other_material
confidence high
sentiment positive
materiality 0.80
Cycurion reports $69M contracted backlog and regains Nasdaq compliance
Cycurion, Inc.
- $69M contracted backlog from multi-year awards (1-5 yr life); incremental to existing revenue; small revenue recognized to date.
- CEO: current annualized run-rate ~$16M; expects return to growth and positive adjusted EBITDA in coming quarters.
- Regained Nasdaq compliance on Equity Rule ($10.45M equity) and MVPHS Rule; April MVLS deficiency closed.
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