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MARKETS / NASDAQ / BIAF
NASDAQ · SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH

bioAffinity Technologies, Inc. BIAF

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.2M
▼ 34.2% YoY
$-14.9M
$-9.4M
In brief

What this company does

We develop noninvasive diagnostic laboratory tests to detect early-stage lung cancer and other diseases of the lung using flow cytometry and automated analysis informed by machine learning, a form of artificial intelligence (AI). Our first commercial diagnostic test, CyPath® Lung, identifies and analyzes cell populations using flow cytometry, including cancer and cancer-related cells, that indicate a malignancy in the lung. CyPath® Lung is performed and offered by our wholly owned subsidiary PPLS, a clinical anatomic and pathology laboratory which we acquired by purchasing the assets of Village Oaks Pathology Services, P.A., a Texas professional association. We were incorporated in the State of Delaware on March 26, 2014. Our principal executive office is located at 3300 Nacogdoches, Suite 216, San Antonio, Texas 78217, and our telephone number at that address is (210) 698-5334. We employ 57 employees at the time of this filing, 21 employed by bioAffinity and 36 employed by PPLS.

Written from the business description in bioAffinity Technologies, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 6.2M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 6.2 · Net income -14.9
4M8M-5M-10M20212022202320242025
Compound annual growth
+986.6%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−242 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -171.6% · Net -242.0%
50000%100000%150000%-50000%20212022202320242025
ROE
FY2025 · ROE -301.8%
-100%-200%-300%20212022202320242025

Each USD of equity lost 302 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -9.4
-4M-8M20212022202320242025

Total assetsUSD 11.0M
EquityUSD 7.3M
CashUSD 6.4M
Current ratio2.60×

Equity funds 66% of total assets.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.0·
Operating income $B−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0·
Income tax $B0.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0·
EPS, diluted $−8.66−22.50−0.91−1.81·
Dividend / sh $·····
Payout %·····
ROE %−301.8−242.4−99.8··
Shares out B0.000.000.010.010.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 21 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 74 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Commercial Physical & Biological Research
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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