SideChannel Inc (SDCH)

[22rover]

Agreed. Always interesting to read about developments.

After looking through the most recent Q and listening to the call, it dawned on me that SideCh is likely only a handful of new service side clients or a few software contracts away from reaching breakeven.

If I understand correctly, each service side client (vCiso) is good for ~ $200K (up to $300k) in revs (based on avg contract size).
I think the company lost $253K in the quarter. If that plays out over the next few quarters, they'll look to start putting cash in the bank. Add a govt software deal, which promises to be bigger than a service contract, and we’ll be in the black before long.

Brian/Ryan also expect gross margins to improve in the next couple of quarters. I think they need roughly $1.2M additional yearly revs to breakeven. IMO, that's both a modest increase in revenues, approximately 15% going forward, which is in line with the recent trend.

I'm positively thrilled with direction.