For the quarter ending 2026-03-31, CYCUW has $31,446,130 in assets. $17,764,283 in debts. $2,028,718 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Software development costs | - | - | 4,419,981 | - |
| Gross carrying amount-Contractual Relationship | - | - | -66,361 | - |
| Accumulated depreciation and amortization-Contractual Relationship | - | - | -66,361 | - |
| Gross carrying amount-Implementation | - | - | -28,099 | - |
| Accumulated depreciation and amortization-Implementation | - | - | -28,099 | - |
| Gross carrying amount-Computer Software Intangible Asset | - | - | -100,000 | - |
| Accumulated depreciation and amortization-Computer Software Intangible Asset | - | - | -100,000 | - |
| Gross carrying amount | - | - | -194,460 | - |
| Other receivables | - | 0 | 230,175 | 400,072 |
| Cash and cash equivalents | 2,028,718 | 5,255,235 | 3,652,074 | 1,013,836 |
| Restricted cash | - | 0 | 0 | 0 |
| Accumulated depreciation and amortization | - | - | -194,460 | - |
| Accounts receivable, net | 3,336,047 | 2,687,479 | 3,097,054 | 4,118,888 |
| Intangible assets, net | - | 0 | 0 | 7,917 |
| Prepaid expenses and other current assets | 106,934 | 60,133 | 57,137 | 54,259 |
| Security deposits | - | 0 | 10,351 | 10,351 |
| Total current assets | 5,471,699 | 8,002,847 | 7,036,440 | 5,587,055 |
| Deposit for acquisition target | - | 0 | 0 | 0 |
| Property and equipment, net | - | 0 | 0 | 16,832 |
| Software development costs, net | 4,735,981 | 4,606,981 | - | - |
| Goodwill | 21,238,450 | 20,842,508 | 20,842,508 | 20,788,299 |
| Investments held in trust account | - | 0 | 0 | 0 |
| Software development costs | - | - | - | 4,325,981 |
| Total non-current assets | 25,974,431 | 25,449,489 | 25,272,840 | 25,149,380 |
| Total assets | 31,446,130 | 33,452,336 | 32,309,280 | 30,736,435 |
| Subordinated convertible promissory notes | - | 0 | 0 | 0 |
| Due to related party-Related Party | - | - | 18,000 | 18,000 |
| Promissory notes | - | - | 2,658,663 | 2,669,626 |
| Bank loan - current portion | - | 0 | 276,012 | 620,078 |
| Bank loan-revolving credit line | 2,725,546 | 2,933,396 | 3,231,067 | 3,236,167 |
| Loans payable- current portion/ related parties-Nonrelated Party | 669,693 | 669,693 | 885,240 | 885,240 |
| Factoring liability | 1,566,887 | 1,511,678 | 1,681,981 | 2,309,160 |
| Convertible notes | 192,897 | 192,897 | - | - |
| Promissory notes | 2,500,849 | 2,499,662 | - | - |
| Loans payable- current portion/ related parties-Related Party | 123,650 | 123,650 | 123,650 | 150,372 |
| Accounts payable | 1,441,596 | 1,314,772 | 2,508,771 | 5,088,223 |
| Accrued liabilities | 4,283,045 | 4,228,337 | 4,053,326 | 3,848,247 |
| Accrued compensation and benefits | 1,306,906 | 919,825 | - | - |
| Accrued interest payable | 1,486,041 | 1,347,787 | - | - |
| Excise tax payable | 1,167,173 | 1,167,173 | 1,167,173 | 1,167,173 |
| Total current liabilities | 17,464,283 | 16,908,870 | 16,603,883 | 19,992,286 |
| Loans payable - non-current portion | 300,000 | 300,000 | 295,296 | 295,296 |
| Total non-current liabilities | 300,000 | 300,000 | 295,296 | 295,296 |
| Total liabilities | 17,764,283 | 17,208,870 | 16,899,179 | 20,287,582 |
| Preferred stock, value, issued-Series AConvertible Preferred Stock | 0 | 0 | 0 | 11 |
| Preferred stock, value, issued-Series BConvertible Preferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value, issued-Series CConvertible Preferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value, issued-Series DConvertible Preferred Stock | 15 | 15 | 15 | 15 |
| Preferred stock, value, issued-Series EConvertible Preferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value, issued-Series FConvertible Preferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value, issued-Series GConvertible Preferred Stock | 0 | 0 | 0 | - |
| Common stock (0.0001 par value, 300,000,000 shares authorized, 3,642,468 and 391,338 shares issued and outstanding, respectively) | 551 | 364 | 266 | 4,036 |
| Additional paid in capital | 46,979,742 | 46,979,762 | 40,866,328 | 32,661,282 |
| Accumulated deficit | -29,007,543 | -26,879,081 | -21,773,931 | -18,650,614 |
| Total stockholders' equity attributable to cycurion | 17,972,765 | 20,101,060 | 19,092,678 | 14,014,730 |
| Deficit attributable to noncontrolling interests | -4,290,918 | -3,857,594 | -3,682,577 | -3,565,877 |
| Total stockholders' equity | 13,681,847 | 16,243,466 | 15,410,101 | 10,448,853 |
| Total liabilities and stockholders equity | 31,446,130 | 33,452,336 | 32,309,280 | 30,736,435 |
Cycurion, Inc. (CYCUW)
Cycurion, Inc. (CYCUW)