For the quarter ending 2025-09-30, TAOX had -$12,924,291 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Accrual of restricted stock awards | - | 387,118 |
| Net income (loss) | -3,923,247 | -17,130,909 |
| Stock based compensation | 53,767 | 585,823 |
| Non-cash revenue from digital assets | 207,333 | 3,962 |
| Unrealized loss on digital assets | 2,382,129 | 14,368 |
| Warrant issuance costs | 699,845 | 699,845 |
| Change in fair value of warrant liability | -109,090 | 13,164,675 |
| Change in fair value of derivative liability | -76,000 | -182,000 |
| Consulting services paid by issuance of common stock | 113,616 | 109,116 |
| Consulting services paid by issuance of warrants | 336,838 | 81,935 |
| Depreciation expense | 803 | 2,011 |
| (increase) decrease in prepaid expenses and other current assets | -101,198 | 214,421 |
| Increase (decrease) in accounts payable | 628,754 | 3,609 |
| Decrease in accrued expenses | 26,292 | -630,876 |
| Total adjustments | 2,728,702 | 14,381,241 |
| Net cash used in operating activities | -1,194,545 | -2,749,668 |
| Purchase of crypto currency | 13,070,203 | 4,500,000 |
| Net cash used in investing activities | -13,070,203 | -4,500,000 |
| Proceeds from investor warrant exercises | 1,530,457 | 484,326 |
| Net proceeds from series d convertible preferred stock offering | - | 5,114,000 |
| Net proceeds from convertible preferred stock offering-Series DConvertible Redeemable Preferred Stock | 4,924,000 | - |
| Redemption of series c convertible preferred stock | - | 1,430,000 |
| Redemption of convertible preferred stock-Series CConvertible Redeemable Preferred Stock | 1,430,000 | - |
| Dividends on series c convertible preferred stock | - | 205,161 |
| Dividends on convertible preferred stock-Series CConvertible Redeemable Preferred Stock | 205,161 | - |
| Net cash provided by (used in) financing activities | 1,340,457 | 3,963,165 |
| Net decrease in cash and equivalents | -12,924,291 | -3,286,503 |
| Cash and cash equivalents at beginning of period | 17,656,221 | - |
| Cash and cash equivalents at end of period | 1,445,427 | - |
TAO Synergies Inc. (TAOX)
TAO Synergies Inc. (TAOX)