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Dot Ai Reports First Quarter 2026 Financial Results

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Dot Ai (Nasdaq: DAIC) reported first quarter 2026 results and reaffirmed full-year 2026 revenue guidance of $6.0–$7.5 million and bookings guidance of $12–$15 million, reflecting expectations for a back-end-loaded ramp in subscription contracts.

Q1 2026 revenue was de minimis versus $0.4 million a year earlier. Gross margin reached 78.2%. Operating expenses rose to $4.1 million from $2.1 million. Net loss widened to $4.5 million (‑$0.15 per share), and adjusted EBITDA was ‑$3.9 million.

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AI-generated analysis. Not financial advice.

Positive

  • Reaffirmed 2026 revenue guidance of $6.0–$7.5 million
  • Reaffirmed 2026 bookings guidance of $12–$15 million
  • Reported Q1 2026 gross margin of 78.2%
  • Ongoing transition toward recurring subscription SaaS revenue
  • Commercial deployment of generation 3.0 Asset Intelligence SaaS platform

Negative

  • Q1 2026 revenue described as de minimis vs $0.4 million prior year
  • Q1 2026 operating expenses increased to $4.1 million from $2.1 million
  • Q1 2026 net loss widened to $4.5 million from $1.3 million
  • Q1 2026 adjusted EBITDA loss increased to ‑$3.9 million from ‑$1.3 million

Key Figures

2026 revenue guidance: $6.0–$7.5M 2026 bookings guidance: $12–$15M Q1 2025 revenue: $0.4M +5 more
8 metrics
2026 revenue guidance $6.0–$7.5M Reaffirmed full-year 2026 outlook
2026 bookings guidance $12–$15M Full-year 2026 bookings target
Q1 2025 revenue $0.4M Same quarter prior year; current quarter described as de minimis
Q1 2026 gross margin 78.2% Gross profit margin for Q1 2026
Q1 2026 operating expenses $4.1M Versus $2.1M in same year-ago quarter
Q1 2026 net loss $4.5M Net loss for Q1 2026
Q1 2026 EPS ($0.15) per share Basic and diluted, versus ($0.11) year-ago
Q1 2026 Adjusted EBITDA ($3.9M) Non-GAAP metric, versus ($1.3M) year-ago

Market Reality Check

Price: $0.1935 Vol: Volume 253,707 is below 2...
low vol
$0.1935 Last Close
Volume Volume 253,707 is below 20-day average 381,370 (relative volume 0.67x). low
Technical Shares at 0.1935 are trading below the 200-day MA 1.79, about 99.74% under the 52-week high 75 and 21.7% above the 52-week low 0.159.

Peers on Argus

DAIC is down 0.82% with no peers in the momentum scanner. Broader peers show mix...

DAIC is down 0.82% with no peers in the momentum scanner. Broader peers show mixed moves (e.g., CTM up 4.58%, CSPI down 1.93%), suggesting a stock-specific reaction to the earnings release.

Previous Earnings,AI Reports

4 past events · Latest: May 04 (Neutral)
Same Type Pattern 4 events
Date Event Sentiment Move Catalyst
May 04 Earnings call notice Neutral -1.3% Announced timing and access details for upcoming Q1 2026 earnings call.
Mar 04 Earnings results Positive -11.2% Reported strong 2025 revenue ramp and issued 2026 revenue guidance.
Feb 26 Earnings call notice Neutral -9.5% Set date and logistics for Q4 and full-year 2025 earnings call.
Nov 13 Earnings results Positive -7.2% Reported Q3 2025 revenue growth and multiple operational milestones.
Pattern Detected

Earnings- and call-related news has historically been followed by negative moves, with an average same-tag reaction of about -7.28%, indicating a pattern of weakness around earnings disclosures.

Recent Company History

Over the past several quarters, Dot Ai has used earnings and related announcements to highlight its transition to commercial operations and recurring SaaS revenue. In Q3 2025 it reported initial ramp revenue, followed by full-year 2025 results with revenue of $5.8M and 2026 guidance of $6.0–$7.5M. Call announcements around Q4 2025 and Q1 2026 prompted negative price reactions, and prior earnings results on 2026-03-04 also saw a double‑digit decline, framing today’s Q1 2026 report and reaffirmed guidance against a history of post-earnings weakness.

Historical Comparison

-7.3% avg move · In the past earnings-related releases tagged "earnings,AI", DAIC moved on average -7.28%, with resul...
earnings,AI
-7.3%
Average Historical Move earnings,AI

In the past earnings-related releases tagged "earnings,AI", DAIC moved on average -7.28%, with results often followed by declines despite growth messaging. Today’s Q1 2026 report and reaffirmed guidance fit into this pattern of cautious market reception.

Same-tag events show progression from Q3 2025 ramp, to full-year 2025 results with 2026 guidance, and now Q1 2026 results reaffirming that guidance while emphasizing a shift toward recurring subscription revenue.

Market Pulse Summary

This announcement highlights Dot Ai’s Q1 2026 results and reiterates full‑year 2026 revenue guidance...
Analysis

This announcement highlights Dot Ai’s Q1 2026 results and reiterates full‑year 2026 revenue guidance of $6.0–$7.5M, alongside a strong reported gross margin of 78.2% but de minimis current revenue and a net loss of $4.5M. Historically, earnings-tagged releases have coincided with an average move of -7.28%. Recent SEC filings describe going concern language, registered resale overhangs, and prior cash constraints, making future revenue ramp, expense discipline, and financing terms key metrics to watch.

Key Terms

ambient iot, adjusted ebitda, non-gaap, predictive analytics
4 terms
ambient iot technical
"exploring how ambient IoT and AI are transforming asset tracking"
A network of tiny, low‑power sensors and connected devices woven into everyday surroundings that silently collect and share data about things like temperature, motion, sound, or equipment status. Think of it as a background layer of sensing—like invisible assistants monitoring a building or supply chain—whose continuous data can help companies automate processes, cut costs, create new services, or reveal competitive insights, but also introduces hardware costs, data management needs and regulatory or privacy considerations for investors.
adjusted ebitda financial
"Adjusted EBITDA, a non-GAAP measure, totaled ($3.9) million"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
non-gaap financial
"Adjusted EBITDA, a non-GAAP measure, totaled ($3.9) million"
Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.
predictive analytics technical
"delivering real-time asset visibility, predictive analytics, and seamless integration"
Predictive analytics uses historical data and patterns to estimate future outcomes, like sales, customer behavior, or operational problems. For investors it matters because it turns past signals into probable forecasts—similar to a weather forecast or traffic app—helping assess potential risks, spot opportunities, and prioritize where to allocate capital, while remembering that predictions carry uncertainty and are not guarantees.

AI-generated analysis. Not financial advice.

Commercial Pipeline and Strategic Partnerships Continue to Lay Foundation for a 2026 Revenue Ramp; Company Reaffirms Full-Year 2026 Revenue Guidance of $6.0 to $7.5 Million

LAS VEGAS, NV / ACCESS Newswire / May 11, 2026 / CID Holdco. (Nasdaq:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today reported its financial results for the first quarter ended March 31, 2026.

First Quarter 2026 and Recent Operational Highlights:

  • Reaffirmed full-year 2026 revenue guidance of $6.0 to $7.5 million and bookings guidance of $12 to $15 million, reflecting management's confidence in the Company's commercial pipeline and transition to recurring subscription revenue.

  • Continued commercial deployment of the Company's generation 3.0 Asset Intelligence SaaS platform with full multi-tenant architecture, delivering real-time asset visibility, predictive analytics, and seamless integration with existing customer infrastructure as the backbone of the Company's recurring revenue model.

  • Showcased the generation 3.0 Asset Intelligence platform at Manifest 2026, the premier supply chain and logistics technology conference held February 9-11 in Las Vegas. CEO Ed Nabrotzky participated in a featured panel discussion alongside partners from Würth Industry and Wiliot, highlighting the Company's expanding ecosystem and commercial traction.

  • Hosted an industry webinar on April 1, 2026, "Ambient IoT: The Intelligence Nobody Talks About but Everyone Depends On," with partners Wiliot and Würth Industry North America, exploring how ambient IoT and AI are transforming asset tracking into operational intelligence across industrial supply chains.

  • Engaged MZ Group, an international investor relations firm, to lead a strategic investor relations and financial communications program designed to increase visibility throughout the investment community.

Management Commentary

Ed Nabrotzky, Co-Founder and CEO of Dot Ai, said: "The first quarter of 2026 was a quarter of foundation building for the growth expected in the latter half of this year. We remained focused on building our robust pipeline of what we expect to be recurring subscription revenue, scaling our hardware deployments, and expanding our partner ecosystem. Our first quarter results reflect the disciplined execution and cost controls we have implemented to align spend with achievement of important subscriber milestones, and we are encouraged by the traction we are seeing across multiple industrial verticals.

"During the quarter, we showcased our generation 3.0 Asset Intelligence platform at Manifest 2026 alongside our partners Würth Industry and Wiliot, as well as hosted a well-attended industry webinar on ambient IoT and operational intelligence. These activities build on the strategic partnerships, manufacturing expansion, and platform milestones we completed in 2025 and position us to scale through the balance of the year.

"We are reaffirming our 2026 revenue guidance of $6.0 to $7.5 million and bookings guidance of $12 to $15 million. These results are expected to be back-end weighted as subscription contracts ramp, and we remain confident in our ability to convert our pipeline, expand enterprise customer relationships, and grow recurring SaaS revenue as a proportion of our total mix. With a clear path to growth and multiple catalysts on the horizon, we believe Dot Ai is well-positioned to create meaningful value for our shareholders," concluded Nabrotzky.

First Quarter 2026 Financial Results

Revenue for the first quarter of 2026 was, as expected, de minimis as compared to $0.4 million in the same year-ago quarter. The year-over-year decrease primarily reflected the back-end-weighted nature of the Company's 2026 revenue plan, with subscription contracts and hardware deployments expected to ramp in the second half of the year, as well as a strategic transition from one-time hardware-led sales toward longer-term recurring subscription revenue.

Gross profit for revenue in the first quarter saw a gross margin of 78.2%, reflecting the inherent strength of our model. The decrease in gross profit primarily reflected lower revenue in the period as customer deployments and subscription enrollments are weighted to the back half of 2026, while the Barceloneta, Puerto Rico manufacturing facility continues to scale to support the order pipeline ahead.

Operating expenses for the first quarter of 2026 totaled $4.1 million, as compared to $2.1 million in the same year-ago quarter. The increase was primarily driven by costs associated with operating as a public company, expansion of the commercial team and partner ecosystem, and continued investment in the Company's generation 3.0 Asset Intelligence platform, partially offset by cost controls implemented during the quarter.

Net loss for the first quarter of 2026 was $4.5 million, or ($0.15) per basic and diluted share, as compared to a net loss of $1.3 million, or ($0.11) per basic and diluted share, in the same year-ago quarter.

Adjusted EBITDA, a non-GAAP measure, totaled ($3.9) million in the first quarter of 2026, as compared to ($1.3) million in the same year-ago quarter. See the US GAAP Net Loss to Adjusted EBITDA reconciliation table provided below.

Conference Call

Management will host an investor conference call at 4:30 p.m. Eastern time today, Monday, May 11, 2026 to discuss the Company's first quarter 2026 financial results, provide a corporate update, and conclude with Q&A from telephone participants. To participate, please use the following information:

Q1 2026 Earnings Conference Call

Date: Monday, May 11, 2026
Time: 4:30 p.m. Eastern time
U.S. Dial-in: 1-877-407-0789
International Dial-in: 1-201-689-8562
Conference ID: 13760262
Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1760900&tp_key=2d4cb9b775

Please join at least five minutes before the start of the call to ensure timely participation. A webcast replay will be available following the call using the webcast link above.

About Dot Ai

Dot Ai (Nasdaq:DAIC) is an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology for smart supply chain operations. Leveraging state-of-the-art AI engines, cutting-edge 5G RF and BLE technology, and seamless cloud integrations, Dot Ai offers real-time asset visibility and predictive analytics that integrate with existing infrastructure. The Company serves multiple industries including aviation, construction, delivery, military, mining, retail, sea ports, medical logistics, warehousing and manufacturing. For more information, please visit daic.ai.

Use of Non-GAAP Financial Measures

This press release includes the following non-GAAP measure - adjusted EBITDA, which is not a measure of financial performance under GAAP and should not be considered as an alternative to net income (loss) as a measure of financial performance. The Company believes this non-GAAP measure, when considered together with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to the Company's results of operations. However, this non-GAAP measure has significant limitations in that it does not reflect all the costs and other items associated with the operation of the Company's business as determined in accordance with GAAP. In addition, the Company's non-GAAP measures may be calculated differently and are therefore not comparable to similar measures by other companies. Therefore, investors should consider non-GAAP measures in addition to, and not as a substitute for, or superior to, measures of financial performance in accordance with GAAP. For a definition and reconciliation of EBITDA to net income (loss), its corresponding GAAP measure, please see the reconciliation table shown in this press release below.

US-GAAP NET LOSS TO ADJUSTED EBITDA RECONCILIATION
(Unaudited)

For the Three Months Ended March 31,

(In Thousands)

2026

2025

Net Loss

$

(4,465

)

$

(1,285

)

Interest expense, depreciation and amortization

532

160

EBITDA

$

(3,933

)

$

(1,125

)

Adjustments
Acquisition and integration

-

378

Change in fair value of SAFE notes

-

(612

)

Loss on issuance of shares

(1

)

-

Stock based compensation

2

10

Total Adjustments

1

(224

)

Adjusted EBITDA

$

(3,932

)

$

(1,349

)

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.

Investor Relations Contact

Lucas A. Zimmerman & Ian Scargill
MZ Group - MZ North America
(262) 247-6461
DAIC@mzgroup.us
www.mzgroup.us

SOURCE: Dot Ai



View the original press release on ACCESS Newswire

FAQ

What were Dot Ai (Nasdaq: DAIC) Q1 2026 financial results?

Dot Ai reported a Q1 2026 net loss of $4.5 million and de minimis revenue. According to Dot Ai, gross margin was 78.2%, operating expenses were $4.1 million, and adjusted EBITDA was ‑$3.9 million, reflecting investments and low early-period revenue.

Why was Dot Ai Q1 2026 revenue de minimis compared with 2025 (DAIC)?

Q1 2026 revenue was de minimis versus $0.4 million a year earlier. According to Dot Ai, this reflects a back-end-weighted 2026 plan and a strategic shift from one-time hardware sales to longer-term recurring subscription and hardware deployments later in the year.

What is Dot Ai's 2026 revenue and bookings guidance for DAIC stock?

Dot Ai reaffirmed 2026 revenue guidance of $6.0–$7.5 million and bookings guidance of $12–$15 million. According to Dot Ai, results are expected to be back-end weighted as subscription contracts ramp, supporting a growing mix of recurring SaaS revenue for the business.

How is Dot Ai transitioning to recurring SaaS revenue in 2026 (DAIC)?

Dot Ai is shifting from hardware-led sales to recurring subscription SaaS revenue. According to Dot Ai, commercial deployment of its generation 3.0 Asset Intelligence platform and scaling hardware installations are intended to drive subscription contracts and boost recurring revenue in the second half of 2026.

What does Dot Ai's 78.2% Q1 2026 gross margin indicate for DAIC investors?

Dot Ai reported a Q1 2026 gross margin of 78.2% on revenue. According to Dot Ai, this margin reflects the underlying strength of its model, even as overall gross profit declined due to low revenue and customer deployments weighted to later in 2026.

How did Dot Ai's Q1 2026 operating expenses and net loss change year over year (DAIC)?

Operating expenses rose to $4.1 million and net loss to $4.5 million in Q1 2026. According to Dot Ai, higher costs stemmed from public-company expenses, commercial team expansion, and platform investment, partly offset by cost controls implemented during the quarter.

What upcoming 2026 catalysts did Dot Ai highlight for DAIC shareholders?

Dot Ai pointed to a back-half 2026 ramp in subscription contracts and deployments as key catalysts. According to Dot Ai, expanding enterprise relationships, partner ecosystem activity, and growth in recurring SaaS revenue are expected to drive its forecast revenue and bookings ranges.