{"schema_version":"secwatch.filing_event.v1","accession":"0001868419-26-000020","form_type":"8-K","ticker":"CYCU","cik":"0001868419","company_name":"Cycurion, Inc.","filed_at":"2026-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.187012+00:00","generated_at":"2026-05-15T05:10:18.461896+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cycurion updates on $112M backlog, cost cuts, lawsuit; targets margin expansion","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001868419-26-000020","json":"https://secwatch.observer/filing/0001868419-26-000020.json","markdown":"https://secwatch.observer/filing/0001868419-26-000020.md","text":"https://secwatch.observer/filing/0001868419-26-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868419/000186841926000020/0001868419-26-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868419/000186841926000020/cycu-20260415.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:10:18.461896+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"}