Here are the 10-K annual reports from SideChannel Inc (SDCH) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SDCH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SDCH filings page.
SideChannel, Inc. is a Delaware-based cybersecurity advisory and software company focused on mid-market and emerging businesses. It provides virtual Chief Information Security Officer (vCISO) services and cybersecurity software and services, including its proprietary Enclave platform for zero trust network segmentation and machine-identity-based access control.
For the year ended September 30, 2025, research and development spending was $562 thousand and selling and marketing expenses were $966 thousand, reflecting continued investment in Enclave and client acquisition. As of September 30, 2025, the company had 23 full-time employees and approximately 15 independent contractors, and an accumulated deficit of $20.7 million. Management believes existing cash will fund operations through at least December 2026, but the company may need additional capital, which could dilute existing stockholders.
SideChannel’s common stock trades on the OTCQB, with an aggregate market value of non‑affiliate common equity of approximately $5.0 million on March 31, 2025 based on a $0.04 share price and 231,229,054 shares outstanding as of December 17, 2025. The filing highlights intense competition from larger cybersecurity vendors, dependence on consulting and vCISO services, thin trading and penny stock status, warrant anti‑dilution provisions, and previously identified internal control weaknesses as key risks.