Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended March 31, 2025 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number 0-14602 CYANOTECH CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1206026 (State or other jurisdiction ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For Quarterly Period Ended December 31, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number 0-14602 CYANOTECH CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1206026 (State or other jurisdi ...

Core Insights - The global spirulina beverages market is projected to reach USD 61 million by 2030, with a compound annual growth rate (CAGR) of 14.5% from 2025 to 2030, driven by a shift towards healthier, nutritious, and vegan food options [2][8] Market Overview - The consumption of spirulina has significantly increased, creating new opportunities for spirulina-derived beverages as consumers prefer healthy options over carbonated drinks [3] - Spirulina is recognized for its high protein content and beneficial properties, including hypolipidemic, antioxidant, and anti-inflammatory effects [3] Regional Insights - North America accounted for over 33.3% of the spirulina beverages market in 2024, attributed to high consumption of algae-based protein and a growing vegan population [4][10] - The trend towards plant-based protein sources is gaining traction as consumers seek healthier lifestyles [4] Distribution Channels - Hypermarkets and supermarkets represented the largest segment of the market with a share of over 60.9% in 2024, due to high visibility and the ability for consumers to physically verify products [5] - The online retail segment is expected to experience the highest CAGR during the forecast period, driven by increased internet and smartphone adoption [5] Market Dynamics - The report highlights the increasing popularity of vegan trends globally, as consumers seek eco-friendly food products that meet their nutritional needs [5] - The industry is still in its nascent stage, with few companies currently offering products, but there is potential for growth as existing companies in spirulina powder and extracts enter the beverage market [10] Financial Projections - The estimated market value for spirulina beverages in 2024 is USD 27.3 million, with a forecasted value of USD 61 million by 2030 [8]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For Quarterly Period Ended September 30, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number 0-14602 CYANOTECH CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1206026 (State or other jurisd ...

CYAN (CYAN, Financial), a company listed on the U.S. OTC market, experienced a significant stock price increase of 6.58%. The stock is currently trading at $0.81 per share with a trading volume of 6,855 shares and a turnover rate of 0.10%. The stock's price volatility today was 2.26%. Recent financial reports for CYAN show that the company achieved a revenue of $5.90 million. However, it reported a net loss of $1.20 million, translating to an earnings per share (EPS) of -$0.17. The gross profit stood at $1. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For Quarterly Period Ended June 30, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number 0-14602 CYANOTECH CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1206026 (State or other jurisdictio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended March 31, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number 0-14602 CYANOTECH CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1206026 (State or other jurisdiction ...

Cyanotech Corporation (NASDAQ:CYAN) Q3 2024 Results Conference Call February 9, 2024 8:00 PM ET Company Participants Matt Custer - President and CEO Felicia Ladin - CFO Matt Custer Aloha from Kona, Hawaii. Thank you all for joining us today. I'm Matt Custer, President and Chief Executive Officer of Cyanotech. Joining me on the call today is Felicia Ladin, our Chief Financial Officer. I will turn the call over to Felicia to provide our forward-looking statement. Felicia Ladin Thanks, Matt. Our discussion tod ...

KAILUA KONA, Hawaii--(BUSINESS WIRE)--Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health dietary supplement products, announced financial results for the third quarter and first nine months of fiscal year 2024, ended December 31, 2023. Commenting on the third quarter fiscal year 2024 results, Cyanotech’s President and Chief Executive Officer, Matthew K. Custer, said: “ The macroeconomic environment led to lower sales across the portfoli ...

Table of Contents FORM 10-Q CYANOTECH CORPORATION Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File Number 0-14602 Securities registered pursuant to Secti ...