v3.22.4
ACQUISITIONS (Tables)
3 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
SCHEDULE OF UNAUDITED PROFORMA OPERATIONS RESULTS

The following presents the unaudited proforma combined results of operations of Cipherloc with SCS as if the entities were combined on October 1, 2021, and show activity for the three months ended December 31, 2021.

 

  

For the Three

Months Ended

December 31, 2021

 
Revenues  $1,048 
Cost of revenues   (476)
Gross profit   572 
Operating expenses   900 
Operating loss   (328)
Other income   4 
Net loss before income taxes   (324)
Income taxes    
Net loss  $(324)
      
Basic loss per share (a)  $(0.00)

 

(a) Pro forma weighted average shares outstanding were 148.1 million for the three months ended December 31, 2021.