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RELATED PARTY TRANSACTIONS
6 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 12 – RELATED PARTY TRANSACTIONS

 

We did not have any new related party transactions or material changes to existing related party transactions during the six months ended March 31, 2026.

 

Brian Haugli, our Chief Executive Officer, a member of our Board of Directors, and a significant stockholder in the Company, is also a principal shareholder of RealCISO Inc. (“RealCISO”). We are a reseller of the 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 six months ended March 31, 2026, we paid $66 thousand to RealCISO for licenses, and invoiced RealCISO $38 thousand for software development services that we provided RealCISO.

 

No other related party transactions occurred during the six months ended March 31, 2026.

 

For fiscal years ended September 30, 2025 and 2024, SideChannel paid $75 thousand and $30 thousand to RealCISO for licenses, respectively. We also invoiced $34 thousand and $122 thousand from RealCISO for software development services that we provided RealCISO during fiscal years ended September 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 approximately $9 thousand of revenue in fiscal year 2024 and $54 thousand of revenue in fiscal year 2025 for the Company before terminating in March 2025. SideChannel reserved booth space at the AUSA Global Force Symposium held in March 2025 and paid $8 thousand to AUSA for this event.