For the quarter ending 2025-09-30, WYY has $70,575,306 in assets. $58,417,440 in debts. $12,128,422 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 12,128,422 | 6,820,958 | ||
| Restricted cash | 832,863 | 398,797 | ||
| Accounts receivable, net of allowance for credit losses of 70,725 and 46,150, respectively | 7,117,636 | 16,749,251 | ||
| Unbilled accounts receivable | 29,888,114 | 29,115,715 | ||
| Other current assets | 6,066,826 | 8,115,728 | ||
| Total current assets | 56,033,861 | 61,200,449 | ||
| Property and equipment, net | 439,110 | 500,255 | ||
| Lease right of use asset | 4,114,808 | 4,324,312 | ||
| Intangible assets, net | 3,678,013 | 4,096,698 | ||
| Goodwill | 5,811,578 | 5,811,578 | ||
| Deferred tax assets, net | - | 91,132 | ||
| Other long-term assets | 497,936 | 551,653 | ||
| Total assets | 70,575,306 | 76,576,077 | ||
| Accounts payable | 17,637,127 | 20,477,995 | ||
| Accrued expenses | 28,547,750 | 29,079,133 | ||
| Current portion of deferred revenue | 6,820,156 | 8,742,472 | ||
| Current portion of lease liabilities | 780,345 | 858,126 | ||
| Total current liabilities | 53,785,378 | 59,157,726 | ||
| Lease liabilities, net of current portion | 4,125,894 | 4,269,077 | ||
| Deferred revenue, net of current portion | 462,053 | 586,744 | ||
| Deferred tax liabilities, net | 44,115 | 0 | ||
| Total liabilities | 58,417,440 | 64,013,547 | ||
| Common stock, 0.001 par value 30,000,000 shares authorized 9,655,173 and 9,485,508 shares issued and outstanding, respectively | 9,656 | 9,656 | ||
| Additional paid-in capital | 103,491,727 | 103,337,616 | ||
| Accumulated other comprehensive loss | -359,584 | -359,994 | ||
| Accumulated deficit | -90,983,933 | -90,424,748 | ||
| Total stockholders' equity | 12,157,866 | 12,562,530 | ||
| Total liabilities and stockholders' equity | 70,575,306 | 76,576,077 | ||
WIDEPOINT CORP (WYY)
WIDEPOINT CORP (WYY)