TaoWeave Q2 FY26 net loss widens 444% to $3.29 million; revenue falls 12% to $522,000 - TWAV News | RalliesTaoWeave Q2 FY26 net loss widens 444% to $3.29 million; revenue falls 12% to $522,000
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TWAV• Cash and digital asset holdings
- Cash and cash equivalents totaled $735,000 at June 30, 2026, alongside $4.71 million in digital assets including about 23,335 TAO tokens.
Quarterly loss widens as revenue declines
- TaoWeave posted a net loss of $3.29 million for the quarter ended June 30, 2026, widening 444% from the year-ago period.
- Revenue fell 12% to $522,000, as Managed Services slipped 16% to $415,000 and Collaboration Products dropped 98% to $2,000.
Digital assets revenue and operating results
- Digital Assets revenue rose to $105,000 from $2,000, entirely from TAO staking rewards totaling 380.53 tokens.
- Operating loss widened 23% to $841,000, while other expense swung to $2.45 million from other income of $78,000.
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