2024 Q4 Form 10-Q Financial Statement

#000171893924000202 Filed on November 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $511.1K
YoY Change -83.33%
Cost Of Revenue $254.9K
YoY Change 6.2%
Gross Profit $256.2K
YoY Change -90.95%
Gross Profit Margin 50.13%
Selling, General & Admin $2.182M
YoY Change 6.25%
% of Gross Profit 851.68%
Research & Development $569.5K
YoY Change -5.9%
% of Gross Profit 222.3%
Depreciation & Amortization $8.000K
YoY Change -20.0%
% of Gross Profit 3.12%
Operating Expenses $3.188M
YoY Change 3.24%
Operating Profit -$2.677M
YoY Change 12131.29%
Interest Expense -$114.3K
YoY Change 1043.2%
% of Operating Profit
Other Income/Expense, Net $3.360M
YoY Change -25406.67%
Pretax Income $683.5K
YoY Change -2043.92%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings -$1.256M
YoY Change 3471.8%
Net Earnings / Revenue -245.74%
Basic Earnings Per Share -$0.07
Diluted Earnings Per Share -$0.07
COMMON SHARES
Basic Shares Outstanding 23.15M shares 16.78M shares
Diluted Shares Outstanding 17.72M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $598.0K
YoY Change -81.19%
Cash & Equivalents $598.0K
Short-Term Investments
Other Short-Term Assets $281.4K
YoY Change -19.59%
Inventory
Prepaid Expenses $254.0K
Receivables $375.7K
Other Receivables $23.78K
Total Short-Term Assets $2.211M
YoY Change -48.57%
LONG-TERM ASSETS
Property, Plant & Equipment $39.83K
YoY Change -34.23%
Goodwill $1.249M
YoY Change 0.0%
Intangibles $193.3K
YoY Change -9.96%
Long-Term Investments $5.100M
YoY Change
Other Assets $35.38K
YoY Change 57.17%
Total Long-Term Assets $8.348M
YoY Change 163.11%
TOTAL ASSETS
Total Short-Term Assets $2.211M
Total Long-Term Assets $8.348M
Total Assets $10.56M
YoY Change 41.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.107M
YoY Change 61.23%
Accrued Expenses $1.670M
YoY Change 93.9%
Deferred Revenue $95.75K
YoY Change 9.46%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $645.5K
YoY Change 303.46%
Total Short-Term Liabilities $3.662M
YoY Change 78.68%
LONG-TERM LIABILITIES
Long-Term Debt $1.007M
YoY Change 11.44%
Other Long-Term Liabilities $321.3K
YoY Change 10.78%
Total Long-Term Liabilities $1.007M
YoY Change 11.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.662M
Total Long-Term Liabilities $1.007M
Total Liabilities $4.991M
YoY Change 53.88%
SHAREHOLDERS EQUITY
Retained Earnings -$55.45M
YoY Change 25.88%
Common Stock $188.2K
YoY Change 128.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.407M
YoY Change
Total Liabilities & Shareholders Equity $10.56M
YoY Change 41.31%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.256M
YoY Change 3471.8%
Depreciation, Depletion And Amortization $8.000K
YoY Change -20.0%
Cash From Operating Activities -$2.426M
YoY Change 5.49%
INVESTING ACTIVITIES
Capital Expenditures $223.6K
YoY Change 31.54%
Acquisitions
YoY Change
Other Investing Activities -$100.0K
YoY Change
Cash From Investing Activities -$323.6K
YoY Change 102.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.741M
YoY Change 349.41%
NET CHANGE
Cash From Operating Activities -2.426M
Cash From Investing Activities -323.6K
Cash From Financing Activities 2.741M
Net Change In Cash -8.420K
YoY Change -99.54%
FREE CASH FLOW
Cash From Operating Activities -$2.426M
Capital Expenditures $223.6K
Free Cash Flow -$2.650M
YoY Change 7.28%

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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2024Q3 idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
683524 usd
CY2023Q3 idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
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idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
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CY2024Q3 idai Dividend Income Deemed Dividends
DividendIncomeDeemedDividends
1939439 usd
CY2023Q3 idai Dividend Income Deemed Dividends
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idai Dividend Income Deemed Dividends
DividendIncomeDeemedDividends
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idai Dividend Income Deemed Dividends
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CY2024Q3 us-gaap Profit Loss
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CY2023Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2024Q3 us-gaap Net Income Loss
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CY2023Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Basic
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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17717247 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q3 us-gaap Profit Loss
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CY2023Q3 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
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CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q3 idai Exercise Of Warrants To Common Stock
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CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q3 idai Exercise Of Prefunded Warrants To Common Stock
ExerciseOfPrefundedWarrantsToCommonStock
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CY2024Q3 idai Exercise Of Warrants To Common Stock
ExerciseOfWarrantsToCommonStock
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CY2024Q3 idai Adjustments To Additional Paid In Capital Termination Of Warrants
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CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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CY2024Q3 us-gaap Stock Issued During Period Value New Issues
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CY2024Q3 idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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idai Exercise Of Warrants To Common Stock
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idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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idai Exercise Of Prefunded Warrants To Common Stock
ExerciseOfPrefundedWarrantsToCommonStock
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idai Exercise Of Warrants To Common Stock
ExerciseOfWarrantsToCommonStock
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idai Adjustments To Additional Paid In Capital Termination Of Warrants
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us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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us-gaap Stock Issued During Period Value New Issues
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5568741 usd
idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Fair Value Adjustment Of Warrants
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us-gaap Fair Value Adjustment Of Warrants
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idai Repayment Of Shareholders Loan Through In Kind Services
RepaymentOfShareholdersLoanThroughInKindServices
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idai Repayment Of Shareholders Loan Through In Kind Services
RepaymentOfShareholdersLoanThroughInKindServices
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
23595 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
16819 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
216189 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
133146 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
28958 usd
idai Non Cash Lease Expense
NonCashLeaseExpense
109700 usd
idai Non Cash Lease Expense
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151001 usd
idai Non Cash Write Off
NonCashWriteOff
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idai Non Cash Write Off
NonCashWriteOff
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us-gaap Gain Loss On Disposition Of Intangible Assets
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us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
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idai Loss On Inducement Agreements
LossOnInducementAgreements
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idai Loss On Inducement Agreements
LossOnInducementAgreements
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idai Gain Loss On Termination Of Warrant Agreement
GainLossOnTerminationOfWarrantAgreement
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idai Gain Loss On Termination Of Warrant Agreement
GainLossOnTerminationOfWarrantAgreement
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us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
5000000 usd
us-gaap Unrealized Gain Loss On Investments
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0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
387143 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5907 usd
us-gaap Increase Decrease In Other Operating Assets
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20442 usd
us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
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us-gaap Increase Decrease In Accrued Liabilities
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526370 usd
us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Due To Related Parties Current
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us-gaap Increase Decrease In Due To Related Parties Current
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
84950 usd
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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idai Increase Decrease In Investments
IncreaseDecreaseInInvestments
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idai Increase Decrease In Investments
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us-gaap Payments For Software
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idai Payments For Patent Application Costs
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us-gaap Payments To Acquire Property Plant And Equipment
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idai Payments From Termination Of Warrants
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idai Proceeds From Exercise Of Warrants To Common Stock
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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idai Non Cash Activity Of Operating Lease Liabilities Related To Terminated Leases
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idai Non Cash Activity Of Prepaid Rent Expense Reclassified Upon Termination Of Leases
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CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
idai Net Income Loss Including Portion Attributable To Noncontrolling Interest Excluding Dividend Adjustments
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestExcludingDividendAdjustments
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CY2024Q3 idai Working Capital In Business
WorkingCapitalInBusiness
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CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Major Customers and Concentration of Risks —</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of Cash and cash equivalents, and Accounts receivable. We maintain our Cash and cash equivalents with high-quality financial institutions, mainly in the United States; the composition of which are regularly monitored by us. The Federal Deposit Insurance Corporation covers </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$250,000</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for substantially all depository accounts. The Company from time to time may have amounts on deposit in excess of the insured limits. As of September 30, 2024 the Company had </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$30,342 of </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">deposits in excess of insured limits, meanwhile as at December 31, 2023, the Company had $2,620,765 in U.S. bank accounts which exceeded insured limits. Management believes minimal credit risk exists with respect to these financial institutions and the Company has not experienced any losses on such amounts.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For Accounts receivable, we are exposed to credit risk in the event of nonpayment by customers to the extent the amounts are recorded in the consolidated balance sheets. We extend different levels of credit and maintain reserves for potential credit losses based upon the expected collectability of Accounts receivable. We manage credit risk related to our customers by performing periodic evaluations of credit worthiness and applying other credit risk monitoring procedures.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Three customers represented </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">86.87%</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> or 65.12%, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">17.12%, and 4.63%</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> of the balance of total Accounts receivable as of September 30, 2024 and three customers represented 91.11% or 53.55%, 30.43%, and 7.13% of the balance of total Accounts receivable as of December 31, 2023. The Company seeks to mitigate its credit risk with respect to Accounts receivable by contracting with large commercial customers and government agencies, and regularly monitoring the aging of Accounts receivable balances. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2024 and December 31, 2023</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Company had not experienced any significant losses on its Accounts receivable.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended September 30, 2024, the Company sold to primarily three customers which made up approximately 93.24% of total Net revenue, and consisted of 66.34%, 17.60%, and 9.30% from an S&amp;P 500 Bank, Mastercard, and Triton, respectively.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, during the three months ended September 30, 2023, the Company sold to primarily three customers which made up approximately 95.85% of total Net revenue, and consisted of 81.87%, 7.91%, and 6.07% from IGS, Mastercard, and an S&amp;P 500 Bank, respectively.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the nine months ended September 30, 2024, the Company sold to primarily three customers which made up approximately 94.68% of total Net revenue, and consisted of 63.66%, 21.07%, and 9.95% from an S&amp;P 500 Bank, Mastercard, and Triton, respectively.</span></div><div style="margin-top:12pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, during the nine months ended September 30, 2023, the Company sold to primarily three customers which made up approximately 90.53% of total Net revenue, and consisted of 62.98%, 14.95%, and 12.60% from IGS, an S&amp;P 500 Bank, and Mastercard, respectively.</span></div>
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us-gaap Capitalized Computer Software Amortization1
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us-gaap Capitalized Computer Software Amortization1
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CY2024Q3 idai Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Intrinsic Value1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableIntrinsicValue1
0 usd
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.29
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.25
CY2024Q3 idai Share Based Compensation Arrangement Weighted Average Grant Date Fair Value Of Options Granted Amount
ShareBasedCompensationArrangementWeightedAverageGrantDateFairValueOfOptionsGrantedAmount
4000 usd
CY2023Q3 idai Share Based Compensation Arrangement Weighted Average Grant Date Fair Value Of Options Granted Amount
ShareBasedCompensationArrangementWeightedAverageGrantDateFairValueOfOptionsGrantedAmount
10000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
351593 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
148040 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
956603 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
305350 usd
CY2024Q3 idai Minimum Lease Commitments
MinimumLeaseCommitments
0 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y10M17D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
idai Number Of Leases Terminated
NumberOfLeasesTerminated
1 lease
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
198634 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
164740 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
95367 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
81236 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
70555 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53771 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
165922 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
135007 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid Net Of Undiscounted Excess Amount Year One
LesseeOperatingLeaseLiabilityToBePaidNetOfUndiscountedExcessAmountYearOne
36976 usd
CY2024Q3 idai Lessee Operating Lease Liability Undiscounted Excess Amount Year One
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearOne
1921 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
38897 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid Net Of Undiscounted Excess Amount Year Two
LesseeOperatingLeaseLiabilityToBePaidNetOfUndiscountedExcessAmountYearTwo
88889 usd
CY2024Q3 idai Lessee Operating Lease Liability Undiscounted Excess Amount Year Two
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearTwo
3696 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
92585 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid Net Of Undiscounted Excess Amount Year Three
LesseeOperatingLeaseLiabilityToBePaidNetOfUndiscountedExcessAmountYearThree
22735 usd
CY2024Q3 idai Lessee Operating Lease Liability Undiscounted Excess Amount Year Three
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearThree
1170 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
23905 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid Net Of Undiscounted Excess Amount Year Four
LesseeOperatingLeaseLiabilityToBePaidNetOfUndiscountedExcessAmountYearFour
8831 usd
CY2024Q3 idai Lessee Operating Lease Liability Undiscounted Excess Amount Year Four
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountYearFour
626 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9457 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid Net Of Undiscounted Excess Amount After Year Four
LesseeOperatingLeaseLiabilityToBePaidNetOfUndiscountedExcessAmountAfterYearFour
8491 usd
CY2024Q3 idai Lessee Operating Lease Liability Undiscounted Excess Amount After Year Four
LesseeOperatingLeaseLiabilityUndiscountedExcessAmountAfterYearFour
178 usd
CY2024Q3 idai Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
8669 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
165922 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7591 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
173513 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
39368 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
40060 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
117221 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
169496 usd
CY2024Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10710 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10846 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
34929 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
48399 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
50078 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
50906 usd
us-gaap Lease Cost
LeaseCost
152150 usd
us-gaap Lease Cost
LeaseCost
217895 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
111277 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
145483 usd
CY2024Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
0 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
162000 usd
CY2023Q1 idai Financial Liability Obligation Termination Notice Term
FinancialLiabilityObligationTerminationNoticeTerm
P30D

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