CDZI
Cadiz Inc.
NASDAQ · Utilities · Regulated Water · US
$4.14
+3.24%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 11.8M | 16.3M | 9.6M | 2.0M | 1.5M |
| Cost of Revenue | 8.6M | 11.2M | 7.3M | 2.9M | 2.1M |
| Gross Profit | 3.2M | 5.2M | 2.3M | (896.0K) | (566.0K) |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 29.7M | 29.5M | 24.3M | 18.8M | 15.3M |
| General & Admin Expense | 29.7M | 29.5M | 24.3M | 18.8M | 15.3M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 1.4M | 1.3M | 1.2M | 1.2M | 654.0K |
| Total Operating Expenses | 31.2M | 30.7M | 25.6M | 20.0M | 16.0M |
| Cost and Expenses | 39.8M | 41.9M | 32.9M | 22.9M | 18.1M |
| Operating Income (EBIT) | (28.0M) | (25.6M) | (23.2M) | (20.9M) | (16.6M) |
| Non-Operating | |||||
| Interest Income | 250.0K | 477.0K | 124.0K | 631.0K | — |
| Interest Expense | 5.2M | 9.1M | 8.0M | 5.6M | 8.3M |
| Net Interest Income | (4.9M) | (8.6M) | (7.9M) | (4.9M) | (8.3M) |
| Other Non-Op Income/Expense | (8.9M) | (8.5M) | (7.9M) | (10.5M) | (8.2M) |
| Non-Operating Income (excl Interest) | (619.0K) | (572.0K) | (431.0K) | 4.9M | (40.0K) |
| EBT (Pre-Tax Income) | (36.8M) | (34.1M) | (31.1M) | (31.4M) | (24.8M) |
| Income Tax Expense | 1.0K | (11.0K) | 11.0K | 11.0K | 7.0K |
| Bottom Line | |||||
| Net Income | (36.8M) | (34.1M) | (31.1M) | (31.4M) | (24.8M) |
| Earnings from Cont. Ops | (36.8M) | (34.1M) | (31.1M) | (31.4M) | (24.8M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (40.6M) | (34.1M) | (36.2M) | (36.6M) | (29.9M) |
| Per Share | |||||
| Basic EPS | ($0.50) | ($0.48) | ($0.53) | ($0.56) | ($0.60) |
| Diluted EPS | ($0.50) | ($0.48) | ($0.53) | ($0.56) | ($0.60) |
| Revenue Per Share | $0.14 | $0.20 | $0.14 | $0.03 | $0.03 |
| Shares | |||||
| Basic Shares Outstanding | 84.1M | 81.1M | 68.8M | 65.7M | 49.9M |
| Diluted Shares Outstanding | 84.1M | 81.1M | 68.8M | 65.7M | 49.9M |
| Profitability Metrics | |||||
| EBITDA | (25.6M) | (23.4M) | (21.4M) | (24.5M) | (15.8M) |
| D&A | 1.7M | 1.6M | 1.4M | 1.4M | 672.0K |
| EBIT | (27.3M) | (25.0M) | (22.8M) | (25.9M) | (16.5M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026