Earnings release
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Exhibit 99.1 CONFIDENTIAL DRAFT Dot Ai Announces Third Quarter 2025 Financial Results LAS VEGAS, Nevada – November 13, 2025 – Dot Ai (Nasdaq: DAIC) (“Dot Ai” or the “Company”), an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology, today announced its financial results for the third quarter 2025. “In the third quarter, we built and shipped our initial hardware platform orders, validating market demand for our innovative solutions and demonstrating momentum in the business,” said Ed Nabrotzky, CEO of Dot Ai. “Looking to the balance of 2025 and into next year, we have the right team and strategy in place to accelerate pipeline conversion and drive material revenue contribution, delivering on our commitment to revolutionize asset intelligence and transform the modern supply chain.” Recent Business and Financial Highlights ● Third quarter revenue of approximately $800k represents initial order fulfillment and production ramp at our Puerto Rico facility. ● In November, Dot Ai announced leadership additions including Robyn D‘Elia, an experienced former public company CFO to enhance our finance function on a fractional basis, and Miles Bradley, our new Director of Channels, with primary responsibility for expanding the company’s partner ecosystem. ● In October, Dot Ai completed development of a new version of our SaaS architecture, Dot Matrix 3.0, which includes a multi-tenant architecture designed to deliver in-process visibility and secure asset management across a wide range of industries and environments, allowing distributors, integrators, and operators to deploy and manage complex, multi-site programs from a single platform. This platform will continue under tests throughout the fourth quarter. ● In September, Dot Ai obtained certification of its cybersecurity system compliant with SOC 2 Type 1 standards. In September, Dot Ai announced new hardware platform orders and an expansion of its Puerto Rico manufacturing operations, reflecting the broad applicability of Dot Ai's Asset Intelligence platform, and its commitment to advancing high-tech manufacturing in Puerto Rico. ● In August, Dot Ai announced its first international distribution partnership with CanTech Group in Australia, who will serve as Dot Ai’s Australia- region reseller and installation partner for the company’s SaaS platform and proprietary tracking technologies. ● In August, Dot Ai welcomed two new directors, Janice Bryant Howroyd and Walter Skowronski, executives with proven track records scaling public organizations and navigating complex industries. ● In July, Dot Ai commenced production at its Barceloneta, Puerto Rico manufacturing facility, with the new facility intended for full production of Dot Ai’s Zero Infrastructure Mesh Bridge (ZiM Bridge) and smart asset tags.
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Conference Call and Webcast Information Dot Ai will host a conference call today, November 13, 2025, to discuss its results at 5 p.m. Eastern Time. A live webcast of the conference call can be accessed here or dial-in using the below number. A webcast replay of the call will also be available. Telephone dial-in: 1-877-407-0789 or 1-201-689-8562 About Dot Ai At the heart of the technological revolution in asset management and security lies Dot Ai, a trailblazing SaaS service that is defining Asset Intelligence for smart supply chain operations. By harnessing the power of real-time IoT tracking technology and AI-enhanced analytics, Dot Ai stands at the forefront of innovation, offering patented solutions that are not just advanced but transformative. Through relentless research and development, Dot Ai has engineered a suite of technologies that empower organizations to not only streamline their logistics and supply chain processes but also bolster operational security to unprecedented levels. Leveraging state-of-the-art AI engines, cutting-edge 5G RF and BLE technology, and seamless API integrations, Dot Ai transcends traditional boundaries, offering real-time asset visibility and predictive analytics that integrate effortlessly with existing infrastructure. This is not just technology; it's a vision for a more secure, efficient, and connected world. Discover more about how Dot Ai is leading the charge in Asset Intelligence by visiting https://daic.ai. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, including statements regarding anticipated production capacity increases, facility expansion plans, expected order fulfillment, and future business growth. All forward-looking statements are based on Dot Ai's current expectations and beliefs concerning future developments and their potential effects on the company. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and Dot Ai assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Dot Ai Contacts Investors and Media: ICR, Inc. dotai@icrinc.com 2
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CID HOLDCO, INC. AND SUBSIDIARIES BALANCE SHEETS September 30, 2025 December 31, 2024 (Unaudited) ASSETS Current assets: Cash $ 1,418,834 $ 721,032 Accounts receivable 915,027 50,264 Inventory 468,102 65,248 Prepaid expenses and other current assets 744,194 167,551 Total current assets 3,546,157 1,004,095 Noncurrent assets: Property and equipment, net 478,171 11,286 Operating lease right-of-use assets (ROU) 735,871 307,892 Capitalized software development costs 2,660,194 1,761,396 Long-term assets 25,713 12,103 Total long-term assets 3,899,949 2,092,677 Total assets $ 7,446,106 $ 3,096,772 LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) Current liabilities: Accounts payable $ 933,306 $ 770,276 Accrued expenses 1,119,808 24,219 Accrued compensation 75,228 246,720 Accrued taxes 3,913,668 - Deferred revenue, current portion 2,772,178 1,142,643 Operating lease liabilities, current portion 135,976 36,225 Total current liabilities 8,950,164 2,220,083 Long-term liabilities: SAFE notes, net - 23,334,626 Deferred revenue, net of current portion - 1,570,572 Operating lease liabilities, net of current portion 614,126 265,413 Total long-term liabilities 614,126 25,170,611 Total liabilities 9,564,290 27,390,694 Shareholders’ equity (deficit) Common stock, $0.0001 par value; 300,000,000 shares authorized; 27,743,322 and 12,210,718 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 2,774 1,221 Additional paid-in capital 56,972,621 438,120 Accumulated deficit (59,093,579) (24,733,263) Total shareholders' equity (deficit) (2,118,184) (24,293,922) Total liabilities and shareholders’ equity (deficit) $ 7,446,106 $ 3,096,772 3
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CID HOLDCO, INC. AND SUBSIDIARIES STATEMENTS OF OPERATIONS (UNAUDITED) For the three months ended September 30, For the nine months ended September 30, 2025 2024 2025 2024 Revenue $ 778,482 $ 81,636 $ 1,257,813 $ 183,631 Cost of goods sold 488,286 7,997 572,558 18,006 Gross profit 290,196 73,639 685,255 165,625 Operating expenses: General and administrative 2,742,753 506,886 4,184,688 1,064,461 Research and development 397,135 186,678 972,640 459,991 Sales and marketing 1,111,895 638,584 2,564,891 1,763,170 Acquisition and integration 243,230 635,459 1,154,857 1,501,261 Depreciation and amortization 11,738 - 16,839 - Total operating expenses 4,506,751 1,967,607 8,893,915 4,788,883 Loss from operations (4,216,555) (1,893,968) (8,208,660) (4,623,258) Other expenses: Interest expense - - (328,763) - Change in fair value of SAFE notes - (764,446) (17,368,415) (14,227,156) Transaction costs - - (2,726,183) - Loss on extinguishment of debt - - (5,728,295) - Total other expenses - (764,446) (26,151,656) (14,227,156) Loss before income taxes (4,216,555) (2,658,414) (34,360,316) (18,850,414) Provision for income taxes - - - - Net loss $ (4,216,555) $ (2,658,414) $ (34,360,316) $ (18,850,414) Net loss per share Basic and diluted $ (0.15) $ (0.22) $ (1.89) $ (1.56) Weighted average number of shares Basic and diluted 27,645,033 12,210,718 18,146,608 12,095,288 4
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CID HOLDCO, INC. AND SUBSIDIARIES STATEMENTS OF CASH FLOWS (UNAUDITED) For the nine months ended September 30, 2025 2024 OPERATING ACTIVITIES Net loss $ (34,360,316) $ (18,850,414) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 16,839 — Change in fair value of SAFE notes 17,368,415 14,227,156 Transaction costs paid in shares 156,869 — Share-based compensation expense 28,862 187,001 Noncash operating lease expense 64,857 11,890 Loss on debt extinguishment 5,728,295 — Reverse recapitalization transaction (4,739,169) — Fair value of shares issued as commitment fee 350,000 — Change in operating assets and liabilities: Accounts receivable (864,763) (92,252) Prepaid and other assets (572,655) 107,218 Inventory (402,854) (134,448) Accounts payable 163,030 693,309 Accrued expense 1,095,589 6,572 Accrued compensation (171,492) (7,872) Accrued interest 280,000 — Accrued taxes 3,913,668 — Operating lease liabilities (61,968) 2,611 Short-term debt, net 3,750,000 — Deferred revenue 58,963 750,000 Net cash used in operating activities (8,197,830) (3,099,229) INVESTING ACTIVITIES Purchase of property and equipment (483,724) — Capitalized software development costs (898,798) (579,327) Net cash used in investing activities (1,382,522) (579,327) FINANCING ACTIVITIES Proceeds from issuance of bridge loans 500,000 — Proceeds from issuance of SAFE notes 23,752 3,834,500 Repayment of bridge loans (1,660,545) — Proceeds from PIPE investments 10,837,643 — Purchase of common stock (5,000,000) — Proceeds from Trust account 5,577,304 — Net cash provided by financing activities 10,278,154 3,834,500 Net increase in cash during period 697,802 155,944 Cash, beginning of period 721,032 605,760 Cash, end of period $ 1,418,834 $ 761,704 SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES ROU asset obtained in exchange for lease liability $ 482,227 $ 324,426 Conversion of SAFE notes to equity $ 40,726,793 $ — Conversion of short-term debt to equity $ 2,456,500 $ — Cash paid for interest $ 39,462 $ — 5