BMRA on Nasdaq

BIOMERICA INC

BIOMERICA INC is an American in vitro and in vivo diagnostic substances company.1 It is headquartered in Irvine, California.1 Its shares trade on Nasdaq under the symbol BMRA.1

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Last updated Oct 21, 2026.

Overview

$4.5MRevenue, fiscal 20262
-$3.8MNet income, fiscal 20262

Compare with Insight Molecular Diagnostics Inc., Anbio Biotechnology or Aspira Women's Health Inc., or pick any stock.

  • TickerBMRA on Nasdaq1
  • IndustryIn Vitro & In Vivo Diagnostic Substances1
  • HeadquartersIrvine, California1
  • Incorporated inDE3
  • Business address17571 Von Karman Avenue, Irvine, Ca 926143
  • Filer categoryNon-accelerated filer, Smaller reporting company3

GmbH in Europe, which supports sales, distribution and other commercial activities in international markets.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

8.1%Gross margin2
-119.5%Operating margin2
-84.8%Net margin2
-16.2%Revenue growth, 20262
-143.5%Return on equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Clinical Lab brought in 61% of the revenue BIOMERICA INC broke down this way in fiscal 2026.

  1. Clinical Lab$2.7M261%down 14% from 2025
  2. Contract Manufacturing$891.0K220%down 17% from 2025
  3. Over-The-Counter$821.0K218%down 22% from 2025
  4. Physician?s office$9.0K20%down 18% from 2025
Products and services by year
Products and services20252026
Clinical Lab$3.2M$2.7M
Contract Manufacturing$1.1M$891.0K
Over-The-Counter$1.0M$821.0K
Physician?s office$11.0K$9.0K

Regions

North America brought in 33% of the revenue BIOMERICA INC broke down this way in fiscal 2026.

  1. North America$1.5M233%down 12% from 2025
  2. Asia$1.4M232%down 18% from 2025
  3. Europe$1.1M225%down 14% from 2025
  4. Middle East$446.0K210%down 29% from 2025
  5. South America$15.0K20%up 88% from 2025
Regions by year
Regions20252026
North America$1.7M$1.5M
Asia$1.7M$1.4M
Europe$1.3M$1.1M
Middle East$630.0K$446.0K
South America$8.0K$15.0K

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue42¢$4.1M
  • Research and development8¢$788.0K
  • Selling, general and admin50¢$4.9M
  • Income tax0¢$23.0K

Out of $4.5M in revenue.2 The company lost money this year.

Financial statements

Revenue56789102$4.5M in 2026−14% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $5.2M$5.2M20192020: $6.7M$6.7M2020+29%2021: $7.2M$7.2M2021+8%2022: $18.9M$18.9M2022+162%2023: $5.3M$5.3M2023−72%2024: $5.4M$5.4M2024+1%2025: $5.3M$5.3M2025−2%2026: $4.5M$4.5M2026−16%
Gross profit56789102$362.0K in 2026−72% since 2019
0$1.0M$2.0M$3.0M2019: $1.3M$1.3M20192020: $1.7M$1.7M2020+35%2021: $366.3K$366.3K2021−79%2022: $3.0M$3.0M2022+713%2023: $446.0K$446.0K2023−85%2024: $611.0K$611.0K2024+37%2025: $498.0K$498.0K2025−18%2026: $362.0K$362.0K2026−27%
Operating income56789102-$5.3M in 2026+120% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$2.4M-$2.4M20192020: -$2.7M-$2.7M2020+14%2021: -$7.5M-$7.5M2021+174%2022: -$4.5M-$4.5M2022−40%2023: -$7.2M-$7.2M2023+59%2024: -$6.4M-$6.4M2024−12%2025: -$5.1M-$5.1M2025−19%2026: -$5.3M-$5.3M2026+4%
Net income56789102-$3.8M in 2026+58% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$2.4M-$2.4M20192020: -$2.7M-$2.7M2020+12%2021: -$7.4M-$7.4M2021+178%2022: -$4.5M-$4.5M2022−39%2023: -$7.1M-$7.1M2023+58%2024: -$6.0M-$6.0M2024−16%2025: -$5.0M-$5.0M2025−17%2026: -$3.8M-$3.8M2026−24%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2026-05-312025-05-31
Net sales$4.5M$5.3M
Cost of sales-$4.1M-$4.8M
Gross profit$362.0K$498.0K
Selling, general and administrative$4.9M$4.6M
Research and development$788.0K$1.0M
Total operating expenses$5.7M$5.6M
Loss from operations-$5.3M-$5.1M
Dividend, interest, and other income$1.2M$165.0K
Unrealized holding gain on equity investment$335.0K
Total other income$1.6M$165.0K
Loss before income taxes-$3.8M-$5.0M
Provision for income taxes-$23.0K-$1.0K
Net loss-$3.8M-$5.0M
Basic net loss per common share-$1.30-$2.16
Diluted net loss per common share-$1.30-$2.16
Basic2.9M shares2.3M shares
Diluted2.9M shares2.3M shares
Foreign currency translation adjustment-$3.0K-$3.0K
Comprehensive loss-$3.8M-$5.0M

Compare BIOMERICA INC with another company

Corporate structure

BIOMERICA INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BIOMERICA INC

  • BIOMERICA INC Irvine, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BIOMERICA INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$1.5M2 May 31, 2026$1.5M2 May 31, 2025+2.9%
Property and equipment, net$78.0K2 May 31, 2026$135.0K2 May 31, 2025−42.2%
Operating-lease assets (leased space)$1.9M2 May 31, 2026$429.0K2 May 31, 2025+336.6%

Real estate and locations

ItemLatestA year beforeChange
Area of land22,000 sq ft2 May 31, 202622,000 sq ft10 May 31, 20250%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.3M2 May 31, 2026$2.4M2 May 31, 2025−45.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$209.0K2 May 31, 2026$228.0K2 May 31, 2025−8.3%
Accumulated amortization$69.0K10 May 31, 2025$48.0K10 May 31, 2024+43.8%
Finite-lived intangibles, net$209.0K2 May 31, 2026$228.0K10 May 31, 2025−8.3%
Patents, net$298.0K2 May 31, 2026$297.0K2 May 31, 2025+0.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.7M2 May 31, 2026$1.5M2 May 31, 2025+14.6%
Work in process$868.0K2 May 31, 2026$743.0K2 May 31, 2025+16.8%
Finished goods$179.0K2 May 31, 2026$147.0K2 May 31, 2025+21.8%

Properties, in its own words

On May 31, 2026, we had approximately 22,000 square feet of floor space at our corporate headquarters in Irvine, California, which we have been leasing since 2009. The initial lease term extended through August 31, 2026 and included an additional five-year extension option.

In May 2026, we exercised the additional five-year extension option and entered into a lease extension agreement with the landlord, extending the lease for an additional five-year term from September 1, 2026 through August 31, 2031. The monthly base rent under the extended lease is approximately $28,400. The security deposit is approximately $22,000.

The rest of Item 2

In November 2016, our Mexican subsidiary, Biomerica de Mexico, entered into a 10-year lease for approximately 8,100 square feet of manufacturing space located in Mexicali, Mexico. We have one 10-year option to renew at the end of the initial lease period. As of May 31, 2026, management determined that exercise of the renewal option was reasonably certain, and we intend to continue to occupy the facility following expiration of the initial lease term. As of the date of this Annual Report, documentation formalizing the renewal had not yet been executed with the landlord. The current rent is approximately $4,300 per month. Biomerica de Mexico also leases a smaller unit on a month-to-month basis for use in one manufacturing process. In addition, we lease a small office in Lindau, Germany on a month-to-month basis, which serves as the headquarters of BioEurope GmbH, our German subsidiary.

We believe our space is adequate for our current needs.

Item 2 of the 10-K filed Aug 31, 2026.4

Leadership

Who has led BIOMERICA INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (16)

Timeline

  1. Oct 15, 20268-K Executive or director change33
  2. Aug 26, 20268-K Entered a material agreement; Unregistered sale of shares34
  3. Jun 4, 20268-K Entered a material agreement; New debt or obligation35
  4. Dec 16, 20258-K Shareholder vote36
  5. Oct 8, 20258-K Executive or director change; Regulation FD disclosure37
  6. Jun 6, 20258-K Executive or director change; Regulation FD disclosure38
  7. Apr 16, 20258-K Change to shareholders' rights; Bylaws or fiscal year changed; Regulation FD disclosure39
  8. Dec 17, 20248-K Shareholder vote40
  9. Nov 6, 20248-K Listing notice or transfer41
  10. Jun 28, 20248-K Executive or director change42
  11. May 10, 20248-K Entered a material agreement; Listing notice or transfer43
  12. Dec 11, 20238-K Shareholder vote44
  13. Jun 4, 2007New chief executive Zacharys Irani becomes CEO14

Calendar

When it reported results

  1. Dec 16, 2021Reported quarterly or annual results45

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

143 filings to the SEC since October 2021: 8 annual reports, 16 quarterly reports, 30 major events, 57 insider forms, 10 large holders, 22 other. The latest 20:

  1. Oct 15, 202610-Q EDGAR
  2. Oct 15, 20268-K EDGAR
  3. Oct 7, 2026EFFECT EDGAR
  4. Oct 7, 2026EFFECT EDGAR
  5. Sep 28, 202610-K/A EDGAR
  6. Sep 24, 2026S-3 EDGAR
  7. Sep 24, 2026S-3 EDGAR
  8. Sep 10, 20263 EDGAR
  9. Sep 8, 20263 EDGAR
  10. Aug 31, 202610-K EDGAR
  11. Aug 28, 2026SCHEDULE 13D EDGAR
  12. Aug 27, 20264 EDGAR
  13. Aug 27, 20264 EDGAR
  14. Aug 27, 20264 EDGAR
  15. Aug 27, 20264 EDGAR
  16. Aug 27, 20264 EDGAR
  17. Aug 26, 20268-K EDGAR
  18. Jun 4, 20268-K EDGAR
  19. Apr 13, 202610-Q EDGAR
  20. Feb 27, 2026S-8 EDGAR

The 143 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 18 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 26, 2026MOATAZEDI DAVIDDirectorBuy10,000$1.60$16.0KForm 4
Aug 26, 2026Chin EricDirectorBuy6,250$1.60$10.0KForm 4
Aug 26, 2026BARBIERI ALLENExecutive Vice ChairmanBuy20,000$1.60$32.0KForm 4
Aug 26, 2026Irani Zackary S.Chief Executive OfficerBuy31,250$1.60$50.0KForm 4
Aug 20, 2026Gary M. HuffDirectorBuy31,250$1.60$50.0KForm 4
May 25, 2023Irani Zackary S.Chief Executive OfficerBuy200$1.55$310Form 4
May 24, 2023Irani Zackary S.Chief Executive OfficerBuy500$1.61$805Form 4
May 12, 2023Irani Zackary S.Chief Executive OfficerBuy1,700$1.17$2.0KForm 4
May 10, 2023Irani Zackary S.Chief Executive OfficerBuy500$1.27$635Form 4
May 9, 2023Irani Zackary S.Chief Executive OfficerBuy300$1.39$417Form 4
May 4, 2023Irani Zackary S.Chief Executive OfficerBuy1,000$1.36$1.4KForm 4
Apr 28, 2023Irani Zackary S.Chief Executive OfficerBuy1,800$1.34$2.4KForm 4
Apr 27, 2023Irani Zackary S.Chief Executive OfficerBuy2,600$1.31$3.4KForm 4
Apr 26, 2023Irani Zackary S.Chief Executive OfficerBuy7,000$1.26$8.8KForm 4
Jan 27, 2023BARBIERI ALLENExecutive Vice ChairmanBuy1,538$2.94$4.5KForm 4
Jan 26, 2023Coste CatherineDirectorBuy2,190$2.96$6.5KForm 4
Jan 25, 2023Irani Zackary S.Chief Executive OfficerBuy1,800$2.85$5.1KForm 4
Jan 24, 2023Irani Zackary S.Chief Executive OfficerBuy2,000$2.81$5.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Gary Lu,45$260.0K$311.8K52
2025Zackary Irani,59$122.6K$201.0K52
2025Allen Barbieri,67$93.4K$127.9K52
2024Chief Financial Officer$260.0K$385.6K52
2024Chairman & Chief Executive Officer$150.0K$360.1K52
2024DirectorExecutive Vice Chairman & Secretary$124.6K$244.0K52

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Geode Capital Management, LLC24,347$42.9K0.0%−31,695
BlackRock, Inc.18,636$32.8K0.0%No change
Vanguard Capital Management LLC14,514$25.5K0.0%No change
Jane Street Group, LLC12,640$22.2K0.0%New
LPL Financial LLC10,849$19.1K0.0%No change
UBS Group AG6,951$12.2K0.0%+6,432
Vanguard Fiduciary Trust Co6,613$11.6K0.0%No change
NewEdge Advisors, LLC3,603$6.3K0.0%No change
Tower Research Capital LLC (TRC)238$4190.0%New
Hollencrest Capital Management200$3520.0%−625
Harbour Investments, Inc.125$2200.0%No change
Fmr LLC83$1460.0%New
Hrt Financial LP26,374$460.0%New
IFG Advisory, LLC25$440.0%New
Larson Financial Group LLC12$210.0%New
Barclays PLC6$110.0%New
MCF Advisors LLC6$110.0%No change
Federation des caisses Desjardins du Quebec3$50.0%New
Caitong International Asset Management Co., Ltd2$40.0%New
Danske Bank A/s1$20.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How BIOMERICA INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBIOMERICA INC1
  • CIK0000073290
  • Employer ID (EIN)95-26455734
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsMay 311
  • Industry code (SIC)2835 In Vitro & In Vivo Diagnostic Substances1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address17571 Von Karman Avenue, Irvine, CA 926141
  • Phone94937928751
  • Shares outstanding4,598,968 as of Oct 15, 202613
  • Public float$6.6M as of Nov 28, 20254
  • AuditorHASKELL & WHITE LLP, Irvine, California PCAOB ID 200; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceSep 28, 19951
  • Filings604 in all: 4 (208), 8-K (77), 10-Q (55), 10QSB (39), DEF 14A (30), 10-K (18), SC 13G (13), 10KSB (12)1
    All 44 form types

    4/A (12), NT 10-Q (12), SC 13G/A (12), 3 (11), S-8 (10), CORRESP (8), NT 10-K (8), UPLOAD (8), 424B5 (7), S-3 (6), SC 13D (6), 10QSB/A (5), EFFECT (5), PRE 14A (5), 10KSB/A (4), 5 (4), 10-K/A (3), DEFR14A (3), 10-Q/A (2), 8-K/A (2), PRER14A (2), REGDEX (2), S-3/A (2), 10KSB40 (1), 424B3 (1), 5/A (1), 8-A12B (1), CERTNAS (1), D (1), DEFA14A (1), RW (1), S-4 (1), SB-2 (1), SC 13D/A (1), SCHEDULE 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Aug 31, 2026
    Quarterly report (10-Q) Oct 15, 2026
    Proxy statement (DEF 14A) Oct 20, 2025
    Latest 8-K (8-K) Oct 15, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.08BMRANasdaq

From the cover page of the 10-K filed Aug 31, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks BIOMERICA INC names in Item 1A of its 10-K filed Aug 31, 2026: 33 risks under these headings, as written.4

  • RISKS RELATED TO OUR BUSINESS
  • We have a history of operating losses and negative cash flows from operations.
  • Our operating results may fluctuate adversely as a result of many factors that are outside our control, which could adversely affect our business and the market price of our common stock.
  • Fluctuations in our operating results, for any reason, could cause increased operating losses as a result of significant fixed expenses.
  • Our revenues have declined, and there is no assurance that we will reverse this trend.
  • To remain competitive, we must continue to develop, obtain, and protect our proprietary technologies and intellectual property rights; otherwise, we may lose market share or need to reduce prices as a result of competitors selling technologically superior products that compete with our products or selling products at lower prices.
  • To remain competitive, we must expend considerable resources to research new technologies and products and develop new markets, and there is no assurance our efforts to develop new technologies, products, or markets will be successful or such technologies, products, or markets will be commercially viable.
  • We maintain a manufacturing plant in Mexico which presents risks to us including risks associated with doing business outside the United States.
  • We use hazardous materials in our research and production that may result in unexpected and substantial claims against us relating to handling, storage, or disposal.
  • We rely on a limited number of key distributors that account for a substantial majority of our total revenue. The loss of any key distributor or an unsuccessful effort by us to directly distribute our products could lead to reduced sales.
  • We face risks relating to our international sales, including inherent economic, political, and regulatory risks, which could impact our financial performance, cause interruptions in our current business operations and impede our growth strategy.
  • Tariffs and trade dynamics may affect order timing.
The other 22 risks
  • Our results of operations and financial conditions may be adversely affected by the financial soundness of our customers, distributors, and suppliers.
  • We extend credit to customers outside the United States which can be difficult to collect.
  • If we are not able to manage our growth strategy our operating results may be adversely affected.
  • The industry and market segments in which we operate are highly competitive, and intense competition with other providers of diagnostic products may reduce our sales and margins.
  • Advances in artificial intelligence and competing diagnostic technologies could reduce demand for our products.
  • Intellectual property risks and third-party claims of infringement, misappropriation of proprietary rights, or other claims against us could adversely affect our ability to market our products, require us to redesign our products or attempt to seek licenses from third parties, result in significant costs, and materially adversely affect our operating results.
  • We need to continue to raise additional funds to finance our future capital or operating needs, which could have adverse consequences on our operations and the interests of our stockholders.
  • Our business and products are highly regulated by various governmental agencies. Our results of operations would be negatively affected by failures or delays in the receipt of regulatory approvals or clearances, the loss of previously received approvals, or other changes to the existing laws and regulations that adversely impact our ability to manufacture and market our products.
  • Changes in government policy could adversely affect our business and potential profitability.
  • We are subject to numerous government regulations in addition to FDA regulations, and compliance with laws, including changed or new laws, could increase our costs and adversely affect our operations. There is also the risk that our facilities could fail to get the proper licensing at our next inspection or renewal.
  • Our total revenue could be affected by third-party reimbursement policies and potential cost constraints.
  • Unexpected increases in, or inability to meet, demand for our products could require us to spend considerable resources to meet the demand or harm our reputation and customer relationships if we are unable to meet demand.
  • If one or more of our products is claimed to be defective or does not meet the performance criteria we claim in our marketing materials, we could be subject to product recalls, claims of liability, harm to patients or users of our products, or harm to our reputation that could adversely affect our business.
  • We are exposed to business risks which, if not covered by insurance, could have an adverse effect on our results of operations. We face potential product liability exposure, and, if claims brought against us are successful, we could incur substantial liabilities.
  • Clinical trials involve a lengthy and expensive process with an uncertain outcome, and results of studies and trials may not be predictive of future trial results.
  • We may rely on third parties to conduct or be part of our clinical trials. If these third parties do not successfully carry out their contractual duties or meet expected deadlines, we may not be able to seek or obtain regulatory approval for or commercialize our product candidates.
  • Failures in our information technology and storage systems or data security breaches could significantly disrupt our business or force us to expend excessive costs.
  • Our business could be negatively affected by the loss of or the inability to hire key personnel.
  • Sales of our common stock in the public market could lower the market price for our common stock and adversely impact the trading price of our securities.
  • The price of our stock may fluctuate unpredictably in response to factors unrelated to our operating performance.
  • Nasdaq’s recently adopted minimum Market Value of Listed Securities requirement of $5 million could result in the suspension and delisting of our common stock from Nasdaq.
  • Our ability to use our net operating loss carry forwards in the future may be subject to limitation.

Legal proceedings

From time to time, we are involved in legal proceedings, claims, and litigation arising in the ordinary course of business, which may impact our financial results.

As of May 31, 2026, there were no pending legal proceedings. However, the outcome of any future legal matters, claims, or litigation could potentially have a material adverse effect on our quarterly or annual operating results or cash flows when resolved in subsequent periods. Nonetheless, based on current information, management believes these matters will not have a material adverse effect on our consolidated financial position, results of operations, or cash flows.

The opening of Item 3, Legal Proceedings.4

Sources

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