CADIZ INC files 10-K

Cadiz Inc. reported a net loss of $34.2 million for the year ended December 31, 2025, an increase from a net loss of $31.1 million in the prior year, driven by increased development costs for its water projects and higher administrative expenses, partially offset by strong revenue growth in its water filtration segment. The company is actively pursuing financing for its Mojave Groundwater Bank project, including a $51 million unsecured loan facility from Lytton Rancheria of California and is in discussions with private equity investors.