AI Earnings Predictions for T Stamp Inc. (IDAI)

EX-99.1

2 a2q2026pressreleaseex-991i.htm

EX-99.1

Document

Exhibit 99.1

T STAMP INC

(‘Trust Stamp’ or ‘The Company’)

Nasdaq: IDAI

Trust Stamp provided a H1 2026 business report including a 22% increase in net recognized revenue with continued customer and pipeline growth, selection for the European Union’s IPCEI program and entry into the $48 billion Sovereign-AI market

August 13, 2026, Atlanta, Georgia, United States: Trust Stamp (Nasdaq: IDAI) announced that:

1.Net recognised revenue for the six months ended June 30, 2026 was $1.66 million, an increase of 22% from $1.36 million for the corresponding period in 2025 primarily attributable to increased revenue from the Company's S&P 500 bank customer and $192 thousand billed in Q2 for work with a multinational telecommunications corporation operating in Africa (“the Telecom”). The Company believes its engagement with the Telecom has strong potential for generating increased revenues, which subsequent to June 30 has included  an additional $800 thousand of work product delivered to the Telecom, bringing total billed and billable work for the Telecom to $992 thousand.

2.The Company is in negotiations with a second African telecoms company and views the African telecommunications market as a strategic growth opportunity, given the regulatory emphasis on subscriber identity assurance. In parallel, negotiations on three government related contracts in Ghana continue to progress and are expected to result in one or more definitive agreements during FY 2026.

3.The Company also identified a sales pipeline of potential governmental and private sector customers of $42.40 million for 2026 and 2027 combined. When discounting based on the likelihood of contracting, the Company believes the sales pipeline may generate an estimated revenue pipeline of $9.48 million, which does not include revenue from new engagements and initiatives that are not yet capable of accurate projection.

4.Total Operating Expenses were $6.32 million for the six months ended June 30, 2026, compared to $5.20 million for the corresponding period in 2025, for an increase of $1.12 million, including $1.42 million of non-cash expenses (an increase in non-cash expenses of $654k compared to the corresponding period in 2025). Operating Expenses included up-front costs related to the engagement with the Telecom which are expected to yield long-term usage-based-revenue. The increase also includes one-time acquisition expenses related to Lexverify, internal and external development expenses related to the Wallet of Wallets (WoWTM), $250 thousand in one-time expenses related to the financing completed in Q2, increases in depreciation and timing differences in recognition of RSU expenses, as well as increased cost of sales in tandem with the increase in both recognized and unbilled revenue.

5.Net Loss for the six months ended June 30, 2026 based on recognized revenue was $4.93 million compared to $3.87 million for the six months ended June 30, 2025 representing a 27.29% increase year on year. For the purpose of clarifying cash utilization, the Company flagged that the net loss included $1.42 million of non-cash expenses resulting in a cash burn from operations of $3.51 million including one-time expenses. Basic and diluted net loss per share were $0.90 per share for the six months ended June 30, 2026, compared to $1.57 per share for the corresponding period in 2025.

6.Cash and Cash Equivalents as of June 30, 2026 were $6.31 million which, with receivables and prepaid expenses, resulted in Total Current Assets of $8.14 million.

7.The Company also highlighted two significant strategic initiatives:

a.Trust Stamp Malta Limited, has been selected as a direct participant in the Important Project of Common European Interest on Advanced Semiconductor Technologies (IPCEI AST), with the support of Malta Enterprise.

The IPCEI-AST is a major, coordinated European initiative backed by participating EU Member States and their national authorities, with the objective of strengthening Europe's sovereignty, security and resilience across the advanced semiconductor value chain. Bringing together industry and research participants from across the EU, it is designed to accelerate the development and first industrial deployment of next-generation chip technologies. IPCEI is one of the EU's principal instruments for funding strategic technologies; its predecessor in microelectronics, IPCEI ME/CT, mobilized up to €8.1 billion in public funding across fourteen Member States. The overall funding envelope for the Advanced Semiconductor Technologies wave is still being finalized.

Trust Stamp's selection positions its privacy-first identity technology within this strategic effort by binding the identity of a device to a verified human identity, so that critical hardware can be trusted to operate only in authorized hands. This work will build on Trust Stamp's patented approach to irreversible biometric tokenization, which

EX-99.1

2 a1q2026pressreleaseex-991i.htm

EX-99.1

Document

Exhibit 99.1

T STAMP INC

(‘Trust Stamp’ or ‘The Company’)

Nasdaq: IDAI

Trust Stamp filed its Q1 10-Q for the three months ended March 31, 2026 reflecting 39% increase in net recognized revenue with continued customer and pipeline growth

May 14, 2026, Atlanta, Georgia, United States: Trust Stamp (Nasdaq: IDAI) announced that:

1.It filed its Q1 10-Q report for the three months ended March 31, 2026 after the Nasdaq market closed on May 14, 2026.

2.Net recognized revenue for the three months ended March 31, 2026 was $757 thousand, an increase of 39% from $545 thousand for the corresponding period in 2025. The increase was primarily attributable to the S&P 500 bank customer contract amendment in 2025 which increased recognized revenue by $236 thousand when compared to the corresponding period in 2025. Notably, recognized revenue did not include services delivered in Q1 to the company’s newest customers which will result in billable revenue in Q2 and beyond.

3.Total Operating Expenses were $3.03 million for the three months ended March 31, 2026, compared to $2.71 million for the corresponding period in 2025, for an increase of $318 thousand. A portion of the increase includes one-time acquisition expenses related to Lexverify, development expenses related to the Wallet of Wallets (WoWTM) and timing differences in recognition of RSU expenses, as well as an increased cost of sales associated with the increase in recognized revenue.

4.Comprehensive Loss for the three months ended March 31, 2026 was $2.23 million compared to $2.16 million for the three months ended March 31, 2025 representing a 3.4% increase year on year. Basic and diluted net loss per share were $0.42 per share for the three months ended March 31, 2026, compared to $0.89 per share for the corresponding period in 2025.

5.Cash and Cash Equivalents as of March 31, 2026 were $3.89 million which, with receivables and prepaid expenses, resulted in Total Current Assets of $5.34 million.

Gareth N. Genner, Chief Executive Officer of the Company commented: “The increase in recognized revenue in Q1 reflects a high level of continued performance on our historic engagements in parallel to our work with two new major clients that we anticipate will result in significant billable revenue in Q2 and beyond. Our pipeline of substantial revenue prospects has continued to grow and mature and we are seeing significant interest in our WoWTM which will launch once there is resolution of the continuing legislative uncertainties regarding stablecoin governance.”

Inquiries

Investors:shareholders@truststamp.ai

About Trust Stamp

Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.

With team members from twenty-two nationalities in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

Safe Harbor Statement: Caution Concerning Forward-Looking Remarks

All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

EX-99.1

2 a2025pressreleaseex-991ida.htm

EX-99.1

Document

Exhibit 99.1

T STAMP INC

(‘Trust Stamp’ or ‘The Company’)

Nasdaq: IDAI

Trust Stamp filed its 10K for the year ending December 31, 2025 reflecting strong growth in customer enrollments and user completions with a 33.6% year-on-year decrease in Comprehensive Operating Loss

March 31, 2026, Atlanta, Georgia, United States: Trust Stamp (Nasdaq: IDAI) announced that:

1.It filed its 10K report for the year ended December 31, 2025 after the Nasdaq market closed on March 31, 2026.

2.Net recognized revenue for the year ended December 31, 2025 was $3.14 million, an increase of 2% from $3.08 million for the corresponding period in 2024. The increase was primarily attributable to the S&P 500 bank customer contract amendment in 2025. The amendment extended the term of the existing agreement until May 31, 2031 (subject to a right for the customer to cancel for convenience on 6 months notice), with a minimum gross revenue exceeding $12.7 million over the term of the contract. The amendment increased revenue by $666 thousand in 2025.

3.Revenue for the year ended December 31, 2025, while increased, undershot the Company’s original projections due to delays in customer implementation for the QID contract. The Company was able to redirect assigned resources to product development, improvements and new customer onboarding.

4.Total Operating Expenses were $10.80 million for the year ended December 31, 2025, compared to $12.45 million for the corresponding period in 2024, representing a 13% reduction between the respective periods in 2025 and 2024.

5.Basic and diluted net loss per share were $2.67 per share for the year ended December 31, 2025, compared to $11.36 per share for the corresponding period in 2024.

6.Cash and Cash Equivalents as of December 31, 2025 were $6.04 million which, with receivables and prepaid expenses, resulted in Total Current Assets of $7.48 million.

7.Total liabilities decreased to $2.35 million as of December 31, 2025, from $5.41 million as of December 31, 2024, primarily reflecting the full repayment on January 10, 2025, of the Company’s secured borrowing in the sum of $3.07 million, including $69 thousand of interest.

8.Shareholder equity rose 188% to $8.73 million as of December 31, 2025, from $3.03 million as of December 31, 2024.

Trust Stamp also announced that as of the date of this release, a total of 100 financial institutions with over $350 billion in assets have been onboarded via FIS, bringing the total number of customers either fully implemented or currently implementing the Orchestration Layer to 114. Importantly, over the year ended December 31, 2025, transaction starts for FIS-related institutions have increased 247% and customer completion rates increased by over 30%.

Inquiries

Investors:shareholders@truststamp.ai

About Trust Stamp

Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.

With team members from twenty-two nationalities in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

Safe Harbor Statement: Caution Concerning Forward-Looking Remarks

All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.