CID HoldCo (DAIC) Q4 2025 earnings summary

Executive summary

• Transitioned from development to commercial operations in 2025, generating $5.8 million in annual revenue, up from $0.2 million in 2024, driven by commercial adoption and Nasdaq listing.

• Record Q4 2025 revenue of $4.5 million, validating commercial momentum and successful customer deployments across multiple industries.

• Built a robust executive team and expanded operational capacity, including manufacturing and software development.

Financial highlights

• Full year 2025 revenue reached $5.8 million, up from $0.2 million in the prior year.

• Q4 2025 revenue was $4.5 million, compared to zero in the same quarter last year.

• Gross profit for Q4 2025 was $2 million, with a gross margin of 43.7%.

• Q4 2025 adjusted EBITDA loss was $2.2 million, compared to a $1.9 million loss year-over-year.

• Net loss for Q4 2025 was $2.4 million ($0.08 per share), improved from $2.7 million ($0.22 per share) year-over-year.

• Operating expenses in Q4 2025 totaled $4.2 million, up from $2.4 million in the prior year, mainly due to public company compliance costs.

• Approximately $27 million in non-recurring expenses related to IPO and de-SPAC process in 2025.

• Full year 2025 net loss per share was ($1.78), unchanged from 2024.

Outlook and guidance

• 2026 bookings guidance of $12 million–$15 million and revenue guidance of $6 million–$7.5 million, with results expected to be back-end weighted.

• Strategic shift toward recurring subscription revenue and long-term margin expansion.

• Expectation to book three to five year subscription contracts with strong customer retention.

• Priorities for 2026 include converting pipeline into revenue, expanding customer base, and scaling partner ecosystem.