Core Insights - Trust Stamp reported strong growth in customer enrollment and user completions on its SaaS Orchestration Layer, with significant increases in transaction starts and customer completion rates [1][4] Financial Performance - The company filed its Q2 10-Q report for the six months ended June 30, 2025, on August 14, 2025 [4] - Net recognized revenue for Q2 2025 was $0.81 million, a 62% increase from $0.50 million in Q2 2024 [4] - For the six months ended June 30, 2025, net recognized revenue was $1.36 million, a 26% increase from $1.07 million in the same period in 2024 [4] - The company reported a net loss of $1.71 million for Q2 2025, reduced by 34% from $2.60 million in Q2 2024 [4] - Total operating expenses for Q2 2025 were $2.50 million, down 20% from $3.13 million in Q2 2024 [4] Customer Growth and Implementation - A total of 92 financial institutions with over $348 billion in assets have been onboarded via FIS, bringing the total number of customers to 105 [1] - Transaction starts for FIS-related institutions increased by 247% over the six months ending June 30, 2025, with a 179% increase in July compared to the previous month [1]