SideChannel, Inc. (SDCH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
146 MAIN STREET WORCESTER, MA 01608 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q3 | 3/31/2025 Q2 | 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,344 | 256 | 256 | 1,105 | 851 | 819 | |||
| Cash and cash equivalent | 1,244 | 6 | 6 | 1,105 | 851 | 819 | |||
| Short-term investments | 100 | 250 | 250 | ||||||
| Receivables | 808 | 585 | 732 | 865 | 910 | 868 | |||
| Prepaid expense | 446 | 278 | |||||||
| Deferred costs | 60 | 105 | 150 | 180 | 180 | 180 | |||
| Other undisclosed current assets | 471 | 1,403 | 1,424 | 268 | |||||
| Total current assets: | 2,683 | 2,349 | 2,562 | 2,418 | 2,387 | 2,145 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 25 | 29 | 33 | 36 | 24 | 27 | |||
| Intangible assets, net (including goodwill) | 1,356 | 1,356 | 1,356 | 1,356 | 1,356 | 1,356 | |||
| Goodwill | 1,356 | 1,356 | 1,356 | 1,356 | 1,356 | 1,356 | |||
| Deferred costs | 15 | 60 | 105 | ||||||
| Total noncurrent assets: | 1,381 | 1,385 | 1,389 | 1,407 | 1,440 | 1,488 | |||
| TOTAL ASSETS: | 4,064 | 3,734 | 3,951 | 3,825 | 3,827 | 3,633 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 601 | 590 | 729 | 350 | 498 | 511 | |||
| Accrued liabilities | 2 | 5 | 3 | 11 | |||||
| Other undisclosed accounts payable and accrued liabilities | 599 | 585 | 726 | 350 | 498 | 500 | |||
| Deferred revenue | 852 | 519 | 515 | 647 | 564 | 238 | |||
| Other undisclosed current liabilities | 2 | 5 | 3 | 11 | |||||
| Total current liabilities: | 1,455 | 1,114 | 1,247 | 997 | 1,062 | 760 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,455 | 1,114 | 1,247 | 997 | 1,062 | 760 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,609 | 2,620 | 2,704 | 2,828 | 2,765 | 2,873 | |||
| Common stock | 231 | 226 | 226 | 226 | 224 | 222 | |||
| Additional paid in capital | 22,470 | 22,432 | 22,321 | 22,186 | 21,979 | 21,836 | |||
| Accumulated deficit | (20,092) | (20,038) | (19,843) | (19,584) | (19,438) | (19,185) | |||
| Total equity: | 2,609 | 2,620 | 2,704 | 2,828 | 2,765 | 2,873 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,064 | 3,734 | 3,951 | 3,825 | 3,827 | 3,633 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q3 | 3/31/2025 Q2 | 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,894 | 1,908 | 1,891 | 1,846 | 1,927 | 1,736 | ||
| Cost of revenue | (953) | (1,034) | (974) | (944) | (1,059) | (891) | ||
| Gross profit: | 941 | 874 | 917 | 902 | 868 | 845 | ||
| Operating expenses | (1,002) | (1,080) | (1,184) | (1,056) | (1,128) | (1,104) | ||
| Operating loss: | (61) | (206) | (267) | (154) | (260) | (259) | ||
| Nonoperating income | 9 | 13 | 12 | 8 | 8 | 13 | ||
| Loss from continuing operations before income taxes: | (52) | (193) | (255) | (146) | (252) | (246) | ||
| Income tax expense | (2) | (2) | (4) | (1) | ||||
| Net loss available to common stockholders, diluted: | (54) | (195) | (259) | (146) | (253) | (246) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q3 | 3/31/2025 Q2 | 12/31/2024 Q1 | 9/30/2024 Q4 | 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (54) | (195) | (259) | (146) | (253) | (246) | ||
| Comprehensive loss, net of tax, attributable to parent: | (54) | (195) | (259) | (146) | (253) | (246) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.