TaoWeave, Inc.
Business
TaoWeave, Inc. is a digital asset treasury company that accumulates and stakes TAO tokens, the native cryptocurrency of the Bittensor decentralized AI protocol, to generate staking yield and provide public-market investors with economic exposure to the Bittensor ecosystem. The company holds TAO tokens staked across validators on the Bittensor network, earning proportional rewards net of validator commissions. TaoWeave also operates legacy businesses providing Mezzanine™ visual collaboration products and managed services for video conferencing and network solutions, which it is transitioning away from following a strategic shift toward the Bittensor ecosystem.
Summary from 10-K filed 2026-03-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 4 | 5 | 8 | |
| Cost of revenue | 1 | 2 | 3 | 4 | 5 | |
| Gross profit | 1 | 331,000 | 911,000 | 2 | 3 | |
| Research and development | 10,000 | 155,000 | 20,000 | 2 | 3 | |
| Sales and marketing | 21,000 | 181,000 | 309,000 | 1 | 2 | |
| General and administrative | 4 | 4 | 5 | 5 | 6 | |
| Total operating expenses | 4 | 5 | 5 | — | — | |
| Loss from operations | −3 | −4 | −4 | −22 | −12 | |
| Interest income, net | 128,000 | 169,000 | — | — | — | |
| Unrealized Loss on Fair Value Remeasurement, fair value | −4 | 0 | — | — | — | |
| Total interest and other (expense) income, net | −3 | 169,000 | −138,000 | −40,000 | −3 | |
| Loss before income taxes | −6 | −4 | −4 | −22 | −9 | |
| Income tax expense | 2,000 | 10,000 | 27,000 | −7,000 | −90,000 | |
| Net loss | −6 | −4 | −4 | −22 | −9 | |
| Preferred stock dividends | 32,000 | 89,000 | 343,000 | 0 | 1,000 | |
| Warrants, deemed dividend | 0 | 9 | 0 | — | — | |
| Net loss attributable to common stockholders | −6 | −13 | −6 | −22 | −10 | |
| Basic and diluted net loss per share (in dollars per share) | −2.76 | −15.71 | −18.81 | −10.62 | −5.48 | |
| Basic and diluted (in shares) | 2 | 834,000 | 293,000 | 2 | 2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 5 | 6 | — | — | |
| Digital assets | 5 | 0 | — | — | — | |
| Accounts receivable, net | 138,000 | 186,000 | 424,000 | 415,000 | 849,000 | |
| Prepaid expenses and other current assets | 424,000 | 118,000 | 243,000 | 649,000 | 1 | |
| Total current assets | 8 | 5 | 7 | 5 | 13 | |
| Other assets | 4,000 | 6,000 | 12,000 | 40,000 | 109,000 | |
| Total assets | 8 | 5 | 7 | 6 | 29 | |
| Accounts payable | 112,000 | 105,000 | 211,000 | 184,000 | 259,000 | |
| Accrued expenses and other current liabilities | 1 | 1 | 1 | — | — | |
| Current portion deferred revenue | 13,000 | 36,000 | 132,000 | 436,000 | 783,000 | |
| Total current liabilities | 1 | 1 | 1 | 2 | 2 | |
| Total liabilities | 1 | 1 | 1 | 2 | 3 | |
| Commitments and contingencies (see Note 10) | — | — | — | — | — | |
| Preferred stock Series F, convertible; $.0001 par value; $172,490 stated value; 42,000 shares authorized, 150 and 545 shares issued and outstanding on December 31, 2025, and December 31, 2024, respectively | 0 | 0 | 0 | — | — | |
| Common stock, $.0001 par value; 150,000,000 shares authorized; 3,327,399 shares issued and 3,327,210 shares outstanding on December 31, 2025, respectively, and 1,144,926 shares issued and 1,144,737 outstanding on December 31, 2024, respectively | 0 | 0 | 0 | 0 | 0 | |
| Treasury stock, 189 common shares on December 31, 2025, and 2024 | −181,000 | −181,000 | −181,000 | −181,000 | — | |
| Additional paid-in capital | 246 | 236 | 234 | — | — | |
| Accumulated deficit | −239 | −232 | −228 | −224 | −202 | |
| Total stockholders equity | 7 | 4 | 6 | 4 | 25 | |
| Total liabilities and stockholders equity | 8 | 5 | 7 | 6 | 29 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Bad debt (recovery) expense | −18,000 | 2,000 | −52,000 | 118,000 | 321,000 | |
| Non-cash lease expense from right-of-use assets | 0 | 17,000 | 125,000 | 349,000 | 495,000 | |
| Stock-based compensation | 169,000 | 62,000 | 504,000 | 146,000 | 597,000 | |
| Non-cash revenue from digital assets | −186,000 | 0 | — | — | — | |
| Non-cash expenses from digital assets | 8,000 | 0 | — | — | — | |
| Accounts receivable | 66,000 | 236,000 | 43,000 | 316,000 | 2 | |
| Prepaid expenses and other current assets | −140,000 | 125,000 | 406,000 | 432,000 | −901,000 | |
| Inventory | 0 | 239,000 | 484,000 | 615,000 | −390,000 | |
| Other assets | 2,000 | 6,000 | 28,000 | 69,000 | −3,000 | |
| Accounts payable | 7,000 | −107,000 | 27,000 | −75,000 | −54,000 | |
| Accrued expenses and other current liabilities | −64,000 | 195,000 | −170,000 | 115,000 | −19,000 | |
| Deferred revenue | −23,000 | −121,000 | −392,000 | −614,000 | −559,000 | |
| Lease liabilities | 0 | −17,000 | −219,000 | −503,000 | −920,000 | |
| Net cash used in operating activities | −3 | −3 | −3 | −6 | −8 | |
| Purchases of digital assets | −9 | 0 | — | — | — | |
| Net cash used in investing activities | −9 | 0 | 0 | 19,000 | −49,000 | |
| Proceeds from private placement, net of issuance costs | 7 | 0 | 5 | 0 | — | |
| Net cash provided by financing activities | 9 | 2 | 6 | 0 | 12 | |
| Net decrease in cash and cash equivalents | −3 | −1 | 3 | −6 | 4 | |
| Common warrant issuance | 335,000 | 0 | — | — | — | |
| Series F Preferred Stock conversion | 39,000 | 191,000 | 209,000 | 0 | 2,000 | |
| Dividends, Preferred Stock | 32,000 | 89,000 | 343,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is TaoWeave, Inc.'s CIK number?
TaoWeave, Inc.'s SEC CIK number is 0000746210 (746210). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find TaoWeave, Inc.'s SEC filings?
All of TaoWeave, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did TaoWeave, Inc. last report earnings?
TaoWeave, Inc. (TWAV) most recently filed an earnings 8-K with the SEC on May 18, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-017605). This is TaoWeave, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is TaoWeave, Inc.'s most recent earnings 8-K?
TaoWeave, Inc.'s latest earnings 8-K (Item 2.02) was filed May 18, 2026 under accession 0001437749-26-017605. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View TaoWeave, Inc.'s latest earnings 8-K →
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