What is AINOS INC's earnings per share (EPS)?

AINOS INC (AIMDW) reported diluted earnings per share of $-1.56 for fiscal year 2024. This represents a 53.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

AINOS INC Financials

AIMDW

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows AINOS INC (AIMDW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 17/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

AINOS INC has an operating margin of -66772.2%, meaning the company retains $-66772 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -10815.0% the prior year.

Growth

AINOS INC's revenue declined 83% year-over-year, from $122K to $21K. This contraction results in a growth score of 0/100.

Leverage

AINOS INC carries a low D/E ratio of 0.86, meaning only $0.86 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

AINOS INC's current ratio of 1.10 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 17/100, which could limit financial flexibility.

Cash Flow

While AINOS INC generated -$5.8M in operating cash flow, capex of $21K consumed most of it, leaving -$5.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

AINOS INC generates a -95.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -56.3% the prior year.

Piotroski F-Score Weak

3/9

AINOS INC passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.39x

For every $1 of reported earnings, AINOS INC generates $0.39 in operating cash flow (-$5.8M OCF vs -$14.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-22.5x

AINOS INC earns $-22.5 in operating income for every $1 of interest expense (-$13.8M vs $616K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$21K

YoY-83.0%

5Y CAGR+12.1%

AINOS INC generated $21K in revenue in fiscal year 2024. This represents a decrease of 83.0% from the prior year.

EBITDA

-$9.0M

YoY-8.4%

AINOS INC's EBITDA was -$9.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.4% from the prior year.

Net Income

-$14.9M

YoY-7.9%

AINOS INC reported -$14.9M in net income in fiscal year 2024. This represents a decrease of 7.9% from the prior year.

EPS (Diluted)

$-1.56

YoY+53.6%

AINOS INC earned $-1.56 per diluted share (EPS) in fiscal year 2024. This represents an increase of 53.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$5.8M

YoY-21.8%

AINOS INC generated -$5.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 21.8% from the prior year.

Cash & Debt

$3.9M

YoY+106.5%

5Y CAGR+56.9%

10Y CAGR+28.4%

AINOS INC held $3.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY-34.0%

5Y CAGR-40.2%

10Y CAGR-17.1%

AINOS INC had 3M shares outstanding in fiscal year 2024. This represents a decrease of 34.0% from the prior year.

Margins & Returns

Gross Margin

-153.7%

YoY+54.1pp

5Y CAGR-179.0pp

AINOS INC's gross margin was -153.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 54.1 percentage points from the prior year.

Operating Margin

-66772.2%

YoY-55957.2pp

5Y CAGR-53300.1pp

AINOS INC's operating margin was -66772.2% in fiscal year 2024, reflecting core business profitability. This is down 55957.2 percentage points from the prior year.

Net Margin

-71702.3%

YoY-60425.3pp

5Y CAGR-58222.6pp

AINOS INC's net profit margin was -71702.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 60425.3 percentage points from the prior year.

Return on Equity

-95.8%

YoY-39.5pp

AINOS INC's ROE was -95.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 39.5 percentage points from the prior year.

Capital Allocation

R&D Spending

$8.4M

YoY+15.0%

5Y CAGR+176.0%

AINOS INC invested $8.4M in research and development in fiscal year 2024. This represents an increase of 15.0% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$21K

YoY-77.1%

5Y CAGR+67.1%

AINOS INC invested $21K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 77.1% from the prior year.

AIMDW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$21K-83.0%	$122K-96.5%	$3.5M+492.0%	$595K+3489.7%	$17K+41.2%	$12K
Cost of Revenue	$53K-86.0%	$376K-82.2%	$2.1M+1047.9%	$184K+1533.2%	$11K+28.6%	$9K
Gross Profit	-$32K+87.4%	-$254K-118.1%	$1.4M+242.4%	$410K+7663.6%	$5K+78.6%	$3K
R&D Expenses	$8.4M+15.0%	$7.3M+6.9%	$6.8M+256.4%	$1.9M+493639.1%	$389-99.3%	$53K
SG&A Expenses	$5.4M-4.3%	$5.6M-34.0%	$8.5M+262.1%	$2.4M+63.1%	$1.4M-5.6%	$1.5M
Operating Income	-$13.8M-4.8%	-$13.2M+5.5%	-$14.0M-261.4%	-$3.9M-168.5%	-$1.4M+8.9%	-$1.6M
Interest Expense	$616K+327.5%	$144K+169.4%	$54K+186.4%	$19K+74.6%	$11K	N/A
Income Tax	$8000.0%	$800	$0	N/A	$0	$0
Net Income	-$14.9M-7.9%	-$13.8M+1.7%	-$14.0M-260.2%	-$3.9M-168.1%	-$1.5M+8.3%	-$1.6M
EPS (Diluted)	$-1.56+53.6%	$-3.36	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$2K-53.5%	$5K-95.6%	$106K	N/A	N/A	N/A	$21K+4.1%	$20K
Cost of Revenue	$477-49.1%	$937-94.9%	$18K	N/A	$547-97.8%	$25K-5.2%	$27K-79.6%	$131K
Gross Profit	$2K-54.6%	$4K-95.8%	$88K	N/A	-$547+97.8%	-$25K-321.1%	-$6K+94.6%	-$111K
R&D Expenses	$2.0M+4.1%	$1.9M+10.9%	$1.7M	N/A	$2.0M+2.2%	$2.0M-5.1%	$2.1M-6.8%	$2.2M
SG&A Expenses	$795K-56.7%	$1.8M+20.4%	$1.5M	N/A	$1.0M-2.8%	$1.0M+1.5%	$1.0M-69.3%	$3.4M
Operating Income	-$2.8M+25.7%	-$3.7M-18.4%	-$3.2M	N/A	-$3.0M+0.3%	-$3.0M+2.3%	-$3.1M+45.3%	-$5.7M
Interest Expense	$177K-0.8%	$178K-1.4%	$180K	N/A	$265K+122.8%	$119K+143.9%	$49K-3.3%	$50K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$2.9M+28.2%	-$4.1M-24.3%	-$3.3M	N/A	-$3.7M-15.8%	-$3.2M+3.6%	-$3.3M+44.0%	-$5.9M
EPS (Diluted)	$-0.64+35.4%	$-0.99-371.4%	$-0.21	N/A	$-1.64+33.1%	$-2.45-329.8%	$-0.57	N/A

AIMDW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$28.8M-9.5%	$31.8M-14.2%	$37.1M-9.1%	$40.8M+15583.3%	$260K-56.4%	$597K
Current Assets	$4.3M+75.4%	$2.5M-13.1%	$2.8M+28.3%	$2.2M+2802.3%	$76K-82.8%	$445K
Cash & Equivalents	$3.9M+106.5%	$1.9M+1.7%	$1.9M+5.8%	$1.8M+7773.7%	$22K-94.6%	$409K
Inventory	$144K-14.2%	$168K-71.8%	$595K	$0	$0-100.0%	$4K
Accounts Receivable	$56-87.7%	$455-99.8%	$202K	$0	$0	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$13.3M+79.9%	$7.4M+198.0%	$2.5M-91.9%	$30.6M+2687.7%	$1.1M+45.8%	$753K
Current Liabilities	$4.0M+195.8%	$1.3M-45.9%	$2.5M-91.9%	$30.6M+2685.0%	$1.1M+45.8%	$753K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$15.5M-36.5%	$24.4M-29.4%	$34.6M+239.6%	$10.2M+1316.4%	-$838K-435.0%	-$157K
Retained Earnings	-$52.7M-39.2%	-$37.9M-57.1%	-$24.1M-138.6%	-$10.1M-62.5%	-$6.2M-30.4%	-$4.8M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$22.7M-5.2%	$23.9M-9.2%	$26.4M-8.6%	$28.8M-8.1%	$31.4M-11.7%	$35.5M+19.4%	$29.8M-6.6%	$31.8M
Current Assets	$1.7M-0.8%	$1.7M-43.2%	$3.1M-29.7%	$4.3M-23.2%	$5.6M-33.3%	$8.5M+461.3%	$1.5M-39.0%	$2.5M
Cash & Equivalents	$1.1M-7.8%	$1.2M-53.5%	$2.6M-32.5%	$3.9M-24.5%	$5.2M-35.7%	$8.0M+677.4%	$1.0M-45.3%	$1.9M
Inventory	$167K+4.3%	$160K+12.9%	$142K-1.3%	$144K-10.5%	$161K-3.4%	$166K-2.0%	$170K+1.2%	$168K
Accounts Receivable	$62-66.8%	$187+105.5%	$91+62.5%	$56	N/A	$9-99.8%	$4K+816.9%	$455
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$12.6M+1.2%	$12.5M-5.7%	$13.2M-0.5%	$13.3M-0.3%	$13.3M-10.0%	$14.8M+109.6%	$7.1M-4.3%	$7.4M
Current Liabilities	$581K-3.6%	$603K-60.4%	$1.5M-61.5%	$4.0M-4.3%	$4.1M-28.1%	$5.7M+22.0%	$4.7M+252.0%	$1.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$10.0M-12.2%	$11.4M-12.8%	$13.1M-15.4%	$15.5M-13.9%	$18.0M-13.0%	$20.7M-8.7%	$22.7M-7.2%	$24.4M
Retained Earnings	-$63.1M-4.9%	-$60.1M-7.3%	-$56.0M-6.2%	-$52.7M-9.7%	-$48.1M-8.3%	-$44.4M-7.8%	-$41.2M-8.7%	-$37.9M

AIMDW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$5.8M-23.7%	-$4.7M-54.4%	-$3.0M-143.3%	-$1.2M-150.2%	-$500K+45.1%	-$909K
Capital Expenditures	$21K-77.1%	$93K-85.3%	$634K+340.8%	$144K	$0-100.0%	$2K
Free Cash Flow	-$5.8M-21.8%	-$4.8M-30.3%	-$3.7M-163.6%	-$1.4M-179.0%	-$500K+45.2%	-$911K
Investing Cash Flow	-$125K-23.4%	-$102K+83.9%	-$630K-249.1%	-$181K-2392.3%	-$7K+44.7%	-$13K
Financing Cash Flow	$8.0M+63.0%	$4.9M+27.9%	$3.9M+22.1%	$3.2M+2528.6%	$120K+118.3%	$55K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$1.2M+12.3%	-$1.4M-10.3%	-$1.2M-41.7%	-$864K+41.4%	-$1.5M+25.3%	-$2.0M-32.1%	-$1.5M-8.9%	-$1.4M
Capital Expenditures	$10K+231.9%	-$8K-122.9%	$34K+3604.8%	$908-91.1%	$10K+73.5%	$6K+32.1%	$4K+129.8%	-$15K
Free Cash Flow	-$1.2M+12.0%	-$1.4M-7.9%	-$1.3M-45.4%	-$865K+41.8%	-$1.5M+25.0%	-$2.0M-32.1%	-$1.5M-8.0%	-$1.4M
Investing Cash Flow	$5K+94.1%	$3K+112.3%	-$21K-255.0%	$13K+170.7%	-$19K-120.7%	-$9K+92.4%	-$111K-795.4%	$16K
Financing Cash Flow	$1.1M+483.6%	-$296K-2123.3%	$15K+105.4%	-$270K+81.8%	-$1.5M-116.5%	$9.0M+1057.6%	$778K-13.6%	$900K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AIMDW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-153.7%+54.1pp	-207.8%-247.7pp	39.9%-29.1pp	69.0%+37.1pp	31.9%+6.7pp	25.2%
Operating Margin	-66772.2%-55957.2pp	-10815.0%-10417.9pp	-397.1%+253.4pp	-650.5%+8046.2pp	-8696.7%+4775.4pp	-13472.1%
Net Margin	-71702.3%-60425.3pp	-11277.0%-10879.0pp	-398.0%+256.1pp	-654.0%+8104.2pp	-8758.2%+4721.4pp	-13479.7%
Return on Equity	-95.8%-39.5pp	-56.3%-15.9pp	-40.5%-2.3pp	-38.1%	N/A	N/A
Return on Assets	-51.6%-8.3pp	-43.3%-5.5pp	-37.7%-28.2pp	-9.5%+547.8pp	-557.3%-292.3pp	-265.0%
Current Ratio	1.10-0.8	1.85+0.7	1.15+1.1	0.070.0	0.07-0.5	0.59
Debt-to-Equity	0.86+0.6	0.30+0.2	0.07-2.9	3.00+4.3	-1.31+3.5	-4.81
FCF Margin	-28122.9%-24202.2pp	-3920.7%-3816.3pp	-104.4%+130.0pp	-234.4%+2781.6pp	-3016.1%+4750.6pp	-7766.7%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	78.0%-1.9pp	79.9%-2.9pp	82.8%	N/A	N/A	N/A	-29.1%+530.6pp	-559.7%
Operating Margin	-128481.4%-48153.6pp	-80327.8%-77349.8pp	-2978.0%	N/A	N/A	N/A	-15051.8%+13591.2pp	-28643.0%
Net Margin	-135288.5%-47684.2pp	-87604.3%-84510.4pp	-3094.0%	N/A	N/A	N/A	-15991.2%+13774.2pp	-29765.4%
Return on Equity	-29.2%+6.5pp	-35.7%-10.7pp	-25.0%	N/A	-20.5%-5.1pp	-15.4%-0.8pp	-14.6%+9.6pp	-24.2%
Return on Assets	-12.9%+4.2pp	-17.1%-4.6pp	-12.5%	N/A	-11.8%-2.8pp	-9.0%+2.2pp	-11.1%+7.5pp	-18.6%
Current Ratio	2.96+0.1	2.88+0.9	2.00+0.9	1.10-0.3	1.37-0.1	1.48+1.2	0.32-1.5	1.85
Debt-to-Equity	1.26+0.2	1.09+0.1	1.01+0.2	0.86+0.1	0.74+0.0	0.72+0.4	0.310.0	0.30
FCF Margin	-55137.0%-26011.7pp	-29125.3%-27940.6pp	-1184.7%	N/A	N/A	N/A	-7232.3%-259.8pp	-6972.5%

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Frequently Asked Questions

What is AINOS INC's annual revenue?

AINOS INC (AIMDW) reported $21K in total revenue for fiscal year 2024. This represents a -83.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is AINOS INC's revenue growing?

AINOS INC (AIMDW) revenue declined by 83% year-over-year, from $122K to $21K in fiscal year 2024.

Is AINOS INC profitable?

No, AINOS INC (AIMDW) reported a net income of -$14.9M in fiscal year 2024, with a net profit margin of -71702.3%.

What is AINOS INC's EBITDA?

AINOS INC (AIMDW) had EBITDA of -$9.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is AINOS INC's gross margin?

AINOS INC (AIMDW) had a gross margin of -153.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is AINOS INC's operating margin?

AINOS INC (AIMDW) had an operating margin of -66772.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is AINOS INC's net profit margin?

AINOS INC (AIMDW) had a net profit margin of -71702.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is AINOS INC's return on equity (ROE)?

AINOS INC (AIMDW) has a return on equity of -95.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is AINOS INC's free cash flow?

AINOS INC (AIMDW) generated -$5.8M in free cash flow during fiscal year 2024. This represents a -21.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is AINOS INC's operating cash flow?

AINOS INC (AIMDW) generated -$5.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are AINOS INC's total assets?

AINOS INC (AIMDW) had $28.8M in total assets as of fiscal year 2024, including both current and long-term assets.

What are AINOS INC's capital expenditures?

AINOS INC (AIMDW) invested $21K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does AINOS INC spend on research and development?

AINOS INC (AIMDW) invested $8.4M in research and development during fiscal year 2024.

How many shares does AINOS INC have outstanding?

AINOS INC (AIMDW) had 3M shares outstanding as of fiscal year 2024.

What is AINOS INC's current ratio?

AINOS INC (AIMDW) had a current ratio of 1.10 as of fiscal year 2024, which is considered adequate.

What is AINOS INC's debt-to-equity ratio?

AINOS INC (AIMDW) had a debt-to-equity ratio of 0.86 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is AINOS INC's return on assets (ROA)?

AINOS INC (AIMDW) had a return on assets of -51.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is AINOS INC's cash runway?

Based on fiscal year 2024 data, AINOS INC (AIMDW) had $3.9M in cash against an annual operating cash burn of $5.8M. This gives an estimated cash runway of approximately 8 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is AINOS INC's Piotroski F-Score?

AINOS INC (AIMDW) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are AINOS INC's earnings high quality?

AINOS INC (AIMDW) has an earnings quality ratio of 0.39x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can AINOS INC cover its interest payments?

AINOS INC (AIMDW) has an interest coverage ratio of -22.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is AINOS INC?

AINOS INC (AIMDW) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.