| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306K | — | +758.1% |
| Cost of Revenue | $146K | — | +93.1% |
| SG&A Expense | $231K | — | +108.8% |
| Operating Income | -$887K | — | -118.1% |
| Income Tax | $0 | — | — |
| Net Income | -$1.1M | — | -113.1% |
| EPS (Basic) | -$0.25 | — |
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Accounts Receivable | $76K | -25.2% | — |
| Current Assets | $2.1M | -23.8% | — |
| Total Assets | $5.3M | -13.7% | — |
| Current Liabilities | $424K | +31.9% | — |
| Total Liabilities | $424K | +31.9% | — |
| Stockholders' Equity | $4.9M |
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$778K | — | -300.9% |
| Investing Cash Flow | -$181K | — | -53.3% |
Business Overview
VIDA Global Inc. is a SaaS provider delivering a cloud-based AI agent operating system that enables enterprises, service providers, and resellers to build, deploy, and manage omnichannel AI agents handling voice calls, text messages, emails, and web chat while automating business workflows. The company derives substantially all revenue from subscription and usage-based fees tied to its single AI Agent Operating System platform, with a partner-led distribution strategy focused on telecom providers, managed service providers, and small to medium-sized businesses. During the period, revenue increased significantly to $306,032 from $35,663 in the prior year quarter, though the company continues to operate at a loss.
Segment Performance
The company operates as a single operating segment. For the three months ended March 31, 2026 versus 2025: Revenue increased to $306,032 from $35,663 (758% increase); Cost of revenue (exclusive of amortization) was $146,487 versus $75,859; Operating loss widened to $(886,888) from $(406,695); Net loss increased to $(1,112,244) from $(522,033); Sales and marketing expenses more than doubled to $231,172 from $110,712; and General and administrative expenses increased significantly to $631,113 from $134,590.
Forward Guidance
"Statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, including, among others, statements regarding liquidity, growth and profitability strategies and factors and trends affecting our business are forward-looking statements." The filing includes extensive forward-looking statements regarding future financial performance, revenue growth, profitability achievement, ability to attract and retain customers, international expansion, AI platform development and scaling, new product development and market introduction, sales and marketing effectiveness, capital availability, competitive positioning, regulatory compliance, and general macroeconomic conditions, but does not provide specific quantitative guidance or targets for future periods.
| -56.3% |
| EPS (Diluted) | -$0.25 | — | -56.3% |
| -16.2% |
| +53.3% |
Key Risk Factors
The company faces significant risks including limited operating history with an evolving AI-focused business model making it difficult to forecast results; potential operational, reputational, and regulatory damage from AI-powered solutions including emerging attack vectors like prompt injection and model jailbreaking; dependence on a small number of rapidly evolving foundation model providers whose technology and business terms are not controlled; reliance on third-party technologies and service providers for models, speech, telephony, and cloud infrastructure where disruptions could harm functionality and costs; and identified material weakness in internal control over financial reporting that may not be successfully remediated.