TAO Synergies Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
TAOX$2.58-5.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended · · Year Ended | ||||||
| · · December 31, · · December 31, | ||||||
| · · 2025 · · 2024 | ||||||
| REVENUES: | | | | | | |
| Revenues from TAO staking | | $299,061 | | $— | ||
| | | | | | | |
| OPERATING EXPENSES: | | | | | | |
| Research and development | | | 322,225 | | | 1,598,722 |
| General and administrative | | 9,023,993 | | 5,212,010 | ||
| TOTAL OPERATING EXPENSES | | 9,346,218 | | 6,810,732 | ||
| | | | | | | |
| OPERATING INCOME (LOSS) | | | (9,047,157) | | | (6,810,732) |
| | | | | | | |
| OTHER INCOME (LOSS): | | | | | ||
| Interest income | | | 442,913 | | | 1,275,885 |
| Share of net loss in equity investment | | | — | | | (44,525) |
| Loss on write-off of available for debt security | | | — | | | (2,443,300) |
| Loss on write-off of equity investment | | | — | | | (517,877) |
| Warrant issuance costs | | | (1,689,302) | | | (618,375) |
| Unrealized loss on digital assets | | | (10,516,580) | | | — |
| Change in fair value of limited partnership investments | | | (303,046) | | | — |
| Loss on issuance of Preferred Stock | | | (758,691) | | | (3,812,625) |
| Change in fair value of warrant liability | | | (12,418,585) | | | (829,000) |
| Change in fair value of derivative liability | | | 5,553,000 | | | 1,032,000 |
| TOTAL OTHER INCOME (LOSS) | | | (19,690,291) | | | (5,957,817) |
| | | | | | | |
| Net income (loss) before income taxes | | (28,737,448) | | (12,768,549) | ||
| | | | | | | |
| Provision for income taxes | | — | | — | ||
| | | | | | | |
| Net income (loss) | | (28,737,448) | | (12,768,549) | ||
| | | | | | | |
| Preferred Stock dividends | | 338,359 | | 789,909 | ||
| | | | | | | |
| Net income (loss) attributable to common stockholders | | $(29,075,807) | | $(13,558,458) | ||
| | | | | | | |
| Change in fair value of available for sale debt security | | | — | | | 4,800 |
| | | | | | | |
| Comprehensive loss | | $(29,075,807) | | $(13,553,658) | ||
| | | | | | | |
| PER SHARE DATA: | | | | | ||
| | | | | | | |
| Basic and diluted net loss per common share | | $(8.81) | | $(10.99) | ||
| | | | | | | |
| Basic and diluted weighted average common shares outstanding | | 3,300,200 | | 1,233,700 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.