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Dyadic International (DYAI)

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Dyadic International, Inc. is a biotechnology platform company built around the production of proteins using its C1 gene expression system. The platform is based on the fungus Thermothelomyces heterothallica and is designed to manufacture enzymes, vaccines, antibodies, and other recombinant proteins efficiently at commercial scale.

The company originally applied its technology to industrial biotechnology, where high-volume enzyme production is important for markets such as biofuels, food processing, animal health, and other industrial applications. Dyadic has licensed aspects of its technology to third parties for non-pharmaceutical uses, including well-known industrial partners. Over time, the company has also directed more attention toward biopharmaceutical applications, where faster and potentially lower-cost protein production can be valuable.

Dyadic’s C1 platform is intended to offer advantages in speed, scalability, and yield compared with some conventional expression systems. In healthcare, those attributes may be relevant for vaccine development, monoclonal antibodies, and other biologic products that require reliable manufacturing. The company typically operates through research collaborations, licensing arrangements, and partnerships rather than by marketing a large portfolio of finished medicines on its own.

For investors, Dyadic represents a platform-technology biotechnology stock rather than a single-product drug developer. Its value depends on whether partners can validate and adopt the C1 system for commercial applications, particularly in regulated pharmaceutical markets where manufacturing standards, safety data, and process consistency are critical.

The company’s distinctive feature is its focus on improving how complex proteins are produced. If its platform gains broader acceptance, Dyadic could play a role in enabling faster or more economical manufacturing across industrial biotech and biologics, though adoption depends on technical performance, regulatory acceptance, and partner execution.

1.47 USD
1.52 USD
+0.26 (+21.49%)
After-hours

Last updated

Market Cap
$44,090,831
P/E
P/FCF
P/S
11.58
Enterprise Value
$44,876,987
Sector
Materials
Industry
Biological Products, Except Diagnostic Substances
Address
1044 NORTH U.S. HIGHWAY ONE, JUPITER, FL, 33477
Market Cap
$44,090,831
Enterprise Value
$44,876,987
P/E
P/B
-108.14
P/S
11.58
EV / EBITDA
-6.34
EV / Sales
11.79
EPS
-0.2
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
1,788.36%
ROA
-93.37%
Debt / Equity
-12.34
Current Ratio
2.13
Quick Ratio
2.13
Cash
1.33
Avg Volume
$221,481
Fundamentals Snapshot Price
1.21

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 1.11M 565.53K 1.16M 966.63K 393.57K
Cost of revenue 791.84K 384.61K 1.02M 613.59K 297.66K
Gross profit 319.12K 180.92K 140.61K 353.04K 95.91K
Operating income -1.91M -1.52M -1.91M -1.71M -2M
EBITDA -1.92M -1.53M -1.92M -1.72M -2.01M
Net income -1.95M -1.57M -1.98M -1.79M -2.03M
Interest expense -109.18K -114.39K -114.11K -113.83K -113.56K
Other operating expenses 0 0 0 0 0
Total operating expenses 2.23M 1.71M 2.05M 2.07M 2.09M
Basic EPS -0.05 -0.06 -0.06 -0.06 -0.07
Diluted EPS -0.05 -0.06 -0.06 -0.06 -0.07

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 7.81M 9.95M 11.67M 8.14M 7.89M
Total liabilities 8.22M 8.71M 9.07M 8.67M 6.97M
Total equity -407.73K 1.23M 2.61M -529.7K 923.61K
Cash & equivalents 4.25M 4.62M 5.83M 2.14M 5.06M
Current assets 6.79M 8.67M 10.22M 5.82M 7.81M
Current liabilities 3.18M 3.69M 4.05M 3.66M 1.96M
Accounts payable 1.06M 852.02K 1.21M 738.79K 448.39K
Receivables 1.01M 1.13M 950.69K 750.05K 244.93K
Long-term debt 5.03M 5.03M 2.95M 3.93M 4.99M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -1.96M -1.77M -1.85M -130.02K -1.95M
Investing cash flow 1.27M 468.16K 93.44K -961.62K 482.1K
Financing cash flow -1 4.94M 0 24.25K
Change in cash -697.77K -1.3M 3.18M -1.09M -1.44M
Net income -1.95M -1.57M -1.98M -1.79M -2.03M
Kind Filing Date Link
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edgar index 4 — DYADIC INTERNATIONAL INC View Filing
edgar index 8-K — DYADIC INTERNATIONAL INC View Filing
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edgar index SCHEDULE 13G/A — DYADIC INTERNATIONAL INC View Filing
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