For the quarter ending 2025-06-30, HWNID has $5,462,161 in assets. $10,764,227 in debts.
| Balance Sheets | 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 | 151,461 | |||
| Total current assets | 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 | |||
| Operating lease right-of-use assets | 120,729 | |||
| Total assets | 5,462,161 | |||
| Accounts payable and accrued liabilities | 5,877,846 | |||
| Contract liabilities | 78,106 | |||
| Current portion of loans payable to related parties-Related Party | 468,964 | |||
| Current portion of loans payable, net of debt discount of 18,896 and 46,969, respectively | 1,389,900 | |||
| Current portion of convertible debentures, net of debt discount of 0 and 58,459, respectively-Convertible Debt | 2,280,620 | |||
| Warrant liabilities | 3,733 | |||
| Operating lease liabilities, current portion | 116,373 | |||
| Current liabilities of discontinued operations | 505,782 | |||
| Total current liabilities | 10,721,324 | |||
| Loans payable, net of current portion | 32,916 | |||
| Operating lease liabilities, net of current portion | 9,987 | |||
| Total liabilities | 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 june 30, 2025 and december 31, 2024, respectively | 11 | |||
| Preferred stock value-Series DPreferred Stock | 7,745,643 | |||
| Preferred stock value-Series EPreferred Stock | 4,869,434 | |||
| Additional paid-in capital | 33,470,023 | |||
| Accumulated deficit | -51,387,177 | |||
| Total stockholders deficit | -5,302,066 | |||
| Total liabilities and stockholders deficit | 5,462,161 | |||
HIGH WIRE NETWORKS, INC. (HWNID)
HIGH WIRE NETWORKS, INC. (HWNID)