v3.26.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 1,873,287 $ 5,255,235
Accounts receivable, net 3,721,520 2,687,479
Prepaid expenses and other current assets 222,886 60,133
Other receivables 133,058 0
Total current assets 5,950,751 8,002,847
Software development costs, net 4,798,981 4,606,981
Goodwill and intangibles 27,617,398 20,842,508
Total non-current assets 32,416,379 25,449,489
Total assets 38,367,130 33,452,336
Liabilities:    
Bank loan-revolving credit line 2,421,305 2,933,396
Factoring liability 1,300,470 1,511,678
Convertible notes 2,686,748 192,897
Promissory notes 1,161,960 2,499,662
Accounts payable 1,290,801 1,314,772
Accrued liabilities 7,613,943 4,228,337
Accrued compensation and benefits 1,063,856 919,825
Accrued interest payable 432,748 1,347,787
Excise tax payable 1,167,173 1,167,173
Total current liabilities 19,531,722 16,908,870
Loans payable - non-current portion 627,010 300,000
Total non-current liabilities 627,010 300,000
Total liabilities 20,158,732 17,208,870
Commitments and contingencies (Note 19)
Stockholders' Equity:    
Common stock ($0.0001 par value, 300,000,000 shares authorized, 3,642,468 and 391,338 shares issued and outstanding, respectively) 1,189 364
Additional paid in capital 55,545,133 46,979,762
Accumulated deficit (32,763,317) (26,879,081)
Total stockholders' equity attributable to Cycurion 22,783,109 20,101,060
Deficit attributable to noncontrolling interests (4,574,711) (3,857,594)
Total stockholders' equity 18,208,398 16,243,466
Total liabilities and stockholders’ equity 38,367,130 33,452,336
Series A Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series B Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series C Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series D Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 15 15
Series E Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series F Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series G Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series H Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 0 0
Series I Convertible Preferred Stock    
Stockholders' Equity:    
Preferred stock, value, issued 89 0
Nonrelated Party    
Liabilities:    
Loans Payable- current portion/ related parties 269,068 669,693
Related Party    
Liabilities:    
Loans Payable- current portion/ related parties $ 123,650 $ 123,650