---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016675"
form_type: "8-K"
ticker: "DYAI"
cik: "0001213809"
company_name: "DYADIC INTERNATIONAL INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:21:04.655233+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Dyadic Q1 2024 net loss $2.01M ($0.07/share), revenue $335K; cash $12.1M; Phase 1 COVID booster successful

## Summary
- Net loss $2.01M ($0.07 per share) vs $0.956M ($0.03) in Q1 2023; revenue down to $335K from $934K.
- Cash and securities $12.1M as of Mar 31, 2024, up from $7.3M at Dec 31, 2023.
- Phase 1 trial of DYAI-100 COVID booster completed; met safety and antibody response endpoints.
- Issued $6.0M convertible notes (8%, due 2027) on Mar 8, 2024; appointed Patrick Lucy Chairman and Joe Hazelton COO.
- Multiple collaborations with top pharma, ViroVax for H5N1 vaccine, and other partnerships.

## SEC filing metadata
- accession: 0001437749-24-016675
- form_type: 8-K
- ticker: DYAI
- cik: 0001213809
- company_name: DYADIC INTERNATIONAL INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1213809/000143774924016675/0001437749-24-016675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1213809/000143774924016675/dyai20240120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016675
- JSON: https://secwatch.observer/filing/0001437749-24-016675.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016675.txt

## Key facts
- Earnings Releases
  DYADIC INTERNATIONAL INC reported financial results for first quarter of 2024.
  - Period: first quarter of 2024
  - Result: reported results
  source text: On May 14, 2024, Dyadic International, Inc. (“Dyadic”) issued a press release announcing its results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1213809/000143774924016675/0001437749-24-016675-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.