BIAF Chart
About

bioAffinity Technologies, Inc. engages in developing non-invasive diagnostics to detect early-stage lung cancer and other diseases of the lung using flow cytometry and automated analysis in the United States. It operates through two segments: Diagnostic Research and Development; and Laboratory Services. The company offers CyPath lung which uses flow cytometry technology to detect and analyze cell populations in a person's sputum, or phlegm, to find characteristics indicative of lung cancer, including cancer and/or cancer-related cells that have shed from a lung tumor. bioAffinity Technologies, Inc. was incorporated in 2014 and is based in San Antonio, Texas.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Diagnostics & Research Market Cap 4.68M
Enterprise Value -2.32M Income -14.74M Sales 6.78M
Book/sh 2.57 Cash/sh 1.71 Dividend Yield —
Payout 0.00% Employees 57 IPO —
P/E — Forward P/E -1.73 PEG —
P/S 0.69 P/B 0.40 P/C —
EV/EBITDA 0.23 EV/Sales -0.34 Quick Ratio 3.44
Current Ratio 3.65 Debt/Eq 7.65 LT Debt/Eq —
EPS (ttm) -13.83 EPS next Y -0.60 EPS Growth —
Revenue Growth -38.50% Earnings 2025-11-14 08:00 ROA -71.71%
ROE -245.18% ROIC — Gross Margin 27.86%
Oper. Margin -158.56% Profit Margin -217.50% Shs Outstand 4.50M
Shs Float 4.02M Short Float 0.90% Short Ratio 0.55
Short Interest — 52W High 46.53 52W Low 0.69
Beta 2.46 Avg Volume 103.21K Volume 195.15K
Target Price — Recom None Prev Close $1.10
Price $1.04 Change -5.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.99
Latest analyst target
3. DCF / Fair value
$-16.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.99
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-04-01 down Maxim Group Buy → Hold —
2024-07-23 init Maxim Group — → Buy $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 37037 — — Stock Award(Grant) at price 0.00 per share. ZANNES MARIA Chief Executive Officer — 2025-01-10 00:00:00 D
1 14814 — — Stock Award(Grant) at price 0.00 per share. GIRGENTI STEVEN Officer and Director — 2025-01-10 00:00:00 D
2 6172 — — Stock Award(Grant) at price 0.00 per share. EDWARDS JAMES MICHAEL CPA Chief Financial Officer — 2025-01-10 00:00:00 D
3 8641 — — Stock Award(Grant) at price 0.00 per share. ZANNES TIMOTHY PETER General Counsel — 2025-01-10 00:00:00 D
4 21604 — — Stock Award(Grant) at price 0.00 per share. REVELES XAVIER TRINIDAD Chief Operating Officer — 2025-01-10 00:00:00 D
5 100000 — — Stock Award(Grant) at price 0.00 per share. EDWARDS JAMES MICHAEL CPA Chief Financial Officer — 2024-11-05 00:00:00 D
6 33784 — — Stock Award(Grant) at price 0.00 per share. KNIGHT PETER S Director — 2024-07-01 00:00:00 D
7 33784 — — Stock Award(Grant) at price 0.00 per share. DIAMOND STUART Director — 2024-07-01 00:00:00 D
8 33784 — — Stock Award(Grant) at price 0.00 per share. ZANNES MARIA Chief Executive Officer — 2024-07-01 00:00:00 D
9 33784 — — Stock Award(Grant) at price 0.00 per share. ANDERSON ROBERT A Director — 2024-07-01 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00-1.04M
TaxRateForCalcs0.000.210.000.27
NormalizedEBITDA-8.33M-7.63M-5.82M-1.48M
TotalUnusualItems0.00212.26K-3.84M
TotalUnusualItemsExcludingGoodwill0.00212.26K-3.84M
NetIncomeFromContinuingOperationNetMinorityInterest-9.04M-7.94M-8.15M-6.33M
ReconciledDepreciation605.64K249.59K10.18K4.82K
ReconciledCostOfRevenue5.98M1.74M467.000.00
EBITDA-8.33M-7.63M-5.61M-5.32M
EBIT-8.94M-7.88M-5.62M-5.32M
NetInterestIncome-74.86K85.01K-2.49M-1.00M
InterestExpense92.47K37.12K2.53M1.00M
InterestIncome17.61K122.13K46.71K424.00
NormalizedIncome-9.04M-7.94M-8.37M-3.52M
NetIncomeFromContinuingAndDiscontinuedOperation-9.04M-7.94M-8.15M-6.33M
TotalExpenses18.32M10.51M4.02M2.21M
TotalOperatingIncomeAsReported-8.95M-7.97M-4.01M-2.21M
DilutedAverageShares404.17K291.58K149.97K90.92K
BasicAverageShares404.17K291.58K149.97K90.92K
DilutedEPS-22.50-27.30-54.30-69.58
BasicEPS-22.50-27.30-54.30-69.58
DilutedNIAvailtoComStockholders-9.04M-7.94M-8.15M-6.33M
NetIncomeCommonStockholders-9.04M-7.94M-8.15M-6.33M
NetIncome-9.04M-7.94M-8.15M-6.33M
NetIncomeIncludingNoncontrollingInterests-9.04M-7.94M-8.15M-6.33M
NetIncomeContinuousOperations-9.04M-7.94M-8.15M-6.33M
TaxProvision11.65K20.99K2.46K1.95K
PretaxIncome-9.03M-7.92M-8.15M-6.32M
OtherIncomeExpense129.00-27.80K-1.65M-3.12M
OtherNonOperatingIncomeExpenses129.00-27.80K-1.87M724.93K
SpecialIncomeCharges0.00212.26K239.20K
OtherSpecialCharges-212.26K-239.20K
GainOnSaleOfSecurity-4.08M
NetNonOperatingInterestIncomeExpense-74.86K85.01K-2.49M-1.00M
InterestExpenseNonOperating92.47K37.12K2.53M1.00M
InterestIncomeNonOperating17.61K122.13K46.71K424.00
OperatingIncome-8.95M-7.97M-4.01M-2.21M
OperatingExpense12.33M8.76M4.02M2.21M
DepreciationAmortizationDepletionIncomeStatement605.64K249.59K10.18K
DepreciationAndAmortizationInIncomeStatement605.64K249.59K10.18K
ResearchAndDevelopment1.78M1.72M1.52M1.14M
SellingGeneralAndAdministration9.94M6.79M2.48M1.07M
GeneralAndAdministrativeExpense880.77K
OtherGandA880.77K
GrossProfit3.38M791.62K4.34K0.00
CostOfRevenue5.98M1.74M467.000.00
TotalRevenue9.36M2.53M4.80K0.00
OperatingRevenue9.35M2.51M0.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber519.22K313.15K279.38K90.92K
ShareIssued519.22K313.15K279.38K90.92K
NetDebt10.00M
TotalDebt1.50M1.58M251.75K11.36M
TangibleBookValue422.41K2.62M11.04M-15.79M
InvestedCapital2.79M4.86M11.30M-4.43M
WorkingCapital-409.81K1.72M10.82M-11.60M
NetTangibleAssets422.41K2.62M11.04M-15.79M
CapitalLeaseObligations1.31M1.58M0.00
CommonStockEquity2.60M4.86M11.04M-15.79M
TotalCapitalization2.62M4.86M11.04M-15.63M
TotalEquityGrossMinorityInterest2.60M4.86M11.04M-15.79M
StockholdersEquity2.60M4.86M11.04M-15.79M
RetainedEarnings-53.64M-44.60M-36.67M-28.51M
AdditionalPaidInCapital56.14M49.39M47.65M12.70M
CapitalStock106.59K65.76K58.67K18.74K
CommonStock106.59K65.76K58.67K18.74K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.91M3.37M1.14M17.24M
TotalNonCurrentLiabilitiesNetMinorityInterest806.73K1.12M0.004.20M
PreferredSecuritiesOutsideStockEquity0.004.04M
LongTermDebtAndCapitalLeaseObligation806.73K1.12M0.00160.18K
LongTermCapitalLeaseObligation786.55K1.12M0.00
LongTermDebt20.18K160.18K
CurrentLiabilities3.10M2.25M1.14M13.04M
CurrentDeferredLiabilities24.40K33.06K0.00
CurrentDeferredRevenue24.40K33.06K0.00
CurrentDebtAndCapitalLeaseObligation694.47K460.17K251.75K11.20M
CurrentCapitalLeaseObligation522.80K460.17K0.00
CurrentDebt171.67K251.75K11.20M
OtherCurrentBorrowings171.67K251.75K11.20M
PensionandOtherPostRetirementBenefitPlansCurrent1.08M857.04K340.68K277.19K
PayablesAndAccruedExpenses1.31M897.56K546.26K1.56M
CurrentAccruedExpenses318.88K292.77K201.21K1.33M
InterestPayable0.001.12M
Payables987.31K604.79K345.04K230.41K
AccountsPayable987.31K604.79K345.04K230.41K
TotalAssets6.51M8.22M12.18M1.45M
TotalNonCurrentAssets3.82M4.25M220.44K15.07K
OtherNonCurrentAssets19.68K16.06K6.00K2.50K
NonCurrentDeferredAssets0.007.94K
GoodwillAndOtherIntangibleAssets2.18M2.24M0.00
OtherIntangibleAssets775.14K833.47K
Goodwill1.40M1.40M0.00
NetPPE1.62M1.99M214.44K4.63K
AccumulatedDepreciation-536.25K-373.12K-269.18K-259.00K
GrossPPE2.16M2.37M483.62K263.63K
Leases482.36K380.25K0.00
OtherProperties1.44M1.81M462.15K242.17K
MachineryFurnitureEquipment229.54K174.60K21.46K21.46K
BuildingsAndImprovements1.54M0.00
Properties0.000.000.00
CurrentAssets2.70M3.97M11.96M1.44M
OtherCurrentAssets174.63K149.16K191.82K59.30K
PrepaidAssets248.36K171.85K340.08K16.77K
Inventory27.61K18.48K5.54K0.00
Receivables1.14M811.67K10.49K1.53K
OtherReceivables27.87K29.55K10.49K
AccountsReceivable1.11M782.12K0.001.53K
CashCashEquivalentsAndShortTermInvestments1.11M2.82M11.41M1.36M
CashAndCashEquivalents1.11M2.82M11.41M1.36M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-7.34M-6.06M-4.29M-2.05M
RepaymentOfDebt-361.18K-344.98K-694.98K0.00
IssuanceOfDebt191.85K0.001.28M3.51M
IssuanceOfCapitalStock4.35M0.006.03M0.00
CapitalExpenditure-79.08K-22.90K-219.99K
InterestPaidSupplementalData17.61K37.12K2.46K0.00
IncomeTaxPaidSupplementalData11.65K20.99K30.64K1.95K
EndCashPosition1.11M2.82M11.41M1.36M
BeginningCashPosition2.82M11.41M1.36M83.11K
ChangesInCash-1.72M-8.59M10.05M1.28M
FinancingCashFlow5.63M-344.98K14.34M3.33M
CashFlowFromContinuingFinancingActivities5.63M-344.98K14.34M3.33M
NetOtherFinancingCharges-55.84K-180.75K
ProceedsFromStockOptionExercised1.45M0.007.79M0.00
NetCommonStockIssuance4.35M0.006.03M0.00
CommonStockIssuance4.35M0.006.03M0.00
NetIssuancePaymentsOfDebt-169.33K-344.98K584.16K3.51M
NetShortTermDebtIssuance0.00299.00K3.29M
ShortTermDebtPayments0.00-425.00K0.00
ShortTermDebtIssuance0.00724.00K3.29M
NetLongTermDebtIssuance-169.33K-344.98K285.17K212.26K
LongTermDebtPayments-361.18K-344.98K-269.98K0.00
LongTermDebtIssuance191.85K0.00555.15K212.26K
InvestingCashFlow-79.08K-2.21M-219.99K0.00
CashFlowFromContinuingInvestingActivities-79.08K-2.21M-219.99K0.00
NetBusinessPurchaseAndSale0.00-2.19M0.00
PurchaseOfBusiness0.00-2.19M0.00
NetPPEPurchaseAndSale-79.08K-22.90K-219.99K0.00
PurchaseOfPPE-79.08K-22.90K-219.99K0.00
OperatingCashFlow-7.26M-6.04M-4.07M-2.05M
CashFlowFromContinuingOperatingActivities-7.26M-6.04M-4.07M-2.05M
ChangeInWorkingCapital179.72K900.79K114.20K632.82K
ChangeInOtherWorkingCapital-9.47K40.45K
ChangeInPayablesAndAccruedExpense631.43K347.51K621.46K667.81K
ChangeInAccruedExpense248.91K362.01K506.82K628.79K
ChangeInInterestPayable0.000.00440.49K521.05K
ChangeInPayable382.52K-14.50K114.64K39.02K
ChangeInAccountPayable382.52K-14.50K114.64K39.02K
ChangeInPrepaidAssets-105.59K214.40K-492.75K-34.99K
ChangeInInventory-9.12K-12.94K-5.54K0.00
ChangeInReceivables-327.53K311.37K-8.96K0.00
OtherNonCashItems3.92M-244.35K
StockBasedCompensation989.68K748.82K248.59K43.01K
DepreciationAmortizationDepletion605.64K249.59K10.18K4.82K
DepreciationAndAmortization605.64K249.59K10.18K4.82K
OperatingGainsLosses-212.26K3.84M
GainLossOnInvestmentSecurities4.08M
NetIncomeFromContinuingOperations-9.04M-7.94M-8.15M-6.33M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BIAF
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