TAOP$0.3017-11.11%
Taoping Inc.
Sector: Services-Prepackaged SoftwareIndustry: Software - InfrastructureCountry: CNExchange: Nasdaq
Mkt Cap:$2.9M
Float & O/S:
Inst Own:
DilutionScan read 25 of Taoping Inc.'s SEC filings and found 2 convertibles, 2 equity lines, 1 shelf registration and 3 completed offerings on file for TAOP. The latest dilution event on file is an offering on Jul 15, 2026. Analysis updated Oct 5, 2026.
Signal8 Summary
TAOP
Going-concern micro-cap with thin cash
Snapshot
Taoping is a small Chinese IoT/software company shrinking its way through a business pivot: FY2025 revenue was $30.8M, down 16% YoY, with a net loss of $10.1M.
What's Happening Right Now
- : H1 2026 revenue fell 32.5% to $11.9M as Taoping exited low-margin hardware and advertising; net loss narrowed to $2.5M, but cash dropped to $1.0M, cash burn widened, going-concern language persists, and the company dismissed auditor PKF Littlejohn for a smaller successor firm.
- : On Sep 24, 2026 subsidiary Skyladder secured over $5.5M in new smart elevator orders, extending a string of similar project wins in its elevator IoT business.
- : On Sep 11, 2026 Taoping registered up to 10 million new shares for an equity incentive plan, adding potential dilution while the FY2025 audit still carries a going-concern warning.
- : On Aug 11, 2026 the President and Chief Marketing Officer both resigned and their roles were eliminated, consolidating leadership under Co-CEO Bin Ma, who was also appointed to the board.
- : On Jul 15, 2026 Taoping issued a $3.195M unsecured convertible note to Streeterville Capital at 7% interest, convertible into shares, with default terms that can increase the balance 15% or push the rate to 18% if conditions aren't met.
