Lance Wilson
the Board of Directors of the Company appointed Lance Wilson as the Company’s new Chief Financial Officer, to fill the vacancy in the position left after Alex Valdes’s resignation as Chief Financial Officer effective January 2, 2025.
Highest-materiality recent filing
Trust Stamp FY2025 revenue $3.14M (+2% YoY); net loss improves to $2.67/share from $11.36
Net recognized revenue $3.14M, up 2% YoY; undershot original projections due to QID contract delays.
Trust Stamp acquires 50% of CyberFish; director Francis resigns, Curmi elected
Trust Stamp Malta subsidiary acquired 50% of CyberFish for £190,000 total consideration (cash + software services).
Trust Stamp signs non-binding LOIs for two M&A deals; secures first IT2 PO from African telecom
Two non-binding LOIs to acquire a UK cybersecurity startup outright and take 50% stake in another; no cash, dilution <2.5%; close by end of Feb.
T Stamp Q3 revenue up 71% YoY to $0.87M; operating expenses down 17%
Net recognized revenue of $0.87M for Q3 2025, up 71% from $0.51M in Q3 2024.
Trust Stamp (IDAI) raises $4.3M in warrant inducement, issues new warrants for 2.5M shares
Gross proceeds of ~$4.347M from exercise of warrants at reduced exercise price of $4.20 per share.
T Stamp raises $6.2M via ATM offering at ~$3.55/share
Raised approximately $6.196M from sale of common stock in at-the-market offering.
T Stamp raises $5.6M through ATM equity offering at ~$3.56/share
Raised $5.6M from sale of common stock under ATM agreement with Maxim Group LLC.
T Stamp Q2 revenue $0.81M (+62% YoY); net loss narrows 34% to $1.71M
Net recognized revenue $0.81M for Q2 2025, up 62% YoY; H1 revenue $1.36M, up 26% YoY.
T Stamp issues $2.21M secured note to Streeterville Capital at 9%, due Nov 2026
Secured promissory note of $2,210,000 issued; net proceeds $2,000,000 after $200K OID and $10K fees.
Trust Stamp Q1 revenue $545K (down 5% YoY); guides FY25 revenue >$5M from existing customers
Q1 2025 recognized revenue $545K vs $574K in Q1 2024; additional $197K deferred under ASC 606.
Marcum LLP resigned as T Stamp's independent auditor on April 23, 2025; CBIZ CPAs appointed same day.
Trust Stamp Q4 revenue jumps to $1.5M; FY2025 guided above $5M revenue
Q4 2024 revenue $1.50M, up 194% from Q3 2024 ($0.51M) and 159% from Q4 2023 ($0.58M).
Nasdaq delisting notice for missing annual meeting; appoints Lance Wilson as CFO
Received Nasdaq delisting notice on Jan 14,2025 for failing to hold annual meeting within 12 months of fiscal year end per Listing Rule 5620(a).
Issued 414,202 shares/pre-funded warrants plus Series A and B warrants for up to 621,303 additional shares at $8.45 exercise.
Trust Stamp raises $3.0M in registered direct offering and private placement of warrants
Sold 5,555,548 shares (or pre-funded warrants) plus Series A/B warrants at $0.54 combined effective price.
T Stamp stockholders approve reverse split and share issuances to DQI and Armistice
97% voted to ratify DQI SPA, selling 4,597,701 Class A shares to DQI Holdings.
T Stamp gets 180-day extension to meet Nasdaq $1.00 bid price, regains compliance on equity rule
Nasdaq granted additional 180 days until April 28, 2025 to cure minimum bid price deficiency.
T Stamp regains Nasdaq minimum equity compliance; stockholders' equity > $5M
Converted $2M promissory notes into 4,597,701 shares at $0.435/share in July 2024.
Registered direct offering of Pre-Funded Warrants for 1,432,399 shares at $0.3213; gross proceeds ~$2.0M.
T Stamp Board authorizes sale/merger exploration and expense reductions including layoffs
Board authorized management to discuss potential sale or merger of the company or its business lines.
T Stamp raises ~$3.5M in registered direct offering and warrant inducement; terminates HCM agreement
Gross proceeds: $2.0M from direct offering and $1.538M from warrant exercise for total ~$3.538M.
Net revenue $1.07M for H1 2024 vs $919K in H1 2023, a 16% increase.
T Stamp raises $2M via private placement of 4.6M shares at $0.435/share
Issued 4,597,701 shares to one investor via three promissory notes totaling $2,000,000.
T Stamp Inc. regains Nasdaq compliance with $2.5M equity requirement after private placement
Received investment via private placement on July 13, 2024, boosting stockholders' equity above $2.5M minimum.
Trust Stamp H1 2024 update: 21 new customers, 69 on Orchestration Layer; bank partners growing
Onboarded 21 new customers in H1, total 69 on low-code Orchestration Layer platform.
T Stamp receives Nasdaq deficiency letter for low stockholders' equity, faces potential delisting
Nasdaq notified T Stamp on May 30, 2024, that stockholders' equity of $1,543,391 is below the $2,500,000 minimum.
T Stamp receives Nasdaq non-compliance notice for bid price below $1.00
Nasdaq notified T Stamp on May 3, 2024, that its Class A Common Stock bid price closed below $1.00 for 30 consecutive business days.
the Board of Directors of the Company appointed Lance Wilson as the Company’s new Chief Financial Officer, to fill the vacancy in the position left after Alex Valdes’s resignation as Chief Financial Officer effective January 2, 2025.
Alex Valdes’s resignation as Chief Financial Officer effective January 2, 2025.
On November 2, 2024, the Board of Directors of T Stamp, Inc. (the “Company”) elected Andrew Scott Francis, the current Chief Technology Officer of the Company, to the Board of Directors, effective immediately, to fill a vacancy on the Board of Directors.
On October 4, 2024, Alexander Valdes, the Chief Financial Officer of T Stamp Inc., a Delaware corporation (the “Company”), submitted a notice of non-renewal of his employment agreement with the Company, providing a 90-day notice in accordance with the terms of his employment agreement, which was accepted by the Company.
Mr. Valdes is currently the Board Secretary of the Company, a position from which he also intends to resign on or before January 2, 2025.
Mr. Allen currently serves as EVP of Mergers and Acquisitions of the Company, a position which Mr. Allen has indicated he will no longer continue to hold after December 8, 2024
Effective September 26, 2024, Joshua Allen resigned from his position as a director
Max materiality 0.85 · Median 0.60 · Most common event other_material