SideChannel, Inc.
SDCHOTCTechnology · Services-Computer Processing & Data Preparation · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $7.4M | $7.4M | $6.6M | $4.8M | $2.8M | $47,983 |
| Operating income | −$918,000 | −$940,000 | −$7.4M | −$11.6M | $510,000 | −$6.9M |
| Net income | −$892,000 | −$904,000 | −$7.0M | −$11.8M | $513,000 | −$7.0M |
| Total assets | $3.5M | $4.0M | $4.0M | $10.8M | $833,000 | $1.8M |
| Total liabilities | $1.3M | $1.2M | $954,000 | $1.4M | $406,000 | $2.0M |
| Equity | $2.1M | $2.7M | $3.0M | $9.4M | $427,000 | $214,000 |
| EPS (diluted) | $0.00 | $0.00 | $-0.04 | $-0.14 | $0.01 | — |
| Shares out. | 231.2M | 226.0M | 214.1M | 148.7M | 82.9M | 27.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −12.5%
- Net margin
- −12.1%
- Return on equity
- −41.6%
- Return on assets
- −25.7%
- Return on capital (ROCE)
- −42.8%
- Liabilities / assets
- 38.2%
- Debt / equity
- 0.62×
- Book value / share
- $0.01
- Revenue growth (YoY)
- −0.7%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -18.13distress
- Accruals / assets
- −22.0%clean
- Beneish M-Score
- -3.65normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Dec 30, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2019
- NT 10-Qmissed a reporting deadline ↗May 16, 2019
- NT 10-Q/Amissed a reporting deadline ↗Feb 15, 2018
- NT 10-Qmissed a reporting deadline ↗Feb 15, 2018
- NT 10-Kmissed a reporting deadline ↗Dec 29, 2017
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 210 | 1.0 | -11.8% |
| Apr 30, 2026 | 238 | 1.0 | -73.5% |
| Apr 15, 2026 | 897 | 1.0 | -37.6% |
| Mar 31, 2026 | 1,437 | 1.0 | +1.3% |
| Mar 13, 2026 | 1,418 | 1.0 | +223.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureMay 12, 2026
- Regulation FD disclosureMar 31, 2026
- Results of operations · Shareholder voteFeb 17, 2026
- Regulation FD disclosureJan 27, 2026
- Regulation FD disclosure · Other material eventJan 22, 2026
- Amended charter or bylawsJan 16, 2026
- Director / officer changeDec 10, 2025
- Director / officer change · Other material eventDec 9, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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