For the quarter ending 2025-09-30, CYCUW has $32,309,280 in assets. $16,899,179 in debts. $3,652,074 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 3,652,074 | 1,013,836 | ||
| Restricted cash | 0 | 0 | ||
| Accounts receivable, net | 3,097,054 | 4,118,888 | ||
| Other receivables | 230,175 | 400,072 | ||
| Prepaid expenses and other current assets | 57,137 | 54,259 | ||
| Total current assets | 7,036,440 | 5,587,055 | ||
| Deposit for acquisition target | 0 | 0 | ||
| Property and equipment, net | 0 | 16,832 | ||
| 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 | - | ||
| Accumulated depreciation and amortization | -194,460 | - | ||
| Intangible assets, net | 0 | 7,917 | ||
| Security deposits | 10,351 | 10,351 | ||
| Goodwill | 20,842,508 | 20,788,299 | ||
| Investments held in trust account | 0 | 0 | ||
| Software development costs | - | 4,325,981 | ||
| Total non-current assets | 25,272,840 | 25,149,380 | ||
| Total assets | 32,309,280 | 30,736,435 | ||
| Bank loan-revolving credit line | 3,231,067 | 3,236,167 | ||
| Bank loan - current portion | 276,012 | 620,078 | ||
| Loans payable- current portion/ related parties-Nonrelated Party | 885,240 | 885,240 | ||
| Factoring liability | 1,681,981 | 2,309,160 | ||
| Subordinated convertible promissory notes | 0 | 0 | ||
| Promissory notes | 2,658,663 | 2,669,626 | ||
| Loans payable- current portion/ related parties-Related Party | 123,650 | 150,372 | ||
| Accounts payable | 2,508,771 | 5,088,223 | ||
| Due to related party-Related Party | 18,000 | 18,000 | ||
| Accrued liabilities | 4,053,326 | 3,848,247 | ||
| Excise tax payable | 1,167,173 | 1,167,173 | ||
| Total current liabilities | 16,603,883 | 19,992,286 | ||
| Loans payable - non-current portion | 295,296 | 295,296 | ||
| Total non-current liabilities | 295,296 | 295,296 | ||
| Total liabilities | 16,899,179 | 20,287,582 | ||
| Preferred stock, value, issued-Series AConvertible Preferred Stock | 0 | 11 | ||
| Preferred stock, value, issued-Series BConvertible Preferred Stock | 0 | 0 | ||
| Preferred stock, value, issued-Series CConvertible Preferred Stock | 0 | 0 | ||
| Preferred stock, value, issued-Series DConvertible Preferred Stock | 15 | 15 | ||
| Preferred stock, value, issued-Series EConvertible Preferred Stock | 0 | 0 | ||
| Preferred stock, value, issued-Series FConvertible Preferred Stock | 0 | 0 | ||
| Preferred stock, value, issued-Series GConvertible Preferred Stock | 0 | - | ||
| Common stock (0.0001 par value, 300,000,000 shares authorized, 2,662,489 and 353,087 shares issued and outstanding, respectively) | 266 | 4,036 | ||
| Additional paid in capital | 40,866,328 | 32,661,282 | ||
| Accumulated deficit | -21,773,931 | -18,650,614 | ||
| Total stockholders equity attributable to cycurion | 19,092,678 | 14,014,730 | ||
| Deficit attributable to noncontrolling interests | -3,682,577 | -3,565,877 | ||
| Total stockholders equity | 15,410,101 | 10,448,853 | ||
| Total liabilities and stockholders equity | 32,309,280 | 30,736,435 | ||
Cycurion, Inc. (CYCUW)
Cycurion, Inc. (CYCUW)