Welcome to our dedicated page for Cadiz SEC filings (Ticker: CDZI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cadiz, Inc. (NASDAQ: CDZI) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, including Forms 8-K, 10-Q, 10-K and related exhibits. For a water solutions company with significant infrastructure plans, these filings are a primary source of detail on project financing, contractual arrangements and regulatory relationships.
Recent Form 8-K filings describe material agreements such as the definitive financing arrangement with Lytton Rancheria of California, a federally recognized Native American tribe, for up to $51 million in unsecured term loan funding to support development and construction of the Mojave Groundwater Bank. The filings outline key terms, including the use of proceeds for project development, potential conversion of the loan into rights to storage cash flows and equity interests in Mojave Water Infrastructure Company, and associated common stock issuances as commitment and funding fees.
Other 8-K disclosures cover the Memorandum of Understanding among the U.S. Bureau of Reclamation, Fenner Valley Water Authority and Fenner Gap Mutual Water Company, managed by Cadiz, to collaborate on data and research related to water augmentation of the Colorado River through the Mojave Groundwater Bank. These documents explain how federal and regional entities are evaluating conserved water and aquifer storage benefits for Southern California and the Lower Colorado River Basin.
On this page, Stock Titan surfaces Cadiz’s SEC filings in real time as they are posted to EDGAR and pairs them with AI-powered summaries that highlight the most important points, such as new financing obligations, equity issuances, project development milestones and key risk disclosures. Users can also review filings related to preferred stock, shelf registration statements and other capital markets activities to better understand Cadiz’s financial structure and obligations.
Lloyd Barbara A reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Barbara A. Lloyd received a stock grant as part of her board compensation. She was awarded 927 shares of common stock valued at $5.055 per share under the company’s 2019 Equity Incentive Plan, issued in lieu of cash fees for director services for the three-month period beginning April 1, 2026. Following this grant, she directly holds 22,272 shares of CADIZ INC common stock, reflecting a routine, compensation-related equity award rather than an open-market purchase.
Dreyfus Maria S. reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Maria S. Dreyfus received 3,709 shares of Common Stock as equity compensation. The shares were issued at $5.055 per share under the 2019 Equity Incentive Plan in lieu of cash compensation for her services as a director during the three‑month period beginning April 1, 2026. Following this stock award, she directly holds 186,003 shares of CADIZ INC common stock.
O'Hara David Mark reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc director David Mark O'Hara received stock awards instead of cash fees. On April 1, 2026, he was granted 3,267 shares of common stock at an indicated value of $5.74 per share and 3,709 shares at $5.055 per share.
According to the footnotes, these grants were issued under the 2019 Equity Incentive Plan in lieu of cash compensation for his board service during two periods beginning February 3, 2026 and April 1, 2026. After these awards, he directly holds 6,976 shares of Cadiz common stock.
Cadiz Inc. director David Mark O'Hara filed an initial Form 3 reporting his beneficial ownership of the company’s Common Stock. The filing shows he currently reports ownership of 0 shares of Common Stock following the reported position.
Cadiz Inc. outlines an ambitious buildout of its Mojave Groundwater Bank, combining water supply, storage, pipelines and filtration technology in Southern California. The company remains pre-revenue on its core water assets and reported a $34.2 million net loss in 2025, but operating activity is increasing.
ATEC, its water filtration unit, delivered record 2025 revenue of $14.5 million (up from $7.9 million) with improved margins, while total revenue reached $16.3 million. Cadiz has contracted for 21,275 acre-feet per year of water supply via its Northern Pipeline and is advancing additional supply and storage contracts.
The full Mojave Groundwater Bank, including Northern and Southern pipelines, wellfield and facilities, is now estimated to cost $1.25–$1.5 billion, up from about $800 million, driven by higher labor, power and remote-construction costs. To fund this, Cadiz formed Mojave Water Infrastructure Company, targets about $451 million of equity (including a $51 million Lytton tribe credit facility), and has an EPA WIFIA invitation for up to $194 million to support Northern Pipeline conversion.
Cadiz Inc. filed a current report to announce that its Board of Directors appointed Dave O’Hara as a new director, filling an existing board vacancy effective February 3, 2026. His initial term runs until the company’s 2026 Annual Meeting of Stockholders, when he is expected to stand for re-election.
O’Hara is a seasoned finance executive who spent more than 20 years at Microsoft, most recently as Executive Vice President and Chief Financial Officer of Microsoft’s Commercial Business Group, overseeing investment strategy, budgeting, forecasting, and financial analysis for major business units and large-scale capital projects. Cadiz notes there are no special arrangements behind his selection, no family relationships with current directors or officers, and no related-party transactions requiring disclosure. He will be paid under the company’s standard Director Compensation Policy.
Cadiz Inc. director Barbara A. Lloyd reported receiving 817 shares of common stock on January 2, 2026 at a price of $5.74 per share. These shares were issued under the company’s 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for her services as a director during the three-month period beginning January 1, 2026. After this grant, she beneficially owned 21,345 Cadiz common shares in direct form.
Cadiz Inc. director Maria S. Dreyfus reported receiving 3,267 shares of common stock of Cadiz Inc. as of January 2, 2026. The shares were issued at a value of $5.74 per share under the company’s 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for her services as a director during the three-month period beginning January 1, 2026. After this stock award, she beneficially owns 182,294 shares of Cadiz Inc. common stock, held directly.
Cadiz Inc. (CDZI) reported Q3 2025 results with total revenue of $4.15 million, up from $3.22 million a year ago, driven by stronger ATEC water filtration sales. The quarter recorded a net loss of $7.07 million and an operating loss of $4.90 million. ATEC posted improved gross margins (49.6%) as higher filter shipments spread fixed costs, while Land and Water Resources remained in pre-revenue development.
For the nine months ended September 30, 2025, revenue was $11.23 million versus $4.86 million in 2024, with a net loss of $24.40 million. Cash and cash equivalents were $4.43 million as of September 30, 2025; operating cash use was $12.01 million year-to-date. Long-term debt was $59.84 million, and the company paid $1.27 million in quarterly dividends on its 8.875% Series A preferred. Cadiz raised equity via registered direct offerings in November 2024 and March 2025.
Subsequent event: on October 27, 2025, Cadiz entered the Lytton Agreement, enabling draws of up to $51 million as an unsecured term loan at 8% to fund the Mojave Groundwater Bank, with a potential conversion into a right to 51% of storage cash flows if fully funded.
Cadiz Inc. entered a definitive agreement with Lytton Rancheria for an unsecured term loan of up to $51,000,000 at 8% to fund development and construction activities for the Mojave Groundwater Bank ahead of a larger project financing. Draws are permitted from October 27, 2025 through April 30, 2027, with an initial draw of $15,000,000 expected. Interest is payable quarterly and may be settled in cash or, by mutual agreement, in common shares.
At the initial closing of the broader project financing, Lytton may elect to convert the loan into a right to receive 51% of storage cash flows, then contribute that right to Mojave Water Infrastructure Company, LLC for equity on the same economic terms as other investors. The loan matures 66 months from the effective date and may be extended up to 60 months if principal remains outstanding. Cadiz will issue commitment fee and funding fee shares, to be registered under its effective Form S-3 via a prospectus supplement. This tranche aligns with the Company’s plan to raise approximately $450 million of equity capital through MWI.