| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | - | 111,916 | ||
| Accounts receivable, net of allowances of 214,474 and 171,444, respectively, and unbilled revenue of 4,786 and 7,845, respectively | - | 1,096,823 | ||
| Prepaid expenses and other current assets | 14,865 | 151,461 | ||
| Total current assets | 14,865 | 1,360,200 | ||
| Property and equipment, gross | - | 1,518,042 | ||
| Less accumulated depreciation | - | 855,211 | ||
| Property and equipment, net of accumulated depreciation of 855,211 and 732,804, respectively | - | 662,831 | ||
| Goodwill | - | 605,584 | ||
| Intangible assets, net of accumulated amortization of 1,726,929 and 1,481,907, respectively | - | 2,712,817 | ||
| Investment in equity securities | 1,120,000 | - | ||
| Operating lease right-of-use assets | 93,435 | 120,729 | ||
| Total assets | 1,228,300 | 5,462,161 | ||
| Accounts payable and accrued liabilities | 3,847,199 | 5,877,846 | ||
| Contract liabilities | - | 78,106 | ||
| Current portion of loans payable to related parties-Related Party | 477,343 | 468,964 | ||
| Current portion of loans payable, net of debt discount of 3,810 and 40,739, respectively | 1,242,673 | 1,389,900 | ||
| Current portion of convertible debentures, net of debt discount of 0 and 58,459, respectively-Convertible Debt | 1,230,620 | 2,280,620 | ||
| Warrant liabilities | 533 | 3,733 | ||
| Operating lease liabilities, current portion | 98,134 | 116,373 | ||
| Current liabilities of discontinued operations | 505,782 | 505,782 | ||
| Total current liabilities | 7,402,284 | 10,721,324 | ||
| Loans payable, net of current portion | - | 32,916 | ||
| Operating lease liabilities, net of current portion | - | 9,987 | ||
| Total liabilities | 7,402,284 | 10,764,227 | ||
| Common stock 0.00001 par value 1,000,000,000 shares authorized 1,119,665 and 970,319 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 11 | 11 | ||
| Preferred stock value-Series DPreferred Stock | 7,745,643 | 7,745,643 | ||
| Preferred stock value-Series EPreferred Stock | 4,869,434 | 4,869,434 | ||
| Additional paid-in capital | 33,478,098 | 33,470,023 | ||
| Accumulated deficit | -52,267,170 | -51,387,177 | ||
| Total stockholders equity (deficit) | -6,173,984 | -5,302,066 | ||
| Total liabilities and stockholders equity (deficit) | 1,228,300 | 5,462,161 | ||
HIGH WIRE NETWORKS, INC. (HWNI)
HIGH WIRE NETWORKS, INC. (HWNI)