Taoweave, Inc. income statement
In fiscal 2025, Taoweave, Inc. reported revenue of $2.4m, up 2.5% on the year before, operating income of −$3.0m (a -121.5% margin) and net income of −$6.4m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 13 | 13 | 15 | 8 | 5 | 4 | 2 | 2 | 2 |
| Gross profit | — | 5 | 5 | 8 | 3 | 2 | 1 | 0 | 1 | 1 |
| Research and development | 1 | 1 | 2 | 4 | 3 | 2 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 0 | 2 | 3 | 2 | 1 | 0 | 0 | 0 | 0 |
| General and administrative | 4 | 5 | 5 | 7 | 6 | 5 | 5 | 4 | 4 | 4 |
| Operating income | −2 | −7 | −8 | −10 | −12 | −22 | −4 | −4 | −3 | −3 |
| Interest expense | 1 | 0 | — | — | — | — | — | — | — | — |
| Income before tax | 6 | −7 | −8 | −7 | −9 | −22 | −4 | −4 | −6 | −7 |
| Income tax | −0 | 0 | 0 | 0 | −0 | −0 | 0 | 0 | 0 | −0 |
| Net income | 6 | −7 | −8 | −7 | −9 | −22 | −4 | −4 | −6 | −7 |
| Diluted EPS | $2.10 | −$60.00 | −$22.80 | −$22.20 | −$219.20 | −$10.62 | −$39.20 | — | — | — |
| Diluted shares (average) | — | — | — | — | 44m | — | — | — | 2m | — |
| EBITDA | −1 | −6 | −6 | −7 | −9 | −20 | −4 | −4 | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 578 | 563 | 622 | 592 | 601 | 622 | 707 | 522 |
| Gross profit | 79 | 135 | 249 | 228 | 244 | 294 | 470 | 274 |
| Research and development | 38 | 2 | 3 | 3 | 3 | 2 | 0 | 0 |
| Selling and marketing | 66 | 4 | 8 | 6 | 0 | 7 | 7 | 0 |
| General and administrative | 1,047 | 1,057 | 929 | 902 | 1,043 | 1,070 | 1,022 | 1,115 |
| Operating income | −1,072 | −928 | −691 | −683 | −802 | −785 | −559 | −841 |
| Income before tax | −1,040 | −883 | −665 | −605 | −2,290 | −2,793 | 1,697 | −3,289 |
| Income tax | 0 | 1 | 7 | 0 | 0 | −5 | 0 | 1 |
| Net income | −1,040 | −884 | −672 | −605 | −2,290 | −2,788 | 1,697 | −3,290 |
| Diluted EPS | — | — | −$0.29 | — | — | — | $0.43 | — |
| EBITDA | −1,072 | −928 | — | — | — | — | — | — |
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