Revenue: As of FY2026 Q1, the actual value is USD 6.22 M.EPS: As of FY2026 Q1, the actual value is USD -0.04.EBIT: As of FY2026 Q1, the actual value is USD -1.317 M.CISO Global Inc. operates as a single reportable segment, with its Chief Executive Officer evaluating consolidated financial performance and allocating resources based on consolidated net loss .<h4>Revenue</h4>Total revenue for the three months ended March 31, 2026, decreased by - $941,997 to $6,220,325, compared to $7,162,322 for the same period in 2025 . Security Managed Services: Revenue decreased by - $904,885 (14%) to $5,540,348 for Q1 2026, from $6,445,233 in Q1 2025, primarily due to the loss of several higher-revenue customers, partially offset by new customer acquisitions . Professional Services: Revenue decreased by - $84,852 (15%) to $484,971 for Q1 2026, from $569,823 in Q1 2025, mainly due to fewer customer projects . Cybersecurity Software: Revenue increased by $47,740 (32%) to $195,006 for Q1 2026, from $147,266 in Q1 2025, driven by the launch of internally developed cybersecurity software products .<h4>Cost of Revenue</h4>Total cost of revenue decreased by - $984,502 to $4,396,218 for Q1 2026, compared to $5,380,720 for Q1 2025 . Security Managed Services: Cost of revenue decreased by - $363,893 (18%) to $1,639,954 for Q1 2026, from $2,003,847 in Q1 2025, due to lower costs from service vendors . Professional Services: Cost of revenue decreased by - $10,822 (22%) to $39,370 for Q1 2026, from $50,192 in Q1 2025, due to reduced use of outside consultants . Cybersecurity Software: Cost of revenue increased by $23,113 (70%) to $56,343 for Q1 2026, from $33,230 in Q1 2025, linked to the launch of new software products . Cost of Payroll: Decreased by - $166,747 (6%) to $2,585,299 for Q1 2026, from $2,752,046 in Q1 2025, due to headcount reductions . Stock-based Compensation (Cost of Revenue): Decreased by - $466,153 (86%) to $75,252 for Q1 2026, from $541,405 in Q1 2025, reflecting lower grant date fair values of equity awards and forfeitures by terminated employees .<h4>Gross Profit</h4>Total gross profit increased by $42,505 to $1,824,107 for Q1 2026, from $1,781,602 in Q1 2025 .<h4>Operating Expenses</h4>Total operating expenses decreased by - $223,190 to $3,268,157 for Q1 2026, from $3,491,347 in Q1 2025 . Professional Fees: Increased by $175,487 (34%) to $689,166 for Q1 2026, from $513,679 in Q1 2025, due to higher accounting and consultant fees, partially offset by lower audit and legal fees . Advertising and Marketing: Increased by $8,832 for Q1 2026, from $3,730 in Q1 2025, due to increased marketing spend . Selling, General, and Administrative: Decreased by - $308,583 (12%) to $2,348,308 for Q1 2026, from $2,656,891 in Q1 2025, primarily due to lower bad debt expense, insurance, and company-used software . Stock-based Compensation (Operating Expenses): Decreased by - $98,926 (31%) to $218,121 for Q1 2026, from $317,047 in Q1 2025, due to lower grant date fair values and forfeitures .<h4>Loss from Operations</h4>Loss from operations improved by $265,695 to - $1,444,050 for Q1 2026, from - $1,709,745 in Q1 2025 .<h4>Other (Expense) Income</h4><ul><li>Change in Fair Value of Derivative Liability: Decreased by - $5,387,691 to $0 for Q1 2026, from $5,387,691 in Q1 2025, due to the conversion of certain convertible notes in 2025 .</li><li>Loss on Extinguishment of Convertible Notes: Decreased by $839,151 to $0 for Q1 2026, from - $839,151 in Q1 2025, due to the conversion of all remaining convertible notes in 2025 .</li><li>Interest Expense, Net: Decreased by $8,085,820 to - $127,051 for Q1 2026, from - $8,212,871 in Q1 2025, primarily due to the elimination of accretion and amortization of debt issuance costs from converted convertible notes .</li><li>Other Expense: Increased by - $12,277 to - $17,805 for Q1 2026, from - $5,528 in Q1 2025, mainly due to unrealized foreign exchange losses .</li></ul><h4>Net Loss</h4>Net loss improved to - $1,588,906 for Q1 2026, compared to - $5,379,604 for Q1 2025 .<h4>Cash Flows</h4><ul><li>Net cash used in operating activities: - $879,816 for Q1 2026, compared to - $2,953,508 for Q1 2025 .</li><li>Net cash used in investing activities: - $8,911 for Q1 2026, compared to $0 for Q1 2025, due to purchases of property and equipment .</li><li>Net cash used in financing activities: - $167,192 for Q1 2026, compared to $3,747,779 provided by financing activities for Q1 2025 .</li></ul><h4>Liquidity and Capital Resources</h4>CISO Global Inc. has substantial doubt about its ability to continue as a going concern due to incurred losses, historical cash used in operations, and a working capital deficit of - $5,523,902 as of March 31, 2026 . The company’s ability to fund ongoing operations is highly dependent on raising additional capital and restructuring operations . A conversion notice for Series B Preferred Stock on April 1, 2026, obligates the company to redeem the remaining shares and make monthly payments totaling approximately $1,866,900 over eleven months, increasing near-term liquidity needs .<h4>Future Outlook and Strategy</h4>CISO Global Inc. is actively monitoring its stock bid price and market value to regain compliance with Nasdaq listing rules, considering options such as a reverse stock split if necessary . The company plans to address its liquidity needs by seeking additional capital through equity or debt financing and operational restructuring to improve revenue and reduce expenses . However, there is no assurance that sufficient funds will be available on acceptable terms to meet these obligations and support future operations .

CISO Global | 10-Q: FY2026 Q1 Revenue: USD 6.22 M