20/20 GeneSystems, Inc. operates as a clinical laboratory testing company focused on cancer screening and viral testing services. The company provides multi-cancer ...
20/20 BioLabs, Inc. (Nasdaq: AIDX) is a U.S. healthcare diagnostics company headquartered in Gaithersburg, Maryland. Founded in 2000 by Jonathan Cohen, the company focuses on translating AI models and real-world clinical data into actionable laboratory blood tests, with an emphasis on earlier detection of cancers and improved screening pathways. From ...20/20 BioLabs, Inc. (Nasdaq: AIDX) is a U.S. healthcare diagnostics company headquartered in Gaithersburg, Maryland. Founded in 2000 by Jonathan Cohen, the company focuses on translating AI models and real-world clinical data into actionable laboratory blood tests, with an emphasis on earlier detection of cancers and improved screening pathways.
From a business perspective, 20/20 BioLabs operates at the intersection of clinical laboratory services and diagnostic technology development. It provides clinical laboratory testing through its lab operations, while also monetizing its diagnostic IP and algorithms through technology-enabled delivery models. A key element of its positioning is CLIAx (Clinical Lab Innovation Axcelerator), which functions as a shared laboratory facility designed to help diagnostic test developers bring new products to the U.S. market. This approach can reduce time-to-validation and enable outside developers to leverage existing lab infrastructure.
Product and service offerings include multi-cancer early detection blood testing (notably referenced as OneTest), as well as viral testing services (including rapid COVID-19 test kits such as the Assure COVID-19 IgG/IgM rapid test, as described in the company overview). In addition, the company delivers its cancer screening algorithm technology through a software-as-a-service (SaaS) platform, working with healthcare providers to integrate the diagnostic decision-support workflow into clinical settings.
Cost and operational considerations in such a model typically center on (1) maintaining regulated laboratory capabilities, (2) developing and validating AI/algorithm performance with sufficient clinical evidence, and (3) scaling commercialization via partnerships with healthcare providers and diagnostic collaborators. While specific unit economics and BOM-style disclosures are not provided in the source material, the company’s platform strategy (shared lab + algorithm delivery) suggests an emphasis on leveraging shared lab resources to support multiple tests and reduce duplication of lab infrastructure.
Financially, the provided snapshot metrics indicate profitability challenges (e.g., negative margins and negative return measures in the TTM snapshot), which is common for early commercialization and R&D-to-revenue transitions in diagnostics. Key people information available here highlights Jonathan Cohen as President & CEO and founder, indicating strong founder-led strategic direction.
Looking forward, the company’s stated direction (based on its described products and platform) implies continued expansion of AI-powered screening test adoption, growth in clinical laboratory service utilization, and deeper ecosystem partnerships through CLIAx and the SaaS delivery model.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$2.0M
+16.7%
+106.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-3.7M
+32.7%
+30.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+29.6%
+43.8%
+134.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-162.9%
+49.6%
+58.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-182.8%
+42.3%
+66.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-1.9B
-73770.0%
+53.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-93867.7%
-63194.5%
+77.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
-6678949.3%
-6770923.6%
-46.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.60x
-60.2%
+9.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.