CID Holdco, Inc. DAIC
or "CID"), formerly known as SEE ID Inc., dba Dot AI (the "Legacy Company" or "SEE ID"), was incorporated
in Delaware with its headquarters in Las Vegas, Nevada. The Company helps businesses transform their operations by optimizing safety,
security and efficiency of operations through in-process tracking of resources. Through the Company's extensive research and development
initiatives, the Company's main focus includes areas such as Industrial IoT, Indoor & Outdoor tracking with seamless transitions,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $5.8M | $172.7K | — |
| Cost of revenue | $3.1M | $43.6K | — |
| Gross profit | $2.7M | $129.0K | — |
| R&D | $1.4M | $850.3K | — |
| SG&A | $6.8M | $1.6M | — |
| Total operating expenses | $13.1M | $7.2M | — |
| Operating income | -$10.4M | -$7.0M | — |
| Interest expense | $404.6K | — | — |
| Pre-tax income | -$36.7M | -$21.5M | — |
| Income tax | — | $581 | — |
| Net income | -$36.7M | -$21.5M | — |
| EPS, basic | -1.78 | -1.78 | — |
| EPS, diluted | -1.78 | -1.78 | — |
| Shares, diluted (wtd. avg.) | $20.6M | $12.1M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $865.6K | $721.0K | $605.8K |
| Receivables | $3.6M | $50.3K | — |
| Inventory | $1.4M | $65.2K | — |
| Total current assets | $6.4M | $1.0M | — |
| Property, plant and equipment | $645.2K | $11.3K | — |
| Total assets | $10.7M | $3.1M | — |
| Accounts payable | $4.1M | $770.3K | — |
| Short-term debt | $1.5M | — | — |
| Total current liabilities | $8.1M | $2.2M | — |
| Total liabilities | $10.5M | $27.4M | — |
| Retained earnings | -$61.5M | -$24.7M | — |
| Total equity | $239.5K | -$24.3M | -$3.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$13.3M | -$3.3M | — |
| Depreciation and amortisation | $5.0K | — | — |
| Stock-based compensation | $37.8K | $197.0K | — |
| Capital expenditure | $670.4K | — | — |
| Investing cash flow | -$1.8M | -$834.2K | — |
| Financing cash flow | $15.2M | $4.2M | — |
| Buybacks | $5.0M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-047154.
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