CID Holdco, Inc.
For the period ended Jun 30, 2026. Filed Sep 25, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Sep 25, 2026
DAIC$1.060.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $456,069 | $865,624 |
| Accounts receivable | 32,687 | 3,624,547 |
| Inventory | 2,668,700 | 1,430,881 |
| Prepaid expenses and other current assets | 420,398 | 480,903 |
| Total current assets | 3,577,854 | 6,401,955 |
| Noncurrent assets: | ||
| Property and equipment, net | 603,221 | 645,240 |
| Operating lease right-of-use assets (ROU) | 630,958 | 701,878 |
| Capitalized software development costs | 2,667,942 | 2,920,718 |
| Other long-term assets | 26,840 | 27,893 |
| Total long-term assets | 3,928,961 | 4,295,729 |
| Total assets | $7,506,815 | $10,697,684 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $6,608,784 | $4,124,924 |
| Accrued expenses | 2,185,947 | 1,826,189 |
| Accrued compensation | 201,737 | 177,222 |
| Accrued franchise taxes | 20,428 | 8,428 |
| Interest payable to related parties | 10,344 | - |
| Derivative liabilities | 197,742 | 78,635 |
| Short-term debt from third-parties, net | 1,345,450 | 1,540,651 |
| Short-term debt from related parties, net | 349,996 | - |
| Deferred revenue, current portion | 1,984,370 | 236,038 |
| Operating lease liabilities, current portion | 148,808 | 139,963 |
| Total current liabilities | 13,053,606 | 8,132,050 |
| Long-term liabilities: | ||
| Deferred revenue, net of current portion | - | 1,748,512 |
| Operating lease liabilities, net of current portion | 500,910 | 577,656 |
| Total long-term liabilities | 500,910 | 2,326,168 |
| Total liabilities | 13,554,516 | 10,458,218 |
| Commitments and contingencies (Note 18) | ||
| Shareholders’ equity (deficit) | ||
| Common stock, $0.0001 par value; 300,000,000 shares authorized; 1,966,042 and 1,170,933 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively (a) | 197 | 117 |
| Additional paid-in capital (a) | 63,639,477 | 61,690,683 |
| Accumulated deficit | (69,687,375) | (61,451,334) |
| Total shareholders’ equity (deficit) | (6,047,701) | 239,466 |
| Total liabilities and shareholders’ equity | $7,506,815 | $10,697,684 |
| (a) | All share information, Common Stock balances, and Additional paid-in capital balances have been adjusted to reflect a 1-for-25 reverse stock split effective May 29, 2026. |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.