Cid Holdco Inc (DAIC) AI Stock Analysis

• Market Cap: $8.75M
• Dividend Yield: N/A
• Average Volume (3M): 36.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.59
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 2
• Sector: Financial
• Sector Strength: 70
• Industry: Shell Companies
• EPS (TTM): N/A
• Shares Outstanding: 29,273,321
• 10 Day Avg. Volume: 38,964
• 30 Day Avg. Volume: 36,093
• PEG Ratio: -18.50
• Price to Book (P/B): -481.73
• Price to Sales (P/S): 22873.95
• P/FCF Ratio: -4.81K
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 7.34
• Enterprise Value/Gross Profit: 19.97
• Enterprise Value/Ebitda: -0.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $0.32
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is primarily weighed down by very weak financial performance (shrinking revenue, negative gross profit, persistent losses, ongoing cash burn, and deeply negative equity). Technical indicators also remain bearish with the stock trading below key moving averages, despite oversold readings. Valuation is not supportive because the negative P/E reflects continued losses and there is no dividend yield data.

Positive Factors

Experienced revenue leadership hire

The December 2025 CRO appointment brings a veteran enterprise sales leader with deep experience selling to large customers. Structurally, stronger commercial leadership can rebuild go-to-market execution, improve pipeline conversion and enterprise contracts, and support a durable revenue recovery if execution follows.

Low absolute debt burden

Modest absolute debt reduces fixed financing obligations and preserves flexibility to manage operations or restructure without heavy interest costs. For a cash-burning entity, low nominal leverage lowers near-term default risk and gives management clearer options for targeted financing or operational fixes.

Prior positive gross profit (pre-2024)

The company reported positive gross profit in 2023 before the 2024 deterioration, indicating the business can cover direct costs under different conditions. This suggests structural margin recovery is feasible via pricing, cost control, or scale if revenue stabilizes and management executes on commercial improvements.

Negative Factors

Deeply negative shareholders' equity

Equity deteriorated sharply to roughly -$8.2M in 2024, creating a structural solvency weakness. Deep negative equity limits borrowing capacity, raises refinancing and dilution risk, and increases the probability management must pursue dilutive financing, restructuring, or asset dispositions to restore balance-sheet viability.

Chronic operating cash flow deficits

Sustained negative operating cash flow demonstrates the core business consumes cash rather than generates it. Persistent cash burn narrows runway, forces repeated reliance on external funding, constrains reinvestment, and makes durable recovery contingent on meaningful margin gains or new capital injection.

Declining revenue and negative gross margins

An 18.5% revenue decline coupled with a swing to negative gross profit shows the business failed to cover direct costs, signaling demand shortfalls or pricing/COGS issues. Combined with persistent net losses, this is a structural profitability problem that requires fundamental business-model or market-position fixes to resolve.

Cid Holdco Inc Business Overview & Revenue Model

Company Description

The post‑merger public company formed by the SPAC Perimeter Acquisition Corp. I, combined with Dot Ai (formerly SEE ID). Operates as a publicly traded AI asset intelligence technology firm

How the Company Makes Money

Cid Holdco Inc Financial Statement Overview

Summary

Financial quality is very weak: revenue fell sharply, gross profit turned negative in 2024, losses remain large and persistent, operating/free cash flow is consistently negative with higher burn in 2024, and stockholders’ equity is deeply negative and worsening—raising solvency and financing risk despite modest absolute debt.

Income Statement

Operating performance is very weak. Revenue declined sharply in 2024 (down 18.5% vs. 2023) and the company swung from positive gross profit in 2023 to negative gross profit in 2024, indicating costs exceeded revenue. Losses remain large and persistent (net loss of about $2.0M in 2024 vs. ~$1.9M in 2023 and ~$1.0M in 2022), with deeply negative profitability relative to revenue.

Balance Sheet

The balance sheet shows significant strain due to deeply negative stockholders’ equity (about -$8.2M in 2024, worsening from -$3.0M in 2023 and -$1.1M in 2022). While total debt is modest in absolute terms ($0.6M in 2024) and was zero in prior years, the negative equity position materially weakens financial flexibility and raises ongoing solvency/financing risk despite total assets of ~$6.6M.

Cash Flow

Cash generation remains poor, with operating cash flow negative in every year shown (about -$0.8M in 2024; -$1.7M in 2023; -$0.9M in 2022). Free cash flow is also negative and deteriorated sharply in 2024 (down ~78.9% vs. 2023), indicating higher cash burn. A partial positive is that free cash flow broadly tracks net income in 2024, but this reflects losses rather than sustainable cash profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	905.32K	172.66K	439.64K	591.75K	0.00
Gross Profit	333.00K	-171.23K	352.75K	443.19K	0.00
EBITDA	-37.66M	-1.57M	-1.94M	-959.42K	-224.67K
Net Income	-38.69M	-2.04M	-1.94M	-968.23K	-224.67K
Balance Sheet
Total Assets	7.45M	6.62M	1.69M	1.19M	307.93M
Cash, Cash Equivalents and Short-Term Investments	1.42M	432.53K	605.76K	826.58K	790.77K
Total Debt	750.10K	600.00K	0.00	0.00	0.00
Total Liabilities	9.56M	14.82M	4.65M	2.27M	11.65M
Stockholders Equity	-2.12M	-8.20M	-2.95M	-1.08M	296.27M
Cash Flow
Free Cash Flow	-4.58M	-820.93K	-2.34M	-1.13M	-593.30K
Operating Cash Flow	-4.09M	-820.93K	-1.67M	-877.36K	-593.29K
Investing Cash Flow	2.54M	16.20M	-672.32K	-254.86K	-306.00M
Financing Cash Flow	6.69M	-15.35M	2.12M	1.77M	307.38M

Cid Holdco Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BSLK	43 Neutral	$698.58K	-0.01	―	―	62620.00%	-3469.28%
DAIC	41 Neutral	$8.75M	-0.11	―	―	―	―

Cid Holdco Inc Corporate Events

CID Holdco Appoints Delores Rochester as Chief Revenue Officer

On December 18, 2025, Dot Ai announced that veteran technology sales executive Delores “Del” Rochester had been appointed Chief Revenue Officer, effective immediately, succeeding Bob Reny, who recently departed the company. Rochester, who also became Chief Revenue Officer of CID Holdco, Inc. following Reny’s resignation there on December 12, 2025, brings more than 25 years of experience leading high-performing sales organizations at Oracle and IBM, where she sold over $4 billion in technology solutions to enterprise customers in manufacturing, healthcare, financial services and other sectors. Her remit at Dot Ai is to lead the global revenue organization, drive enterprise customer expansion and strengthen commercial execution, while her compensation package at CID Holdco, including a $285,000 base salary and performance-based bonus opportunity, underscores the strategic weight both companies are placing on her role to accelerate growth and deepen enterprise adoption. Reny’s departure from CID Holdco was not the result of any disagreement over accounting or financial disclosures, and both companies framed the leadership transition as part of a broader push to bolster operational rigor, expand enterprise relationships and support long-term value creation for shareholders.