Cycurion, Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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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.
Jun 30, 2026 · Filed Aug 14, 2026
CYCU$2.47+3.3%Stored close · as of Nov 9, 2026
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4. Accounts Receivable, Net
- ACCOUNTS RECEIVABLE, NET
| Table 4.1: Details of Accounts Receivable, Net | ||
|---|---|---|
| June 30, 2026 | December 31, 2025 | |
| Billed accounts receivable | $2,728,891 | $1,518,937 |
| Billed accounts receivable - factored | 1,368,916 | 1,591,240 |
| Unbilled accounts receivable | 18,258 | 45,325 |
| Allowance for credit losses | (394,545) | (468,023) |
| Accounts receivable, net | $3,721,520 | $2,687,479 |
| Table 4.2: Changes in Allowance for Credit Losses | ||||
|---|---|---|---|---|
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Balance at beginning of period | $469,383 | $— | $468,023 | $— |
| Recovery of credit losses, net | (74,838) | — | (73,478) | — |
| Balance at end of period | $394,545 | $— | $394,545 | $— |
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