HIGH WIRE NETWORKS, INC. Income Statement
HWNI|13 years of annual SEC 10-K data (FY2012-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$8M
FY2024
Gross Profit
N/A
FY2024
Operating Income
-$9M
FY2024
Net Income
-$384,826
FY2024
HIGH WIRE NETWORKS, INC. reported $8M in revenue and $384,826 in net loss for FY2024. Revenue has grown at a 93.6% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.4M | $6.9M | $26.8M | $27.2M | $9.9M | $25.5M | $34.5M | $5.9M | $1.1M | $70.3K | $198.9K | $274.6K | $3.0K |
| Cost of Revenue | $5.9M | $4.5M | $19.3M | $19.0M | $5.0M | $22.2M | $29.1M | $5.1M | $820.5K | - | $0 | $0 | $2.5K |
| Gross Profit | - | - | - | - | - | - | - | $249.4K | $70.3K | $70.3K | $198.9K | $274.6K | $527 |
| SG&A Expense | $4.5M | $5.6M | $5.6M | $4.5M | $1.5M | $3.2M | $4.1M | $539.8K | $106.1K | $222.6K | $559.6K | $132.7K | $48.5K |
| R&D Expense | - | - | - | - | - | - | - | - | - | $137.6K | $698.6K | $396.3K | $428.7K |
| Operating Income | -$8.6M | -$12.0M | -$13.1M | -$3.7M | -$1.4M | -$3.5M | -$2.5M | -$1.2M | -$4.8M | -$852.6K | -$1.9M | -$1.3M | -$1.4M |
| Interest Expense | $1.2M | $2.5M | $1.3M | $6.2K | $1.1M | $1.7M | $1.1M | $246.8K | $211.5K | -$226.7K | -$41.2K | $44.2K | $43.5K |
| Income Tax | - | - | - | - | $1.9K | $204.2K | $247.6K | - | - | - | - | - | - |
| Net Income | -$384.8K | -$14.5M | -$19.0M | -$13.7M | -$693.1K | -$5.8M | -$1.3M | -$1.8M | -$6.8M | -$1.9M | -$2.3M | -$1.3M | -$1.3M |
| EPS (Basic) | -$15.97 | -$0.28 | - | -$1.00 | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$15.97 | -$0.28 | -$1.00 | - | -$52.98 | -$77.12 | -$17.40 | -$0.03 | -$0.03 | -$0.02 | -$0.03 | -$0.01 | -$0.03 |
| Shares Outstanding | 959.5K | 164.5M | 46.1M | 1.8K | 193.6K | 23.6K | 2.1M | 275.0M | 71.5M | 69.2M | 55.2M | 45.6M | 40.5M |
| Gross Margin | - | - | - | - | - | - | - | 4.3% | 6.6% | 100.0% | 100.0% | 100.0% | 17.4% |
| Operating Margin | -102.1% | -173.0% | -48.9% | -13.5% | -14.5% | -13.7% | -7.3% | -20.4% | -445.1% | -1212.8% | -960.8% | -471.1% | -45397.2% |
| Profit Margin | -4.6% | -209.8% | -71.1% | -50.3% | -7.0% | -22.9% | -3.7% | -30.7% | -636.8% | -2766.2% | -1151.3% | -470.0% | -44075.6% |