Quarterly ResultMay 14, 2026, 04:33 PM
T Stamp Q1 Net Loss $2.23M; Revenue Up 38.75%; Going Concern Doubt
AI Summary
T Stamp Inc. reported a net loss of $2.23 million for Q1 2026, an increase from $2.16 million in Q1 2025, despite a 38.75% rise in net revenue to $756,832. The company's cash and cash equivalents decreased by $2.15 million, and it continues to operate with a going concern warning due to accumulated deficits and operating cash outflows. Significant activities included the acquisition of Lexverify Ltd. and an investment in Cyberfish.
Key Highlights
- Net loss attributable to T Stamp Inc. was $2.23 million for Q1 2026, up from $2.16 million in Q1 2025.
- Net revenue increased 38.75% to $756,832 for Q1 2026, compared to $545,471 in Q1 2025.
- Basic and diluted net loss per share was $(0.42) for Q1 2026, an improvement from $(0.89) in Q1 2025.
- Cash and cash equivalents decreased to $3.89 million as of March 31, 2026, from $6.04 million at year-end 2025.
- Net cash used in operating activities increased to $1.86 million for Q1 2026 from $1.54 million in Q1 2025.
- The company issued a going concern warning due to its accumulated deficit of $72.01 million and operating cash outflows.
- Acquired Lexverify Ltd. for $400,000 in non-cash consideration and made an investment in Cyberfish.
- Professional services revenue rose to $689,832 in Q1 2026 from $458,471 in Q1 2025.
Price Impact
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