Taoping Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.17	1.58	1.3	1.01	4.53	0.88
Cash & Short-Term Investments	2.17	1.58	1.3	1.01	4.53	0.88
Cash Growth	352.36%	21.20%	28.21%	-77.58%	412.63%	-41.91%
Accounts Receivable	7.96	7.92	8.69	9.29	7.11	7.18
Receivables	7.96	7.92	8.69	9.29	7.11	7.7
Inventory	2.31	6.32	1.25	0.36	0.53	0.25
Prepaid Expenses	0.09	0.1	0.35	-	0.07	-
Restricted Cash	-	-	-	-	-	0.21
Other Current Assets	11.52	13.57	13.66	8.73	19.35	3.38
Total Current Assets	24.05	29.49	25.25	19.4	31.58	12.43
Property, Plant & Equipment	6.22	5.55	6.68	7.88	12.12	10.85
Long-Term Investments	0.05	0.09	0.09	0.1	0.51	0.03
Goodwill	-	-	-	0.06	-	-
Other Long-Term Assets	-	-	0.81	1.78	2.95	7.46
Total Assets	30.32	35.13	32.83	29.21	47.16	30.78
Accounts Payable	0.4	0.99	0.83	2.29	8.38	14.93
Accrued Expenses	3.36	3.9	5.15	4.89	4	4.79
Short-Term Debt	4.34	3.51	12.03	10.54	7.79	7.53
Current Portion of Long-Term Debt	0.31	0.31	-	-	-	-
Current Portion of Leases	-	-	-	0.03	0.07	-
Current Income Taxes Payable	0	0	0.06	0.06	0.38	-
Current Unearned Revenue	0.46	3.47	1.29	0.72	0.58	0.32
Other Current Liabilities	1.21	1.28	0.7	1.05	6.52	2.24
Total Current Liabilities	10.09	13.46	20.06	19.57	27.73	29.8
Long-Term Debt	5.75	5.8	-	-	-	-
Long-Term Leases	-	-	-	0.02	0.18	-
Total Liabilities	15.84	19.26	20.06	19.59	27.9	29.8
Common Stock	173.81	170.76	165.12	161.4	161.1	131.25
Additional Paid-In Capital	22.45	22.45	22.6	22.45	22.45	15.64
Retained Earnings	-205.04	-200.36	-198.54	-197.85	-188.09	-178.17
Comprehensive Income & Other	23.26	23.03	23.59	23.61	23.8	23.61
Total Common Equity	14.48	15.87	12.76	9.62	19.25	-7.66
Minority Interest	-	-	-	-	-0	8.64
Shareholders' Equity	14.48	15.87	12.76	9.62	19.25	0.98
Total Liabilities & Equity	30.32	35.13	32.83	29.21	47.16	30.78
Total Debt	10.41	9.61	12.03	10.59	8.04	7.53
Net Cash (Debt)	-8.24	-8.04	-10.73	-9.58	-3.51	-6.65
Net Cash Per Share	-17.06	-37.78	-168.52	-181.22	-79.57	-270.40
Filing Date Shares Outstanding	1	0.45	0.1	0.05	0.05	0.03
Total Common Shares Outstanding	1	0.45	0.1	0.05	0.05	0.03
Working Capital	13.96	16.03	5.19	-0.18	3.85	-17.37
Book Value Per Share	14.45	35.57	132.41	184.93	372.30	-270.93
Tangible Book Value	14.48	15.87	12.76	9.56	19.25	-7.66
Tangible Book Value Per Share	14.45	35.57	132.41	183.79	372.30	-270.93
Buildings	3.9	3.83	3.94	4.05	4.4	5.14
Machinery	4.46	3.87	3.8	3.33	4.56	5.67
Leasehold Improvements	-	-	-	0.04	0.4	-

Updated Oct 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q