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TAOP · Taoping Inc.
TAOPNASDAQCommon stockCurrentCIK 1552670Updated Sep 29, 2026
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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 |
Filing attachments
ex99-1.htm · 6-K · 2026-09-29
Exhibit 99.1 TAOPING INC. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2026 AND 2025 INDEX Contents Page(s) Consolidated Balance Sheets F-2 Consolidated Statements of Operations F-3 Consolidated Statements of Comprehensive Loss F-4 Consolidated Statements of Changes in Equity F-5 Consolidated Statements of Cash Flows F-6 Notes to Consolidated F…
Read attachment ↗ex99-2.htm · 6-K · 2026-09-29
Exhibit 99.2 OPERATING AND FINANCIAL REVIEW AND PROSPECTS IN CONNECTION WITH THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2026 In this report, as used herein, and unless the context suggests otherwise, the terms “TAOP,” “Company,” “we,” “us” or “ours” refer to the combined business of Taoping Inc., its subsidiaries and other consolidated entities. References to “dollar” and “$” are to U.S. dollars, the lawful currency of the United States, and references to …
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