Here are the 10-Q quarterly reports from SideChannel Inc. (SDCHD) 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-Q covers the quarterly report filed between annual reports, so if you follow SDCHD 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 SDCHD filings page.
SideChannel, Inc. reported weaker results for the quarter and six months ended March 31, 2026, with revenue of $1.6M for the quarter and $3.4M year-to-date, down 16.8% and 11.9% from the prior-year periods. The company posted a quarterly net loss of $444K and a six‑month net loss of $840K, with an accumulated deficit of $21.6M.
Gross margin improved to 53.5% for the quarter and 52.3% year-to-date, helped by higher‑margin Enclave software and better utilization of service staff. However, cash and cash equivalents fell to $311K, and management disclosed that recurring losses, limited liquidity, and forecasted cash needs raise “substantial doubt” about SideChannel’s ability to continue as a going concern without new capital or major cost cuts.
During the period, the company completed a 1‑for‑52 reverse stock split, leaving 4,572,757 common shares outstanding as of March 31, 2026, and allowed certain restrictive 2021 warrants to expire, which management says provides more flexibility to pursue future financing.
SideChannel, Inc. reported a net loss of $396 thousand on revenue of $1.8 million for the quarter ended December 31, 2025, compared with a $195 thousand loss on $1.9 million of revenue a year earlier. Gross margin improved to 51.2% from 45.8%, helped by higher Enclave software and services mix.
Cash and cash equivalents fell to $495 thousand from $1.1 million at the start of fiscal 2026, and operating activities used $570 thousand of cash. Management said conditions initially raised substantial doubt about the company’s ability to continue as a going concern, but it is implementing a cost-reduction program expected to cut annual operating expenses by about $930 thousand and is seeking additional financing.
The company completed a 1-for-52 reverse stock split, leaving 4,446,713 common shares outstanding (4,467,207 as of February 17, 2026), and continues to operate without debt while relying on vCISO services and cybersecurity software, including its Enclave product, as primary revenue drivers.