Avai Bio, Inc. income statement AVAI

Annual Quarterly

It recorded a net loss of $1.7 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Mar 31, 2026	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2022 Mar 31, 2023	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019
Revenue	—	—	—	0	—	—	—
Cost of revenue	—	—	—	0 -77.5%	1 +166.9%	0	—
Gross profit	—	—	—	-0 -144.6%	-0 +93.5%	-0	—
Research and development	0	—	—	—	—	0	—
Selling, general and administrative	1 +27.7%	1 -41.7%	1	0 +14.4%	0 -10.5%	0 +488.3%	0
Operating income	-2 -53.2%	-1 +46.3%	-2	-0 -215.4%	0 +334.4%	0	—
Pretax income	—	—	—	—	—	—	-0
Net income	-2 -53.2%	-1 +46.3%	-2	-0 -15.4%	-0 -334.4%	-0 +11.0%	-0
Basic EPS	-0.01 +0.0%	-0.01 +50.0%	-0.02	0.00	—	—	—
Weighted average shares, basic	138 +7.7%	128 +48.1%	87	39	—	—	—
Weighted average shares, diluted	—	—	—	—	—	1 -78.1%	5
Other measures
Depreciation and amortization	0 -64.9%	0 -3.4%	0	—	—	0 +714.3%	0
EBITDA	-2 -61.4%	-1 +48.0%	-2	—	—	0	—
Margins
Gross margin	—	—	—	-14.64%	—	—	—
Operating margin	—	—	—	-126.28%	—	—	—
Profit margin	—	—	—	-126.28%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Services-Computer Processing & Data Preparation (SIC 7374)
Listed as: AVAI (OTC)
Fiscal year ends: March 31
Incorporated in: NV
Headquarters: Las Vegas, NV
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1740797
Former names: AVANT TECHNOLOGIES INC. (until Feb 9, 2026); TREND INNOVATIONS HOLDING INC. (until Jul 19, 2023); FREECOOK (until Jun 5, 2020)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.