# EDGAR Filing Document

**Accession Number:** 0001022505
**File Stem:** 0001493152-25-025880
**Filing Date:** 2025-12
**Character Count:** 15226
**Document Hash:** 723f148d565d907a1009524c15cd8083
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-025880.hdr.sgml**: 20251203

**ACCESSION NUMBER**: 0001493152-25-025880

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251203

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251203

**DATE AS OF CHANGE**: 20251203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SideChannel, Inc.
- **CENTRAL INDEX KEY:** 0001022505
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 860837077
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-28745
- **FILM NUMBER:** 251544997

**BUSINESS ADDRESS:**
- **STREET 1:** 146 MAIN STREET
- **STREET 2:** SUITE 405
- **CITY:** WORCESTER
- **STATE:** MA
- **ZIP:** 01608
- **BUSINESS PHONE:** 512-649-7700

**MAIL ADDRESS:**
- **STREET 1:** 146 MAIN STREET
- **STREET 2:** SUITE 405
- **CITY:** WORCESTER
- **STATE:** MA
- **ZIP:** 01608

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CIPHERLOC Corp
- **DATE OF NAME CHANGE:** 20150423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONAL SCIENTIFIC CORP/AZ
- **DATE OF NAME CHANGE:** 19991229

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **December 3, 2025**

![](form8-k_001.jpg)

**SideChannel, Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **000-28745** | **86-0837077** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**146 Main Street, Suite 405, Worcester, MA 01608**

(Address of principal executive offices) (Zip Code)

**(508) 925-0114**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| n/a | n/a | n/a |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.02. Results of Operations and Financial Condition**

On December 3, 2025, SideChannel, Inc. (the "Company") issued a press release announcing its preliminary financial results for the year ended September 30, 2025. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

**Item 7.01 Regulation FD Disclosure**

The information included in this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

**Item 9.01 Financial Statements and Exhibits**

(a) <u>Exhibits</u>.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release issued by the registrant on December 3, 2025.](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **SideChannel, Inc.** | **SideChannel, Inc.** |
| Date: December 3, 2025 | By: | */s/ Brian Haugli* |
|  | Name: | Brian Haugli |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**SideChannel Announces Preliminary Fiscal Year 2025 Results**

*Financial results conference call on Wednesday, December 3 @ 4:30 P.M. ET*

**WORCESTER, MA / ACCESSWIRE / December 3, 2025 /** <u>SideChannel, Inc</u>. (OTCQB:SDCH) ("SideChannel"), a leading provider of cybersecurity services and technology to emerging and middle market companies, today announced its preliminary, unaudited financial results for the fiscal year ended September 30, 2025.

**Preliminary Fiscal Year 2025 Highlights**

● Revenue of $7.4 million; $49 thousand or 70 bps lower than Fiscal Year ("FY") 2024 revenue.

● Gross margin of 47.7% equal to FY 2024 gross margin.

● Operating expenses of $4.4 million decreased $50 thousand, or 1.1%, compared to FY 2024 operating expenses.

● Net loss of $892 thousand or $0.00 per share versus a net loss of $904 thousand or $0.00 per share in FY 2024.

● Revenue retention of 63.6%; 560 bps lower than 69.2% for FY 2024.

● Cash, cash equivalents, and short-term investments decreased by $130 thousand from September 30, 2024, to an ending balance of $1.2 million at September 30, 2025.

**Management Comments**

Commenting on the results for the fiscal year ended September 30, 2025, Brian Haugli, President and Chief Executive Officer of SideChannel, said, "We made focused investments in selling and marketing this year and saw encouraging progress toward achieving multiple quarters of Enclave revenue growth. Fiscal year 2025 was a year of disciplined execution across both our services organization and our Enclave business. We continued our emphasis on increasing Enclave adoption by expanding awareness of how Enclave's novel approach to microsegmentation and network security provides a significantly cost-effective alternative for mid-market and enterprise clients."

Haugli continued, "With our expanding service portfolio, we are well-positioned to meet the needs of organizations seeking options beyond our core vCISO offering. As the economic uncertainty stabilizes and tailwinds emerge for cybersecurity risk management, such as the Pentagon's rollout of CMMC standards, we are positioned for renewed growth in our services business line.

Our partner-led sales motion advanced during the year as more partners introduced Enclave to their clients, supporting our view that the platform's capabilities address a broad set of zero-trust and microsegmentation needs. Enclave's product roadmap, combined with the reach of our partner network and our established services foundation, supports our confidence in the opportunities ahead."

**CALL INFORMATION**

---

| | |
|:---|:---|
| **Date:** | Wednesday December 3, 2025, at 4:30 P.M. Eastern Standard Time. |
| **Dial In:** | Toll Free: 888-506-0062 |
|  | International: 973-528-0011 |
|  | Participant Access Code: 878142 |

---

A webcast of the call will also be available: <u>https://www.webcaster4.com/Webcast/Page/2071/51584</u>

Participants may register in advance for the call using the webcast link.

The call will include management remarks and a live question and answer session. Questions may be submitted prior to the meeting using <u>ir@sidechannel.com.</u>

The Company's annual report for the year ended September 30, 2025, will be timely filed on Form 10-K with the Securities and Exchange Commission upon completion of the audit.

*Financial tables follow.*

**SIDECHANNEL, INC.**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

(In thousands, except share and per share data)

---

| | | |
|:---|:---|:---|
|  | **Twelve Months Ended** | **Twelve Months Ended** |
|  | **September 30,** | **September 30,** |
|  | **2025** | **2024** |
|  | (Unaudited) | |
| Revenues | $7351 | $7400 |
| Cost of revenues | 3847 | 3868 |
| &nbsp;&nbsp;&nbsp;Gross profit | 3504 | 3532 |
| Operating expenses |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 2894 | 3155 |
| &nbsp;&nbsp;&nbsp;Selling and marketing | 966 | 771 |
| &nbsp;&nbsp;&nbsp;Research and development | 562 | 546 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total operating expenses | 4422 | 4472 |
| Operating loss | (918) | (940) |
| Other income, net | 40 | 41 |
| Net loss before income tax expense | (878) | (899) |
| &nbsp;&nbsp;&nbsp;Income tax expense | 14 | 5 |
| Net loss after income tax expense | $(892) | $(904) |
| Net loss per common share – basic and diluted | $(0.00) | $(0.00) |
| Weighted average common shares outstanding – basic and diluted | 229097973 | 222078462 |

---

**SIDECHANNEL, INC.**

**CONSOLIDATED BALANCE SHEETS**

(In thousands, except share and per share data)

---

| | | |
|:---|:---|:---|
|  | **September 30, 2025** | **September 30, 2024** |
|  | (Unaudited) | |
| **ASSETS** |  |  |
| Current assets |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $1065 | $1045 |
| &nbsp;&nbsp;&nbsp;Short-term investments | 100 | 250 |
| &nbsp;&nbsp;&nbsp;Accounts receivable, net | 553 | 732 |
| &nbsp;&nbsp;&nbsp;Deferred costs |  | 150 |
| &nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 374 | 385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 2092 | 2562 |
| &nbsp;&nbsp;&nbsp;Fixed assets | 17 | 33 |
| &nbsp;&nbsp;&nbsp;Goodwill | 1356 | 1356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $3465 | $3951 |
| **LIABILITIES & STOCKHOLDERS' EQUITY** |  |  |
| Current liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable and accrued liabilities | $515 | $729 |
| &nbsp;&nbsp;&nbsp;Deferred revenue | 801 | 515 |
| &nbsp;&nbsp;&nbsp;Income taxes payable | 6 | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 1322 | 1247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 1322 | 1247 |
| Commitments and contingencies |  |  |
| Common stock, $0.001 par value, 681,000,000 shares authorized; 231,229,054 and 225,975,331 shares issued and outstanding as of September 30, 2025, and September 30, 2024, respectively | 231 | 226 |
| Additional paid-in capital | 22647 | 22321 |
| Accumulated deficit | (20735) | (19843) |
| &nbsp;&nbsp;&nbsp;Total stockholders' equity | 2143 | 2704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $3465 | $3951 |

---

**About SideChannel**

SideChannel helps emerging and mid-market companies protect their assets. Founded in 2019, we deliver comprehensive cybersecurity plans through a series of actions branded SideChannel Complete.

SideChannel deploys a combination of skilled and experienced talent and technological tools to offer layered defense strategies supported by battle-tested processes. SideChannel also offers Enclave, a network infrastructure platform that eases the journey from zero to zero-trust. Learn more at <u>sidechannel.com</u>.

Investors and shareholders are encouraged to receive press releases and industry updates by subscribing to the <u>investor email newsletter</u> and following SideChannel on <u>X</u> and <u>LinkedIn</u>.

You may contact us at:

**SideChannel**

146 Main Street, Suite 405

Worcester, MA 01608

**Investor Contact**

Ryan Polk

ir@sidechannel.com

***Forward-Looking Statements***

 ****

*This press release may contain forward-looking statements, including information about management's view of SideChannel's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes", "hopes", "expects", "intends", "plans", "anticipates", "potential", "could", "should" or "may", and similar conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.*

 

*Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause SideChannel's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. These risk factors include, but are not limited to: that we have incurred net losses since inception, our need for additional funding, the substantial doubt about our ability to continue as a going concern, and the terms of any future funding we raise; our dependence on current management and our ability to attract and retain qualified employees; competition for our products; our ability to develop and successfully introduce new products, improve current products and innovate; unpredictability in our operating results; our ability to retain existing licensees and add new licensees; our ability to manage our growth; our ability to protect our intellectual property (IP), enforce our IP rights and defend against claims that we infringed on the IP of others; the risk associated with the concentration of our cash in one financial institution at levels above the amount protected by FDIC insurance; and other risk factors included from time to time in documents we file with the Securities and Exchange Commission, including, but not limited to, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These reports are available at <u>www.sec.gov.</u>*

 

*Other unknown or unpredictable factors also could have material adverse effects that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Further, factors that we do not presently deem material as of the date of this release may become material in the future. The forward-looking statements included in this press release are made only as of the date hereof. SideChannel cannot guarantee future results, levels of activity, performance, or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SideChannel undertakes no obligation to update these forward-looking statements after the date of this release, except as required by law, nor any obligation to update or correct information prepared by third parties.*