SideChannel Q1 FY2026 revenue down 7% YoY to $1.8M; net loss widens to $0.39M

SideChannel, Inc.

2026-Q1 EPS reported -$0.09 revenue$1,774,000

Revenue $1.774M vs $1.908M YoY; net loss $0.396M ($0.09/sh) vs $0.195M ($0.04/sh).
Gross margin improved 540 bps to 51.2%; operating expenses up 21.2% to $1.309M.
Cash & equivalents fell $570k to $595k at Dec 31, 2025 from Sep 30, 2025.
Plan to cut annual operating costs by $930k in remainder of FY2026 to extend cash runway.
Brian Haugli appointed Chairman effective Feb 12, 2026, succeeding Deborah MacConnel.

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