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CLDWW Stock Analysis - Calidi Biotherapeutics, Inc. AI Rating

CLDWW NYSE Biological Products, (No Diagnostic Substances) DE CIK: 0001855485
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2025-09-30
AI Rating
STRONG SELL
95% Confidence

📊 CLDWW Key Takeaways

Revenue: $45.0K
Net Margin: -35,222.2%
Free Cash Flow: $-16.2M
Current Ratio: 2.12x
Debt/Equity: 0.09x
EPS: $-6.40
AI Rating: STRONG SELL with 95% confidence

Investment Thesis

Calidi Biotherapeutics is a pre-revenue biotech company with severe cash burn and deteriorating financial fundamentals. With only $45K in revenue against $15.8M in operating losses and $16.2M in negative operating cash flow, the company is burning through capital at an unsustainable rate. Despite adequate liquidity currently, the operational trajectory is deeply concerning with no clear path to profitability.

CLDWW Strengths

  • + Current liquidity position with $10.4M in cash provides near-term runway
  • + Low debt burden with debt-to-equity ratio of 0.09x limits leverage risk
  • + Current ratio of 2.12x indicates ability to meet short-term obligations

CLDWW Risks

  • ! Massive operating losses of $15.8M on only $45K revenue indicates negligible commercialization progress
  • ! Free cash flow of -$16.2M annually will deplete $10.4M cash reserves within 6-8 months without capital raise
  • ! Negative operating margin of -35,053% and negative ROE of -229% demonstrate severe value destruction
  • ! No insider buying activity in past 90 days suggests lack of confidence from management
  • ! Pre-revenue stage company with clinical-stage risk profile typical of failed biotech programs

Key Metrics to Watch

CLDWW Financial Metrics

Revenue
$45.0K
Net Income
$-15.9M
EPS (Diluted)
$-6.40
Free Cash Flow
$-16.2M
Total Assets
$14.0M
Cash Position
$10.4M

💡 AI Analyst Insight

Strong liquidity with a 2.12x current ratio provides a solid financial cushion.

CLDWW Profitability Ratios

Gross Margin N/A
Operating Margin -35,053.3%
Net Margin -35,222.2%
ROE -229.1%
ROA -113.0%
FCF Margin -36,108.9%

CLDWW vs Healthcare Sector

How Calidi Biotherapeutics, Inc. compares to Healthcare sector averages

Net Margin
CLDWW -35,222.2%
vs
Sector Avg 12.0%
CLDWW Sector
ROE
CLDWW -229.1%
vs
Sector Avg 15.0%
CLDWW Sector
Current Ratio
CLDWW 2.1x
vs
Sector Avg 2.0x
CLDWW Sector
Debt/Equity
CLDWW 0.1x
vs
Sector Avg 0.6x
CLDWW Sector

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

CLDWW Balance Sheet & Liquidity

Current Ratio
2.12x
Quick Ratio
2.12x
Debt/Equity
0.09x
Debt/Assets
48.7%
Interest Coverage
-157.74x
Long-term Debt
$600.0K

CLDWW 5-Year Financial Trend

CLDWW 5-year financial data: Year 2023: Revenue $45.0K, Net Income -$25.4M, EPS $2.99.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Calidi Biotherapeutics, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-17.33 indicates the company is currently unprofitable.

CLDWW Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-36,108.9%
Free cash flow / Revenue

CLDWW Quarterly Performance

Quarterly financial performance data for Calidi Biotherapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2023 $45.0K -$2.0M $-0.14

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

CLDWW Capital Allocation

Operating Cash Flow
-$16.2M
Cash generated from operations
Dividends
None
No dividend program

CLDWW SEC Filings

Access official SEC EDGAR filings for Calidi Biotherapeutics, Inc. (CIK: 0001855485)

📋 Recent SEC Filings

Date Form Document Action
Mar 11, 2026 8-K form8-k.htm View →
Feb 10, 2026 8-K form8-k.htm View →
Jan 29, 2026 8-K form8-k.htm View →
Dec 16, 2025 4 xslF345X05/ownership.xml View →
Nov 13, 2025 10-Q form10-q.htm View →

Frequently Asked Questions about CLDWW

What is the AI rating for CLDWW?

Calidi Biotherapeutics, Inc. (CLDWW) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CLDWW's key strengths?

Current liquidity position with $10.4M in cash provides near-term runway. Low debt burden with debt-to-equity ratio of 0.09x limits leverage risk.

What are the risks of investing in CLDWW?

Massive operating losses of $15.8M on only $45K revenue indicates negligible commercialization progress. Free cash flow of -$16.2M annually will deplete $10.4M cash reserves within 6-8 months without capital raise.

What is CLDWW's revenue and growth?

Calidi Biotherapeutics, Inc. reported revenue of $45.0K.

Does CLDWW pay dividends?

Calidi Biotherapeutics, Inc. does not currently pay dividends.

Where can I find CLDWW SEC filings?

Official SEC filings for Calidi Biotherapeutics, Inc. (CIK: 0001855485) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CLDWW's EPS?

Calidi Biotherapeutics, Inc. has a diluted EPS of $-6.40.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI 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: Mar 22, 2026 | Data as of: 2025-09-30 | Powered by Claude AI