TAO Synergies Inc.: 10-K filed 2024-04-01

Name: TAO Synergies Inc.: 10-K filed 2024-04-01
Creator: TAO Synergies Inc.

What TAO Synergies Inc. reported in its annual report filed 2024-04-01 (fiscal FY 2023): 33 published measures, 67 facts as tagged in accession 0001410578-24-000410.

This filing

Form: 10-K (annual report)
Filed: 2024-04-01
Fiscal period: fiscal FY 2023
Accession: 0001410578-24-000410 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TAO Synergies Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2023-12-31	31,113,667	USD
At 2022-12-31	38,607,806	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2023-12-31	5,529,469	USD
At 2022-12-31	3,193,110	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2023-12-31	24,347,258	USD
At 2022-12-31	32,692,973	USD
At 2021-12-31	33,529,748	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2023-12-31	28,661,498	USD
At 2022-12-31	37,478,480	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-6,038,504	USD	365
2022-01-01 to 2022-12-31	-5,573,957	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-5,173,209	USD	365
2022-01-01 to 2022-12-31	-11,211,245	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	2,707	USD	365
2022-01-01 to 2022-12-31	7,414	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-1,641,066	USD	365
2022-01-01 to 2022-12-31	14,483,150	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-2,002,707	USD	365
2022-01-01 to 2022-12-31	-7,414	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2023-12-31	-33,610,748	USD
At 2022-12-31	-19,831,517	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	11,651,900	shares	365
2022-01-01 to 2022-12-31	6,989,200	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	11,651,900	shares	365
2022-01-01 to 2022-12-31	6,989,200	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-1.18	USD/shares	365
2022-01-01 to 2022-12-31	-0.81	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-1.18	USD/shares	365
2022-01-01 to 2022-12-31	-0.81	USD/shares	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2023-12-31	18,505	USD
At 2022-12-31	22,145	USD

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2023-12-31	30,532,760	USD
At 2022-12-31	38,585,661	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2023-12-31	4,276,469	USD
At 2022-12-31	1,312,810	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2023-12-31	444,633	USD
At 2022-12-31	660,206	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	8,313,854	USD	365
2022-01-01 to 2022-12-31	16,134,996	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	1,974,924	USD	365
2022-01-01 to 2022-12-31	6,324,928	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2023-12-31	24,089,646	shares
At 2022-12-31	7,267,032	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2023-12-31	28,661,498	USD
At 2022-12-31	37,478,480	USD
At 2021-12-31	34,213,989	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2023-12-31	57,954,693	USD
At 2022-12-31	52,523,762	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2023-12-31	902	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2023-12-31	435,891	USD
At 2022-12-31	536,714	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2023-12-31	57,677	USD
At 2022-12-31	739,467	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-6,038,504	USD	365
2022-01-01 to 2022-12-31	-5,573,957	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-13,778,376	USD	365
2022-01-01 to 2022-12-31	-5,689,847	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-13,779,278	USD	365
2022-01-01 to 2022-12-31	-5,689,847	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	6,338,930	USD	365
2022-01-01 to 2022-12-31	9,810,068	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	6,347	USD	365
2022-01-01 to 2022-12-31	5,714	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	2,275,350	USD	365
2022-01-01 to 2022-12-31	10,561,039	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2023-01-01 to 2023-12-31	-215,573	USD	365
2022-01-01 to 2022-12-31	-636,300	USD	365

Inspect the source

Entity: TAO Synergies Inc. / CIK 0001571934
Captured: 2026-09-20T09:21:23.438Z
SEC response SHA-256: e52d6914fb1846838a031653999ca8e75b5bb1215c0bef74f73d2893c42f24ae

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001571934.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))