T Stamp Inc. (IDAI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3423 PIEDMONT ROAD ATLANTA, GA 30305 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 3,141 | 1,254 | 3,476 | |||
| Cash and cash equivalents | 3,141 | 1,254 | 3,476 | |||
| Receivables | 976 | 1,368 | 1,367 | |||
| Prepaid expense | 217 | 226 | 320 | |||
| Other undisclosed current assets | 365 | 27 | 602 | |||
| Total current assets: | 4,698 | 2,874 | 5,764 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 165 | 316 | ||||
| Nontrade receivables | 40 | |||||
| Property, plant and equipment | 56 | 301 | 112 | |||
| Intangible assets, net (including goodwill) | 1,472 | 1,500 | 1,450 | |||
| Goodwill | 1,249 | 1,249 | 1,249 | |||
| Intangible assets, net (excluding goodwill) | 224 | 252 | 202 | |||
| Other noncurrent assets | 29 | 2 | 178 | |||
| Other undisclosed noncurrent assets | 1,432 | 1,419 | 1,160 | |||
| Total noncurrent assets: | 3,195 | 3,538 | 2,900 | |||
| TOTAL ASSETS: | 7,893 | 6,412 | 8,665 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 2,376 | 2,045 | 1,364 | |||
| Accounts payable | 1,232 | 945 | 304 | |||
| Accrued liabilities | 1,144 | 1,100 | 1,060 | |||
| Deferred revenue | 11 | 1,812 | 503 | |||
| Derivative instruments and hedges, liabilities | 162 | 119 | ||||
| Other liabilities | 82 | |||||
| Due to related parties | ✕ | ✕ | 273 | 253 | ||
| Other undisclosed current liabilities | 83 | 199 | 280 | |||
| Total current liabilities: | 2,714 | 4,448 | 2,400 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 954 | 886 | 856 | |||
| Long-term debt, excluding current maturities | 954 | 886 | 856 | |||
| Liabilities, other than long-term debt | 54 | 191 | ||||
| Operating lease, liability | 54 | 102 | ||||
| Derivative instruments and hedges, liabilities | 89 | |||||
| Other undisclosed noncurrent liabilities | 257 | 262 | 375 | |||
| Total noncurrent liabilities: | 1,264 | 1,339 | 1,231 | |||
| Total liabilities: | 3,978 | 5,787 | 3,631 | |||
| Equity | ||||||
| Equity, attributable to parent | 3,753 | 464 | 4,872 | |||
| Common stock | 91 | 49 | 205 | |||
| Additional paid in capital | 54,376 | 39,496 | 31,822 | |||
| Accumulated other comprehensive income | 140 | 237 | 184 | |||
| Accumulated deficit | (50,853) | (39,300) | (27,208) | |||
| Stockholders' equity note, subscriptions receivable | (19) | (130) | ||||
| Equity, attributable to noncontrolling interest | 161 | 161 | 161 | |||
| Total equity: | 3,915 | 625 | 5,034 | |||
| TOTAL LIABILITIES AND EQUITY: | 7,893 | 6,412 | 8,665 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 4,560 | 5,385 | 3,678 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (935) | ||||
| Gross profit: | 4,560 | 4,450 | 3,678 | ||
| Operating expenses | (12,450) | (17,464) | (12,569) | ||
| Other undisclosed operating income | 935 | ||||
| Operating loss: | (7,890) | (12,079) | (8,891) | ||
| Nonoperating income (expense) | 239 | 8 | (168) | ||
| Other nonoperating expense | (3) | (68) | (103) | ||
| Loss from continuing operations before income taxes: | (7,651) | (12,070) | (9,059) | ||
| Income tax expense (benefit) | 13 | (21) | |||
| Other undisclosed income from continuing operations | |||||
| Loss from continuing operations: | (7,638) | (12,092) | (9,059) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (9,059) | |
| Net loss: | (7,638) | (12,092) | (9,059) | ||
| Net income attributable to noncontrolling interest | 2 | ||||
| Net loss available to common stockholders, basic: | (7,638) | (12,092) | (9,057) | ||
| Dilutive securities, effect on basic earnings per share | 7,394 | 2,420 | 11,423 | ||
| Net income (loss) available to common stockholders, diluted: | (244) | (9,671) | 2,366 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (7,638) | (12,092) | (9,059) | ||
| Other comprehensive income (loss) | (98) | 53 | 139 | ||
| Comprehensive loss: | (7,735) | (12,038) | (8,920) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 2 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (7,735) | (12,038) | (8,918) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.