NASDAQ : TWAV
TaoWeave, Inc. — Financial statements
Other · United States
Last price 1.45 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.62M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
TaoWeave, Inc. (TWAV) reported revenue of 2.45M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.45M | 2.44M | 2.38M | 3.81M | 5.48M | 7.74M |
| Cost of Revenue | 1.17M | 1.42M | 2.05M | 2.90M | 3.93M | 5.02M |
| Gross Profit | 1.28M | 1.01M | 331.00K | 911.00K | 1.55M | 2.72M |
| Selling, General & Admin | 4.26M | 3.97M | 4.38M | 5.18M | 6.71M | 8.56M |
| Research & Development | 4.00K | 10.00K | 155.00K | 20.00K | 1.70M | 2.91M |
| Operating Expenses | 4.27M | 3.98M | 4.53M | 5.54M | 10.31M | 14.21M |
| Operating Income | -2.99M | -2.96M | -4.20M | -4.63M | -8.77M | -11.49M |
| Interest Expense | -28.00K | -19.00K | -22.00K | |||
| Interest & Investment Income | 74.00K | 128.00K | 169.00K | 166.00K | 59.00K | 227.00K |
| Other Non Operating Income (Expenses) | -3.76M | -3.52M | -533.00K | |||
| EBT Excluding Unusual Items | -6.67M | -6.35M | -4.03M | -4.50M | -9.26M | -11.28M |
| Impairment of Goodwill | -7.37M | |||||
| Asset Writedown | -262.00K | -5.37M | -305.00K | |||
| Other Unusual Items | 2.45M | |||||
| Pretax Income | -6.67M | -6.35M | -4.03M | -4.36M | -21.95M | -9.14M |
| Income Tax Expense | -4.00K | 2.00K | 10.00K | 27.00K | -7.00K | -90.00K |
| Net Income | -6.67M | -6.36M | -4.04M | -4.38M | -21.94M | -9.05M |
| Preferred Dividends & Other Adjustments | 15.00K | 32.00K | 9.06M | 1.12M | 704.00K | |
| Net Income to Common | -6.69M | -6.39M | -13.11M | -5.50M | -21.94M | -9.76M |
| Shares Outstanding (Basic) | 3.52M | 2.32M | 834.21K | 293.00K | 51.62K | 44.48K |
| Shares Outstanding (Diluted) | 3.52M | 2.32M | 834.21K | 293.00K | 51.62K | 44.48K |
| EPS (Basic) | -1.90 | -2.76 | -15.71 | -18.78 | -425.01 | -219.34 |
| EPS (Diluted) | -1.90 | -2.76 | -15.71 | -18.78 | -425.01 | -219.34 |
| Free Cash Flow | -3.49M | -3.02M | -3.41M | -2.99M | -5.95M | -7.78M |
| Free Cash Flow Per Share | -0.99 | -1.30 | -4.08 | -10.21 | -115.16 | -174.97 |
| Gross Margin | 52.24% | 41.61% | 13.92% | 23.91% | 28.23% | 35.12% |
| Operating Margin | -121.86% | -121.54% | -176.70% | -121.60% | -160.06% | -148.46% |
| Profit Margin | -272.68% | -262.08% | -551.13% | -144.44% | -400.68% | -126.05% |
| Free Cash Flow Margin | -142.21% | -123.72% | -143.23% | -78.56% | -108.56% | -100.56% |
| EBITDA | -3.86M | -4.29M | -6.86M | -8.75M | ||
| EBITDA Margin | -162.19% | -112.55% | -125.31% | -113.10% | ||
| D&A For EBITDA | 345.00K | 345.00K | 1.90M | 2.74M | ||
| EBIT | -2.99M | -2.96M | -4.20M | -4.63M | -8.77M | -11.49M |
| EBIT Margin | -121.86% | -121.54% | -176.70% | -121.60% | -160.06% | -148.46% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 735.00K | 2.26M | 4.96M | 5.99M | 3.08M | 8.94M |
| Cash & Short-Term Investments | 735.00K | 2.26M | 4.96M | 5.99M | 3.08M | 8.94M |
| Accounts Receivable | 5.00K | 138.00K | 186.00K | 424.00K | 415.00K | 849.00K |
| Other Receivables | 316.00K | 316.00K | ||||
| Receivables | 5.00K | 138.00K | 186.00K | 424.00K | 731.00K | 1.17M |
| Inventory | 239.00K | 723.00K | 1.82M | |||
| Prepaid Expenses | 245.00K | 325.00K | 71.00K | 243.00K | 131.00K | 340.00K |
| Restricted Cash | 61.00K | |||||
| Other Current Assets | 4.73M | 5.49M | 47.00K | 202.00K | 425.00K | |
| Total Current Assets | 5.72M | 8.21M | 5.27M | 6.90M | 4.87M | 12.75M |
| Property, Plant & Equipment | 17.00K | 145.00K | 818.00K | |||
| Goodwill | 7.37M | |||||
| Other Intangible Assets | 58.00K | 604.00K | 7.56M | |||
| Other Long-Term Assets | 2.00K | 4.00K | 6.00K | 12.00K | 40.00K | 109.00K |
| Total Assets | 6.78M | 8.22M | 5.28M | 6.92M | 5.66M | 28.61M |
| Accounts Payable | 106.00K | 112.00K | 105.00K | 211.00K | 184.00K | 259.00K |
| Accrued Expenses | 897.00K | 577.00K | 824.00K | 762.00K | 887.00K | 722.00K |
| Current Portion of Leases | 17.00K | 219.00K | 492.00K | |||
| Current Income Taxes Payable | 249.00K | 367.00K | 201.00K | 22.00K | 59.00K | 92.00K |
| Current Unearned Revenue | 2.00K | 13.00K | 36.00K | 132.00K | 436.00K | 783.00K |
| Other Current Liabilities | 30.00K | 117.00K | 106.00K | 254.00K | 128.00K | 145.00K |
| Total Current Liabilities | 1.28M | 1.19M | 1.27M | 1.40M | 1.91M | 2.49M |
| Long-Term Leases | 17.00K | 236.00K | ||||
| Long-Term Unearned Revenue | 26.00K | 114.00K | 381.00K | |||
| Total Liabilities | 1.28M | 1.19M | 1.27M | 1.42M | 2.04M | 3.11M |
| Additional Paid-In Capital | 245.90M | 245.84M | 236.46M | 233.91M | 227.65M | 227.58M |
| Retained Earnings | -240.22M | -238.63M | -232.27M | -228.23M | -223.85M | -201.91M |
| Treasury Stock | -181.00K | -181.00K | -181.00K | -181.00K | -181.00K | -181.00K |
| Total Common Equity | 5.49M | 7.03M | 4.00M | 5.50M | 3.62M | 25.50M |
| Shareholders' Equity | 5.49M | 7.03M | 4.00M | 5.50M | 3.62M | 25.50M |
| Total Liabilities & Equity | 6.78M | 8.22M | 5.28M | 6.92M | 5.66M | 28.61M |
| Total Debt | 17.00K | 236.00K | 728.00K | |||
| Net Cash (Debt) | 735.00K | 2.26M | 4.96M | 5.97M | 2.85M | 8.21M |
| Net Cash Per Share | 0.21 | 0.97 | 5.95 | 20.39 | 55.19 | 184.62 |
| Filing Date Shares Outstanding | 3.88M | 3.33M | 1.15M | 417.11K | 51.58K | 51.36K |
| Total Common Shares Outstanding | 3.57M | 3.33M | 1.14M | 417.11K | 51.58K | 51.36K |
| Working Capital | 4.43M | 7.03M | 4.00M | 5.50M | 2.96M | 10.26M |
| Book Value Per Share | 1.54 | 2.11 | 3.50 | 13.19 | 70.12 | 496.44 |
| Tangible Book Value | 5.43M | 7.03M | 4.00M | 5.50M | 3.01M | 10.57M |
| Tangible Book Value Per Share | 1.52 | 2.11 | 3.50 | 13.19 | 58.41 | 205.76 |
| Machinery | 2.21M | 9.83M | ||||
| Leasehold Improvements | 690.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.67M | -6.36M | -4.04M | -4.38M | -21.94M | -9.05M |
| Depreciation & Amortization | 2.00K | 345.00K | 1.90M | 3.23M | ||
| Loss (Gain) From Sale of Assets | 3.00K | -2.00K | ||||
| Asset Writedown & Restructuring Costs | 259.00K | 12.74M | 305.00K | |||
| Stock-Based Compensation | 335.00K | 169.00K | 62.00K | 504.00K | 61.00K | 987.00K |
| Provision & Write-off of Bad Debts | -18.00K | 2.00K | -52.00K | 118.00K | 321.00K | |
| Other Operating Activities | 3.39M | 3.34M | 17.00K | 125.00K | 832.00K | -2.67M |
| Change in Accounts Receivable | 9.00K | 66.00K | 236.00K | 43.00K | 316.00K | 2.00M |
| Change in Inventory | 239.00K | 484.00K | 615.00K | -390.00K | ||
| Change in Accounts Payable | -16.00K | 7.00K | -107.00K | 27.00K | -75.00K | -54.00K |
| Change in Unearned Revenue | -29.00K | -23.00K | -121.00K | -392.00K | -614.00K | -559.00K |
| Change in Other Net Operating Assets | -511.00K | -202.00K | 309.00K | 45.00K | 113.00K | -1.84M |
| Operating Cash Flow | -3.49M | -3.02M | -3.41M | -2.99M | -5.93M | -7.73M |
| Capital Expenditures | -11.00K | -50.00K | ||||
| Sale of Property, Plant & Equipment | 30.00K | 1.00K | ||||
| Other Investing Activities | -6.42M | -8.74M | ||||
| Investing Cash Flow | -7.42M | -8.74M | 19.00K | -49.00K | ||
| Issuance of Common Stock | 330.00K | 8.53M | 903.00K | 534.00K | 11.50M | |
| Financing Cash Flow | 846.00K | 9.04M | 2.38M | 5.90M | 11.50M | |
| Net Cash Flow | -10.06M | -2.71M | -1.02M | 2.90M | -5.92M | 3.72M |
| Free Cash Flow | -3.49M | -3.02M | -3.41M | -2.99M | -5.95M | -7.78M |
| Free Cash Flow Margin | -142.21% | -123.72% | -143.23% | -78.56% | -108.56% | -100.56% |
| Free Cash Flow Per Share | -0.99 | -1.30 | -4.08 | -10.21 | -115.16 | -174.97 |
| Levered Free Cash Flow | -4.78M | -7.42M | -2.07M | -1.50M | -1.73M | -2.63M |
| Unlevered Free Cash Flow | -4.78M | -7.42M | -2.07M | -1.48M | -1.72M | -2.62M |
| Cash Interest Paid | 20.00K | 7.00K | 9.00K | |||
| Cash Income Tax Paid | 31.00K | |||||
| Change in Working Capital | -547.00K | -152.00K | 556.00K | 207.00K | 355.00K | -850.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.08M | 5.81M | 4.44M | 3.30M | 3.62M | 31.74M |
| Enterprise Value | 4.34M | 2.07M | -1.18M | -3.42M | -170.04K | 21.66M |
| Last Close Price | 1.31 | 1.81 | 3.88 | 7.92 | 70.56 | 618.00 |
| PS Ratio | 2.07 | 2.38 | 1.87 | 0.87 | 0.66 | 4.10 |
| PB Ratio | 0.85 | 0.82 | 1.11 | 0.60 | 1.00 | 1.25 |
| P/TBV Ratio | 0.93 | 0.82 | 1.11 | 0.60 | 1.20 | 3.00 |
| EV/Sales Ratio | 1.77 | 0.85 | 2.80 | |||
| Debt / Equity Ratio | 0.00 | 0.07 | 0.03 | |||
| Net Debt / Equity Ratio | -0.13 | -0.32 | -1.24 | -1.09 | -0.79 | -0.32 |
| Net Debt / EBITDA Ratio | 1.29 | 1.39 | 0.41 | 0.94 | ||
| Net Debt / FCF Ratio | 0.21 | 0.75 | 1.46 | 2.00 | 0.48 | 1.05 |
| Asset Turnover | 0.25 | 0.36 | 0.39 | 0.60 | 0.32 | 0.27 |
| Inventory Turnover | 6.03 | 3.09 | 3.66 | |||
| Quick Ratio | 0.58 | 2.02 | 4.05 | 4.59 | 2.00 | 4.05 |
| Current Ratio | 4.45 | 6.93 | 4.14 | 4.93 | 2.55 | 5.12 |
| Return on Equity (ROE) | -79.68% | -115.17% | -85.08% | -96.16% | -150.72% | -38.07% |
| Return on Assets (ROA) | -18.83% | -27.44% | -43.05% | -46.01% | -31.97% | -24.87% |
| Return on Capital Employed (ROCE) | -54.40% | -42.10% | -105.00% | -83.80% | -233.90% | -44.00% |
| Earnings Yield | -145.19% | -109.47% | -91.01% | -132.77% | -605.44% | -28.52% |
| FCF Yield | -68.65% | -51.94% | -76.67% | -90.64% | -164.05% | -24.52% |
| Buyback Yield / Dilution | -178.26% | -177.64% | -184.71% | -467.55% | -16.08% |