Dyadic International, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 0.978052 million compared to USD 0.648427 million a year ago. Net loss was USD 0.956444 million compared to USD 2.49 million a year ago.

Basic loss per share from continuing operations was USD 0.03 compared to USD 0.09 a year ago.