CYCURION INC C/WTS 13/02/2030 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 3.87 M

Revenue: As of FY2025 Q1, the actual value is USD 3.87 M.

EPS: As of FY2025 Q1, the actual value is USD -0.56.

Segment Revenue

• Total Revenue: $3,870,050 for the three months ended March 31, 2025, compared to $4,242,855 for the same period in 2024, representing an 8.79% decrease.

Operational Metrics

• Gross Profit: $677,763 for the three months ended March 31, 2025, compared to $346,714 for the same period in 2024.
• Operating Loss: -$10,097,505 for the three months ended March 31, 2025, compared to -$32,263 for the same period in 2024.
• Net Loss: -$10,248,486 for the three months ended March 31, 2025, compared to -$312,475 for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: -$2,745,109 for the three months ended March 31, 2025, compared to -$272,446 for the same period in 2024.
• Net Cash Provided by Investing Activities: $1,799,523 for the three months ended March 31, 2025, compared to -$105,001 for the same period in 2024.
• Net Cash Provided by Financing Activities: $3,173,991 for the three months ended March 31, 2025, compared to -$23,483 for the same period in 2024.

Unique Metrics

• Stock-Based Compensation: $9,250,000 for the three months ended March 31, 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue improving operations to generate positive cash flows and intends to undertake a public offering to raise additional capital. Management believes that the valuation and liquidity brought by a public offering will allow holders of convertible notes and convertible preferred stockholders to convert their securities into common stock, reducing the company’s overall leverage and debt service requirement.
• Non-Core Business: The company is focusing on more profitable business and delayed start dates of new federal, state, and local contracts.