AVAI BIO, INC. (AVAI)
Avai Bio, Inc. operates as a holding company primarily focused on creating websites and mobile applications that offer users personalized and convenient experiences. Its business activities include providing IT consulting services and making artificial intelligence accessible to the general public. The company was established on November 6, 2017, and its main office is situated in Las Vegas, Nevada.
Sector: Services-Computer Processing & Data Preparation
Industry: Software - Application
Avai Bio, Inc.
OTC:AVAITechnology · Software - Application
+3.00%$0.0927
Mkt Cap$14.27M
Float139.32M
O/S153.92M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.75M
Total Assets$573K
Free Cash Flow-$1.01M
Debt & Equity
Total Debt$1.79M
Total Equity-$2.82M
Preferred Stock$27K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in AVAI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$573K
Liabilities$3.39M
Accounts Receivable$60K
Accounts Payable$1.59M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$106K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 |
| Revenue | $0 | $0 | $0 | $276K | $921K | $1.21M | $717K | $0 | $0 |
| YoY Growth | - | - | - | -70.0% | -24.1% | 69.2% | - | - | - |
| Cost of Revenue | $26K | $74K | $1K | $326K | $542K | $1.29M | $500K | $5K | $0 |
| Gross Profit | -$26K | -$74K | -$1K | -$49K | $380K | -$73K | $217K | -$5K | $0 |
| Gross Margin | - | - | - | -17.8% | 41.2% | -6.0% | 30.3% | - | - |
| Research and Development | $15K | $0 | $0 | $0 | $0 | $0 | $27K | $0 | $0 |
| Selling, General, and Administrative | $1.44M | $1.44M | $2.04M | $300K | $506K | $230K | $287K | $73K | $739 |
| Other | $0 | $15K | $88K | $0 | $0 | $1K | $0 | $0 | $0 |
| Total Operating Expenses | $1.45M | $1.46M | $2.13M | $300K | $506K | $230K | $287K | $73K | $739 |
| Operating Income (EBIT) | -$1.48M | -$1.53M | -$2.13M | -$349K | -$127K | -$304K | -$70K | -$78K | -$740 |
| Operating Margin | - | - | - | -126.3% | -13.7% | -25.0% | -9.7% | - | - |
| Interest Expense | $269K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$269K | $391K | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Income Before Tax (EBT) | -$1.75M | -$1.14M | -$2.13M | -$349K | -$127K | -$302K | -$70K | -$78K | -$739 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2 | $0 |
| Net Income | -$1.75M | -$1.14M | -$2.13M | -$349K | -$127K | -$302K | -$70K | -$78K | -$739 |
| Net Income Margin | - | - | - | -126.3% | -13.7% | -24.9% | -9.7% | - | - |
| Supplementary Data | |||||||||
| EPS | -0.01 | -0.01 | -0.02 | -0.01 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.01 | -0.01 | -0.02 | -0.01 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 137.97M | 128.15M | 86.53M | 38.50M | 26.32M | 26.28M | 20.35M | 100.28M | 100.28M |
| EBITDA | -$1.45M | -$1.46M | -$2.05M | -$326K | -$79K | -$246K | -$30K | -$73K | -$740 |
| EBITDA Margin | - | - | - | -117.8% | -8.5% | -20.2% | -4.2% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $23K | $81K | $281 | $107K | $33K | $60K | $27K | $102 | $6K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $23K | $81K | $281 | $107K | $33K | $60K | $27K | $102 | $6K |
| Accounts Receivable | $60K | $0 | $0 | $0 | $171K | $355K | $112K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $114 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $81K | $54 | $3K |
| Total Current Assets | $89K | $93K | $116K | $108K | $331K | $620K | $148K | $25K | $8K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $125 | $425 | $23K | $51K | $5K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $106K | $132K | $206K | $134K | $123K | $171K | $218K | $0 | $0 |
| Long-Term Investments | $378K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $0 | $0 |
| Total Long-Term Assets | $483K | $132K | $206K | $134K | $124K | $196K | $272K | $5K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $573K | $225K | $322K | $241K | $455K | $816K | $420K | $31K | $8K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $1.59M | $885K | $1.08M | $237K | $2K | $271K | $51K | $6K | $0 |
| Short-Term Debt | $1.79M | $903K | $707K | $638K | $600K | $424K | $390K | $68K | $5K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $65K | $375K | $3K | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | -$193K | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $3.39M | $1.79M | $1.79M | $875K | $860K | $1.14M | $458K | $80K | $5K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.39M | $1.79M | $1.79M | $875K | $860K | $1.14M | $458K | $80K | $5K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $27K | $27K | $25K | $4K | $4K | $4K | $0 | $0 | $0 |
| Common Stock | $153K | $137K | $117K | $39K | $26K | $26K | $1K | $5K | $4K |
| Retained Earnings | -$5.87M | -$4.12M | -$2.98M | -$848K | -$496K | -$369K | -$67K | -$79K | -$739 |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | -$169 | $11K | $0 | $0 | $0 |
| Other Stockholders' Equity | $2.9M | $2.42M | $1.39M | $176K | $64K | $16K | $28K | $24K | -$0 |
| Total Equity | -$2.82M | -$1.56M | -$1.47M | -$633K | -$406K | -$327K | -$38K | -$50K | $3K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $573K | $225K | $322K | $241K | $455K | $816K | $420K | $31K | $8K |
| Supplementary Data | |||||||||
| Total Debt | $1.79M | $903K | $707K | $638K | $600K | $424K | $391K | $68K | $5K |
| Net Debt | $1.77M | $822K | $706K | $530K | $567K | $363K | $363K | $68K | -$641 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 |
| Operating Activities | |||||||||
| Net Income | -$1.75M | -$1.14M | -$2.13M | -$349K | -$127K | -$302K | -$70K | -$78K | -$739 |
| Depreciation & Amortization | $26K | $74K | $77K | $23K | $48K | $57K | $39K | $5K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $0 | $0 | $0 | $171K | -$55K | -$244K | -$4K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $114 | -$114 | $0 | $0 |
| Accounts Payable | $708K | -$197K | $845K | $42K | $113K | $227K | $191K | $0 | $0 |
| Other Working Capital | $6K | $104K | -$116K | $60K | -$110K | $238K | -$24K | -$11K | -$3K |
| Total Working Capital Change | $714K | -$93K | $729K | $274K | -$52K | $221K | $163K | -$11K | -$3K |
| Other Non-Cash Items | $0 | $0 | $0 | -$3K | -$23K | $139K | -$111K | $10K | $0 |
| Net Cash from Operating | -$1.01M | -$1.16M | -$1.32M | -$54K | -$153K | -$16K | $131K | -$84K | -$3K |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $0 | -$34K | $0 | $0 | -$301K | -$10K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $34K | $21K | $30K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$149K | $0 | $0 | $21K | -$245K | $0 | $0 |
| Net Cash from Investing | $0 | $0 | -$149K | -$34K | $34K | $21K | -$271K | -$10K | $0 |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | -$27K | -$168K | - | - |
| Common Stock Issuance | $498K | $1.04M | $1.27M | $124K | $0 | $1K | $0 | $25K | $4K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$438K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K |
| Net Cash from Financing | $952K | $1.24M | $1.36M | $162K | $92K | $28K | $168K | $88K | $9K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$58K | $81K | -$107K | $74K | -$27K | $33K | $27K | -$6K | $6K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$1.01M | -$1.16M | -$1.32M | -$54K | -$153K | -$16K | $131K | -$84K | -$3K |
| Capital Expenditure | $4 | $0 | -$149K | -$34K | $0 | $0 | -$301K | -$10K | $0 |
| Free Cash Flow | -$1.01M | -$1.16M | -$1.47M | -$88K | -$153K | -$16K | -$171K | -$94K | -$3K |
| Cash at Beginning | $81K | $281 | $107K | $33K | $60K | $27K | $102 | $6K | -$0 |
| Cash at End | $23K | $81K | $281 | $107K | $33K | $60K | $27K | $102 | $6K |