Company Analysis

bioAffinity Technologies, Inc. (BIAF)

Nasdaq: BIAF · Services-Commercial Physical & Biological Research · San Antonio, TX · filing with the SEC since 2017
Grade4.0
◀ Past 3.3● Present 3.8▶ Future 4.5
2 est.

The grade of bioAffinity Technologies, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past3.325% of the headline
● Present3.835% of the headline
▶ Future4.540% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.3/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.3/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2026-07-31.

weight 22% of this tense · 33rd percentile among 12 sector filers · read for itself

From the record

bioAffinity Technologies, Inc.'s filings since 2017 show 4 warning events: a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2026-07-31) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.3/10

What has it actually done, year after year?

+986% a year over 4 filed years; profitable in 0 of 4.

weight 45% of this tense · 53rd percentile among 12 sector filers · read for its customers

From the record

bioAffinity Technologies, Inc.'s 4 filed years say what it did: revenue went from $5 thousand in fiscal 2022 to $6 million in fiscal 2025, up 986% a year; it rose in 2 of 3 years; the deepest fall was 34% from fiscal 2024 to fiscal 2025; net income was positive in 0 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span986.0%top 4% of its family
  • the share of years revenue rosetop 46% of its family
  • the share of filed years with a profitbottom 25% of its family
  • the deepest fall from a revenue peak34.2%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.4/10

How has it treated the people who own it?

SI estimate 0.4/10, confidence 35 of 100 (one part).

weight 33% of this tense · 4th percentile among 12 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 4% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 12 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: bioAffinity Technologies, Inc.'s shareholder treatment is put at 0.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 4% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.8/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.0/10

Is it financially healthy right now?

ROE -205%: lost 205¢ per shareholder dollar. Leverage 34%: owes 34¢ per asset dollar.

weight 45% of this tense · 30th percentile among 12 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, bioAffinity Technologies, Inc. lost about 205 cents for every dollar of shareholders' money. Leverage: it owed about 34 cents per dollar of assets, and net share issuance: its share count grew 325.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 37% of its family
  • return on equitybottom 14% of its family
  • the share count against the year beforebottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.1/10

How strong is its position in its industry?

top 49% of 12 in its family; net margin -242%.

weight 22% of this tense · 51st percentile among 12 sector filers · read for its customers

From the record

bioAffinity Technologies, Inc.'s standing among 12 graded names in its industry family: revenue of $6 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of -242% ranks in the bottom 29%; revenue growth of 986% a year over the last 3 filed years ranks in the top 4% (its annual reports).

What it rests on

  • revenue against the family$6.2Mbottom 29% of its family
  • net margin-242.0%bottom 29% of its family
  • three-year revenue growth986.0%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.0/10

What are the people in charge doing?

SI estimate 4.0/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 9 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 9 members with one.
What the record cannot read
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
How it was reasoned
family median, 9 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: bioAffinity Technologies, Inc.'s leadership is put at 4.0 of 10 with a confidence of 20 of 100, because fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.5/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 12 in its family for room to expand.

weight 33% of this tense · 44th percentile among 12 sector filers · read for itself

From the record

bioAffinity Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against no long-term debt tagged leaves 58.8% of its assets as net cash, top 12% of its family; cash from operations less capital spending is -152.4% of revenue (bottom 38%); research spending of 22.4% of revenue (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets58.8%top 12% of its family
  • cash from operations less capital spending against revenue-152.4%bottom 38% of its family
  • research spending against revenue22.4%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.0/10

What could actually drive growth from here?

bottom 49% of 12 in its family for growth drivers.

weight 45% of this tense · 49th percentile among 12 sector filers · read for its customers

From the record

bioAffinity Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 986% a year over the last three filed years against 986% over all 4, speeding up (top 12% of its family); the newest year grew -34.2% (bottom 21%); research spending grew 0.1% a year (bottom 44%); capital spending grew -34.9% a year (bottom 46%) (its annual reports). bioAffinity Technologies, Inc. reported 6 product lines in fiscal 2025: Health Care Patient Service at $5 million (81%), Histology Service Fees at $1 million (18%), Medical Director Fees at $68 thousand (1%), and 3 more; 2 of 6 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 12% of its family
  • the newest year's revenue growth-34.2%bottom 21% of its family
  • three-year growth of research spending0.1%bottom 44% of its family
  • three-year growth of capital spending-34.9%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.8/10

Did its newest year beat what its own record pointed to?

bottom 38% of 11 in its family for expectations against reality.

weight 22% of this tense · 38th percentile among 11 sector filers · read for its shareholders

From the record

bioAffinity Technologies, Inc.'s newest year against its own record: revenue of $6 million in fiscal 2025 came in 98.5% below the $412 million its prior three years' pace pointed to (bottom 5% of its family); net income of $15 million against a prior three-year average of $8 million (bottom 14%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 5%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-98.5%bottom 5% of its family
  • net income against the prior three years' average-78%bottom 14% of its family
  • net margin against its prior averageup more than 100 pointstop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BIAF · research, not advice