CID Holdco, Inc.
For the period ended Jun 30, 2026. Filed Sep 25, 2026.
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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 Statements of Cash Flows (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Six Months Ended June 30, | ||||
|---|---|---|---|---|
| 2026 · 2025 | ||||
| OPERATING ACTIVITIES | ||||
| Net loss | $(8,236,041) | $(30,143,761) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization expense | 334,091 | 5,101 | ||
| Amortization of debt origination fees | 267,500 | — | ||
| Interest expense | 270,723 | 21,380 | ||
| Change in fair value of SAFE notes | — | 17,368,415 | ||
| Change in fair value of derivative liabilities | 17,864 | — | ||
| Transaction costs paid in shares | — | 156,869 | ||
| Share-based compensation expense | 3,364 | 19,742 | ||
| Noncash operating lease expense | 70,920 | — | ||
| Amortization of ROU assets | — | 31,641 | ||
| Loss on debt extinguishment | — | 5,728,295 | ||
| Loss on issuance of shares | (19,402) | — | ||
| Operating lease payment | — | (51,642) | ||
| Reverse recapitalization transaction | — | (3,339,169) | ||
| Shares issued for debt origination fees | 120,000 | — | ||
| Shares issued for services | 125,000 | — | ||
| Change in operating assets and liabilities: | ||||
| Accounts receivable | 3,591,860 | 34,328 | ||
| Prepaid expenses and other assets | 61,559 | (404,842) | ||
| Inventory | (1,237,819) | (297,186) | ||
| Accounts payable | 2,483,860 | (540,863) | ||
| Accrued expenses | 359,758 | 1,006,861 | ||
| Accrued compensation | 24,515 | (150,623) | ||
| Interest payable to related parties | 10,344 | — | ||
| Accrued taxes | 12,000 | 3,911,691 | ||
| Operating lease liabilities | (67,901) | — | ||
| Derivative liabilities | 101,243 | — | ||
| Deferred revenue | (180) | 251,021 | ||
| Net cash used in operating activities | (1,706,742) | (6,392,742) | ||
| INVESTING ACTIVITIES | ||||
| Purchase of property and equipment | — | (107,200) | ||
| Capitalized software development costs | (39,296) | (636,598) | ||
| Net cash used in investing activities | (39,296) | (743,798) | ||
| FINANCING ACTIVITIES | ||||
| Proceeds from issuance of short-term loans to third-parties | 1,190,000 | 2,850,000 | ||
| Proceeds from issuance of SAFE notes | — | 23,752 | ||
| Proceeds from PIPE investments | — | 10,837,643 | ||
| Proceeds from issuance of short-term loan from related parties | 349,996 | — | ||
| Proceeds from issuance of shares | 644,756 | — | ||
| Proceeds from Trust accounts | — | 5,577,304 | ||
| Proceeds from warrant exercises | 180,000 | — | ||
| Purchase of common stock | — | (5,000,000) | ||
| Repayment of bridge loans | — | (1,380,545) | ||
| Repayment of short-term loan to third-parties | (1,028,269) | — | ||
| Net cash provided by financing activities | 1,336,483 | 12,908,154 | ||
| Net increase in cash during the period | (409,555) | 5,771,614 | ||
| Cash, beginning of period | 865,624 | 721,032 | ||
| Cash, end of period | $456,069 | $6,492,646 | ||
| SUPPLEMENTAL DISCLOSURE OF CASH ACTIVITIES | ||||
| Cash paid for interest | $778,691 | $ | - | |
| Conversion of third-party short-term debt to equity | $895,155 | $2,456,500 | ||
| ROU asset obtained in exchange for lease liability | $ | - | $482,227 | |
| Conversion of SAFE notes to equity | $ | - | $40,726,793 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.