CYAN on OTC

CYANOTECH CORP

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Last updated Oct 16, 2026.

Overview

$24.2MRevenue, fiscal 20252
-$3.2MNet income, fiscal 20252

Compare with Charlie's Holdings, Inc., Synergy CHC Corp. or Bon Natural Life Ltd, or pick any stock.

  • TickerCYAN on OTC
  • IndustryMedicinal Chemicals & Botanical Products
  • HeadquartersNV
  • Incorporated inNV3
  • Business address73-4460 Queen Kaahumanu Hwy, Suite 102, Kailua Kona, Hi 967403
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

28.4%Gross margin2
-10.4%Operating margin2
-13.2%Net margin2
5.0%Revenue growth, 20252
-36.1%Return on equity2
0.11×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue72¢$17.3M
  • Research and development2¢$449.0K
  • Other costs24¢$5.7M
  • Interest3¢$687.0K
  • Income tax0¢$8.0K

Out of $24.2M in revenue.2 The company lost money this year.

Financial statements

Revenue456782$24.2M in 2025−29% since 2018
0$10.0M$20.0M$30.0M$40.0M2018: $34.1M$34.1M20182019: $30.2M$30.2M2019−11%2020: $31.9M$31.9M2020+6%2021: $32.3M$32.3M2021+1%2022: $36.0M$36.0M2022+11%2023: $23.2M$23.2M2023−36%2024: $23.1M$23.1M2024−0%2025: $24.2M$24.2M2025+5%
Gross profit456782$6.9M in 2025−49% since 2018
0$5.0M$10.0M$15.0M2018: $13.4M$13.4M20182019: $10.5M$10.5M2019−22%2020: $12.7M$12.7M2020+21%2021: $11.1M$11.1M2021−12%2022: $13.6M$13.6M2022+22%2023: $7.3M$7.3M2023−46%2024: $5.9M$5.9M2024−18%2025: $6.9M$6.9M2025+16%
Operating income456782-$2.5M in 2025
-$6.0M-$4.0M-$2.0M0$2.0M$4.0M2018: $1.4M$1.4M20182019: -$3.0M-$3.0M20192020: $1.1M$1.1M20202021: $84.0K$84.0K2021−92%2022: $2.6M$2.6M2022+2964%2023: -$2.9M-$2.9M20232024: -$4.6M-$4.6M2024+57%2025: -$2.5M-$2.5M2025−45%
Net income456782-$3.2M in 2025
-$6.0M-$4.0M-$2.0M0$2.0M$4.0M2018: $1.0M$1.0M20182019: -$3.6M-$3.6M20192020: $387.0K$387.0K20202021: $920.0K$920.0K2021+138%2022: $2.2M$2.2M2022+134%2023: -$3.4M-$3.4M20232024: -$5.3M-$5.3M2024+53%2025: -$3.2M-$3.2M2025−39%
Fiscal year20182019202020212022202320242025
Revenue$34.1M4$30.2M5$31.9M6$32.3M7$36.0M8$23.2M8$23.1M2$24.2M2
Cost of revenue$20.7M4$19.7M5$19.2M6$21.2M7$22.4M8$15.9M8$17.1M2$17.3M2
Gross profit$13.4M4$10.5M5$12.7M6$11.1M7$13.6M8$7.3M8$5.9M2$6.9M2
Research and development$563.0K4$923.0K5$608.0K6$639.0K7$712.0K8$770.0K8$689.0K2$449.0K2
Operating income$1.4M4-$3.0M5$1.1M6$84.0K7$2.6M8-$2.9M8-$4.6M2-$2.5M2
Interest$499.0K4$582.0K5$657.0K6$550.0K7$392.0K8$502.0K8$668.0K2$687.0K2
Income tax-$110.0K4$17.0K5$9.0K6$3.0K7$28.0K8$18.0K8$7.0K2$8.0K2
Net income$1.0M4-$3.6M5$387.0K6$920.0K7$2.2M8-$3.4M8-$5.3M2-$3.2M2
Earnings per share$0.184-$0.625$0.066$0.157$0.358-$0.558-$0.812-$0.452
Earnings per share (diluted)$0.184-$0.625$0.066$0.157$0.358-$0.558-$0.818

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Recent filings

  1. Feb 13, 2026SC 13E3/A AMENDMENT NO. 2
  2. Feb 13, 202615-12G
  3. Feb 3, 2026SC 13E3/A AMENDMENT NO. 1
  4. Jan 9, 2026SC 13E3 SCHEDULE 13E-3
  5. Nov 10, 202510-Q
  6. Sep 16, 20254 JENNIFER MIYASHIRO ISO
  7. Sep 12, 20253 JENNIFER MIYASHIRO CFO
  8. Sep 2, 20258-K
  9. Sep 2, 20254 FORM 4 MD
  10. Sep 2, 20254 FORM 4 DV
  11. Sep 2, 20254 FORM 4 DM
  12. Aug 22, 20258-K
  13. Aug 6, 202510-Q
  14. Jul 31, 20254
  15. Jul 31, 20254

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

The numbers on this page point here. Each one links to the record it came from.

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