Managed Security Services Platform (MSSP) Cyber Shield

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Cycurion, Inc. to Announce Q2 2025 Financial Results on August 14, 2025, Celebrating Key Strategic Achievements
Globenewswireยท 2025-08-13 12:45
Core Insights - Cycurion, Inc. plans to file its Quarterly Report on Form 10-Q for Q2 2025 on August 14, 2025, highlighting significant accomplishments and strategic partnerships [1][8] Strategic Highlights - Collaboration with NACCHO enhances delivery of high-margin cybersecurity solutions to public health organizations, addressing digital threats [3] - Alliance with LSV-TECH International Consortium expands Cycurion's Managed Security Services Platform into Latin America, reaching 135 countries [3] - Acquisition of SLG Innovation, Inc. enhances technology services portfolio, supporting long-term growth [4] Financial Position - As of June 30, 2025, total assets increased to $30.7 million from $25.6 million as of December 31, 2024, driven by goodwill from the SLG acquisition [6] - Stockholders' equity rose to $10.4 million from $5.4 million, reflecting equity issuances and conversions [6] - The company reported a working capital deficit of $14.3 million and an accumulated deficit of $18.7 million, with management focused on improving liquidity [6] Outlook - Cycurion aims to convert its growing backlog into revenue during the second half of 2025, particularly in the historically stronger third and fourth quarters [7] - The alliance with IQSTEL includes a $1 million stock exchange, enhancing shareholder value through dividends [7] - Cycurion Crypto has allocated $10 million to acquire Bitcoin and Ethereum, diversifying its financial portfolio and positioning the company in the digital economy [7]