Strong Revenue Growth
In the first quarter of 2025, Niagen Bioscience achieved $30.5 million in revenue, marking a 38% year-over-year increase, with significant contributions from e-commerce and Niagen ingredient business.
Increased Net Income
The company reported a net income of $5.1 million, a substantial improvement from a net loss of $0.5 million in the first quarter of 2024.
Significant Cash Generation
Niagen Bioscience generated $7.9 million in cash from operations and ended the quarter with $55.6 million in cash and no debt.
Expansion of Niagen Plus
Niagen Plus, an intravenous and injection Niagen product, is now available at almost 600 clinics nationwide, with plans to expand to 1,000 clinics by the end of the year.
Patent Portfolio Expansion
A new composition of matter patent was granted, expanding protection for all salt forms of nicotinamide riboside.