What is Lunai Bioworks's earnings per share (EPS)?

Lunai Bioworks (LNAI) reported diluted earnings per share of $-1.08 for fiscal year 2025. 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.

Lunai Bioworks Financials

LNAI

Source SEC Filings (10-K/10-Q) Updated Feb 17, 2026 Currency USD FYE June

This page shows Lunai Bioworks (LNAI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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

Piotroski F-Score Weak

2/9

Lunai Bioworks passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.04x

For every $1 of reported earnings, Lunai Bioworks generates $0.04 in operating cash flow (-$7.9M OCF vs -$178.0M 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

-260.4x

Lunai Bioworks earns $-260.4 in operating income for every $1 of interest expense (-$189.0M vs $726K). 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

N/A

EBITDA

-$188.8M

YoY-131.7%

Lunai Bioworks's EBITDA was -$188.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 131.7% from the prior year.

Net Income

-$178.0M

YoY-101.3%

Lunai Bioworks reported -$178.0M in net income in fiscal year 2025. This represents a decrease of 101.3% from the prior year.

EPS (Diluted)

$-1.08

Lunai Bioworks earned $-1.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 18.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$93K

YoY-58.0%

5Y CAGR-59.7%

10Y CAGR-29.4%

Lunai Bioworks held $93K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

18M

Lunai Bioworks had 18M shares outstanding in fiscal year 2025. This represents a decrease of 88.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

$537K

YoY-80.2%

5Y CAGR-35.2%

Lunai Bioworks invested $537K in research and development in fiscal year 2025. This represents a decrease of 80.2% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

LNAI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$537K-80.2%	$2.7M-35.0%	$4.2M-50.3%	$8.4M-46.7%	$15.7M+234.9%	$4.7M
SG&A Expenses	$17.9M-27.2%	$24.6M+60.3%	$15.3M+6.9%	$14.3M+89.6%	$7.6M+6.1%	$7.1M
Operating Income	-$189.0M-131.5%	-$81.6M-111.7%	-$38.6M+66.8%	-$116.1M-396.0%	-$23.4M-96.3%	-$11.9M
Interest Expense	$726K-28.2%	$1.0M+74.3%	$580K+55.7%	$373K-1.8%	$380K+264.0%	$104K
Income Tax	$1K	$0	N/A	$34+100.0%	-$125K	N/A
Net Income	-$178.0M-101.3%	-$88.4M-122.8%	-$39.7M+65.0%	-$113.4M-324.5%	-$26.7M-134.1%	-$11.4M
EPS (Diluted)	$-1.08	$-0.91-28.2%	$-0.71+67.1%	$-2.16	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$46K0.0%	$46K+87.9%	$24K	N/A	N/A	$161K-58.7%	$390K	N/A
SG&A Expenses	$1.8M0.0%	$1.8M-26.7%	$2.4M	N/A	$4.2M-3.0%	$4.4M-17.9%	$5.3M	N/A
Operating Income	$1.8M+200.0%	-$1.8M+44.9%	-$3.3M	N/A	-$4.2M+8.4%	-$4.5M+91.5%	-$53.3M	N/A
Interest Expense	$122K0.0%	$122K-0.7%	$122K	N/A	$189K+90.8%	$99K-60.5%	$250K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$1.8M+200.0%	-$1.8M-163.8%	$2.8M	N/A	$189K+102.6%	-$7.3M+83.6%	-$44.2M	N/A
EPS (Diluted)	$0.08+200.0%	$-0.08	$0.13	N/A	$0.00+100.0%	$-0.45+83.7%	$-2.76	N/A

LNAI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$8.2M-95.0%	$163.1M+179.8%	$58.3M-31.1%	$84.6M-55.4%	$189.6M+6.5%	$178.1M
Current Assets	$1.0M-47.6%	$2.0M-22.1%	$2.6M-73.2%	$9.6M-54.2%	$20.9M+133.7%	$8.9M
Cash & Equivalents	$93K-58.0%	$220K-88.2%	$1.9M-79.6%	$9.2M-55.6%	$20.7M+137.6%	$8.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$6.0M-96.3%	$159.3M+1268.8%	$11.6M0.0%	$11.6M0.0%	$11.6M0.0%	$11.6M
Total Liabilities	$29.6M-5.0%	$31.2M+164.0%	$11.8M-1.8%	$12.0M-19.6%	$14.9M+26.3%	$11.8M
Current Liabilities	$29.2M-3.8%	$30.3M+175.0%	$11.0M+70.9%	$6.5M+242.1%	$1.9M+41.3%	$1.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$21.3M-116.2%	$132.0M+183.8%	$46.5M-36.0%	$72.6M-58.4%	$174.7M+5.0%	$166.3M
Retained Earnings	-$510.5M-53.5%	-$332.5M-36.2%	-$244.0M-19.4%	-$204.3M-124.8%	-$90.9M-41.6%	-$64.2M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$6.7M0.0%	$6.7M-4.2%	$7.0M-15.4%	$8.2M-93.0%	$117.7M+5.7%	$111.3M-8.6%	$121.8M-25.3%	$163.1M
Current Assets	$514K0.0%	$514K-35.7%	$800K-23.5%	$1.0M-71.5%	$3.7M+114.7%	$1.7M-12.3%	$1.9M-2.5%	$2.0M
Cash & Equivalents	$492K0.0%	$492K-21.3%	$625K+574.0%	$93K-90.0%	$923K+196.1%	$312K+41.3%	$221K0.0%	$220K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$964K	N/A	N/A	N/A
Goodwill	$6.0M0.0%	$6.0M0.0%	$6.0M0.0%	$6.0M-94.7%	$112.6M+4.3%	$108.0M-8.6%	$118.2M-25.8%	$159.3M
Total Liabilities	-$6.9M-134.0%	$20.2M+1.1%	$20.0M-32.4%	$29.6M+0.8%	$29.3M+0.2%	$29.3M+23.3%	$23.7M-23.8%	$31.2M
Current Liabilities	$20.0M0.0%	$20.0M+1.4%	$19.7M-32.4%	$29.2M+1.1%	$28.8M+0.8%	$28.6M+24.2%	$23.0M-24.0%	$30.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$13.5M+200.0%	-$13.5M-3.9%	-$13.0M+38.9%	-$21.3M-124.2%	$88.4M+7.7%	$82.1M-16.3%	$98.1M-25.7%	$132.0M
Retained Earnings	$509.4M+200.0%	-$509.4M-0.4%	-$507.6M+0.6%	-$510.5M-33.0%	-$383.7M0.0%	-$383.9M-1.9%	-$376.7M-13.3%	-$332.5M

LNAI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$7.9M+28.2%	-$11.0M+6.8%	-$11.8M+25.2%	-$15.7M+23.7%	-$20.6M-97.1%	-$10.5M
Capital Expenditures	N/A	$70K+136.5%	$30K+477.5%	$5K-89.5%	$49K-73.5%	$184K
Free Cash Flow	N/A	-$11.0M+6.5%	-$11.8M+25.0%	-$15.7M+23.8%	-$20.7M-94.1%	-$10.6M
Investing Cash Flow	-$500K+60.3%	-$1.3M-4132.5%	-$30K-477.5%	-$5K+89.5%	-$49K+73.5%	-$184K
Financing Cash Flow	$8.4M-20.3%	$10.5M+132.9%	$4.5M+6.2%	$4.3M-87.0%	$32.6M+352.8%	$7.2M
Dividends Paid	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

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	$2.4M+325.9%	-$1.1M+20.6%	-$1.3M+25.5%	-$1.8M-21.8%	-$1.5M+41.9%	-$2.6M-26.9%	-$2.0M+16.5%	-$2.4M
Capital Expenditures	$1K	N/A	N/A	N/A	N/A	N/A	N/A	$24K
Free Cash Flow	$2.4M	N/A	N/A	N/A	N/A	N/A	N/A	-$2.4M
Investing Cash Flow	$543K+43998.4%	-$1K-100.2%	$545K-43.5%	$964K	N/A	N/A	$0+100.0%	-$53K
Financing Cash Flow	$2.3M+141.4%	$950K-29.3%	$1.3M+653.2%	$178K-95.0%	$3.6M+38.3%	$2.6M+27.7%	$2.0M-17.7%	$2.5M
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

LNAI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	-67.0%+18.3pp	-85.3%+70.9pp	-156.2%-140.9pp	-15.3%-8.4pp	-6.9%
Return on Assets	-2162.7%-2108.5pp	-54.2%+13.9pp	-68.1%+66.0pp	-134.0%-119.9pp	-14.1%-7.7pp	-6.4%
Current Ratio	0.04-0.0	0.07-0.2	0.23-1.3	1.48-9.6	11.08+4.4	6.70
Debt-to-Equity	-1.39-1.6	0.24-0.0	0.25+0.1	0.17+0.1	0.09+0.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	13.3%	N/A	N/A	N/A	0.2%+9.1pp	-8.8%+36.2pp	-45.1%	N/A
Return on Assets	27.0%+54.0pp	-27.0%-67.5pp	40.5%	N/A	0.2%+6.7pp	-6.5%+29.8pp	-36.3%	N/A
Current Ratio	0.030.0	0.03-0.0	0.040.0	0.04-0.1	0.13+0.1	0.06-0.0	0.08+0.0	0.07
Debt-to-Equity	-0.51+1.0	-1.49+0.0	-1.53-0.1	-1.39-1.7	0.33-0.0	0.36+0.1	0.240.0	0.24
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$21.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is Lunai Bioworks profitable?

No, Lunai Bioworks (LNAI) reported a net income of -$178.0M in fiscal year 2025.

What is Lunai Bioworks's EBITDA?

Lunai Bioworks (LNAI) had EBITDA of -$188.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Lunai Bioworks's operating cash flow?

Lunai Bioworks (LNAI) generated -$7.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Lunai Bioworks's total assets?

Lunai Bioworks (LNAI) had $8.2M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Lunai Bioworks spend on research and development?

Lunai Bioworks (LNAI) invested $537K in research and development during fiscal year 2025.

How many shares does Lunai Bioworks have outstanding?

Lunai Bioworks (LNAI) had 18M shares outstanding as of fiscal year 2025.

What is Lunai Bioworks's current ratio?

Lunai Bioworks (LNAI) had a current ratio of 0.04 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Lunai Bioworks's debt-to-equity ratio?

Lunai Bioworks (LNAI) had a debt-to-equity ratio of -1.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lunai Bioworks's return on assets (ROA)?

Lunai Bioworks (LNAI) had a return on assets of -2162.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lunai Bioworks's cash runway?

Based on fiscal year 2025 data, Lunai Bioworks (LNAI) had $93K in cash against an annual operating cash burn of $7.9M. This gives an estimated cash runway of approximately 0 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.

Why is Lunai Bioworks's debt-to-equity ratio negative or unusual?

Lunai Bioworks (LNAI) has negative shareholder equity of -$21.3M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Lunai Bioworks's Piotroski F-Score?

Lunai Bioworks (LNAI) has a Piotroski F-Score of 2 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 Lunai Bioworks's earnings high quality?

Lunai Bioworks (LNAI) has an earnings quality ratio of 0.04x, 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 Lunai Bioworks cover its interest payments?

Lunai Bioworks (LNAI) has an interest coverage ratio of -260.4x, 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.