SideChannel Reports Third Quarter Results
Financial results conference call on Wednesday, August 13 @ 4:30 P.M. ET
WORCESTER, MA / ACCESS Newswire / August 13, 2025 / SideChannel, Inc. (OTCQB:SDCH) (“SideChannel”), a leading provider of cybersecurity services and technology to emerging and middle market companies, today announced its financial results for the third quarter of the fiscal year ended September 30, 2025.
Fiscal Year 2025 Third Quarter Highlights
- Revenue of $1.8 million; $70 thousand or 3.8% less than Fiscal Year (“FY”) 2024 third quarter revenue.
- Gross margin of 47.0%; 190 bps lower than 48.9% for FY 2024 third quarter.
- Operating expenses increased $47 thousand, or 4.5%, compared to FY 2024 third quarter.
- Net loss of $261 thousand or $0.00 per share versus a net loss of $146 thousand or $0.00 per share in FY 2024 third quarter.
- Cash, cash equivalents, and short-term investments decreased by $46 thousand from September 30, 2024, to an ending balance of $1.2 million at June 30, 2025.
- Trailing twelve-month revenue was $7.5 million as of June 30, 2025.
- Trailing twelve-month revenue retention was 61.4% as of June 30, 2025.
Summary of Fiscal Year 2025 Year to Date Results (Nine Months Ended June 30, 2025)
- Revenue of $5.6 million; $69 thousand or 1.3% more than FY 2024.
- Gross margin of 47.5%; equal to FY 2024.
- Operating expenses decreased $103 thousand, or 3.1%, compared to FY 2024.
- Net loss of $510 thousand or $0.00 per share versus a net loss of $645 thousand or $0.00 per share in FY 2024.
Management Comments
Commenting on the results for the quarter ended June 30, 2025, Brian Haugli, President and Chief Executive Officer of SideChannel, said, “Enclave, our Zero Trust software platform, is gaining strong traction with two Department of Defense clients already onboard and clear opportunities to expand both within these organizations and into additional DoD agencies. We are focused on building on this momentum to capture more of this high-value market.”
Haugli continued, “At DEFCON 33, we also launched our Insider Threat program, led by Vice President Lauren Trujillo, which leverages Enclave’s Zero Trust capabilities to help clients identify, contain, and mitigate risks from within their organizations. Early client interest has been encouraging, and we see this as a powerful complement to Enclave’s broader security benefits.”
“With growing adoption in critical markets and an expanded vCISO services portfolio, we are well positioned to modernize and strengthen the cybersecurity defenses of our clients while driving long-term growth for SideChannel.”
SideChannel will host a conference call on August 13, 2025, at 4:30 P.M. Eastern Time to discuss its third quarter results and provide an update on the Company’s initiatives.
Full PR – https://feeds.issuerdirect.com/news-release.html?newsid=6553216494272931&symbol=SDCH
