TaoWeave Inc. 2026年季度报告

Securities registered pursuant to Section 12(b) of the Act: Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). The number of shares outstanding of the registrant’s common stock as of May 14, 2026, was3,456,149. TAOWEAVE, INC.Index PART I - FINANCIAL INFORMATION Item 1. Financial Statements Condensed Consolidated Balance Sheets at March 31, 2026(unaudited) and December 31, 20251Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2026, and20252 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This quarterly report on Form 10-Q (this“Report”) contains statements that are considered forward-looking statements within themeaning of Section 27A of the Securities Act of 1933, as amended, and its rules and regulations (the“Securities Act”), and Section 21Eof the Securities Exchange Act of 1934, as amended, and its rules and regulations (the“Exchange Act”). These forward-lookingstatements include, but are not limited to, statements about the plans, objectives, expectations and intentions of TaoWeave, Inc.(“TaoWeave”or“we”or“us”or the“Company”). All statements other than statements of current or historical fact contained in thisReport, including statements regarding TaoWeave’s future financial position, business strategy, budgets, projected costs and plans andobjectives of management for future operations, are forward-looking statements. The words“anticipate,”“believe,”“estimate,”“expect,”“intend,”“may,”“plan,”and similar expressions, as they relate to TaoWeave, are intended to identify forward-lookingstatements. These statements are based on TaoWeave’s current plans, and TaoWeave’s actual future activities and results of operationsmay be materially different from those set forth in the forward-looking statements. These forward-looking statements are subject to risksand uncertainties that could cause actual results to differ materially from the statements made. Any or all of the forward-lookingstatements in this Report may turn out to be inaccurate. TaoWeave has based these forward-looking statements largely on its currentexpectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. The forward-looking statements can be affected by inaccurate assumptions or byknown or unknown risks, uncertainties, and assumptions. There are important factors that could cause actual results to differ materiallyfrom those expressed or implied by these forward-looking statements, including our plans, objectives, expectations and intentions andother factors that are discussed under the section entitled“Part I. Item 1A. Risk Factors”and in our consolidated financial statementsand the footnotes thereto for the fiscal year ended December 31, 2025, each included in our Annual Report on Form 10-K for the fiscalyear ended December 31, 2025, filed with the Securities and Exchange Commission (the“SEC”) on March 20, 2026, as well as under Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not •our ability to raise capital in one or more debt and/or equity offerings in order to fund operations or any growth initiatives, and ourability to continue as a going concern;•the impact ofconversions of our Series F Preferred Stock to Common Stock, exercises of the Series F Preferred Stock warrants andCommon Warrants, Pre-Funded Warrants, and sales of the underlying conversion shares;•the rewards and costs of staking transactions on blockchains;•fluctuations in the price of our digital assets;•potential decreases in the value of our digital assets and rewards;•risks related to the loss or theft of private withdrawal keys, resulting in the complete loss of digital assets and rewards;•the ongoing performance of our Managed Services business;•our ability to grow revenue;•risks related to the concentration of our customers and the degree to which our sales, now or in the future, depend on certain largeclient relationships;•increases in labor costs; Note 1 -