SUMMARY OF SECURITIES EXCLUDED FROM DILUTED PER SHARE |
The
following potentially dilutive securities were excluded from the computation of diluted net loss per common share because their inclusion
would have been anti-dilutive:
SUMMARY OF SECURITIES EXCLUDED FROM DILUTED PER SHARE
| |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| |
2025 | | |
2024 | | |
2025 | | |
2024 | |
Stock options | |
| 4,342,493 | | |
| 1,847,780 | | |
| 4,342,493 | | |
| 1,847,780 | |
Restricted stock units | |
| 1,550,000 | | |
| - | | |
| 1,550,000 | | |
| - | |
Warrants | |
| 6,394,614 | | |
| 49,614 | | |
| 6,394,614 | | |
| 49,614 | |
Convertible
notes payable | |
| 909,394 | | |
| 881,616 | | |
| 909,394 | | |
| 881,616 | |
Total | |
| 13,196,501 | | |
| 2,779,010 | | |
| 13,196,501 | | |
| 2,779,010 | |
|
SCHEDULE OF DEFERRED REVENUE |
Deferred
revenue consisted of the following:
SCHEDULE OF DEFERRED REVENUE
| |
June
30, 2025 | | |
December
31, 2024 | |
Current: | |
| | | |
| | |
Security managed
services | |
$ | 160,021 | | |
$ | 461,599 | |
Professional services | |
| 625,703 | | |
| 631,241 | |
Cybersecurity
software | |
| 132,395 | | |
| 272,475 | |
Total
deferred revenue - current | |
$ | 918,119 | | |
$ | 1,365,315 | |
Long-term: | |
| | | |
| | |
Security
managed services | |
$ | 57,827 | | |
$ | 84,403 | |
Total
deferred revenue – long term | |
$ | 57,827 | | |
$ | 84,403 | |
|
SCHEDULE OF PERFORMANCE OBLIGATIONS EXPECTED TO RECOGNIZED REVENUE |
SCHEDULE OF PERFORMANCE OBLIGATIONS EXPECTED TO RECOGNIZED REVENUE
| |
Remainder
of 2025 | | |
2026 | | |
2027 | | |
2028 | | |
2029 | | |
Total | |
Security managed
services | |
$ | 79,240 | | |
$ | 104,935 | | |
$ | 25,297 | | |
$ | 5,290 | | |
$ | 3,086 | | |
$ | 217,848 | |
Professional services | |
| 625,703 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 625,703 | |
Cybersecurity
software | |
| 131,840 | | |
| 555 | | |
| - | | |
| - | | |
| - | | |
| 132,395 | |
Total
deferred revenue | |
$ | 836,783 | | |
$ | 105,490 | | |
$ | 25,297 | | |
$ | 5,290 | | |
$ | 3,086 | | |
$ | 975,946 | |
|