NASDAQ : CDIO
Cardio Diagnostics Holdings, Inc. — Financial statements
Healthcare · Biotechnology · United States
Last price 1.67 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.94M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Cardio Diagnostics Holdings, Inc. (CDIO) reported revenue of 14.45K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 14.45K | 14.82K | 34.89K | 17.07K | 950.00 | 901.00 |
| Gross Profit | 14.45K | 14.82K | 34.89K | 17.07K | 950.00 | 901.00 |
| Selling, General & Admin | 5.63M | 5.79M | 8.15M | 7.10M | 4.49M | 573.88K |
| Research & Development | 636.60K | 641.21K | 227.97K | 145.18K | 40.45K | 31.47K |
| Amortization of Goodwill & Intangibles | 22.43K | 65.23K | 19.74K | 19.18K | 16.00K | 16.00K |
| Operating Expenses | 6.47M | 6.50M | 8.40M | 7.26M | 4.55M | 621.35K |
| Operating Income | -6.46M | -6.48M | -8.37M | -7.24M | -4.55M | -620.45K |
| Interest Expense | -12.30K | -14.80K | -18.64K | -6.74M | ||
| Interest & Investment Income | 572.00 | 712.00 | 1.06K | 1.07K | ||
| Other Non Operating Income (Expenses) | 5.41M | |||||
| EBT Excluding Unusual Items | -6.47M | -6.50M | -8.38M | -8.57M | -4.55M | -620.45K |
| Merger & Restructuring Charges | -112.53K | |||||
| Other Unusual Items | 193.35K | |||||
| Pretax Income | -6.47M | -6.50M | -8.38M | -8.38M | -4.66M | -620.45K |
| Net Income | -6.47M | -6.50M | -8.38M | -8.38M | -4.66M | -620.45K |
| Net Income to Common | -6.47M | -6.50M | -8.38M | -8.38M | -4.66M | -620.45K |
| Shares Outstanding (Basic) | 2.35M | 1.75M | 896.42K | 422.84K | 102.92K | 38.77K |
| Shares Outstanding (Diluted) | 2.35M | 1.75M | 896.42K | 422.84K | 102.92K | 38.77K |
| EPS (Basic) | -2.76 | -3.71 | -9.35 | -19.81 | -45.29 | -16.00 |
| EPS (Diluted) | -2.76 | -3.71 | -9.35 | -19.81 | -45.29 | -16.00 |
| Free Cash Flow | -5.82M | -5.91M | -5.21M | -6.25M | -5.09M | -585.29K |
| Free Cash Flow Per Share | -2.48 | -3.38 | -5.81 | -14.78 | -49.46 | -15.10 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | -44,690.68% | -43,737.46% | -23,977.87% | -42,440.43% | -478,784.32% | -68,862.15% |
| Profit Margin | -44,771.83% | -43,832.49% | -24,028.24% | -49,087.81% | -490,630.00% | -68,862.15% |
| Free Cash Flow Margin | -40,307.52% | -39,893.09% | -14,926.54% | -36,612.00% | -535,891.37% | -64,960.15% |
| EBITDA | -6.08M | -6.09M | -8.09M | -7.13M | -4.53M | -604.45K |
| D&A For EBITDA | 373.76K | 398.13K | 276.35K | 111.62K | 16.00K | 16.00K |
| EBIT | -6.46M | -6.48M | -8.37M | -7.24M | -4.55M | -620.45K |
| Advertising Expenses | 105.12K | 182.45K | 158.51K | 92.70K | 103.32K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.59M | 5.11M | 7.83M | 1.28M | 4.12M | 512.77K |
| Cash & Short-Term Investments | 5.59M | 5.11M | 7.83M | 1.28M | 4.12M | 512.77K |
| Accounts Receivable | 3.90K | 8.13K | 18.61K | 4.96K | 901.00 | |
| Other Receivables | 253.00K | |||||
| Receivables | 3.90K | 8.13K | 18.61K | 257.96K | 901.00 | |
| Prepaid Expenses | 442.18K | 478.02K | 576.37K | 775.16K | 1.77M | 39.84K |
| Other Current Assets | 127.18K | 323.92K | 368.31K | 449.04K | 250.00K | |
| Total Current Assets | 6.16M | 5.92M | 8.79M | 2.77M | 5.89M | 803.51K |
| Property, Plant & Equipment | 782.47K | 959.68K | 1.11M | 1.15M | ||
| Other Intangible Assets | 970.78K | 873.18K | 706.42K | 536.74K | 358.64K | 298.49K |
| Other Long-Term Assets | 12.85K | 12.85K | 12.85K | 12.85K | 4.95K | |
| Total Assets | 7.93M | 7.77M | 10.62M | 4.46M | 6.25M | 1.10M |
| Accounts Payable | 130.08K | 97.44K | 87.66K | 243.21K | 1.10M | 33.88K |
| Short-Term Debt | 67.45K | 269.79K | 306.76K | 374.00K | 849.03K | |
| Current Portion of Leases | 161.67K | 237.61K | 237.27K | 223.93K | ||
| Total Current Liabilities | 359.20K | 604.84K | 631.70K | 841.14K | 1.95M | 33.88K |
| Long-Term Leases | 140.58K | 188.22K | 425.83K | 663.10K | ||
| Total Liabilities | 499.78K | 793.06K | 1.06M | 1.50M | 1.95M | 33.88K |
| Common Stock | 29.00 | 18.00 | 15.00 | 205.00 | 95.00 | 123.00 |
| Additional Paid-In Capital | 39.97M | 36.22M | 32.31M | 17.33M | 10.29M | 2.40M |
| Retained Earnings | -32.54M | -29.25M | -22.75M | -14.37M | -5.99M | -1.33M |
| Shareholders' Equity | 7.43M | 6.97M | 9.56M | 2.96M | 4.30M | 1.07M |
| Total Liabilities & Equity | 7.93M | 7.77M | 10.62M | 4.46M | 6.25M | 1.10M |
| Total Debt | 369.70K | 695.62K | 969.86K | 1.26M | 849.03K | |
| Net Cash (Debt) | 5.22M | 4.42M | 6.86M | 22.50K | 3.27M | 512.77K |
| Net Cash Per Share | 2.22 | 2.52 | 7.65 | 0.05 | 31.76 | 13.22 |
| Filing Date Shares Outstanding | 2.96M | 2.96M | 1.74M | 719.70K | 320.49K | 1.23M |
| Total Common Shares Outstanding | 2.96M | 1.83M | 1.53M | 684.68K | 317.16K | 1.23M |
| Working Capital | 5.80M | 5.32M | 8.16M | 1.92M | 3.94M | 769.62K |
| Book Value Per Share | 2.51 | 3.82 | 6.24 | 4.32 | 13.56 | 0.87 |
| Tangible Book Value | 6.46M | 6.10M | 8.85M | 2.42M | 3.94M | 769.62K |
| Tangible Book Value Per Share | 2.18 | 3.34 | 5.78 | 3.54 | 12.43 | 0.62 |
| Machinery | 477.35K | 475.59K | 288.27K | 93.49K | ||
| Leasehold Improvements | 502.15K | 502.15K | 502.15K | 482.17K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.47M | -6.50M | -8.38M | -8.38M | -4.66M | -620.45K |
| Depreciation & Amortization | 373.76K | 398.13K | 276.35K | 111.62K | 16.00K | 16.00K |
| Stock-Based Compensation | 97.93K | 110.23K | 2.59M | 1.28M | 60.00K | |
| Other Operating Activities | 1.10M | 112.53K | -3.28K | |||
| Change in Accounts Receivable | 9.02K | 10.49K | -13.65K | -4.96K | 901.00 | -901.00 |
| Change in Accounts Payable | 81.36K | 9.78K | -155.55K | -781.50K | 136.35K | -5.65K |
| Change in Other Net Operating Assets | 247.62K | 242.70K | 692.04K | 995.27K | -695.77K | -31.01K |
| Operating Cash Flow | -5.66M | -5.73M | -4.99M | -5.67M | -5.09M | -585.29K |
| Capital Expenditures | -164.59K | -187.32K | -214.76K | -575.66K | ||
| Cash Acquisitions | 4.02K | -250.00K | ||||
| Sale (Purchase) of Intangibles | -282.07K | -231.99K | -189.43K | -197.28K | -76.15K | -114.03K |
| Other Investing Activities | -21.35K | -295.87K | ||||
| Investing Cash Flow | -446.66K | -419.31K | -404.19K | -794.29K | -368.00K | -364.03K |
| Short-Term Debt Issued | 4.50M | |||||
| Total Debt Issued | 4.50M | |||||
| Short-Term Debt Repaid | -374.21K | -450.69K | -942.53K | -188.67K | ||
| Total Debt Repaid | -346.48K | -374.21K | -450.69K | -942.53K | -188.67K | |
| Net Debt Issued (Repaid) | -346.48K | -374.21K | -450.69K | 3.56M | -188.67K | |
| Issuance of Common Stock | 4.07M | 3.80M | 12.39M | 390.00K | 11.99M | 1.23M |
| Other Financing Activities | -315.00K | -2.73M | ||||
| Financing Cash Flow | 3.73M | 3.43M | 11.94M | 3.63M | 9.06M | 1.23M |
| Net Cash Flow | -2.38M | -2.72M | 6.54M | -2.83M | 3.60M | 275.68K |
| Free Cash Flow | -5.82M | -5.91M | -5.21M | -6.25M | -5.09M | -585.29K |
| Free Cash Flow Margin | -40,307.52% | -39,893.09% | -14,926.54% | -36,612.00% | -535,891.37% | -64,960.15% |
| Free Cash Flow Per Share | -2.48 | -3.38 | -5.81 | -14.78 | -49.46 | -15.10 |
| Levered Free Cash Flow | -3.77M | -3.81M | -2.41M | -8.69M | -3.32M | -1.06M |
| Unlevered Free Cash Flow | -3.77M | -3.80M | -2.40M | -4.48M | -3.32M | -1.06M |
| Cash Interest Paid | 12.30K | 14.80K | 18.64K | 30.49K | 5.83K | |
| Change in Working Capital | 338.00K | 262.97K | 522.84K | 208.81K | -558.52K | -37.56K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.94M | 4.95M | 37.08M | 51.09M | 10.09M | |
| Enterprise Value | -274.69K | -920.02K | 35.82M | 49.32M | 1.12M | |
| Last Close Price | 1.67 | 2.71 | 27.51 | 74.70 | 31.80 | |
| PS Ratio | 342.03 | 333.80 | 1,062.86 | 2,993.68 | 10,616.42 | |
| PB Ratio | 0.67 | 0.71 | 3.88 | 17.27 | 2.35 | |
| P/TBV Ratio | 0.77 | 0.81 | 4.19 | 21.10 | 2.56 | |
| EV/Sales Ratio | 1,026.69 | 2,890.32 | 1,180.62 | |||
| Debt / Equity Ratio | 0.05 | 0.10 | 0.10 | 0.43 | 0.20 | |
| Net Debt / Equity Ratio | -0.70 | -0.63 | -0.72 | -0.01 | -0.76 | -0.48 |
| Net Debt / EBITDA Ratio | 0.86 | 0.72 | 0.85 | 0.00 | 0.72 | 0.85 |
| Net Debt / FCF Ratio | 0.90 | 0.75 | 1.32 | 0.00 | 0.64 | 0.88 |
| Asset Turnover | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Quick Ratio | 15.56 | 8.46 | 12.42 | 1.83 | 2.11 | 15.16 |
| Current Ratio | 17.15 | 9.79 | 13.92 | 3.29 | 3.02 | 23.71 |
| Return on Equity (ROE) | -75.44% | -78.62% | -133.97% | -230.77% | -173.60% | -109.96% |
| Return on Assets (ROA) | -44.06% | -44.09% | -69.36% | -84.52% | -77.34% | -50.09% |
| Return on Capital Employed (ROCE) | -85.30% | -90.50% | -83.80% | -200.00% | -105.70% | -58.10% |
| Earnings Yield | -165.18% | -131.31% | -22.61% | -16.40% | -46.21% | |
| FCF Yield | -117.85% | -119.51% | -14.04% | -12.23% | -50.48% | |
| Buyback Yield / Dilution | -68.88% | -95.38% | -112.00% | -310.83% | -165.44% | -12.35% |