Revenue: As of FY2026 Q1, the actual value is USD 12.21 K.EPS: As of FY2026 Q1, the actual value is USD -0.15.EBIT: As of FY2026 Q1, the actual value is USD -3.733 M.CID HoldCo, Inc. operates as a single reportable segment, generating revenue primarily from the sale of hardware and related software solutions, including ongoing software and subscription services, as well as exclusivity arrangements with resellers.<h4>Segment Revenue</h4><ul><li>Total Revenue: $12,214 for the three months ended March 31, 2026, a decrease of -96.5% from $352,498 for the same period in 2025.</li><li>Services Revenue: $12,214 for the three months ended March 31, 2026, compared to $352,498 for the same period in 2025.</li><li>Products Revenue: $0 for both periods.</li><li>For the three months ended March 31, 2026, revenue was solely from subscription service revenue. In 2025, revenue was primarily from $250,000 related to product specifications, $98,161 for amortization of a customer exclusivity agreement, and subscription service revenue.</li></ul><h4>Operational Metrics</h4><ul><li>Net Loss: -$4,465,168 for the three months ended March 31, 2026, compared to -$1,284,558 for the same period in 2025.</li><li>Gross Profit: $9,548 for the three months ended March 31, 2026, a decrease of -97.2% from $335,420 for the same period in 2025.</li><li>Gross Margin %: 78.2% for the three months ended March 31, 2026, down from 95.2% for the same period in 2025, primarily due to changes in the mix of services provided.</li><li>Loss from Operations: -$4,098,659 for the three months ended March 31, 2026, compared to -$1,736,261 for the same period in 2025.</li><li>Operating Expenses:<ul><li>General and administrative: $2,416,712 for the three months ended March 31, 2026, an increase of 291.2% from $617,731 in 2025, primarily due to $1,277,526 in public company operating costs and $443,686 in higher labor costs.</li><li>Research and development: $611,305 for the three months ended March 31, 2026, an increase of 55.2% from $393,864 in 2025, driven by $339,292 higher labor expenses and $73,929 R&amp;D cloud costs, partially offset by decreased $205,446 R&amp;D compliance and testing expenses.</li><li>Sales and marketing: $913,145 for the three months ended March 31, 2026, an increase of 33.7% from $682,749 in 2025, reflecting increased spending of $164,196 on brand-related marketing activities and $72,915 on customer relationship management and marketing software tools.</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities: $93,806 for the three months ended March 31, 2026, compared to net cash used in operating activities of -$1,721,469 for the same period in 2025.</li><li>Net cash used in investing activities: $0 for the three months ended March 31, 2026, compared to -$278,413 for the same period in 2025, which was for capitalized software development costs.</li><li>Net cash used in financing activities: -$105,702 for the three months ended March 31, 2026, compared to net cash provided by financing activities of $1,623,752 for the same period in 2025.</li><li>Cash, end of period: $853,728 as of March 31, 2026, compared to $865,624 at the beginning of the period.</li></ul><h4>Unique Metrics</h4><ul><li>Working Capital Deficit: -$5,828,944 as of March 31, 2026, compared to -$1,730,095 as of December 31, 2025.</li><li>Accumulated Deficit: -$65,916,502 as of March 31, 2026, compared to -$61,451,334 as of December 31, 2025.</li><li>Capitalized Software Development Costs, net: $2,774,682 as of March 31, 2026, compared to $2,920,718 as of December 31, 2025. Amortization expense for capitalized software development costs was $146,036 for the three months ended March 31, 2026.</li><li>Share-based compensation expense: $1,753 for the three months ended March 31, 2026, compared to $10,005 for the same period in 2025.</li><li>Short-term debt from related parties: $349,996 as of March 31, 2026.</li><li>Deferred revenue: Total deferred revenue was $1,984,370 as of March 31, 2026.</li></ul><h4>Future Outlook and Strategy</h4>CID HoldCo, Inc. expects to incur substantial operating losses for the next several years and will require additional near-term financing to continue research and development activities, raising substantial doubt about its ability to continue as a going concern within one year. The company plans to grow its customer base by investing significantly in sales and marketing, expanding within its existing customer base, and continuously innovating its Dot Cloud platform and IoT data collection. This includes increasing compliance and oversight resources and expanding its operations team to meet growing demand.

CID Holdco | 10-Q: FY2026 Q1 Revenue: USD 12.21 K