Highest-materiality recent filing
Arcadia Biosciences dismisses Deloitte, hires RJI as new auditor; cites material weaknesses
Dismissed Deloitte & Touche on March 30, 2026; engaged Ramirez Jimenez International CPAs (RJI) same day.
Q4 2025 revenue $901K (-26% YoY); full-year revenue $4.86M (-4%). Net loss per share $1.71 vs $5.17 in 2024.
Arcadia Biosciences raises $2.1M via exercise of options at reduced price; issues new options
Gross proceeds of approx. $2.1M from exercise of 808,595 existing options at reduced price of $2.575/share.
Arcadia Biosciences (RKDA) merger with Roosevelt Resources terminated; no breakup fee
Received termination notice on Dec 24, 2025; Closing did not occur by Aug 15, 2025.
Arcadia Q3 net income $856k vs loss $1.6M YoY; Zola YTD revenue up 26%
Q3 total revenue $1.30M, down 15% YoY; loss from operations $1.15M.
Arcadia CFO Mark Kawakami resigns; CEO Schaefer adds interim CFO role
CFO Mark Kawakami resigns effective September 12, 2025; not due to any disagreement with the Company or auditors.
Arcadia Q2 net loss $4.5M on $4.5M credit loss; Zola revenue up 24%
Total revenue $1.455M (+11% YoY); Zola coconut water sales grew 24% to $1.455M.
Arcadia Biosciences reports default on $2M note payment from Above Food Corp; buyer in receivership
Above Food Corp failed to pay $2M principal plus ~$475k interest due May 14, 2025 on note from GoodWheat sale.
Arcadia Biosciences Q1 net income $2.6M; Zola sales up 90%; Roosevelt deal amended to 90/10 split
Q1 2025 net income $2.6M ($1.90/share) vs net loss of $2.4M ($1.78 loss) in Q1 2024.
Arcadia Biosciences amends merger with Roosevelt: extends deadline, revises share formula
Termination date extended from May 15, 2025 to August 15, 2025.
Arcadia Biosciences enters agreement to receive $750,000 and transfer certain patent assets
A third party agreed to pay Arcadia $750,000 as part of the agreement.
Arcadia Biosciences Q4 revenue +56% YoY to $1.2M; net loss widens; Roosevelt deal on track
Q4 total revenues $1.216M (+56% YoY); FY2024 revenues $5.045M (+13% YoY).
Arcadia Biosciences to merge with oil and gas partnership Roosevelt Resources in all-stock deal
Signed Securities Exchange Agreement on Dec 5, 2024 for all-stock business combination with Roosevelt Resources, a Texas oil & gas partnership.
Arcadia to issue shares for all Roosevelt equity; current Arcadia shareholders will own ~10% of combined company.
Arcadia Biosciences Q3 revenue up 18% to $1.5M; net loss narrows to $1.6M
Total revenues $1.537M, +18% YoY; Zola coconut water revenue +55% YoY.
Arcadia Q2 2024 net income $1.1M; sells wheat IP to Corteva for $4M
Q2 revenue $1.306M (flat YoY); net income $1.061M ($0.78/diluted share) vs $823K ($0.61) in Q2 2023.
Arcadia CEO Stanley Jacot resigns; CFO Schaefer promoted to CEO, Kawakami named CFO
Stanley Jacot, Jr. resigned as president, CEO, and director on July 2, 2024; cash severance $288,077 + 12-month option acceleration + COBRA through Feb 2025.
Arcadia sells GoodWheat business; receives $6M promissory note, pays $2M cash at close
Net consideration $4M: $6M promissory note (3-yr, prime rate) from Above Food; Arcadia paid $2M cash at closing.
Arcadia sells resistant starch durum wheat trait to Corteva unit for $4M cash
Sold patent and related rights for resistant starch durum wheat trait to Pioneer Hi-Bred (Corteva) for $4M cash.
Arcadia Q1 2024 revenue up 2% YoY; net loss narrows to $2.4M from $9.4M
Product revenue $1.255M (+2% YoY); fifth consecutive quarter with >30% gross margin.
Arcadia Q4 revenues up 57% to $1.2M; full-year net loss narrows to $14.0M
Q4 2023 product revenue $1.17M (+57% YoY); full-year revenue $5.33M (-28% from $7.42M due to prior-year grain sales and license revenue).
On August 1, 2024, the board of directors (the “Board”) of Arcadia Biosciences, Inc. (“Arcadia” or the “Company”) appointed Thomas J. Schaefer, Arcadia’s current president and chief executive officer, to serve as a Class I director of the Company.
Mr. Jacot resigned as Arcadia’s president, chief executive officer and director.
Arcadia’s board of directors appointed Mark Kawakami as Arcadia’s new chief financial officer to succeed Mr. Schaefer, effective as of July 5, 2024.
Arcadia’s board of directors appointed Thomas J. Schaefer, Arcadia’s current chief financial officer, to the position of president and chief executive officer of Arcadia, effective as of July 5, 2024.
Max materiality 0.85 · Median 0.68 · Most common event earnings