NASDAQ : DAIC
CID HoldCo, Inc. — Financial statements
Technology · Information Technology Services · United States
Last price 1.19 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 119.00
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Financial statements
CID HoldCo, Inc. (DAIC) reported revenue of 3.87M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Revenue | 3.87M | 3.87M | 3.23M | 3.24M |
| Cost of Revenue | 3.46M | 3.46M | 3.07M | 2.36M |
| Gross Profit | 414.71K | 414.71K | 165.14K | 881.15K |
| Selling, General & Admin | 4.36M | 4.36M | 4.54M | 4.00M |
| Research & Development | 830.53K | 830.53K | 1.62M | 1.30M |
| Operating Expenses | 5.19M | 5.19M | 6.16M | 5.30M |
| Operating Income | -4.77M | -4.77M | -6.00M | -4.42M |
| Interest Expense | -80.43K | -199.82K | ||
| Other Non Operating Income (Expenses) | -30.00K | -30.00K | 462.84K | 47.22K |
| EBT Excluding Unusual Items | -4.80M | -4.80M | -5.61M | -4.57M |
| Impairment of Goodwill | -9.64M | -9.64M | -2.78M | |
| Pretax Income | -14.44M | -14.44M | -8.39M | -4.57M |
| Net Income | -14.44M | -14.44M | -8.39M | -4.57M |
| Net Income to Common | -14.44M | -14.44M | -8.39M | -4.57M |
| Free Cash Flow | -4.05M | -4.05M | -3.05M | -1.99M |
| Gross Margin | 10.71% | 10.71% | 5.11% | 27.23% |
| Operating Margin | -123.29% | -123.29% | -185.54% | -136.46% |
| Profit Margin | -373.08% | -373.08% | -259.71% | -141.18% |
| Free Cash Flow Margin | -104.51% | -104.51% | -94.30% | -61.62% |
| EBITDA | -4.04M | -4.04M | -4.85M | -3.46M |
| EBITDA Margin | -104.36% | -104.36% | -150.17% | -107.03% |
| D&A For EBITDA | 732.60K | 732.60K | 1.14M | 952.61K |
| EBIT | -4.77M | -4.77M | -6.00M | -4.42M |
| EBIT Margin | -123.29% | -123.29% | -185.54% | -136.46% |
| Advertising Expenses | 28.27K | 28.27K | 5.68K | 13.44K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Cash & Equivalents | 291.76K | 291.76K | 240.68K | 14.02K |
| Cash & Short-Term Investments | 291.76K | 291.76K | 240.68K | 14.02K |
| Receivables | 459.51K | 459.51K | 347.14K | 337.28K |
| Prepaid Expenses | 28.79K | 28.79K | 176.03K | 7.54K |
| Total Current Assets | 780.06K | 780.06K | 763.85K | 358.83K |
| Property, Plant & Equipment | 2.00M | 2.00M | 2.35M | 1.89M |
| Goodwill | 17.70M | 17.70M | 27.34M | |
| Other Intangible Assets | 1.54M | 1.54M | 1.92M | |
| Other Long-Term Assets | 56.90K | 56.90K | 56.90K | 128.20K |
| Total Assets | 22.07M | 22.07M | 32.42M | 2.38M |
| Accounts Payable | 550.51K | 550.51K | 175.51K | 1.55M |
| Accrued Expenses | 146.77K | 146.77K | 468.94K | 589.56K |
| Short-Term Debt | 293.37K | |||
| Current Portion of Long-Term Debt | 1.78M | |||
| Current Portion of Leases | 1.06M | 1.06M | 1.09M | 1.03M |
| Current Unearned Revenue | 316.13K | 316.13K | 250.14K | 480.49K |
| Other Current Liabilities | 8.20M | 8.20M | 3.73M | |
| Total Current Liabilities | 10.27M | 10.27M | 5.71M | 5.73M |
| Long-Term Debt | 2.36M | |||
| Long-Term Leases | 772.52K | 772.52K | 1.25M | 799.15K |
| Total Liabilities | 11.04M | 11.04M | 6.95M | 8.89M |
| Common Stock | 6.48K | |||
| Additional Paid-In Capital | 31.64M | 31.64M | 31.64M | 58.78K |
| Retained Earnings | -20.61M | -20.61M | -6.17M | -18.99M |
| Total Common Equity | 11.03M | 11.03M | 25.47M | -18.93M |
| Shareholders' Equity | 11.03M | 11.03M | 25.47M | -6.52M |
| Total Liabilities & Equity | 22.07M | 22.07M | 32.42M | 2.38M |
| Total Debt | 1.83M | 1.83M | 2.33M | 6.27M |
| Net Cash (Debt) | -1.54M | -1.54M | -2.09M | -6.26M |
| Working Capital | -9.49M | -9.49M | -4.95M | -5.38M |
| Tangible Book Value | -8.21M | -8.21M | -3.79M | -18.93M |
| Machinery | 974.86K | 974.86K | 827.04K | 826.10K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Net Income | -14.44M | -14.44M | -8.39M | -4.57M |
| Depreciation & Amortization | 1.69M | 1.69M | 1.64M | 1.04M |
| Other Amortization | 58.28K | 58.28K | 41.20K | |
| Asset Writedown & Restructuring Costs | 9.64M | 9.64M | 2.78M | |
| Provision & Write-off of Bad Debts | 36.02K | 36.02K | 750.00 | |
| Change in Accounts Receivable | -148.39K | -148.39K | -10.61K | 87.76K |
| Change in Accounts Payable | 375.00K | 375.00K | 1.76M | 929.68K |
| Change in Unearned Revenue | 65.99K | 65.99K | -230.35K | 42.12K |
| Change in Other Net Operating Assets | -1.17M | -1.17M | -636.51K | 510.68K |
| Operating Cash Flow | -3.90M | -3.90M | -3.05M | -1.96M |
| Capital Expenditures | -147.82K | -147.82K | -942.00 | -38.22K |
| Sale (Purchase) of Intangibles | -136.14K | -136.14K | ||
| Investing Cash Flow | -283.95K | -283.95K | -942.00 | -38.22K |
| Short-Term Debt Issued | 4.72K | 49.41K | ||
| Long-Term Debt Issued | 348.85K | 2.83M | ||
| Total Debt Issued | 353.57K | 2.87M | ||
| Short-Term Debt Repaid | -20.32K | -130.01K | ||
| Long-Term Debt Repaid | -237.60K | -237.60K | -785.83K | -947.20K |
| Total Debt Repaid | -237.60K | -237.60K | -806.14K | -1.08M |
| Net Debt Issued (Repaid) | -237.60K | -237.60K | -452.58K | 1.80M |
| Issuance of Common Stock | 2.00K | |||
| Other Financing Activities | 4.47M | 4.47M | 3.73M | |
| Financing Cash Flow | 4.23M | 4.23M | 3.27M | 1.80M |
| Net Cash Flow | 51.08K | 51.08K | 226.67K | -195.13K |
| Free Cash Flow | -4.05M | -4.05M | -3.05M | -1.99M |
| Free Cash Flow Margin | -104.51% | -104.51% | -94.30% | -61.62% |
| Levered Free Cash Flow | 3.10M | 3.10M | -291.82K | |
| Unlevered Free Cash Flow | 3.10M | 3.10M | -241.55K | |
| Cash Interest Paid | 56.72K | 28.52K | ||
| Change in Working Capital | -875.51K | -875.51K | 879.96K | 1.57M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Debt / Equity Ratio | 0.17 | 0.17 | 0.09 | -0.96 |
| Net Debt / Equity Ratio | 0.14 | 0.14 | 0.08 | -0.96 |
| Net Debt / EBITDA Ratio | -0.38 | -0.38 | -0.43 | -1.81 |
| Net Debt / FCF Ratio | -0.38 | -0.38 | -0.69 | -3.14 |
| Asset Turnover | 0.14 | 0.14 | 0.19 | |
| Quick Ratio | 0.07 | 0.07 | 0.10 | 0.06 |
| Current Ratio | 0.08 | 0.08 | 0.13 | 0.06 |
| Return on Equity (ROE) | -79.14% | -79.14% | -88.56% | |
| Return on Assets (ROA) | -10.95% | -10.95% | -21.53% | |
| Return on Capital Employed (ROCE) | -40.40% | -40.40% | -22.40% | 131.60% |