High Wire Networks, Inc. financial data

Symbol
HWNI on OTC
Industry
Telephone Communications (No Radiotelephone)
Location
30 N Lincoln St., Batavia, Illinois
State of incorporation
Nevada
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
Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 35.5 % -37%
Debt-to-equity 712 % -68.3%
Return On Equity -354 % +75.9%
Return On Assets -92 % -102%
Operating Margin -41 % +8.18%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 241M shares +1.16%
Common Stock, Shares, Outstanding 241M shares +5.64%
Entity Public Float 23.8M USD +635%
Common Stock, Value, Issued 2.41K USD +5.62%
Weighted Average Number of Shares Outstanding, Basic 241M shares +21.8%
Weighted Average Number of Shares Outstanding, Diluted 241M shares +10.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 24.5M USD -22.6%
Cost of Revenue 15.7M USD -36.2%
General and Administrative Expense 6.4M USD +4.5%
Costs and Expenses 84.4M USD -2.53%
Operating Income (Loss) -10M USD +28.9%
Nonoperating Income (Expense) -5.04M USD -291%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.1M USD -31.5%
Net Income (Loss) Attributable to Parent -414K USD -346%
Earnings Per Share, Basic -0.06 USD/shares +84.2%
Earnings Per Share, Diluted -0.06 USD/shares +81.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 264K USD
Accounts Receivable, after Allowance for Credit Loss, Current 4.48M USD -36.3%
Assets, Current 5.06M USD -40.7%
Property, Plant and Equipment, Net 977K USD -34.8%
Operating Lease, Right-of-Use Asset 253K USD +664%
Intangible Assets, Net (Excluding Goodwill) 3.49M USD -23.5%
Goodwill 3.16M USD -41.5%
Assets 12.9M USD -35.4%
Contract with Customer, Liability, Current 384K USD -52.4%
Liabilities, Current 15.8M USD +41.8%
Operating Lease, Liability, Noncurrent 163K USD
Liabilities 15.9M USD +43.2%
Retained Earnings (Accumulated Deficit) -47M USD -47.3%
Stockholders' Equity Attributable to Parent -2.97M USD -133%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -2.75M USD +76.5%
Liabilities and Equity 12.9M USD -35.4%

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 241M shares +5.64%
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 264K USD -73.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 132K USD +4832%
Deferred Tax Assets, Valuation Allowance 27.6M USD +51.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 18.2M USD -33.5%
Operating Lease, Liability 256K USD +500%
Depreciation 62.6K USD +91.3%
Payments to Acquire Property, Plant, and Equipment 13.7K USD
Lessee, Operating Lease, Liability, to be Paid 271K USD
Property, Plant and Equipment, Gross 1.52M USD
Operating Lease, Liability, Current 93.1K USD +118%
Lessee, Operating Lease, Liability, to be Paid, Year Two 70.2K USD +62.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 117K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 70.2K USD
Deferred Tax Assets, Operating Loss Carryforwards 28M USD +54%
Operating Lease, Payments 116K USD -16.8%
Additional Paid in Capital 31.4M USD +18.6%
Amortization of Intangible Assets 126K USD -26%
Depreciation, Depletion and Amortization 844K USD +3.73%
Deferred Tax Assets, Net of Valuation Allowance 27.6M USD +51.5%
Interest Expense 243K USD +30.9%