Complete Filing Data
Cycurion, Inc. reported Net Income Loss of -$23.67 million for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Cycurion, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net Income * | -$23.7M | $1.2M | -$2.1M | -$700.9K |
| Operating Income Loss | -$23.4M | $2.4M | $326.4K | -$2.0M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$24.1M | $1.2M | -$2.1M | -$450.2K |
| Income Tax Expense Benefit | $0.00 | $0.00 | $3.8K | $250.7K |
| Nonoperating Income Expense | -$644.2K | -$1.2M | -$2.4M | |
| Sales And Excise Tax Payable Current | $1.2M | $1.2M | ||
| Accrued Income Taxes Current | $12.5K | $250.7K | ||
| Selling General And Administrative Expense | $9.3M | $1.2M | $2.3M | |
| Revenue From Contract With Customer Excluding Assessed Tax | $15.1M | $17.8M | $19.4M | |
| Interest Expense Nonoperating | $1.8M | $1.2M | $2.1M | |
| Gross Profit | $1.6M | $3.6M | $2.6M | |
| Cost Of Revenue | $13.5M | $14.1M | $16.7M | |
| Comprehensive Income Net Of Tax | -$23.7M | $1.2M | ||
| Other Nonoperating Income Expense | -$129.6K | $2.8K | $1.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$3.1M | -$5.3M | -$10.2M | $116.1K | $306.1K | -$312.5K | -$253.6K | -$332.5K | -$171.6K | $237.2K | -$722.4K | -$590.4K | -$545.00 | -$2.5K | ||
| Operating Income Loss | -$4.5M | -$3.8M | -$10.1M | $418.8K | $729.4K | -$32.3K | -$247.0K | -$198.7K | -$366.5K | -$190.6K | -$881.8K | -$530.7K | -$545.00 | -$2.5K | ||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$3.2M | -$5.3M | -$10.2M | $116.1K | $306.1K | -$312.5K | -$243.6K | -$315.1K | -$134.2K | $325.7K | -$722.4K | -$590.4K | ||||
| Income Tax Expense Benefit | $0.00 | $0.00 | $10.0K | $17.4K | $37.4K | $88.6K | ||||||||||
| Nonoperating Income Expense | $1.3M | -$1.5M | -$151.0K | -$302.7K | -$423.3K | -$280.2K | $516.3K | $159.4K | -$59.7K | |||||||
| Sales And Excise Tax Payable Current | $1.2M | $1.2M | $1.2M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | |||||
| Accrued Income Taxes Current | $12.5K | $12.5K | $85.3K | $72.8K | $315.6K | $305.6K | $288.1K | $88.6K | ||||||||
| Selling General And Administrative Expense | $2.7M | $4.0M | $10.8M | $299.2K | $294.8K | $379.0K | ||||||||||
| Revenue From Contract With Customer Excluding Assessed Tax | $3.8M | $3.9M | $3.9M | $4.5M | $5.0M | $4.2M | ||||||||||
| Interest Expense Nonoperating | $712.4K | $615.4K | $178.9K | $319.7K | $482.4K | $231.5K | ||||||||||
| Gross Profit | $270.5K | $235.9K | $677.8K | $718.0K | $1.0M | $346.7K | ||||||||||
| Cost Of Revenue | $3.6M | $3.7M | $3.2M | $3.7M | $4.0M | $3.9M | ||||||||||
| Comprehensive Income Net Of Tax | -$3.1M | -$5.2M | -$10.2M | $116.1K | $306.1K | -$312.5K | ||||||||||
| Other Nonoperating Income Expense | -$14.8K | -$962.00 | $17.0K | $38.9K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stockholders Equity * | $20.1M | $3.5M | $5.2M | $5.0M | $13.6K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $3.9K | ||||
| Retained Earnings Accumulated Deficit | -$26.9M | -$3.2M | -$4.4M | -$1.9M | -$11.4K |
| Liabilities And Stockholders Equity | $33.5M | $25.6M | $20.8M | $118.3M | $327.0K |
| Liabilities | $17.2M | $20.2M | $15.5M | $1.2M | $313.4K |
| Assets Current | $8.0M | $10.9M | $8.4M | $1.1M | $3.9K |
| Assets | $33.5M | $25.6M | $20.8M | $118.3M | $327.0K |
| Common Stock Value | $364.00 | $1.0K | $324.00 | $287.00 | |
| Cash And Cash Equivalents At Carrying Value | $5.3M | $38.7K | $607.9K | $3.9K | |
| Temporary Equity Accretion To Redemption Value Adjustment | $338.0K | $6.9M | |||
| Prepaid Expense And Other Assets Current | $60.1K | $99.5K | $56.0K | $268.2K | |
| Assets Held In Trust Noncurrent | $0.00 | $1.8M | $4.9M | $117.2M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $5.2M | -$567.1K | $511.7K | $805.6K | |
| Franchise Tax Payable Current | $13.2K | -$163.2K | -$2.4K | ||
| Derivative Liabilities Current | $430.0K | ||||
| Accounts Payable And Accrued Liabilities Current | $829.4K | $6.0K | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | $5.3M | $40.8K | $607.9K | $96.2K | |
| Marketable Securities Unrealized Gain Loss | $1.6M | ||||
| Accretion Of Common Stock Subject To Possible Redemption To Redemption Value | $338.0K | $6.9M | |||
| Restricted Cash Current | $0.00 | $2.0K | $0.00 | ||
| Restricted Cash And Cash Equivalents At Carrying Value | $3.9K | ||||
| Liabilities Current | $16.9M | $18.7M | $14.1M | ||
| Excise Tax Liability Arising From Redemption Of Class Shares | 1.1M | ||||
| Goodwill | $20.8M | $6.6M | $6.6M | ||
| Notes Payable Current | $1.6M | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Continuing Operations | -$800.8K | $805.6K | |||
| Amortization Of Debt Discount Premium | $242.1K | $6.6K | $1.1M | ||
| Property Plant And Equipment Net | $0.00 | $20.3K | $33.7K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $19.1M | $14.0M | $12.9M | -$3.7M | -$3.4M | -$2.8M | -$2.9M | -$2.6M | -$2.1M | $141.5K | $281.7K | $1.0M | $22.0K | $22.5K | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $45.2K | $14.9K | $1.0K | $8.7K | $302.6K | $258.6K | $386.3K | $809.5K | $475.8K | $618.6K | $800.7K | $11.4K | $14.1K | |||||
| Retained Earnings Accumulated Deficit | -$21.8M | -$18.7M | -$13.5M | -$3.9M | -$3.5M | -$2.8M | -$2.9M | -$2.6M | -$2.1M | -$1.5M | -$1.3M | -$601.8K | ||||||
| Liabilities And Stockholders Equity | $32.3M | $30.7M | $31.5M | $2.9M | $2.7M | $3.1M | $3.7M | $8.5M | $8.6M | $117.6M | $117.3M | $117.4M | ||||||
| Liabilities | $16.9M | $20.3M | $22.1M | $4.0M | $3.4M | $2.9M | $3.3M | $3.0M | $2.7M | $941.4K | $877.5K | $259.7K | ||||||
| Assets Current | $7.0M | $5.6M | $6.7M | $313.7K | $149.0K | $108.5K | $406.3K | $446.6K | $658.7K | $758.9K | $916.5K | $1.1M | ||||||
| Assets | $32.3M | $30.7M | $31.5M | $2.9M | $2.7M | $3.1M | $3.7M | $8.5M | $8.6M | $117.6M | $117.3M | $117.4M | ||||||
| Common Stock Value | $266.00 | $4.0K | $3.2K | $1.1K | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $323.00 | $324.00 | $324.00 | |||||
| Cash And Cash Equivalents At Carrying Value | $3.7M | $1.0M | $302.6K | $258.6K | $386.3K | $809.5K | $475.8K | $618.6K | $800.7K | |||||||||
| Temporary Equity Accretion To Redemption Value Adjustment | -$17.0K | $39.5K | $95.5K | $170.7K | $377.4K | $5.7M | ||||||||||||
| Prepaid Expense And Other Assets Current | $57.1K | $54.3K | $110.9K | $20.3K | $40.5K | $103.7K | $188.1K | $272.4K | $283.1K | $298.0K | $312.8K | |||||||
| Assets Held In Trust Noncurrent | $0.00 | $2.6M | $2.6M | $3.0M | $3.3M | $3.3M | $8.0M | $116.8M | $116.2M | $116.1M | ||||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $2.2M | -$400.9K | -$423.2K | $796.8K | $14.1K | |||||||||||||
| Franchise Tax Payable Current | -$18.0K | -$18.0K | -$25.7K | -$21.2K | -$21.2K | -$22.0K | -$11.0K | -$150.0K | -$95.7K | -$45.7K | ||||||||
| Derivative Liabilities Current | $0.00 | $0.00 | $0.00 | $665.1K | $642.5K | $597.3K | $386.9K | $430.0K | ||||||||||
| Accounts Payable And Accrued Liabilities Current | $1.9M | $1.6M | $1.2M | $1.1M | $952.7K | $946.9K | $941.3K | $702.9K | $781.8K | $213.9K | ||||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | $3.7M | $1.0M | $2.3M | $75.7K | $198.1K | $206.9K | ||||||||||||
| Marketable Securities Unrealized Gain Loss | $48.6K | $94.0K | $189.2K | $516.3K | $159.4K | -$59.7K | ||||||||||||
| Accretion Of Common Stock Subject To Possible Redemption To Redemption Value | $170.7K | $5.7M | ||||||||||||||||
| Restricted Cash Current | $0.00 | $45.2K | $14.9K | $1.0K | $8.7K | |||||||||||||
| Restricted Cash And Cash Equivalents At Carrying Value | $45.2K | $14.9K | $1.0K | $8.7K | $258.6K | $386.3K | $809.5K | |||||||||||
| Liabilities Current | $16.6M | $20.0M | $21.8M | $941.4K | $877.5K | $259.7K | $313.4K | |||||||||||
| Excise Tax Liability Arising From Redemption Of Class Shares | -3.5M | 3.3K | 1.1M | |||||||||||||||
| Goodwill | $20.8M | $20.8M | $20.5M | |||||||||||||||
| Notes Payable Current | $2.7M | $2.7M | $3.1M | $2.5M | $230.0K | |||||||||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Continuing Operations | -$7.6K | -$423.2K | ||||||||||||||||
| Amortization Of Debt Discount Premium | $64.9K | |||||||||||||||||
| Property Plant And Equipment Net | $0.00 | $16.8K | $18.6K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Share-Based Compensation * | $3.9M | $10.0K | $327.5K | |
| Net Cash Provided By Used In Operating Activities | -$12.1M | -$1.4M | -$2.0M | -$1.3M |
| Net Cash Provided By Used In Financing Activities | $15.9M | $1.7M | $3.2M | $117.7M |
| Net Cash Provided By Used In Investing Activities | $1.4M | -$885.1K | -$706.7K | -$115.6M |
| Increase Decrease In Franchise Tax Payable | -$142.0K | $160.8K | ||
| Proceeds From Issuance Of Private Placement | $4.8M | $1.0M | $2.0M | $3.8M |
| Increase Decrease In Prepaid Deferred Expense And Other Assets | -$276.7K | $286.1K | ||
| Increase Decrease In Accounts Payable Accrued Liabilities And Income Tax Payables | $269.7K | $1.1M | ||
| Payments For Repurchase Of Common Stock | $1.0M | $0.00 | $114.3M | |
| Increase Decrease In Accounts And Other Receivables | -$363.4K | $3.5M | $4.6M | |
| Increase Decrease In Prepaid Expenses Other | -$39.3K | $43.4K | $40.9K | |
| Proceeds From Cash Withdrawn From Trust Account | $114.3M | |||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$836.6K | $562.9K | $1.1M | |
| Proceeds From Issuance Initial Public Offering | $114.5M | |||
| Payments To Acquire Property Plant And Equipment | $455.0K | $448.0K | $12.8K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q1 2025 | Q3 2024 | Q1 2024 | Q1 2023 | Q1 2022 | Q2 2021 |
|---|---|---|---|---|---|---|---|
| Share-Based Compensation * | $2.1M | $9.3M | $0.00 | $10.0K | |||
| Net Cash Provided By Used In Operating Activities | -$2.7M | -$272.4K | -$393.2K | -$802.2K | -$893.00 | ||
| Net Cash Provided By Used In Financing Activities | $3.2M | -$23.5K | -$109.4M | $117.7M | $15.0K | ||
| Net Cash Provided By Used In Investing Activities | $1.8M | -$105.0K | $109.4M | -$116.2M | |||
| Increase Decrease In Franchise Tax Payable | $4.5K | -$152.2K | $43.3K | ||||
| Proceeds From Issuance Of Private Placement | $3.8M | ||||||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | $11.4K | -$4.9K | -$13.6K | $522.8K | |||
| Increase Decrease In Accounts Payable Accrued Liabilities And Income Tax Payables | $119.0K | $149.3K | $207.9K | ||||
| Payments For Repurchase Of Common Stock | $327.4K | $109.4M | |||||
| Increase Decrease In Accounts And Other Receivables | $1.3M | $507.1K | |||||
| Increase Decrease In Prepaid Expenses Other | |||||||
| Proceeds From Cash Withdrawn From Trust Account | $327.4K | $109.4M | |||||
| Increase Decrease In Accounts Payable And Accrued Liabilities | -$467.8K | $530.0K | |||||
| Proceeds From Issuance Initial Public Offering | $114.5M | $25.0K | |||||
| Payments To Acquire Property Plant And Equipment | $70.0K | $105.0K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | |
| Common Stock Shares Outstanding | 3.6M | 391.4K | 7.3M | 3.3M | 2.9M |
| Preferred Stock Shares Authorized | 20.0M | 20.0M | 20.0M | 1.0M | 1.0M |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Common Stock Shares Authorized | 300.0M | 300.0M | 70.0M | 50.0M | 50.0M |
| Common Stock Shares Issued | 3.6M | 391.4K | 7.3M | 3.3M | 2.9M |
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | |||
| Preferred Stock Shares Issued | 0.00 | 0.00 | |||
| Weighted Average Number Of Diluted Shares Outstanding | 1.8M | 904.9K | 14.8M | ||
| Earnings Per Share Diluted | $-13.39 | $1.66 | $-0.14 | ||
| Weighted Average Number Of Shares Outstanding Basic | 1.8M | 282.4K | 14.8M | ||
| Earnings Per Share Basic | $-13.44 | $4.35 | $-0.14 | ||
| Temporary Equity Redemption Price Per Share | $10.83 | $10.10 | |||
| Temporary Equity Shares Outstanding | 0.00 | 5.8K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Common Stock Shares Outstanding | 2.7M | 40.4M | 32.1M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | ||||
| Preferred Stock Shares Authorized | 20.0M | 20.0M | 20.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | ||||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| Common Stock Shares Authorized | 300.0M | 100.0M | 100.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | ||||
| Common Stock Shares Issued | 2.7M | 40.4M | 32.1M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | 3.3M | ||||||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Weighted Average Number Of Diluted Shares Outstanding | 2.0M | 34.9M | 18.3M | 1.1M | 32.4M | 14.9M | 9.7M | 2.5M | ||||||||
| Earnings Per Share Diluted | $-1.59 | $-0.15 | $-0.56 | $0.11 | $0.01 | $-0.02 | $0.00 | |||||||||
| Weighted Average Number Of Shares Outstanding Basic | 2.0M | 34.8M | 18.3M | 498.9K | 15.0M | 14.9M | 9.7M | |||||||||
| Earnings Per Share Basic | $-1.59 | $-0.15 | $-0.56 | $0.23 | $0.02 | $-0.02 | ||||||||||
| Temporary Equity Redemption Price Per Share | $10.83 | $10.83 | $10.83 | $10.73 | $10.10 | $10.10 | $10.10 | $10.10 | $10.10 | $10.10 | ||||||
| Temporary Equity Shares Outstanding | 0.00 | 0.00 | 0.00 | 11.5M | 11.5M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Professional Fees And Other Expenses | $1.1M | $1.9M | |||
| Franchise Tax | $21.3K | $163.3K | |||
| Additional Paid In Capital | $47.0M | $9.7M | $1.6M | $24.7K | |
| Stock Issued During Period Value New Issues | $3.7M | $1.0M | $2.0M | ||
| Derivative Gain Loss On Derivative Net | -$235.1K | ||||
| Payment For Deposit To Trust Account | $60.1K | $116.2M | |||
| Depreciation | $20.3K | $13.3K | $25.8K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Professional Fees And Other Expenses | $375.0K | $584.2K | $252.2K | $247.8K | $187.7K | $355.4K | $136.3K | $831.8K | $484.8K | $545.00 | $2.5K | ||||
| Franchise Tax | -$7.7K | $4.5K | -$800.00 | $11.0K | $11.1K | $54.3K | $50.0K | $45.8K | |||||||
| Additional Paid In Capital | $40.9M | $32.7M | $26.3M | $6.7M | $119.5K | $119.5K | $1.6M | $1.6M | $1.6M | ||||||
| Stock Issued During Period Value New Issues | $200.00 | $354.8K | $3.3M | $3.8M | $25.0K | ||||||||||
| Derivative Gain Loss On Derivative Net | $0.00 | $0.00 | $665.1K | -$45.2K | -$210.4K | $43.1K | |||||||||
| Payment For Deposit To Trust Account | $30.0K | $116.2M | |||||||||||||
| Depreciation | $1.7K | $2.2K |
Most recent annual filing with the SEC: March 31, 2026
Data sourced from SEC EDGAR public filings as of August 6, 2026.