Arcadia Q1 net loss $4.4M ($2.11/share); Zola volumes +18% YoY

Arcadia Biosciences, Inc.

2026-Q1 EPS reported -$2.11 revenue$1,100,000

Net loss attributable to common stockholders $4.385M (EPS -$2.11) vs net income $2.599M ($1.90 EPS) in Q1 2025.
Zola coconut water unit volume +18% YoY; total revenue $1.1M down 8% due to $193k revenue reserve release in prior year.
SG&A $1.179M, lowest in public company history, down $559k YoY; cash and equivalents $0.954M vs $0.259M at year-end.
January 2026 warrant inducement generated $2.1M gross proceeds but caused $2.877M loss; company continues evaluating strategic alternatives.
Company plans new product launch fall 2026; Zola benefited from price increase at start of year.

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