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-Q - Q2 2024 - Aug 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 37.7 % -31.2%
Debt-to-equity 718 % -60.9%
Operating Margin -41.4 % +28.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 241M shares
Common Stock, Shares, Outstanding 241M shares +1.16%
Entity Public Float 23.8M USD +635%
Common Stock, Value, Issued 2.41K USD +1.14%
Weighted Average Number of Shares Outstanding, Basic 241M shares +3.58%
Weighted Average Number of Shares Outstanding, Diluted 272M shares +17.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 24.7M USD -6.65%
Cost of Revenue 15.6M USD -27.4%
General and Administrative Expense 6.12M USD -4.84%
Costs and Expenses 4.94M USD +9.89%
Operating Income (Loss) -10.2M USD +33.4%
Nonoperating Income (Expense) -3.19M USD +45.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.4M USD +36.8%
Net Income (Loss) Attributable to Parent 4.79M USD
Earnings Per Share, Basic -0.02 USD/shares +96%
Earnings Per Share, Diluted -0.02 USD/shares +95.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.19M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.37M USD -59%
Assets, Current 5.77M USD +17.9%
Property, Plant and Equipment, Net 913K USD -31.1%
Operating Lease, Right-of-Use Asset 227K USD +2621%
Intangible Assets, Net (Excluding Goodwill) 3.2M USD -27.2%
Goodwill 1.81M USD -66.5%
Assets 11.9M USD +10.1%
Contract with Customer, Liability, Current 365K USD -42%
Liabilities, Current 8.96M USD -6.94%
Operating Lease, Liability, Noncurrent 135K USD
Liabilities 9.46M USD -1.71%
Retained Earnings (Accumulated Deficit) -42.2M USD
Stockholders' Equity Attributable to Parent 2.47M USD -61.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -2.75M USD +76.5%
Liabilities and Equity 11.9M USD -25.6%

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 241M shares +1.16%
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 4.19M USD +264%
Interest Paid, Excluding Capitalized Interest, Operating Activities 132K USD +4832%
Deferred Tax Assets, Valuation Allowance 27.6M USD +51.5%
Deferred Tax Assets, Gross 18.2M USD -33.5%
Operating Lease, Liability 232K USD +2058%
Depreciation 62.6K USD +91.3%
Payments to Acquire Property, Plant, and Equipment 13.7K USD
Lessee, Operating Lease, Liability, to be Paid 244K USD
Property, Plant and Equipment, Gross 1.52M USD
Operating Lease, Liability, Current 96.9K USD +802%
Lessee, Operating Lease, Liability, to be Paid, Year Two 70.2K USD
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 12.1K 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 32M USD +7.37%
Amortization of Intangible Assets 126K USD -26%
Depreciation, Depletion and Amortization 203K USD +68%
Deferred Tax Assets, Net of Valuation Allowance 27.6M USD +51.5%
Interest Expense 2.86M USD +78.9%