All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
TAOPING INC. Last Reported: 12/31/2023 Stock Symbol: TAOP

Business Address

21ST FLOOR, EVERBRIGHT BANK BUILDING
ZHUZILIN, FUTIAN DISTRICT, GUANGDONG
SHENZHEN , CN 518040

Mailing Address

21ST FLOOR, EVERBRIGHT BANK BUILDING
ZHUZILIN, FUTIAN DISTRICT, GUANGDONG
SHENZHEN , CN 518040
Phone Number: (86) 755-8831-9888 / State Incorporated: / Fiscal Year End 12 /31

Balance Sheet

Date 6/30/2023 12/31/2022 6/30/2022 6/30/2021 12/31/2020 6/30/2020 12/31/2019 6/30/2019 12/31/2018 6/30/2018 12/31/2017 6/30/2017 12/31/2016 12/31/2015 12/31/2014 12/31/2013 12/31/2012 12/31/2011 12/31/2010 12/31/2009
Cash and Cash Equivalents $460,147.00 $1,000,000.00 $753,717.00 $800,000.00 $882,770.00 $286,795.00 $1,519,666.00 $1,279,189.00 $1,653,260.00 $3,043,874.00 $3,260,808.00 $2,327,865.00 $3,752,375.00 $3,786,846.00 $11,189,191.00 $11,083,592.00 $10,747,998.00 $14,019,634.00 $18,166,857.00 $13,478,633.00
Accounts Receivable Net Current -- $9,201,245.00 $7,887,069.00 $2,707,994.00 $4,264,257.00 $3,928,244.00 $4,926,081.00 $8,139,107.00 $7,995,931.00 $6,923,695.00 $5,267,752.00 -- $3,019,349.00 $3,180,138.00 $23,813,678.00 $22,716,298.00 $85,958,886.00 $103,342,459.00 -- --
Inventory $5,781,338.00 $356,358.00 $1,746,323.00 $1,366,594.00 $254,678.00 $236,533.00 $302,938.00 $482,658.00 $693,677.00 $596,783.00 $631,610.00 -- $1,477,783.00 $2,141,093.00 $5,418,446.00 $15,655,723.00 $16,797,673.00 $22,317,260.00 -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $20,215,412.00 $19,395,699.00 $16,838,164.00 $28,736,299.00 $12,429,734.00 $14,613,491.00 $19,031,836.00 $30,337,811.00 $28,877,700.00 $22,911,246.00 $21,518,685.00 -- $15,645,187.00 $33,889,048.00 $85,012,620.00 $81,211,761.00 $143,784,382.00 $169,661,098.00 -- --
Property Plant and Equipement $6,762,448.00 $7,833,902.00 $18,488,573.00 $18,599,830.00 $10,851,899.00 $10,929,829.00 $11,835,516.00 $10,481,167.00 $11,599,416.00 $11,291,285.00 $11,830,698.00 -- $8,674,850.00 $8,372,961.00 $12,803,185.00 $31,531,027.00 $66,269,320.00 $91,161,093.00 -- --
Intangible Assets Net -- -- -- -- -- -- $1,496.00 $7,569.00 $59,921.00 $380,915.00 $808,707.00 -- $1,556,306.00 $2,530,103.00 $15,459,340.00 $14,307,939.00 $14,416,976.00 $14,380,459.00 -- --
Goodwill $58,922.00 $58,922.00 $179,795.00 -- -- -- -- -- -- -- -- -- -- $4,753,454.00 $24,133,230.00 $27,719,869.00 $27,622,490.00 $53,983,687.00 -- --
Other Assets $1,240,191.00 $1,775,540.00 $2,798,887.00 $3,790,167.00 $4,302,000.00 $3,903,021.00 $4,304,640.00 -- -- $3,269,967.00 $3,326,319.00 -- $8,267,016.00 $2,065,000.00 -- -- -- -- -- --
Total Assets $28,378,157.00 $29,208,815.00 $39,487,732.00 $52,871,251.00 $30,776,651.00 $32,285,556.00 $40,615,546.00 $41,309,278.00 $41,615,814.00 $37,898,727.00 $37,639,430.00 -- $34,286,999.00 $66,091,704.00 $179,405,809.00 $189,238,990.00 $287,421,889.00 $361,792,142.00 -- --
Accounts Payable -- $2,287,244.00 $4,788,316.00 $14,985,772.00 $14,857,436.00 $11,548,461.00 $12,586,696.00 $12,536,277.00 $11,700,763.00 $8,753,651.00 $6,844,440.00 -- $5,993,211.00 $6,943,248.00 $20,810,765.00 $17,857,866.00 $20,289,783.00 $19,013,509.00 -- --
Accrued Liabilities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Current Liabilities $18,914,951.00 $19,592,123.00 $22,566,491.00 $31,972,266.00 -- $24,673,246.00 $26,007,161.00 $25,181,084.00 $24,011,887.00 $21,315,459.00 $23,121,938.00 -- $21,484,751.00 $35,637,467.00 $140,827,000.00 $129,059,540.00 $123,407,956.00 $109,252,456.00 -- --
Long Term Debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital $22,447,083.00 $22,447,083.00 $22,447,083.00 $26,914,305.00 $15,643,404.00 $16,746,986.00 $16,461,333.00 -- $15,782,904.00 -- -- -- -- -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss $23,516,659.00 $23,610,333.00 $23,171,543.00 $23,675,886.00 $23,612,413.00 $22,907,323.00 $23,022,845.00 $23,215,631.00 $23,218,159.00 $23,754,044.00 $24,201,766.00 -- $23,994,357.00 $24,551,707.00 $24,755,457.00 $25,070,226.00 $21,811,064.00 $19,925,259.00 -- --
Accumulated Deficit $-209,863,637.00 $-208,054,607.00 $-204,137,958.00 $-206,310,884.00 $-192,212,544.00 $-182,194,414.00 $-174,517,769.00 $-172,750,711.00 $-170,935,437.00 $-170,390,549.00 $-172,395,246.00 $104,000.00 $-173,149,696.00 $-154,979,095.00 $-142,910,476.00 $-113,513,766.00 $5,804,023.00 $95,600,619.00 -- --
Total Stockholders' Equity $9,463,206.00 $9,616,692.00 $16,921,241.00 $12,639,587.00 $-7,664,671.00 $-1,476,680.00 $5,267,834.00 $6,788,462.00 $8,256,891.00 $7,276,874.00 $5,383,487.00 -- $3,708,163.00 $20,684,520.00 $19,508,247.00 $37,348,774.00 $142,684,216.00 $230,866,530.00 -- --
Controlling Interest in Subsidiaries -- -- -- $8,259,398.00 $8,640,871.00 $9,088,990.00 $9,340,551.00 $9,339,732.00 $9,347,036.00 $9,306,394.00 $9,134,005.00 -- $9,094,085.00 $9,409,717.00 $17,645,562.00 $20,655,676.00 $21,329,717.00 $21,673,156.00 -- --
Total Liabilities and Equity $28,378,157.00 $29,208,815.00 $39,487,732.00 $52,871,251.00 $30,776,651.00 $32,285,556.00 $40,615,546.00 $41,309,278.00 $41,615,814.00 $37,898,727.00 $37,639,430.00 -- $34,286,999.00 $66,091,704.00 $179,405,809.00 $189,238,990.00 $287,421,889.00 $361,792,142.00 -- --

Statement of Operations

Date 6/30/2023 12/31/2022 6/30/2022 6/30/2021 12/31/2020 6/30/2020 12/31/2019 6/30/2019 12/31/2018 6/30/2018 12/31/2017 6/30/2017 12/31/2016 12/31/2015 12/31/2014 12/31/2013 12/31/2012 12/31/2011 12/31/2010 12/31/2009
Total Revenues -- -- -- -- -- -- -- -- -- $11,364,033.00 $18,189,274.00 $5,732,064.00 $10,193,590.00 $10,284,868.00 $68,157,699.00 $76,145,384.00 $86,377,455.00 $114,535,553.00 $163,845,597.00 --
Cost of Revenues $10,203,109.00 $17,003,414.00 $6,836,895.00 $4,287,336.00 $7,119,125.00 $2,270,345.00 $7,189,092.00 $3,966,546.00 $10,924,246.00 $6,098,127.00 $9,867,508.00 $3,298,620.00 $7,607,190.00 $6,381,205.00 $45,688,175.00 $58,870,240.00 $65,877,975.00 $70,216,049.00 $93,282,442.00 --
Gross Profit $3,874,900.00 $7,230,049.00 $3,699,761.00 $2,138,241.00 $3,943,650.00 $1,467,005.00 $6,602,211.00 $3,115,671.00 $9,654,094.00 $5,265,906.00 $8,321,766.00 $2,433,444.00 $2,586,400.00 $3,903,663.00 $22,469,524.00 $17,275,144.00 $20,499,480.00 $44,319,504.00 $70,563,155.00 --
Research and Development $1,585,894.00 $3,606,653.00 $2,050,609.00 $2,260,274.00 $3,889,126.00 $1,802,747.00 $3,592,843.00 $1,907,116.00 $4,756,088.00 $2,484,574.00 $4,031,313.00 $1,943,445.00 $3,044,972.00 $3,446,867.00 $3,037,161.00 $2,915,641.00 $4,951,166.00 $4,483,754.00 $3,016,693.00 --
Selling, General, and Administrative -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Total Operating Expenses -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Loss from Operations $-1,676,233.00 $-3,165,637.00 $-3,532,531.00 $-13,922,205.00 $-17,366,729.00 $-7,543,844.00 $-4,172,161.00 $-2,230,813.00 $168,824.00 $802,138.00 $-450,703.00 $-1,360,450.00 $-14,577,928.00 $-26,963,357.00 $-29,959,364.00 $-119,376,579.00 $-85,679,913.00 $9,527,133.00 $42,563,452.00 --
Loss Before Income Taxes $-1,755,790.00 $-512,502.00 $-1,996,272.00 $-14,464,039.00 $-18,402,524.00 $-8,010,550.00 $-3,868,741.00 $-2,092,770.00 $677,555.00 $886,528.00 $-131,034.00 $-1,031,067.00 $-18,466,633.00 -- -- -- -- -- -- --
Earnings Per Share Basic $-1.10 $-0.45 $-0.13 $-1.31 $-2.40 $-1.08 $-0.09 $-0.04 $0.04 $0.05 $0.02 -- $-0.45 $-0.22 $-0.96 $-4.36 -- -- -- --
Weighted Average Shares Basic 1,638,052 15,582,501 15,320,468 10,761,008 7,373,347 7,075,611 41,788,437 41,760,163 40,859,626 40,690,019 40,231,159 40,231,159 40,175,439 -- -- 27,356,504 27,017,780 26,737,638 25,907,217 --
Earnings Per Share Diluted $-1.10 $-0.45 $-0.13 $-1.31 $-2.40 $-1.08 $-0.09 $-0.04 $0.04 $0.05 $0.02 -- $-0.45 $-0.22 $-0.96 $-4.36 -- -- -- --
Weighted Average Shares Diluted 1,638,052 15,582,501 15,320,468 10,761,008 7,373,347 7,075,611 41,788,437 41,760,163 41,565,580 41,712,684 40,333,646 40,231,159 40,175,439 -- -- 27,356,504 27,017,780 26,965,006 26,072,506 --
Common Stock Shares Authorized 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 -- 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 -- --
Common Stock Shares Outstanding 1,844,089 15,600,789 15,590,789 13,646,360 8,486,956 7,332,434 42,000,163 41,760,163 41,760,163 40,760,163 40,231,159 -- 40,231,159 39,211,364 31,768,875 28,641,528 27,007,608 27,230,835 -- --
Common Stock Value $163,154,015.00 $161,404,797.00 $161,396,304.00 $154,316,011.00 $131,247,787.00 $127,019,156.00 $126,257,156.00 $126,146,996.00 $126,146,996.00 $124,646,996.00 $123,950,544.00 -- $426,744.00 $416,546.00 $335,271.00 $309,076.00 $286,326.00 $286,326.00 -- --
Common Stock Par Or Stated Value Per Share -- -- -- -- -- -- -- -- -- -- -- -- $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 -- --
Payments Of Dividends Common Stock -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Outstanding -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Value -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
Share Price -- -- -- -- -- -- -- -- -- -- $0.99 $0.99 $1.21 -- -- -- -- -- -- --
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