Cycurion, Inc. (CYCU) Balance Sheet
CYCU balance sheet, 2025
December 31, 2025 · U.S. dollars$33.5M assets = $17.2M liabilities + $16.2M equity
Both columns are drawn to the same scale: what CYCU owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CYCU financial health
Descriptive bands, not a rating. Fiscal 2025.
CYCU balance sheet trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $327,0292021 | $33.5M2025 | +218.0%/yr | |
| Total liabilities | $313,4002021 | $17.2M2025 | +172.2%/yr | |
| Shareholders’ equity | $13,6292021 | $20.1M2025 | +519.7%/yr | |
| Cash & short-term investments | $3,9132021 | $5.3M2025 | +505.4%/yr | |
| Total debt | $80,0002021 | $300,0002025 | +39.2%/yr | |
| Net cash (debt) | −$76,0872021 | $5.0M2025 | +$5.0M | |
| Working capital | −$309,4872021 | −$8.9M2025 | −$8.6M | |
| Current ratio | 0.012021 | 0.472025 | +0.46 | |
| Debt / equity | 5.872021 | 0.012025 | −5.85 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CYCU assets
CYCU liabilities and equity
CYCU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CYCU balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $5.3M | $38,742 | $607,869 | $96,185 | $3,913 |
| Cash & equivalents | $5.3M | $38,742 | $607,869 | $96,185 | $3,913 |
| Receivables | $2.7M | $10.8M | $7.7M | $4.4M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $60,133 | $101,258 | $56,015 | $15,098 | $0 |
| Total current assets | $8.0M | $10.9M | $8.4M | $4.5M | $3,913 |
| Property, plant & equipment (net) | $0 | $4.2M | $33,662 | $3.4M | $0 |
| Goodwill & intangible assets | $25.4M | $10.8M | $10.3M | $6.6M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $2.0M | $2.0M | $323,116 |
| Total assets | $33.5M | $25.6M | $20.8M | $16.5M | $327,029 |
| Liabilities | |||||
| Accounts payable | $1.3M | $3.6M | $2.1M | $1.2M | — |
| Short-term debt | — | $10.1M | $9.6M | $7.2M | $80,000 |
| Deferred revenue | — | $330,000 | $253,902 | $11,803 | — |
| Total current liabilities | $16.9M | $18.7M | $14.1M | $9.9M | $313,400 |
| Long-term debt | $300,000 | $146,798 | $146,798 | $333,341 | $0 |
| Lease obligations | — | — | $0 | $121,820 | — |
| Other long-term liabilities | $0 | $1.3M | $1.3M | $1.3M | $0 |
| Total liabilities | $17.2M | $20.2M | $15.5M | $11.5M | $313,400 |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $364 | $1.9M | $1,028 | $14,643 | $287 |
| Retained earnings (deficit) | −$26.9M | −$3.2M | −$4.4M | −$2.3M | −$11,371 |
| Minority interest | −$3.9M | $0 | — | — | — |
| Total shareholders' equity | $20.1M | $5.4M | $5.2M | $5.0M | $13,629 |
| Key figures | |||||
| Total debt | $300,000 | $10.2M | $9.8M | $7.6M | $80,000 |
| Net cash (debt) | $5.0M | −$10.2M | −$9.2M | −$7.5M | −$76,087 |
| Working capital | −$8.9M | −$7.8M | −$5.7M | −$5.4M | −$309,487 |
| Tangible book value | −$5.3M | −$5.4M | −$5.1M | −$1.6M | $13,629 |
| Current ratio | 0.47 | 0.58 | 0.60 | 0.46 | 0.01 |
| Quick ratio | 0.47 | 0.58 | 0.59 | 0.46 | 0.01 |
| Debt / equity | 0.01 | 1.90 | 1.86 | 1.51 | 5.87 |
| Equity / assets | 60.1% | 21.1% | 25.2% | 30.3% | 4.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.9M | $2.0M | $5.3M | $3.7M | $1.0M | $2.3M | $38,742 | $75,704 | $14,876 | $607,869 | $607,869 | $302,582 |
| Cash & equivalents | $1.9M | $2.0M | $5.3M | $3.7M | $1.0M | $2.3M | $38,742 | $75,704 | $14,876 | $607,869 | $607,869 | $302,582 |
| Receivables | $3.9M | $3.3M | $2.7M | $3.3M | $4.5M | $4.3M | $10.8M | $10.0M | $0 | $7.7M | $7.7M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $222,886 | $106,934 | $60,133 | $57,137 | $54,259 | $110,878 | $101,511 | $53,612 | $134,093 | $56,015 | $0 | $103,706 |
| Total current assets | $6.0M | $5.5M | $8.0M | $7.0M | $5.6M | $6.7M | $10.9M | $10.2M | $148,969 | $8.4M | $117,950 | $406,288 |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $16,832 | $18,612 | $20,321 | $4.1M | $0 | $33,662 | $33,662 | $0 |
| Goodwill & intangible assets | $32.4M | $26.0M | $25.4M | $25.3M | $20.8M | $20.6M | $10.8M | $6.6M | $0 | $10.3M | $10.3M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $0 | $0 | $10,351 | $4.3M | $4.2M | $3.8M | $2.0M | $2.6M | $2.0M | $10.3M | $3.3M |
| Total assets | $38.4M | $31.4M | $33.5M | $32.3M | $30.7M | $31.5M | $25.6M | $22.9M | $2.7M | $20.8M | $20.8M | $3.7M |
| Liabilities | ||||||||||||
| Accounts payable | $1.3M | $1.4M | $1.3M | $2.5M | $5.1M | $5.7M | $3.6M | $1.5M | — | $2.1M | $2.1M | — |
| Short-term debt | $8.0M | — | — | — | $7.6M | $4.0M | $10.1M | $10.0M | $569,169 | $9.6M | $9.6M | $201,694 |
| Deferred revenue | — | — | — | — | — | $330,000 | $330,000 | $189,150 | — | $253,902 | $253,902 | — |
| Total current liabilities | $19.5M | $17.5M | $16.9M | $16.6M | $20.0M | $21.8M | $18.7M | $15.1M | $3.4M | $14.1M | $14.1M | $3.3M |
| Long-term debt | $627,010 | $300,000 | $300,000 | $295,296 | $295,296 | $295,296 | $146,798 | $146,798 | $0 | $0 | $146,798 | $0 |
| Lease obligations | — | — | — | — | — | — | — | — | — | — | $0 | — |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $1.3M | $4.3M | $0 | $1.4M | $1.3M | $0 |
| Total liabilities | $20.2M | $17.8M | $17.2M | $16.9M | $20.3M | $22.1M | $20.2M | $19.5M | $3.4M | $15.5M | $15.5M | $3.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1,189 | $551 | $364 | $266 | $4,036 | $3,207 | $1.9M | $14,969 | $2.7M | $1,028 | $1,028 | $3.3M |
| Retained earnings (deficit) | −$32.8M | −$29.0M | −$26.9M | −$21.8M | −$18.7M | −$13.5M | −$3.2M | −$4.3M | −$3.5M | −$4.4M | −$3.2M | −$2.9M |
| Minority interest | −$4.6M | −$4.3M | −$3.9M | −$3.7M | −$3.6M | — | — | — | — | — | — | — |
| Total shareholders' equity | $22.8M | $18.0M | $20.1M | $19.1M | $14.0M | $12.9M | $5.4M | $3.4M | −$689,000 | $5.2M | $5.2M | $382,896 |
| Key figures | ||||||||||||
| Total debt | $8.6M | $300,000 | $300,000 | $295,296 | $7.9M | $4.3M | $10.2M | $10.1M | $569,169 | $9.8M | $9.8M | $201,694 |
| Net cash (debt) | −$6.7M | $1.7M | $5.0M | $3.4M | −$6.9M | −$2.0M | −$10.2M | −$10.0M | −$554,293 | −$9.2M | −$9.2M | $100,888 |
| Working capital | −$13.6M | −$12.0M | −$8.9M | −$9.6M | −$14.4M | −$15.1M | −$7.8M | −$4.9M | −$3.3M | −$5.7M | −$14.0M | −$2.9M |
| Tangible book value | −$9.6M | −$8.0M | −$5.3M | −$6.2M | −$6.8M | −$7.7M | −$5.4M | −$3.2M | −$689,000 | −$5.1M | −$5.1M | $382,896 |
| Book value per share | $20.10 | — | — | — | — | — | $0.45 | — | −$0.46 | — | $0.44 | $0.26 |
| Shares outstanding | 1.1M | — | — | — | — | — | 11.9M | — | 1.5M | — | 11.9M | 1.5M |
| Current ratio | 0.30 | 0.31 | 0.47 | 0.42 | 0.28 | 0.31 | 0.58 | 0.67 | 0.04 | 0.60 | 0.01 | 0.12 |
| Quick ratio | 0.29 | 0.31 | 0.47 | 0.42 | 0.28 | 0.30 | 0.58 | 0.67 | 0.00 | 0.59 | 0.59 | 0.09 |
| Debt / equity | 0.38 | 0.02 | 0.01 | 0.02 | 0.56 | 0.33 | 1.90 | 3.00 | — | 1.86 | 1.86 | 0.53 |
| Equity / assets | 59.4% | 57.2% | 60.1% | 59.1% | 45.6% | 40.8% | 21.1% | 14.7% | −25.1% | 25.2% | 25.2% | 10.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
CYCU financial position
At the end of fiscal 2025 (December 31, 2025), Cycurion had total assets of $33.5 million (up 30.9% from a year earlier), total liabilities of $17.2 million and shareholders' equity of $20.1 million. It held $5.3 million in cash and short-term investments against $0.3 million of debt, a net cash position of $5.0 million. Its current ratio was 0.47. In the latest quarter (ended June 30, 2026) total assets were $38.4 million and equity $22.8 million.
Related: CYCU income statement, CYCU cash flow statement, CYCU key metrics. See the CYCU stock overview for the latest quote and news.
CYCU balance sheet FAQ
What are Cycurion's total assets?
Cycurion reported total assets of $33.5 million at the end of fiscal 2025 (December 31, 2025), compared with $25.6 million a year earlier.
How much debt does Cycurion have?
Cycurion had $0.3 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.01.
How much cash does Cycurion have?
Cycurion held $5.3 million in cash and short-term investments at the end of fiscal 2025; with $0.3 million of debt that is net cash of $5.0 million.
What is Cycurion's book value?
Cycurion's shareholders' equity (book value) was $20.1 million at the end of fiscal 2025.
What is Cycurion's current ratio?
Cycurion had current assets of $8.0 million and current liabilities of $16.9 million, a current ratio of 0.47 (current liabilities exceed current assets).
How much goodwill does Cycurion have?
Cycurion carried $25.4 million of goodwill and intangible assets, 76.1% of total assets, at the end of fiscal 2025.