Reve ue of $1.8 millio , ep ese ti g $21 thousa d, o 1.2% mo e tha fiscal yea e ded Septembe 30, 2025 (“FY 2025”) thi d qua te eve ue of $1.8 millio .
G oss ma gi of 54.9%, 790 basis poi ts highe tha 47.0% g oss ma gi fo FY 2025.
Ope ati g expe ses i c eased $18 thousa d, o 1.6%, compa ed to FY 2025.
Net loss of $134 thousa d, o $0.03 pe sha e, ve sus et loss of $261 thousa d, o $0.06 pe sha e, i FY 2025.
T aili g twelve-mo th eve ue ete tio of 68.2% as of Ju e 30, 2026, compa ed to 63.6% as of Septembe 30, 2025.
Cash, cash equivale ts, a d sho t-te m i vestme ts dec eased by $839 thousa d f om Septembe 30, 2025, to a e di g bala ce of $326 thousa d at Ju e 30, 2026.
Reve ue of $5.1 millio ; $431 thousa d o 7.7% less tha FY 2025.
G oss ma gi of 53.2%; 570 basis poi ts highe tha 47.5% g oss ma gi fo FY 2025.
Ope ati g expe ses i c eased $536 thousa d, o 16.8%, compa ed to FY 2025.
Net loss of $974 thousa d o $0.22 pe sha e ve sus a et loss of $510 thousa d o $0.12 pe sha e i FY 2025.
SideCha el will host a co fe e ce call o August 12, 2026, at 4:30 P.M. Easte Time to discuss its FY 2026 thi d qua te esults a d p ovide a update o the Compa y’s i itiatives.
Comme ti g o the esults fo the qua te e ded Ju e 30, 2026, B ia Haugli, SideCha el’s P eside t, Chief Executive Office , a d Chai ma of the Boa d, said, “Reve ue g ew to $1.8 millio , while ope ati g expe ses we e cut du i g the thi d qua te , allowi g us to achieve small seque tial g owth i cash fo the qua te . That discipli e pushed ou g oss ma gi up 790 basis poi ts to almost 55%. We have adva ced ou cybe secu ity platfo m a d ope ati g model th ough expa ded AI-e abled capabilities a d p oactive access co t ols desig ed fo today’s SaaS e vi o me ts. We co ti ue to i teg ate AI ac oss cybe secu ity delive y, sales ope atio s, a d ma keti g to i c ease speed, co siste cy, clie t cove age, a d go-to-ma ket capacity without p opo tio al headcou t g owth o sac ifici g time ou vCISOs spe d with clie ts. AI-suppo ted wo kflows help SideCha el’s vCISO p actitio e s accele ate assessme ts, policy docume tatio , isk-ma ageme t delive ables, a d i itial clie t fi di gs.”
M . Haugli co ti ued, “O the tech ology side, SideCha el’s E clave delive s asset i tellige ce, etwo k segme tatio , a d automated ce tificate lifecycle ma ageme t as a u ified secu ity platfo m to o ga izatio s. It’s the i f ast uctu e I wished we had whe I was u i g secu ity p og ams myself, somethi g a team ca deploy a d ma age with pa t e s a d thei secu ity team.”
Tuesday August 12, 2026, at 4:30 P.M. Easte Time | Toll F ee: 888-506-0062 | I te atio al: 973-528-0011 | Pa ticipa t Access Code: 355883 |
A webcast of the call will also be available: https://www.webcaste 5.com/Webcast/Page/2071/53380
Pa ticipa ts may egiste i adva ce fo the call usi g the webcast li k.
The call will i clude ma ageme t ema ks a d a live questio a d a swe sessio . Questio s may be submitted p io to the meeti g usi g
The Compa y’s Qua te ly Repo t o Fo m 10-Q fo the qua te e ded Ju e 30, 2026, is expected to be filed today with the Secu ities a d Excha ge Commissio a d will be available at https://i vesto s.sidecha el.com/sec-fili gs.
Fi a cial tables follow.
Reve ues | $ | 1,797 | $ | 1,776 | $ | 5,147 | $ | 5,578 | Cost of eve ues | 811 | 941 | 2,409 | 2,928 | G oss p ofit | 986 | 835 | 2,738 | 2,650 | Ope ati g expe ses | Ge e al a d admi ist ative | 551 | 715 | 1,951 | 2,030 | Selli g a d ma keti g | 396 | 242 | 1,242 | 736 | Resea ch a d developme t | 174 | 146 | 528 | 419 | Total ope ati g expe ses | 1,121 | 1,103 | 3,721 | 3,185 | Ope ati g loss | (135 | ) | (268 | ) | (983 | ) | (535 | ) | Othe i come, et | 3 | 9 | 16 | 31 | Net loss befo e i come tax expe se | (132 | ) | (259 | ) | (967 | ) | (504 | ) | I come tax expe se | 2 | 2 | 7 | 6 | Net loss | $ | (134 | ) | $ | (261 | ) | $ | (974 | ) | $ | (510 | ) | Net loss pe commo sha e – basic a d diluted | $ | (0.03 | ) | $ | (0.06 | ) | $ | (0.22 | ) | $ | (0.12 | ) | Weighted ave age commo sha es outsta di g – basic a d diluted | 4,572,757 | 4,446,716 | 4,505,429 | 4,391,929 |
The Compa y’s weighted ave age commo sha es outsta di g a d et loss pe commo sha e – basic a d diluted fo the th ee a d i e mo ths e ded Ju e 30, 2025, have bee et oactively estated fo the 52:1 eve se stock split that became effective o Ja ua y 22, 2026.
(U audited) | Cu e t assets | Cash a d cash equivale ts | $ | 326 | $ | 1,065 | Sho t-te m i vestme ts | – | 100 | Accou ts eceivable, et | 489 | 553 | P epaid expe ses a d othe cu e t assets | 394 | 374 | Total cu e t assets | 1,209 | 2,092 | Fixed assets | 5 | 17 | Goodwill | 1,356 | 1,356 | Total assets | $ | 2,570 | $ | 3,465 | Cu e t liabilities | Accou ts payable a d acc ued liabilities | $ | 525 | $ | 515 | Defe ed eve ue | 663 | 801 | I come taxes payable | 6 | 6 | Total cu e t liabilities | 1,194 | 1,322 | Total liabilities | 1,194 | 1,322 | Commitme ts a d co ti ge cies (Note 14) | – | – | Commo stock, $0.001 pa value, 681,000,000 sha es autho ized; 4,572,757 a d 4,446,713 sha es issued a d outsta di g as of Ju e 30, 2026, a d Septembe 30, 2025 | 5 | 4 | Additio al paid-i capital | 23,080 | 22,874 | Accumulated deficit | (21,709 | ) | (20,735 | ) | Total stockholde s’ equity | 1,376 | 2,143 | Total liabilities a d stockholde s’ equity | $ | 2,570 | $ | 3,465 |
SideCha el delive s secu ity leade ship a d i f ast uctu e to o ga izatio s that efuse to be easy ta gets. Built o decades of expe ie ce ac oss gove me t, ma ufactu i g, a d global e te p ises, ou team combi es f actio al CISO expe tise with E clave, ou ze o-t ust secu ity platfo m.
The vCISO p actice helps g owi g a d egulated o ga izatio s build secu ity p og ams that a e p actical, measu able, a d built to last. E clave u ifies asset i tellige ce, etwo k segme tatio , a d ce tificate lifecycle ma ageme t i a si gle platfo m, without the complexity of t aditio al secu ity a chitectu es.
Whethe you eed the st ategy, the i f ast uctu e, o both, SideCha el has a path fo whe e you p og am is today.
I vesto s a d sha eholde s a e e cou aged to eceive p ess eleases a d i dust y updates by subsc ibi g to the i vesto email ewslette a d followi g SideCha el o X a d Li kedI .
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This p ess elease may co tai fo wa d-looki g stateme ts, i cludi g i fo matio about ma ageme t’s view of SideCha el’s futu e expectatio s, pla s a d p ospects. I pa ticula , whe used i the p ecedi g discussio , the wo ds “believes”, “hopes”, “expects”, “i te ds”, “pla s”, “a ticipates”, “pote tial”, “could”, “should” o “may”, a d simila co ditio al exp essio s a e i te ded to ide tify fo wa d-looki g stateme ts. Examples of fo wa d-looki g stateme ts i clude, amo g othe s, stateme ts elati g to futu e sales, ea i gs, cash flows, esults of ope atio s, uses of cash a d othe measu es of fi a cial pe fo ma ce.
Because fo wa d-looki g stateme ts elate to the futu e, they a e subject to i he e t isks, u ce tai ties a d othe facto s that may cause SideCha el’s actual esults a d fi a cial co ditio to diffe mate ially f om those exp essed o implied i the fo wa d-looki g stateme ts. These isk facto s i clude, but a e ot limited to: that we have i cu ed et losses si ce i ceptio , ou eed fo additio al fu di g, the substa tial doubt about ou ability to co ti ue as a goi g co ce , a d the te ms of a y futu e fu di g we aise; ou ability to g ow eve ues f om ou E clave p oduct; ou depe de ce o cu e t ma ageme t a d ou ability to att act a d etai qualified employees; competitio fo ou p oducts; ou ability to develop a d successfully i t oduce ew p oducts, imp ove cu e t p oducts a d i ovate; u p edictability i ou ope ati g esults; ou ability to etai existi g lice sees a d add ew lice sees; ou ability to ma age ou g owth; ou ability to p otect ou i tellectual p ope ty (IP), e fo ce ou IP ights a d defe d agai st claims that we i f i ged o the IP of othe s; the isk associated with the co ce t atio of ou cash i fi a cial i stitutio s at levels above the amou t p otected by FDIC i su a ce; a d othe isk facto s i cluded f om time to time i docume ts we file with the Secu ities a d Excha ge Commissio , i cludi g, but ot limited to, ou A ual Repo ts o Fo m 10-K, Qua te ly Repo ts o Fo m 10-Q a d Cu e t Repo ts o Fo m 8-K. These epo ts a e available at www.sec.gov.
Othe u k ow o u p edictable facto s also could have mate ial adve se effects that could cause actual esults to diffe mate ially f om those p ojected o ep ese ted i the fo wa d-looki g stateme ts. Fu the , facto s that we do ot p ese tly deem mate ial as of the date of this elease may become mate ial i the futu e. The fo wa d-looki g stateme ts i cluded i this p ess elease a e made o ly as of the date he eof. SideCha el ca ot gua a tee futu e esults, levels of activity, pe fo ma ce, o achieveme ts. Acco di gly, you should ot place u due elia ce o these fo wa d-looki g stateme ts. Fi ally, SideCha el u de takes o obligatio to update these fo wa d-looki g stateme ts afte the date of this elease, except as equi ed by law, o a y obligatio to update o co ect i fo matio p epa ed by thi d pa ties.
