T Stamp, Inc. Class A (IDAI) AI Stock Analysis

• Market Cap: $21.45M
• Dividend Yield: N/A
• Average Volume (3M): 120.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.20
• Revenue Growth: 72.57%
• EPS Growth: -261.66%
• Country: US
• Employees: 72
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.69
• Shares Outstanding: 5,243,832
• 10 Day Avg. Volume: 122,698
• 30 Day Avg. Volume: 120,081
• PEG Ratio: 0.05
• Price to Book (P/B): 4.83
• Price to Sales (P/S): 4.75
• P/FCF Ratio: -1.50
• Enterprise Value/Market Cap: 0.31
• Enterprise Value/Revenue: 1.79
• Enterprise Value/Gross Profit: 2.99
• Enterprise Value/Ebitda: -0.64
• 1Y Price Target: $12.00
• Price Target Upside: 272.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $4.00 ▲(24.22% Upside)

The score is driven primarily by weak financial performance—severe losses, negative returns, and deteriorating free cash flow despite modest revenue growth. Technical indicators are neutral with some longer-term price strength but a negative MACD. Recent financings improve near-term funding but come with dilution/structure risk, while valuation signals remain constrained by negative earnings.

Positive Factors

Strategic Partnerships

Participation in the Trust Village Incubator enhances T Stamp's European market strategy and fosters partnerships, supporting long-term growth.

Innovative Product Development

This innovation positions T Stamp as a leader in secure digital asset management, aligning with regulatory trends and expanding market opportunities.

Improved Liquidity

These financial moves enhance liquidity, providing capital for growth initiatives and operational stability, crucial for long-term success.

Negative Factors

Profitability Challenges

Persistent profitability issues indicate operational inefficiencies, which could hinder sustainable growth and investor confidence over time.

Cash Flow Issues

Deteriorating cash generation capabilities limit the company's ability to fund operations and strategic initiatives, impacting long-term viability.

High Debt Levels

While leverage management has improved, negative ROE suggests inefficiencies in utilizing equity, potentially affecting financial health.

T Stamp, Inc. Class A Business Overview & Revenue Model

Company Description

T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

T Stamp, Inc. generates revenue primarily through the sale of its digital identity solutions and services. The company offers products that include biometric authentication systems, electronic signatures, and identity verification services, which are sold to businesses and organizations looking to enhance their security protocols. Key revenue streams come from subscription services, licensing agreements, and transaction fees associated with the use of its platforms. Additionally, T Stamp may benefit from strategic partnerships with other technology firms and integration with existing security infrastructure, which can lead to increased adoption of its solutions and additional revenue opportunities.

T Stamp, Inc. Class A Financial Statement Overview

Summary

T Stamp, Inc. Class A faces substantial financial challenges. Despite some revenue growth, the company struggles with profitability and cash flow generation. The balance sheet shows improvement in leverage, but negative return on equity and cash flow issues highlight the need for strategic improvements.

Income Statement

T Stamp, Inc. Class A shows a mixed performance in its income statement. The company has experienced a revenue growth rate of 10.74% in the TTM period, indicating some positive momentum. However, profitability remains a significant concern with negative net profit margins of -316.35% and EBIT margins of -253.30%. The gross profit margin is relatively healthy at 51.54%, but the consistent negative net income highlights ongoing challenges in achieving profitability.

Balance Sheet

The balance sheet of T Stamp, Inc. Class A reflects moderate financial stability. The debt-to-equity ratio has improved to 0.55 in the TTM period, suggesting better leverage management compared to previous years. However, the return on equity remains negative at -302.04%, indicating inefficiencies in generating returns for shareholders. The equity ratio stands at 54.20%, showing a reasonable level of equity financing relative to total assets.

Cash Flow

Cash flow analysis reveals significant challenges for T Stamp, Inc. Class A. The company has a negative free cash flow growth rate of -69.40% in the TTM period, indicating deteriorating cash generation capabilities. The operating cash flow to net income ratio is -1.89, and the free cash flow to net income ratio is 1.04, suggesting that the company is struggling to convert its operations into positive cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.73M	3.08M	4.56M	5.39M	3.68M	2.65M
Gross Profit	2.24M	2.01M	3.65M	3.60M	2.53M	1.13M
EBITDA	-10.49M	-9.36M	-7.63M	-11.03M	-8.45M	-10.09M
Net Income	-11.79M	-10.61M	-7.64M	-12.09M	-9.06M	-10.68M
Balance Sheet
Total Assets	11.19M	8.60M	7.89M	6.41M	8.66M	4.81M
Cash, Cash Equivalents and Short-Term Investments	5.37M	2.78M	3.14M	1.25M	3.48M	1.47M
Total Debt	3.33M	4.13M	1.09M	1.37M	856.26K	344.22K
Total Liabilities	4.97M	5.41M	3.98M	5.79M	3.63M	2.74M
Stockholders Equity	6.06M	3.03M	3.75M	463.70K	4.87M	1.91M
Cash Flow
Free Cash Flow	-8.11M	-9.73M	-8.63M	-7.32M	-7.47M	-4.99M
Operating Cash Flow	-6.85M	-8.92M	-7.85M	-6.34M	-6.70M	-4.48M
Investing Cash Flow	-896.96K	-906.67K	-401.68K	-998.19K	-768.35K	-512.16K
Financing Cash Flow	12.77M	9.49M	10.21M	5.10M	9.34M	6.09M

T Stamp, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IDAI, the sentiment is Positive. The current price of 3.22 is below the 20-day moving average (MA) of 3.87, below the 50-day MA of 4.04, and above the 200-day MA of 3.03, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 56.83 is Neutral, neither overbought nor oversold. The STOCH value of 68.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IDAI.

T Stamp, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
LGCL	53 Neutral	$5.47M	0.04	2.46%	―	―	―
AGMH	46 Neutral	$4.21M	0.05	95.31%	―	-19.32%	―
IDAI	44 Neutral	$21.45M	-0.09	-205.65%	―	72.57%	-261.66%
JTAI	41 Neutral	$7.34M	-0.07	-518.36%	―	-29.57%	97.70%

T Stamp, Inc. Class A Corporate Events

T Stamp Adjourns 2025 Annual Meeting for Lack of Quorum

On December 30, 2025, identity verification and trust technology provider T Stamp, Inc. convened its 2025 Annual Meeting of Stockholders but was unable to conduct business because not enough common shares were present or represented by proxy to constitute a quorum. The company adjourned the meeting and will issue an amended proxy statement, set January 15, 2026 as the new record date for determining stockholders entitled to vote, and plans to reconvene the Annual Meeting on March 11, 2026, requiring shareholders to submit new proxies for the unchanged proposals, which may delay the approval of corporate actions until the reconvened session.

The most recent analyst rating on (IDAI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

T Stamp Inc. Secures $4.3M Through Warrant Agreement

On October 31, 2025, T Stamp Inc. entered into a warrant exercise and exchange inducement agreement with an institutional investor, resulting in the exercise and exchange of warrants issued in 2024 and 2025. The agreement included reducing the exercise price of existing warrants and issuing new unregistered warrants, generating approximately $4.3 million in gross proceeds. The company plans to use the proceeds for business growth and general corporate purposes, while also agreeing to file a resale registration statement and prohibiting certain stock transactions for 90 days.

The most recent analyst rating on (IDAI) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

T Stamp, Inc. Raises $6.196 Million in Stock Offering

T Stamp, Inc. has successfully raised approximately $6.196 million through an ‘at the market offering’ of its common stock, facilitated by an Equity Distribution Agreement with Maxim Group LLC. The shares were sold at a volume-weighted average price of $3.55 per share between July 8, 2025, and October 9, 2025, significantly impacting the company’s capital structure with 4,208,833 shares of Class A Common Stock now outstanding.

The most recent analyst rating on (IDAI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.