$CYAN
CYANOTECH CORP
CIK:0000768408|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2025 |
Sep. 30, 2024 |
Sep. 30, 2025 |
Sep. 30, 2024 |
|
| Net sales | $ 6,976 | $ 5,845 | $ 12,797 | $ 11,743 |
| Cost of sales | 4,583 | 4,366 | 8,631 | 8,787 |
| Gross profit | 2,393 | 1,479 | 4,166 | 2,956 |
| Operating expenses: | ||||
| General and administrative | 996 | 1,244 | 2,296 | 2,513 |
| Sales and marketing | 1,129 | 1,073 | 2,282 | 2,238 |
| Research and development | 78 | 137 | 152 | 221 |
| Total operating expenses | 2,203 | 2,454 | 4,730 | 4,972 |
| Income (Loss) from operations | 190 | (975) | (564) | (2,016) |
| Interest expense, net | (189) | (175) | (361) | (336) |
| Income (Loss) before income taxes | 1 | (1,150) | (925) | (2,352) |
| Tax expense | 0 | 0 | 0 | 0 |
| Net Income (Loss) | $ 1 | $ (1,150) | $ (925) | $ (2,352) |
| Net Income (loss) per share: | ||||
| Basic (in dollars per share) | $ 0 | $ (0.16) | $ (0.13) | $ (0.34) |
| Diluted (in dollars per share) | $ 0 | $ (0.16) | $ (0.13) | $ (0.34) |
| Shares used in calculation of net income (loss) per share: | ||||
| Basic (in shares) | 7,293 | 7,004 | 7,252 | 6,976 |
| Diluted (in shares) | 7,293 | 7,004 | 7,252 | 6,976 |