CISO Global, Inc.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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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.
Mar 31, 2025 · Filed May 15, 2025
CISO$0.17-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(Unaudited)
| March 31, 2025 · March 31, 2024 | ||||
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net loss | $(5,379,604) | $(6,609,199) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Stock based compensation - stock options | 850,992 | 2,204,272 | ||
| Stock based compensation - common stock | 7,460 | - | ||
| Non-cash interest expense | 7,898,323 | 68,071 | ||
| Depreciation and amortization | 312,224 | 760,281 | ||
| Right of use amortization | 41,707 | 57,346 | ||
| Other | 1,750 | 117,066 | ||
| Loss on extinguishment of convertible notes | 839,151 | - | ||
| Change in fair value of derivative liability | (5,387,691) | |||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable, net | 95,811 | 1,711,217 | ||
| Inventory | - | 199,826 | ||
| Contract assets | (32) | 2,964 | ||
| Prepaids and other current assets | (738,475) | (213,949) | ||
| Accounts payable and accrued expenses | (1,334,029) | (120,323) | ||
| Lease liability | (36,349) | (30,155) | ||
| Deferred revenue | (124,746) | 443,950 | ||
| Net cash used in operating activities | (2,953,508) | (1,408,633) | ||
| Cash flows from investing activities: | ||||
| Purchases of property and equipment | - | (75,571) | ||
| Net cash used in investing activities | - | (75,571) | ||
| Cash flows from financing activities: | ||||
| Proceeds from sale of common stock | 1,719,556 | 48,087 | ||
| Proceeds from loan payable | - | 2,201,984 | ||
| Proceeds from convertible notes payable, related party | 5,000,000 | - | ||
| Proceeds from lines of credit | 1,000,000 | 2,413,599 | ||
| Payment on lines of credit | (923,851) | (137,634) | ||
| Payment on loans payable | (1,639,284) | (2,468,002) | ||
| Payment of convertible note payable | - | - | ||
| Payment of debt issuance cost | (1,408,642) | (44,000) | ||
| Net cash provided by financing activities | 3,747,779 | 2,014,034 | ||
| Effect of exchange rates on cash and cash equivalents | - | (75,283) | ||
| Net increase in cash and cash equivalents | 794,271 | 454,547 | ||
| Cash and cash equivalents - beginning of the period | 992,589 | 1,062,442 | ||
| Cash and cash equivalents - end of the period | $1,786,860 | $1,516,989 | ||
| Supplemental cash flow information: | ||||
| Cash paid for: | ||||
| Interest | $251,835 | $629,364 | ||
| Income taxes | $ | - | $ | - |
| Supplemental disclosure of non-cash transactions: | ||||
| Common stock issued in exchange for services | $91,000 | $ | - | |
| Common stock issued as a lending discount | $ | - | $122,000 | |
| Debt conversion to equity | $7,705,000 | $ | - | |
CISO GLOBAL, INC. and subsidiaries
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.