Arcadia Biosciences, Inc. is a U.S.-based company that provides plant-derived health and well-being products. Additionally, it is actively engaged in agricultural research and development, with a particular focus on improving wheat crops. The aim of these innovations is to enhance farmers' economic stability by boosting crop performance in the field, increasing their value for food and wellness applications, and expanding their potential for industrial uses. Established in 2002, the company's main office is located in Davis, California.
Arcadia Biosciences (RKDA) Announces Second Quarter and First Half 2026 Financial Results and Business Highlights
Arcadia Biosciences reported Q2 revenue of $1.44 million, roughly flat year-over-year, but highlighted a dramatic reduction in cash burn to just $319,000.
The company closed a $4 million private placement in June, ending the quarter with $4.2 million in cash to fund growth.
Management stated Zola has reached an inflection point with July sales topping $740,000 and exceeding $1 million in the first week of August.