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Dyadic International (DYAI) investor relations material
Dyadic International Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Transitioned from R&D to a commercial biotech focus, rebranding as Dyadic Applied BioSolutions in August 2025 and launching a new website to enhance commercial and investor engagement.
Added CRISPR Cas9 gene editing via ERS Genomics license, enhancing strain optimization and productivity.
Expanded global reach through partnerships, especially in Asia-Pacific (Japan, Korea), targeting biopharma and cell therapy markets.
Achieved key milestones in life sciences, food, nutrition, and legacy collaborations, including Gates Foundation and CEPI grants.
Received first commercial bulk protein sales and purchase orders in cell culture media and molecular biology reagent segments.
Financial highlights
Q3 2025 total revenue was $1,165,000, down from $1,958,000 year-over-year; nine-month revenue was $2.52 million, down from $2.68 million year-over-year.
Net loss for Q3 2025 increased to $1,976,000 ($0.06/share) from $203,000 ($0.01/share) year-over-year; nine-month net loss widened to $5.80 million from $4.26 million.
Cash, cash equivalents, and investment-grade securities totaled $10.4 million as of September 30, 2025, up from $9.3 million at year-end 2024.
Closed a public offering in August 2025, raising $4.9 million net for working capital and product development.
Gross margin impacted by lower milestone revenue, higher cost of grant revenue, and increased R&D expenses.
Outlook and guidance
Anticipates growth in product revenue in Life Sciences and Food & Nutrition for the remainder of 2025, with commercial launches of animal-free serum albumin and enzymes expected late 2025 or early 2026.
Existing liquidity of $10.4 million expected to cover operational needs for at least the next 12 months.
Ongoing losses and negative cash flows anticipated as commercialization continues; additional capital may be sought if needed.
Focused on accelerating product sales, expanding global customer engagement, and advancing commercialization in core segments.
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