bioAffinity Technologies, Inc. financial data

Symbol
BIAF, BIAFW on Nasdaq
Industry
Services-Commercial Physical & Biological Research
Location
22211 West Interstate 10, Suite 1206, San Antonio, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 334 %
Quick Ratio 0.71 %
Debt-to-equity 40.2 %
Return On Equity -133 % +33.2%
Return On Assets -94.7 %
Operating Margin -169 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.5M shares +36.1%
Common Stock, Shares, Outstanding 11.2M shares +32.5%
Entity Public Float 14M USD
Common Stock, Value, Issued 78.5K USD +32.5%
Weighted Average Number of Shares Outstanding, Basic 9.92M shares +17.6%
Weighted Average Number of Shares Outstanding, Diluted 9.92M shares +17.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.9M USD +14.5%
Revenue from Contract with Customer, Excluding Assessed Tax 4.94M USD +261180%
Cost of Revenue 74.7K USD +51067%
Research and Development Expense 1.49M USD +1.61%
General and Administrative Expense 596K USD +269%
Operating Income (Loss) -8.36M USD -72.7%
Nonoperating Income (Expense) -12.9K USD -135%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.35M USD -1.83%
Income Tax Expense (Benefit) 12.8K USD -68.9%
Net Income (Loss) Attributable to Parent -8.37M USD -1.84%
Earnings Per Share, Basic -0.93 USD/shares +35.4%
Earnings Per Share, Diluted -0.93 USD/shares -11.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.45M USD -74.9%
Inventory, Net 9.49K USD -16.3%
Assets, Current 3.93M USD -61.6%
Property, Plant and Equipment, Net 461K USD +105%
Operating Lease, Right-of-Use Asset 348K USD
Intangible Assets, Net (Excluding Goodwill) 819K USD
Goodwill 1.4M USD
Other Assets, Noncurrent 16.1K USD +132%
Assets 8.05M USD -23.1%
Accounts Payable, Current 384K USD +162%
Employee-related Liabilities, Current 670K USD +139%
Accrued Liabilities, Current 883K USD +83.5%
Liabilities, Current 1.77M USD +122%
Operating Lease, Liability, Noncurrent 258K USD
Liabilities 2.79M USD +251%
Retained Earnings (Accumulated Deficit) -46.6M USD -21.9%
Stockholders' Equity Attributable to Parent 5.26M USD -45.6%
Liabilities and Equity 8.05M USD -23.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.35M USD -53.4%
Net Cash Provided by (Used in) Financing Activities 2.02M USD
Net Cash Provided by (Used in) Investing Activities -41.4K USD -28.1%
Common Stock, Shares Authorized 25M shares +75%
Common Stock, Shares, Issued 11.2M shares +32.5%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -368K USD +77.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23.6K USD +99.3%
Deferred Tax Assets, Valuation Allowance 8.06M USD +59.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 8.2M USD +62%
Operating Lease, Liability 355K USD
Depreciation 250K USD +711%
Payments to Acquire Property, Plant, and Equipment 41.4K USD +28.1%
Lessee, Operating Lease, Liability, to be Paid 406K USD
Property, Plant and Equipment, Gross 874K USD +69.4%
Operating Lease, Liability, Current 96.6K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 122K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 122K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 51K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 122K USD
Deferred Tax Assets, Operating Loss Carryforwards 6.48M USD +67.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 250K USD +31.2%
Additional Paid in Capital 51.7M USD +8.23%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 14.6K USD
Share-based Payment Arrangement, Expense 874K USD +191%
Interest Expense 59K USD +1323%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%