Azitra, Inc. income statement
In fiscal 2025, Azitra, Inc. reported revenue of $0, down 100.0% on the year before and net income of −$11.0m, or −$2.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|
| Revenue | 0 | 1 | 0 | 0 |
| Research and development | 6 | 4 | 5 | 5 |
| General and administrative | 4 | 4 | 6 | 6 |
| Operating income | −9 | −7 | −11 | −11 |
| Interest expense | 0 | 0 | 0 | 0 |
| Income before tax | −11 | −11 | −9 | −11 |
| Income tax | — | 0 | 0 | 0 |
| Net income | −11 | −11 | −9 | −11 |
| Diluted EPS | −$12.74 | −$54.98 | −$15.70 | −$2.25 |
| Diluted shares (average) | 1m | — | — | 5m |
| EBITDA | −9 | −7 | −11 | −11 |
| Quarter | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 90 | 0 | 8 | 0 | 0 | 0 | 0 | 0 |
| Research and development | 1,511 | 1,473 | 1,119 | 1,016 | 1,116 | 1,402 | 1,180 | 1,004 |
| General and administrative | 1,050 | 1,489 | 1,549 | 1,913 | 1,318 | 1,470 | 1,588 | 1,223 |
| Operating income | −2,470 | −2,961 | −2,660 | −2,929 | −2,434 | −2,871 | −2,768 | −2,227 |
| Interest expense | 1 | 1 | 2 | 4 | 6 | 0 | 0 | 5 |
| Income before tax | −2,446 | −2,933 | −2,632 | −1,009 | −2,384 | −2,889 | −2,765 | −2,225 |
| Income tax | 8 | 0 | 0 | 0 | 9 | 0 | 0 | 8 |
| Net income | −2,454 | −2,933 | −2,632 | −1,009 | −2,393 | −2,889 | −2,765 | −2,234 |
| Diluted EPS | $4.00 | −$4.32 | −$2.74 | −$1.14 | $1.67 | −$1.18 | −$0.67 | $0.81 |
| EBITDA | −2,438 | −2,929 | −2,630 | −2,899 | −2,401 | −2,840 | −2,737 | −2,192 |
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