RELATED PARTY TRANSACTIONS |
9 Months Ended |
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Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 12 – RELATED PARTY TRANSACTIONS
Brian Haugli, our Chief Executive Officer and stockholder in the Company, is also a principal shareholder of RealCISO Inc. (“RealCISO”). We are a reseller of RealCISO software. We receive revenue from our customers for the use of RealCISO software and pay licensing fees to RealCISO for such use. For the nine months ending June 30, 2025, and 2024, we paid $77 thousand and $35 thousand, respectively, to RealCISO.
We also invoiced $17 thousand and $119 thousand from RealCISO for software development services that we provided RealCISO during the nine months ended June 30, 2025, and 2024, respectively.
On October 13, 2023, the Association of the US Army (“AUSA”) signed an agreement for a cybersecurity risk assessment for approximately $24 thousand. On February 15, 2024, the President of AUSA, Retired U.S. Army General Robert Brown, joined our Board. On July 8, 2024, AUSA signed an agreement for recurring vCISO Services, which generated $54 thousand of revenue during the nine months ended June 30, 2025. SideChannel reserved booth space at the AUSA Global Force Symposium held in March 2025. In the nine months ended June 30, 2025, we paid $8 thousand to AUSA for this event.
No other related party transactions occurred during the nine months ended June 30, 2025.
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