AIMD Ainos, Inc.

Overview and Growth

Ainos, Inc. generated $124.16K of revenue in fiscal 2025, with net loss of $14.77M and an operating cash outflow of $4.61M. The $124.16K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 499.0% from $20.73K in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were -$3.46, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted shares averaged 4.27M; this is the reported share base over which the company’s diluted per-share earnings were spread. Diluted shares moved 124.7% from 1.90M in fiscal 2024, leaving the current share base higher year over year. The company employed $20.87M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.01x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $102.91K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 82.9%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $13.99M after the reported operating expense base. After all below-operating-line items, the company recorded a net loss of $14.77M for the fiscal year. Negative EBITDA totaled $9.21M, confirming that the earnings deficit remained before depreciation and amortization. Before income taxes, the company recorded a loss of $14.77M, bridging the operating result to the final net loss. Income tax expense totaled $800.00, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 195.3%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 70.8%. The net loss narrowed to $14.77M from $14.86M in fiscal 2024.

Liquidity and Capital Structure

At period end, the $20.87M asset base was financed through $13.31M of liabilities and $7.56M of equity. The near-term balance sheet paired $1.14M of current assets with $1.08M of current liabilities at the reporting date. The current ratio was 1.06x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $417.35K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 38.7%, excluding receivables and other current assets. Equity equaled 36.2% of assets, showing the shareholder-capital layer within the company’s balance sheet. Relative to total assets, liabilities measured 63.8%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 2.0%, comparing reported cash and equivalents with the full positive asset balance. Compared with $28.82M in fiscal 2024, the current asset base moved 27.6% and finished lower. Book equity was 51.3% lower than fiscal 2024 equity of $15.52M, showing how shareholder capital changed year over year. Cash and equivalents were 89.3% lower than fiscal 2024 cash of $3.89M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities used $4.61M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $34.56K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. The company recorded a $4.65M cash deficit after capital spending for the period. Relative to total assets, the post-investment cash deficit measured 22.3%. Compared with a $5.81M operating cash outflow in fiscal 2024, the current outflow improved to $4.61M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.