Matt Klein
On July 25, 2024, SideChannel, Inc. (the “Company”) appointed Matt Klein as the Company’s Chief Operating Officer.
Highest-materiality recent filing
SideChannel Q2 revenue down 16.8% to $1.6M; net loss widens to $444K
Revenue $1.6M, down $318K or 16.8% YoY from $1.9M.
AI applied to cybersecurity delivery accelerates client assessment generation and reduces administrative overhead for vCISO practitioners.
SideChannel Q1 FY2026 revenue down 7% YoY to $1.8M; net loss widens to $0.39M
Revenue $1.774M vs $1.908M YoY; net loss $0.396M ($0.09/sh) vs $0.195M ($0.04/sh).
SideChannel expands Enclave platform to address BEC and add IPv6 support
Enclave's egress routing limits SaaS access to trusted users/devices/locations before login.
SideChannel announces 1-for-52 reverse stock split effective Jan. 22, 2026
Each 52 pre-split shares become 1 share, with fractional shares rounded up.
Reverse split at 1-for-52 ratio; effective 4:00 p.m. ET on Jan 22, 2026 after OTCQB close.
SideChannel Chairwoman Deborah MacConnel to retire at next annual meeting; RSUs accelerated
Deborah MacConnel will step down as Chairwoman and Board member at the next Annual Stockholders Meeting and will not stand for re-election.
SideChannel appoints Anna Seacat to board of directors
Anna Seacat appointed to SideChannel's board effective December 8, 2025.
SideChannel FY2025 revenue $7.4M flat YoY; net loss $892K, cash down $130K
Revenue of $7.351M, down $49K (70 bps) vs FY2024.
SideChannel appoints Jamie Wolf as CMO and Rick Dill as Account Executive
Jamie Wolf named CMO to accelerate brand visibility, go-to-market, and partner ecosystem engagement.
SideChannel appoints Jerod Brennen as VP Cybersecurity Advisor to drive Enclave growth
Jerod Brennen appointed VP – Cybersecurity Advisor, effective Oct 8, 2025.
SideChannel debuts Threat Intelligence Labs and Insider Threat platform at DEF CON 33
Launched Threat Intelligence Labs and Insider Threat Defense Platform at DEF CON 33 in Las Vegas.
SideChannel Q3 revenue $1.8M (-3.8% YoY); net loss widens to $261K
Revenue $1.78M vs $1.85M in Q3 FY2024; gross margin 47.0% vs 48.9%.
SideChannel deploys Enclave with major Arizona city; over 1,700 agents installed
Major Arizona city selected SideChannel's Enclave platform for zero-trust cybersecurity modernization.
SideChannel wins second DoD contract for Enclave zero trust software, 5,000+ agents deployed
Second DoD service branch deploys SideChannel's Enclave zero trust software.
SideChannel Q2 revenue $1.9M, net loss narrows to $54K from $253K YoY
Revenue $1.9M, down 1.7% YoY; gross margin 49.7% up 470 bps from 45.0%.
SideChannel to exhibit at AUSA 2025 Global Force Symposium March 25-27
Will participate as exhibitor at AUSA Global Force Symposium in Huntsville, AL from March 25-27, 2025.
SideChannel shareholders approve reverse stock split; elect five directors
Reverse stock split amendment approved (ratios 1:2 to 1:200, board determines). Votes: 173.2M for, 11.5M against.
SideChannel Q1 revenue up 9.9% to $1.9M; net loss narrows to $195K
Revenue $1.9M (+9.9% YoY); gross margin 45.8%, down 290 bps from 48.7%.
SideChannel partners with Recon Infosec to cross-sell vCISO and managed security services
Recon Infosec clients gain access to SideChannel's virtual CISO services for security program management.
SideChannel FY2024 revenue $7.4M (+12.8% YoY); net loss narrows to $785K from $7.0M
Revenue $7.416M vs $6.572M in FY2023; gross margin 47.8% (down 290 bps).
SideChannel reschedules FY2024 earnings call to Dec 5, 2024
Fiscal year 2024 financial results call moved from Dec 4 to Dec 5, 2024 at 4:30 pm ET.
SideChannel wins initial DoD contract for Enclave zero-trust solution with R&D agency
Contract with a DoD research and development organization to implement Enclave zero-trust microsegmentation.
SideChannel hires Dutch Schwartz as VP Cloud Services to lead new cloud security practice
Dutch Schwartz appointed VP of Cloud Services; previously Principal Security Specialist at AWS.
Revenue of $1.846M, up 5.5% YoY; gross margin 48.9% (down 100 bps).
SideChannel promotes Matt Klein to COO, hires David Barton as VP of Product
Matt Klein promoted to COO, effective July 25, 2024; he joined in 2022 as Principal Consultant.
SideChannel director James Hansen resigns from Board effective June 18, 2024
James Hansen resigned from the Board on June 18, 2024, to focus on expanding responsibilities at other companies.
SideChannel Q2 revenue up 19% YoY to $1.9M; positive quarterly cash flow from operations
Q2 revenue $1.9M, up 19.2% YoY; YTD revenue $3.7M, up 15.8% YoY.
Director Kevin Powers resigns from SideChannel effective May 7, 2024
Kevin Powers resigned as Director, effective May 7, 2024 (date of Q2 quarterly report filing).
SideChannel moves Q2 FY2024 earnings call date to May 7, 2024
Conference call rescheduled from May 8 to May 7, 2024 at 4:30 PM ET.
SideChannel eliminates all director cash/stock comp; adopts equity plan
Board eliminated Compensation Committee and Nomination & Governance Committee.
SideChannel appoints Gen. Robert Brown, James Hansen, Nick Hnatiw to board; re-elects chairwoman
Gen. Robert Brown, retired four-star general and former U.S. Army Pacific commander, appointed to board.
SideChannel stockholders elect 7 directors, ratify RBSM as auditor, approve nonbinding advisory vote
All 7 director nominees elected: Robert Brown, James Hansen, Brian Haugli, Nick Hnatiw, Deborah MacConnel, Kevin Powers, Hugh Regan, Jr.
SideChannel Q1 FY2024 revenue $1.7M, up 12.3% YoY; net loss $246K
Revenue $1.74M, up 12.3% YoY and 4.6% sequentially; gross margin 48.7% vs 56.0% YoY.
SideChannel announces 2024 quarterly conference call schedule
First call Feb 7, 2024 at 4:30 PM ET for Q1 ended Dec 31, 2023.
SideChannel promotes three employees to senior leadership roles
Dele Owoye promoted to Director of Engineering; Matt Klein and Eric Gauthier to VP of Client Delivery.
Trickle Research initiates coverage on SideChannel with $0.18 price target
12-24 month price target of $0.18 per share set by Trickle Research.
76 investors tendered 43.5M 2021 warrants (78.4% of total 55.5M warrants) in exchange for ~7.3M common shares and 17.4M new warrants.
SideChannel director Anthony Ambrose to retire at next annual meeting; RSU vesting accelerated
Anthony Ambrose will not stand for re-election at the next Annual Stockholders Meeting.
SideChannel withdraws tender offer for warrant exchange due to insufficient participation
Board withdrew Aug 22, 2023 tender offer because not all warrant holders tendered.
SideChannel extends warrant exchange offer to Nov 1; 42.2% tendered
Extended expiration of warrant exchange offer from Sept 19 to Nov 1, 2023.
SideChannel appoints Computershare as transfer agent; shares migrated from Pacific Stock Transfer
Transfer agent changed from Pacific Stock Transfer to Computershare, effective June 26, 2023.
SCS achieved $5.7M trailing 12-month revenue (Mar 31, 2023), exceeding $5.5M milestone.
SideChannel issues 62M shares after SCS revenue milestone; Sellers now own 57.6% of stock
SCS achieved $5.7M trailing 12-month revenue, exceeding $5.5M earnout milestone.
SideChannel CFO Ryan Polk gets base raise to $175k, equity grant doubled
Annual base salary increased from $150,000 to $175,000 retroactive to Oct 1, 2022.
Elected Anthony Ambrose and Kevin Powers to board; ratified RBSM as auditor.
SideChannel Chairman Thomas Wilkinson to retire; board reduced to 5; accelerated RSU vesting
Chairman Tom Wilkinson will retire and not stand for re-election at Feb 15, 2023 Annual Meeting.
SideChannel files SCS financials; SCS revenue up 124% in FY2021, growth slows in 9 months
SCS revenue $2.8M in FY2021 (vs $1.25M in FY2020); net income $512.6K (vs $303.9K).
SideChannel expands board to 6; appoints CEO Haugli and independent director Regan
Board expanded from 4 to 6 members; Brian Haugli (CEO) and Hugh Regan Jr. appointed.
Acquired SideChannel for 59.9M common shares and 100 Series A Preferred; additional 59.9M shares contingent on $5.5M revenue milestone within 48 months.
On July 25, 2024, SideChannel, Inc. (the “Company”) appointed Matt Klein as the Company’s Chief Operating Officer.
On June 18, 2024, James Hansen, a member of the Board of Directors (the “Board”) of SideChannel, Inc. (the “Company”) resigned from his position on the Board.
On April 19, 2024, SideChannel, Inc. (the “Company”), received a letter of resignation (the “Resignation Letter”) from its Director, Kevin Powers.
On November 6, 2023, Anthony Ambrose, a current Member of the Board of Directors ("Board") of SideChannel, Inc., (the "Company"), and the Chairman of the Nomination and Corporate Governance Committee, has informed the Company of his upcoming retirement from the Board of Directors.
Thomas Wilkinson, current Chairman of the Board of Directors (“Board”) of SideChannel, Inc., (the “Company”), has informed the Company of his decision to retire from the Board and will not be standing for re-election
Brian Haugli and Hugh Regan, Jr. had been nominated to join the Company’s board of directors
Brian Haugli and Hugh Regan, Jr. had been nominated to join the Company’s board of directors
Brian Haugli was appointed as President and Chief Executive Officer of the Company
each of David Chasteen and Sammy Davis resigned as members of the Company’s Board
The Board elected each of Deborah MacConnel and Kevin Powers to serve as members of the Company’s Board effective immediately
Mr. Chasteen will remain with the Company as Executive Vice President of Sales and Marketing
David Chasteen resigned from his position as President and Chief Executive Officer of the Company
Max materiality 0.85 · Median 0.50 · Most common event other_material