HWNI · As filed with the SEC
High Wire Networks balance sheet, by fiscal year
The statement as High Wire Networks presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Balance Sheets · USD
| USD | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | Dec 31, 2018 Dec 31, 2018 | May 31, 2017 May 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Current assets: | ||||||||
| Cash | — | — | 886,569 | 508,395 | — | — | — | — |
| Cash | 220,824 | 333,357 | — | — | 580,800 | 468,819 | 620,593 | — |
| Accounts receivable, net of allowances of $171,444 and $311,610, respectively, and unbilled revenue of $7,845 and $99,916, respectively | 830,261 | 2,294,324 | 8,748,034 | 7,961,607 | 2,481,124 | 5,167,261 | 6,562,182 | — |
| Contract assets | — | — | — | — | 167,649 | 461,681 | 1,861,895 | — |
| Prepaid expenses and other current assets | — | — | 1,035,228 | 518,825 | 13,025 | 200,119 | 22,682 | — |
| Prepaid expenses and other current assets | 212,660 | 117,030 | — | — | — | — | — | — |
| Current assets of discontinued operations | — | — | — | 2,083,395 | — | — | — | — |
| Total current assets | 1,263,745 | 2,744,711 | 10,669,831 | 11,072,222 | 3,242,598 | 6,297,880 | 9,067,352 | — |
| Property and equipment, net of accumulated depreciation of $634,739 and $477,763, respectively | 785,238 | 1,026,293 | 1,549,609 | 1,279,515 | 14,186 | 93,067 | 61,257 | — |
| Goodwill | 605,584 | 3,162,499 | 9,869,146 | 21,696,040 | 331,223 | 1,905,822 | 1,834,856 | — |
| Customer lists, net of accumulated amortization of $89,386 and $57,838, respectively | — | — | — | — | 46,614 | 2,490,024 | 850,249 | — |
| Tradenames, net accumulated amortization of $55,046 and $35,618, respectively | — | — | — | — | 575,954 | 1,187,895 | 1,086,795 | — |
| Intangible assets, net of accumulated amortization of $2,350,059 and $1,670,556, respectively | — | 3,620,256 | 10,430,607 | 11,630,068 | — | — | — | — |
| Intangible assets, net of accumulated amortization of $1,481,907 and $2,350,059, respectively | 2,957,839 | — | — | — | — | — | — | — |
| Operating lease right-of-use assets | 174,365 | 277,995 | 75,778 | 227,132 | 116,817 | 168,384 | — | — |
| Non-current assets of discontinued operations | — | — | — | — | — | 25,746 | 29,887 | — |
| Noncurrent assets of discontinued operations | — | — | — | 52,618 | — | — | — | — |
| Total assets | 5,786,771 | 10,831,754 | 32,594,971 | 45,957,595 | 4,327,392 | 12,168,818 | 12,930,396 | — |
| Current liabilities: | ||||||||
| Accounts payable and accrued liabilities | 4,272,058 | 6,417,525 | 7,141,844 | 3,686,082 | 2,369,477 | 4,028,285 | 5,200,320 | — |
| Contract liabilities | 25,144 | 382,576 | 2,071,309 | 633,771 | — | — | — | — |
| Loans payable to related parties, net of debt premium of $0 and $988,917, respectively | — | — | 209,031 | 1,442,949 | — | 3,578,386 | 3,362,078 | — |
| Current portion of loans payable to related parties, net of debt discount of $0 and $10,968, respectively | — | 2,995,803 | 1,934,694 | 2,773,621 | 532,381 | 3,701,258 | 4,372,549 | — |
| Current portion of convertible debentures, net of debt discount of $614,556 and $0, respectively | — | 326,005 | — | — | — | — | — | — |
| Factor financing | — | 1,361,656 | 3,689,593 | 3,387,070 | — | — | — | — |
| Warrant liabilities | — | 833,615 | — | — | — | — | — | — |
| Current portion of derivative liabilities | — | — | 4,720,805 | 15,350,119 | 3,028,504 | 992,733 | 3,166,886 | — |
| Warrant liability | — | — | — | — | 100,000 | 100,000 | 100,000 | — |
| Contingent consideration | — | — | 100,000 | 100,000 | 287,775 | 704,544 | 271,788 | — |
| Related Party | 358,557 | — | — | — | — | — | — | — |
| Nonrelated Party | 1,297,602 | — | — | — | — | — | — | — |
| Current portion of convertible debentures, net of debt discount of $58,459 and $614,556, respectively | 838,192 | — | 1,598,894 | 3,924,557 | 1,002,463 | 2,809,355 | 1,058,700 | — |
| Factor financing | — | — | — | — | 1,914,611 | — | — | — |
| Related Party | — | 254,032 | — | — | — | — | — | — |
| Convertible Debt | 838,192 | — | — | — | — | — | — | — |
| Warrant liabilities | 80,520 | — | — | — | — | — | — | — |
| Operating lease liabilities, current portion | 110,856 | 89,318 | 93,623 | 142,925 | 122,838 | 173,351 | — | — |
| Current liabilities of discontinued operations | 505,782 | — | — | 419,204 | — | — | — | — |
| Total current liabilities | 7,488,711 | 12,660,530 | 21,559,793 | 31,860,298 | 9,358,049 | 16,087,912 | 17,532,321 | — |
| Convertible loans payable to related parties | — | — | — | — | 577,925 | — | — | — |
| Loans payable, net of current portion | — | — | 337,615 | 2,402,969 | 362,000 | — | — | — |
| Loans payable to related parties, net of current portion, net of debt discount of $0 and $25,297, respectively | — | — | — | — | 2,920,125 | — | — | — |
| Related Party | — | 44,703 | — | — | — | — | — | — |
| Loans payable, net of current portion | 78,125 | — | — | — | — | — | — | — |
| Nonrelated Party | 78,125 | — | — | — | — | — | — | — |
| Convertible debentures, net of current portion, net of debt discount of $0 and $464,839, respectively | — | 685,161 | 1,625,000 | 208,374 | — | 28,324 | — | — |
| Derivative liabilities, net of current portion | — | — | 3,324,126 | 178,220 | — | — | — | — |
| Operating lease liabilities, net of current portion | 69,094 | 190,989 | — | 126,044 | — | — | — | — |
| Noncurrent liabilities of discontinued operations | — | — | — | 33,496 | — | — | — | — |
| Total long-term liabilities | — | 920,853 | 5,286,741 | 2,949,103 | 3,860,050 | 28,324 | — | — |
| Total liabilities | 7,635,930 | 13,581,383 | 26,846,534 | 34,809,401 | 13,218,099 | 16,116,236 | 17,532,321 | — |
| Temporary Equity | — | — | — | — | — | 1,492,418 | 1,089,407 | — |
| Series A Preferred Stock | — | — | — | — | — | 1,007,888 | 604,877 | — |
| Series B Preferred Stock | — | — | — | — | — | 484,530 | 484,530 | — |
| Total mezzanine equity | — | — | 17,467,898 | 13,591,503 | 1,221,933 | — | — | — |
| Stockholders’ deficit: | ||||||||
| Common stock; $0.00001 par value; 1,000,000,000 shares authorized; 970,319 and 959,508 issued and outstanding as of December 31, 2024 and 2023, respectively | 10 | 2,399 | 1,645 | 462 | 132 | 2 | — | — |
| Series A Preferred Stock | — | — | 722,098 | 619,229 | 737,403 | — | — | — |
| Series B Preferred Stock | — | — | — | — | 484,530 | — | — | — |
| Series D | 7,745,643 | 7,745,643 | 11,641,142 | 6,658,457 | — | — | — | — |
| Series E | 4,869,434 | 4,869,434 | 5,104,658 | 6,313,817 | — | — | — | — |
| Additional paid-in capital | 32,466,050 | 31,178,365 | 20,338,364 | 8,630,910 | 38,292,653 | 25,255,291 | 18,681,467 | — |
| Treasury stock, at cost | — | — | — | — | (277,436) | (277,436) | (277,436) | — |
| Common stock subscribed | — | — | — | — | 74,742 | 74,742 | 74,742 | — |
| Accumulated deficit | — | — | (32,059,470) | (13,024,382) | — | — | — | — |
| Accumulated deficit | (46,930,296) | (46,545,470) | — | — | (48,202,731) | (30,492,435) | (24,170,105) | — |
| Total stockholders’ equity (deficit) | (1,849,159) | (2,749,629) | (11,719,461) | (4,393,010) | (10,112,640) | (5,439,836) | (5,691,332) | — |
| Noncontrolling interest | — | — | — | 1,949,701 | — | — | — | — |
| Total stockholders’ deficit | — | — | (11,719,461) | (2,443,309) | — | — | — | — |
| Total liabilities and stockholders’ equity (deficit) | 5,786,771 | 10,831,754 | 32,594,971 | 45,957,595 | 4,327,392 | 12,168,818 | 12,930,396 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.