Full Year 2025 Revenue of $2.0 Million, up 17% from 2024

Gross Profit Increased 68% in FY 2025 and Gross Margin Expanded 900 bps

State-Funded Firefighter Cancer Screening Program Expected to Drive Significant Revenue Growth in Q2 and Full Year 2026

Recent Nasdaq Listing Under Ticker Symbol "AIDX" and New Growth Initiatives Position 20/20 BioLabs for 2026 Expansion

GAITHERSBURG, Md., March 31, 2026 (GLOBE NEWSWIRE) -- 20/20 BioLabs, Inc. (Nasdaq: AIDX) ("20/20" or the "Company"), an early market entrant in AI powered laboratory-based blood tests for the early detection and prevention of cancers and chronic diseases, today reported its financial and operational results for the full year ended December 31, 2025.

Fourth Quarter & Subsequent 2026 Operational Highlights

   -- Revenue of $2.0 million for FY 2025, representing an increase of 17% over 
      FY 2024. 
 
   -- Deferred revenue totaled approximately $0.4 million as of December 31, 
      2025. 
 
   -- Gross profit of $0.6 million for FY 2025, representing an increase of 68% 
      over FY 2024. Gross margin was 29.6% in FY 2025, compared to 20.6% in FY 
      2024. 
 
   -- Total operating expenses decreased 35% to $3.9 million in FY 2025 
      compared to $6.0 million in FY 2024. 
 
   -- FY 2025 net loss improved 33% to ($3.7) million, compared to ($5.6) 
      million in FY 2024. 
 
   -- Net cash used in operating activities decreased to $1.9 million for FY 
      2025, compared to $2.6 million in FY 2024. 
 
   -- Cash balance was $1.0 million as of December 31, 2025. 
 
   -- Completed a $5.0 million private placement on February 19, 2026 under a 
      preferred purchase agreement pursuant to which up to $40 million in 
      capital may be raised in multiple tranches, subject to 20/20 Biolabs 
      meeting certain conditions. 
 
   -- $520,000 in funding from the Maryland Department of Health $(MDH)$ for 
      cancer screenings using OneTest $(TM)$ Multi-Cancer Early Detection (MCED) 
      blood test awarded to 18 Maryland fire departments. 
 
   -- Entered into an exclusive U.S. license agreement with ROKIT Healthcare to 
      integrate advanced CKD prediction technology into its Longevity Test 
      Program. 
 
   -- Launched OneTest(TM) for Longevity blood test and chronic disease risk 
      assessment and management solution built with IBM(1) AI capabilities. 
 
   -- Provided an update on its patented protein tumor marker (PTM) based, 
      machine learning (ML) derived multi-cancer early detection (MCED) 
      methodology in the wake of several recent studies suggesting the expected 
      value of this approach for earlier stage detection compared to 
      stand-alone circulating tumor DNA (ctDNA) based MCEDs. 
 
   -- The Medicare Multi-Cancer Early Detection Screening Act was signed into 
      law on February 3, 2026, creating a pathway for Medicare reimbursement 
      for MCEDs by 2028 
 
   -- Commenced trading on the Nasdaq Capital Market under the ticker symbol 
      "AIDX" on February 19, 2026. 

(1)IBM is acting as an information technology provider only. IBM does not purport to be engaged in the practice of medicine or any other professional clinical or licensed activity. IBM's offerings are not designed or intended to constitute protocols for delivering medical care; a substitute for professional medical advice, diagnosis, treatment or judgment; a drug, drug-adjunct technology, or drug development tool subject to quality system requirements; or medical device as defined under the laws of any jurisdiction.

Management Commentary

"The fourth quarter and full year 2025 delivered strong revenue growth, expanded gross margins, and lowered costs as we continued to build on our innovative product portfolio with the launch of OneTest(TM) for Longevity," said Jonathan Cohen, Chief Executive Officer of 20/20 BioLabs. "Revenue was $2.0 million in the full year 2025, up 17% year over year, further validating our strategy to provide early detection that saves lives in the fast-growing Multi-Cancer Early Detection (MCED) market. Gross margin expanded 900 basis points to 29.6% in 2025, and operating expenses decreased 35% to $3.9 million, providing a line of sight toward profitability. We also reduced net cash used in operating activities to $1.9 million, reflecting the operating discipline we believe will be important as we scale the business. Combined with our recent listing on the Nasdaq and PIPE financing, we believe we are well positioned for substantial growth going forward."

"Growth has been fueled primarily by our OneTest(TM) MCED blood test, which has been demonstrated to identify many cancer types at earlier stages than competing ctDNA based MCEDs in a large and growing market focused on earlier cancer detection. Most recently, 18 Maryland fire departments have been notified that they will collectively be awarded over $520,000 from the Maryland Department of Health to procure and administer OneTest(TM) MCED blood tests, representing an increase of approximately 225% in the number of OneTest MCEDs funded through the same program last year. We believe this state-funded screening initiative highlights the growing public sector support for our OneTest(TM) innovative cancer detection tools."

"In February we launched the OneTest(TM) for Longevity solution to help individuals track chronic inflammation associated with several major chronic diseases in collaboration with DAISource. The product uses IBM watsonx.ai - an integrated AI application development studio - to calculate and display an individual's risk of being diagnosed with chronic diseases such as diabetes, dementia, and cardiovascular disease. The product also provides personalized, evidence-based dietary recommendations to help individuals lower their biomarker levels and associated disease risks."

"Previously, we announced a license agreement with ROKIT to integrate their proprietary chronic kidney disease prediction algorithms into our Longevity platform. We are now in discussions with ROKIT Healthcare of Korea about making this test available in East Asia."

"Looking ahead, we believe 2026 will be a breakout year for 20/20, driven by strong demand for our products in markets that include firefighting, veterans, occupational health and self-insured employers. As of December 31, 2025, deferred revenue totaled approximately $0.5 million, which we believe provides additional visibility to our revenue stream as we fulfill our obligations. With the OneTest(TM) for Longevity now available for purchase, we are also expanding sales efforts to new customer targets including a robust direct-to-consumer opportunity."

"Following recent legislation establishing a pathway for Medicare coverage of MCEDs beginning in 2028, we plan to seek Medicare coverage for OneTest(TM) for Cancer, which we believe could further accelerate demand over time. We believe our improved gross margin profile, lower operating cost base, and recent access to capital have positioned the Company for growth while maintaining a focus on efficiency, a path to sustainable profitability, and long-term value for our shareholders," concluded Cohen.

Full Year 2025 Financial Results

Total revenue for the year ended December 31, 2025 was $2.0 million, an increase of 17% compared to $1.8 million in the prior year period. The increase was due to increases in 20/20's OneTest and CLIAx revenue streams.

Total cost of revenue for the year ended December 31, 2025 was $1.4 million, compared to $1.4 million in the prior year.

Gross profit for the year ended December 31, 2025 was $0.6 million, compared to $0.4 million in the prior year period. Gross margin was 29.6% in the full year 2025, compared to 20.6% in the prior year period, primarily due to a change in revenue mix, including increased profits from our higher margin BioCheck and CLIAX revenue streams.

Total operating expenses for the year ended December 31, 2025 were $3.9 million, compared to $6.0 million in the prior year period, primarily reflecting lower digital marketing spend and reduced research and development expenses following the completion of two key studies in 2024.

Net loss for the year ended December 31, 2025 improved by 33% to $3.7 million, compared to $5.6 million in the prior year period.

Net cash used in operating activities for the year ended December 31, 2025 was $1.9 million, compared to $2.6 million for the year ended December 31, 2024.

Cash totaled $1.0 million as of December 31, 2025, compared to $1.8 million as of December 31, 2024. Subsequent to December 31, 2025, on February 19, 2026, the Company completed a $5.0 million closing under a preferred purchase agreement that could provide up to $40 million in capital in multiple tranches, subject to 20/20 Biolabs meeting certain conditions.

About 20/20 BioLabs

20/20 BioLabs, Inc. (Nasdaq: AIDX) develops and commercializes AI-powered, laboratory-based blood tests for the early detection and prevention of cancers and chronic diseases. The Company offers two families of lab tests under the OneTest brand. OneTest(TM) for Cancer is a multi-cancer early detection (MCED) blood test, and OneTest for Longevity(TM), which measures inflammatory biomarkers, expected to launch in the first half of 2026. OneTest's affordable, accurate, accessible tests can be conveniently utilized at home using new, upper arm capillary collection devices that avoid painful needles. Tests are run in its College of American Pathologists (CAP) accredited, Clinical Laboratory Improvement Amendments $(CLIA)$ licensed laboratory in Gaithersburg, MD.

For more information visit https://2020biolabs.com.

Forward-Looking Statements

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