SideChannel, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.1M | $6.0K | $42.0K | $3.0M | $348.0K | $1.1M | $7.8M | $14.1M |
| Accounts Receivable | $553.0K | $732.0K | $834.0K | $612.0K | $178.0K | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.1M | $2.6M | $2.4M | $4.1M | $832.0K | $1.3M | $8.0M | $14.1M |
| Property, Plant & Equipment | $17.0K | $33.0K | $30.0K | — | $1.0K | — | $40.2K | $20.1K |
| Goodwill | $1.4M | $1.4M | $1.4M | $1.4M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | $4.9M | — | — | — | — |
| Total Assets | $3.5M | $4.0M | $4.0M | $10.8M | $833.0K | $1.8M | $8.0M | $14.1M |
| Liabilities | ||||||||
| Accounts Payable | $515.0K | $729.0K | $613.0K | $786.0K | $212.0K | $840.2K | $650.7K | $52.0K |
| Total Current Liabilities | $1.3M | $1.2M | $954.0K | $1.2M | $406.0K | $1.2M | $821.4K | $124.5K |
| Long-Term Debt | — | — | — | — | — | $365.4K | — | — |
| Total Liabilities | $1.3M | $1.2M | $954.0K | $1.4M | $406.0K | $2.0M | $821.4K | $124.5K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-20.7M | $-19.8M | $-18.9M | $-11.9M | $344.0K | $-68.4M | $-61.5M | $-54.6M |
| Total Stockholders' Equity | $2.1M | $2.7M | $3.0M | $9.4M | $427.0K | $214.0K | $7.2M | $14.0M |