November 26, 2007
Prospector
Profile
07.1590
 
CyberDefender Corp. NAICS 511210
12121 Wilshire Boulevard, Suite 350 Los Angeles, CA 90025 Description Software Publishers
(310) 826-1781 Employees 21
http://www.cyberdefender.com/ Revenue (mil) 2.3400
  Income (mil) -0.4790
  Assets (mil) 2.0530
  Liability (mil) 4.4300
  (for the year ended 2006-06-30)
 
Category: Loss/Deficit
 
Event: CyberDefender Corp. reported a net loss of $1,274,275 on net sales of $544,956 for the third quarter ended Sept. 30, 2007, compared with a net loss of $2,267,294 on net sales of $843,869 in the third quarter of 2006. CyberDefender's consolidated balance sheet at Sept. 30, 2007, showed $1,532,090 in total assets and $4,638,252 in total liabilities, resulting in a $3,106,162 total shareholders' deficit. The company's consolidated balance sheet at Sept. 30, 2007, also showed strained liquidity with $872,522 in total current assets available to pay $3,433,333 in total current liabilities.
 
Intellectual Property: The Company's software is proprietary and it protects the software technology by relying on a combination of copyright, patent, trade secret and trademark laws, restrictions on disclosure, and other methods. The Company has filed with the US Patent and Trademark Office for patent protection for its “Threat Protection Network” - Application No. US2006/0075504; and “System for Distributing Information Using a Secure Peer to Peer Network” - Application No. US2006/0075083. The Company has a trademark in registration process for its company name and a product logo consisting of the @ symbol with a star, for a downloadable software tool, filed with the US Patent and Trademark Office on September 15, 2003, registration no. 2,966,384. [SEC Filing SB-2 11-03-06]
 
Description: The Company develops and licenses security content management software and related services in the United States.
 
Officers: Gary Guseinov (Chair & CEO); Ivan Ivankovich (CFO); Riggs Eckelberry (Pres. & COO); Igor Barash (Sec., Chief Information Officer & Dir.); Bing Liu (Chief Software Architect & Dir.)
 
Auditor: AJ Robbins PC
 
Securities: Common stock symbol CYDE.OB; OTC BB; 12,794,191 common shares outstanding as of November 16, 2007.
 
 
 
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