Cyanotech Corp
OTCQB:CYAN

  • LAST PRICE
    0.3500
  • TODAY'S CHANGE (%)
    -0.0100 (-2.7778%)
  • Bid / Lots
    0.3405/ 25
  • Ask / Lots
    0.4181/ 25
  • Open / Previous Close
    0.3701 / 0.3600
  • Day Range
    0.3500
    0.3701
  • 52 Week Range
    0.1200
    1.0200
  • Volume
    6,238

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  • Nov 12, 2024

      Show headlines and story abstract

    • 8:00AM ET on Tuesday Nov 12, 2024 by Dow Jones
      Companies Mentioned: CYAN

    • 8:00AM ET on Tuesday Nov 12, 2024 by Dow Jones
      Companies Mentioned: CYAN
      Accumulated deficit (25,253) (22,901) ---------- ------- Total stockholders' equity 9,692 11,814 ---------- ------- Total liabilities and stockholders' equity $ 23,913 $ 25,112 ========== ======= CYANOTECH CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands) (Unaudited) Three Months Ended September Six Months Ended 30, September 30, ----------------- -------------------- 2024 2023 2024 2023 -------- ------- -------- ---------- Net sales $ 5,845 $6,373 $11,743 $11,519 Cost of sales 4,366 4,285 8,787 7,899 ------ ----- ------ ------ Gross profit 1,479 2,088 2,956 3,620 ------ ----- ------ ------ Operating expenses: General and administrative 1,244 1,160 2,513 2,434 Sales and marketing 1,073 1,385 2,238 2,661 Research and development 137 175 221 366 ------ ----- ------ ------ Total operating expenses 2,454 2,720 4,972 5,461 ------ ----- ------ ------ Loss from operations (975) (632) (2,016) (1,841) Interest expense, net (175) (163_ (336) (323) ------ ----- ------ ------ Loss before income taxes (1,150) (795) (2,352) (2,164) Income tax expense -- 2 -- 2 ------ ----- ------ ------ Net loss $(1,150) $ (797) $(2,352) $(2,166) ====== ===== ====== ====== Net loss per share: Basic $ (0.16) $(0.13) $ (0.34) $ (0.34) ====== ===== ====== ====== Diluted $ (0.16) $(0.13) $ (0.34) $ (0.34) ====== ===== ====== ====== Shares used in calculation of net loss per share: Basic 7,004 6,366 6,976 6,328 ====== ===== ====== ====== Diluted 7,004 6,366 6,976 6,328 ====== ===== ====== ======