Financial Snapshot

Revenue
$9.368M
TTM
Gross Margin
34.85%
TTM
Net Earnings
-$8.446M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
102.33%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.121M
Q3 2024
Cash
Q3 2024
P/E
-1.937
Nov 29, 2024 EST
Free Cash Flow
-$7.267M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $7.900M $4.803K $0.00 $0.00
YoY Change 164380.53%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $7.900M $4.803K $0.00 $0.00
Cost Of Revenue $1.741M $467.00
Gross Profit $791.6K $4.336K
Gross Profit Margin 10.02% 90.28%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $6.791M $2.727M $880.8K $994.3K
YoY Change 149.01% 209.62% -11.42%
% of Gross Profit 857.82% 62893.7%
Research & Development $1.500M $1.100M $1.326M $1.610M
YoY Change 36.36% -17.05% -17.64%
% of Gross Profit 189.48% 25369.0%
Depreciation & Amortization $233.1K $10.18K $4.820K $22.24K
YoY Change 2189.43% 111.2% -78.33%
% of Gross Profit 29.44% 234.78%
Operating Expenses $10.51M $4.015M $2.207M $2.604M
YoY Change 161.64% 81.95% -15.27%
Operating Profit -$7.973M -$4.011M -$2.207M
YoY Change 98.78% 81.76%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $37.13K $2.533M -$4.357M -$4.662M
YoY Change -98.53% -158.13% -6.54%
% of Operating Profit
Other Income/Expense, Net $57.21K -$4.141M
YoY Change -101.38%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$7.916M -$8.152M -$6.324M -$7.266M
YoY Change -2.89% 28.89% -12.96%
Income Tax $20.99K $2.459K $1.950K $2.750K
% Of Pretax Income
Net Earnings -$7.937M -$8.154M -$6.326M -$7.269M
YoY Change -2.66% 28.89% -12.96%
Net Earnings / Revenue -100.47% -169771.25%
Basic Earnings Per Share -$0.91 -$1.81 -$2.36
Diluted Earnings Per Share -$0.91 -$1.81 -$4.218M -$4.846M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $2.822M $11.41M $1.361M $83.11K
YoY Change -75.28% 738.85% 1537.16%
Cash & Equivalents $2.822M $11.41M $1.361M $83.11K
Short-Term Investments
Other Short-Term Assets $321.0K $531.9K $76.07K $34.02K
YoY Change -39.65% 599.22% 123.6%
Inventory $18.48K $5.540K
Prepaid Expenses
Receivables $811.7K $10.49K $1.530K $1.530K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $3.973M $11.96M $1.438M $118.7K
YoY Change -66.79% 731.7% 1112.06%
Property, Plant & Equipment $1.995M $214.4K $4.630K $9.450K
YoY Change 830.23% 4531.53% -51.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $849.5K $6.000K $10.44K $17.50K
YoY Change 14058.83% -42.53% -40.34%
Total Long-Term Assets $4.249M $220.4K $15.08K $26.95K
YoY Change 1827.42% 1361.8% -44.04%
Total Assets $8.222M $12.18M $1.453M $145.6K
YoY Change
Accounts Payable $604.8K $345.0K $230.4K $191.4K
YoY Change 75.28% 49.75% 20.39%
Accrued Expenses $1.245M $541.9K $1.605M $976.1K
YoY Change 129.66% -66.24% 64.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $251.7K $11.20M $9.953M
YoY Change -100.0% -97.75% 12.57%
Long-Term Debt Due $365.5K
YoY Change
Total Short-Term Liabilities $2.248M $1.139M $13.04M $11.12M
YoY Change 97.41% -91.27% 17.25%
Long-Term Debt $835.5K $0.00 $160.2K $53.47K
YoY Change -100.0% 199.57%
Other Long-Term Liabilities $283.0K
YoY Change
Total Long-Term Liabilities $1.118M $0.00 $160.2K $53.47K
YoY Change -100.0% 199.57%
Total Liabilities $3.366M $1.139M $13.20M $11.17M
YoY Change 195.63% -91.37% 18.13%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 8.748M shares 4.499M shares 2.675M shares
Diluted Shares Outstanding 8.748M shares 4.499M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $16.364 Million

About bioAffinity Technologies, Inc.

bioAffinity Technologies, Inc. operates as a development-stage company addressing the significant unmet need for non-invasive, early-stage cancer diagnosis and treatment. The company is headquartered in San Antonio, Texas and currently employs 75 full-time employees. The company went IPO on 2022-08-26. The firm addresses the need for noninvasive diagnosis of early-stage cancer and diseases of the lung and broad-spectrum cancer treatment. Its segments include Diagnostic Research and Development (R&D) and Laboratory Services. Its Diagnostic R&D segment includes research and development and clinical development on diagnostic tests. Its Laboratory services include all the operations of Village Oaks and PPLS, in addition to sales and marketing of CyPath Lung from bioAffinity. Its first product, CyPath Lung, addresses the need for noninvasive detection of early-stage lung cancer. The CyPath Lung test enables physicians to more confidently identify patients who will likely benefit from timely intervention and more invasive follow-up procedures and those who are likely without lung cancer and should continue routine screening.

Industry: Services-Commercial Physical & Biological Research Peers: Aprea Therapeutics, Inc. Aptevo Therapeutics Inc. Old Ayala, Inc Cabaletta Bio, Inc. Vyant Bio, Inc. Innovation Pharmaceuticals Inc. Cyclacel Pharmaceuticals, Inc. NexImmune, Inc. Sigilon Therapeutics, Inc.