SequelSEC

HIGH WIRE NETWORKS, INC. HWNI

Telephone Communications (No Radiotelephone) · CIK 0001413891 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$8.38M
Fiscal year ended 2024-12-31
Operating income
-$8.55M
Fiscal year ended 2024-12-31
Free cash flow
-$6.14M
Fiscal year ended 2024-12-31

HIGH WIRE NETWORKS, INC. (HWNI) reported revenue of $8.38M and net income of -$384.83K for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from HIGH WIRE NETWORKS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Telephone Communications (No Radiotelephone).

Income

HIGH WIRE NETWORKS, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-05-312016-05-312015-05-31
Revenue$8.38M$6.91M$26.77M$27.21M$9.91M$25.50M$34.55M$1.07MUnavailable$198.91K
Cost of revenue$5.85M$4.49M$19.33M$19.01M$4.95M$22.19M$29.10M$820.50KUnavailable$0
Gross profit$2.52M$2.41M$7.44M$8.19M$4.95M$3.30M$5.45M$249.41KUnavailable$198.91K
Operating income-$8.55M-$11.95M-$13.10M-$3.67M-$1.44M-$3.49M-$2.54M-$4.76MUnavailable-$1.91M
Net income-$384.83K-$14.49M-$19.04M-$13.68M-$693.08K-$5.83M-$1.29M-$6.81MUnavailable-$2.29M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$698.57K
Weighted-average diluted sharesUnavailableUnavailableshares 68.71Mshares 19.15MUnavailableUnavailableUnavailableUnavailableUnavailableshares 8.84M
Pretax income-$10.12M-$12.10M-$11.26M-$13.68M-$710.00K-$4.76M-$1.10M-$6.87MUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailable$1.91K$204.23K$247.56KUnavailableUnavailableUnavailable
Diluted EPS$-0.40$-15.97$-0.28$-1.00UnavailableUnavailableUnavailableUnavailableUnavailable$-0.03
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$4.47M$5.64M$5.63M$4.46M$1.48M$3.17M$4.10M$106.11KUnavailable$559.61K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

HIGH WIRE NETWORKS, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-05-312016-05-312015-05-31
Cash & equivalents$220.82K$333.36K$649.03K$508.40K$184.68K$504.01K$585.20K$345.10KUnavailable$7.45K
Total assets$5.79M$10.83M$32.59M$45.96M$7.66M$12.17M$12.93M$5.19MUnavailable$339.72K
Current assets$1.26M$2.74M$10.67M$11.07M$2.94M$6.30M$9.07M$2.10MUnavailable$166.20K
Total liabilities$7.64M$13.58M$26.85M$34.81M$4.95M$16.12M$17.53M$9.97MUnavailable$1.52M
Current liabilities$7.49M$12.66M$21.56M$31.86M$2.42M$16.09M$17.53M$9.97MUnavailable$1.52M
Total equity incl. NCI-$1.85M-$2.75M-$11.72M-$2.44M$2.71M$4.75M-$5.69M-$4.78MUnavailable-$1.18M
Temporary (mezzanine) equityUnavailableUnavailable$17.47M$13.59M$1.22M$1.49M$1.09MUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$830.26K$670.39K$3.93M$7.96M$1.06M$3.86M$6.56M$1.62MUnavailable$25.53K
Goodwill$605.58K$3.16M$8.03M$21.70M$1.73M$331.22K$1.83M$1.50MUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailable$191.37K$3.45M$3.80MUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

HIGH WIRE NETWORKS, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-05-312016-05-312015-05-31
Operating cash flow-$6.13M-$7.93M-$2.12M-$4.21M-$532.73K-$2.28M-$1.49M-$403.73KUnavailable-$1.19M
Capital expenditures$13.99K$20.00K$404.70K$93.35K$115.32K$7.76K$21.29KUnavailableUnavailable-$28.30K
Investing cash flow$9.77M$190.00K$70.30K-$593.35K-$115.32K-$1.01M$170.13K$116.61KUnavailable-$61.77K
Financing cash flow-$3.75M$7.43M$2.25M$5.12M$328.72K$3.08M$1.91M$631.10KUnavailable$329.34K
Net change in cashUnavailableUnavailable$378.17K$323.72K-$319.33K-$151.77K$591.70K$343.98KUnavailable-$924.44K
Stock-based compensation$801.01K$1.25M$1.23MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$322.00K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$794.84K$844.46K$814.10K$506.36K$209.25K$52.70K$220.43K$59.87KUnavailable$40.77K

Derived

HIGH WIRE NETWORKS, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-05-312016-05-312015-05-31
Free cash flow-$6.14M-$7.95M-$2.52M-$4.30M-$648.05K-$2.28M-$1.51MUnavailableUnavailableUnavailable
Gross margin30.1%35.0%27.8%30.1%50.0%13.0%15.8%UnavailableUnavailable100.0%
Operating margin-102.1%-173.0%-48.9%-13.5%-14.6%-13.7%-7.4%-445.1%Unavailable-960.8%
FCF margin-73.3%-115.1%-9.4%-15.8%-6.5%-9.0%-4.4%UnavailableUnavailableUnavailable
SBC / revenue9.6%18.1%4.6%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable161.9%
Current ratio0.17x0.22x0.49x0.35x1.21x0.39x0.52x0.21xUnavailable0.11x
Revenue YoY growth21.3%-74.2%-1.6%174.6%-61.1%-26.2%UnavailableUnavailableUnavailableUnavailable
Net margin-4.6%-209.8%-71.1%-50.3%-7.0%-22.9%-3.7%-636.8%Unavailable-1151.3%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable351.2%
CapEx / revenue0.2%0.3%1.5%0.3%1.2%0.0%0.1%UnavailableUnavailable-14.2%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HWNI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-10-14View SEC filing
10-Q · Filed 2025-05-13View SEC filing
10-K · Filed 2025-03-31View SEC filing
10-Q/A · Filed 2024-11-22View SEC filing
10-Q · Filed 2024-11-22View SEC filing

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Reconciliation checks needing review

4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationinconsistent2016-05-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2016-05-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationreview2020-12-31

Difference 1221933 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.

balance equationreview2019-12-31

Difference 10190546 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.