Arcadia Biosciences, Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
RKDA$0.17-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and share data)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues: | ||
| Product | $5,012 | $4,437 |
| License | 7 | 17 |
| Royalty | 26 | — |
| Total revenues | 5,045 | 4,454 |
| Operating expenses (income): | ||
| Cost of revenues | 2,963 | 2,174 |
| Research and development | 53 | 64 |
| Gain on sale of intangible assets | (4,000) | — |
| Gain on sale of property and equipment | — | (29) |
| Impairment of property and equipment | 36 | — |
| Impairment of ROU asset | — | 113 |
| Selling, general and administrative | 9,641 | 8,234 |
| Total operating expenses | 8,693 | 10,556 |
| Loss from operations | (3,648) | (6,102) |
| Interest income | 782 | 695 |
| Other income, net | 31 | 48 |
| Valuation loss on March 2023 PIPE | — | (6,076) |
| Change in fair value of common stock warrant and option liabilities | (1,474) | 6,544 |
| Issuance and offering costs allocated to liability classified options | — | (430) |
| Net loss from continuing operations before income taxes | (4,309) | (5,321) |
| Income tax expense | (8) | (8) |
| Net loss from continuing operations | (4,317) | (5,329) |
| Net loss from discontinued operations — Body Care | — | (821) |
| Net loss from discontinued operations — GoodWheat | (2,721) | (7,836) |
| Net loss | (7,038) | (13,986) |
| Net loss attributable to non-controlling interest | — | (5) |
| Net loss attributable to common stockholders | $(7,038) | $(13,981) |
| Net loss per share attributable to common stockholders: | ||
| Basic and diluted from continuing operations | $(3.17) | $(4.30) |
| Basic and diluted from discontinued operations | $(2.00) | $(6.99) |
| Net loss per basic and diluted share attributable to common stockholders | $(5.17) | $(11.29) |
| Weighted-average number of shares used in per share calculations: | ||
| Basic and diluted | 1,363,303 | 1,236,934 |
| Other comprehensive income, net of tax | ||
| Unrealized gains on available-for-sale securities | $127 | $101 |
| Reclassification adjustment for gains on available-for-sale securities included in net loss | (228) | — |
| Change in unrealized gains on available-for-sale securities | $(101) | $101 |
| Comprehensive loss | $(7,139) | $(13,880) |
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