HIGH WIRE NETWORKS, INC.
HWNIOTCCommunication Services · Telephone Communications (No Radiotelephone) · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $8.4M | $6.9M | $26.8M | $27.2M | $9.9M | $34.0M |
| Operating income | −$8.6M | −$12.0M | −$13.1M | −$3.7M | −$1.4M | −$3.5M |
| Net income | −$384,826 | −$14.5M | −$19.0M | −$13.7M | −$693,083 | −$5.8M |
| Total assets | $5.8M | $10.8M | $32.6M | $46.0M | $7.7M | $12.2M |
| Total liabilities | $7.6M | $13.6M | $26.8M | $34.8M | $4.9M | $16.1M |
| Equity | −$1.8M | −$2.7M | −$11.7M | −$4.4M | $1.1M | −$5.4M |
| EPS (diluted) | $-0.40 | $-15.97 | $-0.28 | $-1.00 | — | — |
| Shares out. | 240.6M | 227.8M | 52.9M | 21.6M | 1.7M | 14.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −102.1%
- Net margin
- −4.6%
- Return on equity
- 20.8%
- Return on assets
- −6.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 132.0%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- 21.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -43.68distress
- Accruals / assets
- 99.2%high accruals
- Beneish M-Score
- 2.48elevated
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 6 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Strong return on equity (>15%)
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- O'Leary Dennis MActivist (13D)Mar 9, 2026
- Mast Hill Fund, L.P.Passive (13G)Jul 10, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 229 | 1.0 | +100.0% |
| Jun 30, 2025 | 8,408 | 1.0 | +100.0% |
| May 30, 2025 | 10 | 1.0 | 0.0% |
| May 15, 2025 | 10 | 1.0 | 0.0% |
| Apr 30, 2025 | 10 | 1.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMar 23, 2026
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Change in control · Director / officer changeMar 6, 2026
- Entered a material agreement · Completed an acquisition or disposition · Director / officer changeOct 14, 2025
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsMay 29, 2025
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsMay 5, 2025
- Amended charter or bylawsMar 19, 2025
- Entered a material agreement · Terminated a material agreement · Other material eventMar 13, 2025
- Entered a material agreement · New financial obligation · Unregistered equity sale · Modified shareholder rights · Amended charter or bylawsJan 17, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SEC STAFF ACTIONMay 28, 2026
- NT 10-QEXTENSIONMay 15, 2026
- NT 10-KFORM 12B-25Mar 31, 2026
- DEF 14CDEFINITIVE INFORMATION STATEMENTMar 30, 2026
- 8-KFORM 8-KMar 23, 2026
- PRE 14CPRELIMINARY INFORMATION STATEMENTMar 20, 2026
- SC 14F1SCH 14F-1Mar 11, 2026
- SCHEDULE 13DMar 9, 2026
- 3Mar 9, 2026
- 8-KCURRENT REPORTMar 6, 2026
- 10-QQUARTERLY REPORTNov 14, 2025
- 10-QQUARTERLY REPORTOct 14, 2025
- 8-KCURRENT REPORTOct 14, 2025
- SCHEDULE 13G/AJul 10, 2025
- SCHEDULE 13GJul 10, 2025