BioCardia Reports FY 2025 Financial Results with Increased Losses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy BCDA?
Source: seekingalpha
- Financial Performance: BioCardia reported a FY 2025 GAAP EPS of -$1.23, missing estimates by $0.03, indicating ongoing challenges in profitability that may affect investor confidence.
- Operating Cash Flow: The net cash used in operations for FY 2025 was approximately $7.4 million, a decrease from $7.9 million in 2024, primarily due to the timing of supplier payments, reflecting an improvement in cash flow management.
- Cash Reserves: As of the end of 2025, the company had cash and cash equivalents totaling approximately $2.5 million, which, despite the cash flow improvement, raises concerns about liquidity to support future operations and growth.
- Net Loss Situation: The net loss for FY 2025 modestly increased to approximately $8.2 million compared to $7.9 million in 2024, indicating ongoing challenges in cost control and revenue enhancement that may impact long-term sustainability.
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Analyst Views on BCDA
Wall Street analysts forecast BCDA stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.160
Low
6.00
Averages
15.50
High
25.00
Current: 1.160
Low
6.00
Averages
15.50
High
25.00
No data
About BCDA
BioCardia, Inc. is a clinical-stage company developing cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases. It is advancing two cell therapy platforms derived from bone marrow, such as CardiAMP autologous mononuclear cell therapy platform is being advanced for two clinical indications: ischemic heart failure with reduced ejection fraction (HFrEF) and refractory angina resulting from chronic myocardial ischemia. Its immunomodulatory allogeneic mesenchymal stem cell (MSC) therapy platform is being advanced as a cell therapy for two clinical indications: the treatment of ischemic HFrEF (CardiALLO), which is actively enrolling, and acute respiratory distress syndrome. Its CardiAMP autologous and CardiALLO allogeneic cell therapies are the Company’s biotherapeutic platforms with three clinical stage product candidates in development. These therapies are enabled by its Helix biotherapeutic delivery and Morph vascular navigation product platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BioCardia Q4 2025 Earnings Call Insights
- Clinical Trial Data: CEO Peter Altman highlighted that BioCardia has complete data from three clinical trials of CardiAMP cell therapy, with the latest Phase III results showing significant reductions in left ventricular volume during both diastole and systole, with p-values of 0.06 and 0.09, indicating clinically meaningful and statistically significant treatment effects.
- R&D Expense Growth: CFO David McClung reported total expenses of $8.3 million for 2025, reflecting a year-over-year increase of approximately 3%, with R&D expenses reaching $5 million, demonstrating the company's ongoing commitment to advancing therapeutic candidates.
- Cash Flow Status: BioCardia reported a net loss of $8.2 million for 2025, with approximately $7.5 million used in operations, and year-end cash and equivalents totaling $2.5 million, indicating the company's efforts to manage cash burn effectively.
- Regulatory Progress Expectations: Management anticipates soon submitting the Q-sub request for the CardiAMP system to the FDA, with a 45-day turnaround expected for feedback under breakthrough designation, which could significantly enhance the company's market access prospects.
See More
BioCardia to Report Financial Results on March 24, 2026
- Earnings Call Announcement: BioCardia will provide its financial results for the year ended December 31, 2025, during a conference call on March 24, 2026, at 4:30 PM EDT, highlighting advancements in therapies for cardiovascular and pulmonary diseases.
- Participation Details: Registered participants can obtain their dial-in numbers via the provided link, while those unregistered can listen by calling 1-833-316-0559 in the U.S. or 1-412-317-5730 internationally, with a recommendation to join the call 10 minutes early for smooth access.
- Webcast and Replay Availability: The conference call will be available via live webcast, and a replay will be accessible approximately one hour after the call ends, allowing investors who cannot attend live to stay informed and enhancing corporate transparency.
- Company Overview: BioCardia focuses on developing cellular and cell-derived therapeutics for heart disease, with its CardiAMP and CardiALLO platforms utilizing Helix and Morph technologies to improve treatment outcomes for heart failure and acute myocardial infarction.
See More
BioCardia Completes FDA Pre-Submission for Helix Catheter Approval
- FDA Pre-Submission Completed: BioCardia has completed its FDA pre-submission for the Helix transendocardial delivery catheter, supported by data from 15 clinical trials demonstrating safety and efficacy in cardiac therapies, which is expected to enhance the company's market position in cardiovascular disease treatment.
- Breakthrough Designation: The pre-submission is conducted under the FDA Breakthrough Designation for the CardiAMP Cell Therapy System, with BioCardia planning to align with the FDA on the regulatory pathway within the next 45 days, potentially accelerating market entry.
- Significant Technical Advantages: The Helix catheter has demonstrated a three-fold increase in effective dosing compared to open surgical access and superior procedural safety in clinical trials, which is likely to attract more biopharmaceutical partners to utilize its innovative technology.
- Huge Market Potential: FDA approval will reduce development risks for BioCardia's therapies for heart failure and chronic myocardial ischemia, paving the way for future approvals of its autologous and allogeneic cell therapies to meet enormous unmet medical needs.
See More
IO Biotech (IOBT) Explores Strategic Alternatives, Stock Surges 19.36%
- Strategic Alternatives: IO Biotech announced it will explore various strategic alternatives to maximize shareholder value, resulting in a 19.36% stock surge to $0.25, indicating strong investor interest in potential mergers or asset sales.
- Cost-Cutting Measures: The company is evaluating further reductions in force and other measures to significantly cut operating expenses, aiming to enhance financial flexibility and pave the way for future strategic options.
- Speculative Trading: Cue Biopharma's stock rose 10.67% to $0.42 despite no new company news, suggesting speculative trading activity may reflect investor optimism in the biotech sector.
- Continued Growth Trend: InfuSystem and Cabaletta Bio saw stock increases of 7.19% and 7.68%, respectively, demonstrating ongoing investor interest in the medical services and biotech sectors, despite the absence of new corporate updates.
See More
BioCardia Completes Third Clinical Consultation with Japan's PMDA for CardiAMP Therapy
- Clinical Consultation Progress: BioCardia has completed its third preliminary clinical consultation with Japan's PMDA, preparing for formal discussions on the CardiAMP therapy for heart failure, which could pave the way for new treatment options in the Japanese market.
- Efficacy Data Support: Data from three clinical trials indicate that CardiAMP therapy shows positive outcomes in improving survival rates and reducing major adverse cardiovascular events, highlighting its potential value in treating heart failure patients.
- Innovative Treatment Mechanism: The CardiAMP cell therapy utilizes the patient's own bone marrow cells delivered via a minimally invasive catheter procedure to repair microvascular dysfunction, offering a new therapeutic option for ischemic heart failure patients.
- Clear Regulatory Pathway: The PMDA has indicated that BioCardia can advance to formal clinical consultation, and if the data sufficiently supports safety and efficacy, it will facilitate the company's application for regulatory approval in Japan, further driving its expansion in the Asia-Pacific market.
See More
BioCardia Elects Marvin Slosman to Board of Directors
- New Board Appointment: BioCardia announced the election of Marvin Slosman to its Board of Directors effective December 2, 2025, bringing deep expertise in interventional cardiology that is expected to drive innovation and market expansion in cardiovascular disease treatment.
- Rich Leadership Experience: Slosman, who previously served as CEO of InspireMD and held senior commercial leadership roles at Johnson & Johnson, GE Healthcare, and Baxter International, brings extensive market development and product commercialization experience that will aid BioCardia's strategic growth.
- Gratitude to Former Director: BioCardia expressed appreciation for departing board member Richard Krasno, who provided guidance during key milestones, particularly in the FDA approval of the CardiAMP cell therapy and the Morph DNA product.
- Strategic Company Development: The appointment of Slosman is expected to significantly support BioCardia's clinical value creation and global market expansion, further advancing the company's innovative solutions for treating cardiovascular and pulmonary diseases.
See More
BioCardia Q4 2025 Earnings Call Insights
- Clinical Trial Data: CEO Peter Altman highlighted that BioCardia has complete data from three clinical trials of CardiAMP cell therapy, with the latest Phase III results showing significant reductions in left ventricular volume during both diastole and systole, with p-values of 0.06 and 0.09, indicating clinically meaningful and statistically significant treatment effects.
- R&D Expense Growth: CFO David McClung reported total expenses of $8.3 million for 2025, reflecting a year-over-year increase of approximately 3%, with R&D expenses reaching $5 million, demonstrating the company's ongoing commitment to advancing therapeutic candidates.
- Cash Flow Status: BioCardia reported a net loss of $8.2 million for 2025, with approximately $7.5 million used in operations, and year-end cash and equivalents totaling $2.5 million, indicating the company's efforts to manage cash burn effectively.
- Regulatory Progress Expectations: Management anticipates soon submitting the Q-sub request for the CardiAMP system to the FDA, with a 45-day turnaround expected for feedback under breakthrough designation, which could significantly enhance the company's market access prospects.
See More
BioCardia to Report Financial Results on March 24, 2026
- Earnings Call Announcement: BioCardia will provide its financial results for the year ended December 31, 2025, during a conference call on March 24, 2026, at 4:30 PM EDT, highlighting advancements in therapies for cardiovascular and pulmonary diseases.
- Participation Details: Registered participants can obtain their dial-in numbers via the provided link, while those unregistered can listen by calling 1-833-316-0559 in the U.S. or 1-412-317-5730 internationally, with a recommendation to join the call 10 minutes early for smooth access.
- Webcast and Replay Availability: The conference call will be available via live webcast, and a replay will be accessible approximately one hour after the call ends, allowing investors who cannot attend live to stay informed and enhancing corporate transparency.
- Company Overview: BioCardia focuses on developing cellular and cell-derived therapeutics for heart disease, with its CardiAMP and CardiALLO platforms utilizing Helix and Morph technologies to improve treatment outcomes for heart failure and acute myocardial infarction.
See More
BioCardia Completes FDA Pre-Submission for Helix Catheter Approval
- FDA Pre-Submission Completed: BioCardia has completed its FDA pre-submission for the Helix transendocardial delivery catheter, supported by data from 15 clinical trials demonstrating safety and efficacy in cardiac therapies, which is expected to enhance the company's market position in cardiovascular disease treatment.
- Breakthrough Designation: The pre-submission is conducted under the FDA Breakthrough Designation for the CardiAMP Cell Therapy System, with BioCardia planning to align with the FDA on the regulatory pathway within the next 45 days, potentially accelerating market entry.
- Significant Technical Advantages: The Helix catheter has demonstrated a three-fold increase in effective dosing compared to open surgical access and superior procedural safety in clinical trials, which is likely to attract more biopharmaceutical partners to utilize its innovative technology.
- Huge Market Potential: FDA approval will reduce development risks for BioCardia's therapies for heart failure and chronic myocardial ischemia, paving the way for future approvals of its autologous and allogeneic cell therapies to meet enormous unmet medical needs.
See More
IO Biotech (IOBT) Explores Strategic Alternatives, Stock Surges 19.36%
- Strategic Alternatives: IO Biotech announced it will explore various strategic alternatives to maximize shareholder value, resulting in a 19.36% stock surge to $0.25, indicating strong investor interest in potential mergers or asset sales.
- Cost-Cutting Measures: The company is evaluating further reductions in force and other measures to significantly cut operating expenses, aiming to enhance financial flexibility and pave the way for future strategic options.
- Speculative Trading: Cue Biopharma's stock rose 10.67% to $0.42 despite no new company news, suggesting speculative trading activity may reflect investor optimism in the biotech sector.
- Continued Growth Trend: InfuSystem and Cabaletta Bio saw stock increases of 7.19% and 7.68%, respectively, demonstrating ongoing investor interest in the medical services and biotech sectors, despite the absence of new corporate updates.
See More
BioCardia Completes Third Clinical Consultation with Japan's PMDA for CardiAMP Therapy
- Clinical Consultation Progress: BioCardia has completed its third preliminary clinical consultation with Japan's PMDA, preparing for formal discussions on the CardiAMP therapy for heart failure, which could pave the way for new treatment options in the Japanese market.
- Efficacy Data Support: Data from three clinical trials indicate that CardiAMP therapy shows positive outcomes in improving survival rates and reducing major adverse cardiovascular events, highlighting its potential value in treating heart failure patients.
- Innovative Treatment Mechanism: The CardiAMP cell therapy utilizes the patient's own bone marrow cells delivered via a minimally invasive catheter procedure to repair microvascular dysfunction, offering a new therapeutic option for ischemic heart failure patients.
- Clear Regulatory Pathway: The PMDA has indicated that BioCardia can advance to formal clinical consultation, and if the data sufficiently supports safety and efficacy, it will facilitate the company's application for regulatory approval in Japan, further driving its expansion in the Asia-Pacific market.
See More
BioCardia Elects Marvin Slosman to Board of Directors
- New Board Appointment: BioCardia announced the election of Marvin Slosman to its Board of Directors effective December 2, 2025, bringing deep expertise in interventional cardiology that is expected to drive innovation and market expansion in cardiovascular disease treatment.
- Rich Leadership Experience: Slosman, who previously served as CEO of InspireMD and held senior commercial leadership roles at Johnson & Johnson, GE Healthcare, and Baxter International, brings extensive market development and product commercialization experience that will aid BioCardia's strategic growth.
- Gratitude to Former Director: BioCardia expressed appreciation for departing board member Richard Krasno, who provided guidance during key milestones, particularly in the FDA approval of the CardiAMP cell therapy and the Morph DNA product.
- Strategic Company Development: The appointment of Slosman is expected to significantly support BioCardia's clinical value creation and global market expansion, further advancing the company's innovative solutions for treating cardiovascular and pulmonary diseases.
See More
