TaoWeave, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.4M | $2.4M | $3.8M | $5.5M | $7.7M |
| Gross profit | $1.0M | $331,000 | $911,000 | $1.5M | $2.7M |
| Research and development | $10,000 | $155,000 | $20,000 | $1.7M | $2.9M |
| Operating expenses | $4.0M | $4.5M | $5.4M | — | — |
| Operating income | -$3.0M | -$4.2M | -$4.5M | -$22.0M | -$11.8M |
| Pretax income | -$6.4M | -$4.0M | -$4.4M | -$21.9M | -$9.1M |
| Income tax expense | $2,000 | $10,000 | $27,000 | -$7,000 | -$90,000 |
| Net income | -$6.4M | -$4.0M | -$4.4M | -$21.9M | -$9.1M |
| Balance Sheet | |||||
| Cash and equivalents | $2.3M | $5.0M | $6.0M | — | — |
| Current assets | $8.2M | $5.3M | $6.9M | $4.9M | $12.8M |
| Total assets | $8.2M | $5.3M | $6.9M | $5.7M | $28.6M |
| Current liabilities | $1.2M | $1.3M | $1.4M | $1.9M | $2.5M |
| Total liabilities | $1.2M | $1.3M | $1.4M | $2.0M | $3.1M |
| Stockholders' equity | $7.0M | $4.0M | $5.5M | $3.6M | $25.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.0M | -$3.4M | -$3.0M | -$5.9M | -$7.7M |
| Depreciation and amortization | — | $0 | $345,000 | $1.9M | $2.7M |
| Stock-based compensation | $169,000 | $62,000 | $504,000 | $146,000 | $597,000 |
| Capital expenditure | — | — | $0 | $11,000 | $50,000 |
| Free cash flow | — | — | -$3.0M | -$5.9M | -$7.8M |
| Impairments | — | $0 | $262,000 | $12.7M | $305,000 |
Shares outstanding 3.5M · Free float 62.3%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.