The following Management’s Discussion and Analysis of Financial Condition and
Results of Operations should be read in conjunction with our condensed financial
statements and related notes.

Unless otherwise indicated or the context requires otherwise, the terms “we,”
“us,” “our,” and “our company” refer to Cerberus Cyber Sentinel Corporation, a
Delaware corporation (“Cerberus”), and its wholly owned subsidiaries, including
GenResults, LLC, an Arizona limited liability company (“GenResults”), TalaTek,
LLC, a Virginia limited liability company (“TalaTek”), Technologyville, Inc., an
Illinois corporation (“Techville”), Clear Skies Security, LLC, a Georgia limited
liability company (“Clear Skies”), Alpine Security, LLC, an Illinois limited
liability company (“Alpine”), Catapult Acquisition Corporation, a New Jersey
corporation (“VelocIT”), Southford Equities, Inc., a British Virgin Islands
company (“Arkavia”), True Digital Security, Inc., a Delaware corporation (“True
Digital”), RED74 LLC, a New Jersey limited liability company (“RED74”), Atlantic
Technology Systems, Inc., a New Jersey corporation (“ATS”), and Atlantic
Technology Enterprises, Inc., a New Jersey corporation (“ATE” and together with
ATS, “Atlantic”). Unless otherwise specified, all dollar amounts are expressed
in United States dollars.

Our Business

We are a cybersecurity and compliance company comprised of highly trained and
seasoned security professionals who work with clients to enhance or create a
better cyber posture in their organization. Cybersecurity, also known as
computer security or information technology security, is the protection of
computer systems and networks from information disclosure, theft of or damage to
their hardware, software, or electronic data, as well as from the disruption or
misdirection of the services they provide. The cybersecurity industry has a
supply and demand issue wherein there is more demand for cybersecurity services
than there are expert and seasoned compliance and cybersecurity professionals
available in the market. We seek to identify, attract, and retain highly skilled
cyber and compliance teams and bring them together to provide holistic cyber
services. We accomplish…