CYduct Diagnostics, Inc. (CYDX)
CYduct Diagnostics, Inc. operates as a medical instrument enterprise that engineers and commercializes a diverse range of technologies, equipment, and methodologies. These innovations are purposed for the detection, diagnosis, therapeutic intervention, and general management of various health conditions and illnesses. The company's extensive product offerings include specialized breast endoscopy systems, an assortment of camera solutions (such as 3-chip and 1-chip models), and all necessary accessories. They also provide a broad selection of endoscopic instruments, encompassing surgical tools like dissectors, graspers, scissors, needle holders, fan retractors, cautery devices, and insufflation needles. Furthermore, CYduct supplies illumination series products, including fiber optic cables, light port adapters, light sources, and replacement lamps, alongside insufflators. For surgical specialties, their portfolio features laparoscopic instruments designed for general surgery, lymphadenectomy, gynecology, and thorascopy. Complementing these are rigid scopes (like laparoscopes, operative scopes, and cystoscopes) with their corresponding accessories, as well as trocar and cannula sets, video carts, and both insulated and non-insulated instrument handles. Uniquely, the company also provides instrumentation tailored for veterinary applications. Established in 1986, CYduct Diagnostics, Inc. is headquartered in Westport, Connecticut. The firm was formerly known as Solos Endoscopy, Inc., before adopting its current name in December 2020.
Industry: Medical - Devices
CYduct Diagnostics, Inc.
OTC:CYDXHealthcare · Medical - Devices
Mkt Cap$2.4M
Float5.05M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$70K
Net Income-$207K
Total Assets$30K
Free Cash Flow$12K
Debt & Equity
Total Debt$708K
Total Equity-$1.06M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CYDX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$30K
Liabilities$1.09M
Accounts Receivable$12K
Accounts Payable$255K
Inventory$10K
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $70K | $71K | $84K | $119K | $94K | $161K | $194K | $184K | $232K | $263K | $266K |
| YoY Growth | -0.4% | -16.3% | -29.2% | 26.9% | -41.5% | -17.3% | 5.5% | -20.6% | -11.6% | -1.4% | - |
| Cost of Revenue | $27K | $24K | $28K | $36K | $31K | $45K | $63K | $92K | $97K | $110K | $110K |
| Gross Profit | $44K | $47K | $57K | $83K | $64K | $116K | $132K | $93K | $135K | $153K | $156K |
| Gross Margin | 62.3% | 66.2% | 67.0% | 69.9% | 67.5% | 71.8% | 67.7% | 50.3% | 58.1% | 58.1% | 58.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $199K | $410K | $436K | $525K | $467K | $486K | $380K | $379K | $321K | $471K | $488K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $199K | $410K | $436K | $525K | $467K | $486K | $380K | $379K | $321K | $471K | $488K |
| Operating Income (EBIT) | -$155K | -$363K | -$379K | -$445K | -$404K | -$371K | -$249K | -$287K | -$186K | -$318K | -$332K |
| Operating Margin | -220.1% | -513.8% | -448.5% | -372.6% | -429.1% | -230.6% | -128.0% | -155.4% | -80.0% | -121.3% | -124.7% |
| Interest Expense | $53K | $50K | $39K | $31K | $17K | $1K | $2K | $0 | $906 | $2K | $2K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$53K | -$50K | -$39K | -$31K | -$17K | -$1K | $808K | $2.2M | -$432K | -$1.16M | -$3.32M |
| Income Before Tax (EBT) | -$207K | -$414K | -$418K | -$476K | -$420K | -$372K | $559K | $1.92M | -$617K | -$1.48M | -$3.65M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$207K | -$414K | -$418K | -$473K | -$420K | -$372K | $559K | $1.92M | -$617K | -$1.48M | -$3.65M |
| Net Income Margin | -294.7% | -585.1% | -494.8% | -396.1% | -447.1% | -231.3% | 287.5% | 1039.3% | -265.9% | -562.6% | -1370.2% |
| Supplementary Data | |||||||||||
| EPS | -0.04 | -0.08 | -0.08 | -0.09 | -0.08 | -0.07 | 0.19 | 3.14 | -1.31 | -5.32 | -18.30 |
| Diluted EPS | -0.04 | -0.08 | -0.08 | -0.09 | -0.08 | -0.07 | 0.19 | 3.14 | -1.31 | -5.32 | -18.30 |
| Weighted Average OS | 5.55M | 5.24M | 5.20M | 5.14M | 5.14M | 5.00M | 2.94M | 610,002 | 472,055 | 277,908 | 199,110 |
| EBITDA | -$155K | -$363K | -$379K | -$441K | -$167K | -$371K | $732K | $1.92M | -$617K | -$1.48M | -$332K |
| EBITDA Margin | -220.1% | -513.8% | -448.5% | -369.7% | -177.5% | -230.6% | 376.7% | 1039.3% | -265.5% | -561.9% | -124.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $7K | $1K | $30K | $55K | $272K | $19K | $18K | $31K | $10K | $2K | $13K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7K | $1K | $30K | $55K | $272K | $19K | $18K | $31K | $10K | $2K | $13K |
| Accounts Receivable | $12K | $19K | $13K | $12K | $8K | $29K | $14K | $22K | $52K | $53K | $13K |
| Inventory | $10K | $18K | $12K | $14K | $17K | $24K | $20K | $24K | $44K | $106K | $144K |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $30K | $38K | $55K | $81K | $297K | $71K | $52K | $76K | $105K | $162K | $169K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $900K | $900K |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $50K | $50K | $50K | $1.05M | $1.05M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$900K | -$900K |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $50K | $50K | $50K | $1.05M | $1.05M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $30K | $38K | $55K | $81K | $297K | $71K | $102K | $126K | $155K | $1.21M | $1.22M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $255K | $211K | $117K | $70K | $1.33M | $1.06M | $775K | $552K | $314K | $616K | $477K |
| Short-Term Debt | $80K | $85K | $80K | $280K | $80K | $80K | $80K | $40K | $0 | $25K | $26K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $1.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $123K | $87K | $58K | $1.46M | $0 | $0 | $0 | $809K | $3.02M | $3.28M | $2.17M |
| Total Current Liabilities | $457K | $2.22M | $1.86M | $1.81M | $1.41M | $1.14M | $855K | $1.4M | $3.34M | $3.92M | $2.67M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $628K | $628K | $590K | $290K | $440K | $60K | $0 | $40K | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $628K | $628K | $590K | $290K | $440K | $60K | $0 | $40K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.09M | $2.85M | $2.45M | $2.1M | $1.85M | $1.2M | $855K | $1.44M | $3.34M | $3.92M | $2.67M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $506 | $755 | $796 | $605 |
| Common Stock | $13K | $5K | $5K | $5K | $5K | $5K | $1.25M | $205K | $135K | $86K | $57K |
| Retained Earnings | -$14.76M | -$14.55M | -$14.14M | -$13.72M | -$13.24M | -$12.82M | -$12.38M | -$12.94M | -$14.86M | -$14.24M | -$12.76M |
| Comprehensive Income & Other | $0 | $0 | $0 | $11.69M | $11.69M | $11.69M | $11.63M | $11.63M | $11.68M | $11.53M | $11.31M |
| Other Stockholders' Equity | $13.69M | $11.74M | $11.74M | $11.69M | $11.69M | $11.69M | $10.38M | $11.43M | $11.54M | $11.45M | $11.25M |
| Total Equity | -$1.06M | -$2.81M | -$2.4M | -$2.02M | -$1.55M | -$1.13M | -$753K | -$1.31M | -$3.18M | -$2.71M | -$1.45M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $30K | $38K | $55K | $81K | $297K | $71K | $102K | $129K | $155K | $1.21M | $1.22M |
| Supplementary Data | |||||||||||
| Total Debt | $708K | $713K | $670K | $570K | $520K | $140K | $80K | $80K | $0 | $25K | $26K |
| Net Debt | $701K | $712K | $640K | $515K | $248K | $121K | $62K | $49K | -$10K | $24K | $13K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$207K | -$414K | -$418K | -$473K | -$420K | -$372K | $559K | $1.92M | -$617K | -$1.48M | -$3.65M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $6K | -$6K | -$1K | -$4K | $21K | -$18K | $11K | $28K | $5K | -$41K | $30K |
| Inventory | $7K | -$6K | $2K | $2K | $7K | -$12K | $4K | $19K | $63K | $37K | $29K |
| Accounts Payable | $44K | $94K | $242K | $24K | $265K | $282K | $223K | $228K | $169K | $140K | $189K |
| Other Working Capital | $161K | $259K | $0 | $184K | -$680 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $219K | $342K | $243K | $206K | $293K | $253K | $238K | $275K | $236K | $136K | $248K |
| Other Non-Cash Items | $0 | $0 | $0 | $0 | $0 | $62K | -$809K | -$2.48M | $153K | $1.15M | $3.16M |
| Net Cash from Operating | $11K | -$72K | -$175K | -$267K | -$128K | -$58K | -$12K | -$12K | $8K | -$59K | $8K |
| Investing Activities | |||||||||||
| Capital Expenditures | $0 | $0 | $3 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$194 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | -$191 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||
| Debt Repaid | $5K | -$43K | -$100K | -$50K | -$381K | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $50K | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $2K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $0 | $0 | $2K |
| Net Cash from Financing | -$5K | $43K | $150K | $50K | $381K | $0 | $0 | $32K | $0 | $48K | $2K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $6K | -$29K | -$25K | -$217K | $253K | $553 | -$12K | $21K | $8K | -$11K | $10K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $11K | -$72K | -$175K | -$267K | -$128K | -$58K | -$12K | -$12K | $8K | -$59K | $8K |
| Capital Expenditure | $5 | $0 | $3 | $4 | $3 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $12K | -$72K | -$175K | -$267K | -$128K | -$58K | -$12K | -$12K | $8K | -$59K | $8K |
| Cash at Beginning | $1K | $30K | $55K | $272K | $19K | $18K | $31K | $10K | $2K | $13K | $3K |
| Cash at End | $7K | $1K | $30K | $55K | $272K | $19K | $18K | $31K | $10K | $2K | $13K |