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Anixa Biosciences Inc (ANIX) Fundamental Analysis & AI Grade 2026

ANIX Nasdaq Pharmaceutical Preparations DE CIK: 0000715446
Recently Updated • Analysis: Jun 11, 2026 • SEC Data: 2026-04-30
📅 Next earnings: Jun 10, 2026 • TBD ET • All earnings →
Combined AI Grade
D
88% Confidence
STRONG AGREEMENT
D
88% Conf
D
89% Conf

📊 ANIX Key Takeaways

Revenue: $210.0K
Net Margin: -2,419.5%
Free Cash Flow: $-4.4M
Current Ratio: 9.79x
Debt/Equity: 0.03x
EPS: $-0.15
AI Grade: D with 88% confidence
Anixa Biosciences Inc (ANIX) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $210.0K, net profit margin of -2,419.5%, and return on equity (ROE) of -35.1%, Anixa Biosciences Inc demonstrates mixed fundamentals in the Healthcare sector. Below is our complete ANIX stock analysis for 2026.

Is Anixa Biosciences Inc (ANIX) a Good Investment?

Claude

Anixa is a pre-revenue biotech company with critical financial distress: $210K revenue, -$5.4M operating losses, and only $1.5M cash against -$4.4M annual cash burn, implying <4 months runway. While balance sheet leverage is minimal and liquidity ratios are strong, the company faces imminent capital raise or insolvency without dramatic near-term revenue inflection that fundamentals do not suggest.

ChatGPT

Anixa Biosciences shows very weak fundamentals, with minimal revenue, deeply negative operating and net margins, and continued cash burn that is far larger than its commercial base. While the balance sheet is currently lightly levered and liquid on paper, the low cash balance relative to negative free cash flow suggests limited runway and a high dependence on external funding unless operating losses narrow materially.

Anixa Biosciences Inc Key Strengths (ANIX)

Claude
  • + Excellent liquidity position with 9.79x current ratio provides near-term operational flexibility
  • + Minimal debt burden (0.03x debt-to-equity) reduces financial risk from leverage
  • + Improving loss trajectory: net loss and EPS both improved YoY, indicating cost control efforts
ChatGPT
  • + Very low leverage with debt/equity of 0.02x
  • + Strong near-term liquidity ratios, with current and quick ratios both at 12.18x
  • + Slight year-over-year improvement in net income and diluted EPS

ANIX Stock Risks: Anixa Biosciences Inc Investment Risks

Claude
  • ! Critical cash runway: $1.5M cash with $4.4M annual burn implies <4 months solvency at current rate
  • ! Minimal revenue generation: $210K annual revenue with zero path to near-term profitability
  • ! Unsustainable operating losses: -$5.4M operating loss on trivial revenue requires immediate dilutive capital raise or restructuring
  • ! Negative cash flow from operations indicates fundamental business model is not generating value
ChatGPT
  • ! Revenue base is extremely small and showed no year-over-year growth
  • ! Operating margin and free cash flow margin are deeply negative, indicating poor business economics
  • ! Cash of $1.55M is low relative to negative operating cash flow of $2.61M, increasing financing risk

Key Metrics to Watch

Claude
  • * Cash position and burn rate trajectory (survival metric)
  • * Revenue growth rate and new contract announcements
  • * Operating loss reduction and path to cash flow breakeven
ChatGPT
  • * Quarterly operating cash burn versus cash balance
  • * Revenue growth and operating loss trend

Anixa Biosciences Inc (ANIX) Financial Metrics & Key Ratios

Revenue
$210.0K
Net Income
$-5.1M
EPS (Diluted)
$-0.15
Free Cash Flow
$-4.4M
Total Assets
$14.9M
Cash Position
$1.5M

💡 AI Analyst Insight

Strong liquidity with a 9.79x current ratio provides a solid financial cushion.

ANIX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -2,553.8%
Net Margin -2,419.5%
ROE -35.1%
ROA -34.2%
FCF Margin -2,079.4%

ANIX vs Healthcare Sector: How Anixa Biosciences Inc Compares

How Anixa Biosciences Inc compares to Healthcare sector averages

Net Margin
ANIX -2,419.5%
vs
Sector Avg 12.0%
ANIX Sector
ROE
ANIX -35.1%
vs
Sector Avg 15.0%
ANIX Sector
Current Ratio
ANIX 9.8x
vs
Sector Avg 2.0x
ANIX Sector
Debt/Equity
ANIX 0.0x
vs
Sector Avg 0.6x
ANIX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Anixa Biosciences Inc Stock Overvalued? ANIX Valuation Analysis 2026

Based on fundamental analysis, Anixa Biosciences Inc has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-35.1%
Sector avg: 15%
Net Profit Margin
-2,419.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.03x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Anixa Biosciences Inc Balance Sheet: ANIX Debt, Cash & Liquidity

Current Ratio
9.79x
Quick Ratio
9.79x
Debt/Equity
0.03x
Debt/Assets
11.0%
Interest Coverage
-163.97x
Long-term Debt
$370.2K

ANIX Revenue & Earnings Growth: 5-Year Financial Trend

ANIX 5-year financial data: Year 2020: Revenue $250.0K, Net Income -$11.6M, EPS N/A. Year 2022: Revenue $512.5K, Net Income -$10.0M, EPS N/A. Year 2023: Revenue $210.0K, Net Income -$13.6M, EPS $0.45. Year 2024: Revenue $210.0K, Net Income -$9.8M, EPS $-0.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Anixa Biosciences Inc's revenue has declined by 16% over the 5-year period, indicating business contraction. The most recent EPS of $-0.39 indicates the company is currently unprofitable.

ANIX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2,079.4%
Free cash flow / Revenue

ANIX Quarterly Earnings & Performance

Quarterly financial performance data for Anixa Biosciences Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2024 $210.0K -$2.5M $-0.08
Q2 2024 $210.0K -$2.3M $-0.07
Q3 2023 $210.0K -$2.5M $-0.08
Q2 2023 $210.0K -$2.3M N/A
Q3 2022 $513.0K -$2.7M N/A
Q2 2022 $513.0K -$2.4M N/A
Q1 2022 $513.0K -$2.2M N/A
Q3 2021 $512.5K -$2.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Anixa Biosciences Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$4.4M
Cash generated from operations
Stock Buybacks
$6.0K
Shares repurchased (TTM)
Capital Expenditures
$15.8K
Investment in assets
Dividends
None
No dividend program

ANIX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Anixa Biosciences Inc (CIK: 0000715446)

📋 Recent SEC Filings

Date Form Document Action
Jun 10, 2026 10-Q form10-q.htm View →
Mar 11, 2026 8-K form8-k.htm View →
Mar 9, 2026 10-Q form10-q.htm View →
Feb 9, 2026 8-K form8-k.htm View →
Jan 29, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about ANIX

What is the AI rating for ANIX?

Anixa Biosciences Inc (ANIX) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ANIX's key strengths?

Claude: Excellent liquidity position with 9.79x current ratio provides near-term operational flexibility. Minimal debt burden (0.03x debt-to-equity) reduces financial risk from leverage. ChatGPT: Very low leverage with debt/equity of 0.02x. Strong near-term liquidity ratios, with current and quick ratios both at 12.18x.

What are the risks of investing in ANIX?

Claude: Critical cash runway: $1.5M cash with $4.4M annual burn implies <4 months solvency at current rate. Minimal revenue generation: $210K annual revenue with zero path to near-term profitability. ChatGPT: Revenue base is extremely small and showed no year-over-year growth. Operating margin and free cash flow margin are deeply negative, indicating poor business economics.

What is ANIX's revenue and growth?

Anixa Biosciences Inc reported revenue of $210.0K.

Does ANIX pay dividends?

Anixa Biosciences Inc does not currently pay dividends.

Where can I find ANIX SEC filings?

Official SEC filings for Anixa Biosciences Inc (CIK: 0000715446) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ANIX's EPS?

Anixa Biosciences Inc has a diluted EPS of $-0.15.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is ANIX's fundamental grade?

Based on our AI fundamental analysis in June 2026, Anixa Biosciences Inc has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is ANIX stock overvalued or undervalued?

Valuation metrics for ANIX: ROE of -35.1% (sector avg: 15%), net margin of -2,419.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is ANIX's AI grade for 2026?

Our dual AI analysis gives Anixa Biosciences Inc a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ANIX's free cash flow?

Anixa Biosciences Inc's operating cash flow is $-4.4M, with capital expenditures of $15.8K. FCF margin is -2,079.4%.

How does ANIX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -2,419.5% (avg: 12%), ROE -35.1% (avg: 15%), current ratio 9.79 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 11, 2026 | Data as of: 2026-04-30 | Powered by Claude AI