bioAffinity Technologies, Inc. financial data

Symbol
BIAF, BIAFW on Nasdaq
Industry
Services-Commercial Physical & Biological Research
Location
22211 West Interstate 10, Suite 1206, San Antonio, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 200 % -81.4%
Quick Ratio 0.81 % +3.83%
Debt-to-equity 61.2 % +507%
Return On Equity -170 % -78.5%
Return On Assets -106 % -21.9%
Operating Margin -119 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.4M shares +53.1%
Common Stock, Shares, Outstanding 11.5M shares +34.3%
Entity Public Float 14M USD
Common Stock, Value, Issued 79.4K USD +32.6%
Weighted Average Number of Shares Outstanding, Basic 11.4M shares +33.7%
Weighted Average Number of Shares Outstanding, Diluted 11.4M shares +33.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 300K USD
Revenue from Contract with Customer, Excluding Assessed Tax 7.32M USD +12047%
Cost of Revenue 74.7K USD +51067%
Research and Development Expense 1.56M USD +0.27%
General and Administrative Expense 596K USD +269%
Operating Income (Loss) -8.67M USD -46.1%
Nonoperating Income (Expense) -17.1K USD -140%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.72M USD +11.5%
Income Tax Expense (Benefit) 13.7K USD +18.1%
Net Income (Loss) Attributable to Parent -8.74M USD +11.5%
Earnings Per Share, Basic -0.92 USD/shares +42.9%
Earnings Per Share, Diluted -0.92 USD/shares +5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 801K USD -90.3%
Inventory, Net 29.8K USD +195%
Assets, Current 2.68M USD -69%
Property, Plant and Equipment, Net 449K USD +117%
Operating Lease, Right-of-Use Asset 325K USD
Intangible Assets, Net (Excluding Goodwill) 804K USD
Goodwill 1.4M USD
Other Assets, Noncurrent 19.7K USD +184%
Assets 6.66M USD -25%
Accounts Payable, Current 848K USD +386%
Employee-related Liabilities, Current 750K USD +171%
Accrued Liabilities, Current 969K USD +87.9%
Liabilities, Current 2.33M USD +200%
Operating Lease, Liability, Noncurrent 233K USD
Liabilities 3.22M USD +316%
Retained Earnings (Accumulated Deficit) -48.7M USD -21.9%
Stockholders' Equity Attributable to Parent 3.43M USD -57.6%
Liabilities and Equity 6.66M USD -25%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.35M USD -53.4%
Net Cash Provided by (Used in) Financing Activities 2.02M USD
Net Cash Provided by (Used in) Investing Activities -41.4K USD -28.1%
Common Stock, Shares Authorized 100M shares +300%
Common Stock, Shares, Issued 11.5M shares +34.3%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -368K USD +77.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23.6K USD +99.3%
Deferred Tax Assets, Valuation Allowance 8.06M USD +59.6%
Deferred Tax Assets, Gross 8.2M USD +62%
Operating Lease, Liability 331K USD
Depreciation 269K USD +430%
Payments to Acquire Property, Plant, and Equipment 41.4K USD +28.1%
Lessee, Operating Lease, Liability, to be Paid 375K USD
Property, Plant and Equipment, Gross 902K USD +73.6%
Operating Lease, Liability, Current 98.6K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 122K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 122K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 44K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 122K USD
Deferred Tax Assets, Operating Loss Carryforwards 6.48M USD +67.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 250K USD +31.2%
Operating Lease, Payments 516 USD
Additional Paid in Capital 52M USD +8.44%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 45.6K USD
Share-based Payment Arrangement, Expense 991K USD +123%
Interest Expense 59K USD +1323%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%