Flagship explainer

How Cyanotech Corp makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$24.2M · 100%Cost of revenue$17.3M · 72%Gross profit$6.9M · 28%Operating income−$2.5M · −10%Income before tax−$3.2M · −13%Income tax$8000 · 0%Net income−$3.2M · −13%As of 2025-03-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$24.2M100%
Cost of revenue$17.3M72%
$6.9M28%
−$2.5M−10%
Income before tax−$3.2M−13%
Income tax$80000%
−$3.2M−13%
Source: · event Mar 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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