{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-024421","form_type":"8-K","ticker":"CYCU","cik":"0001868419","company_name":"Cycurion, Inc.","filed_at":"2025-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.455735+00:00","generated_at":"2026-05-17T12:32:23.322809+00:00","sec_items":["8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Q2 revenue down 22% to $3.9M; net loss $5.3M; $69M in new contracts; adj. loss $0.04/shr","bullets":["Q2 net revenues $3.9M (-22.3% YoY); gross profit $0.2M (-77%); net loss $5.3M vs income $0.3M in Q2 2024.","Adjusted net loss per share $0.04 after removing $677k merger costs, $1M consulting comp, $1M stock comp, $900k preferred conversions.","Q2 adjusted EBITDA loss $(1.0M) vs positive $0.7M in Q2 2024; H1 net loss $15.5M.","Secured $69M in contracts including $33M higher-ed renewal (through 2030) and $22M state police award.","Working capital deficit $14.3M; cash $1.0M; converted $3.5M debt to equity in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-024421","json":"https://secwatch.observer/filing/0001641172-25-024421.json","markdown":"https://secwatch.observer/filing/0001641172-25-024421.md","text":"https://secwatch.observer/filing/0001641172-25-024421.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868419/000164117225024421/0001641172-25-024421-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868419/000164117225024421/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T12:32:23.322809+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}