Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES, Sept. 19, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (NASDAQ: CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of Cathryn Rivera as Chief Operating Officer ("COO"), effective as of September 16, 2024. The Company began expanding the management team earlier this year with the appointment of CEO Susan Kennedy. As COO, Rivera is expected t ...

Chairman and CEO Susan Kennedy to Host Call on September 19 at 11:00am ET Kennedy to Present and Host 1x1 Meetings at the Noble Capital Markets Basic Industries Virtual Equity Conference on September 25 & 26 LOS ANGELES, Sept. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") a California water solutions company, announced today that its September Corporate Update Investor Call will be held on Thursday, September 19, 2024 at 11:00am ET. Susan Kennedy, Chairman and CEO of ...

Achieves important milestone following execution of fifth water supply delivery agreement in 2024 LOS ANGELES, Aug. 15, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") announced today that it has secured water purchase agreements for 85% of capacity of the Company's "Northern Pipeline." The announcement follows execution of the fifth agreement this year for water supply from the Company's Water Conservation, Supply, and Storage Project (the "Project"), bringing the cumulat ...

水资源和基础设施 - 公司拥有2.5百万英亩英尺的水资源（许可证齐全），220英里现有埋地管道，1百万英亩英尺的地下水储存容量，以及灵活、可扩展且成本效益高的水过滤技术[144] - 公司拥有一条220英里的30英寸钢制管道（Northern Pipeline），其水输送能力为25,000英亩英尺每年，以及一条43英里的水输送管道（Southern Pipeline），其输送能力范围从75,000英亩英尺每年到150,000英亩英尺每年，取决于管道直径（54英寸到84英寸）[148] 水生产和供应 - 公司已完成环境审查，预计在Cadiz Valley（Cadiz Property或Cadiz Ranch）管理下的地下水层将平均每年生产50,000英亩英尺的水，持续50年，用于南加州社区的有益使用[146] - 公司在2024年第一和第二季度与多个公共水系统签订了协议，购买16,275英亩英尺每年的水供应，通过Northern Pipeline交付，这些协议累计占Northern Pipeline满负荷容量（25,000英亩英尺每年）的65%[151] - 公司预计在2024年第二季度执行的意向书中，为San Bernardino County的社区保留了高达100,000英亩英尺的过剩水，作为Mojave-San Bernardino County One Water Project的一部分[153] 财务表现 - 公司在2024年第二季度的收入为513,000美元，主要来自ATEC销售163,000美元，760英亩商业苜蓿作物收获销售200,000美元，以及农业租赁收入150,000美元[159] - 公司在2024年第二季度的总成本和费用为7,462,000美元，导致运营亏损6,949,000美元[160] - 公司在2024年第二季度的净利息费用为1,921,000美元，相比2023年同期的1,128,000美元有所增加[173] - 公司在2024年上半年的净亏损为15,700,000美元，相比2023年同期的17,800,000美元有所减少[175] - 2024年上半年，公司股票和期权奖励的补偿成本为240万美元，相比2023年同期的50万美元有所增加[179] - 2024年上半年，公司净利息费用为390万美元，相比2023年同期的250万美元有所增加[180] - 2024年上半年，公司因衍生负债产生的损失为0美元，而2023年同期为22万美元[184] - 2024年上半年，公司因早期债务清偿产生的损失为0美元，而2023年同期为530万美元[185] 融资和资本活动 - 公司在2024年完成了对ATEC Water Systems, Inc.资产的收购，ATEC提供创新的水过滤解决方案，用于处理受损或受污染的地下水源[149] - 2024年上半年，公司通过直接发行股票筹集了4030万美元的 gross proceeds 和3850万美元的 net proceeds[187] - 2024年上半年，公司现金用于经营活动为990万美元，与2023年同期持平[196] - 2024年上半年，公司现金用于投资活动为50万美元，而2023年同期为320万美元[197] - 2024年上半年，公司通过融资活动提供的现金为1600万美元，相比2023年同期的2000万美元有所减少[198] - 2024年3月，公司完成第三修订信贷协议，筹集了约1900万美元的净收益，足以满足短期营运资金需求[199] - 公司预计未来需要额外资本来满足营运资金需求和资本支出，可能通过股权或债务融资等方式筹集[200]

CEO Susan Kennedy Also Comments on State Report Predicting Climate Change Will Reduce SWP Supplies by as much as 23% over 20 years LOS ANGELES, Aug. 8, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the release of a new video focused on the hydrogeology of the watershed surrounding the Company's Cadiz Ranch in California's eastern Mojave Desert. The Cadiz Aerial Tour video utilizes new photography, underground imagery ...

Honorable David Sickey, Former Tribal Chairman of Coushatta Tribe of Louisiana and Senior Consultant with U.S. Department of Energy, will Assist with Energy and Water Infrastructure Financing  LOS ANGELES, July 26, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of David Sickey, the former distinguished Chairman of the Coushatta Tribe, as Senior Advisor for Energy and Water Projects, effective immediate ...

Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communities LOS ANGELES, July 18, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") secured three additional sales contracts for iron and manganese filtration systems totaling an expected $1.5 million in sales reven ...

LOS ANGELES, June 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a s ...

SMWD, Cadiz sign agreement for 5,000 AFY of water via Northern Pipeline with price cap of $1,650 AFY LOS ANGELES, June 20, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that the Company signed a definitive agreement with Santa Margarita Water District ("SMWD") to deliver water from the Cadiz Water Supply and Storage Project in the Mojave Desert through the Company's Northern Pipeline. SMWD's board of directors appro ...

75,000 acre-feet of water supply will support sustainable growth and groundwater recharge in the Mojave River Basin.LOS ANGELES and HESPERIA, Calif., June 10, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), announced that on June 5th the Company signed a Letter of Intent ("LOI") to provide 75,000 acre-feet of water supply to the City of Hesperia as part of the Company's commitment to the "One Water" Initiative in San Bernardino County's Mojave River Basin.Cadiz' participa ...