Cycurion, Inc.
For the period ended Mar 31, 2026. Filed May 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.
Mar 31, 2026 · Filed May 14, 2026
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4. Accounts Receivable, Net
- ACCOUNTS RECEIVABLE, NET
| Table 4: Details of Accounts Receivable, Net | ||
|---|---|---|
| March 31, 2026 | December 31, 2025 | |
| Billed accounts receivable | $2,156,076 | $1,518,937 |
| Billed accounts receivable - factored | 1,649,354 | 1,591,240 |
| Unbilled accounts receivable | - | 45,325 |
| Allowance for credit losses | (469,383) | (468,023) |
| Accounts receivable, net | $3,336,047 | $2,687,479 |
During the three months ended March 31, 2026, the Company recorded $1,360 for provisions for credit losses, compared tozero U.S. dollars for the three months ended March 31, 2025. During both the three months ended March 31, 2026 and 2025, the Company hasno write-offs of any outstanding receivables.
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