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ENZO BIOCHEM INC

enzo.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2025 10-Q, filed Jun 16, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Nov 14, 2025.

The sections below describe the company as of the FY2024 annual report.

What Did They Do?

Sells labeling and detection products, including antibodies, genomic probes and assays, to academic and clinical researchers, drug developers and diagnostic manufacturers.

How Did They Make Money?

Customers buy single-use products used to identify genomic information; Enzo earns the sale when products ship or are delivered, and payment terms range from 30 to 90 days.

FY2024 revenue

Who Were Their Customers?

Researchers can order directly under Enzo Life Sciences or through Axxora; manufacturers buy under supply agreements, while distributors serve customers in other major markets.

Did Revenues Turn Into Profits?

No. It lost $26.1M in FY2024.

Operating income, FY2024
−39% of revenue
▼ −50% (Loss) vs FY2023 (−$24.7M, −80%)
Net income, FY2024
−82% of revenue
▼ Now a loss vs FY2023 ($20.3M, 65%)

How Were They Changing?

Since the FY2024 annual report
Latest quarter: Q3 FY2025, the three months to Apr 30, 2025
Revenue
▼ −20%
vs $8M in Q3 FY2024
Net income
▼ −8% (Loss)
vs −$3M in Q3 FY2024
  • Aug 20, 2025 Merger closed, ending public trading and changing control of Enzo Enzo's shares converted into cash at $0.70 each, and its common stock stopped trading on over-the-counter markets.

Shrank. Revenue fell 58% in 4 years, from $76M in FY2020 to $31.9M in FY2024, about 20% a year.

Clinical testing ended The older report described a clinical reference laboratory serving physicians, medical centers, other labs and pharmaceutical companies. The latest describes Life Sciences as the primary business after Clinical Labs' assets were sold and clinical services ended.

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