| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -9.33 M USD | -7.26 M USD | -6.04 M USD | -4.07 M USD | -2.05 M USD |
| Depreciation & Amortization | 504836 USD | 605637 USD | 249592 USD | 10182 USD | 4817 USD |
| Stock-Based Compensation | 671474 USD | 989681 USD | 748823 USD | 248592 USD | 43012 USD |
| Capital Expenditures | 60568 USD | 79083 USD | 22902 USD | 219987 USD | — |
| Cash Flow from Investing | -60568 USD | -79083 USD | -2.21 M USD | -219987 USD | — |
| Cash Flow from Financing | 14.73 M USD | 5.63 M USD | -344984 USD | 14.34 M USD | 3.33 M USD |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | — | — | — | — | — |
| Free Cash Flow | -9.39 M USD | -7.34 M USD | -6.06 M USD | -4.29 M USD | — |
BioAffinity Technologies Inc. is a biotechnology company specializing in noninvasive diagnostics and targeted cancer therapeutics for early-stage lung cancer and other lung diseases. Its flagship product, CyPath Lung, employs flow cytometry technology and automated AI analysis to examine sputum samples, identifying cell populations indicative of malignancy, including cancer cells shed from lung tumors. This enables early detection in high-risk patients, potentially reducing the need for invasive biopsies. The company operates through Diagnostic Research and Development and Laboratory Services segments, with its Precision Pathology Laboratory Services providing anatomic and clinical pathology support. BioAffinity Technologies Inc. also advances its platform technology for applications in asthma and COPD, such as matching patients to biologic therapies by detecting antibody drug receptors in sputum. Additionally, through its subsidiary OncoSelect Therapeutics, it researches porphyrin-based therapies that selectively target and kill cancer cells. Founded in 2014 and headquartered in San Antonio, Texas, BioAffinity Technologies Inc. plays a key role in the in vitro diagnostics sector of healthcare, addressing critical needs in oncology and respiratory medicine.