YDES
YDES
YD Bio Limited Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $0 | $389.19K ▲ | $-2.21M ▲ | 0% | $-0.65 ▲ | $-2.22M ▲ |
| Q1-2025 | $0 | $353.82K ▼ | $-3.37M ▼ | 0% | $-0.98 ▼ | $-3.37M ▼ |
| Q4-2024 | $0 | $381.29K ▲ | $417.79K ▼ | 0% | $0.1 ▼ | $417.79K ▼ |
| Q3-2024 | $0 | $260.08K ▼ | $2.19M ▼ | 0% | $0.54 ▼ | $2.18M ▼ |
| Q2-2024 | $0 | $537.41K | $17.1M | 0% | $4.05 | $17.11M |
What's going well?
The company's net loss is smaller than last quarter, and operating expenses are being kept in check. No new share dilution is occurring.
What's concerning?
There is still no revenue at all, and large non-operating losses are eating up cash. The business has no sign of turning things around soon.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $6.31K ▲ | $2.95M ▼ | $19M ▲ | $-16.05M ▼ |
| Q1-2025 | $403 ▼ | $3.52M ▼ | $16.76M ▲ | $-13.25M ▼ |
| Q4-2024 | $3.13M ▲ | $6.86M ▼ | $273.98K ▼ | $6.59M ▲ |
| Q3-2024 | $0 ▼ | $10.77M ▲ | $13.64M ▼ | $-2.87M ▲ |
| Q2-2024 | $39.97K | $10.69M | $15.75M | $-5.06M |
What's financially strong about this company?
There is no debt, so the company isn’t burdened by loan payments. Assets are all tangible, with no risky goodwill.
What are the financial risks or weaknesses?
The company has almost no cash, huge negative equity, and cannot cover its short-term bills. Losses are mounting and working capital is deeply negative.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-2.21M ▲ | $-298.19K ▲ | $557.48K ▼ | $-253.38K ▲ | $5.91K ▲ | $-298.19K ▲ |
| Q1-2025 | $-3.37M ▼ | $-490.41K ▼ | $7.28M ▲ | $-6.89M ▼ | $-101.27K ▼ | $-490.41K ▼ |
| Q4-2024 | $417.79K ▼ | $-365.65K ▼ | $168.39K ▲ | $298.94K ▲ | $101.67K ▲ | $-365.65K ▼ |
| Q3-2024 | $2.19M ▼ | $-21.57K ▲ | $-62.56K ▼ | $44.16K ▲ | $-39.97K ▼ | $-21.57K ▲ |
| Q2-2024 | $17.1M | $-592.52K | $3.06M | $-2.43M | $35.48K | $-592.52K |
What's strong about this company's cash flow?
Cash burn is shrinking quarter over quarter, and the company is returning cash to shareholders through buybacks. Non-cash losses make up most of the accounting loss, so actual cash outflow is less than it appears.
What are the cash flow concerns?
The company is still losing real cash, with only $6,312 left in the bank and no sign of turning cash flow positive. It relies on borrowing to survive, and buybacks are not sustainable at this burn rate.
5-Year Trend Analysis
A comprehensive look at YD Bio Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
YDES combines early revenue traction with a substantial cash cushion and low debt, giving it some near-term flexibility to pursue its plans. Strategically, it has assembled a diversified set of assets: liquid biopsy diagnostics, FDA-cleared ophthalmology products, stem cell and exosome platforms, and a prospective late-stage cancer immunotherapy. Its intellectual property footprint and ecosystem ambition—linking diagnostics, AI analytics, and therapeutics—offer multiple potential avenues for value creation.
The company’s financial profile is fragile: profitability is extremely volatile, the latest year showed very deep losses, and cash burn is increasing as R&D and capital investment ramp up. Operations are far from self-funding, leaving YDES dependent on continued access to equity markets. Clinical, regulatory, and integration risks around acquisitions are all high, and the new intangible-heavy balance sheet increases reliance on future success to justify current asset values. Competition from larger, better-capitalized players adds further pressure.
YDES appears to be in a deliberate, high-investment build-out phase, shifting from a small base of products and services toward a broader, integrated biotech platform. In the near term, results are likely to remain loss-making and volatile as trials, regulatory work, and integration of new assets progress. Over the longer term, the company’s trajectory will largely hinge on the quality of its clinical data, its ability to win regulatory approvals and reimbursement, and its capacity to scale commercialization before financial resources become constrained. Uncertainty is high, which is typical for early-stage biotech pursuing ambitious multi-platform strategies.
About YD Bio Limited Ordinary Shares
https://www.ydesgroup.comBreeze Holdings Acquisition Corp. operates as a clinical-stage biopharmaceutical company focuses on cancer prevention medical diagnostics and the development of exosome-based therapeutics with the potential to transform the treatment of a diseases with unmet medical need. The company is based in Taipei, Taiwan.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $0 | $389.19K ▲ | $-2.21M ▲ | 0% | $-0.65 ▲ | $-2.22M ▲ |
| Q1-2025 | $0 | $353.82K ▼ | $-3.37M ▼ | 0% | $-0.98 ▼ | $-3.37M ▼ |
| Q4-2024 | $0 | $381.29K ▲ | $417.79K ▼ | 0% | $0.1 ▼ | $417.79K ▼ |
| Q3-2024 | $0 | $260.08K ▼ | $2.19M ▼ | 0% | $0.54 ▼ | $2.18M ▼ |
| Q2-2024 | $0 | $537.41K | $17.1M | 0% | $4.05 | $17.11M |
What's going well?
The company's net loss is smaller than last quarter, and operating expenses are being kept in check. No new share dilution is occurring.
What's concerning?
There is still no revenue at all, and large non-operating losses are eating up cash. The business has no sign of turning things around soon.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $6.31K ▲ | $2.95M ▼ | $19M ▲ | $-16.05M ▼ |
| Q1-2025 | $403 ▼ | $3.52M ▼ | $16.76M ▲ | $-13.25M ▼ |
| Q4-2024 | $3.13M ▲ | $6.86M ▼ | $273.98K ▼ | $6.59M ▲ |
| Q3-2024 | $0 ▼ | $10.77M ▲ | $13.64M ▼ | $-2.87M ▲ |
| Q2-2024 | $39.97K | $10.69M | $15.75M | $-5.06M |
What's financially strong about this company?
There is no debt, so the company isn’t burdened by loan payments. Assets are all tangible, with no risky goodwill.
What are the financial risks or weaknesses?
The company has almost no cash, huge negative equity, and cannot cover its short-term bills. Losses are mounting and working capital is deeply negative.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-2.21M ▲ | $-298.19K ▲ | $557.48K ▼ | $-253.38K ▲ | $5.91K ▲ | $-298.19K ▲ |
| Q1-2025 | $-3.37M ▼ | $-490.41K ▼ | $7.28M ▲ | $-6.89M ▼ | $-101.27K ▼ | $-490.41K ▼ |
| Q4-2024 | $417.79K ▼ | $-365.65K ▼ | $168.39K ▲ | $298.94K ▲ | $101.67K ▲ | $-365.65K ▼ |
| Q3-2024 | $2.19M ▼ | $-21.57K ▲ | $-62.56K ▼ | $44.16K ▲ | $-39.97K ▼ | $-21.57K ▲ |
| Q2-2024 | $17.1M | $-592.52K | $3.06M | $-2.43M | $35.48K | $-592.52K |
What's strong about this company's cash flow?
Cash burn is shrinking quarter over quarter, and the company is returning cash to shareholders through buybacks. Non-cash losses make up most of the accounting loss, so actual cash outflow is less than it appears.
What are the cash flow concerns?
The company is still losing real cash, with only $6,312 left in the bank and no sign of turning cash flow positive. It relies on borrowing to survive, and buybacks are not sustainable at this burn rate.
5-Year Trend Analysis
A comprehensive look at YD Bio Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.
YDES combines early revenue traction with a substantial cash cushion and low debt, giving it some near-term flexibility to pursue its plans. Strategically, it has assembled a diversified set of assets: liquid biopsy diagnostics, FDA-cleared ophthalmology products, stem cell and exosome platforms, and a prospective late-stage cancer immunotherapy. Its intellectual property footprint and ecosystem ambition—linking diagnostics, AI analytics, and therapeutics—offer multiple potential avenues for value creation.
The company’s financial profile is fragile: profitability is extremely volatile, the latest year showed very deep losses, and cash burn is increasing as R&D and capital investment ramp up. Operations are far from self-funding, leaving YDES dependent on continued access to equity markets. Clinical, regulatory, and integration risks around acquisitions are all high, and the new intangible-heavy balance sheet increases reliance on future success to justify current asset values. Competition from larger, better-capitalized players adds further pressure.
YDES appears to be in a deliberate, high-investment build-out phase, shifting from a small base of products and services toward a broader, integrated biotech platform. In the near term, results are likely to remain loss-making and volatile as trials, regulatory work, and integration of new assets progress. Over the longer term, the company’s trajectory will largely hinge on the quality of its clinical data, its ability to win regulatory approvals and reimbursement, and its capacity to scale commercialization before financial resources become constrained. Uncertainty is high, which is typical for early-stage biotech pursuing ambitious multi-platform strategies.

CEO
Ethan Shen
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+

