Dyadic International Reports Q1 2025 Cash and Stock Grants
Ticker: DYAI · Form: 10-Q · Filed: May 14, 2025 · CIK: 1213809
| Field | Detail |
|---|---|
| Company | Dyadic International Inc (DYAI) |
| Form Type | 10-Q |
| Filed Date | May 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, compensation, stock-grants, cash-equivalents
TL;DR
Dyadic has $7.3M cash, gave out stock instead of cash bonuses/pay. #compensation #cashburn
AI Summary
Dyadic International Inc. filed a 10-Q for the period ending March 31, 2025. The company reported $7,349,413 in cash and cash equivalents. On January 2, 2025, Dyadic granted restricted stock units to its Board of Directors and executives, totaling 96,984 units vesting in one year and 133,039 units vesting immediately, in lieu of cash compensation and bonuses.
Why It Matters
This filing details Dyadic's financial position and compensation strategies, including stock-based incentives, which can impact future dilution and executive motivation.
Risk Assessment
Risk Level: medium — The company's reliance on stock-based compensation and the details of its cash position warrant a medium risk assessment.
Key Numbers
- $7,349,413 — Cash and Cash Equivalents (As of the end of Q1 2025)
- 96,984 — Restricted Stock Units (Board) (Granted Jan 2, 2025, vesting in one year)
- 133,039 — Restricted Stock Units (Executives) (Granted Jan 2, 2025, vesting immediately)
Key Players & Entities
- DYADIC INTERNATIONAL INC (company) — Filer
- March 31, 2025 (date) — Reporting period end date
- $7,349,413 (dollar_amount) — Cash and cash equivalents
- January 2, 2025 (date) — Date of stock unit grants
- 96,984 (dollar_amount) — Restricted stock units granted to Board of Directors
- 133,039 (dollar_amount) — Restricted stock units granted to executives and key personnel
FAQ
What was Dyadic International's cash and cash equivalents balance as of March 31, 2025?
As of March 31, 2025, Dyadic International reported $7,349,413 in cash and cash equivalents.
When were the restricted stock units granted to the Board of Directors and executives?
The restricted stock units were granted on January 2, 2025.
How many restricted stock units were granted to the Board of Directors and what is their vesting schedule?
96,984 restricted stock units were granted to the Board of Directors, vesting upon the one-year anniversary.
How many restricted stock units were granted to executives and key personnel, and what is their vesting schedule?
An aggregate of 133,039 restricted stock units were granted to executives and key personnel, vesting in full.
What was the reason for granting restricted stock units instead of cash compensation?
The restricted stock units were granted as a result of a reduction in director cash compensation for 2025 and in lieu of cash bonus earned for the year ended December 31, 2024.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding DYADIC INTERNATIONAL INC (DYAI).