T Stamp Inc. (IDAI) Balance Sheet

NASDAQ: IDAIAssets, liabilities, debt and equity over 9 years.

IDAI balance sheet, 2025

December 31, 2025 · U.S. dollars

$11.2M assets = $2.4M liabilities + $8.9M equity

Both columns are drawn to the same scale: what IDAI owns equals what it owes plus shareholders’ equity. Hover a block for its value.

IDAI financial health

Current ratio7.85

Comfortable · current assets cover current liabilities 7.85×

Debt / equity0.14

Low leverage · $0.14 of debt for each $1 of equity

Equity / assets77.7%

Equity-funded · of assets funded by shareholders

Cash / debt502.1%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles12.7%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

IDAI balance sheet trends, 2017–2025

T Stamp Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$3.8M2017	$11.2M2025	+14.5%/yr
Total liabilities	$4.6M2017	$2.4M2025	−8.2%/yr
Shareholders’ equity	−$1.0M2017	$8.7M2025	—
Cash & short-term investments	$1.6M2017	$6.0M2025	+17.8%/yr
Total debt	$2.6M2017	$1.2M2025	−9.2%/yr
Net cash (debt)	−$967,4982017	$4.8M2025	+$5.8M
Working capital	$916,8992017	$6.5M2025	+$5.6M
Book value per share	$1.252021	$2.802025	+22.5%/yr
Current ratio	2.012017	7.852025	+5.84
Debt / equity	0.182020	0.142025	−0.04
Shares outstanding	4.0M2021	3.1M2025	−6.3%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

IDAI assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

IDAI liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

IDAI debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

IDAI balance sheet

T Stamp Inc. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017
Assets
Cash & short-term investments	$6.0M	$2.8M	$3.1M	$1.3M	$3.5M	$1.5M	$331,761	$167,702	$1.6M
Cash & equivalents	$6.0M	$2.8M	$3.1M	$1.3M	$3.5M	$1.5M	$331,761	$167,702	$1.6M
Receivables	$990,345	$1.4M	$1.3M	$1.3M	$1.8M	$195,110	$87,759	$1.2M	$105,215
Inventory	$0	$0	$216,875	−$329,795	−$489,829	−$129,902	−$82,656	$0	$0
Other current assets	$443,905	$443,636	$28,400	$611,532	$1.0M	$549,145	$221,668	$39,485	$90,342
Total current assets	$7.5M	$4.7M	$4.7M	$2.9M	$5.8M	$2.1M	$558,532	$1.4M	$1.8M
Property, plant & equipment (net)	$160,765	$1.7M	$221,176	$2.0M	$1.3M	$1.3M	$1.2M	$903,757	$420,172
Goodwill & intangible assets	$1.4M	$1.5M	$2.9M	$1.5M	$1.5M	$1.3M	$1.3M	$1.3M	$1.3M
Long-term investments	$444,631	$719,212	$0	$0	$0	$0	$962,000	$0	$0
Other non-current assets	$1.7M	$17,794	$29,468	$2,066	$178,140	$197,956	$47,010	$94,394	$296,990
Total assets	$11.2M	$8.6M	$7.9M	$6.4M	$8.7M	$4.8M	$4.0M	$3.6M	$3.8M
Liabilities
Accounts payable	$146,213	$298,207	$1.2M	$945,162	$304,140	$380,525	$150,539	$34,341	$100,329
Short-term debt	$56,883	$3.1M	$81,236	$296,655	—	$344,219	$115,000	—	—
Deferred revenue	$71,324	$141,168	$10,800	$1.8M	$783,541	$469,105	$141,000	$25,000	$793,425
Total current liabilities	$952,468	$4.2M	$2.7M	$4.4M	$2.4M	$2.5M	$659,118	$330,264	$910,837
Long-term debt	$1.1M	$951,727	$953,877	$886,465	$856,258	$0	$717,250	$2.8M	$2.6M
Lease obligations	$75,115	$122,918	$135,007	$280,202	$0	—	—	—	—
Other long-term liabilities	$269,697	$293,408	$310,307	$452,736	$374,694	$287,750	$2.5M	$1.2M	$1.1M
Total liabilities	$2.4M	$5.4M	$4.0M	$5.8M	$3.6M	$2.7M	$3.9M	$4.3M	$4.6M
Shareholders' equity
Common stock & paid-in capital	$52,456	$20,234	$91,434	$48,543	$204,751	$176,965	$19,250	$9	$8
Retained earnings (deficit)	−$69.8M	−$61.5M	−$50.9M	−$39.3M	−$27.2M	−$18.2M	−$7.5M	−$5.3M	−$2.7M
Accumulated other comprehensive income	$11,254	$181,148	$139,670	$218,705	$183,900	−$421,961	−$225,032	−$2,384	—
Minority interest	$161,439	$161,439	$161,439	$161,439	$161,439	—	—	—	—
Total shareholders' equity	$8.7M	$3.0M	$3.8M	$463,705	$5.0M	$1.9M	−$72,191	−$843,035	−$1.0M
Key figures
Total debt	$1.2M	$4.1M	$1.1M	$1.4M	$856,258	$344,219	$832,250	$2.8M	$2.6M
Net cash (debt)	$4.8M	−$1.3M	$2.1M	−$119,793	$2.6M	$1.1M	−$500,489	−$2.6M	−$967,498
Working capital	$6.5M	$501,455	$2.0M	−$1.6M	$3.4M	−$367,052	−$100,586	$1.0M	$916,899
Tangible book value	$7.3M	$1.6M	$808,713	−$1.0M	$3.6M	$639,431	−$1.3M	−$2.1M	−$2.3M
Book value per share	$2.80	—	—	—	$1.25	—	—	—	—
Shares outstanding	3.1M	—	—	—	4.0M	—	—	—	—
Current ratio	7.85	1.12	1.73	0.65	2.40	0.85	0.85	4.12	2.01
Quick ratio	7.38	1.01	1.64	0.58	2.18	0.68	0.64	4.00	1.91
Debt / equity	0.14	1.36	0.29	2.96	0.17	0.18	—	—	—
Equity / assets	77.7%	35.2%	47.6%	7.2%	58.1%	39.7%	−1.8%	−23.3%	−26.6%

T Stamp Inc. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$6.3M	$3.9M	$6.0M	$5.4M	$292,054	$1.1M	$2.8M	$598,031	$659,533	$816,692	$3.1M	$3.2M
Cash & equivalents	$6.3M	$3.9M	$6.0M	$5.4M	$292,054	$1.1M	$2.8M	$598,031	$659,533	$816,692	$3.1M	$3.2M
Receivables	$1.3M	$1.0M	$990,345	$1.4M	$870,628	$1.0M	$1.4M	$1.3M	$968,248	$1.2M	$543,108	$770,922
Inventory	$0	$0	$0	$0	$0	$0	$0	−$1.2M	$1	$0	$0	−$229,676
Other current assets	$543,571	$422,252	$443,905	$290,475	$295,481	$367,672	$443,636	$1.5M	$300,664	$327,805	$1.0M	$576,251
Total current assets	$8.1M	$5.3M	$7.5M	$7.1M	$1.5M	$2.5M	$4.7M	$2.2M	$1.9M	$2.4M	$4.7M	$4.3M
Property, plant & equipment (net)	$176,291	$140,920	$160,765	$1.8M	$1.9M	$1.8M	$1.7M	$238,459	$1.8M	$1.7M	$1.7M	$1.7M
Goodwill & intangible assets	$1.6M	$1.7M	$1.4M	$1.4M	$1.5M	$1.4M	$1.5M	$1.4M	$1.4M	$1.4M	$1.5M	$1.5M
Long-term investments	$609,261	$693,070	$444,631	$809,241	$844,212	$849,212	$719,212	$5.1M	$0	$0	$0	$0
Other non-current assets	$1.9M	$1.9M	$1.7M	$33,950	$31,501	$25,335	$17,794	$1.6M	$41,567	$86,559	$29,468	$22,508
Total assets	$12.5M	$9.7M	$11.2M	$11.2M	$5.7M	$6.6M	$8.6M	$10.6M	$5.2M	$5.6M	$7.9M	$7.5M
Liabilities
Accounts payable	$474,548	$352,594	$146,213	$130,353	$364,873	$252,311	$298,207	$1.1M	$1.1M	$1.1M	$1.2M	$686,786
Short-term debt	$47,178	$24,417	$56,883	$2.2M	$118,084	$61,324	$3.1M	$740,903	$123,431	$69,727	—	$270,713
Deferred revenue	$174,591	$168,642	$71,324	$333,300	$409,553	$338,634	$141,168	$95,750	$182,000	$268,250	—	$87,478
Total current liabilities	$1.3M	$1.0M	$952,468	$3.6M	$1.7M	$1.1M	$4.2M	$3.7M	$3.0M	$2.8M	$2.7M	$2.0M
Long-term debt	$6.1M	$1.1M	$1.1M	$1.1M	$1.1M	$1.0M	$951,727	$1.0M	$953,799	$946,395	$953,877	$903,832
Lease obligations	$95,450	$40,106	$75,115	$111,009	$146,365	$89,800	$122,918	$165,922	$196,951	$154,015	$135,007	$140,368
Other long-term liabilities	$298,784	$266,357	$269,697	$277,210	$279,156	$278,956	$293,408	$321,249	$325,188	$338,364	$310,307	$289,881
Total liabilities	$7.7M	$2.4M	$2.4M	$5.0M	$3.1M	$2.4M	$5.4M	$5.0M	$4.3M	$4.1M	$4.0M	$3.2M
Shareholders' equity
Common stock & paid-in capital	$56,393	$52,850	$52,456	$39,604	$24,953	$24,871	$20,234	$188,198	$113,841	$100,997	—	$82,445
Retained earnings (deficit)	−$74.7M	−$72.0M	−$69.8M	−$67.2M	−$65.3M	−$63.6M	−$61.5M	−$55.4M	−$56.1M	−$53.5M	−$50.9M	−$44.1M
Accumulated other comprehensive income	$64,686	$35,310	$11,254	$4,099	$5,364	$138,879	$181,148	$86,436	$175,059	$171,361	—	$206,410
Minority interest	$161,439	$161,439	$161,439	$161,439	$161,439	—	—	—	—	—	—	—
Total shareholders' equity	$4.6M	$7.2M	$8.7M	$6.1M	$2.4M	$4.1M	$3.0M	$5.4M	$750,398	$1.4M	$3.8M	$4.1M
Key figures
Total debt	$1.2M	$1.2M	$1.2M	$3.3M	$1.3M	$1.1M	$4.1M	$1.8M	$1.2M	$1.1M	$953,877	$1.2M
Net cash (debt)	$5.1M	$2.7M	$4.8M	$2.0M	−$960,122	$42,217	−$1.3M	−$1.2M	−$491,217	−$283,718	$2.2M	$2.0M
Working capital	$6.9M	$4.3M	$6.5M	$3.5M	−$208,423	$1.4M	$501,455	−$1.5M	−$1.1M	−$411,646	$2.0M	$2.3M
Tangible book value	$3.0M	$5.5M	$7.3M	$4.6M	$995,729	$2.6M	$1.6M	$4.0M	−$690,885	−$62,756	$2.3M	$2.6M
Book value per share	$0.83	$1.36	$2.80	$2.28	$0.98	—	—	$4.58	—	—	—	—
Shares outstanding	5.6M	5.3M	3.1M	2.7M	2.5M	—	—	1.2M	—	—	—	—
Current ratio	6.48	5.28	7.85	1.98	0.87	2.32	1.12	0.60	0.64	0.85	1.73	2.10
Quick ratio	6.04	4.86	7.38	1.90	0.70	1.98	1.01	0.53	0.54	0.73	1.36	1.93
Debt / equity	0.26	0.16	0.14	0.55	0.51	0.27	1.36	0.34	1.53	0.80	0.25	0.30
Equity / assets	37.2%	73.7%	77.7%	54.2%	43.2%	61.6%	35.2%	51.2%	14.4%	24.6%	47.6%	54.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.

IDAI financial position

At the end of fiscal 2025 (December 31, 2025), T Stamp had total assets of $11.2 million (up 30.7% from a year earlier), total liabilities of $2.4 million and shareholders' equity of $8.7 million. It held $6.0 million in cash and short-term investments against $1.2 million of debt, a net cash position of $4.8 million. Its current ratio was 7.85. In the latest quarter (ended June 30, 2026) total assets were $12.5 million and equity $4.6 million.

Related: IDAI income statement, IDAI cash flow statement, IDAI key metrics. See the IDAI stock overview for the latest quote and news.

IDAI balance sheet FAQ

What are T Stamp's total assets?

T Stamp reported total assets of $11.2 million at the end of fiscal 2025 (December 31, 2025), compared with $8.6 million a year earlier.

How much debt does T Stamp have?

T Stamp had $1.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.14.

How much cash does T Stamp have?

T Stamp held $6.0 million in cash and short-term investments at the end of fiscal 2025; with $1.2 million of debt that is net cash of $4.8 million.

What is T Stamp's book value?

T Stamp's shareholders' equity (book value) was $8.7 million at the end of fiscal 2025, or $2.80 per share.

What is T Stamp's current ratio?

T Stamp had current assets of $7.5 million and current liabilities of $1.0 million, a current ratio of 7.85 (it can cover its short-term obligations).

How much goodwill does T Stamp have?

T Stamp carried $1.4 million of goodwill and intangible assets, 12.7% of total assets, at the end of fiscal 2025.