High Wire Networks, Inc. financial data

Symbol
HWNI on OTC
Industry
Telephone Communications (No Radiotelephone)
Location
30 N Lincoln St., Batavia, IL
State of incorporation
NV
Fiscal year end
December 31
Former names
HWN, INC. (to 12/22/2021), Spectrum Global Solutions, Inc. (to 8/17/2021), Mantra Venture Group Ltd. (to 11/27/2017)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 35 % -25.2%
Debt-to-equity -1.53K % -639%
Return On Equity -354 %
Return On Assets -4 % +96.5%
Operating Margin -102 % +41%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1M shares -99.6%
Common Stock, Shares, Outstanding 970K shares +1.13%
Entity Public Float 3.13M USD -86.8%
Common Stock, Value, Issued 10 USD 0%
Weighted Average Number of Shares Outstanding, Basic 963K shares +6.2%
Weighted Average Number of Shares Outstanding, Diluted 963K shares +6.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.38M USD +21.3%
Cost of Revenue 5.85M USD +30.3%
General and Administrative Expense 4.47M USD -20.8%
Costs and Expenses 3.62M USD -21.1%
Operating Income (Loss) -8.55M USD +28.4%
Nonoperating Income (Expense) -1.57M USD -979%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.1M USD +16.3%
Net Income (Loss) Attributable to Parent -385K USD +97.3%
Earnings Per Share, Basic -0.4 USD/shares +97.5%
Earnings Per Share, Diluted -0.4 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 221K USD -33.8%
Accounts Receivable, after Allowance for Credit Loss, Current 830K USD +23.8%
Assets, Current 1.26M USD -54%
Property, Plant and Equipment, Net 785K USD -23.5%
Operating Lease, Right-of-Use Asset 174K USD -37.3%
Intangible Assets, Net (Excluding Goodwill) 2.96M USD -18.3%
Goodwill 606K USD -80.9%
Assets 5.79M USD -46.6%
Contract with Customer, Liability, Current 25.1K USD -84.5%
Liabilities, Current 7.49M USD -40.9%
Operating Lease, Liability, Noncurrent 69.1K USD -63.8%
Liabilities 7.64M USD -43.8%
Retained Earnings (Accumulated Deficit) -46.9M USD -0.83%
Stockholders' Equity Attributable to Parent -1.85M USD +32.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -2.75M USD +76.5%
Liabilities and Equity 5.79M USD -46.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.57M USD +69.6%
Net Cash Provided by (Used in) Financing Activities 1.51M USD -72.2%
Net Cash Provided by (Used in) Investing Activities -13.7K USD -127%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 970K shares +1.13%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 329K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 221K USD -33.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 132K USD +4832%
Deferred Tax Assets, Valuation Allowance 25.9M USD -6.23%
Operating Lease, Liability 180K USD -35.8%
Depreciation 62.6K USD +91.3%
Payments to Acquire Property, Plant, and Equipment 13.7K USD
Lessee, Operating Lease, Liability, to be Paid 187K USD -37.3%
Property, Plant and Equipment, Gross 1.52M USD +0.93%
Operating Lease, Liability, Current 111K USD +24.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 70.2K USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year One 117K USD +5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.19K USD -60.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 70.2K USD
Deferred Tax Assets, Operating Loss Carryforwards 26M USD -7.2%
Operating Lease, Payments 116K USD -16.8%
Additional Paid in Capital 32.5M USD +4.12%
Amortization of Intangible Assets 126K USD -26%
Depreciation, Depletion and Amortization 203K USD +68%
Deferred Tax Assets, Net of Valuation Allowance 25.9M USD -6.23%
Interest Expense 1.16M USD -52.7%