Core Insights - Trust Stamp is focusing on significant growth in 2026 through acquisitions, customer base expansion, and service offerings enhancement [1] - The company has entered into non-binding letters of intent for two M&A transactions with firms from the UK National Cybersecurity Center's startup program, aiming to close these deals by the end of February 2026 [2] - The acquired companies will provide critical technology and expertise, enhancing existing products and creating new offerings, particularly in AI solutions and crisis training [3][4] Financial and Market Developments - Trust Stamp completed a financing round in Q4 2025 to secure working capital for growth initiatives in 2026 [1] - The proposed M&A transactions will result in less than 2.5% dilution of the current share capital, with minimal cash impact [2] - The company anticipates substantial economic potential from its Stablecoin-focused Wallet of Wallets (WoW) product, with plans for a market launch in Q1 and Q2 2026 [5] African Market Engagement - Trust Stamp has received its first Purchase Order for the Irreversibly Transformed Identity Token (IT2) from a major African telecommunications company, expected to generate 7-figure annual recurring revenue (ARR) [7] - Discussions are ongoing with another telecom provider in Africa, and the company is pursuing similar opportunities across the continent [8] - The company is collaborating with the Nigerian government to identify areas for technology implementation, with a visit planned for February 2026 [9][10] Technology and Product Development - Enrollment on the Orchestration Layer platform in the U.S. has reached 112 institutions, with a 20% increase in transaction volumes [11] - Trust Stamp's engagement with an S&P 500 bank is projected to generate gross annualized revenues between $2.4 million and $2.7 million in 2026 [12] - The company is expanding its identity authentication services in the healthcare sector, with ongoing negotiations for implementations in the EU [14] Intellectual Property and Innovation - Trust Stamp has completed proofs of concept for new biometric technologies, including touchless palm capture and multi-biometric solutions [18] - The company is developing tools to combat AI-powered attacks and plans to submit innovations for third-party certification in Q2 2026 [19] - Recent patent developments include a new patent for multifactor authentication systems, enhancing the company's intellectual property portfolio [20][21]

Company Overview - Trust Stamp is a global provider of AI-powered services across various sectors including banking, finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services [2] - The company operates with a diverse team comprising members from twenty-two nationalities across eight countries [3] Financial Performance - Trust Stamp filed its Q1 10-Q report for the three months ended March 31, 2025, after the Nasdaq market closed on May 15, 2025 [5] - Recognized revenue for Q1 2025 was $545 thousand, a decrease from $574 thousand in Q1 2024, with an additional $197 thousand of revenue fully earned but subject to deferred recognition under ASC 606 [5] - Anticipated revenue from existing contracted customers for FY 2025 is expected to exceed $5.0 million, excluding projected revenue from contracted customers that are not yet revenue-generating [5] Operational Developments - The number of institutional customers registered on the Orchestration Layer platform increased to ninety-four from eighty at the end of Q4 2024, including twelve community banks and two credit unions [1] - Continuing expense reductions for the remainder of 2025 are estimated to yield new savings of $0.18 million per month compared to expenses in 2024 [5] - Estimated cash burn for the remaining nine months of 2025 is projected at an average of $0.24 million per month, which the company believes is covered by cash on hand and an unused $6.1 million "At The Market" equity distribution agreement [5]