Company research
CADIZ INC
CIK 727273Updated Sep 27, 2026
Name history
CADIZ LAND CO INC · through Sep 14, 1998
CDZI price & chart
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NASDAQ:CDZI on TradingView ↗About the company
Cadiz, Inc. (NASDAQ: CDZI) is a water solutions and natural resources company developing long-term water supply, storage, conveyance and treatment solutions for communities, businesses, farmers and public agencies across the Southwest. Founded in 1983, Cadiz owns approximately 45,000 acres of land and 220 miles of pipeline assets in California’s Mojave Desert. Its assets include Cadiz Ranch, the largest agricultural operation in San Bernardino County; the Mojave Groundwater Bank, one of the largest new water supply and groundwater storage projects in the Lower Colorado River Basin; and ATEC Water Systems, which provides specialized groundwater treatment technology throughout the western United States. Visit the Company’s website at www.cadizinc.com
In the news
Cadiz Inc. Declares Quarterly Dividend for Q3 2025 on Series A Cumulative Perpetual Preferred Stock News provided by Cadiz, Inc. Sep 24, 2025, 19:00 ET Share this article Share to X Share this article Share to X LOS ANGELES , Sept. 24, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz, ↗
Recent filings
S-8 filing
10-Q filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
SCHEDULE 13G filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
Show 5 more recent filings
Other Events
Items 8.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders
Items 5.03, 5.07, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
10-Q filing
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 | 140,914,000Source | 134,494,000Source | 107,374,000Source | 110,787,000Source |
| Property, Plant and Equipment, NetUSD | 95,384,000Source | 88,362,000Source | 87,217,000Source | 84,138,000Source |
| GoodwillUSD | 5,714,000Source | 5,714,000Source | 5,714,000Source | 5,714,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,599,000Source | 17,292,000Source | 4,502,000Source | 9,997,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 5,613,000Source | 4,586,000Source | 904,000Source | 454,000Source |
| Inventory, NetUSD | 1,138,000Source | 3,020,000Source | 2,106,000Source | — |
| Assets, CurrentUSD | 16,051,000Source | 25,786,000Source | 8,020,000Source | 12,435,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 701,000Source | 888,000Source | 508,000Source | 696,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,394,000Source | 3,746,000Source | 431,000Source | 553,000Source |
| Other Assets, NoncurrentUSD | 17,192,000Source | 10,332,000Source | 5,438,000Source | 5,030,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 117,658,000Source | 100,533,000Source | 67,407,000Source | 76,564,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 1,000Source | 1,000Source | 1,000Source |
| Common Stock, Value, IssuedUSD | 830,000Source | 752,000Source | 665,000Source | 556,000Source |
| Additional Paid in CapitalUSD | 714,616,000Source | 709,303,000Source | 679,150,000Source | 636,963,000Source |
| Retained Earnings (Accumulated Deficit)USD | -692,192,000Source | -676,096,000Source | -639,850,000Source | -603,298,000Source |
| Stockholders' Equity Attributable to ParentUSD | 23,256,000Source | 33,961,000Source | 39,967,000Source | 34,223,000Source |
| Liabilities and EquityUSD | 140,914,000Source | 134,494,000Source | 107,374,000Source | 110,787,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 13,188,000Source | 14,406,000Source | 5,835,000Source | 5,639,000Source |
| Operating Lease, Liability, CurrentUSD | 364,000Source | 314,000Source | 127,000Source | 109,000Source |
| Accounts Payable, CurrentUSD | 3,783,000Source | 2,261,000Source | 1,245,000Source | 1,107,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,122,000Source | 3,473,000Source | 318,000Source | 444,000Source |
| Other Liabilities, NoncurrentUSD | 51,000Source | 46,000Source | 41,000Source | 36,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 2,370,000Source | 7,997,000Source | 1,170,000Source | 1,545,000Source |
| Deferred Revenue, CurrentUSD | 305,000Source | 1,226,000Source | 373,000Source | — |
| Deferred Revenue, NoncurrentUSD | 625,000Source | 625,000Source | 625,000Source | 750,000Source |
| Dividends Payable, CurrentUSD | 1,265,000Source | 1,288,000Source | 1,288,000Source | 1,288,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 51,000Source | 120,000Source | 182,000Source | 140,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 72,705,000Source | 56,708,000Source | 37,711,000Source | 48,950,000Source |
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 | 5,299,000Source | 4,605,000Source | 1,496,000Source | 1,876,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,021,000Source | 3,682,000Source | 450,000Source | 184,000Source |
| Increase (Decrease) in InventoriesUSD | -1,882,000Source | 914,000Source | 1,790,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | 765,000Source | -392,000Source | 937,000Source | 113,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -18,930,000Source | -21,532,000Source | -20,924,000Source | -18,599,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -12,576,000Source | -1,184,000Source | -5,787,000Source | -4,122,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 7,576,000Source | 934,000Source | 5,787,000Source | 3,376,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 233,000Source | 52,000Source | 261,000Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 25,438,000Source | 35,506,000Source | 17,565,000Source | 16,647,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | 0Source |
| Repayments of Long-term DebtUSD | 127,000Source | 177,000Source | 15,164,000Source | 170,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -6,068,000Source | 12,790,000Source | -9,146,000Source | -6,074,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,700,000Source | 1,500,000Source | — | — |
| Income Taxes Paid, NetUSD | 11,000Source | — | — | — |
| Additional Financial Items | ||||
| DepreciationUSD | 1,264,000Source | 1,214,000Source | 1,247,000Source | 654,000Source |
| Depreciation, NonproductionUSD | 1,264,000Source | 1,214,000Source | 1,247,000Source | 654,000Source |
| Dividends Payable, CurrentUSD | 1,265,000Source | 1,288,000Source | 1,288,000Source | 1,288,000Source |
| Financing Interest ExpenseUSD | 141,000Source | — | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 38,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | 0Source | -5,331,000Source | 0Source |
| General and Administrative ExpenseUSD | 29,484,000Source | 24,345,000Source | 18,797,000Source | 15,342,000Source |
| GoodwillUSD | 5,714,000Source | 5,714,000Source | 5,714,000Source | 5,714,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | — | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 40,000Source |
| Income Tax Expense (Benefit)USD | 11,000Source | 11,000Source | 11,000Source | 7,000Source |
| Net Income (Loss) Attributable to ParentUSD | -34,151,000Source | -31,140,000Source | -31,446,000Source | -24,792,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -39,234,000Source | -36,246,000Source | -36,552,000Source | -29,898,000Source |
| Payments to Acquire InvestmentsUSD | — | — | 0Source | 750,000Source |
| Proceeds from Issuance of Common StockUSD | 18,335,000Source | 22,135,000Source | 38,490,000Source | 21,636,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | 0Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,313,000Source | 9,608,000Source | 1,991,000Source | 1,501,000Source |
| Cost of RevenueUSD | 11,163,000Source | 7,298,000Source | 2,887,000Source | 2,067,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -25,598,000Source | -23,249,000Source | -20,940,000Source | -16,562,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -34,140,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 11,000Source | 11,000Source | 11,000Source | 7,000Source |
| Net Income (Loss) Attributable to ParentUSD | -34,151,000Source | -31,140,000Source | -31,446,000Source | -24,792,000Source |
| Earnings Per Share, BasicUSD per share | -0.48Source | -0.53Source | -0.56Source | -0.6Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 41,911,000Source | 32,857,000Source | 22,931,000Source | 18,063,000Source |
| Financing Interest ExpenseUSD | 141,000Source | — | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 38,000Source | — | — | — |
| General and Administrative ExpenseUSD | 29,484,000Source | 24,345,000Source | 18,797,000Source | 15,342,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 40,000Source |
| Interest ExpenseUSD | 8,580,000Source | 7,880,000Source | 4,944,000Source | 8,263,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -39,234,000Source | -36,246,000Source | -36,552,000Source | -29,898,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 5,083,000Source | 5,106,000Source | 5,106,000Source | 5,106,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 2,210Source | 2,220Source | 2,220Source | 2,220Source |
Filing attachments
ea029931001ex99-1.htm · 8-K · 2026-07-27
EX-99.1 4 ea029931001ex99-1.htm PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE July 27, 2026 Cadiz Inc. Announces CFO Succession Jacinto J. Hernandez named executive vice president of finance and chief financial officer; Stanley E. Speer to retire in September 2026. LOS ANGELES, Calif. - Cadiz, Inc. (NASDAQ: CDZI, CDZIP) (“Cadiz” or the “Company”) today announced that Jacinto J. Hernandez has been named the Company’s next Chief Financial Officer, effective September 1, 2026. Hernandez …
Read attachment ↗ea026235502ex99-1_cadiz.htm · 8-K · 2025-10-28
EX-99.1 4 ea026235502ex99-1_cadiz.htm PRESS RELEASE Exhibit 99.1 PRESS RELEASE Date: October 28, 2025 Cadiz Executes Definitive Agreement with Lytton Rancheria of California for $51 Million Investment in Mojave Groundwater Bank in First Tranche of Project Financing CADIZ, CALIFORNIA (10.28.25) - Cadiz Inc. (NASDAQ: CDZI, the “Company,” or “Cadiz”) today announced that it has executed a definitive agreement (“Agreement”) with Lytton Rancheria of California, a federally recognized Native A…
Read attachment ↗ea025892501ex99-1_cadiz.htm · 8-K · 2025-09-26
EX-99.1 2 ea025892501ex99-1_cadiz.htm MEMORANDUM OF UNDERSTANDING, EFFECTIVE AS OF SEPTEMBER 24, 2025, AMONG THE BUREAU OF RECLAMATION, FENNER VALLEY WATER AUTHORITY, AND FENNER GAP MUTUAL WATER COMPANY Exhibit 99.1 MEMORANDUM OF UNDERSTANDING BETWEEN THE BUREAU OF RECLAMATION ON BEHALF OF THE UNITED STATES DEPARTMENT OF THE INTERIOR AND FENNER VALLEY WATER AUTHORITY, FENNER GAP MUTUAL WATER COMPANY, FOR COORDINATON OF TECHNICAL INFORMATION FOR THE PROPOSED MOJAVE GROUNDWATER BANK Pre…
Read attachment ↗ea024631601ex99-1_cadiz.htm · 8-K · 2025-06-20
EX-99.1 2 ea024631601ex99-1_cadiz.htm PRESS RELEASE DATED JUNE 20, 2025 Exhibit 99.1 PRESS RELEASE Date: June 20, 2025 Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch Clean energy and digital infrastructure projects at Cadiz expected to generate $7- $10 million per year in lease revenue and water supply sales, in addition to supporting sustainable water and farming operations and data center development. CADIZ, CALIFORNIA (06.20.25) - Cadiz Inc. (NASDAQ: CDZI) ann…
Read attachment ↗ea023353501ex99-1_cadiz.htm · 8-K · 2025-03-07
EX-99.1 2 ea023353501ex99-1_cadiz.htm PRESS RELEASE Exhibit 99.1 PRESS RELEASE Date: March 7, 2025 Cadiz Inc. Announces $20 Million Registered Direct Offering LOS ANGELES, CA 03/7/25 /PRNewswire/ - Cadiz Inc. (NASDAQ: CDZI / CDZIP) (the “Company”), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 5,715,000 shares of its common stock in a registered direct offering (the “Offering”) at a …
Read attachment ↗ea023296201ex99-1_cadiz.htm · 8-K · 2025-03-04
EX-99.1 2 ea023296201ex99-1_cadiz.htm PRESS RELEASE ISSUED ON MARCH 4, 2025 Exhibit 99.1 PRESS RELEASE Date: March 4, 2025 Cadiz Signs Letter of Agreement with a Lead Investor for an Investment of up to $175 Million in Mojave Groundwater Bank Project LOS ANGELES, CA 3.4.25 /PRNewswire/ - Cadiz, Inc. (NASDAQ: CDZI) (the “Company” or “Cadiz”) announced today that the Company has entered into a Letter of Agreement (“LOA”) with a lead investor to invest up to $175 million in the Mojave Groun…
Read attachment ↗