$CDZI
CADIZ INC

2024 Q3 Form 10-Q Financial Statement

#000143774924026172 Filed on August 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $3.224M $513.0K
YoY Change 776.09% -36.59%
Cost Of Revenue $2.409M $852.0K
YoY Change 248.12% 10.94%
Gross Profit $815.0K -$339.0K
YoY Change -351.54% -926.83%
Gross Profit Margin 25.28% -66.08%
Selling, General & Admin $5.275M $6.305M
YoY Change 2.83% 18.52%
% of Gross Profit 647.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $307.0K $305.0K
YoY Change -0.97% 0.0%
% of Gross Profit 37.67%
Operating Expenses $5.582M $6.610M
YoY Change 2.61% 17.51%
Operating Profit -$4.767M -$6.949M
YoY Change -17.23% 24.44%
Interest Expense $2.023M $1.921M
YoY Change 72.46% 43.57%
% of Operating Profit
Other Income/Expense, Net $20.00K
YoY Change
Pretax Income -$6.790M -$8.870M
YoY Change -2.05% 25.6%
Income Tax $3.000K $2.000K
% Of Pretax Income
Net Earnings -$6.793M -$8.872M
YoY Change -2.06% 25.59%
Net Earnings / Revenue -210.7% -1729.43%
Basic Earnings Per Share -$0.12 -$0.15
Diluted Earnings Per Share -$0.12 -$0.15
COMMON SHARES
Basic Shares Outstanding 67.90M 67.79M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.326M $10.10M
YoY Change -74.99% -47.49%
Cash & Equivalents $3.326M $10.10M
Short-Term Investments
Other Short-Term Assets $1.090M $1.006M
YoY Change 36.25% -47.08%
Inventory $4.346M $4.497M
Prepaid Expenses
Receivables $3.243M $1.619M
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.01M $17.22M
YoY Change -27.79% -25.7%
LONG-TERM ASSETS
Property, Plant & Equipment $86.76M $87.03M
YoY Change 1.43% 1.87%
Goodwill $5.714M $5.714M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.334M $5.365M
YoY Change -4.1% -1.97%
Total Long-Term Assets $100.5M $100.9M
YoY Change 2.78% 3.29%
TOTAL ASSETS
Total Short-Term Assets $12.01M $17.22M
Total Long-Term Assets $100.5M $100.9M
Total Assets $112.6M $118.1M
YoY Change -1.66% -2.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.787M $1.901M
YoY Change 9.9% 63.46%
Accrued Expenses $1.987M $2.309M
YoY Change 67.82% 42.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $138.0K $155.0K
YoY Change -28.5% 21.09%
Total Short-Term Liabilities $8.845M $9.117M
YoY Change 49.16% 58.06%
LONG-TERM LIABILITIES
Long-Term Debt $55.70M $54.72M
YoY Change 48.95% 48.21%
Other Long-Term Liabilities $44.00K $43.00K
YoY Change 12.82% 13.16%
Total Long-Term Liabilities $55.74M $54.77M
YoY Change 48.91% 48.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.845M $9.117M
Total Long-Term Liabilities $55.74M $54.77M
Total Liabilities $91.85M $90.54M
YoY Change 37.51% 32.71%
SHAREHOLDERS EQUITY
Retained Earnings -$666.2M -$658.1M
YoY Change 5.44% 5.54%
Common Stock $679.0K $676.0K
YoY Change 2.26% 1.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.70M $27.57M
YoY Change
Total Liabilities & Shareholders Equity $112.6M $118.1M
YoY Change -1.66% -2.27%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$6.793M -$8.872M
YoY Change -2.06% 25.59%
Depreciation, Depletion And Amortization $307.0K $305.0K
YoY Change -0.97% 0.0%
Cash From Operating Activities -$5.386M -$7.063M
YoY Change -2.6% 21.73%
INVESTING ACTIVITIES
Capital Expenditures $55.00K $281.0K
YoY Change -90.98% -72.1%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$55.00K -$281.0K
YoY Change -90.98% -72.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.335M -1.766M
YoY Change 23.61% 35.22%
NET CHANGE
Cash From Operating Activities -5.386M -7.063M
Cash From Investing Activities -55.00K -281.0K
Cash From Financing Activities -1.335M -1.766M
Net Change In Cash -6.776M -9.110M
YoY Change -6.15% 12.26%
FREE CASH FLOW
Cash From Operating Activities -$5.386M -$7.063M
Capital Expenditures $55.00K $281.0K
Free Cash Flow -$5.441M -$7.344M
YoY Change -11.38% 7.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-5584000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
1128000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7062000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-7064000 usd
CY2023Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1288000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8352000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Operating Income Loss
OperatingIncomeLoss
-9736000 usd
us-gaap Interest Expense
InterestExpense
2464000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17751000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000 usd
us-gaap Net Income Loss
NetIncomeLoss
-17755000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2553000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20308000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
329
CY2024Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
329
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
329
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
329
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
85000000
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67800188
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67800188
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
66710795
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
66710795
CY2024Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08875 pure
CY2024Q1 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
550
CY2024Q2 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08875 pure
CY2024Q2 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
560
CY2023Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08875 pure
CY2023Q1 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
550
CY2023Q2 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08875 pure
CY2023Q2 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
560
CY2024Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 pure
CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 usd
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67800188
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-12114
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
77-0313235
dei Entity Address Address Line1
EntityAddressAddressLine1
550 South Hope Street, Suite 2850
dei Entity Address City Or Town
EntityAddressCityOrTown
Los Angeles
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90071
dei City Area Code
CityAreaCode
213
dei Local Phone Number
LocalPhoneNumber
271-1600
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
67896161
CY2024Q2 us-gaap Revenues
Revenues
513000 usd
CY2023Q2 us-gaap Revenues
Revenues
809000 usd
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
852000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
768000 usd
CY2024Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6305000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5320000 usd
CY2024Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
305000 usd
CY2023Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
305000 usd
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
7462000 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
6393000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6949000 usd
CY2024Q2 us-gaap Interest Expense
InterestExpense
1921000 usd
CY2024Q2 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
-0 usd
CY2023Q2 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
350000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8870000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-8872000 usd
CY2024Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1288000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10160000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2024Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
67771000
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
66606000
us-gaap Revenues
Revenues
1634000 usd
us-gaap Revenues
Revenues
939000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1856000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11035000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9251000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
600000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
634000 usd
us-gaap Costs And Expenses
CostsAndExpenses
13491000 usd
us-gaap Costs And Expenses
CostsAndExpenses
10675000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-11857000 usd
us-gaap Interest Expense
InterestExpense
3860000 usd
us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
-0 usd
us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
220000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5331000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15717000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 usd
us-gaap Net Income Loss
NetIncomeLoss
-15722000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2553000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18275000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
67384000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
64633000
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10102000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4502000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1619000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
904000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
4497000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2106000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1006000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
508000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
17224000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
8020000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87034000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87217000 usd
CY2024Q2 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
420000 usd
CY2023Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
420000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
5714000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
5714000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2221000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
431000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
134000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
134000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5365000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5438000 usd
CY2024Q2 us-gaap Assets
Assets
118112000 usd
CY2023Q4 us-gaap Assets
Assets
107374000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1901000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1245000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2309000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1170000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
155000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
182000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
1288000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
1288000 usd
CY2024Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1450000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1450000 usd
CY2024Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1843000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
373000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
171000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
127000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
9117000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5835000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
54724000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
37711000 usd
CY2024Q2 cdzi Lessor Operating Lease Deposit Liabilities
LessorOperatingLeaseDepositLiabilities
24055000 usd
CY2023Q4 cdzi Lessor Operating Lease Deposit Liabilities
LessorOperatingLeaseDepositLiabilities
22877000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1976000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
318000 usd
CY2024Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
625000 usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
625000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
43000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
90540000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
67407000 usd
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
1000 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
1000 usd
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
676000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
665000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
685019000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
679150000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-658125000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-639850000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
27572000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
39967000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
118112000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
107374000 usd
us-gaap Net Income Loss
NetIncomeLoss
-15722000 usd
us-gaap Net Income Loss
NetIncomeLoss
-17755000 usd
us-gaap Depreciation
Depreciation
600000 usd
us-gaap Depreciation
Depreciation
634000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
611000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
273000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
66000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
59000 usd
cdzi Paid In Kind Interest Added To Loan Principal
PaidInKindInterestAddedToLoanPrincipal
1024000 usd
cdzi Paid In Kind Interest Added To Loan Principal
PaidInKindInterestAddedToLoanPrincipal
435000 usd
cdzi Paid In Kind Interest Added To Lease Liability
PaidInKindInterestAddedToLeaseLiability
1166000 usd
cdzi Paid In Kind Interest Added To Lease Liability
PaidInKindInterestAddedToLeaseLiability
1032000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
307000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-0 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-220000 usd
cdzi Gains Losses On Debt Conversion And Extinguishment Of Debt
GainsLossesOnDebtConversionAndExtinguishmentOfDebt
-0 usd
cdzi Gains Losses On Debt Conversion And Extinguishment Of Debt
GainsLossesOnDebtConversionAndExtinguishmentOfDebt
-5331000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2380000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
489000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
715000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
426000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2391000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
849000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
498000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
233000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-73000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
443000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
670000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
816000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-154000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-53000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1470000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
1177000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
599000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9936000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9871000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
467000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3213000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-467000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3213000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
38490000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
2553000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
2553000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
20000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
98000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15088000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1294000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
27000 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
-0 usd
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
600000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
52000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
261000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16003000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19961000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6877000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4636000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13782000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10236000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20659000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
39967000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1207000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
887000 usd
CY2024Q1 cdzi Stock Issued During Period Value Issued To Lenders
StockIssuedDuringPeriodValueIssuedToLenders
480000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
257000 usd
CY2024Q1 cdzi Adjustment To Additional Paidin Capital Extinguishment Of Debt
AdjustmentToAdditionalPaidinCapitalExtinguishmentOfDebt
1928000 usd
CY2024Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1265000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-6850000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
36611000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1121000 usd
CY2024Q2 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1288000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-8872000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
27572000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
34223000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
65000 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
38490000 usd
CY2023Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1265000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-10691000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
60822000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
164000 usd
CY2023Q2 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1288000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-7064000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
52634000 usd
us-gaap Net Income Loss
NetIncomeLoss
-15700000 usd
us-gaap Net Income Loss
NetIncomeLoss
-17800000 usd
CY2024Q2 cdzi Working Capital
WorkingCapital
8100000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9900000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5300000 usd
us-gaap Interest Paid
InterestPaid
737000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
1024000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10102000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4502000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19237000 usd
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
1288000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
134000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
134000 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
134000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10236000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4636000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20659000 usd
CY2024Q2 us-gaap Revenues
Revenues
513000 usd
CY2024Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
852000 usd
CY2024Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6305000 usd
CY2024Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
305000 usd
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
7462000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6949000 usd
CY2023Q2 us-gaap Revenues
Revenues
809000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
768000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5320000 usd
CY2023Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
305000 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
6393000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-5584000 usd
us-gaap Revenues
Revenues
1634000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1856000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11035000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
600000 usd
us-gaap Costs And Expenses
CostsAndExpenses
13491000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-11857000 usd
us-gaap Revenues
Revenues
939000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
790000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9251000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
634000 usd
us-gaap Costs And Expenses
CostsAndExpenses
10675000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-9736000 usd
CY2024Q1 us-gaap Assets
Assets
118112000 usd
CY2023Q4 us-gaap Assets
Assets
107374000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
5714000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
5714000 usd
CY2024Q1 cdzi Adjustment To Additional Paidin Capital Extinguishment Of Debt
AdjustmentToAdditionalPaidinCapitalExtinguishmentOfDebt
1900000 usd
CY2021Q2 cdzi Water Supply Agreement Number Of Acrefeet Of Water Per Annum To Customer
WaterSupplyAgreementNumberOfAcrefeetOfWaterPerAnnumToCustomer
9500 pure
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2380000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
489000 usd
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11071000
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5029000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10075000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5029000
CY2024Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1450000 usd
CY2024Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1450000 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67800188
us-gaap Payments Of Dividends
PaymentsOfDividends
14214000 usd

Files In Submission

Name View Source Status
0001437749-24-026172-index-headers.html Edgar Link pending
0001437749-24-026172-index.html Edgar Link pending
0001437749-24-026172.txt Edgar Link pending
0001437749-24-026172-xbrl.zip Edgar Link pending
cadizcertificateofincorporat.jpg Edgar Link pending
cdzi-20240630.xsd Edgar Link pending
cdzi20240630_10q.htm Edgar Link pending
exh3-1pag2.jpg Edgar Link pending
exh3-1page10.jpg Edgar Link pending
exh3-1page11.jpg Edgar Link pending
exh3-1page12.jpg Edgar Link pending
exh3-1page13.jpg Edgar Link pending
exh3-1page14.jpg Edgar Link pending
exh3-1page15.jpg Edgar Link pending
exh3-1page16.jpg Edgar Link pending
exh3-1page17.jpg Edgar Link pending
cdzi-20240630_def.xml Edgar Link unprocessable
cdzi-20240630_lab.xml Edgar Link unprocessable
cdzi-20240630_pre.xml Edgar Link unprocessable
cdzi20240630_10q_htm.xml Edgar Link completed
exh3-1page3.jpg Edgar Link pending
exh3-1page4.jpg Edgar Link pending
exh3-1page5.jpg Edgar Link pending
exh3-1page6.jpg Edgar Link pending
exh3-1page7.jpg Edgar Link pending
exh3-1page8.jpg Edgar Link pending
exh3-1page9.jpg Edgar Link pending
ex_711648.htm Edgar Link pending
ex_711649.htm Edgar Link pending
ex_711650.htm Edgar Link pending
ex_711651.htm Edgar Link pending
ex_713143.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
cdzi-20240630_cal.xml Edgar Link unprocessable