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Cid Holdco Inc (DAIC) Releases Q1 2026 Earnings: Revenues Plunge, Net Loss Widens

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Cid Holdco Inc ($DAIC) reported first-quarter 2026 results with revenues of $12.2k (down 96.5% year over year) and a gross profit of $9.5k (down 97.2% year over year).

  • Total cost of goods sold was $2.7k (down 84.4% YoY).
  • Diluted earnings per share were -$0.15 (improved 42.6% YoY).
  • On profitability, the company recorded an operating loss of -$4.1 million (up 136.1% YoY) and a net loss attributable to common shareholders of -$4.5 million (up 247.6% YoY).

    Cash flow and balance sheet highlights:

  • Cash from operating activities: $93.8k (down 105.0% YoY).
  • Purchases of property, plant and equipment: -$186.7k (up 248.3% YoY).
  • Cash and cash equivalents at period end: $865.6k (down 86.7% YoY).
  • Total liabilities: $10.5 million (up 16.0% YoY).
  • Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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    Cid Holdco Inc Hedge Fund Activity

    We have seen 13 institutional investors add shares of Cid Holdco Inc stock to their portfolio, and 9 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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