TaoWeave, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $2.4M | $3.8M | $5.5M | $7.7M | $15.3M | $12.8M | $12.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $1.0M | $331.0K | $911.0K | $1.5M | $2.7M | $8.1M | $5.4M | $5.0M |
| Gross Margin | 41.6% | 13.9% | 23.9% | 28.2% | 35.1% | 52.5% | 42.1% | 39.5% |
| Operating Expenses | ||||||||
| Research & Development | $10.0K | $155.0K | $20.0K | $1.7M | $2.9M | $3.7M | $2.0M | $921.0K |
| SG&A Expense | $3.9M | $4.2M | $4.9M | $5.3M | $6.4M | $6.7M | $5.4M | $4.6M |
| Operating Income | $-3.0M | $-4.2M | $-4.5M | $-22.0M | $-11.8M | $-10.1M | $-7.6M | $-6.7M |
| Operating Margin | -121.5% | -176.7% | -118.0% | -401.5% | -152.4% | -65.6% | -59.0% | -53.7% |
| Interest Expense | — | — | — | — | — | — | — | $311.0K |
| Pretax Income | $-6.4M | $-4.0M | $-4.4M | $-21.9M | $-9.1M | $-7.3M | $-7.8M | $-7.2M |
| Income Tax Expense | $2.0K | $10.0K | $27.0K | $-7.0K | $-90.0K | $103.0K | $0 | $13.0K |
| Net Income | $-6.4M | $-4.0M | $-4.4M | $-21.9M | $-9.1M | $-7.4M | $-7.8M | $-7.2M |
| Net Margin | -260.8% | -170.0% | -115.1% | -400.7% | -117.0% | -48.4% | -60.5% | -57.1% |
| EPS (Basic) | $-2.76 | $-5.24 | $-6.27 | $-1.18 | $-0.61 | $-0.16 | $-0.17 | $-0.02 |
| EPS (Diluted) | — | — | $-0.33 | $-1.18 | $-0.61 | $-0.16 | $-0.17 | $-0.02 |
| Shares Outstanding (Basic) | 2.3M | 2.5M | 879.0K | 18.6M | 16.0M | 49.9M | — | 431.6M |
| Shares Outstanding (Diluted) | 2.3M | 2.5M | 16.8M | 18.6M | 16.0M | 49.9M | 46.0M | 431.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |