Introduction
T STAMP INC (Nasdaq: IDAI) is a provider of AI-powered biometric identity services listed on the Nasdaq Capital Market. Established in 2016 by Gareth Genner and Andrew Gowasack, the company offers identity verification solutions, including its Stable IT2 technology, which secures digital assets by regenerating cryptographic keys from biometric data rather than storing the data itself.
Corporate Structure
With operations in seven countries across North America, Europe, Asia, and Africa, T STAMP employs over 100 people, including specialists in image processing, cryptography, and regulatory compliance. The leadership team has extensive experience in cybersecurity and identity management, and the company has raised more than $30 million in funding. T STAMP’s intellectual property includes 11 issued patents and 12 pending applications as of January 7, 2022.

Biometric identity by George Prentzas
Developments and News
On September 24, 2025, T STAMP shares closed at $3.99, reflecting a 33.00% increase from the previous close of $3.00. Trading volume for the day reached 230,790 shares, which was 299.17% above the average volume of 57,817 shares. The company currently holds a $3.92 million contract with the U.S. Department of Homeland Security. Its client base includes more than 24 organizations, including Mastercard International, and it continues to receive support from investors such as Mastercard and the 630 Cybersecurity Fund.
Financial and Strategic Analysis
In 2021, T STAMP reported net sales of $3.68 million, representing a 38.9% year-over-year increase, and a gross profit of $2.53 million, which is a 124% year-over-year growth. For the 12 months ending June 30, 2025, trailing revenue was $3.37 million, while the net income reported was a loss of $11.14 million. As of the most recent quarter, the balance sheet indicates $292,050 in cash with a debt-to-equity ratio of 48.03%.
Key financial metrics (TTM):
Metric | Value |
---|---|
Revenue | $3.37 M |
Net Income | –$11.14 M |
Diluted EPS | –5.84 |
Price/Sales | 1.75 |
Price/Book | 3.12 |
Market Cap (intraday) | $7.576 M |
Market Position and Industry Context
T STAMP operates in the global identity-verification market, serving sectors including banking, finance, government, real estate, communications, and humanitarian services. Its Stable IT2 approach removes centralized biometric data storage, addressing both fraud risk and compliance with data privacy regulations. With approximately 2.5 million shares available for trading and a 52-week trading range of $0.15 to $8.96, the company is categorized as a small-cap firm aiming for growth through partnerships and patented technology in a sector projected to grow in response to rising identity theft and regulatory demands.
tl;dr
On September 24, 2025, T STAMP’s stock rose 33% to $3.99, with trading volume significantly exceeding its average. The company has a $3.92 million contract with the DHS and reported $3.37 million in trailing revenue against an $11.14 million net loss. Upcoming events include an estimated earnings release window of November 13, 2025, along with ongoing deployments of its Stable IT2 biometric solution across regulated industries.