Cycurion, Inc. (CYCU) reported major operational progress alongside announcing a 1-for-8 reverse stock split to address listing requirements. Management emphasizes that business fundamentals have strengthened significantly.
Gross margin expanded from 6.1% in the second quarter of 2025 to 29.1% in the second quarter of 2026, and net debt has been reduced by more than half since year-end 2024. Cycurion closed the Secuvant and Digital Ally/Kustom acquisitions, adding more than 800 agency clients and new intellectual property.
The company signed a 10-year, $54.6 million award supporting HHS, expected to contribute more than $5 million in annual recurring revenue starting this November. Management cites $15–17 million of firmly committed revenue in each of 2026, 2027, and 2028, plus a $34 million open pipeline. The board also authorized a $500,000 share repurchase program. Cycurion’s target is break-even, profitability, and a cash-positive operating position by the second quarter of 2027.
Cycurion, Inc. (CYCU) approved and implemented a reverse stock split of its common stock at a 1-for-8 ratio. The reverse split becomes effective with the commencement of business on August 28, 2026, when CYCU shares begin trading on a split-adjusted basis on the Nasdaq Global Market under the same ticker.
Every eight issued and outstanding common shares will be combined into one share, keeping the $0.0001 par value and the total authorized share count unchanged. Issued and outstanding shares will decrease from approximately 25,840,335 to approximately 3,230,041. The move is intended to help maintain compliance with Nasdaq’s minimum bid price requirement. No fractional shares will be issued; instead, eligible holders receive a cash payment based on the prior trading day’s closing price, and all equity-based awards and convertible securities will be adjusted proportionately.
Cycurion, Inc. (CYCU) had its Chief Administrative Officer, Angela Nicole Wier, file an initial statement of beneficial ownership on Form 3 as an officer of the company. The filing does not report any buy, sell, or derivative transactions and includes no transaction history data.
Cycurion, Inc. (CYCU) filed an initial statement of beneficial ownership (Form 3) for Ana Lucia Garcia, who serves as Chief Financial Officer. The filing identifies her as an officer and reports no buy, sell, or other share transactions or derivative positions in this submission.
Cycurion, Inc. (CYCU) reports that the U.S. Patent and Trademark Office has granted U.S. Patent No. 12,711,989 covering a system for managing multiple data recording devices, extending the patent family behind its VuLink® automatic cross-activation and synchronized recording technology acquired with the Digital Ally video solutions business.
The patent supports automatic, simultaneous activation and time-stamped synchronization across compatible body-worn and in-car cameras, aiming to strengthen evidentiary records for more than 800 law enforcement and municipal clients added through the Digital Ally acquisition. This capability runs on existing deployed systems, potentially deepening adoption within the current customer base.
Cycurion highlights that the Digital Ally video solutions acquisition, completed on August 3, 2026, added more than $5 million in annual revenue and over $1.2 million in EBITDA, bringing the company’s pro forma gross revenue run rate to approximately $30 million. Management positions the expanded patent portfolio of more than 50 patents, including this grant, as strengthening its combined public safety and AI-driven cybersecurity platform.
Cycurion, Inc. (CYCU) filed an amended report primarily to correct dates in an exhibit and to furnish two press releases describing strategic moves. The Board authorized a discretionary share repurchase program of up to $500,000 over 12 months, with each repurchase subject to Chief Financial Officer approval and liquidity and other constraints, and with no obligation to buy any specific amount.
Management highlighted the recent acquisition of the Kustom Entertainment video-solutions business, which is expected to add more than $5 million in annual revenue and over $1.2 million in EBITDA, contributing to a pro forma gross revenue run rate of approximately $30 million, alongside a previously announced $54.6 million contract. A second press release announced U.S. Patent No. 12,705,983 for fleet driver analytics, extending Cycurion’s video and evidence platform into the commercial fleet telematics space within a global market estimated at $102 billion in 2026, projected to reach $199 billion by 2034.
Cycurion, Inc. (CYCU) disclosed two key developments. First, the Board authorized a share repurchase program of up to $500,000 over the next 12 months. Repurchases may occur in open-market or other lawful transactions, are subject to market conditions, liquidity, financing restrictions, and require prior approval of the CFO, who may withhold approval in their sole discretion. The authorization is a discretionary ceiling, does not obligate Cycurion to repurchase any shares, and may be modified, suspended, or terminated at any time. Any repurchases will comply with Delaware law and will be reported in future SEC filings.
Second, Cycurion announced U.S. Patent No. 12,705,983 covering fleet driver analytics for its Digital Ally video platform, positioning it to pursue a portion of the global vehicle telematics market, which one third-party source estimates at about $102 billion in 2026 and $199 billion by 2034. Management reiterated that the Kustom Entertainment video-solutions acquisition is expected to add more than $5 million in annual revenue and over $1.2 million in EBITDA, and, together with prior deals and a $54.6 million contract, contribute to an annualized revenue run rate of approximately $30 million. The company now holds more than 50 related patent assets and serves over 800 law enforcement and municipal clients, and views the buyback and patent as elements of a broader capital-allocation and growth strategy, subject to the extensive risks outlined in its forward-looking statements.
Cycurion, Inc. reported second-quarter 2026 revenue of $3.8 million, slightly above Wall Street consensus of $3.62 million and essentially flat with $3.9 million a year earlier. Gross profit was $1.1 million, and gross margin rose to 29.1% from 6.1% in the prior-year quarter, a nearly five-fold improvement.
Net loss was $(4.0) million versus $(5.3) million a year ago, or $(0.41) per share compared with $(4.31) per share. Adjusted EBITDA improved to $(1.4) million from $(2.1) million. Net debt fell 28% to $5.8 million. Cycurion highlighted a $54.6 million, 10-year contract expected to generate more than $5 million in annual recurring revenue starting November 2026, plus acquisitions of Secuvant and Kustom Entertainment’s video solutions business that together support an estimated $30 million revenue run rate. The company is pursuing 122 opportunities with about $34 million potential first-year contract value and continues cost-reduction initiatives expected to deliver over $2.2 million in annual savings.
Cycurion, Inc. reported an update on its Nasdaq listing compliance process. The company confirmed that its hearing before the Nasdaq Hearings Panel is scheduled for August 20, 2026 at 10:00 a.m. Eastern Time. Until the Panel issues a final written decision, Cycurion’s timely request for a hearing has stayed the delisting action to the extent permitted by Nasdaq rules, and the company’s common stock continues to trade on the Nasdaq Capital Market under the symbol CYCU. The company emphasized that it does not expect a final written decision on the hearing date itself and that the timing and outcome of the decision rest solely with the Panel. Cycurion stated it will promptly disclose the Panel’s decision and any other material developments related to its listing status.
Cycurion, Inc. completed the August 3, 2026 acquisition of substantially all assets of Kustom Entertainment’s legacy Digital Ally video-solutions business. Consideration consists of $1,250,000 in cash, a $4,250,000 secured promissory note, up to $1,000,000 of contingent earnout, and Series H Preferred Stock with $600,000 aggregate stated value. The preferred shares carry 12.0% annual dividends and are convertible into common stock at $1.45 per share, with related registration rights and leak-out restrictions on resale of conversion shares.
The acquired business provides in-car and body-worn video systems, digital evidence management and related services. Cycurion states the deal is expected to add more than $5 million in annual revenue and over $1.2 million in EBITDA, expand its base by more than 800 largely public-safety customers and add over 50 patents, bringing its gross revenue run rate to approximately $30 million. Pro forma 2026 figures for the video segment present $5,500,000 of revenue, EBITDA of $938,132, net income of $101,658 and operating cash flow of $650,191.