NAGE on Nasdaq
Niagen Bioscience, Inc.
American medicinal chemicals and botanical products company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerNAGE on Nasdaq1
- IndustryMedicinal Chemicals & Botanical Products1
- HeadquartersLos Angeles, California1
- Incorporated inDE2
- Business address10900 Wilshire Blvd, Suite 600, Los Angeles, Ca 900242
- Filer categoryLarge accelerated filer2
- Legal formCorporation
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On May 21, 2008, Cody Resources, Inc., a Nevada corporation and a public company, (Cody) entered into an Agreement and Plan of Merger (Merger Agreement), by and among Cody, CDI Acquisition, Inc., a California corporation and wholly-owned subsidiary of Cody (Acquisition Sub), and ChromaDex, Inc. (Merger). Subsequent to the signing of the Merger Agreement, Cody merged with and into a Delaware corporation. On June 20, 2008, Cody amended its articles of incorporation to change its name to ChromaDex Corporation. On April 25, 2016, ChromaDex Corporation became listed on the Nasdaq Capital Market (Nasdaq).3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Consumer Products brought in 75% of the revenue Niagen Bioscience, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Consumer Products | $76.8M | $97.7M |
| Ingredients | $19.8M | $28.7M |
| Analytical Reference Standards and Services | $3.0M | $3.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue36¢$46.2M
- Research and development5¢$6.3M
- Other costs45¢$58.7M
- Income tax1¢$810.0K
- Profit13¢$17.4M
Out of $129.4M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Share buybacks2¢$251.0K
- Kept or used elsewhere98¢$13.3M
Out of $13.5M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Sales, net | $129.4M | $99.6M |
| Cost of sales | $46.2M | $38.0M |
| Gross profit | $83.2M | $61.6M |
| Sales and marketing | $35.5M | $29.5M |
| Research and development | $6.3M | $6.0M |
| General and administrative | $27.1M | $18.4M |
| Gain on settlement of royalty obligation | -$2.0M | $0 |
| Total operating expenses, net | $66.9M | $53.9M |
| Operating income | $16.3M | $7.7M |
| Investment Income, Interest | $2.1M | $1.1M |
| IRS ERTC disallowance | -$214.0K | $0 |
| Total nonoperating income, net | $1.9M | $1.1M |
| Income before provision for income taxes | $18.2M | $8.9M |
| Provision for income taxes | $810.0K | $305.0K |
| Net income | $17.4M | $8.6M |
| Basic (in dollars per share) | $0.22 | $0.11 |
| Diluted (in dollars per share) | $0.20 | $0.11 |
| Basic (in shares) | 79.2M shares | 75.9M shares |
| Diluted (in shares) | 85.4M shares | 78.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents, including restricted cash of $152 for both periods presented | $64.8M | $44.7M | $27.3M |
| Trade receivables, net of allowances of $147 and $95, respectively | $9.7M | $7.8M | |
| Inventories | $20.4M | $9.2M | |
| Assets held for sale | $541.0K | $0 | |
| Prepaid expenses and other assets | $1.3M | $2.5M | |
| Total current assets | $96.8M | $64.1M | |
| Leasehold improvements and equipment, net | $1.3M | $1.7M | |
| Intangible assets, net | $5.7M | $359.0K | |
| Right-of-use assets | $2.2M | $1.7M | |
| Other long-term assets | $425.0K | $368.0K | |
| Total assets | $106.4M | $68.3M | |
| Accounts payable | $10.8M | $8.5M | |
| Accrued expenses | $7.7M | $7.8M | |
| Current maturities of operating lease obligations | $1.0M | $982.0K | |
| Current maturities of finance lease obligations | $0 | $12.0K | |
| Customer deposits | $399.0K | $611.0K | |
| Total current liabilities | $19.9M | $17.9M | |
| Deferred revenue | $2.7M | $2.6M | |
| Operating lease obligations, less current maturities | $1.8M | $1.7M | |
| Deferred consideration liability | $5.5M | $0 | |
| Total liabilities | $29.9M | $22.2M | |
| Common stock, $0.001 par value; authorized 150,000 shares; 79,714 shares and 77,330 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively. | $79.0K | $77.0K | |
| Additional paid-in capital | $241.0M | $227.9M | |
| Accumulated deficit | -$164.5M | -$181.9M | |
| Cumulative translation adjustments | -$9.0K | -$4.0K | |
| Total stockholders' equity | $76.5M | $46.1M | $28.5M |
| Total liabilities and stockholders' equity | $106.4M | $68.3M | |
| Restricted cash | $152.0K | $152.0K | $152.0K |
| Trade receivables, allowance | $147.0K | $95.0K | |
| Common stock par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock authorized (in shares) | 150.0M shares | 150.0M shares | |
| Common stock issued (in shares) | 79.7M shares | 77.3M shares | |
| Common stock outstanding (in shares) | 79.7M shares | 77.3M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents, including restricted cash of $152 for both periods presented | $64.8M | $44.7M | $27.3M |
| Trade receivables, net of allowances of $147 and $95, respectively | $9.7M | $7.8M | |
| Inventories | $20.4M | $9.2M | |
| Assets held for sale | $541.0K | $0 | |
| Prepaid expenses and other assets | $1.3M | $2.5M | |
| Total current assets | $96.8M | $64.1M | |
| Leasehold improvements and equipment, net | $1.3M | $1.7M | |
| Intangible assets, net | $5.7M | $359.0K | |
| Right-of-use assets | $2.2M | $1.7M | |
| Other long-term assets | $425.0K | $368.0K | |
| Total assets | $106.4M | $68.3M | |
| Accounts payable | $10.8M | $8.5M | |
| Accrued expenses | $7.7M | $7.8M | |
| Current maturities of operating lease obligations | $1.0M | $982.0K | |
| Current maturities of finance lease obligations | $0 | $12.0K | |
| Customer deposits | $399.0K | $611.0K | |
| Total current liabilities | $19.9M | $17.9M | |
| Deferred revenue | $2.7M | $2.6M | |
| Operating lease obligations, less current maturities | $1.8M | $1.7M | |
| Deferred consideration liability | $5.5M | $0 | |
| Total liabilities | $29.9M | $22.2M | |
| Common stock, $0.001 par value; authorized 150,000 shares; 79,714 shares and 77,330 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively. | $79.0K | $77.0K | |
| Additional paid-in capital | $241.0M | $227.9M | |
| Accumulated deficit | -$164.5M | -$181.9M | |
| Cumulative translation adjustments | -$9.0K | -$4.0K | |
| Total stockholders' equity | $76.5M | $46.1M | $28.5M |
| Total liabilities and stockholders' equity | $106.4M | $68.3M | |
| Restricted cash | $152.0K | $152.0K | $152.0K |
| Trade receivables, allowance | $147.0K | $95.0K | |
| Common stock par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock authorized (in shares) | 150.0M shares | 150.0M shares | |
| Common stock issued (in shares) | 79.7M shares | 77.3M shares | |
| Common stock outstanding (in shares) | 79.7M shares | 77.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $17.4M | $8.6M |
| Depreciation of leasehold improvements and equipment | $612.0K | $663.0K |
| Amortization of intangibles | $173.0K | $151.0K |
| Noncash lease expense | $665.0K | $670.0K |
| Share-based compensation expense | $6.1M | $3.7M |
| Loss (gain) on sale or disposal of leasehold improvements and equipment | $4.0K | -$19.0K |
| Allowance for (Recovery of) credit losses | -$1.2M | -$1.3M |
| Reversal of previously accrued royalties and license maintenance fees | $0 | -$3.5M |
| Gain on settlement of royalty obligation | -$2.0M | $0 |
| Interest accretion on deferred consideration | $38.0K | $0 |
| Non-cash financing costs | $59.0K | $80.0K |
| Trade receivables | -$756.0K | -$1.3M |
| Inventories | -$11.6M | $5.3M |
| Implementation costs for cloud computing arrangement | -$66.0K | -$83.0K |
| Prepaid expenses and other assets | $1.1M | -$45.0K |
| Accounts payable | $2.3M | -$1.1M |
| Accrued expenses | $1.8M | $1.2M |
| Deferred revenue | $95.0K | -$732.0K |
| Customer deposits and other | -$217.0K | $416.0K |
| Operating lease liabilities | -$949.0K | -$615.0K |
| Net cash provided by operating activities | $13.5M | $12.1M |
| Purchases of leasehold improvements and equipment | -$292.0K | -$163.0K |
| Proceeds from the sale of leasehold improvements and equipment, net | $0 | $20.0K |
| Net cash used in investing activities | -$292.0K | -$143.0K |
| Proceeds from exercise of stock options | $7.2M | $5.4M |
| Repurchase of common stock | -$251.0K | $0 |
| Payment of debt issuance costs | -$67.0K | -$52.0K |
| Principal payments on finance leases | -$12.0K | -$11.0K |
| Net cash provided by financing activities | $6.9M | $5.4M |
| Net increase in cash and cash equivalents | $20.1M | $17.3M |
| Cash payments for interest on finance leases | $1.0K | $1.0K |
| Cash payments for principal on operating lease liabilities | $873.0K | $600.0K |
| Right-of-use assets and operating lease obligations incurred for entering into lease amendment | $1.1M | $0 |
| Acquisition of patent intangible asset and deferred consideration liability | $5.5M | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Niagen Bioscience, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerRobert N. Fried Jun 26, 2018 to now13
- Chief executive officerJeffrey Himmel Feb 1, 2012 to Feb 24, 201214
- Chief executive officerFrank L. Jaksch Jr. Jun 25, 2008 to May 17, 201815
- ChairFrank L. Jaksch Jr. Feb 22, 2019 to Feb 22, 202216
- PresidentRobert N. Fried Mar 14, 2017 to May 16, 201817
- PresidentWilliam Spengler Nov 15, 2010 to Dec 8, 201118
- PresidentFrank L. Jaksch Jr. Jun 25, 2008 to Dec 12, 201615
- Chief financial officerOzan Pamir Oct 23, 2024 to now19
- Chief financial officerBrianna Gerber Aug 12, 2022 to Feb 23, 202420
- Chief financial officerKevin M. Farr Oct 10, 2017 to Aug 12, 202221
- Chief financial officerThomas C. Varvaro Jun 25, 2008 to Aug 17, 201622
- Chief operating officerRobert N. Fried Jan 23, 2018 to May 16, 201823
- Chief operating officerTroy Allen Rhonemus Mar 10, 2014 to Aug 17, 201624
- Chief operating officerDebra Heim Feb 24, 2012 to Feb 24, 201225
Board members and other officers (33)
- Cheif Executive OfficerRobert N. Fried Oct 3, 2022 to Feb 17, 202326
- SVP Global Mktg Chf Commns OfcMegan Kern Jordan Mar 31, 2020 to Mar 31, 202027
- EXECUTIVE VICE PRESIDENTTroy Allen Rhonemus Jan 23, 2018 to Jan 23, 201828
- CHIEF MARKETING OFFICERLisa Bratkovich Jun 6, 2018 to Feb 22, 201929
- CSOFrank L. Jaksch Jr. Feb 14, 2012 to May 17, 201230
- Chief Finanical OfficerThomas C. Varvaro Apr 6, 2010 to May 24, 201031
- Board memberAnn Cohen Apr 19, 2022 to now32
- Board memberKristin Patrick Apr 19, 2022 to now33
- Board memberHamed Shahbazi Aug 12, 2022 to now34
- Board memberCaroline S. Levy Dec 2, 2021 to Dec 2, 202135
- Board memberWang Yu Gary Ng Dec 14, 2021 to now36
- Board memberTsz Ho Tony Lau Aug 21, 2017 to Jun 22, 202137
- Board memberWing Tak Wendy Yu Aug 21, 2017 to now38
- Board memberWilliam D. Smithburg Jun 14, 2016 to Jun 14, 201639
- Board memberKurt A. Gustafson Oct 27, 2016 to Jun 22, 202140
- Board memberJeff Baxter Jun 9, 2015 to Jun 22, 202141
- Board memberRobert N. Fried Jul 13, 2015 to now42
- Board memberJeffrey Himmel Feb 9, 2012 to Feb 24, 201243
- Board memberCurtis Lockshin Mar 31, 2011 to Dec 26, 201244
- Board memberBarry C. Honig Oct 24, 2011 to Jun 27, 201445
- Board memberWilliam Spengler Dec 8, 2011 to Dec 8, 201146
- Board memberGlenn L. Halpryn May 24, 2010 to Jul 7, 201547
- Board memberMichael Brauser May 24, 2010 to Jun 27, 201448
- Board memberFrank L. Jaksch Jr. Jun 25, 2008 to now15
- Board memberHugh D. P. Dunkerley Jun 25, 2008 to Jul 7, 201549
- Board memberKevin M. Jaksch Jun 25, 2008 to Apr 6, 201050
- Board memberMark Germain Jun 25, 2008 to Jun 27, 201451
- Board memberReid J. D. Dabney Jun 25, 2008 to Jul 8, 201552
- Board memberThomas C. Varvaro Jun 25, 2008 to Apr 6, 201022
- Board memberStephen A. Block Jun 26, 2008 to Jun 22, 202153
- General counselCarlos Luis Lopez Nov 8, 2024 to now54
- General counselLisa Hatton Harrington Mar 15, 2021 to Mar 17, 202155
- General counselMark J. Friedman Jan 24, 2018 to Nov 6, 202056
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
Filings
215 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 56 major events, 88 insider forms, 14 large holders, 1 private raises, 36 other. The latest 20:
- Aug 4, 202610-Q EDGAR
- Aug 4, 20268-K EDGAR
- Jul 29, 2026SCHEDULE 13G EDGAR
- Jul 10, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Jul 9, 2026EFFECT EDGAR
- Jul 8, 20264 EDGAR
- Jul 8, 20264 EDGAR
- Jul 8, 20264 EDGAR
- Jun 29, 20268-K EDGAR
- Jun 29, 2026S-3 REGISTRATION STATEMENT EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- May 6, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- Apr 29, 2026ARS EDGAR
The 215 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
16 open-market trades by officers, directors and large owners since October 2021: 13 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 14, 2025 | Pamir OzanChief Financial Officer | Buy | 6,685 | $6.82 | $45.6K | Form 4 |
| Mar 7, 2025 | Lopez Carlos LuisSVP, General Counsel | Buy | 273 | $7.86 | $2.1K | Form 4 |
| Dec 13, 2024 | Jaksch Frank L JrDirector | Sale | 37,161 | $6.19 | $230.0K | Form 4 |
| Nov 22, 2024 | Pamir OzanChief Financial Officer | Buy | 2,907 | $7.36 | $21.4K | Form 4 |
| Aug 23, 2024 | Patrick KristinDirector | Sale | 23,000 | $3.57 | $82.1K | Form 4 |
| Aug 20, 2024 | Li Ka Shing10% owner | Sale | 11,408,715 | Form 4 | ||
| Aug 20, 2024 | Winsave Resources Ltd10% owner | Buy | 11,408,715 | Form 4 | ||
| Dec 1, 2023 | Gerber BriannaChief Financial Officer | Buy | 5,000 | $1.41 | $7.0K | Form 4 |
| Sep 6, 2023 | Champion River Ventures Ltd10% owner | Buy | 3,467,778 | Form 4 | ||
| Jun 12, 2023 | Jaksch Frank L JrDirector | Buy | 7,000 | $1.69 | $11.8K | Form 4 |
| May 31, 2023 | Fried Robert NChief Executive Officer | Buy | 7,000 | $1.42 | $9.9K | Form 4 |
| May 25, 2023 | Rubin Steven DDirector | Buy | 7,000 | $1.46 | $10.2K | Form 4 |
| Sep 30, 2022 | Fried Robert NChief Executive Officer | Buy | 80,000 | $1.25 | $100.0K | Form 4 |
| Sep 30, 2022 | Pioneer Step Holdings Ltd10% owner | Buy | 960,000 | $1.25 | $1.2M | Form 4 |
| Jun 16, 2022 | Chau Hoi Shuen Solina Holly10% owner | Buy | 60,037 | $1.66 | $99.7K | Form 4 |
| Mar 16, 2022 | Fried Robert NChief Executive Officer | Buy | 25,000 | $2.16 | $54.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 1 filing Jul 29, 202658
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Oct 31, 2025 to Jan 30, 202659
- Pioneer Step Holdings LtdSC 13D/A, 3 filings May 20, 2022 to Aug 21, 202460
- Prime Tech Global LtdSC 13D/A, 1 filing Aug 21, 202461
- Champion River Ventures LtdSC 13D/A, 2 filings Oct 3, 2022 to Sep 7, 202362
- Des Produits Nestle S.a. SocieteSC 13G, 1 filing Oct 19, 202263
- Yong Rong (HK) Asset Management LtdSC 13G/A, 2 filings Feb 11, 2022 to Jun 27, 202264
- Li Ka ShingSC 13D/A, 1 filing May 20, 202265
- Li Ka Shing (Global) FoundationSC 13G/A, 1 filing Feb 11, 202266
Money raised
Private offerings the company reported to the SEC on Form D.
- Sep 30, 2022Raised $3.1 million in a private offering of equity Form D: 3 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARFrank L. Jaksch Jr., Chair
- 17SEC EDGARRobert N. Fried, President
- 18SEC EDGARWilliam Spengler, President
- 19SEC EDGAROzan Pamir, Chief financial officer
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- 25SEC EDGARDebra Heim, Chief operating officer
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- 30SEC EDGARFrank L. Jaksch Jr., CSO
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- 32SEC EDGARAnn Cohen, Board member
- 33SEC EDGARKristin Patrick, Board member
- 34SEC EDGARHamed Shahbazi, Board member
- 35SEC EDGARCaroline S. Levy, Board member
- 36SEC EDGARWang Yu Gary Ng, Board member
- 37SEC EDGARTsz Ho Tony Lau, Board member
- 38SEC EDGARWing Tak Wendy Yu, Board member
- 39SEC EDGARWilliam D. Smithburg, Board member
- 40SEC EDGARKurt A. Gustafson, Board member
- 41SEC EDGARJeff Baxter, Board member
- 42SEC EDGARRobert N. Fried, Board member
- 43SEC EDGARJeffrey Himmel, Board member
- 44SEC EDGARCurtis Lockshin, Board member
- 45SEC EDGARBarry C. Honig, Board member
- 46SEC EDGARWilliam Spengler, Board member
- 47SEC EDGARGlenn L. Halpryn, Board member
- 48SEC EDGARMichael Brauser, Board member
- 49SEC EDGARHugh D. P. Dunkerley, Board member
- 50SEC EDGARKevin M. Jaksch, Board member
- 51SEC EDGARMark Germain, Board member
- 52SEC EDGARReid J. D. Dabney, Board member
- 53SEC EDGARStephen A. Block, Board member
- 54SEC EDGARCarlos Luis Lopez, General counsel
- 55
- 56SEC EDGARMark J. Friedman, General counsel
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