---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-025564"
form_type: "8-K/A"
ticker: "SDCH"
cik: "0001022505"
company_name: "SideChannel, Inc."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T10:39:17.586407+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SideChannel files SCS financials; SCS revenue up 124% in FY2021, growth slows in 9 months

## Summary
- SCS revenue $2.8M in FY2021 (vs $1.25M in FY2020); net income $512.6K (vs $303.9K).
- For 9 months ended June 30, 2022 unaudited: revenue $3.56M, net income ~$40K (from retained earnings change).
- Acquisition consideration: 59.9M common shares + 100 Series A preferred; earn-out up to 59.9M shares if SCS exceeds $5.5M revenue in any 12 months.
- Sellers received ~40.4% of combined common stock; could rise to ~57.5% if earn-out achieved.
- SCS had $428.9K cash, $535.6K receivables, and $50K promissory note as of June 30, 2022.

## SEC filing metadata
- accession: 0001493152-22-025564
- form_type: 8-K/A
- ticker: SDCH
- cik: 0001022505
- company_name: SideChannel, Inc.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022505/000149315222025564/0001493152-22-025564-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022505/000149315222025564/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-025564
- JSON: https://secwatch.observer/filing/0001493152-22-025564.json
- Plain text: https://secwatch.observer/filing/0001493152-22-025564.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.