Cycurion, Inc. Offers Insight on Second Quarter 2025 Results and Recent Business Activities

Core Viewpoint - Cycurion, Inc. reported a GAAP net loss of $0.15 per share for Q2 2025, but an adjusted net loss of approximately $0.04 per share after accounting for non-recurring expenses, indicating underlying performance improvement [2][17] Financial Performance - The company achieved net revenues of $3.89 million for Q2 2025, a decrease from $5.00 million in Q2 2024 [17] - Gross profit for Q2 2025 was $0.24 million, down from $1.02 million in the same quarter of the previous year [17] - Operating loss for Q2 2025 was $(3.77) million compared to an operating income of $0.73 million in Q2 2024 [17] - The net loss attributable to Cycurion for Q2 2025 was $(5.19) million, compared to a net income of $0.31 million in Q2 2024 [17] Strategic Developments - Cycurion successfully converted $3.5 million from debt to equity in Q2 2025, enhancing its financial position and reducing future interest obligations [2] - The company secured over $69 million in new contracts, including a $33 million contract renewal with a state-level public higher education group and a $22 million contract with a U.S. state police agency [3][4] - Cycurion is focusing on AI-driven solutions, particularly through its ARx platform and Cyber Shield offerings, to capture higher-margin opportunities in the cybersecurity sector [4] Market Positioning - The company has established strategic partnerships with organizations such as NACCHO, LSV-TECH S.A.S., and iQSTEL Inc., which strengthens its market presence and supports sustainable revenue growth [5] - Cycurion has a backlog of 18 months of scopes of work, which is expected to contribute positively to its revenue pipeline [4] Upcoming Events - A conference call is scheduled for August 19, 2025, to discuss the financial results and future plans, providing an opportunity for shareholders to engage with the company's management [1][6]