CISO Global Inc
For the period ended Sep 30, 2024. Filed Nov 18, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 18, 2024
CISO$0.17-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $443,086 | $241,643 |
| Accounts receivable, net | 1,893,094 | 2,800,209 |
| Prepaid cost of revenue | 174,930 | 244,698 |
| Prepaid expenses and other current assets | 264,572 | 205,919 |
| Contract asset | 223,011 | 197,656 |
| Assets of business held for sale | - | 22,600,715 |
| Total Current Assets | 2,998,693 | 26,290,840 |
| Property and equipment, net | 809,862 | 1,052,637 |
| Right of use asset, net | 583,104 | 762,228 |
| Intangible assets, net | 2,193,956 | 3,546,580 |
| Goodwill | 19,900,550 | 19,900,550 |
| Prepaid cost of revenue, net of current portion | 70,736 | 32,375 |
| Other assets | 70,173 | 70,173 |
| Total Assets | $26,627,074 | $51,655,383 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses | $9,664,060 | $7,597,469 |
| Deferred revenue | 1,267,193 | 1,371,637 |
| Lease liability | 227,911 | 219,342 |
| Loans payable | 2,686,087 | 1,856,245 |
| Line of credit | 2,134,096 | - |
| Convertible notes payable | 2,050,000 | 2,050,000 |
| Convertible notes payable, related party | 5,000,000 | - |
| Liabilities of business held for sale | - | 16,666,096 |
| Total Current Liabilities | 23,029,347 | 29,760,789 |
| Long-term Liabilities: | ||
| Deferred revenue, net of current portion | 86,694 | 84,294 |
| Loans payable, net of current portion | 46,778 | 74,542 |
| Convertible notes payable, related party | - | 5,000,000 |
| Lease liability, net of current portion | 424,018 | 596,307 |
| Total Liabilities | 23,586,837 | 35,515,932 |
| Commitments and Contingencies | - | - |
| Stockholders’ Equity: | ||
| Common stock, $.00001 par value; 300,000,000 shares authorized; 11,821,866 and 11,949,959 issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 123 | 119 |
| Preferred stock, $.00001 par value; 50,000,000 shares authorized; 0 shares issued and outstanding on September 30, 2024 and December 31, 2023, respectively | - | - |
| Additional paid-in capital | 180,076,826 | 172,837,842 |
| Treasury stock, at cost (502,137 and zero shares) | (290,737) | - |
| Accumulated translation adjustment | (3,327) | 1,320,177 |
| Accumulated deficit | (176,742,648) | (158,018,687) |
| Total Stockholders’ Equity | 3,040,237 | 16,139,451 |
| Total Liabilities and Stockholders’ Equity | $26,627,074 | $51,655,383 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.