Trust Stamp sees FY25 revenue from contracted customers exceeding $5M

Trust Stamp (IDAI) announces that: It filed its 10-K report for the 2024 Financial Year after the Nasdaq market closed on March 31st, 2025. Q4 2024 Revenue was $1.50m increased from $0.51m for Q3 of 2024 and $0.58m for Q4 of 2023. Estimates of anticipated revenue from existing contracted customers for FY 2025 are believed to exceed $5.0m and do not include projected revenue from contracted customers that are not yet revenue-generating. Expenses reductions for the balance of 2025 are estimated to result in new savings of $0.1m per month versus expenses in 2024. Cash burn for Q1 of 2025 is estimated at $0.75m with an average burn over the balance of FY 2025 estimated at $0.2m per month based solely on revenue from existing customers that are both contracted and currently revenue-generating.