TaoWeave, Inc.
For the period ended Dec 31, 2024. Filed Mar 18, 2025.
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FY2024 · Filed Mar 18, 2025
TWAV$1.20-5.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 2024 and 2023
(In thousands, except par value, stated value, and shares)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $4,965 | $5,990 |
| Accounts receivable, net | 186 | 424 |
| Inventory, net | — | 239 |
| Prepaid expenses and other current assets | 118 | 243 |
| Total current assets | 5,269 | 6,896 |
| Operating lease, right-of-use assets, net | — | 17 |
| Other assets | 6 | 12 |
| Total assets | $5,275 | $6,925 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 105 | 211 |
| Accrued expenses and other current liabilities | 1,131 | 1,038 |
| Current portion deferred revenue | 36 | 132 |
| Operating lease liabilities, current | — | 17 |
| Total current liabilities | 1,272 | 1,398 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | — | 26 |
| Total long-term liabilities | — | 26 |
| Total liabilities | 1,272 | 1,424 |
| Commitments and contingencies (see Note 14) | ||
| Stockholders’ equity: | ||
| Preferred stock Series F, convertible; $.0001 par value; $573,555 stated value; 42,000 shares authorized, 545 and 1,930 shares issued and outstanding on December 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock, $.0001 par value; 150,000,000 shares authorized; 1,144,926 shares issued and 1,144,737 shares outstanding on December 31, 2024, respectively, and 573,644 shares issued and 573,455 outstanding on December 31, 2023, respectively | — | — |
| Treasury stock, 189 common shares on December 31, 2024 and 2023 | (181) | (181) |
| Additional paid-in capital | 236,458 | 233,913 |
| Accumulated deficit | (232,274) | (228,231) |
| Total stockholders’ equity | 4,003 | 5,501 |
| Total liabilities and stockholders’ equity | $5,275 | $6,925 |
-F-2-
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