Cycurion updates on $112M backlog, cost cuts, lawsuit; targets margin expansion

Cycurion, Inc.

Contracted backlog of ~$112M provides multi-year revenue visibility; public health contracts add $1.35M revenue ($1.165M new ARR).
Implemented $2.2M in annualized cost savings; net debt reduced over 70% to under $3M; cash over $5M.
Initiated John Doe lawsuit and litigation hold letters to 16 market makers over alleged defamation and market manipulation.
Trading at ~0.5x trailing revenue vs. sector multiples of 5-12x; management expects valuation re-rating.
Investor event on April 21, 2026; company claims early profitability at current revenue scale.

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