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Cadiz CDZI Mojave Groundwater Bank — Deferred Revenue

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Other financials

Income statement

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Revenue$1.6M-44.8%
Gross profit$425.0K-51.5%
Operating income-$6.8M+9.3%
Net income-$8.6M+10.0%
EPS (diluted)-$0.16

Balance sheet

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Cash & equivalents$16.5M-23.3%
Total debt$88.9M+44.7%
Total equity$15.6M-64.5%
Total assets$146.1M+0.4%

Cash flow

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Operating cash flow-$5.5M-51.2%
CapEx$242.0K-81.2%
Free cash flow-$5.8M-16.6%

Valuation

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Market cap$279.17M+0.3%
Enterprise value$351.51M+7.3%
P/S18.6×+0.1×

Profitability

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Gross margin31.3%+4.5pp
Operating margin-166.1%-34.9pp
Net margin-221.4%-44.6pp
FCF margin-182.3%-22.8pp

Returns & leverage

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Return on equity-111.3%+53.5pp
Debt / equity5.7×+4.3×
Current ratio1.9×-0.3×

Where this comes from

Reported directly by Cadiz in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The source filing: Cadiz’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-017051

Pursuant to cost-sharing agreements that have been entered into by participants in the Mojave Groundwater Bank, $625,000 in funds have been received in order to offset costs incurred in the environmental analysis of the Mojave Groundwater Bank. These funds may either be reimbursed or credited to participants’ participation in the Mojave Groundwater Bank and, accordingly, are fully reflected as deferred revenue as of March 31, 2026 and March 31, 2025.

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FAQ

What is Cadiz's mojave groundwater bank — deferred revenue?
Cadiz (CDZI) reported mojave groundwater bank — deferred revenue of $625K in Q1 2026.
How has Cadiz's mojave groundwater bank — deferred revenue changed year-over-year?
Cadiz's mojave groundwater bank — deferred revenue decreased by 0.0% year-over-year, from $625K to $625K.
What does mojave groundwater bank — deferred revenue mean?
This metric represents the balance of payments received from customers for future water storage, delivery, or conservation services that have not yet been recognized as revenue. It reflects the company's contractual obligations to provide water-related services over time as performance obligations are satisfied. Tracking this balance provides insight into the company's future revenue visibility and the pace at which long-term water infrastructure contracts are being fulfilled.

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