Cycurion, Inc. is a cybersecurity firm established in 2017 that provides comprehensive IT security solutions for various sectors including government, healthcare, and education.

# Company Overview: Cycurion, Inc.

### General Information
- **Founded**: October 2017 (originally as KAE Holdings, Inc.)
- **Name Change**: 
  - KAE Holdings, Inc. to Cyber Secure Solutions, Inc. (July 2020)
  - Cyber Secure Solutions, Inc. to Cycurion, Inc. (February 2021)
- **Headquarters**: 1640 Boro Place, Fourth Floor, McLean, Virginia 22102
- **Phone**: (888) 341-6680
- **Website**: [Cycurion.com](http://www.cycurion.com)

### Business Model
Cycurion, Inc. specializes in providing comprehensive cybersecurity solutions and information technology (IT) security services. The company focuses on leveraging its government-level experience to cater to various sectors, including federal government agencies, commercial clients, healthcare, and higher education.

### Core Services
1. **Consulting and Advisory Services**: 
   - Offers IT security assessments, compliance training, and management support (including virtual Chief Information Security Officer services).
  
2. **Managed IT Services**: 
   - Provides full IT infrastructure management, including remote monitoring, disaster recovery, and ongoing support.
  
3. **Managed Security Services**: 
   - 24/7 cybersecurity monitoring, threat detection, incident response, and remediation through a dedicated Security Operations Center (SOC).

4. **Cybersecurity Solutions**: 
   - Development of proprietary platforms such as the Cycurion ARx which offers multi-dimensional protection against online threats.

### Financial Performance
- **Fiscal Year End Date**: December 31
- **Number of Customers**: 
  - 41 customers across various sectors, including federal government, commercial businesses, and educational institutions.
- **Revenue**: 
  - 2024: $17,771,485
  - 2023: $19,350,208 (decrease in revenue attributed to conclusion of key contracts)
- **Gross Profit**: 
  - 2024: $3,634,743 (20.5% margin)
  - 2023: $2,643,060 (13.7% margin)
- **Net Income**: 
  - 2024: $1,229,601 
  - 2023: $-\$2,097,013$ (operational losses)
  
### Employee Information
- **Total Employees**: 46 full-time
- **Employee Expertise**: Staff includes cybersecurity experts and IT specialists with government-level background and experience.

### Future and Growth Strategy
- **Growth through Acquisitions**: Focus on acquiring cyber companies to enhance service offerings and reach.
- **Expansion Plans**: Building upon existing customer relationships and expanding into new markets through strategic partnerships and technological investments.

### Key Metrics
- **Client Retention**: Significant reliance on a small number of large clients, which posed risks for revenue fluctuations.
- **Debt Obligations**: The company carries substantial debt, which can affect financial flexibility.
  
### Conclusion
Cycurion, Inc. has positioned itself as a competitive player in the cybersecurity and IT services market, serving varied clients while striving to enhance its product offerings through innovation and strategic mergers and acquisitions. The company has shown improvement in profitability and seeks further growth despite operating in a highly competitive landscape.

Western Acquisition Ventures Corp. is a Delaware-based special purpose acquisition company (SPAC) focused on identifying and merging with target companies in various sectors, primarily cybersecurity, but has not yet generated revenue or acquired customers.

# Company Overview: Western Acquisition Ventures Corp.

## Introduction
Western Acquisition Ventures Corp. (the “Company” or “WAV”) is a Delaware corporation, incorporated on April 28, 2021, that operates as a special purpose acquisition company (SPAC). The primary objective of WAV is to locate and engage in a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target companies. As of now, the company has not engaged in any significant operations and has not generated revenues.

## Business Operations
- **Business Model**: WAV operates as a blank check company, focusing solely on identifying and merging with suitable acquisition targets.
- **Target Sectors**: The company aims to target businesses in various sectors, including:
  - Infrastructure and environmental services
  - Health and wellness 
  - Food sustainability
  - Financial technology
  - Enterprise software (SaaS)
  - Leisure and hospitality
  - Cybersecurity (current focus with Cycurion, Inc.)

## Financial Overview
- **Revenue**: The company has not generated any revenue to date.
- **Revenue Sources**: WAV's revenue will only be derived upon successful completion of a business combination, where the acquired company will start generating operational revenues.
- **Trust Account Funds**: As of December 31, 2023, WAV's Trust Account held approximately $3.0 million, following the redemption of 11,225,733 public shares for roughly $114.7 million.
- **Funding Raised**: WAV conducted an Initial Public Offering (IPO) selling 11,500,000 units at $10.00 per unit, generating total proceeds of approximately $115 million. Additionally, WAV raised $3.76 million through a private placement.
  
## Customer Base & Employees
- **Employees**: WAV currently has one executive officer, James Patrick McCormick, who was appointed as the CEO and CFO effective December 27, 2023.
- **Customer Base**: As WAV has yet to consummate any business combinations, it does not currently have customers. The potential customer base will depend on the target company that WAV merges with.

## Business Combination Efforts
- **Proposed Business Combination**: WAV entered into a merger agreement with Cycurion, Inc., aiming to merge with this cybersecurity company. Completion of this merger is subject to several conditions and regulatory approvals.
- **Shareholder Redemptions**: Shareholders have the opportunity to redeem their shares upon consummating the business combination at a predetermined price reflective of the funds held in the Trust Account.
  
## Summary
WAV is in a developmental and structural phase as it seeks out potential acquisition targets. The company has not generated revenue so far, and its financial future hinges on the successful merger with a target company, like Cycurion, which will allow it to operate and generate income. The current focus is on aligning with companies that present growth potential across various key sectors while following SPAC regulations for business combinations.

Cycurion, Inc.

10-K / April 17, 2025

10-K / April 26, 2024

10-K / April 17, 2025

Company Overview: Cycurion, Inc.

General Information

Business Model

Core Services

Financial Performance

Employee Information

Future and Growth Strategy

Key Metrics

Conclusion