CADIZ INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that CADIZ INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.31M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $9.61M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $1.99M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.50M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $564.0K | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $541.0K | Mar 29, 2022 |
| FY2019 | Dec 31, 2019 | $111.0K | Mar 13, 2020 |
| FY2019 | Sep 30, 2019 | $110.0K | Mar 13, 2020 |
| FY2019 | Jun 30, 2019 | $111.0K | Mar 13, 2020 |
| FY2019 | Mar 31, 2019 | $109.0K | Mar 13, 2020 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $111.0K | Mar 13, 2020 |
| FY2019 | Sep 30, 2019 | $110.0K | Mar 13, 2020 |
| FY2019 | Jun 30, 2019 | $111.0K | Mar 13, 2020 |
| FY2019 | Mar 31, 2019 | $109.0K | Mar 13, 2020 |
| FY2019 | Dec 31, 2018 | $111.0K | Mar 13, 2020 |
| FY2019 | Sep 30, 2018 | $112.0K | Mar 13, 2020 |
| FY2019 | Jun 30, 2018 | $109.0K | Mar 13, 2020 |
| FY2019 | Mar 31, 2018 | $108.0K | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $110.0K | Mar 18, 2019 |
| FY2018 | Sep 30, 2017 | $111.0K | Mar 18, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($34.15M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($31.14M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($31.45M) | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | ($24.79M) | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | ($31.25M) | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | ($37.82M) | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | ($29.53M) | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | ($26.27M) | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | ($33.86M) | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | ($26.34M) | Mar 14, 2018 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($25.60M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($23.25M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($20.94M) | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | ($16.56M) | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | ($17.51M) | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | ($11.75M) | Mar 29, 2022 |
| FY2019 | Dec 31, 2019 | ($2.91M) | Mar 13, 2020 |
| FY2019 | Sep 30, 2019 | ($2.96M) | Mar 13, 2020 |
| FY2019 | Jun 30, 2019 | ($3.24M) | Mar 13, 2020 |
| FY2019 | Mar 31, 2019 | ($2.88M) | Mar 13, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($18.93M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($21.53M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($20.92M) | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | ($18.60M) | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | ($15.27M) | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | ($13.43M) | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | ($13.71M) | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | ($12.19M) | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | ($10.47M) | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | ($9.51M) | Mar 14, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.58M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $934.0K | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $5.79M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.38M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $22.91M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $5.73M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $1.60M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.73M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $1.01M | Mar 18, 2019 |
| FY2017 | Dec 31, 2015 | $906.0K | Mar 14, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $140.91M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $134.49M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $107.37M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $110.79M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $112.49M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $74.36M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $76.72M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $69.31M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $66.51M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $67.10M | Mar 14, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $117.66M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $100.53M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $67.41M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $76.56M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $71.88M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $99.66M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $158.84M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $155.55M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $145.20M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $121.42M | Mar 14, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.26M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $33.96M | Mar 31, 2026 |
| FY2025 | Dec 31, 2023 | $39.97M | Mar 31, 2026 |
| FY2024 | Dec 31, 2022 | $34.22M | Mar 28, 2025 |
| FY2023 | Dec 31, 2021 | $40.61M | Mar 28, 2024 |
| FY2022 | Dec 31, 2020 | ($25.30M) | Mar 30, 2023 |
| FY2021 | Dec 31, 2019 | ($82.12M) | Mar 29, 2022 |
| FY2020 | Dec 31, 2018 | ($86.24M) | Mar 26, 2021 |
| FY2019 | Dec 31, 2017 | ($78.70M) | Mar 13, 2020 |
| FY2018 | Dec 31, 2016 | ($54.32M) | Mar 18, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.71M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $5.71M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $5.71M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $5.71M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $3.81M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $3.81M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $3.81M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $3.81M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $3.81M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $3.81M | Mar 14, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($692.19M) | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | ($676.10M) | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | ($639.85M) | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | ($603.30M) | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | ($573.40M) | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | ($539.41M) | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | ($501.60M) | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | ($470.01M) | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | ($443.74M) | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | ($409.87M) | Mar 14, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.60M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | $17.29M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | $4.50M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | $10.00M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | $10.97M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | $7.29M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | $15.68M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $12.56M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | $13.03M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $12.17M | Mar 14, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $78.31M | Mar 31, 2026 |
| FY2024 | Dec 31, 2024 | $60.63M | Mar 28, 2025 |
| FY2023 | Dec 31, 2023 | $38.45M | Mar 28, 2024 |
| FY2022 | Dec 31, 2022 | $50.29M | Mar 30, 2023 |
| FY2021 | Dec 31, 2021 | $50.17M | Mar 29, 2022 |
| FY2020 | Dec 31, 2020 | $79.01M | Mar 26, 2021 |
| FY2019 | Dec 31, 2019 | $137.90M | Mar 13, 2020 |
| FY2018 | Dec 31, 2018 | $155.49M | Mar 18, 2019 |
| FY2017 | Dec 31, 2017 | $147.08M | Mar 14, 2018 |
| FY2016 | Dec 31, 2016 | $125.40M | Mar 16, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 30, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 83.21M | Mar 31, 2026 |
| FY2025 | Dec 31, 2024 | 75.35M | Mar 31, 2026 |
| FY2024 | Dec 31, 2023 | 66.71M | Mar 28, 2025 |
| FY2023 | Dec 31, 2022 | 55.82M | Mar 28, 2024 |
| FY2022 | Dec 31, 2021 | 43.66M | Mar 30, 2023 |
| FY2021 | Dec 31, 2020 | 36.90M | Mar 29, 2022 |
| FY2020 | Dec 31, 2019 | 28.48M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | 24.65M | Mar 13, 2020 |
| FY2018 | Dec 31, 2017 | 22.99M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | 21.77M | Mar 14, 2018 |