SideChannel, Inc. financial data

Symbol
SDCH on OTC
Industry
Services-Computer Processing & Data Preparation
Location
146 Main Street, Suite 405, Worcester, Massachusetts
State of incorporation
Delaware
Fiscal year end
September 30
Former names
CIPHERLOC Corp (to 7/5/2022), NATIONAL SCIENTIFIC CORP/AZ (to 4/13/2015)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 247 % -27.2%
Debt-to-equity 24.9 % +34.9%
Return On Equity -146 % +29%
Return On Assets -117 % +26.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 224M shares +50%
Common Stock, Shares, Outstanding 224M shares +50%
Entity Public Float 7.8M USD -25.7%
Common Stock, Value, Issued 224K USD +49.3%
Weighted Average Number of Shares Outstanding, Basic 223M shares +49.6%
Weighted Average Number of Shares Outstanding, Diluted 223M shares +49.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7.07M USD +24.7%
Cost of Revenue 3.63M USD +23.2%
Research and Development Expense 615K USD +192%
Selling and Marketing Expense 1.02M USD -1.26%
General and Administrative Expense 3.12M USD +1.96%
Operating Income (Loss) -6.47M USD +52.9%
Nonoperating Income (Expense) 43K USD +300%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.43M USD +70.6%
Income Tax Expense (Benefit) 1K USD
Net Income (Loss) Attributable to Parent -6.05M USD +56.6%
Earnings Per Share, Basic -0.03 USD/shares +82.4%
Earnings Per Share, Diluted -0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 851K USD -55.3%
Accounts Receivable, after Allowance for Credit Loss, Current 910K USD +1.56%
Assets, Current 2.39M USD -26.8%
Property, Plant and Equipment, Net 24K USD
Intangible Assets, Net (Excluding Goodwill) 4.94M USD
Goodwill 1.36M USD 0%
Assets 3.83M USD -60.9%
Employee-related Liabilities, Current 175K USD +550%
Liabilities, Current 1.06M USD -23.2%
Deferred Income Tax Liabilities, Net 0 USD -100%
Liabilities 1.06M USD -33.3%
Retained Earnings (Accumulated Deficit) -19.4M USD -45.2%
Stockholders' Equity Attributable to Parent 2.77M USD -66.3%
Liabilities and Equity 3.83M USD -60.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -184K USD +61.4%
Net Cash Provided by (Used in) Financing Activities -50K USD
Net Cash Provided by (Used in) Investing Activities -32K USD -101%
Common Stock, Shares Authorized 681M shares 0%
Common Stock, Shares, Issued 224M shares +50%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -234K USD +50.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Payments to Acquire Property, Plant, and Equipment 32K USD
Lessee, Operating Lease, Liability, to be Paid 12K USD
Deferred Income Tax Expense (Benefit) 211K USD
Deferred Tax Assets, Operating Loss Carryforwards 35M USD 0%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 22M USD +2.49%
Preferred Stock, Shares Outstanding 0 shares -100%
Current State and Local Tax Expense (Benefit) -32K USD -154%
Current Federal Tax Expense (Benefit) -136K USD -200%
Share-based Payment Arrangement, Expense 545K USD
Deferred State and Local Income Tax Expense (Benefit) -211K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%