0001493152-26-006931
SEC filingSideChannel, Inc. reported a net loss of $396K for Q1 2026, with revenues of $1.8M and a gross profit of $909K. The company generated an operating loss of $400K, driven by total operating expenses of $1.3M, which included general and administrative expenses of $677K, selling and marketing expenses of $457K, and research and development expenses of $175K. Cash flow from operating activities was negative $570K, contributing to a decrease in cash of $570K for the quarter. The balance sheet shows total assets of $3.0M, total liabilities of $1.1M, and stockholders' equity of $1.8M as of December 31, 2025. No prior period QoQ comparison figures are provided in the XBRL data or document text for this 10-Q filing.
SideChannel, Inc. reported financial results for Q1 2026 ending December 31, 2025. The company generated $1.8 million in revenue with a gross profit of $909 thousand, resulting in a gross margin of 50.5%. Operating expenses totaled $1.3 million, consisting of $677 thousand in general and administrative expenses, $457 thousand in selling and marketing expenses, and $175 thousand in research and development expenses. This led to an operating loss of $400 thousand. After accounting for other income of $7 thousand and income tax expense of $3 thousand, the company reported a net loss of $396 thousand. No prior period QoQ comparison figures are provided in the XBRL data or document text for this 10-Q filing.
The filing does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. The XBRL data shows total revenue of $1.8 million for Q1 2026, but no comparative data from previous quarters is available in the provided information. The document content and XBRL financial data sections contain identical revenue figures without additional context about revenue composition or drivers.
The company achieved a gross margin of 50.5% for Q1 2026, calculated from the $909 thousand gross profit on $1.8 million revenue. Operating margin was negative 22.2%, reflecting the $400 thousand operating loss relative to revenue. The cost structure shows cost of revenues at $865 thousand (48.1% of revenue) and total operating expenses at $1.3 million (72.2% of revenue). No comparative margin data from prior periods is provided in the XBRL data or document text.
Operating activities consumed $570 thousand in cash during Q1 2026, primarily due to the $396 thousand net loss adjusted for $4 thousand in depreciation and amortization, $1 thousand in legal settlement paid in stock, $100 thousand in stock-based compensation, and changes in working capital including a $133 thousand increase in accounts receivable and a $124 thousand decrease in deferred revenue. The balance sheet shows total assets of $3.0 million, including $495 thousand in cash and cash equivalents, $100 thousand in short-term investments, $686 thousand in accounts receivable, and $1.4 million in goodwill. Total liabilities were $1.1 million, resulting in stockholders' equity of $1.8 million.
The filing does not contain management guidance, strategic priorities, or specific risk factors in the provided document content or XBRL data sections. No forward-looking statements or outlook information is explicitly stated in the materials provided for analysis.