DYADIC INTERNATIONAL INC (DYAI): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 11:57 ET
- Event date
- 2026-11-12
- Accession no.
- 0001493152-26-051601
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Dyadic reports third quarter 2026 results and first direct commercial product sales
Dyadic reported revenue of $449,101 and a net loss of $1,357,041 for the three months ended September 30, 2026. It recorded its first direct commercial product sales, primarily recombinant transferrin and DNase I, though initial sales were not material. Management concluded there is substantial doubt about its ability to continue as a going concern for the 12 months following November 12, 2026.
- Revenue was $449,101 for the three months ended September 30, 2026, down 61.4%.
- Net loss was $1,357,041 or $(0.04) per share, compared to $1,976,012 or $(0.06) per share a year ago.
- Cash, cash equivalents, restricted cash and investment-grade securities, including accrued interest, were $6,046,083 as of September 30, 2026.
- Management cited substantial doubt about the company's ability to continue as a going concern for 12 months following November 12, 2026.
earningsproduct
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
| EX-99.1 | EX-99.1 | ex99-1.htm |
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