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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
| Quarter Ended | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| Revenue: | ||
| Security managed services | $6,445,233 | $7,158,633 |
| Professional services | 569,823 | 766,498 |
| Cybersecurity software | 147,266 | 100,283 |
| Total revenue | 7,162,322 | 8,025,414 |
| Cost of revenue: | ||
| Security managed services | 2,003,847 | 2,553,949 |
| Professional services | 50,192 | 155,580 |
| Cybersecurity software | 33,230 | 30,505 |
| Cost of payroll | 2,752,046 | 3,481,908 |
| Stock based compensation | 541,405 | 1,097,250 |
| Total cost of revenue | 5,380,720 | 7,319,192 |
| Total gross profit | 1,781,602 | 706,222 |
| Operating expenses: | ||
| Professional fees | 513,679 | 491,067 |
| Advertising and marketing | 3,730 | 26,438 |
| Selling, general and administrative | 2,656,891 | 3,978,594 |
| Stock based compensation | 317,047 | 1,107,222 |
| Total operating expenses | 3,491,347 | 5,603,321 |
| Loss from operations | (1,709,745) | (4,897,099) |
| Other income (expense): | ||
| Other income (expense) | (5,528) | 38,892 |
| Loss on extinguishment of convertible notes | (839,151) | - |
| Change in fair value of derivative liability | 5,387,691 | - |
| Interest expense, net | (8,212,871) | (749,825) |
| Total other expense, net | (3,669,859) | (710,933) |
| Loss from continuing operations before income taxes | (5,379,604) | (5,608,032) |
| Benefit from income taxes | - | - |
| Loss from continuing operations | (5,379,604) | (5,608,032) |
| Loss from discontinued operations, net of income taxes | - | (1,001,167) |
| Net Loss | (5,379,604) | (6,609,199) |
| Foreign currency translation adjustment | (4,206) | (663,003) |
| Comprehensive loss | $(5,383,810) | $(7,272,202) |
| Net loss per common share - basic and diluted: | ||
| Continuing operations | $(0.38) | $(0.47) |
| Discontinued operations | - | (0.08) |
| $(0.38) | $(0.55) | |
| Weighted average shares outstanding - basic | 14,204,831 | 11,956,137 |
| Weighted average shares outstanding - diluted | 14,204,831 | 11,956,137 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.