CID HoldCo (DAIC) Q3 2025 earnings summary

Executive summary

• First quarterly earnings call as a public company after June 2025 debut, with leadership strengthened by new Director of Channels and fractional finance executive.

• Achieved Q3 2025 revenue of $778,482, marking initial order fulfillment and production ramp at the Puerto Rico facility.

• Focus on AI-driven asset management and logistics, leveraging proprietary IoT and machine learning.

• Expanded leadership team and partner ecosystem to support growth and operational scale.

Significant events and developments

• Opened 32,000 sq ft manufacturing facility in Puerto Rico for in-house production and shipped initial hardware platform orders.

• Added two new board directors with public company experience.

• Secured first international distribution partner in Australia.

• Launched Dart Matrix 3.0 SaaS platform and achieved SOC 2 Type 1 cybersecurity certification.

• Completed development of Dot Matrix 3.0 SaaS architecture with multi-tenant capabilities under test.

Financial highlights

• Q3 2025 revenue was $778,482, up from $81,636 in Q3 2024, primarily from hardware shipments.

• Gross profit was $290,196, up from $73,639 year-over-year; gross margin declined to 37.3% from 90.2% due to revenue mix.

• SaaS and services revenue totaled $21,000; hardware revenue recognized at shipment.

• Net loss was $4,216,555, or $0.15 per share, on 27,645,033 shares.

• Ended quarter with $1,418,834 in cash and over $900,000 in short-term receivables.