Company / R&D Expense
T Stamp Inc R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$2.1M
FY2025
5-year range
$2.1M / $2.7M
FY2021-FY2025
Trend
-9.0%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has declined for 4 consecutive years, from $3M in FY2021 to $2M in FY2025.
Based on SEC 10-K filings.
$2M in FY2025 with a 3-year CAGR of -5.4%.
Declined from $2M to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -5.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- T Stamp Inc's r&d expense has declined for 4 consecutive years.
- 3-year CAGR of -5.4%, indicating a declining trend.
- In FY2025, r&d expense decreased 9.0% year-over-year.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.44 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.1M | -9.0% |
| FY2024 | $2.4M | -5.0% |
| FY2023 | $2.5M | -2.2% |
| FY2022 | $2.5M | -7.8% |
| FY2021 | $2.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026