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Companies / Financials / TAO Synergies Inc.
TAOX

TAO Synergies Inc.

FinancialsFinance Services
Ticker TAOXNEW YORK, NYFiscal year ends DecemberBook value per share $1.71Diluted shares 7.5M

TAO Synergies Inc. (Nasdaq Capital Market: TAOX) operates as a diversified company pursuing two distinct strategic initiatives: a cryptocurrency treasury strategy focused on artificial intelligence digital assets and legacy biopharmaceutical development programs. The company's website is located at… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.30M
Last 12 mo $0.77M
-3025.19%
Last 12 mo -1013.48%
$-28.74M
−125.1% year over year
Last 12 mo $-16.65M
-136.51%
+81.2 percentage points
Last 12 mo -130.60%
Cash & financing
$-6.40M
−30.9% year over year
Last 12 mo $-6.20M
$-6.40M
−30.9% year over year
Last 12 mo $-6.20M
—
3.3M
+167.5% year over year
Last 12 mo 7.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TAO Synergies Inc. does

In the company’s own words

TAO Synergies Inc. (Nasdaq Capital Market: TAOX) operates as a diversified company pursuing two distinct strategic initiatives: a cryptocurrency treasury strategy focused on artificial intelligence digital assets and legacy biopharmaceutical development programs. The company's website is located at www.taosynergies.com.

The company was formerly known as Synaptogenix, Inc., which itself was spun off from Neurotrope, Inc. in December 2020. Synaptogenix had operated exclusively as a biopharmaceutical company developing drug candidates for neurodegenerative diseases, particularly Alzheimer's disease. In June 2025, following exploration of strategic opportunities by an independent special committee, the company pivoted toward a cryptocurrency treasury strategy and rebranded as TAO Synergies Inc.

The primary focus of TAO Synergies' current strategy involves accumulating and staking TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and artificial intelligence. The company allocates excess cash—defined as amounts exceeding approximately 1.5 to 2.0 years of projected operating needs—toward purchasing TAO tokens. As of September 2025, approximately 88 percent of the company's treasury holdings were invested in TAO. The company stakes TAO through custodial arrangements with BitGo Bank and Trust, N.A., and engages validators including tao5 and Yuma to facilitate staking activities and earn protocol emissions. The company also launched The TAO Daily in September 2025, a media and news platform dedicated to Bittensor and the TAO ecosystem.

The company's legacy biopharmaceutical operations focus on developing Bryostatin-1, a drug candidate for treating Alzheimer's disease and other neurodegenerative conditions including Fragile X syndrome and multiple sclerosis. The company holds an exclusive non-transferable license to patents and technologies from Cognitive Research Enterprises, Inc. and its affiliate. Previous Phase 2 clinical trials of Bryostatin-1 in moderate to severe Alzheimer's disease patients did not achieve statistical significance on primary endpoints, though secondary analyses showed signals in specific patient subpopulations. The company maintains collaborations with research institutions including Nemours and Cleveland Clinic, though the Cleveland Clinic agreement was terminated in December 2024 to reduce cash burn.

Company details
Sector
Financials
Industry (SIC)
Finance Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1571934
SIC
6199

Financial performance, year by year

Fiscal 2020–2025 · USD
$-31.69M$-22.84M$-13.98M$-5.13M$3.72M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TAO Synergies Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

11
funds hold it
0 of 35
superinvestors hold it
$0.76M
held by funds, at market
2.6%
of shares held by funds

Largest fund holders · TAO Synergies Inc.’s weight in each

VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Dimensional U.S. Small Cap ETF
DFAS · Dimensional ETF Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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