CISO Global | 10-Q: FY2025 Q3 Revenue: USD 6.462 M

Revenue: As of FY2025 Q3, the actual value is USD 6.462 M.

EPS: As of FY2025 Q3, the actual value is USD -0.05.

EBIT: As of FY2025 Q3, the actual value is USD -2.507 M.

Security Managed Services: Revenue for the three months ended September 30, 2025, was $5,835,909, compared to $6,965,518 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $18,328,092, compared to $21,204,477 in 2024.
Professional Services: Revenue for the three months ended September 30, 2025, was $480,351, compared to $437,209 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $1,572,978, compared to $1,835,932 in 2024.
Cybersecurity Software: Revenue for the three months ended September 30, 2025, was $145,538, compared to $108,570 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $436,637, compared to $304,727 in 2024.

Net Income (Loss): Net income for the three months ended September 30, 2025, was $2,532,428, compared to a net loss of - $3,677,886 for the same period in 2024. For the nine months ended September 30, 2025, net loss was - $5,857,097, compared to - $18,723,961 in 2024.
Gross Profit: Total gross profit for the three months ended September 30, 2025, was $1,607,314, compared to $1,034,068 for the same period in 2024. For the nine months ended September 30, 2025, gross profit was $5,025,756, compared to $2,674,199 in 2024.
Loss from Operations: Loss from operations for the three months ended September 30, 2025, was - $2,634,007, compared to - $3,519,004 for the same period in 2024. For the nine months ended September 30, 2025, loss from operations was - $6,673,139, compared to - $12,657,510 in 2024.

Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was - $6,180,042, compared to - $3,582,726 for the same period in 2024.
Net Cash Provided by Financing Activities: For the nine months ended September 30, 2025, net cash provided by financing activities was $6,299,182, compared to $2,105,679 for the same period in 2024.

Core Business Focus: The company plans to continue focusing on expanding its cybersecurity talent pool and geographical coverage to provide better services to clients. It aims to differentiate itself by remaining technology agnostic and focusing on accumulating highly sought-after topic experts.
Non-Core Business: The company has entered into agreements to issue and sell up to $15 million of Series B Convertible Preferred Stock to B. Riley, subject to certain conditions, over an 18-month period starting September 24, 2025.

Debt Restructuring: The company recognized a gain on troubled debt restructuring of $5,296,103 during the three months ended September 30, 2025, reflecting the difference between the carrying value of the Exchange Notes and the estimated fair value of the Series A Preferred Stock issued.