{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-017605","form_type":"8-K","ticker":"TWAV","cik":"0000746210","company_name":"TaoWeave, Inc.","filed_at":"2026-05-18T20:05:48+00:00","discovered_at":"2026-05-18T20:07:00.428959+00:00","generated_at":"2026-05-18T20:10:33.969144+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TaoWeave returns to Q1 net income of $1.7M on $2.2M TAO gain; revenue up 14%","bullets":["Net income $1.7M ($0.43 diluted EPS) vs net loss $0.7M ($0.59 loss) in Q1 2025; reflects $2.2M unrealized gain on TAO.","Total revenue $707K, up 14% YoY; includes $86K new TAO staking revenue. Managed Services -17% YoY, Collab Products +75% YoY.","Ended Q1 with 23,557 TAO tokens ($7.2M) and $2.1M cash; added 1,900 TAO post-quarter for $506K, now ~25,663 tokens.","Adjusted EBITDA loss narrowed to $0.5M (from $0.8M); operating loss $0.6M. Consolidated gross margin expanded from 40% to 66%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-017605","json":"https://secwatch.observer/filing/0001437749-26-017605.json","markdown":"https://secwatch.observer/filing/0001437749-26-017605.md","text":"https://secwatch.observer/filing/0001437749-26-017605.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746210/000143774926017605/0001437749-26-017605-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746210/000143774926017605/twav20260322_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T20:10:33.969144+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c52a556c6a6589f9c899087195aaceedc46950c8","claim":"TaoWeave, Inc. reported First quarter ended March 31, 2026 results: revenue $0.7 million, net income $1.7 million, EPS $0.43 per diluted share.","evidence_excerpt":"results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights ● Net income of $1.7 million, or $0.43 per diluted share, compared to a net loss of $0.7 million, or $(0.59) per diluted share, in Q1 2025. Q1 2026 reflects a $2.2 million unrealized gain and a $52,000 realized gain on the Company’s TAO holdings. ● Total revenue of $0.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746210/000143774926017605/0001437749-26-017605-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter ended March 31, 2026"},{"label":"Revenue","value":"$0.7 million"},{"label":"Net income","value":"$1.7 million"},{"label":"EPS","value":"$0.43 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}