Company research
HARVARD BIOSCIENCE INC
CIK 1123494Updated Sep 25, 2026
SecurityHBIO · NASDAQ · equity
HBIO price & chart
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Recent filings
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
S-8 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
Show 5 more recent filings
SD filing
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
DEFA14A filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 80,071,000Source | 126,644,000Source | 137,366,000Source | 145,360,000Source |
| Property, Plant and Equipment, NetUSD | 4,787,000Source | 5,106,000Source | 3,981,000Source | 3,366,000Source |
| GoodwillUSD | 9,559,000Source | 56,324,000Source | 57,065,000Source | 56,260,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,639,000Source | 11,132,000Source | 16,036,000Source | 21,014,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,614,000Source | 4,108,000Source | 4,283,000Source | 4,508,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 16,043,000Source | 14,866,000Source | 16,099,000Source | 16,705,000Source |
| Inventory, NetUSD | 20,805,000Source | 23,245,000Source | 24,716,000Source | 26,439,000Source |
| Assets, CurrentUSD | 48,225,000Source | 45,117,000Source | 49,038,000Source | 51,124,000Source |
| Operating Lease, Right-of-Use AssetUSD | 7,172,000Source | 6,132,000Source | 4,773,000Source | 5,816,000Source |
| Other Assets, NoncurrentUSD | 2,689,000Source | 2,833,000Source | 6,473,000Source | 7,780,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 66,337,000Source | 63,304,000Source | 64,292,000Source | 73,140,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 447,000Source | 441,000Source | 434,000Source | 454,000Source |
| Retained Earnings (Accumulated Deficit)USD | -214,710,000Source | -158,010,000Source | -145,605,000Source | -142,190,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -11,672,000Source | -15,670,000Source | -14,190,000Source | -15,052,000Source |
| Stockholders' Equity Attributable to ParentUSD | 13,734,000Source | 63,340,000Source | 73,074,000Source | 72,220,000Source |
| Additional Paid in Capital, Common StockUSD | 239,669,000Source | 236,579,000Source | 232,435,000Source | 229,008,000Source |
| Liabilities and EquityUSD | 80,071,000Source | 126,644,000Source | 137,366,000Source | 145,360,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 21,960,000Source | 54,958,000Source | 26,542,000Source | 23,249,000Source |
| Operating Lease, Liability, CurrentUSD | 1,525,000Source | 1,158,000Source | 1,416,000Source | 2,135,000Source |
| Accounts Payable, CurrentUSD | 3,652,000Source | 4,787,000Source | 5,554,000Source | 6,447,000Source |
| Operating Lease, Liability, NoncurrentUSD | 6,882,000Source | 6,381,000Source | 4,794,000Source | 5,282,000Source |
| Deferred Income Tax Liabilities, NetUSD | 317,000Source | 710,000Source | 776,000Source | 590,000Source |
| Other Liabilities, NoncurrentUSD | 1,308,000Source | 1,255,000Source | 1,476,000Source | 1,006,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 317,000Source | 618,000Source | 340,000Source | 257,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 35,870,000Source | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 0Source | 37,350,000Source | 6,139,000Source | 4,091,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 35,870,000Source | 0Source | 30,704,000Source | 43,013,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,855,000Source | 4,340,000Source | 5,000,000Source | 4,411,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 934,000Source | -974,000Source | -810,000Source | -4,780,000Source |
| Increase (Decrease) in InventoriesUSD | -2,947,000Source | 64,000Source | -1,524,000Source | -252,000Source |
| Deferred Income Tax Expense (Benefit)USD | -553,000Source | 310,000Source | 228,000Source | -498,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 6,729,000Source | 1,440,000Source | 14,028,000Source | 1,152,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,863,000Source | -1,344,000Source | -1,799,000Source | -1,590,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,258,000Source | 2,644,000Source | 1,788,000Source | 1,590,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 156,000Source | 577,000Source | 2,523,000Source | 1,628,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,291,000Source | -131,000Source | -12,134,000Source | -2,837,000Source |
| Repayments of Long-term DebtUSD | 24,700,000Source | 6,023,000Source | 4,091,000Source | 3,186,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 4,506,000Source | -175,000Source | -225,000Source | -3,313,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,595,000Source | 3,235,000Source | 3,795,000Source | 2,314,000Source |
| Income Taxes Paid, NetUSD | -98,000Source | -159,000Source | 207,000Source | 534,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 4,340,000Source | 5,000,000Source | 4,411,000Source |
| Amortization of Debt Issuance CostsUSD | 1,322,000Source | 327,000Source | 280,000Source | 280,000Source |
| Amortization of Intangible AssetsUSD | 4,027,000Source | 5,255,000Source | 5,525,000Source | 6,122,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | 0Source |
| DepreciationUSD | 1,743,000Source | 1,727,000Source | 1,473,000Source | 1,453,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | 0Source | -1,593,000Source | — | — |
| Gain (Loss) on Disposition of BusinessUSD | — | 0Source | 403,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | -130,000Source | — | — | — |
| General and Administrative ExpenseUSD | 17,742,000Source | 21,493,000Source | 22,780,000Source | 24,493,000Source |
| GoodwillUSD | 9,559,000Source | 56,324,000Source | 57,065,000Source | 56,260,000Source |
| Goodwill, Impairment LossUSD | 47,951,000Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -686,000Source | 740,000Source | 859,000Source | 337,000Source |
| Net Income (Loss) Attributable to ParentUSD | -56,700,000Source | -12,405,000Source | -3,415,000Source | -9,516,000Source |
| Nonoperating Income (Expense)USD | -8,806,000Source | -5,454,000Source | -4,450,000Source | -2,246,000Source |
| Operating ExpensesUSD | 98,490,000Source | 60,977,000Source | 64,177,000Source | 67,752,000Source |
| Other Nonoperating Income (Expense)USD | -2,656,000Source | -652,000Source | -227,000Source | 302,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 40,000,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | 47,000Source | 380,000Source | 930,000Source | 577,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 86,550,000Source | 94,135,000Source | 112,250,000Source | 113,335,000Source |
| Cost of RevenueUSD | 36,640,000Source | 39,369,000Source | 46,179,000Source | 52,516,000Source |
| Operating Income (Loss)USD | -48,580,000Source | -6,211,000Source | 1,894,000Source | -6,933,000Source |
| Other Nonoperating Income (Expense)USD | -2,656,000Source | -652,000Source | -227,000Source | 302,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -57,386,000Source | -11,665,000Source | -2,556,000Source | -9,179,000Source |
| Income Tax Expense (Benefit)USD | -686,000Source | 740,000Source | 859,000Source | 337,000Source |
| Net Income (Loss) Attributable to ParentUSD | -56,700,000Source | -12,405,000Source | -3,415,000Source | -9,516,000Source |
| Earnings Per Share, BasicUSD per share | -1.28Source | -0.28Source | -0.08Source | -0.23Source |
| Earnings Per Share, DilutedUSD per share | -1.28Source | -0.28Source | -0.08Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 44,391,000Source | 43,538,000Source | 42,420,000Source | 41,413,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 44,391,000Source | 43,538,000Source | 42,420,000Source | 41,413,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,027,000Source | 5,255,000Source | 5,525,000Source | 6,122,000Source |
| Current Income Tax Expense (Benefit)USD | -133,000Source | 430,000Source | 631,000Source | 835,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | 0Source |
| General and Administrative ExpenseUSD | 17,742,000Source | 21,493,000Source | 22,780,000Source | 24,493,000Source |
| Goodwill, Impairment LossUSD | 47,951,000Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 49,910,000Source | 54,766,000Source | 66,071,000Source | 60,819,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -47,480,000Source | -10,966,000Source | -2,951,000Source | -9,099,000Source |
| Interest Expense, DebtUSD | 3,600,000Source | — | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | -4,917,000Source | -3,209,000Source | -3,591,000Source | -2,548,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | 1,233,000Source | — | — | — |
| Nonoperating Income (Expense)USD | -8,806,000Source | -5,454,000Source | -4,450,000Source | -2,246,000Source |
| Operating ExpensesUSD | 98,490,000Source | 60,977,000Source | 64,177,000Source | 67,752,000Source |
| Other Cost and Expense, OperatingUSD | 729,000Source | 1,611,000Source | — | — |
| Research and Development ExpenseUSD | 8,825,000Source | 10,406,000Source | 11,764,000Source | 12,329,000Source |
| Selling and Marketing ExpenseUSD | 19,216,000Source | 22,212,000Source | 24,108,000Source | 25,041,000Source |