secwatch.observer — SEC 8-K summary
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Issuer:     TaoWeave, Inc. (TWAV)
CIK:        0000746210
Form:       8-K
Filed at:   2026-05-18T20:05:48+00:00
Accession:  0001437749-26-017605
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

TaoWeave returns to Q1 net income of $1.7M on $2.2M TAO gain; revenue up 14%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746210/000143774926017605/0001437749-26-017605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746210/000143774926017605/twav20260322_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017605

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer