WidePoint Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $9.8M | $6.8M | $6.9M | $7.5M | $6.5M | $16.0M | $6.9M | $2.4M |
| Accounts Receivable | $15.0M | $11.9M | $8.2M | $9.3M | $12.5M | $35.9M | $14.6M | $11.1M |
| Inventory | $682.0K | $312.4K | $366.1K | $222.3K | $590.1K | $991.0K | $213.7K | $183.9K |
| Total Current Assets | $66.2M | $55.3M | $32.8M | $28.0M | $33.1M | $67.5M | $36.5M | $24.2M |
| Property, Plant & Equipment | $480.1K | $544.7K | $780.8K | $978.2K | $841.1K | $573.0K | $681.6K | $1.0M |
| Goodwill | $5.8M | $5.8M | $5.8M | $5.8M | $22.1M | $18.6M | $18.6M | $18.6M |
| Intangible Assets (Excl. Goodwill) | $3.4M | $5.1M | $7.3M | $7.4M | $6.2M | $2.2M | $2.5M | $3.1M |
| Total Assets | $79.8M | $71.6M | $51.3M | $49.0M | $75.5M | $101.3M | $64.3M | $47.1M |
| Liabilities | ||||||||
| Accounts Payable | $25.9M | $16.5M | $12.6M | $12.5M | $10.3M | $36.2M | $13.6M | $7.4M |
| Total Current Liabilities | $63.9M | $52.9M | $31.5M | $26.1M | $26.0M | $54.4M | $31.5M | $20.5M |
| Long-Term Debt | — | — | — | — | — | — | — | $122.0K |
| Total Liabilities | $68.3M | $58.0M | $36.6M | $31.3M | $33.8M | $60.8M | $39.4M | $22.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-91.8M | $-89.1M | $-87.1M | $-83.1M | $-59.5M | $-59.9M | $-70.2M | $-70.4M |
| Total Stockholders' Equity | $11.5M | $13.6M | $14.7M | $17.8M | $41.7M | $40.6M | $24.9M | $24.4M |