CISO Global (NASDAQ: CISO) Q1 2026 loss, going concern and cash squeeze
CISO Global reported a Q1 2026 net loss of $1.6M on revenue of $6.2M, alongside a substantial doubt about its ability to continue as a going concern due to recurring losses, negative operating cash flow, and a $5.5M working capital deficit. The company faces immediate liquidity pressure from a $1.87M Series B Preferred Stock redemption obligation and a Nasdaq minimum bid price deficiency, risking delisting procedures. CISO Global's financial stability hinges on its ability to secure additional financing and implement cost controls, as its current cash on hand is insufficient for upcoming obligations.