Company research
CYANOTECH CORP
CIK 768408Updated Sep 24, 2026
SecurityCYAN · OTC · equity
Historical securities (1)
CYAND · OTC · equity · closed Mar 9, 2026CYAN price & chart
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Recent filings
Financials
FY 2025 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 23,490,000Source | 25,112,000Source | 29,728,000Source | 32,045,000Source |
| Property, Plant and Equipment, NetUSD | 8,927,000Source | 10,109,000Source | 11,366,000Source | 11,885,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 257,000Source | 707,000Source | 974,000Source | 2,589,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,953,000Source | 2,102,000Source | 1,331,000Source | 3,664,000Source |
| Inventory, NetUSD | 7,788,000Source | 7,313,000Source | 10,707,000Source | 9,466,000Source |
| Assets, CurrentUSD | 10,545,000Source | 10,591,000Source | 13,496,000Source | 16,264,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 547,000Source | 469,000Source | 484,000Source | 545,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,902,000Source | 4,284,000Source | 4,776,000Source | 3,787,000Source |
| Other Assets, NoncurrentUSD | 116,000Source | 128,000Source | 90,000Source | 109,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 14,606,000Source | 13,298,000Source | 13,381,000Source | 12,558,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 144,000Source | 139,000Source | 125,000Source | 124,000Source |
| Additional Paid in CapitalUSD | 34,844,000Source | 34,576,000Source | 33,856,000Source | 33,557,000Source |
| Retained Earnings (Accumulated Deficit)USD | -26,104,000Source | -22,901,000Source | -17,634,000Source | -14,194,000Source |
| Stockholders' Equity Attributable to ParentUSD | 8,884,000Source | 11,814,000Source | 16,347,000Source | 19,487,000Source |
| Liabilities and EquityUSD | 23,490,000Source | 25,112,000Source | 29,728,000Source | 32,045,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 10,243,000Source | 8,554,000Source | 8,103,000Source | 4,821,000Source |
| Operating Lease, Liability, CurrentUSD | 555,000Source | 530,000Source | 483,000Source | 393,000Source |
| Accounts Payable, CurrentUSD | 2,217,000Source | 1,439,000Source | 1,021,000Source | 2,362,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,363,000Source | 3,744,000Source | 4,275,000Source | 3,386,000Source |
| Other Liabilities, NoncurrentUSD | — | 0Source | 3,000Source | 15,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 715,000Source | 757,000Source | 1,101,000Source | 1,412,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 2,886,000Source | 5,630,000Source | 5,409,000Source | 490,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 4,336,000Source |
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: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,479,000Source | 1,589,000Source | 1,655,000Source | 1,599,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 247,000Source | 359,000Source | 310,000Source | 344,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -144,000Source | 793,000Source | -2,269,000Source | 1,263,000Source |
| Increase (Decrease) in InventoriesUSD | 473,000Source | -3,394,000Source | 1,231,000Source | 717,000Source |
| Increase (Decrease) in Accounts PayableUSD | 721,000Source | 467,000Source | -1,422,000Source | -358,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,193,000Source | -455,000Source | -2,100,000Source | 2,379,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -247,000Source | -381,000Source | -1,068,000Source | -1,270,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 14,000Source | 28,000Source | 10,000Source | 52,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 990,000Source | 569,000Source | 1,553,000Source | -2,287,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -450,000Source | -267,000Source | -1,615,000Source | -1,178,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 974,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 630,000Source | 583,000Source | 408,000Source | 342,000Source |
| Income Taxes Paid, NetUSD | 8,000Source | 6,000Source | 32,000Source | 2,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | — | — | 40,000Source | 57,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 4,397,000Source | 4,464,000Source | 4,659,000Source | 5,367,000Source |
| Income Tax Expense (Benefit)USD | 8,000Source | 7,000Source | 18,000Source | 28,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,203,000Source | -5,267,000Source | -3,440,000Source | 2,154,000Source |
| Nonoperating Income (Expense)USD | — | — | -502,000Source | -392,000Source |
| Operating ExpensesUSD | 9,384,000Source | 10,537,000Source | 10,179,000Source | 10,992,000Source |
| Operating Lease, ExpenseUSD | 702,000Source | 685,000Source | 506,000Source | 713,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 388,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 24,215,000Source | 23,071,000Source | 23,178,000Source | 35,968,000Source |
| Cost of RevenueUSD | 17,339,000Source | 17,126,000Source | 15,919,000Source | 22,402,000Source |
| Operating Income (Loss)USD | -2,508,000Source | -4,592,000Source | -2,920,000Source | 2,574,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,195,000Source | -5,260,000Source | -3,422,000Source | 2,182,000Source |
| Income Tax Expense (Benefit)USD | 8,000Source | 7,000Source | 18,000Source | 28,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,203,000Source | -5,267,000Source | -3,440,000Source | 2,154,000Source |
| Earnings Per Share, BasicUSD per share | -0.45Source | -0.81Source | -0.55Source | 0.35Source |
| Earnings Per Share, DilutedUSD per share | — | -0.81Source | -0.55Source | 0.35Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 7,071,000Source | 6,531Source | 6,244,000Source | 6,157,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | 6,531Source | 6,244,000Source | 6,168,000Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 8,000Source | 7,000Source | 18,000Source | 28,000Source |
| General and Administrative ExpenseUSD | 4,397,000Source | 4,464,000Source | 4,659,000Source | 5,367,000Source |
| Gross ProfitUSD | 6,876,000Source | 5,945,000Source | 7,259,000Source | 13,566,000Source |
| Interest ExpenseUSD | 687,000Source | 668,000Source | 502,000Source | 392,000Source |
| Nonoperating Income (Expense)USD | — | — | -502,000Source | -392,000Source |
| Operating ExpensesUSD | 9,384,000Source | 10,537,000Source | 10,179,000Source | 10,992,000Source |
| Operating Lease, ExpenseUSD | 702,000Source | 685,000Source | 506,000Source | 713,000Source |
| Research and Development ExpenseUSD | 449,000Source | 689,000Source | 770,000Source | 712,000Source |
| Selling and Marketing ExpenseUSD | 4,538,000Source | 5,384,000Source | 4,750,000Source | 4,913,000Source |