T Stamp Inc

T Stamp Inc. has secured a $5.51 million secured promissory note from Streeterville Capital LLC, resulting in net proceeds of $5 million. The company stated this financing was undertaken to address short-selling pressure and demonstrate sufficient cash resources, bringing its total cash and receivables to over $7.6 million. The note carries a 9% interest rate, matures in two years, and includes stringent terms such as mandatory prepayments from future financings, an exit fee, and investor redemption rights, along with a 22% default interest rate.

Trust Stamp announced a partnership with Ridgedale Federal Credit Union (FCU) to provide advanced identity authentication services. Ridgedale FCU will integrate Trust Stamp's solution, utilizing the American Association of Motor Vehicle Administrators (AAMVA) Driver’s License Data Verification (DLDV) service, to validate driver's licenses against official government records in real-time. This collaboration aims to enhance fraud prevention for the credit union and marks Trust Stamp's strategic push to make enterprise-grade security accessible to small and medium businesses (SMBs) through its low-code Orchestration Layer.

T Stamp Inc. announced an Amendment No. 2 to its Schedule 14A, reflecting a new date, time, and record date for its deferred 2025 Annual Meeting of Stockholders. The virtual meeting is now scheduled for Tuesday, July 7, 2026, at 9:00 a.m. Eastern Standard Time, with a record date of May 13, 2026. Stockholders will vote on the election of two Class III directors, the ratification of CBIZ CPAs P.C. as the independent auditor for fiscal year 2025, and the ratification and approval of the issuance of Private Placement Warrants and associated shares from the Armistice SPA, as required by Nasdaq listing rules.

Trust Stamp reported its first-quarter 2026 financial results, with net recognized revenue increasing by 39% to $757 thousand, up from $545 thousand in the prior year. This growth was largely driven by a 2025 contract amendment with an S&P 500 bank customer. While total operating expenses rose to $3.03 million, the company saw an improvement in its basic and diluted net loss per share, which decreased to $0.42 from $0.89 year-over-year. The company anticipates significant billable revenue from new clients in Q2 and beyond, with a growing pipeline and interest in its Wallet of Wallets (WoWTM) platform.

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.

Trust Stamp filed its Q1 2026 10-Q report, reporting a 39% increase in net recognized revenue to $757 thousand, primarily due to an S&P 500 bank customer contract amendment. Despite an increase in total operating expenses to $3.03 million, the basic and diluted net loss per share significantly narrowed to $0.42 from $0.89 in the prior year. The company anticipates significant billable revenue from new clients in Q2 and beyond and is seeing interest in its Wallet of Wallets (WoWTM) product, pending legislative clarity on stablecoin governance.

Trust Stamp (IDAI), in collaboration with Partisia and Digital Platformer, has signed a commercial agreement to advance financial security, identity verification, and privacy protection across Japan's financial services sector and the broader region. The partnership will deploy a unified privacy-preserving biometric authentication solution, integrating Trust Stamp's Fuzzy IT² biometric tokenisation with Partisia's MPC platform. This initiative aims to address sophisticated cybersecurity threats and data privacy concerns by offering a decentralized solution that strengthens regulatory compliance and user trust.