Cadiz Key Executives
This section highlights Cadiz's key executives, including their titles and compensation details.
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Cadiz Earnings
This section highlights Cadiz's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County. It is also involved in the cultivation of lemons, and spring and fall plantings of vegetables and grains. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California.
$2.93
Stock Price
$219.91M
Market Cap
25
Employees
Los Angeles, CA
Location
Financial Statements
Access annual & quarterly financial statements for Cadiz, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $9.61M | $1.99M | $1.50M | $564.00K | $541.00K |
| Cost of Revenue | $7.30M | $2.89M | $2.07M | $438.00K | $- |
| Gross Profit | $2.31M | $-896.00K | $-566.00K | $126.00K | $541.00K |
| Gross Profit Ratio | 24.04% | -45.00% | -37.71% | 22.30% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $24.34M | $18.80M | $15.34M | $17.65M | $11.91M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $24.34M | $18.80M | $15.34M | $17.65M | $11.91M |
| Other Expenses | $1.21M | $1.25M | $654.00K | $423.00K | $381.00K |
| Operating Expenses | $25.56M | $20.04M | $16.00M | $18.08M | $12.29M |
| Cost and Expenses | $32.86M | $22.93M | $18.06M | $18.08M | $12.29M |
| Interest Income | $- | $631.00K | $8.26M | $11.96M | $33.00K |
| Interest Expense | $-7.88M | $5.58M | $8.26M | $9.60M | $10.90M |
| Depreciation and Amortization | $- | $1.37M | $672.00K | $438.00K | $381.00K |
| EBITDA | $-23.25M | $-24.49M | $-15.89M | $-17.90M | $-23.59M |
| EBITDA Ratio | -241.98% | -1230.09% | -1058.63% | -3446.45% | -2237.71% |
| Operating Income | $-23.25M | $-20.94M | $-16.56M | $-17.51M | $-11.75M |
| Operating Income Ratio | -241.98% | -1051.73% | -1103.40% | -3104.96% | -2172.64% |
| Total Other Income Expenses Net | $-7.88M | $-10.49M | $-8.26M | $-12.79M | $-23.89M |
| Income Before Tax | $-31.13M | $-31.43M | $-24.82M | $-30.30M | $-35.64M |
| Income Before Tax Ratio | -323.99% | -1578.85% | -1653.90% | -5371.81% | -6587.99% |
| Income Tax Expense | $-11.00K | $11.00K | $7.00K | $10.00K | $7.00K |
| Net Income | $-31.12M | $-31.45M | $-24.83M | $-30.31M | $-35.65M |
| Net Income Ratio | -323.88% | -1579.41% | -1654.36% | -5373.58% | -6589.28% |
| EPS | $-0.45 | $-0.56 | $-0.50 | $-0.75 | $-1.04 |
| EPS Diluted | $-0.45 | $-0.56 | $-0.50 | $-0.75 | $-1.04 |
| Weighted Average Shares Outstanding | 68.85M | 65.66M | 49.87M | 40.56M | 34.19M |
| Weighted Average Shares Outstanding Diluted | 68.85M | 65.66M | 49.87M | 40.56M | 34.19M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.22M | $513.00K | $1.12M | $684.00K | $368.00K | $809.00K | $130.00K | $574.00K | $599.00K | $185.00K | $142.00K | $142.00K | $142.00K | $141.00K | $139.00K | $140.00K | $139.00K | $148.00K | $114.00K | $111.00K |
| Cost of Revenue | $2.41M | $852.00K | $1.33M | $1.74M | $692.00K | $768.00K | $22.00K | $904.00K | $1.16M | $3.39M | $127.00K | $110.00K | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $815.00K | $-339.00K | $-211.00K | $-1.06M | $-324.00K | $41.00K | $108.00K | $-330.00K | $-564.00K | $-3.21M | $15.00K | $32.00K | $142.00K | $141.00K | $139.00K | $140.00K | $139.00K | $148.00K | $114.00K | $111.00K |
| Gross Profit Ratio | 25.28% | -66.10% | -18.80% | -154.70% | -88.00% | 5.10% | 83.08% | -57.50% | -94.20% | -1733.50% | 10.60% | 22.50% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $5.28M | $6.30M | $4.73M | $4.42M | $5.13M | $5.32M | $3.93M | $4.43M | $3.77M | $3.40M | $3.81M | $3.84M | $4.20M | $6.38M | $3.23M | $2.31M | $2.53M | $3.10M | $3.98M | $2.96M |
| Selling and Marketing Expenses | $- | $- | $-33.00K | $-32.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $5.28M | $6.30M | $4.70M | $4.39M | $5.13M | $5.32M | $3.93M | $4.43M | $3.77M | $3.40M | $3.81M | $3.84M | $4.20M | $6.38M | $3.23M | $2.31M | $2.53M | $3.10M | $3.98M | $2.96M |
| Other Expenses | $307.00K | $305.00K | $295.00K | $512.00K | $308.00K | $305.00K | $329.00K | $181.00K | $180.00K | $172.00K | $121.00K | $110.00K | $107.00K | $103.00K | $103.00K | $100.00K | $106.00K | $96.00K | $79.00K | $65.00K |
| Operating Expenses | $5.58M | $6.61M | $4.70M | $4.39M | $5.43M | $5.62M | $4.26M | $4.61M | $3.95M | $3.58M | $3.93M | $3.95M | $4.31M | $6.48M | $3.34M | $2.41M | $2.63M | $3.19M | $4.06M | $3.02M |
| Cost and Expenses | $7.99M | $7.46M | $6.03M | $6.13M | $6.13M | $6.39M | $4.28M | $5.52M | $5.11M | $3.58M | $3.93M | $3.95M | $4.31M | $6.48M | $3.34M | $2.41M | $2.63M | $3.19M | $4.06M | $3.02M |
| Interest Income | $- | $152.00K | $65.00K | $64.00K | $189.00K | $210.00K | $168.00K | $2.12M | $2.10M | $- | $- | $- | $- | $- | $- | $- | $- | $1.00K | $22.00K | $37.00K |
| Interest Expense | $2.05M | $2.07M | $1.70M | $1.37M | $1.36M | $1.34M | $1.50M | $2.12M | $2.10M | $2.06M | $1.99M | $1.99M | $2.00M | $2.94M | $2.67M | $4.26M | $2.00M | $1.96M | $2.94M | $4.15M |
| Depreciation and Amortization | $342.00K | $338.00K | $328.00K | $337.00K | $339.00K | $335.00K | $358.00K | $181.00K | $186.00K | $178.00K | $127.00K | $110.00K | $107.00K | $103.00K | $118.00K | $100.00K | $106.00K | $96.00K | $79.00K | $65.00K |
| EBITDA | $-4.34M | $-6.46M | $-4.82M | $-5.04M | $-5.23M | $-5.39M | $-8.83M | $-4.76M | $-4.26M | $-3.21M | $-3.66M | $-3.70M | $-5.46M | $-6.23M | $-3.09M | $-2.28M | $-2.39M | $-2.44M | $-16.80M | $-2.83M |
| EBITDA Ratio | -134.68% | -1259.06% | -408.56% | -746.78% | -1421.47% | -622.87% | -6790.00% | -829.44% | -710.85% | -1737.30% | -2575.35% | -2606.34% | -2861.97% | -5778.01% | -2536.69% | -1710.00% | -1883.45% | -2146.62% | -3435.96% | -2549.55% |
| Operating Income | $-4.77M | $-6.95M | $-4.91M | $-5.45M | $-5.76M | $-5.58M | $-4.15M | $-4.94M | $-4.44M | $-3.39M | $-3.79M | $-3.81M | $-4.17M | $-6.34M | $-3.20M | $-2.27M | $-2.49M | $-3.05M | $-3.94M | $-2.91M |
| Operating Income Ratio | -147.86% | -1354.58% | -437.82% | -796.05% | -1564.95% | -690.23% | -3193.85% | -860.98% | -741.90% | -1833.51% | -2665.49% | -2683.80% | -2934.51% | -4494.33% | -2300.00% | -1622.86% | -1794.24% | -2058.11% | -3457.89% | -2623.42% |
| Total Other Income Expenses Net | $-2.02M | $-1.92M | $-1.94M | $-1.31M | $-1.17M | $-1.48M | $-6.54M | $-2.12M | $-2.10M | $-2.06M | $-1.99M | $-1.99M | $-3.40M | $-4.86M | $-2.54M | $-4.35M | $-1.92M | $-1.67M | $-15.94M | $-4.13M |
| Income Before Tax | $-6.79M | $-8.87M | $-6.85M | $-6.75M | $-6.93M | $-7.06M | $-10.69M | $-7.06M | $-6.54M | $-5.45M | $-5.78M | $-5.80M | $-7.57M | $-11.20M | $-5.74M | $-6.62M | $-4.41M | $-4.72M | $-19.89M | $-7.04M |
| Income Before Tax Ratio | -210.61% | -1729.04% | -610.79% | -987.13% | -1883.70% | -872.93% | -8222.31% | -1230.14% | -1091.99% | -2944.32% | -4067.61% | -4082.39% | -5328.17% | -7939.72% | -4128.78% | -4730.00% | -3175.54% | -3188.51% | -17443.86% | -6343.24% |
| Income Tax Expense | $3.00K | $2.00K | $3.00K | $3.00K | $4.00K | $2.00K | $2.00K | $2.00K | $2.00K | $1.00K | $2.00K | $5.00K | $2.00K | $1.00K | $2.00K | $2.00K | $2.00K | $1.00K | $2.00K | $2.00K |
| Net Income | $-6.79M | $-8.87M | $-6.85M | $-6.75M | $-6.94M | $-7.06M | $-10.69M | $-7.06M | $-6.54M | $-5.45M | $-5.78M | $-5.80M | $-7.84M | $-11.56M | $-5.94M | $-8.02M | $-4.49M | $-4.79M | $-20.51M | $-7.35M |
| Net Income Ratio | -210.70% | -1729.43% | -611.06% | -987.57% | -1884.78% | -873.18% | -8223.85% | -1230.49% | -1092.32% | -2944.86% | -4069.01% | -4085.92% | -5520.42% | -8200.00% | -4276.26% | -5726.43% | -3232.37% | -3238.51% | -17994.74% | -6619.82% |
| EPS | $-0.12 | $-0.15 | $-0.10 | $-0.10 | $-0.10 | $-0.11 | $-0.19 | $-0.13 | $-0.13 | $-0.11 | $-0.13 | $-0.13 | $-0.19 | $-0.30 | $-0.16 | $-0.23 | $-0.13 | $-0.14 | $-0.66 | $-0.24 |
| EPS Diluted | $-0.12 | $-0.15 | $-0.10 | $-0.10 | $-0.10 | $-0.11 | $-0.19 | $-0.13 | $-0.13 | $-0.11 | $-0.13 | $-0.13 | $-0.19 | $-0.30 | $-0.16 | $-0.23 | $-0.13 | $-0.14 | $-0.66 | $-0.24 |
| Weighted Average Shares Outstanding | 68.02M | 67.77M | 67.00M | 66.71M | 66.61M | 66.61M | 62.64M | 53.33M | 50.79M | 50.77M | 44.43M | 43.41M | 41.85M | 39.10M | 37.83M | 35.04M | 35.04M | 34.80M | 31.11M | 31.11M |
| Weighted Average Shares Outstanding Diluted | 68.02M | 67.77M | 67.00M | 66.71M | 66.61M | 66.61M | 62.64M | 53.33M | 50.79M | 50.77M | 44.43M | 43.41M | 41.85M | 39.10M | 37.83M | 35.04M | 35.04M | 34.80M | 31.11M | 31.11M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $17.29M | $4.50M | $10.00M | $10.96M | $7.29M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $17.29M | $4.50M | $10.00M | $10.96M | $7.29M |
| Net Receivables | $4.59M | $904.00K | $454.00K | $270.00K | $55.00K |
| Inventory | $3.02M | $2.11M | $1.29M | $1.29M | $1 |
| Other Current Assets | $888.00K | $508.00K | $1.08M | $1.98M | $1.38M |
| Total Current Assets | $25.79M | $8.02M | $12.44M | $13.21M | $8.04M |
| Property Plant Equipment Net | $92.11M | $87.65M | $84.69M | $82.17M | $53.50M |
| Goodwill | $5.71M | $5.71M | $5.71M | $3.81M | $3.81M |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $5.71M | $5.71M | $5.71M | $3.81M | $3.81M |
| Long Term Investments | $- | $- | $2.50M | $976.00K | $1.35M |
| Tax Assets | $- | $- | $-2.50M | $4.72M | $- |
| Other Non-Current Assets | $10.89M | $5.99M | $7.95M | $7.60M | $7.66M |
| Total Non-Current Assets | $108.71M | $99.35M | $98.35M | $99.28M | $66.33M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $134.49M | $107.37M | $110.79M | $112.49M | $74.36M |
| Account Payables | $2.26M | $1.25M | $1.11M | $286.00K | $548.00K |
| Short Term Debt | $434.00K | $309.00K | $249.00K | $155.00K | $66.00K |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $1.23M | $373.00K | $750.00K | $750.00K | $674.00K |
| Other Current Liabilities | $10.48M | $3.91M | $4.28M | $2.07M | $2.52M |
| Total Current Liabilities | $14.41M | $5.83M | $5.64M | $2.51M | $3.13M |
| Long Term Debt | $28.75M | $60.91M | $70.14M | $68.59M | $95.78M |
| Deferred Revenue Non-Current | $- | $625.00K | $750.00K | $750.00K | $750.00K |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $-750.00K |
| Other Non-Current Liabilities | $57.38M | $41.00K | $36.00K | $32.00K | $- |
| Total Non-Current Liabilities | $86.13M | $61.57M | $70.92M | $69.37M | $96.53M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $100.53M | $67.41M | $76.56M | $71.88M | $99.66M |
| Preferred Stock | $1.00K | $2.00K | $2.00K | $1.00K | $1.00K |
| Common Stock | $752.00K | $665.00K | $556.00K | $436.00K | $368.00K |
| Retained Earnings | $-676.10M | $-639.85M | $-603.30M | $-573.40M | $-539.41M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $709.30M | $679.15M | $636.96M | $613.57M | $513.74M |
| Total Stockholders Equity | $33.96M | $39.97M | $34.22M | $40.61M | $-25.30M |
| Total Equity | $33.96M | $39.97M | $34.22M | $40.61M | $-25.30M |
| Total Liabilities and Stockholders Equity | $134.49M | $107.37M | $110.79M | $112.49M | $74.36M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $134.49M | $107.37M | $110.79M | $112.49M | $74.36M |
| Total Investments | $- | $134.00K | $2.50M | $976.00K | $1.35M |
| Total Debt | $29.18M | $61.22M | $70.39M | $68.72M | $95.83M |
| Net Debt | $11.89M | $56.71M | $60.39M | $57.76M | $88.54M |
Balance Sheet Charts
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.33M | $10.10M | $19.21M | $4.50M | $13.31M | $19.24M | $26.28M | $10.00M | $6.96M | $13.24M | $18.82M | $10.96M | $18.57M | $11.19M | $18.67M | $7.29M | $7.50M | $5.57M | $10.52M | $15.68M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.35M | $2.35M | $- | $- | $- |
| Cash and Short Term Investments | $3.33M | $10.10M | $19.21M | $4.50M | $13.31M | $19.24M | $26.28M | $10.00M | $6.96M | $13.24M | $18.82M | $10.96M | $18.57M | $11.19M | $18.67M | $7.29M | $7.50M | $5.57M | $10.52M | $15.68M |
| Net Receivables | $3.24M | $1.62M | $1.58M | $904.00K | $410.00K | $880.00K | $225.00K | $454.00K | $546.00K | $154.00K | $124.00K | $270.00K | $83.00K | $66.00K | $18.00K | $55.00K | $96.00K | $138.00K | $76.00K | $49.00K |
| Inventory | $4.35M | $4.50M | $2.76M | $2.11M | $2.13M | $1.17M | $- | $1.29M | $335.00K | $1 | $- | $1.29M | $1.45M | $- | $- | $1 | $- | $- | $- | $- |
| Other Current Assets | $1.09M | $1.01M | $993.00K | $508.00K | $782.00K | $1.90M | $2.96M | $1.08M | $2.08M | $2.20M | $2.06M | $1.98M | $2.19M | $2.47M | $1.64M | $691.00K | $1.27M | $1.26M | $1.26M | $772.00K |
| Total Current Assets | $12.01M | $17.22M | $24.54M | $8.02M | $16.63M | $23.18M | $29.46M | $12.44M | $9.92M | $15.59M | $21.00M | $13.21M | $20.84M | $12.49M | $19.51M | $8.04M | $8.23M | $6.33M | $11.23M | $16.12M |
| Property Plant Equipment Net | $88.95M | $89.25M | $89.30M | $87.65M | $86.00M | $85.93M | $85.72M | $84.69M | $80.77M | $83.78M | $82.66M | $82.17M | $80.87M | $79.39M | $57.01M | $53.50M | $52.68M | $52.45M | $51.63M | $50.01M |
| Goodwill | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $5.71M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M | $3.81M |
| Long Term Investments | $- | $- | $134.00K | $134.00K | $134.00K | $134.00K | $- | $2.50M | $906.00K | $907.00K | $942.00K | $976.00K | $949.00K | $1.04M | $1.29M | $1.35M | $2.35M | $2.00M | $1.03M | $729.00K |
| Tax Assets | $- | $- | $- | $- | $-134.00K | $-134.00K | $- | $-2.50M | $- | $- | $- | $4.72M | $420.00K | $420.00K | $3.00M | $- | $2.00M | $2.00M | $2.00M | $- |
| Other Non-Current Assets | $5.89M | $5.92M | $5.82M | $5.86M | $6.12M | $6.03M | $6.65M | $7.95M | $8.71M | $10.01M | $11.32M | $7.60M | $13.21M | $4.49M | $4.94M | $7.66M | $4.30M | $4.34M | $4.38M | $6.06M |
| Total Non-Current Assets | $100.55M | $100.89M | $100.97M | $99.35M | $97.83M | $97.67M | $98.09M | $98.35M | $94.20M | $98.51M | $98.74M | $99.28M | $99.26M | $89.16M | $70.04M | $66.33M | $65.14M | $64.60M | $62.84M | $60.61M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $112.55M | $118.11M | $125.51M | $107.37M | $114.45M | $120.86M | $127.55M | $110.79M | $104.12M | $114.10M | $119.74M | $112.49M | $120.11M | $101.64M | $89.55M | $74.36M | $73.37M | $70.93M | $74.07M | $76.72M |
| Account Payables | $1.79M | $1.90M | $2.70M | $1.25M | $1.63M | $1.16M | $1.40M | $1.11M | $462.00K | $633.00K | $1.09M | $286.00K | $579.00K | $117.00K | $177.00K | $548.00K | $438.00K | $1.07M | $961.00K | $194.00K |
| Short Term Debt | $510.00K | $497.00K | $328.00K | $436.00K | $431.00K | $360.00K | $240.00K | $358.00K | $148.00K | $109.00K | $132.00K | $155.00K | $182.00K | $93.00K | $99.00K | $66.00K | $80.00K | $52.00K | $65.00K | $75.00K |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $2.03M | $1.84M | $723.00K | $373.00K | $93.00K | $750.00K | $- | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K |
| Other Current Liabilities | $4.52M | $4.88M | $4.82M | $3.78M | $3.78M | $4.25M | $3.79M | $4.17M | $2.17M | $2.84M | $2.78M | $2.07M | $3.91M | $2.13M | $2.04M | $2.52M | $2.59M | $3.06M | $3.52M | $4.54M |
| Total Current Liabilities | $8.85M | $9.12M | $8.57M | $5.83M | $5.93M | $5.77M | $5.43M | $5.64M | $2.78M | $3.59M | $4.01M | $2.51M | $4.67M | $2.34M | $2.32M | $3.13M | $3.11M | $4.19M | $4.55M | $4.80M |
| Long Term Debt | $82.34M | $80.75M | $79.66M | $60.91M | $60.08M | $59.10M | $58.29M | $70.14M | $68.62M | $70.47M | $69.34M | $68.59M | $67.54M | $103.59M | $99.53M | $95.78M | $92.03M | $90.17M | $88.46M | $153.29M |
| Deferred Revenue Non-Current | $- | $625.00K | $625.00K | $625.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K | $750.00K |
| Deferred Tax Liabilities Non-Current | $- | $- | $25.43M | $23.19M | $- | $2.57M | $- | $- | $- | $- | $- | $- | $- | $- | $-750.00K | $-750.00K | $-750.00K | $- | $- | $-15.00K |
| Other Non-Current Liabilities | $669.00K | $43.00K | $42.00K | $41.00K | $39.00K | $2.61M | $2.26M | $36.00K | $35.00K | $34.00K | $33.00K | $32.00K | $31.00K | $31.00K | $750.00K | $- | $- | $2.00K | $3.00K | $- |
| Total Non-Current Liabilities | $83.01M | $81.42M | $80.32M | $61.57M | $60.87M | $62.45M | $61.30M | $70.92M | $69.40M | $71.25M | $70.12M | $69.37M | $68.32M | $104.37M | $100.28M | $96.53M | $92.78M | $90.92M | $89.21M | $154.04M |
| Other Liabilities | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $91.85M | $90.54M | $88.90M | $67.41M | $66.80M | $68.22M | $66.72M | $76.56M | $72.18M | $74.84M | $74.13M | $71.88M | $72.99M | $106.71M | $102.60M | $99.66M | $95.89M | $95.11M | $93.76M | $158.84M |
| Preferred Stock | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $- |
| Common Stock | $679.00K | $676.00K | $671.00K | $665.00K | $664.00K | $664.00K | $663.00K | $556.00K | $506.00K | $506.00K | $506.00K | $436.00K | $424.00K | $405.00K | $382.00K | $368.00K | $353.00K | $347.00K | $347.00K | $285.00K |
| Retained Earnings | $-666.18M | $-658.12M | $-647.97M | $-639.85M | $-631.81M | $-623.61M | $-615.25M | $-603.30M | $-595.16M | $-587.35M | $-580.58M | $-573.40M | $-566.21M | $-556.92M | $-545.36M | $-539.41M | $-531.40M | $-526.90M | $-522.11M | $-501.60M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-1.00K | $-665.00K | $-1.00K | $-1.00K | $- | $- | $- | $- | $- | $- | $-0 | $- | $- | $- | $0 | $- | $- | $-6.69M |
| Other Total Stockholders Equity | $686.20M | $685.02M | $683.90M | $679.15M | $678.80M | $675.57M | $675.41M | $636.96M | $626.59M | $626.10M | $625.67M | $613.57M | $612.90M | $551.45M | $531.92M | $513.74M | $508.53M | $502.38M | $502.08M | $419.19M |
| Total Stockholders Equity | $20.70M | $27.57M | $36.61M | $39.97M | $47.66M | $52.63M | $60.82M | $34.22M | $31.94M | $39.26M | $45.61M | $40.61M | $47.12M | $-5.07M | $-13.05M | $-25.30M | $-22.52M | $-24.18M | $-19.69M | $-82.12M |
| Total Equity | $20.70M | $27.57M | $36.61M | $39.97M | $47.66M | $52.63M | $60.82M | $34.22M | $31.94M | $39.26M | $45.61M | $40.61M | $47.12M | $-5.07M | $-13.05M | $-25.30M | $-22.52M | $-24.18M | $-19.69M | $-82.12M |
| Total Liabilities and Stockholders Equity | $112.55M | $118.11M | $125.51M | $107.37M | $114.45M | $120.86M | $127.55M | $110.79M | $104.12M | $114.10M | $119.74M | $112.49M | $120.11M | $101.64M | $89.55M | $74.36M | $73.37M | $70.93M | $74.07M | $76.72M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $112.55M | $118.11M | $125.51M | $107.37M | $114.45M | $120.86M | $127.55M | $110.79M | $104.12M | $114.10M | $119.74M | $112.49M | $120.11M | $101.64M | $89.55M | $74.36M | $73.37M | $70.93M | $74.07M | $76.72M |
| Total Investments | $- | $134.00K | $134.00K | $134.00K | $134.00K | $134.00K | $- | $2.50M | $906.00K | $907.00K | $942.00K | $976.00K | $949.00K | $1.04M | $1.29M | $2.71M | $4.69M | $2.00M | $1.03M | $729.00K |
| Total Debt | $82.66M | $81.08M | $79.98M | $61.22M | $60.39M | $59.34M | $58.53M | $70.39M | $68.76M | $70.55M | $69.45M | $68.72M | $67.70M | $103.65M | $99.61M | $95.83M | $92.09M | $90.19M | $88.48M | $153.36M |
| Net Debt | $79.34M | $70.98M | $60.77M | $56.71M | $47.09M | $40.10M | $32.25M | $60.39M | $61.81M | $57.31M | $50.63M | $57.76M | $49.12M | $92.47M | $80.94M | $88.54M | $84.58M | $84.62M | $77.96M | $137.68M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-31.14M | $-31.45M | $-24.79M | $-31.25M | $-37.82M |
| Depreciation and Amortization | $1.38M | $1.37M | $672.00K | $438.00K | $381.00K |
| Deferred Income Tax | $- | $- | $- | $1.77M | $14.42M |
| Stock Based Compensation | $4.61M | $1.50M | $1.88M | $4.75M | $2.10M |
| Change in Working Capital | $- | $-1.41M | $-595.00K | $-367.00K | $-2.29M |
| Accounts Receivables | $-3.68M | $-450.00K | $-184.00K | $-215.00K | $-6.00K |
| Inventory | $-914.00K | $-1.79M | $-236.00K | $- | $- |
| Accounts Payables | $-392.00K | $937.00K | $113.00K | $-92.00K | $129.00K |
| Other Working Capital | $- | $-104.00K | $-524.00K | $-60.00K | $-2.42M |
| Other Non Cash Items | $3.63M | $9.06M | $4.24M | $9.39M | $9.78M |
| Net Cash Provided by Operating Activities | $-21.53M | $-20.92M | $-18.60M | $-15.27M | $-13.43M |
| Investments in Property Plant and Equipment | $-934.00K | $-5.79M | $-3.38M | $-22.91M | $-5.73M |
| Acquisitions Net | $- | $- | $-963.00K | $-564.00K | $-3.11M |
| Purchases of Investments | $- | $- | $-213.00K | $-564.00K | $-1.00M |
| Sales Maturities of Investments | $- | $- | $217.00K | $23.47M | $6.73M |
| Other Investing Activities | $-250.00K | $- | $213.00K | $564.00K | $-6.73M |
| Net Cash Used for Investing Activities | $-1.18M | $-5.79M | $-4.12M | $-23.47M | $-9.84M |
| Debt Repayment | $- | $-14.93M | $117.00K | $-30.34M | $107.00K |
| Common Stock Issued | $22.14M | $38.49M | $21.64M | $32.46M | $14.77M |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-5.11M | $-5.11M | $-5.11M | $-1.45M | $- |
| Other Financing Activities | $40.61M | $-888.00K | $- | $50.50M | $- |
| Net Cash Used Provided by Financing Activities | $35.51M | $17.57M | $16.65M | $51.18M | $14.87M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $12.79M | $-9.15M | $-6.07M | $12.43M | $-8.39M |
| Cash at End of Period | $17.43M | $4.64M | $13.78M | $19.86M | $7.42M |
| Cash at Beginning of Period | $4.64M | $13.78M | $19.86M | $7.42M | $15.82M |
| Operating Cash Flow | $-21.53M | $-20.92M | $-18.60M | $-15.27M | $-13.43M |
| Capital Expenditure | $-934.00K | $-5.79M | $-3.38M | $-22.91M | $-5.73M |
| Free Cash Flow | $-22.47M | $-26.71M | $-21.98M | $-38.18M | $-19.16M |
Cash Flow Charts
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.79M | $-8.87M | $-6.85M | $-6.75M | $-6.94M | $-7.06M | $-10.69M | $-6.85M | $-6.54M | $-5.48M | $-5.91M | $-5.90M | $-7.84M | $-11.56M | $-5.94M | $-8.02M | $-4.49M | $-4.79M | $-20.51M | $-7.35M |
| Depreciation and Amortization | $342.00K | $338.00K | $328.00K | $337.00K | $339.00K | $335.00K | $358.00K | $181.00K | $186.00K | $178.00K | $127.00K | $110.00K | $107.00K | $103.00K | $118.00K | $100.00K | $106.00K | $96.00K | $79.00K | $65.00K |
| Deferred Income Tax | $- | $- | $- | $-1.88M | $- | $350.00K | $- | $- | $- | $- | $- | $102.00K | $1.67M | $366.00K | $-370.00K | $1.51M | $-233.00K | $-439.00K | $13.58M | $490.00K |
| Stock Based Compensation | $1.19M | $1.12M | $1.26M | $354.00K | $653.00K | $163.00K | $326.00K | $528.00K | $492.00K | $423.00K | $433.00K | $611.00K | $696.00K | $3.29M | $147.00K | $272.00K | $273.00K | $301.00K | $1.25M | $152.00K |
| Change in Working Capital | $-1.74M | $-1.23M | $865.00K | $-353.00K | $-465.00K | $-466.00K | $-123.00K | $16.00K | $-1.05M | $-544.00K | $986.00K | $-1.54M | $706.00K | $-128.00K | $591.00K | $-758.00K | $-325.00K | $117.00K | $-1.33M | $-71.00K |
| Accounts Receivables | $-1.62M | $-38.00K | $-677.00K | $-494.00K | $470.00K | $-655.00K | $229.00K | $92.00K | $-392.00K | $-30.00K | $146.00K | $-187.00K | $-17.00K | $-48.00K | $37.00K | $41.00K | $42.00K | $-62.00K | $-27.00K | $44.00K |
| Inventory | $151.00K | $-1.74M | $-650.00K | $22.00K | $-963.00K | $-849.00K | $-582.00K | $335.00K | $-335.00K | $-344.00K | $- | $- | $- | $- | $- | $- | $257.00K | $10.00K | $-1.77M | $329.00K |
| Accounts Payables | $-106.00K | $-815.00K | $1.49M | $-375.00K | $496.00K | $293.00K | $523.00K | $-140.00K | $37.00K | $-448.00K | $664.00K | $-183.00K | $245.00K | $34.00K | $-188.00K | $-97.00K | $-653.00K | $141.00K | $738.00K | $-473.00K |
| Other Working Capital | $-156.00K | $1.36M | $707.00K | $494.00K | $-468.00K | $745.00K | $-293.00K | $-271.00K | $-363.00K | $278.00K | $176.00K | $-1.17M | $478.00K | $-114.00K | $742.00K | $-702.00K | $29.00K | $28.00K | $-271.00K | $29.00K |
| Other Non Cash Items | $1.61M | $1.58M | $2.44M | $2.77M | $878.00K | $880.00K | $6.06M | $902.00K | $1.10M | $1.10M | $1.14M | $986.00K | $1.02M | $4.75M | $2.63M | $3.76M | $1.40M | $2.08M | $2.55M | $3.71M |
| Net Cash Provided by Operating Activities | $-5.39M | $-7.06M | $-3.71M | $-5.52M | $-5.53M | $-5.80M | $-4.07M | $-5.22M | $-5.82M | $-4.33M | $-3.22M | $-5.63M | $-3.64M | $-3.18M | $-2.82M | $-3.13M | $-3.28M | $-2.64M | $-4.38M | $-3.00M |
| Investments in Property Plant and Equipment | $-55.00K | $-281.00K | $-186.00K | $-1.97M | $-602.00K | $-1.01M | $-2.21M | $-944.00K | $-684.00K | $-1.22M | $-530.00K | $-1.81M | $-917.00K | $-19.66M | $-513.00K | $-626.00K | $-391.00K | $-1.26M | $-3.45M | $-171.00K |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $-862.00K | $-1.00K | $- | $-100.00K | $-129.00K | $-176.00K | $-122.00K | $-137.00K | $-400.00K | $-426.00K | $-1.04M | $-1.24M | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $-213.00K | $-1.00K | $-100.00K | $-100.00K | $-564.00K | $-176.00K | $-122.00K | $-137.00K | $-3.11M | $- | $- | $-1.24M | $-904.00K |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $217.00K | $2.00K | $- | $- | $23.47M | $- | $- | $- | $3.11M | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $213.00K | $-1.00K | $100.00K | $100.00K | $-22.91M | $-176.00K | $-122.00K | $137.00K | $-1.00M | $-426.00K | $-1.04M | $1.24M | $-904.00K |
| Net Cash Used for Investing Activities | $-55.00K | $-281.00K | $-186.00K | $-1.97M | $-602.00K | $-1.01M | $-2.21M | $-1.59M | $-685.00K | $-1.22M | $-630.00K | $-1.94M | $-1.09M | $-19.79M | $-650.00K | $-2.03M | $-817.00K | $-2.30M | $-4.69M | $-1.07M |
| Debt Repayment | $-47.00K | $-46.00K | $19.95M | $-45.00K | $202.00K | $-41.00K | $-15.05M | $-41.00K | $227.00K | $-34.00K | $-35.00K | $2.49M | $-77.53M | $-14.00K | $-13.00K | $-13.00K | $143.00K | $-8.00K | $-15.00K | $-15.00K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $38.49M | $9.89M | $- | $11.74M | $11.74M | $-4.00K | $2.10M | $15.49M | $14.87M | $4.96M | $5.88M | $- | $3.92M | $4.50M |
| Common Stock Repurchased | $52.00K | $- | $-52.00K | $261.00K | $- | $- | $- | $- | $- | $- | $- | $-4.00K | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-1.29M | $-1.26M | $-1.29M | $-1.26M | $-1.29M | $-1.26M | $-1.29M | $-1.26M | $-1.29M | $-1.26M | $-1.29M | $-1.45M | $-1.45M | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $-455.00K | $-52.00K | $- | $- | $- | $-888.00K | $- | $- | $- | $- | $-2.52M | $99.21M | $4.00K | $- | $- | $5.88M | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-1.33M | $-1.77M | $18.61M | $-1.31M | $-1.09M | $-1.31M | $21.27M | $8.59M | $-1.06M | $-1.30M | $10.42M | $-1.49M | $22.33M | $15.48M | $14.85M | $4.95M | $6.03M | $-8.00K | $3.91M | $4.49M |
| Effect of Forex Changes on Cash | $- | $- | $- | $-8.15M | $- | $8.15M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-6.64M | $-9.11M | $14.71M | $-8.80M | $-7.22M | $-8.12M | $14.99M | $1.77M | $-7.57M | $-6.84M | $6.57M | $-9.06M | $17.59M | $-7.49M | $11.38M | $-212.00K | $1.93M | $-4.95M | $-5.16M | $411.00K |
| Cash at End of Period | $3.46M | $10.10M | $19.21M | $4.50M | $13.44M | $20.66M | $28.77M | $13.78M | $12.01M | $19.58M | $26.42M | $19.86M | $28.91M | $11.32M | $18.80M | $7.42M | $7.64M | $5.70M | $10.65M | $15.82M |
| Cash at Beginning of Period | $10.10M | $19.21M | $4.50M | $13.31M | $20.66M | $28.77M | $13.78M | $12.01M | $19.58M | $26.42M | $19.86M | $28.91M | $11.32M | $18.80M | $7.42M | $7.64M | $5.70M | $10.65M | $15.82M | $15.40M |
| Operating Cash Flow | $-5.39M | $-7.06M | $-3.71M | $-5.52M | $-5.53M | $-5.80M | $-4.07M | $-5.22M | $-5.82M | $-4.33M | $-3.22M | $-5.63M | $-3.64M | $-3.18M | $-2.82M | $-3.13M | $-3.28M | $-2.64M | $-4.38M | $-3.00M |
| Capital Expenditure | $-55.00K | $-281.00K | $-186.00K | $-1.97M | $-602.00K | $-1.01M | $-2.21M | $-944.00K | $-684.00K | $-1.22M | $-530.00K | $-1.81M | $-917.00K | $-19.66M | $-513.00K | $-626.00K | $-391.00K | $-1.26M | $-3.45M | $-171.00K |
| Free Cash Flow | $-5.44M | $-7.80M | $-3.90M | $-7.49M | $-6.13M | $-6.81M | $-6.28M | $-6.17M | $-6.51M | $-5.55M | $-3.75M | $-7.45M | $-4.56M | $-22.84M | $-3.34M | $-3.76M | $-3.67M | $-3.90M | $-7.83M | $-3.17M |
Cadiz Dividends
Explore Cadiz's dividend history, including dividend yield, payout ratio, and historical payments.
Cadiz News
Read the latest news about Cadiz, including recent articles, headlines, and updates.
Cadiz Inc. Declares Quarterly Dividend for Q1 2025 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES , March 24, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share.
Cadiz to Present at the 37th Annual ROTH Conference
Chairman and CEO Susan Kennedy to Participate in Conference's Water Infrastructure Panel LOS ANGELES , March 14, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, announced today that the Company will participate in the 37th Annual ROTH Conference being held Sunday, March 16th to Tuesday, March 18th at the Laguna Cliffs Marriott Resort in Dana Point, CA. Cadiz's Chairman and CEO Susan Kennedy will participate in a Water Infrastructure Panel on Monday, March 17 at 3:00pm PT moderated by ROTH Sr. Research Analyst and Managing Director Gerard Sweeney.
Cadiz Inc. Announces $20 Million Registered Direct Offering
LOS ANGELES , March 7, 2025 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) (the "Company"), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 5,715,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.50 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $20 million, before deducting the placement agent's fees and other offering expenses payable by the Company.
Cadiz Signs Letter of Agreement with a Lead Investor for an Investment of up to $175 Million in Mojave Groundwater Bank Project
LOS ANGELES , March 4, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company has entered into a Letter of Agreement ("LOA") with a lead investor to invest up to $175 million in the Mojave Groundwater Storage Company, LLC ("MGSC"), a new entity established by Cadiz for purposes of construction, ownership, and operation of Cadiz's groundwater banking project in the Mojave Desert (the "Mojave Groundwater Bank") and related projects. Under the terms of the LOA, the investor, a publicly traded company focused on investing in water infrastructure projects, will act as lead investor (the "Lead Investor") in the newly formed MGSC, and will invest up to $175 million in the MGSC.
Cadiz Selects Stantec to Serve as Owner's Engineer for the Mojave Groundwater Bank Project
The $800M groundwater bank will be the largest new water infrastructure project in the Southwest LOS ANGELES , Feb. 25, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement with Stantec Inc. (NYSE: STN), a global leader in sustainable design and engineering, to oversee development and construction of the Mojave Groundwater Bank project, the largest new water storage and supply project being developed in California's Mojave Desert. Once complete, the project will provide 2.5 million acre-feet of new water supply, 1 million acre-feet of underground storage capacity and a pipeline network spanning more than 350 miles between the Colorado River and California Aqueducts.
Cadiz Announces January 2025 Corporate Update Investor Call
Chairman and CEO Susan Kennedy to Host Call on January 22 at 11:00am ET, Review 2024 Milestones and 2025 Objectives LOS ANGELES , Jan. 15, 2025 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, announced today that it will host a quarterly Corporate Update Call for investors on Wednesday, January 22, 2025 at 11:00am ET. Susan Kennedy, Chairman and CEO of Cadiz, will deliver prepared remarks to review Cadiz's 2024 milestone achievements and outline the Company's objectives for 2025.
Cadiz Inc. Declares Quarterly Dividend for Q4 2024 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES , Dec. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.
Cadiz to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024
LOS ANGELES , Dec. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP), a California water solutions company, announced today that management will participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 on December 10 and 11, 2024. Cadiz's Chairman and CEO Susan Kennedy will deliver a virtual investor presentation on Tuesday, December 10th at 2:30pm ET and will host one-on-one meetings with investors on Wednesday, December 11th.
Lytton Rancheria of California Leads Tribal Investment in Cadiz Groundwater Banking Project
$50 million investment in Mojave Groundwater Bank would be the largest investment in water infrastructure off tribal-lands by Native American Tribes in U.S. history LOS ANGELES and WINDSOR, Calif. , Nov. 25, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company and the Lytton Rancheria of California ("Lytton") have signed a Letter of Intent for Lytton to invest up to $50 million in the Company's groundwater banking project in the Mojave Desert ("Mojave Groundwater Bank").
Cadiz to Purchase 180 Miles of New Pipeline Assets
Steel from terminated Keystone XL Pipeline Project to be repurposed for water delivery as Company prepares for construction of groundwater banking project LOS ANGELES , Nov. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement to purchase 180-miles of steel pipe from the terminated Keystone XL Pipeline Project. The Company plans to use the steel pipe for the construction of a pipeline network connecting the Company's groundwater bank in the Mojave Desert to major water networks in the Southwestern U.S. The 180 miles of new steel pipe will be added to the Company's expansive portfolio of pipeline assets, including 220 miles of existing pipeline acquired by the Company from El Paso Natural Gas in 2021.
Cadiz Inc. Announces $23 Million Registered Direct Offering
LOS ANGELES , Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 7,000,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.34 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $23.38 million, before deducting the placement agent's fees and other offering expenses payable by the Company.
Cadiz and RIC Energy Partner to Build the Largest Hydrogen Production Facility in California
Hydrogen facility at Cadiz Ranch site to use 100% solar power to produce 50 tons of green hydrogen per day to fuel zero-emission trucks, cars and electricity LOS ANGELES , Oct. 23, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP), a California water solutions company, and RIC Energy, a global renewable energy company, announced today they have entered into an agreement to build California's largest green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under the agreement, Cadiz will supply land and water to RIC Energy for the creation of industrial quantities of 100% green hydrogen using solar energy.
Cadiz's ATEC Water Systems Wins $1.6M in New Sales Contracts
Arsenic, iron and manganese filter systems to be delivered in 2025. LOS ANGELES , Oct. 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that its operating subsidiary ATEC Water Systems, LLC ("ATEC") was awarded three new sales contracts totaling $1.6 million for arsenic, iron and manganese filtration systems.
Cadiz's ATEC Water Systems Hires Chief Commercial Officer
Fortune 500 industry veteran Steve Green to drive business development aimed at growth LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") expanded its leadership team, hiring Steve Green as its Chief Commercial Officer.
Cadiz Inc. Declares Quarterly Dividend for Q3 2024 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES , Sept. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").
Cadiz Inc. Announces September Corporate Update Investor Call and Participation in Investor Conference
Chairman and CEO Susan Kennedy to Host Call on September 19 at 11:00am ET Kennedy to Present and Host 1x1 Meetings at the Noble Capital Markets Basic Industries Virtual Equity Conference on September 25 & 26 LOS ANGELES , Sept. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") a California water solutions company, announced today that its September Corporate Update Investor Call will be held on Thursday, September 19, 2024 at 11:00am ET.
Cadiz Announces Northern Pipeline Now Contracted for 85% Capacity
Achieves important milestone following execution of fifth water supply delivery agreement in 2024 LOS ANGELES , Aug. 15, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") announced today that it has secured water purchase agreements for 85% of capacity of the Company's "Northern Pipeline." The announcement follows execution of the fifth agreement this year for water supply from the Company's Water Conservation, Supply, and Storage Project (the "Project"), bringing the cumulative total acre-feet per year under contract for delivery via the Northern Pipeline to 21,275 acre-feet per year.
Cadiz Releases New Aerial Tour of Aquifer System Feeding Mojave Groundwater Bank
CEO Susan Kennedy Also Comments on State Report Predicting Climate Change Will Reduce SWP Supplies by as much as 23% over 20 years LOS ANGELES , Aug. 8, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the release of a new video focused on the hydrogeology of the watershed surrounding the Company's Cadiz Ranch in California's eastern Mojave Desert. The Cadiz Aerial Tour video utilizes new photography, underground imagery and aerial footage to bring to life the vast and unique aquifer system flowing beneath Cadiz Ranch.
Cadiz Inc. Announces Former Tribal Chairman David Sickey as Senior Advisor
Honorable David Sickey, Former Tribal Chairman of Coushatta Tribe of Louisiana and Senior Consultant with U.S. Department of Energy, will Assist with Energy and Water Infrastructure Financing LOS ANGELES , July 26, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of David Sickey, the former distinguished Chairman of the Coushatta Tribe, as Senior Advisor for Energy and Water Projects, effective immediately. Chairman Sickey, an 18-year veteran of tribal government, recently concluded two years of service as Senior Consultant to the U.S. Department of Energy's (DOE) Loan Programs Office focused particularly on the Tribal Energy Finance Program.
Cadiz's ATEC Water Systems Secures Three New Sales Contracts Expected to Add $1.5 million in 2024 Revenues
Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communities LOS ANGELES , July 18, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") secured three additional sales contracts for iron and manganese filtration systems totaling an expected $1.5 million in sales revenue. ATEC's specialized filter systems will treat groundwater supplies in Wisconsin, Nevada and Washington state serving a diversity of communities, including the University of Wisconsin at Madison, the Portland suburbs and rural Nevada clean energy development, further expanding the reach and demand for ATEC's market-leading iron and manganese filters.
Cadiz Inc. Declares Quarterly Dividend for Q2 2024 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES , June 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.
Cadiz to Participate in the iAccess Alpha Buyside Best Ideas Summer Conference 2024
LOS ANGELES, CA / ACCESSWIRE / June 13, 2024 / Cadiz, Inc. (NASDAQ:CDZI)(NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today that management will participate in the iAccess Alpha Buyside Best Ideas Summer Conference 2024 being held virtually on June 25 and 26, 2024. Cadiz Chairman and CEO Susan Kennedy will deliver a virtual presentation on June 25, 2024, at 10:30 am ET focused on how Cadiz is bringing innovative solutions and financing structures to the water sector.
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