TAO Synergies Inc. (TAOX) Balance Sheet
TAOX balance sheet, 2025
December 31, 2025 · U.S. dollars$25.8M assets = $3.9M liabilities + $21.9M equity
Both columns are drawn to the same scale: what TAOX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TAOX financial health
Descriptive bands, not a rating. Fiscal 2025.
TAOX balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $35.5M2021 | $25.8M2025 | −7.7%/yr | |
| Total liabilities | $2.0M2021 | $3.9M2025 | +18.5%/yr | |
| Shareholders’ equity | $33.5M2021 | $21.9M2025 | −10.1%/yr | |
| Cash & short-term investments | $34.2M2021 | $5.5M2025 | −36.7%/yr | |
| Working capital | $33.5M2021 | $23.6M2025 | −$9.9M |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TAOX assets
TAOX liabilities and equity
TAOX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TAOX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $5.5M | $17.7M | $30.1M | $37.5M | $34.2M |
| Cash & equivalents | $5.5M | $17.7M | $28.7M | $37.5M | $34.2M |
| Short-term investments | — | $0 | $1.4M | $0 | — |
| Receivables | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $19.9M | $64,633 | $432,762 | $1.1M | $1.3M |
| Total current assets | $25.4M | $17.7M | $30.5M | $38.6M | $35.5M |
| Property, plant & equipment (net) | $9,309 | $12,925 | $18,505 | $22,145 | $20,445 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $446,954 | $0 | $562,402 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 |
| Total assets | $25.8M | $17.7M | $31.1M | $38.6M | $35.5M |
| Liabilities | |||||
| Accounts payable | $1.2M | $317,287 | $444,633 | $660,206 | $1.3M |
| Total current liabilities | $1.8M | $1.0M | $4.3M | $1.3M | $2.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2.1M | $9.9M | $1.3M | $1.9M | $0 |
| Total liabilities | $3.9M | $11.0M | $5.5M | $3.2M | $2.0M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $746 | $137 | $96 | $728 | $674 |
| Retained earnings (deficit) | −$76.2M | −$47.2M | −$33.6M | −$19.8M | −$14.1M |
| Accumulated other comprehensive income | $5,702 | $5,702 | $902 | — | — |
| Total shareholders' equity | $21.9M | $6.8M | $25.6M | $35.4M | $33.5M |
| Key figures | |||||
| Working capital | $23.6M | $16.7M | $26.3M | $37.3M | $33.5M |
| Tangible book value | $21.9M | $6.8M | $25.6M | $35.4M | $33.5M |
| Book value per share | $6.64 | — | — | — | — |
| Shares outstanding | 3.3M | — | — | — | — |
| Current ratio | 13.99 | 17.47 | 7.14 | 29.39 | 17.80 |
| Quick ratio | 3.03 | 17.41 | 7.04 | 28.55 | 17.15 |
| Equity / assets | 84.8% | 38.2% | 82.2% | 91.7% | 94.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $19.2M | $28.8M | $5.5M | $1.4M | $14.4M | $14.8M | $17.7M | $22.1M | $27.4M | $28.3M |
| Cash & equivalents | $2.4M | $3.6M | $5.5M | $1.4M | $14.4M | $14.8M | $17.7M | $19.6M | $25.0M | $26.3M |
| Short-term investments | $16.8M | $25.2M | — | — | — | — | $0 | $2.4M | $2.4M | $1.9M |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $1.4M | $1.4M | $19.9M | $16.9M | $5.4M | $484,153 | $64,633 | $211,230 | $411,150 | $560,583 |
| Total current assets | $20.6M | $30.2M | $25.4M | $18.3M | $19.8M | $15.3M | $17.7M | $22.3M | $27.8M | $28.8M |
| Property, plant & equipment (net) | $7,758 | $8,493 | $9,309 | $10,111 | $10,914 | $11,893 | $12,925 | $14,100 | $15,789 | $17,106 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $478,824 | $797,694 | $446,954 | $0 | $0 | $0 | $0 | $531,927 | $543,952 | $553,802 |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $21.1M | $31.0M | $25.8M | $18.4M | $19.8M | $15.3M | $17.7M | $22.8M | $28.4M | $29.4M |
| Liabilities | ||||||||||
| Accounts payable | $899,175 | $946,327 | $1.2M | $949,650 | $898,153 | $114,181 | $317,287 | $286,350 | $475,330 | $238,905 |
| Total current liabilities | $1.0M | $1.1M | $1.8M | $1.0M | $964,257 | $210,665 | $1.0M | $340,892 | $9.4M | $6.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $2.8M | $3.8M | $2.1M | $648,000 | $863,000 | $8.7M | $9.9M | $9.4M | $236,000 | $223,000 |
| Total liabilities | $3.8M | $4.9M | $3.9M | $1.7M | $1.8M | $8.9M | $11.0M | $9.7M | $9.6M | $6.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $748 | $748 | $746 | $453 | $251 | $140 | $137 | $137 | $127 | $109 |
| Retained earnings (deficit) | −$81.6M | −$72.1M | −$76.2M | −$68.5M | −$64.5M | −$46.9M | −$47.2M | −$41.5M | −$35.5M | −$34.0M |
| Accumulated other comprehensive income | $5,702 | $5,702 | $5,702 | $5,702 | $5,702 | $5,702 | $5,702 | $5,702 | $302 | $202 |
| Total shareholders' equity | $17.3M | $26.2M | $21.9M | $16.7M | $18.0M | $6.4M | $6.8M | $13.1M | $18.8M | $22.9M |
| Key figures | ||||||||||
| Working capital | $19.6M | $29.1M | $23.6M | $17.3M | $18.8M | $15.1M | $16.7M | $21.9M | $18.5M | $22.5M |
| Tangible book value | $17.3M | $26.2M | $21.9M | $16.7M | $18.0M | $6.4M | $6.8M | $13.1M | $18.8M | $22.9M |
| Book value per share | $2.31 | $3.40 | $2.94 | $6.54 | — | — | — | — | — | — |
| Shares outstanding | 7.5M | 7.7M | 7.4M | 2.5M | — | — | — | — | — | — |
| Current ratio | 19.99 | 27.40 | 13.99 | 17.61 | 20.51 | 72.71 | 17.47 | 65.36 | 2.98 | 4.58 |
| Quick ratio | 18.59 | 26.10 | 3.03 | 1.39 | 14.90 | 70.41 | 17.41 | 64.74 | 2.93 | 4.49 |
| Equity / assets | 81.9% | 84.3% | 84.8% | 90.8% | 90.8% | 42.1% | 38.2% | 57.5% | 66.2% | 77.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
TAOX financial position
At the end of fiscal 2025 (December 31, 2025), TAO Synergies had total assets of $25.8 million (up 45.7% from a year earlier), total liabilities of $3.9 million and shareholders' equity of $21.9 million. Its current ratio was 13.99. In the latest quarter (ended June 30, 2026) total assets were $21.1 million and equity $17.3 million.
Related: TAOX income statement, TAOX cash flow statement, TAOX key metrics. See the TAOX stock overview for the latest quote and news.
TAOX balance sheet FAQ
What are TAO Synergies's total assets?
TAO Synergies reported total assets of $25.8 million at the end of fiscal 2025 (December 31, 2025), compared with $17.7 million a year earlier.
How much cash does TAO Synergies have?
TAO Synergies held $5.5 million in cash and short-term investments at the end of fiscal 2025.
What is TAO Synergies's book value?
TAO Synergies's shareholders' equity (book value) was $21.9 million at the end of fiscal 2025, or $6.64 per share.
What is TAO Synergies's current ratio?
TAO Synergies had current assets of $25.4 million and current liabilities of $1.8 million, a current ratio of 13.99 (it can cover its short-term obligations).