For the quarter ending 2025-09-30, HWNI made $15,519 in revenue. -$879,993 in net income. Net profit margin of -5670.42%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Other income | - | - | - | -50,000 |
| Exchange loss | - | 0 | -7,641 | -7,145 |
| Amortization of debt discounts | 25,913 | 159,103 | 197,915.333 | - |
| Gain on change in fair value of warrant liabilities | -3,200 | -69,467 | -136,856.5 | -4,880 |
| Interest expense | 305,701 | 421,486 | 184,473 | 50,195 |
| Warrant expense | 0 | 0 | 69,952.333 | - |
| Penalty fee | - | - | 25,000 | - |
| Loss on settlement of debt | 0 | 0 | 108,700 | 69,038 |
| Gain on extinguishment of warrant liabilities | 0 | 0 | 0 | - |
| Termination and penalty fee | 0 | 0 | - | - |
| Investment income, net, amortization of discount and premium | - | - | - | -66,907 |
| Other (expense) income | 0 | - | -12,500 | - |
| Depreciation and amortization | - | 183,215 | 187,446.5 | 186,422 |
| Total other (expense) | -328,414 | -511,122 | -354,784 | -100,329 |
| Cost of revenue | - | 1,604,496 | 1,969,201.5 | 1,372,998 |
| Salaries and wages | 8,075 | 872,558 | 766,727.5 | 1,043,209 |
| Goodwill impairment charge | - | - | 301,808.5 | - |
| General and administrative | 10,644 | 985,367 | 959,646.5 | 1,019,153 |
| Total operating expenses | 18,719 | 3,645,636 | 4,184,830.5 | 3,621,782 |
| Revenue | 0 | 2,256,454 | 2,194,709 | 2,051,672 |
| Loss from operations | -18,719 | -1,389,182 | -1,990,121.5 | -1,570,110 |
| Net loss from continuing operations before income taxes | -347,133 | -1,900,304 | -2,344,905.5 | -1,670,439 |
| Provision for income taxes | 0 | 0 | - | - |
| Net loss from continuing operations | -347,133 | -1,900,304 | -2,344,905.5 | -1,670,439 |
| Net (loss) income from discontinued operations, net of tax | -532,860 | - | 938,244.5 | - |
| Net (loss) income attributable to high wire networks, inc. common shareholders | -879,993 | - | -1,406,661 | -1,670,439 |
| Diluted (in shares) | 1,119,665 | 1,035,704 | -256,000,441 | 240,912,395 |
| Net income (loss) per share | -0.79 | -1.83 | -0.205 | -0.01 |
| Net income (loss) per share | -0.79 | -1.83 | -0.205 | -0.01 |
| Weighted average common shares outstanding basic (in shares) | 1,119,665 | 1,035,704 | -240,284,876.5 | 240,912,395 |
HIGH WIRE NETWORKS, INC. (HWNI)
HIGH WIRE NETWORKS, INC. (HWNI)