Financial Snapshot

Revenue
$7.168M
TTM
Gross Margin
48.55%
TTM
Net Earnings
-$5.514M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
242.53%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$2.828M
Q2 2024
Cash
Q2 2024
P/E
-1.703
Sep 18, 2024 EST
Free Cash Flow
-$393.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $6.572M $4.789M $20.00K $50.00K $50.00K $320.0K $470.0K $340.0K $0.00 $0.00 $520.0K $490.0K $0.00 $0.00 $360.0K $670.0K $620.0K $230.0K $70.00K $80.00K $60.00K $0.00 $880.0K $0.00 $0.00 $0.00
YoY Change 37.23% 23845.0% -60.0% 0.0% -84.38% -31.91% 38.24% -100.0% 6.12% -100.0% -46.27% 8.06% 169.57% 228.57% -12.5% 33.33% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue $6.572M $4.789M $20.00K $50.00K $50.00K $320.0K $470.0K $340.0K $0.00 $0.00 $520.0K $490.0K $0.00 $0.00 $360.0K $670.0K $620.0K $230.0K $70.00K $80.00K $60.00K $0.00 $880.0K $0.00 $0.00 $0.00
Cost Of Revenue $3.240M $2.468M $0.00 $90.00K $120.0K $90.00K $240.0K $180.0K $0.00 $180.0K $370.0K $320.0K $140.0K $100.0K $60.00K $30.00K $0.00 $870.0K $0.00
Gross Profit $3.332M $2.321M $20.00K $50.00K $50.00K $230.0K $350.0K $250.0K $270.0K $310.0K $0.00 $180.0K $300.0K $310.0K $90.00K -$20.00K $20.00K $40.00K $0.00 $10.00K $0.00
Gross Profit Margin 50.7% 48.47% 100.0% 100.0% 100.0% 71.88% 74.47% 73.53% 51.92% 63.27% 50.0% 44.78% 50.0% 39.13% -28.57% 25.0% 66.67% 1.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Selling, General & Admin $4.923M $1.849M $2.690M $5.280M $5.140M $2.390M $3.520M $1.390M $12.89M $2.810M $710.0K $220.0K $250.0K $340.0K $620.0K $610.0K $270.0K $350.0K $440.0K $750.0K $1.080M $3.640M $7.010M $740.0K $210.0K
YoY Change 166.25% -31.26% -49.05% 2.72% 115.06% -32.1% 153.24% -89.22% 358.72% 295.77% 222.73% -12.0% -45.16% 1.64% 125.93% -22.86% -20.45% -41.33% -30.56% -70.33% -48.07% 847.3% 252.38%
% of Gross Profit 147.75% 79.66% 13450.0% 10560.0% 10280.0% 1039.13% 1005.71% 556.0% 262.96% 70.97% 188.89% 206.67% 196.77% 300.0% 2200.0% 1875.0% 36400.0%
Research & Development $669.0K $178.0K $620.0K $1.690M $1.740M $870.0K $1.090M $760.0K $230.0K $0.00 $210.0K $150.0K $90.00K $110.0K $190.0K $390.0K $250.0K $80.00K $160.0K $1.590M $1.430M $130.0K $320.0K
YoY Change 275.84% -71.29% -63.31% -2.87% 100.0% -20.18% 43.42% 230.43% -100.0% 40.0% 66.67% -51.28% 56.0% 212.5% -50.0% -89.94% 11.19% 1000.0% -59.38%
% of Gross Profit 20.08% 7.67% 3100.0% 3380.0% 3480.0% 378.26% 311.43% 304.0% 77.78% 48.39% 61.11% 211.11% 1250.0% 200.0% 15900.0%
Depreciation & Amortization $2.000K $46.00K $0.00 $20.00K $20.00K $10.00K $10.00K $0.00 $240.0K $240.0K $180.0K $0.00 $0.00 $0.00 $0.00 $10.00K $10.00K $10.00K $10.00K $20.00K $20.00K $0.00 $0.00 $10.00K
YoY Change -95.65% -100.0% 0.0% 100.0% 0.0% 0.0% 33.33% -100.0% 0.0% 0.0% 0.0% -50.0% 0.0% -100.0%
% of Gross Profit 0.06% 1.98% 0.0% 40.0% 40.0% 4.35% 2.86% 0.0% 88.89% 58.06% 0.0% 0.0% 0.0% 11.11% 50.0% 25.0% 200.0%
Operating Expenses $10.75M $13.92M $3.310M $6.970M $6.890M $3.260M $4.610M $2.150M $13.11M $2.810M $920.0K $380.0K $340.0K $20.00K $450.0K $610.0K $610.0K $650.0K $1.000M $950.0K $980.0K $1.910M $6.350M $8.640M $940.0K $740.0K
YoY Change -22.77% 320.39% -52.51% 1.16% 111.35% -29.28% 114.42% -83.6% 366.55% 205.43% 142.11% 11.76% 1600.0% -95.56% -26.23% 0.0% -6.15% -35.0% 5.26% -3.06% -48.69% -69.92% -26.5% 819.15% 27.03%
Operating Profit -$7.414M -$11.59M -$3.290M -$6.920M -$6.840M -$3.030M -$4.260M -$1.900M -$650.0K -$70.00K -$340.0K -$270.0K -$310.0K -$300.0K -$560.0K -$1.020M -$930.0K -$940.0K -$1.910M -$6.340M -$8.640M
YoY Change -36.05% 252.4% -52.46% 1.17% 125.74% -28.87% 124.21% 828.57% -79.41% -12.9% 3.33% -46.43% -45.1% 9.68% -1.06% -50.79% -69.87% -26.62%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Interest Expense $0.00 $10.00K -$990.0K -$50.00K -$50.00K $0.00 $0.00 $0.00 $0.00 $0.00 -$90.00K -$50.00K -$170.0K -$100.0K -$30.00K -$20.00K -$10.00K $0.00 $100.0K $70.00K -$10.00K $0.00
YoY Change -101.01% 1880.0% 0.0% 80.0% -70.59% 70.0% 233.33% 50.0% 100.0% -100.0% 42.86% -800.0%
% of Operating Profit
Other Income/Expense, Net $29.00K $13.00K $3.000K $0.00 $30.00K $0.00 $0.00 $0.00 $90.00K
YoY Change 123.08% 333.33% -100.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Pretax Income -$7.385M -$11.58M -$3.100M -$6.970M -$6.830M -$4.420M -$4.420M -$2.640M -$13.12M -$2.810M -$650.0K -$70.00K -$340.0K -$20.00K -$360.0K -$250.0K -$450.0K -$950.0K -$1.140M -$950.0K -$950.0K -$1.880M -$6.240M -$8.580M -$940.0K -$770.0K
YoY Change -36.23% 273.58% -55.52% 2.05% 54.52% 0.0% 67.42% -79.88% 366.9% 332.31% 828.57% -79.41% 1600.0% -94.44% 44.0% -44.44% -52.63% -16.67% 20.0% 0.0% -49.47% -69.87% -27.27% 812.77% 22.08%
Income Tax -$379.0K $195.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$7.006M -$11.78M -$3.100M -$6.970M -$6.830M -$4.420M -$4.420M -$2.640M -$13.76M -$2.840M -$630.0K $320.0K -$360.0K -$60.00K -$360.0K -$250.0K -$450.0K -$950.0K -$1.140M -$950.0K -$950.0K -$1.880M -$6.240M -$8.580M -$940.0K -$770.0K
YoY Change -40.51% 279.87% -55.52% 2.05% 54.52% 0.0% 67.42% -80.81% 384.51% 350.79% -296.88% -188.89% 500.0% -83.33% 44.0% -44.44% -52.63% -16.67% 20.0% 0.0% -49.47% -69.87% -27.27% 812.77% 22.08%
Net Earnings / Revenue -106.6% -245.9% -15500.0% -13940.0% -13660.0% -1381.25% -940.43% -776.47% -121.15% 65.31% -100.0% -37.31% -72.58% -413.04% -1628.57% -1187.5% -1583.33% -709.09%
Basic Earnings Per Share -$0.04 -$0.14 $0.01
Diluted Earnings Per Share -$0.04 -$0.14 -$56.51K -$176.5K -$167.4K -$196.4K -$715.2K -$557.0K -$4.424M -$1.150M -$295.8K $152.4K -$203.4K -$36.36K -$218.2K -$188.0K -$416.7K -$979.4K -$1.281M -$1.218M -$1.508M -$3.760M -$13.00M -$19.50M -$3.032M -$3.667M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Cash & Short-Term Investments $1.053M $3.030M $5.780M $1.080M $7.840M $14.06M $230.0K $340.0K $1.990M $550.0K $10.00K $50.00K $10.00K $0.00 $10.00K $10.00K $90.00K $40.00K $0.00 $160.0K $20.00K $0.00 $610.0K $2.590M $60.00K $20.00K
YoY Change -65.25% -47.58% 435.19% -86.22% -44.24% 6013.04% -32.35% -82.91% 261.82% 5400.0% -80.0% 400.0% -100.0% 0.0% -88.89% 125.0% -100.0% 700.0% -100.0% -76.45% 4216.67% 200.0%
Cash & Equivalents $3.030M $5.780M $1.080M $7.840M $14.06M $230.0K $340.0K $1.990M $550.0K $10.00K $50.00K $10.00K $0.00 $10.00K $10.00K $90.00K $40.00K $0.00 $160.0K $20.00K $0.00 $610.0K $2.590M $60.00K $20.00K
Short-Term Investments
Other Short-Term Assets $561.0K $500.0K $460.0K $260.0K $120.0K $0.00 $50.00K $0.00 $10.00K $0.00 $0.00 $0.00 $10.00K $0.00 $20.00K $20.00K $0.00 $20.00K $110.0K $0.00 $10.00K
YoY Change 12.2% 8.7% 76.92% 116.67% -100.0% -100.0% -100.0% 0.0% -100.0% -81.82% -100.0%
Inventory $10.00K $0.00 $20.00K $10.00K $20.00K $70.00K $10.00K $20.00K $20.00K
Prepaid Expenses
Receivables $834.0K $612.0K $0.00 $0.00 $10.00K $0.00 $10.00K $30.00K $10.00K $140.0K $10.00K $30.00K $30.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.448M $4.142M $6.240M $1.340M $7.960M $14.06M $230.0K $390.0K $2.000M $550.0K $20.00K $60.00K $10.00K $0.00 $40.00K $40.00K $120.0K $200.0K $40.00K $270.0K $70.00K $20.00K $750.0K $2.890M $60.00K $40.00K
YoY Change -40.9% -33.62% 365.67% -83.17% -43.39% 6013.04% -41.03% -80.5% 263.64% 2650.0% -66.67% 500.0% -100.0% 0.0% -66.67% -40.0% 400.0% -85.19% 285.71% 250.0% -97.33% -74.05% 4716.67% 50.0%
Property, Plant & Equipment $30.00K $0.00 $290.0K $40.00K $20.00K $10.00K $10.00K $0.00 $0.00 $0.00 $10.00K $20.00K $30.00K $50.00K $140.0K $10.00K $0.00 $10.00K
YoY Change -100.0% 625.0% 100.0% 100.0% 0.0% -100.0% -50.0% -33.33% -40.0% -64.29% 1300.0% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $290.0K
YoY Change -100.0%
Other Assets $150.0K $330.0K $510.0K $200.0K $10.00K $10.00K $10.00K $10.00K $0.00 $0.00 $10.00K $20.00K $20.00K $0.00 $10.00K $10.00K $10.00K $190.0K
YoY Change -54.55% -35.29% 155.0% 1900.0% 0.0% 0.0% 0.0% -100.0% -50.0% 0.0% -100.0% 0.0% 0.0% -94.74%
Total Long-Term Assets $1.536M $6.626M $510.0K $490.0K $50.00K $30.00K $20.00K $30.00K $0.00 $610.0K $810.0K $1.020M $1.200M $0.00 $0.00 $10.00K $10.00K $20.00K $300.0K $20.00K $40.00K $50.00K $330.0K $10.00K $10.00K $0.00
YoY Change -76.82% 1199.22% 4.08% 880.0% 66.67% 50.0% -33.33% -100.0% -24.69% -20.59% -15.0% -100.0% 0.0% -50.0% -93.33% 1400.0% -50.0% -20.0% -84.85% 3200.0% 0.0%
Total Assets $3.984M $10.77M $6.750M $1.830M $8.010M $14.09M $250.0K $420.0K $2.000M $1.160M $830.0K $1.080M $1.210M $0.00 $40.00K $50.00K $130.0K $220.0K $340.0K $290.0K $110.0K $70.00K $1.080M $2.900M $70.00K $40.00K
YoY Change
Accounts Payable $613.0K $786.0K $1.460M $840.0K $650.0K $50.00K $60.00K $60.00K $1.100M $650.0K $0.00 $30.00K $180.0K $20.00K $190.0K $160.0K $200.0K $350.0K $260.0K $150.0K $190.0K $770.0K $330.0K $30.00K $20.00K $20.00K
YoY Change -22.01% -46.16% 73.81% 29.23% 1200.0% -16.67% 0.0% -94.55% 69.23% -100.0% -83.33% 800.0% -89.47% 18.75% -20.0% -42.86% 34.62% 73.33% -21.05% -75.32% 133.33% 1000.0% 50.0% 0.0%
Accrued Expenses $30.00K $140.0K $140.0K $70.00K $510.0K $420.0K $450.0K $1.060M $880.0K $850.0K $520.0K $340.0K $460.0K $0.00 $0.00 $10.00K $0.00
YoY Change -78.57% 0.0% 100.0% -86.27% 21.43% -57.55% 20.45% 3.53% 63.46% 52.94% -26.09% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $50.00K $50.00K $0.00 $220.0K $0.00 $0.00 $30.00K $0.00 $0.00 $50.00K $10.00K $20.00K $40.00K $0.00 $130.0K $0.00 $80.00K $130.0K $60.00K $0.00 $0.00 $0.00 $430.0K $0.00 $0.00 $0.00
YoY Change 0.0% -100.0% -100.0% -100.0% 400.0% -50.0% -50.0% -100.0% -100.0% -38.46% 116.67% -100.0%
Long-Term Debt Due $0.00 $130.0K $160.0K $160.0K $160.0K $0.00 $10.00K $80.00K
YoY Change -100.0% -18.75% 0.0% 0.0% -100.0% -87.5%
Total Short-Term Liabilities $954.0K $1.161M $1.490M $1.220M $820.0K $120.0K $900.0K $920.0K $2.230M $1.840M $410.0K $280.0K $1.990M $1.790M $770.0K $1.360M $1.320M $1.490M $1.000M $490.0K $670.0K $840.0K $760.0K $30.00K $30.00K $20.00K
YoY Change -17.83% -22.08% 22.13% 48.78% 583.33% -86.67% -2.17% -58.74% 21.2% 348.78% 46.43% -85.93% 11.17% 132.47% -43.38% 3.03% -11.41% 49.0% 104.08% -26.87% -20.24% 10.53% 2433.33% 0.0% 50.0%
Long-Term Debt $0.00 $0.00 $0.00 $150.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.200M $0.00 $160.0K $150.0K $140.0K $130.0K $0.00 $40.00K $40.00K $0.00 $0.00 $0.00 $110.0K $110.0K
YoY Change -100.0% -100.0% -100.0% 6.67% 7.14% 7.69% -100.0% 0.0% -100.0% 0.0%
Other Long-Term Liabilities $0.00 $600.0K $0.00 $10.00K $340.0K $0.00
YoY Change -100.0% -100.0% -97.06%
Total Long-Term Liabilities $0.00 $0.00 $0.00 $750.0K $0.00 $0.00 $10.00K $340.0K $0.00 $0.00 $0.00 $0.00 $1.200M $0.00 $160.0K $150.0K $140.0K $130.0K $0.00 $40.00K $40.00K $0.00 $0.00 $0.00 $110.0K $110.0K
YoY Change -100.0% -100.0% -97.06% -100.0% -100.0% 6.67% 7.14% 7.69% -100.0% 0.0% -100.0% 0.0%
Total Liabilities $954.0K $1.372M $1.490M $1.970M $820.0K $120.0K $910.0K $1.270M $2.230M $1.840M $410.0K $280.0K $3.190M $1.790M $930.0K $1.510M $1.460M $1.620M $1.000M $530.0K $720.0K $840.0K $760.0K $30.00K $140.0K $130.0K
YoY Change -30.47% -7.92% -24.37% 140.24% 583.33% -86.81% -28.35% -43.05% 21.2% 348.78% 46.43% -91.22% 78.21% 92.47% -38.41% 3.42% -9.88% 62.0% 88.68% -26.39% -14.29% 10.53% 2433.33% -78.57% 7.69%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Basic Shares Outstanding 175.3M shares 82.00M shares 59.90M shares
Diluted Shares Outstanding 175.3M shares 82.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $9.3893 Million

About SideChannel Inc

SideChannel, Inc. engages in the provision of cybersecurity services and technology. The company is headquartered in Worcester Massachusetts, Massachusetts and currently employs 23 full-time employees. The firm delivers comprehensive cybersecurity plans through a series of actions branded SideChannel Complete. SideChannel Complete is a tailored suite of cybersecurity services designed to match the needs of businesses and compliance requirements. The Company’s products include Enclave and RealCISO. Enclave is a network infrastructure management platform made to ease managing on-premises and hybrid network infrastructure. The RealCISO is an intuitive software platform that helps organizations easily understand and manage cyber risk. Its services include Virtual Chief Information Security Officer (vCISO), risk assessments, cybersecurity compliance, risk management, training and awareness and team building and staffing. The firm serves various industries, such as healthcare, startups, technology, finance, crypto, infrastructure, research institutes and others.

Industry: Services-Computer Processing & Data Preparation Peers: Alfi Inc Auddia Inc Bridgeline Digital Inc DatChat Inc Symbolic Logic, Inc. Decentral Life Inc Salesforce Inc Sonic Foundry Inc