Cyanotech Corp financials
Source: EDGAR filings · Built 2026-06-19T02:14:32Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.44M | -836.00K | -3.17M | 1.11M | 1.62M | 962.00K |
| EBITDA | -1.03M | -3.00M | -1.26M | 4.17M | 1.83M | 2.99M |
| Working Capital | 302.00K | 2.04M | 5.39M | 11.44M | 9.30M | 8.37M |
| Net Debt | 10.31M | 9.20M | 10.19M | 6.13M | 7.04M | 10.12M |
| Gross Margin | 28.40% | 25.77% | 31.32% | 37.72% | 34.37% | 39.81% |
| Operating Margin | -10.36% | -19.90% | -12.60% | 7.16% | 0.26% | 3.30% |
| Net Margin | -13.23% | -22.83% | -14.84% | 5.99% | 2.84% | 1.21% |
| Return on Equity (ROE) | -36.05% | -44.58% | -21.04% | 11.05% | 5.40% | 2.44% |
| Return on Assets (ROA) | -13.64% | -20.97% | -11.57% | 6.72% | 2.98% | 1.22% |
| Current Ratio | 1.03× | 1.24× | 1.67× | 3.37× | 2.60× | 2.32× |
| Debt-to-Equity | 1.19× | 0.84× | 0.68× | 0.45× | 0.63× | 0.79× |
| Effective Tax Rate | -0.25% | -0.13% | -0.53% | 1.28% | 0.33% | 2.27% |
| Cash Conversion Ratio | 0.37× | 0.09× | 0.61× | 1.10× | 2.61× | 3.21× |
| Accruals Ratio | -0.09× | -0.19× | -0.05× | -0.01× | -0.05× | -0.03× |
| SBC % of Revenue | 1.02% | 1.56% | 1.34% | 0.96% | 0.66% | 1.81% |
| CapEx Coverage | -4.83× | -1.19× | -1.97× | 1.87× | 3.06× | 4.42× |
| Free Cash Flow Per Share | $-0.20 | $-0.13 | $-0.51 | $0.18 | $0.27 | $0.16 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 24.21M | 23.07M | 23.18M | 35.97M | 32.34M | 31.90M |
| Cost of Goods and Services Sold | 17.34M | 17.13M | 15.92M | 22.40M | 21.23M | 19.20M |
| Gross Profit | 6.88M | 5.95M | 7.26M | 13.57M | 11.12M | 12.70M |
| Research and Development Expense | 449.00K | 689.00K | 770.00K | 712.00K | 639.00K | 608.00K |
| Operating Expenses | 9.38M | 10.54M | 10.18M | 10.99M | 11.03M | 11.65M |
| Operating Income (Loss) | -2.51M | -4.59M | -2.92M | 2.57M | 84.00K | 1.05M |
| Income Tax Expense (Benefit) | 8.00K | 7.00K | 18.00K | 28.00K | 3.00K | 9.00K |
| Net Income (Loss) Attributable to Parent | -3.20M | -5.27M | -3.44M | 2.15M | 920.00K | 387.00K |
| Earnings Per Share, Basic | $-0.45 | $-0.81 | $-0.55 | $0.35 | $0.15 | $0.06 |
| Weighted Average Number of Shares Outstanding, Basic | 7.07M | 6.53M | 6.24M | 6.16M | 6.07M | 5.96M |
| Earnings Per Share, Diluted | — | $-0.81 | $-0.55 | $0.35 | $0.15 | $0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | — | 6.53M | 6.24M | 6.17M | 6.08M | 5.96M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 257.00K | 707.00K | 974.00K | 2.59M | 3.77M | 2.42M |
| Assets, Current | 10.54M | 10.59M | 13.50M | 16.26M | 15.11M | 14.73M |
| Assets | 23.49M | 25.11M | 29.73M | 32.05M | 30.88M | 31.79M |
| Long-term Debt | 4.71M | 5.46M | 4.46M | 4.94M | 6.17M | 6.87M |
| Liabilities, Current | 10.24M | 8.55M | 8.10M | 4.82M | 5.81M | 6.36M |
| Long-term Debt, Excluding Current Maturities | 1.00M | 1.00M | 1.00M | 4.34M | 4.82M | 6.01M |
| Liabilities | 14.61M | 13.30M | 13.38M | 12.56M | 13.84M | 15.94M |
| Stockholders' Equity Attributable to Parent | 8.88M | 11.81M | 16.35M | 19.49M | 17.04M | 15.85M |
| Common Stock, Shares, Outstanding | 7.20M | 6.95M | 6.27M | 6.20M | 6.12M | 6.01M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.19M | -455.00K | -2.10M | 2.38M | 2.40M | 1.24M |
| Net Cash Provided by (Used in) Investing Activities | -247.00K | -381.00K | -1.07M | -1.27M | -760.00K | -224.00K |
| Net Cash Provided by (Used in) Financing Activities | 990.00K | 569.00K | 1.55M | -2.29M | -290.00K | 558.00K |
Derived Metrics
| Concept | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -306.00K | -350.00K | -141.00K | -1.30M | -306.00K | 196.00K |
| EBITDA | — | -391.00K | -84.00K | 320.00K | -602.00K | -663.00K |
| Working Capital | 39.00K | -255.00K | 302.00K | 602.00K | 550.00K | 207.00K |
| Net Debt | 10.36M | 10.53M | 10.31M | 10.29M | 10.42M | 9.88M |
| Gross Margin | 34.30% | 30.46% | 27.65% | 35.30% | 25.30% | 25.03% |
| Operating Margin | 2.72% | -12.94% | -7.02% | -0.81% | -16.68% | -17.65% |
| Net Margin | 0.01% | -15.91% | -9.95% | -3.63% | -19.67% | -20.38% |
| Return on Equity (ROE) | 0.01% | -11.57% | -7.06% | -2.36% | -11.87% | -11.28% |
| Return on Assets (ROA) | 0.00% | -4.03% | -2.67% | -0.94% | -4.81% | -4.92% |
| Current Ratio | 1.00× | 0.98× | 1.03× | 1.06× | 1.06× | 1.02× |
| Debt-to-Equity | 1.36× | 1.36× | 1.19× | 1.12× | 1.16× | 0.99× |
| Effective Tax Rate | 0.00% | 0.00% | -1.29% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | -220.00× | 0.35× | 0.09× | 5.07× | 0.17× | -0.20× |
| Accruals Ratio | 0.01× | -0.03× | -0.02× | 0.04× | -0.04× | -0.06× |
| SBC % of Revenue | 1.06% | 0.84% | 0.32% | 3.68% | 3.32% | 0.81% |
| CapEx Coverage | -2.56× | -14.91× | -0.68× | -6.97× | -1.91× | 5.17× |
| Free Cash Flow Per Share | $-0.04 | $-0.05 | $-0.02 | $-0.17 | $-0.04 | $0.03 |
Income Statement
| Concept | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 6.98M | 5.82M | 6.30M | 6.17M | 5.84M | 5.90M |
| Cost of Goods and Services Sold | 4.58M | 4.05M | 4.56M | 3.99M | 4.37M | 4.42M |
| Gross Profit | 2.39M | 1.77M | 1.74M | 2.18M | 1.48M | 1.48M |
| Research and Development Expense | 78.00K | 74.00K | 101.00K | 127.00K | 137.00K | 84.00K |
| Operating Expenses | 2.20M | 2.53M | 2.18M | 2.23M | 2.45M | 2.52M |
| Operating Income (Loss) | 190.00K | -753.00K | -442.00K | -50.00K | -975.00K | -1.04M |
| Income Tax Expense (Benefit) | 0 | 0 | 8.00K | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | 1.00K | -926.00K | -627.00K | -224.00K | -1.15M | -1.20M |
| Earnings Per Share, Basic | $0.00 | $-0.13 | $-0.08 | $-0.03 | $-0.16 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Basic | 7.29M | 7.21M | 7.07M | 7.16M | 7.00M | 6.95M |
| Earnings Per Share, Diluted | $0.00 | — | — | — | $-0.16 | $-0.17 |
| Weighted Average Number of Shares Outstanding, Diluted | 7.29M | — | — | — | 7.00M | 6.95M |
Balance Sheet
| Concept | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 649.00K | 383.00K | 257.00K | 359.00K | 780.00K | 720.00K |
| Assets, Current | 11.93M | 10.52M | 10.54M | 10.55M | 10.13M | 10.37M |
| Assets | 24.03M | 23.00M | 23.49M | 23.96M | 23.91M | 24.43M |
| Long-term Debt | 4.22M | 4.45M | 4.71M | 4.92M | 5.09M | 5.28M |
| Liabilities, Current | 11.89M | 10.78M | 10.24M | 9.95M | 9.57M | 10.16M |
| Long-term Debt, Excluding Current Maturities | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 0 |
| Liabilities | 15.96M | 14.99M | 14.61M | 14.46M | 14.22M | 13.77M |
| Stockholders' Equity Attributable to Parent | 8.06M | 8.00M | 8.88M | 9.50M | 9.69M | 10.66M |
| Common Stock, Shares, Outstanding | 7.39M | 7.23M | 7.20M | 7.16M | 7.14M | 6.95M |
Cash Flow Statement
| Concept | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -220.00K | -328.00K | -57.00K | -1.14M | -201.00K | 243.00K |
| Net Cash Provided by (Used in) Investing Activities | -86.00K | -22.00K | -84.00K | -163.00K | -105.00K | -47.00K |
| Net Cash Provided by (Used in) Financing Activities | 698.00K | 476.00K | 39.00K | 951.00K | 379.00K | -183.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CYAN CIK 0000768408),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.