SideChannel Q2 revenue up 19% YoY to $1.9M; positive quarterly cash flow from operations

SideChannel, Inc.

2024-Q2 EPS reported $0.00 revenue$3,663,000

Q2 revenue $1.9M, up 19.2% YoY; YTD revenue $3.7M, up 15.8% YoY.
Net loss $253K ($0.00/sh) vs $856K year ago; operating expenses down 29.3%.
Cash from operations positive at $32K; cash balance $851K vs $819K prior quarter.
Trailing twelve-month revenue $7.1M; revenue retention 74.6%.
CEO cites expanding sales channels and progress toward quarterly profitability.

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