CISO Global Inc 2025年季度报告

FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period EndedSeptember 30,2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _________ to _________ Commission file number:001-41227 CISO GLOBAL, INC.(Exact name of registrant as specified in its charter) 6900 E. Camelback Road,Suite 900,Scottsdale,Arizona85251(Address of Principal Executive Offices)(Zip Code) (480)389-3444(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a small reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act:☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of November 12, 2025, there were44,046,343shares of the registrant’s Common Stock outstanding. CISO GLOBAL, INC.QUARTERLY REPORT ON FORM 10-QFOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2025 (unaudited) TABLE OF CONTENTS PagePART I. FINANCIAL INFORMATION4ITEM 1.Financial Statements (Unaudited)4Condensed Consolidated Balance Sheets4Condensed Consolidated Statements of Operations and Comprehensive Loss5Condensed Consolidated Statements of Changes in Stockholders’ Equity6Condensed Consolidated Statements of Cash Flows8Notes to Condensed Consolidated Financial Statements9ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations24ITEM 3.Quantitative and Qualitative Disclosures about Market Risk31ITEM 4.Controls and Procedures31PART II. OTHER INFORMATION32ITEM 1.Legal Proceedings32ITEM 1A.Risk Factors32ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds32ITEM 3.Defaults Upon Senior Securities32ITEM 4.Mine Safety Disclosures32ITEM 5.Other Information32ITEM 6.Exhibits32SIGNATURES332 FORWARD-LOOKING STATEMENTS The information contained in this report should be read in conjunction with the financial statements and related notescontained elsewhere in this Quarterly Report on Form 10-Q. Certain statements made in this report are “forward-looking statements”within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the SecuritiesExchange Act of 1934, as amended (the “Exchange Act”). These statements are based upon beliefs of, and information currentlyavailable to, us as of the date hereof, as well as estimates and assumptions made by us. Readers are cautioned not to place unduereliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. When used herein, thewords “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “predict,” “project,” “target,” “potential,”“will,” “would,” “could,” “should,” “continue” or the negative of these terms and similar expressions identify forward-lookingstatements. Such statements reflect our current view with respect to future events and are subject to risks, uncertainties, assumptions,and other factors, including the risks relating to our business, industry, and our operations and results of operations. Should one ormore of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differsignificantly from those anticipated, believed, estimated, expected, intended, or planned. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guaranteefuture results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws ofthe United States, we do not intend to update any of the forward-looking st