For the quarter ending 2026-03-31, TAOX had -$1,851,862 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Consulting services paid by issuance of warrants | - | 154,774 | 336,838 | 81,935 |
| Unrealized loss on digital assets | - | 8,120,083 | 2,382,129 | 14,368 |
| Warrant issuance costs | - | 989,457 | 0 | 699,845 |
| Accrual of restricted stock awards | - | - | - | 387,118 |
| Net income | 4,254,392 | -7,683,292 | -3,923,247 | -17,130,909 |
| Consulting services paid by issuance of common stock | - | - | 4,500 | 109,116 |
| Stock based compensation | 76,600 | 753,680 | 53,767 | 585,823 |
| Non-cash revenue from digital assets | 388,774 | 91,728 | 203,371 | 3,962 |
| Unrealized gain on digital assets | 6,841,937 | - | - | - |
| Loss on issuance of convertible preferred stock | - | 758,691 | - | - |
| Change in fair value of yuma partnership investments | 350,740 | -303,046 | - | - |
| Change in fair value of warrant liability | 6,000 | -637,000 | -109,090 | 13,164,675 |
| Change in fair value of derivative liability | -1,650,000 | 5,629,000 | 106,000 | -182,000 |
| Consulting services paid by issuance of common stock | 104,454 | 118,116 | - | - |
| Depreciation expense | 816 | 802 | 803 | 2,011 |
| Decrease (increase) in prepaid expenses and other current assets | -516,429 | 266,603 | -101,198 | 214,421 |
| (decrease) in accounts payable | -228,996 | 225,673 | 628,754 | 3,609 |
| (decrease) in accrued expenses | -481,100 | 546,120 | 26,292 | -630,876 |
| Total adjustments | -5,937,248 | 5,232,495 | 2,728,702 | 14,381,241 |
| Net cash used in operating activities | -1,682,856 | -2,450,797 | -1,194,545 | -2,749,668 |
| Purchase of limited partnership investments | - | 750,000 | - | - |
| Purchase of crypto currency | - | 10,574,499 | 13,070,203 | 4,500,000 |
| Net cash used in investing activities | - | -11,324,499 | -13,070,203 | -4,500,000 |
| Proceeds from investor warrant exercises | - | 7,944,466 | 1,530,457 | 484,326 |
| Net proceeds from convertible preferred stock offering-Series DConvertible Redeemable Preferred Stock | - | 0 | 4,924,000 | - |
| Net proceeds from convertible preferred stock offering-Series EConvertible Redeemable Preferred Stock | - | 9,940,000 | - | - |
| Net proceeds from series d convertible preferred stock offering | - | - | - | 5,114,000 |
| Redemption of convertible preferred stock-Series CConvertible Redeemable Preferred Stock | - | 0 | 1,430,000 | - |
| Redemption of series c convertible preferred stock | - | - | - | 1,430,000 |
| Dividends on convertible preferred stock-Series CConvertible Redeemable Preferred Stock | - | - | 205,161 | - |
| Dividends on preferred stock | 169,006 | 56,926 | - | 205,161 |
| Net cash used in financing activities | -169,006 | 17,827,540 | 1,340,457 | 3,963,165 |
| Net decrease in cash and equivalents | -1,851,862 | 4,052,244 | -12,924,291 | -3,286,503 |
| Cash and equivalents at beginning of period | 5,497,671 | 1,445,427 | 17,656,221 | - |
| Cash and equivalents at end of period | 3,645,809 | 5,497,671 | 1,445,427 | - |
TAO Synergies Inc. (TAOX)
TAO Synergies Inc. (TAOX)