HIGH WIRE NETWORKS, INC.
Income Statement
| Line Item | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M | $10.2M | $8.3M | $6.3M | $6.8M | $5.3M | $11.5M | $8.8M |
| Cost of Revenue | $1.3M | $8.7M | $7.3M | $4.1M | $4.4M | $3.4M | $8.3M | $6.6M |
| Gross Profit | $432.3K | $1.4M | $934.5K | $2.2M | $2.4M | $1.9M | $3.2M | $2.2M |
| Gross Margin | 25.4% | 14.1% | 11.3% | 34.6% | 35.4% | 35.6% | 28.2% | 25.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.8M | $1.9M | $1.3M | $1.5M | $1.5M | $1.4M | $1.3M | $2.1M |
| Operating Income | $-2.8M | $-2.6M | $-8.2M | $-1.8M | $-1.5M | $-1.6M | $-637.9K | $-1.3M |
| Operating Margin | -164.6% | -25.9% | -98.4% | -28.3% | -22.3% | -30.7% | -5.5% | -15.0% |
| Interest Expense | $402.4K | $185.7K | $823.2K | $186.1K | $332.3K | $1.5K | $-149.6K | $3.1K |
| Pretax Income | $-4.7M | $1.5M | $-15.0M | $-3.0M | $5.1M | $1.7M | $-1.4M | $-9.4M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-4.1M | $168.3K | $-26.6M | $-2.8M | $5.4M | $5.0M | $-2.2M | $-9.2M |
| Net Margin | -243.7% | 1.7% | -321.1% | -43.6% | 78.4% | 93.3% | -19.3% | -103.7% |
| EPS (Basic) | $-0.01 | $0.00 | $-0.14 | $0.00 | $0.01 | $0.01 | $0.02 | $-0.03 |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.12 | $0.00 | $0.01 | $0.00 | $0.02 | $-0.03 |
| Shares Outstanding (Basic) | 696.9M | 592.4M | 206.1M | 718.1M | 666.5M | 584.7M | 553.8M | 365.2M |
| Shares Outstanding (Diluted) | 696.9M | 652.0M | 206.1M | 718.1M | 889.8M | 1.22B | 553.8M | 365.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |