Financial PositionThe company ended 3Q25 with $5.4M in cash and $3.2M in debt. Subsequent to quarter-end, the company raised $4.8M, net and paid off $2.1M of debt.
Growth InitiativesGrowth initiatives include an MOU in Ghana, which could potentially generate revenue of over ~$350M at scale, a new crypto wallet offering, a partnership and equity interest in QID Technologies, its Orchestration Layer offering, geographical expansion, and other initiatives.
ValuationIDAI currently trades at an EV/2026E revenue multiple of 1.6x vs. a peer group average of 2.1x.