Filing Flows › CID Holdco (DAIC) › Q1 2026
CID Holdco (DAIC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
CID Holdco (DAIC) reported revenue of $12K for the first quarter 2026 (Q1 2026), -97% from a year earlier and -100% from the quarter before.
CID Holdco, Q1 2026: revenue $12K (-96% year over year), net loss $4.5M, operating cash flow $94K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12K | -100% | -97% |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | $94K | — | — |
What changed
Revenue was $12K in Q1 2026, down 97% year over year and down 100% from the previous quarter.
Gross margin was 78.2%, down 17.0 points from a year earlier. Operating costs exceeded revenue by $4.1M, an operating margin of -33557.1%. Operating expenses grew 98% against a revenue fall of 97%. The fastest-growing cost line was General & admin (+291%). The quarter ended with a net loss of $4.5M, wider than the previous quarter's $2.4M loss.
Operating cash flow was $94K. Non-cash charges added back $167K of depreciation and amortization and $2K of share-based compensation. Working capital and other items added $4.4M.
Questions
What was CID Holdco's revenue in the first quarter 2026?
CID Holdco (DAIC) reported revenue of $12K for the first quarter 2026 (Q1 2026), -97% from a year earlier and -100% from the quarter before.
Source: CID Holdco 10-Q on SEC EDGAR.