Bioaffinity Technologies, Inc. income statement
In fiscal 2025, Bioaffinity Technologies, Inc. reported revenue of $6.2m, down 34.2% on the year before, operating income of −$10.6m (a -171.6% margin) and net income of −$14.9m, or −$8.66 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 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 7 | 8 | 9 | 6 | 6 |
| Cost of revenue | 0 | — | — | — | — |
| Gross profit | 0 | — | — | — | — |
| Research and development | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 2 | 7 | 10 | 10 | 11 |
| Operating income | −4 | −8 | −9 | −11 | −12 |
| Interest expense | 3 | 0 | 0 | 0 | 0 |
| Income before tax | −8 | −8 | −9 | −15 | −15 |
| Income tax | 0 | 0 | 0 | 0 | — |
| Net income | −8 | −8 | −9 | −15 | −15 |
| Diluted EPS | −$27.15 | −$0.91 | −$22.50 | −$8.66 | — |
| Diluted shares (average) | — | — | — | 2m | — |
| EBITDA | −4 | −8 | −8 | −10 | −12 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,350 | 2,208 | 1,854 | 1,269 | 1,446 | 1,593 | 1,352 | 1,511 |
| Research and development | 274 | 391 | 367 | 311 | 331 | 374 | 350 | 362 |
| Selling, general and administrative | 2,365 | 2,920 | 2,453 | 2,215 | 2,209 | 3,037 | 3,242 | 2,859 |
| Operating income | −1,974 | −2,947 | −2,627 | −2,516 | −2,293 | −3,137 | −3,617 | −3,335 |
| Interest expense | 22 | 25 | 15 | 10 | 5 | 13 | 15 | 12 |
| Income before tax | −1,998 | −2,967 | −2,652 | −4,032 | −5,048 | −3,134 | −3,631 | −3,366 |
| Income tax | 3 | 0 | 9 | 29 | 3 | 3 | — | — |
| Net income | −2,001 | −2,967 | −2,660 | −4,061 | −5,051 | −3,137 | −3,631 | −3,366 |
| Diluted EPS | −$4.84 | −$6.28 | −$4.80 | −$5.07 | −$4.74 | −$1.11 | −$0.81 | −$0.64 |
| EBITDA | −1,823 | −2,793 | −2,473 | −2,402 | −2,179 | −3,013 | −3,502 | −3,273 |
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