secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001718939-25-000111
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trust Stamp Q1 revenue $545K (down 5% YoY); guides FY25 revenue >$5M from existing customers
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- Q1 2025 recognized revenue $545K vs $574K in Q1 2024; additional $197K deferred under ASC 606.
- FY 2025 revenue from existing contracted customers estimated >$5.0M (excludes potential new customers).
- Expense reductions of $0.18M/month expected for 2025; average monthly cash burn $0.24M for remaining nine months.
- Unused $6.1M ATM equity facility available; company believes cash on hand plus revenues cover projected burn.
- Orchestration Layer institutional customers grew to 94 from 80 at Q4 2024 (12 community banks, 2 credit unions).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893925000111/0001718939-25-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893925000111/idai-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001718939-25-000111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer