SideChannel, Inc. reported second quarter of the fiscal year ending September 30, 2026 ("FY 2026") results: revenue $1.6 million, net income $444 thousand, EPS $0.10 per share.
“companies, today announced its financial results for the second quarter of the fiscal year ending September 30, 2026 (“FY 2026”). FY 2026 Second Quarter Highlights ● Revenue of $1.6 million, representing $318 thousand, or 16.8%, less than fiscal year ended September 30, 2025 (“FY 2025”) second quarter revenue of $1.9 million. ● Gross margin of 53.5%, 380 basis”
Matt Klein was appointed as Chief Operating Officer at SideChannel, Inc..
“On July 25, 2024, SideChannel, Inc. (the “Company”) appointed Matt Klein as the Company’s Chief Operating Officer.”
James Hansen resigned as Member of the Board of Directors at SideChannel, Inc..
“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.”
Kevin Powers resigned as Director at SideChannel, Inc..
“On April 19, 2024, SideChannel, Inc. (the “Company”), received a letter of resignation (the “Resignation Letter”) from its Director, Kevin Powers.”
Shareholder Votes
SideChannel, Inc. shareholders approved Nonbinding advisory vote on the frequency of future nonbinding advisory votes on the Company’s executive compensation program at the 2024-02-15 meeting.
“To approve a nonbinding advisory vote on the frequency of future nonbinding advisory votes on the Company’s executive compensation program”
Shareholder Votes
SideChannel, Inc. shareholders approved Ratification of the Audit Committee’s selection of RBSM, LLP as Independent Registered Public Accounting Firm for the year ending September 30, 2024 at the 2024-02-15 meeting.
“Stockholders ratified the appointment of RBSM, LLP as the independent auditors of the Company for the fiscal year ending September 30, 2024, in accordance with the voting results listed below.”
Shareholder Votes
SideChannel, Inc. shareholders approved Election of seven directors to one-year terms at the 2024-02-15 meeting.
“Each of the following seven nominees was elected to the Company’s Board of Directors, in accordance with the voting results listed below, to serve for a term of one year, until the next annual meeting of stockholders and until their successors have been duly elected and have qualified.”
Earnings Releases
SideChannel, Inc. reported three months ended December 31, 2023 results: revenue $1.7 million, net income $246,000, EPS $0.00 per share.
“to emerging and middle market companies, today announced its financial results for the three months ended December 31, 2023. First Quarter FY 2024 Highlights ● Revenue of $1.7 million; grew 12.3% versus the first quarter of FY 2023 and 4.6% sequentially. ● Gross margin of 48.7% versus 56.0% in the first quarter of FY 2023 and 51.6% for the fourth quarter of”
Anthony Ambrose retired as Director at SideChannel, Inc..
“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.”
Shareholder Votes
SideChannel, Inc. shareholders approved Authorization of reverse stock split at a ratio within a range of 1-for-2 to 1-for-100 at the 2023-02-15 meeting.
“Proposal 3. Discretionary authority was granted to our Board (i) to combine outstanding shares of our common stock into a lesser number of outstanding shares, or a “reverse stock split,” at a specific ratio within a range of 1-for-2 to a maximum of a 1-for-100 split, with the exact ratio to be determined by our Board in its sole discretion; and (ii) effect the reverse stock split, if at all, within two years of the date the proposal was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 115,048,564 4,374,874 422,578 2”
Shareholder Votes
SideChannel, Inc. shareholders approved Ratification of appointment of RBSM, LLP as independent registered public accounting firm for fiscal year ended September 30, 2023 at the 2023-02-15 meeting.
“Proposal 2. The appointment of RBSM, LLP as the Company’s independent registered public accounting firm for its fiscal year ended September 30, 2023 was ratified and approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 119,423,038 394,481 28,499 0”
Shareholder Votes
SideChannel, Inc. shareholders approved Election of two directors to serve until the 2023 Annual Meeting of Stockholders at the 2023-02-15 meeting.
“Proposal 1 . Two (2) nominees for director were elected to serve until the 2023 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. The result of the votes to elect the two (2) directors was as follows: Directors For Against Abstain Broker Non Vote Anthony Ambrose 83,498,364 0 446,186 35,901,468 Kevin Powers 83,498,325 0 446,225 35,901,468”
Thomas Wilkinson departed as Chairman of the Board at SideChannel, Inc..
“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”
Hugh Regan, Jr. was appointed as Director at SideChannel, Inc..
“Brian Haugli and Hugh Regan, Jr. had been nominated to join the Company’s board of directors”
Brian Haugli was appointed as Director at SideChannel, Inc..
“Brian Haugli and Hugh Regan, Jr. had been nominated to join the Company’s board of directors”
Kevin Powers was elected as Director at SideChannel, Inc..
“The Board elected each of Deborah MacConnel and Kevin Powers to serve as members of the Company’s Board effective immediately”
Deborah MacConnel was elected as Director at SideChannel, Inc..
“The Board elected each of Deborah MacConnel and Kevin Powers to serve as members of the Company’s Board effective immediately”
Sammy Davis resigned as Director at SideChannel, Inc..
“each of David Chasteen and Sammy Davis resigned as members of the Company’s Board”
David Chasteen resigned as Director at SideChannel, Inc..
“each of David Chasteen and Sammy Davis resigned as members of the Company’s Board”
David Chasteen was appointed as Executive Vice President of Sales and Marketing at SideChannel, Inc..
“Mr. Chasteen will remain with the Company as Executive Vice President of Sales and Marketing”
Brian Haugli was appointed as President and Chief Executive Officer at SideChannel, Inc..
“Brian Haugli was appointed as President and Chief Executive Officer of the Company”
David Chasteen resigned as President and Chief Executive Officer at SideChannel, Inc..
“David Chasteen resigned from his position as President and Chief Executive Officer of the Company”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.