SideChannel, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.4M | $7.4M | $6.6M | $4.8M | $2.8M | $48.0K | $46.6K | $316.2K |
| Cost of Revenue | $3.8M | $3.9M | $3.2M | $2.5M | $1.5M | — | — | $89.2K |
| Gross Profit | $3.5M | $3.5M | $3.3M | $2.3M | $1.3M | $48.0K | $46.6K | $227.0K |
| Gross Margin | 47.7% | 47.7% | 50.7% | 48.5% | 45.1% | 100.0% | 100.0% | 71.8% |
| Operating Expenses | ||||||||
| Research & Development | $562.0K | $546.0K | $669.0K | $178.0K | $616.7K | $1.7M | $1.7M | $873.1K |
| SG&A Expense | $2.9M | $3.2M | $3.6M | $1.5M | $656.0K | $4.6M | $3.4M | $1.8M |
| Operating Income | $-918.0K | $-940.0K | $-7.4M | $-11.6M | $510.0K | $-6.9M | $-6.8M | $-3.1M |
| Operating Margin | -12.5% | -12.7% | -112.8% | -242.1% | 18.2% | -14,433.7% | -14,682.7% | -985.7% |
| Interest Expense | — | — | — | — | — | — | — | $491.0K |
| Pretax Income | $-878.0K | $-899.0K | $-7.4M | $-11.6M | $513.0K | — | — | — |
| Income Tax Expense | $14.0K | $5.0K | $-379.0K | $195.0K | — | — | — | — |
| Net Income | $-892.0K | $-904.0K | $-7.0M | $-11.8M | $513.0K | $-7.0M | $-6.8M | $-4.4M |
| Net Margin | -12.1% | -12.2% | -106.6% | -245.9% | 18.3% | -14,526.1% | -14,665.3% | -1,397.9% |
| EPS (Basic) | $0.00 | $0.00 | $-0.04 | $-0.07 | $0.01 | $-0.09 | $-0.09 | $-0.10 |
| EPS (Diluted) | $0.00 | $0.00 | $-0.04 | $-0.07 | $-0.03 | $-0.09 | $-0.09 | $-0.10 |
| Shares Outstanding (Basic) | 229.1M | 222.1M | 175.3M | 164.0M | 119.8M | 55.0M | 81.6M | 81.6M |
| Shares Outstanding (Diluted) | 229.1M | 222.1M | 175.3M | 164.0M | 119.8M | 55.0M | 81.6M | 81.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |