Company research
Taoping Inc.
CIK 1552670Updated Sep 27, 2026
SecurityTAOP · NASDAQ · equity
Name history
China Information Technology, Inc. · through May 14, 2018
TAOP price & chart
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NASDAQ:TAOP on TradingView ↗In the news
Taoping Signs Letter of Intent to Acquire Alphalion Holding, Significantly Bolsters AI-Driven Digital Ecosystem News provided by Taoping Inc. Oct 17, 2025, 08:30 ET Share this article Share to X Share this article Share to X SHENZHEN, China , Oct. 17, 2025 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 39,447,626Source | 35,128,745Source | 32,826,314Source | 29,208,815Source |
| Property, Plant and Equipment, NetUSD | 5,670,216Source | 5,554,328Source | 6,677,484Source | 7,833,902Source |
| GoodwillUSD | 7,277,374Source | — | — | 58,922Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,131,861Source | 1,576,632Source | 1,300,855Source | 1,014,591Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 9,201,245Source |
| Inventory, NetUSD | 790,207Source | 6,317,173Source | 1,250,567Source | 356,358Source |
| Assets, CurrentUSD | 26,414,168Source | 29,488,146Source | 25,250,915Source | 19,395,699Source |
| Operating Lease, Right-of-Use AssetUSD | 85,868Source | — | — | 48,786Source |
| Other Assets, NoncurrentUSD | — | — | 811,026Source | 1,775,540Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 19,906,937Source | 19,259,414Source | 20,063,017Source | 19,592,123Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | 170,757,735Source | 165,115,938Source | 161,404,797Source |
| Retained Earnings (Accumulated Deficit)USD | -220,633,658Source | -210,571,935Source | -208,752,548Source | -208,054,607Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 23,837,560Source | 23,027,362Source | 23,587,298Source | 23,610,333Source |
| Stockholders' Equity Attributable to ParentUSD | 19,540,689Source | 15,869,331Source | 12,763,297Source | 9,616,692Source |
| Additional Paid in Capital, Common StockUSD | 11,568,652Source | 22,447,083Source | 22,603,523Source | 22,447,083Source |
| Liabilities and EquityUSD | 39,447,626Source | 35,128,745Source | 32,826,314Source | 29,208,815Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 14,110,689Source | 13,458,318Source | 20,063,017Source | 19,571,754Source |
| Operating Lease, Liability, CurrentUSD | 42,663Source | — | — | 29,373Source |
| Accounts Payable, CurrentUSD | — | — | — | 2,287,244Source |
| Operating Lease, Liability, NoncurrentUSD | 62,696Source | — | — | 20,369Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 5,733,552Source | 5,801,096Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 5,700,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -10,061,723Source | -1,819,387Source | -697,941Source | -7,081,647Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,646,805Source | 2,006,996Source | 2,516,573Source | 3,543,931Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,354,663Source | 820,400Source | 1,360,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,662,248Source | 2,424,728Source | 393,934Source | 3,964,973Source |
| Increase (Decrease) in InventoriesUSD | -5,108,318Source | 5,171,430Source | 1,786,825Source | -101,792Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,551,230Source | -2,384,588Source | -2,326,017Source | -9,035,875Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,346,754Source | -1,075,839Source | -1,209,024Source | 4,310,557Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,349,319Source | 1,053,587Source | 1,209,613Source | 1,793,342Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 4,417,360Source | 3,748,976Source | 3,839,344Source | 22,716Source |
| Repayments of Long-term DebtUSD | 310,536Source | 58,827Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 555,229Source | 275,777Source | 277,615Source | -3,508,026Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 419,563Source | 404,708Source | 512,389Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,354,663Source | 956,400Source | 1,360,000Source | 23,100Source |
| Amortization of Intangible AssetsUSD | 31,522Source | 110,315Source | — | — |
| DepreciationUSD | 1,646,805Source | 2,006,996Source | 2,993,285Source | 7,235,797Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | -465,791Source | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | 1,900,000Source | 1,900,000Source | 1,900,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | 4,900Source | -19,044Source | -8,031Source | -261,397Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 57,000,000,000Source | — | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -295,372Source | 92,464Source | -594,137Source | — |
| Gain (Loss) on Disposition of AssetsUSD | 68,545Source | 98,887Source | 16,184Source | — |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | — | 679,111Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -49,963Source | -96,131Source | -3,001,559Source |
| General and Administrative ExpenseUSD | 9,831,502Source | 6,209,596Source | 5,600,578Source | 6,149,981Source |
| GoodwillUSD | 7,277,374Source | — | — | 58,922Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -10,061,723Source | -1,819,387Source | -232,150Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,061,723Source | -1,819,387Source | -232,150Source | -582,371Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -465,791Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -6,499,276Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -8,031Source | -261,397Source |
| Income Tax Expense (Benefit)USD | 43,087Source | 14,143Source | 7,980Source | 69,869Source |
| Inventory Write-downUSD | 859,077Source | — | — | 63,716Source |
| Investment Income, InterestUSD | 1,356Source | 2,241Source | 2,100Source | 7,956Source |
| Net Income (Loss) Attributable to ParentUSD | -10,061,723Source | -1,819,387Source | -697,941Source | -7,081,647Source |
| Nonoperating Income (Expense)USD | 192,584Source | 261,621Source | 552,058Source | 3,201,613Source |
| Other Nonoperating Income (Expense)USD | 159,950Source | 203,081Source | 267,292Source | 3,314,433Source |
| Payments to Acquire InvestmentsUSD | — | — | — | 1,066,338Source |
| Proceeds from Issuance of Common StockUSD | 2,971,380Source | 4,169,390Source | 1,748,258Source | — |
| Proceeds from Issuance of Long-term DebtUSD | — | 6,258,240Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 30,816,535Source | 36,672,512Source | 38,635,635Source | 24,233,463Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -9,233,676Source | -1,608,562Source | -197,698Source | -3,165,637Source |
| Other Nonoperating Income (Expense)USD | 159,950Source | 203,081Source | 267,292Source | 3,314,433Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -10,018,636Source | -1,805,244Source | -224,170Source | -512,502Source |
| Income Tax Expense (Benefit)USD | 43,087Source | 14,143Source | 7,980Source | 69,869Source |
| Net Income (Loss) Attributable to ParentUSD | -10,061,723Source | -1,819,387Source | -697,941Source | -7,081,647Source |
| Earnings Per Share, BasicUSD per share | -7.88Source | -0.29Source | -0.36Source | -0.45Source |
| Earnings Per Share, DilutedUSD per share | -7.88Source | -0.29Source | -0.36Source | -0.45Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,277,310Source | 6,381,253Source | 1,910,783Source | 15,582,501Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,277,310Source | 6,381,253Source | 1,910,783Source | 15,582,501Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 31,522Source | 110,315Source | — | — |
| Current Income Tax Expense (Benefit)USD | 43,087Source | 14,143Source | 7,980Source | 69,869Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 3,543,931Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | — | -465,791Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -295,372Source | 92,464Source | -594,137Source | — |
| General and Administrative ExpenseUSD | 9,831,502Source | 6,209,596Source | 5,600,578Source | 6,149,981Source |
| Gross ProfitUSD | 3,368,706Source | 7,770,450Source | 8,852,281Source | 7,230,049Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -10,061,723Source | -1,819,387Source | -232,150Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,061,723Source | -1,819,387Source | -232,150Source | -582,371Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -7.88Source | -0.29Source | -0.12Source | -0.04Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -7.88Source | -0.29Source | -0.12Source | -0.04Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | -465,791Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -6,499,276Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -8,031Source | -261,397Source |
| Interest ExpenseUSD | 978,900Source | 460,544Source | 580,630Source | 556,434Source |
| Interest Expense, DebtUSD | 300,000Source | 300,000Source | 400,000Source | 400,000Source |
| Investment Income, InterestUSD | 1,356Source | 2,241Source | 2,100Source | 7,956Source |
| Lease IncomeUSD | — | — | — | 276,000Source |
| Nonoperating Income (Expense)USD | 192,584Source | 261,621Source | 552,058Source | 3,201,613Source |
| Research and Development ExpenseUSD | 1,712,152Source | 2,424,127Source | 2,967,043Source | 3,606,653Source |
| Selling ExpenseUSD | 1,058,728Source | 745,289Source | 482,358Source | 639,052Source |