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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 5,035,414 $ 1,254,494
Accounts receivable (includes unbilled receivables of $104,043 and $109,475 as of June 30, 2023 and December 31, 2022, respectively) 486,690 1,008,375
Related party receivables 32,997 31,446
Prepaid expenses and other current assets 502,380 580,086
Total Current Assets 6,057,481 2,874,401
Capitalized internal-use software, net 1,479,724 1,418,672
Goodwill 1,248,664 1,248,664
Intangible assets, net 214,823 251,686
Property and equipment, net 71,586 300,664
Operating lease right of use assets 205,976 315,765
Other assets 11,129 2,066
Total Assets 9,289,383 6,411,918
Current Liabilities:    
Accounts payable 773,979 945,162
Related party payables 138,352 273,176
Accrued expenses 662,459 1,099,824
Deferred revenue 2,698,898 1,811,680
Income tax payable 15,460 21,076
Short-term operating lease liabilities 139,056 177,795
Short-term financial liabilities 162,130 118,860
Total Current Liabilities 4,590,334 4,447,573
Warrant liabilities 255,954 261,569
Notes payable, plus accrued interest of $19,904 and $16,458, on June 30, 2023 and December 31, 2022, respectively 921,917 886,465
Long-term operating lease liabilities 41,978 102,407
Long-term financial liabilities 0 88,760
Total Liabilities 5,810,183 5,786,774
Commitments, Note 10
Stockholders’ Equity:    
Common stock $0.01 par value, 50,000,000 shares authorized, 7,989,065 and 4,910,815 shares issued, and 7,972,244 and 4,854,302 outstanding at June 30, 2023 and December 31, 2022, respectively 79,722 48,543
Treasury stock, at cost: 16,821 and 56,513 shares held as of June 30, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 47,067,377 39,496,183
Stockholders’ notes receivable 0 (18,547)
Accumulated other comprehensive income 188,206 237,252
Accumulated deficit (44,017,544) (39,299,726)
Total T Stamp Inc. Stockholders’ Equity 3,317,761 463,705
Non-controlling interest 161,439 161,439
Total Stockholders’ Equity 3,479,200 625,144
Total Liabilities and Stockholders’ Equity $ 9,289,383 $ 6,411,918