T Stamp Inc. Files S-1/A Amendment

TL;DR

T Stamp Inc. filed an S-1/A on 1/31/25. Check financials for R&D expenses and other key metrics as of 9/30/24.

AI Summary

T Stamp Inc. filed an S-1/A amendment on January 31, 2025, detailing its financial position and business operations. The filing includes financial data such as Research and Development Expense, with figures like $1.06 million for the current period and $0.06 million for the prior period, and other financial metrics for the period ending September 30, 2024. The company is incorporated in Delaware and headquartered in Atlanta, Georgia.

Why It Matters

This S-1/A filing provides updated financial and operational details for T Stamp Inc., which is crucial for investors and stakeholders to assess the company's current standing and future prospects.

Risk Assessment

Risk Level: medium — The filing is an amendment to a registration statement, indicating ongoing regulatory processes and potential for significant financial disclosures that could impact the company's valuation.

Key Numbers

• $1.06M — R&D Expense (Current period expense as of 2024-09-30)
• $0.06M — R&D Expense (Prior period expense as of 2024-09-30)
• $7.33 — Financial Metric (Value for the period ending 2024-09-30)
• $10.71 — Financial Metric (Value for the period ending 2024-09-30)

Key Players & Entities

• T Stamp Inc. (company) — Filer of the S-1/A amendment
• 0001104659-25-007699 (filing_id) — Accession number for the filing
• 20250131 (date) — Filing date of the S-1/A
• 0001718939 (company_id) — Central Index Key for T Stamp Inc.
• Atlanta, Georgia (location) — Company headquarters
• $1.06 million (dollar_amount) — Research and Development Expense for the current period
• $0.06 million (dollar_amount) — Research and Development Expense for the prior period
• 2024-09-30 (date) — Period end date for financial data

FAQ

Key Financial Figures

• $0.01 — ares of Class A Common Stock, par value $0.01 per share (" Class A Common Stock ") is
• $8.45 — s A Warrants ") at an exercise price of $8.45 per share; and up to 207,101 shares of
• $8.10 — A Common Stock at an exercise price of $8.10 per share (the " December 2024 Series A
• $4.8345 — ent Warrants ") at an exercise price of $4.8345 per share; and (ii) 636,404 shares issu
• $14,500,031 — rants, or an aggregate of approximately $14,500,031 if the Warrants are exercised in full f
• $3.90 — Stock on The NASDAQ Capital Market was $3.90 per share. Unless stated otherwise, a
• $343 billion — fraud between 2023 and 2027 will exceed $343 billion globally according to a 2022 report tit
• $157 Billion — market for Microfinance is estimated at $157 Billion in the year 2020, and is projected to r
• $342 billion — he year 2020, and is projected to reach $342 billion by 2026 according to the 2022 report ti
• $1.07 billion — earliest to occur of: (i) our reporting $1.07 billion or more in annual gross revenues; (ii)
• $1 billion — ce, in a three year period of more than $1 billion in non-convertible debt; and (iv) the e
• $700 million — n stock held by non-affiliates exceeded $700 million on the last business day of our second

Filing Documents

• idai-20250930xs1a.htm (S-1/A) — 5176KB
• idai-20250930xex23d1.htm (EX-23.1) — 2KB
• idai-20250930xs1a001.jpg (GRAPHIC) — 20KB
• idai-20250930xs1a011.jpg (GRAPHIC) — 33KB
• idai-20250930xs1a012.jpg (GRAPHIC) — 60KB
• idai-20250930xs1a013.jpg (GRAPHIC) — 37KB
• idai-20250930xs1a014.jpg (GRAPHIC) — 12KB
• idai-20250930xs1a015.jpg (GRAPHIC) — 69KB
• 0001104659-25-007699.txt ( ) — 22684KB
• idai-20250930.xsd (EX-101.SCH) — 126KB
• idai-20250930_cal.xml (EX-101.CAL) — 115KB
• idai-20250930_def.xml (EX-101.DEF) — 455KB
• idai-20250930_lab.xml (EX-101.LAB) — 834KB
• idai-20250930_pre.xml (EX-101.PRE) — 973KB
• idai-20250930xs1a_htm.xml (XML) — 3428KB

USE OF PROCEEDS

USE OF PROCEEDS 23 MARKET FOR OUR COMMON STOCK AND RELATED STOCKHOLDER MATTERS 23 SELLING STOCKHOLDERS 25 PLAN OF DISTRIBUTION 27

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 29 THE COMPANY'S BUSINESS 44

DESCRIPTION OF CAPITAL STOCK

DESCRIPTION OF CAPITAL STOCK 59

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 62 DIRECTORS AND EXECUTIVE OFFICERS OF THE COMPANY 62 COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS 68

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 70 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 71

OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

ITEM 13. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION 73

INDEMNIFICATION OF DIRECTORS AND OFFICERS

ITEM 14. INDEMNIFICATION OF DIRECTORS AND OFFICERS 73

RECENT SALES OF UNREGISTERED SECURITIES

ITEM 15. RECENT SALES OF UNREGISTERED SECURITIES 73

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 74 INDEX TO FINANCIAL STATEMENTS F-1

SIGNATURES

SIGNATURES 79 5 Table of Contents ABOUT THIS PROSPECTUS The registration statement on Form S-1, of which this prospectus forms a part and that we have filed with the Securities and Exchange Commission (the " SEC "), includes exhibits that provide more detail of the matters discussed in this prospectus. Additionally, we incorporate by reference important information into this prospectus. You may obtain the information incorporated by reference without charge by following the instructions under the section of this prospectus entitled "Where You Can Find More Information." You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading "Where You Can Find More Information." You should rely only on the information contained in this prospectus and in any free writing prospectus prepared by or on behalf of us. We have not, and the Selling Stockholder has not, authorized anyone to provide you with information different from, or in addition to, that contained in this prospectus or any related free writing prospectus. This prospectus is an offer to sell only the securities offered hereby but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date. Our business, financial condition, results of operations and prospects may have changed since that date. Neither we nor the Selling Stockholder are offering to sell or seeking offers to purchase these securities in any jurisdiction where the offer or sale is not permitted. Neither we nor the Selling Stockholder have done anything that would permit this Offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the jurisdiction of the United States who come into possession of this prospectus and any free writing prospectus related to this

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View this S-1/A filing on SEC EDGAR