2024 Q4 Form 10-Q Financial Statement

#000143774924034545 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.958M
YoY Change 393.0%
Cost Of Revenue $395.9K
YoY Change 273.95%
Gross Profit $1.562M
YoY Change 436.28%
Gross Profit Margin 79.78%
Selling, General & Admin $1.298M
YoY Change 1.4%
% of Gross Profit 83.12%
Research & Development $460.2K
YoY Change -35.75%
% of Gross Profit 29.47%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $460.2K
YoY Change -35.75%
Operating Profit -$202.6K
YoY Change -88.22%
Interest Expense -$6.850K
YoY Change -106.47%
% of Operating Profit
Other Income/Expense, Net -$846.00
YoY Change -100.8%
Pretax Income -$203.5K
YoY Change -87.36%
Income Tax
% Of Pretax Income
Net Earnings -$203.5K
YoY Change -87.4%
Net Earnings / Revenue -10.39%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$0.01
COMMON SHARES
Basic Shares Outstanding 29.59M 29.48M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.922M
YoY Change 21.3%
Cash & Equivalents $5.922M
Short-Term Investments $4.001M
Other Short-Term Assets $374.2K
YoY Change -22.04%
Inventory
Prepaid Expenses
Receivables $352.9K
Other Receivables $40.84K
Total Short-Term Assets $10.69M
YoY Change 17.63%
LONG-TERM ASSETS
Property, Plant & Equipment $104.9K
YoY Change -30.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.33K
YoY Change -29.19%
Total Long-Term Assets $115.2K
YoY Change -31.28%
TOTAL ASSETS
Total Short-Term Assets $10.69M
Total Long-Term Assets $115.2K
Total Assets $10.81M
YoY Change 16.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $561.8K
YoY Change -6.39%
Accrued Expenses $839.4K
YoY Change 35.34%
Deferred Revenue $514.5K
YoY Change 3602.12%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.077M
YoY Change 42.53%
LONG-TERM LIABILITIES
Long-Term Debt $5.268M
YoY Change
Other Long-Term Liabilities $48.09K
YoY Change -67.94%
Total Long-Term Liabilities $5.316M
YoY Change 3444.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.077M
Total Long-Term Liabilities $5.316M
Total Liabilities $7.394M
YoY Change 361.22%
SHAREHOLDERS EQUITY
Retained Earnings -$84.54M
YoY Change 8.09%
Common Stock $41.84K
YoY Change 1.89%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.90M
YoY Change -0.16%
Treasury Stock Shares
Shareholders Equity $3.412M
YoY Change
Total Liabilities & Shareholders Equity $10.81M
YoY Change 16.75%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$203.5K
YoY Change -87.4%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$201.1K
YoY Change -89.74%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$11.98K
YoY Change -100.34%
Cash From Investing Activities -$11.98K
YoY Change -100.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -201.1K
Cash From Investing Activities -11.98K
Cash From Financing Activities 0.000
Net Change In Cash -213.0K
YoY Change -113.57%
FREE CASH FLOW
Cash From Operating Activities -$201.1K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
DYADIC INTERNATIONAL INC
dei Entity Central Index Key
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CY2024Q3 ecd Trd Arr Ind Title
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Chief Operating Officer
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Joseph Hazelton
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EntityIncorporationStateCountryCode
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EntityAddressCityOrTown
Jupiter
dei Entity Address State Or Province
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dei Security12b Title
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dei Trading Symbol
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us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
8373000 usd
us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
60977 usd
us-gaap Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
1293760 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3139528 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7415742 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5824326 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
199 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3463 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-593414 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1608904 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6515028 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5794272 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5921614 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7403176 usd
dyai Vesting Of Restricted Stock
VestingOfRestrictedStock
664086 usd
dyai Vesting Of Restricted Stock
VestingOfRestrictedStock
342186 usd
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
600000 usd
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
0 usd
us-gaap Interest Paid Net
InterestPaidNet
149778 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
156983 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"><b><i>Use of Estimates</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">The preparation of these consolidated financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amount of assets and liabilities and related disclosure of contingent assets and liabilities at the date of our consolidated financial statements and the reported amounts of revenues and expenses during the applicable period. Estimates inherent in the preparation of these consolidated financial statements include, but are <em style="font: inherit;">not</em> limited to, estimates related to revenue recognition, accrued expenses, stock-based compensation expense, and income taxes. The Company bases its estimates on historical experience and other market specific or other relevant assumptions it believes to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates as there are changes in circumstances, facts, and experience. Actual results <em style="font: inherit;"> may </em>differ from these estimates under different assumptions or conditions. Such differences could be material to the consolidated financial statements.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"><b><i>Concentrations and Credit Risk</i></b></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:18pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;">The Company’s financial instruments that are potentially subject to concentrations of credit risk consist primarily of cash and cash equivalents, investment securities, and accounts receivable. At times, the Company has cash, cash equivalents, and investment securities at financial institutions exceeding the Federal Depository Insurance Company (“FDIC”) and the Securities Investor Protection Corporation (“SIPC”) insured limit on domestic currency and the Netherlands’ FDIC counterpart for foreign currency. The Company currently deals with <em style="font: inherit;">four</em> reputable financial institutions and has <em style="font: inherit;">not</em> experienced any losses in those accounts. </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="background-color:#ffffff;">For the <em style="font: inherit;">three</em> months ended </span><em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, the Company’s revenue was generated from </span><span style="-sec-ix-hidden:c120651066"><span style="background-color:#ffffff;">t</span>en</span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650890">seven</span><span style="background-color:#ffffff;"> customers, respectively. For the </span><em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, the Company’s revenue was generated from </span><span style="-sec-ix-hidden:c120650894">sixteen</span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650895">thirteen</span><span style="background-color:#ffffff;"> customers, respectively. Significant customers are those that account for greater than <em style="font: inherit;">10%</em> of the Company’s revenues. For the <em style="font: inherit;">three</em> months ended </span><em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, </span><span style="-sec-ix-hidden:c120650901">two</span><span style="background-color:#ffffff;"> and <span style="-sec-ix-hidden:c120650903">four</span> significant customers accounted for $</span>1,358,000<span style="background-color:#ffffff;"> or </span>69.4%<span style="background-color:#ffffff;"> and $</span>297,000<span style="background-color:#ffffff;"> or </span>74.8%<span style="background-color:#ffffff;">% of revenue, respectively. For the </span><em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, </span><span style="-sec-ix-hidden:c120650913"><span style="-sec-ix-hidden:c120651048">two</span></span><span style="background-color:#ffffff;"> significant customers accounted for $</span>1,450,000<span style="background-color:#ffffff;"> or </span>54.1%<span style="background-color:#ffffff;"> and $1,137,000 or 51.4% of revenue, respectively. </span></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="background-color:#ffffff;">As of </span><em style="font: inherit;"> September 30, 2024</em><span style="background-color:#ffffff;"> and </span><em style="font: inherit;"> December 31, 2023</em><span style="background-color:#ffffff;">, accounts receivable was from <span style="-sec-ix-hidden:c120650920">nine</span></span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650921">thirteen</span><span style="background-color:#ffffff;"> customers, of which, </span><span style="-sec-ix-hidden:c120650922">four</span><span style="background-color:#ffffff;"> customers accounted for $</span>262,000<span style="background-color:#ffffff;"> or </span>74.1%<span style="background-color:#ffffff;"> and $336,000 or 72.0% of total accounts receivable, respectively. The loss of business from <em style="font: inherit;">one</em> or a combination of the Company’s customers could adversely affect its operations.</span></p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt; text-align: justify;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"><span style="background-color:#ffffff;">The Company conducts operations in the Netherlands through its foreign subsidiary and generates a portion of its revenues from customers that are located outside of the United States. For the <em style="font: inherit;">three</em> months ended </span><em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, the Company had </span><span style="-sec-ix-hidden:c120650932">four</span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650934">three</span><span style="background-color:#ffffff;"> customers outside of the United States (i.e., European customers) that accounted for </span>$550,000<span style="background-color:#ffffff;"> or </span>28.1%<span style="background-color:#ffffff;"> and </span>$127,000<span style="background-color:#ffffff;"> or </span>32.0%<span style="background-color:#ffffff;"> of revenue, respectively. For the </span><em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, the Company had </span><span style="-sec-ix-hidden:c120650942">eight</span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650944">four</span><span style="background-color:#ffffff;"> customers outside of the United States (i.e., European customers) that accounted for </span>$854,000<span style="background-color:#ffffff;"> or </span>31.9%<span style="background-color:#ffffff;"> and </span>$314,000<span style="background-color:#ffffff;"> or </span>14.2%<span style="background-color:#ffffff;"> of revenue, respectively. </span></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"><span style="background-color:#ffffff;">As of </span><em style="font: inherit;"> September 30, 2024</em><span style="background-color:#ffffff;"> and </span><em style="font: inherit;"> December 31, 2023</em><span style="background-color:#ffffff;">, the Company had </span>five<span style="background-color:#ffffff;"> and <span style="-sec-ix-hidden:c120650951">six</span> </span><span style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="background-color:#ffffff;">cus</span></span><span style="background-color:#ffffff;">tomers outside of the United States (i.e., European customers) that accounted for </span>$167,000<span style="background-color:#ffffff;"> </span><span style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="background-color:#ffffff;">or </span>47.2%<span style="background-color:#ffffff;"> and </span></span>$213,000<span style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="background-color:#ffffff;"> or </span></span>45.6%<span style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><span style="background-color:#ffffff;"> of accou</span></span><span style="background-color:#ffffff;">nts receivable, respectively.</span></p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-indent: 36pt; text-align: justify;"><span style="background-color:#ffffff;">The Company uses several contract research organizations (“CROs”) to conduct its research projects. For the <em style="font: inherit;">three</em> months ended </span><em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, </span><span style="-sec-ix-hidden:c120650960">two</span><span style="background-color:#ffffff;"> and <span style="-sec-ix-hidden:c120650961">three</span> CROs accounted for </span>$690,000<span style="background-color:#ffffff;"> or </span>94.6%<span style="background-color:#ffffff;"> and </span>$977,000<span style="background-color:#ffffff;"> or </span>93.4%<span style="background-color:#ffffff;"> of total research services we purchased, respectively. For the </span><em style="font: inherit;">nine</em> months ended <em style="font: inherit;"> September 30, 2024 </em>and <em style="font: inherit;">2023</em><span style="background-color:#ffffff;">, <span style="-sec-ix-hidden:c120650970">two</span> and <span style="-sec-ix-hidden:c120650971">three</span> CROs accounted for </span>$ 1,647,000<span style="background-color:#ffffff;"> or </span>92.0%<span style="background-color:#ffffff;"> and </span>$3,639,000<span style="background-color:#ffffff;"> or </span>96.4%<span style="background-color:#ffffff;"> of total research services we purchased, respectively. As of </span><em style="font: inherit;"> September 30, 2024</em><span style="background-color:#ffffff;"> and </span><em style="font: inherit;"> December 31, 2023</em><span style="background-color:#ffffff;">, </span><span style="-sec-ix-hidden:c120650977">two</span><span style="background-color:#ffffff;"> and </span><span style="-sec-ix-hidden:c120650978">three</span><span style="background-color:#ffffff;"> CROs accounted for </span>$341,000<span style="background-color:#ffffff;"> or </span>60.8%<span style="background-color:#ffffff;"> and $620,000 or 94.4% of accounts payable, respectively. The loss of <em style="font: inherit;">one</em> CRO or a combination of the Company’s CROs could adversely affect its operations.</span></p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-indent: 36pt; text-align: justify;"> </p> <p style="margin: 0pt 0pt 0pt 18pt; font-family: &quot;Times New Roman&quot;; font-size: 10pt;"></p>
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
352934 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
466159 usd
CY2024Q3 dyai Research And Development In Process Current
ResearchAndDevelopmentInProcessCurrent
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CY2023Q4 dyai Research And Development In Process Current
ResearchAndDevelopmentInProcessCurrent
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LegalExpensesPayableCurrent
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CY2023Q4 dyai Legal Expenses Payable Current
LegalExpensesPayableCurrent
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CY2024Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
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CY2023Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
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CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
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CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
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CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
442604 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
561720 usd
CY2024Q3 dyai Accrued Research And Development In Process Current
AccruedResearchAndDevelopmentInProcessCurrent
372456 usd
CY2023Q4 dyai Accrued Research And Development In Process Current
AccruedResearchAndDevelopmentInProcessCurrent
274080 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
13000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
210004 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
11360 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
11360 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
839420 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1057164 usd
CY2024Q3 dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
336068000 usd
CY2023Q3 dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
556042000 usd
dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
1119502000 usd
dyai Research And Development Expense Outside Contracted Services
ResearchAndDevelopmentExpenseOutsideContractedServices
1947228000 usd
CY2024Q3 dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
121081000 usd
CY2023Q3 dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
147426000 usd
dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
334297000 usd
dyai Research And Development Expense Personnel Related Costs
ResearchAndDevelopmentExpensePersonnelRelatedCosts
447034000 usd
CY2024Q3 dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
3092000 usd
CY2023Q3 dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
12883000 usd
dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
44794000 usd
dyai Research And Development Expense Facilities Overhead And Other
ResearchAndDevelopmentExpenseFacilitiesOverheadAndOther
50207000 usd
CY2024Q3 dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
460241000 usd
CY2023Q3 dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
716351000 usd
dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
1498593000 usd
dyai Research And Development Expense Including Related Party
ResearchAndDevelopmentExpenseIncludingRelatedParty
2444469000 usd
CY2024Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
17700000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
16400000 usd
dyai Deferred Tax Assets Valuation Allowance Coverage Percent
DeferredTaxAssetsValuationAllowanceCoveragePercent
1 pure
CY2024Q3 us-gaap Cash
Cash
1095858 usd
CY2024Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
4825756 usd
CY2024Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
5921614 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2024Q3 dyai Cash Cash Equivalents And Investments Fair Value
CashCashEquivalentsAndInvestmentsFairValue
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CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
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CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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CY2024Q3 us-gaap Investments And Cash
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CY2023Q4 us-gaap Cash
Cash
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CY2023Q4 us-gaap Money Market Funds At Carrying Value
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CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6515028 usd
CY2023Q4 dyai Cash Cash Equivalents And Investments Fair Value
CashCashEquivalentsAndInvestmentsFairValue
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CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
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CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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0 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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185 usd
CY2023Q4 us-gaap Investments And Cash
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CY2024Q3 dyai Debt Securities Heldtomaturity Securities Purchased Discount
DebtSecuritiesHeldtomaturitySecuritiesPurchasedDiscount
9023 usd
CY2023Q3 dyai Debt Securities Heldtomaturity Securities Purchased Discount
DebtSecuritiesHeldtomaturitySecuritiesPurchasedDiscount
1148 usd
dyai Debt Securities Heldtomaturity Securities Purchased Discount
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70495 usd
dyai Debt Securities Heldtomaturity Securities Purchased Discount
DebtSecuritiesHeldtomaturitySecuritiesPurchasedDiscount
33982 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
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0.0356 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0461 pure
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5469247
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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3.08
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y7M28D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
322738 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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837600
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.31
us-gaap Stock Issued During Period Shares Stock Options Exercised
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30000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2.1
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
73312
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.73
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5845035
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.96
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M25D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3500 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4458123
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.19
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M17D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3500 usd
CY2024Q3 us-gaap Stock Granted During Period Value Sharebased Compensation Forfeited
StockGrantedDuringPeriodValueSharebasedCompensationForfeited
9000 usd
us-gaap Stock Granted During Period Value Sharebased Compensation Forfeited
StockGrantedDuringPeriodValueSharebasedCompensationForfeited
50000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
247390 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
281307 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
851471 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
946262 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
247390 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
281307 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
851471 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
946262 usd
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
335195
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
12253502
CY2024Q3 us-gaap Treasury Stock Value
TreasuryStockValue
18900000 usd

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0001437749-24-034545.txt Edgar Link pending
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dyai20240930c_10q.htm Edgar Link pending
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