secwatch.observer — SEC 8-K summary
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Issuer:     SideChannel, Inc. (SDCH)
CIK:        0001022505
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001493152-24-048799
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SideChannel FY2024 revenue $7.4M (+12.8% YoY); net loss narrows to $785K from $7.0M
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- Revenue $7.416M vs $6.572M in FY2023; gross margin 47.8% (down 290 bps).
- Net loss $785K ($0.00/share) vs $7.0M ($0.04) prior year; operating loss $821K.
- Cash provided by operations positive; cash & short-term investments $1.3M, up $242K.
- Revenue retention 69.2% (down 180 bps from 71.0%); operating expenses down 22% ex-items.
- Management targets multiple quarters of Enclave revenue growth and building sales team.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022505/000149315224048799/0001493152-24-048799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022505/000149315224048799/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048799

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