📊 HWNI Key Takeaways
Is HWNI a Good Investment? Thesis Analysis
High Wire Networks exhibits severe financial distress with negative stockholders' equity (-$6.2M), critical liquidity crisis (current ratio 0.00x), and unsustainable cash burn (-$1.3M operating cash flow) despite 21.3% revenue growth. The company's fundamentals are fundamentally broken: losing $5.3M annually on $4.4M revenue with only $111.9K cash reserves and liabilities exceeding assets by $6.2M, creating imminent bankruptcy risk.
Why Buy HWNI? Key Strengths
- Revenue growth of 21.3% YoY indicates some market demand
- No long-term debt burden provides theoretical flexibility
- Positive gross profit of $618.1K shows basic unit economics exist
HWNI Investment Risks to Consider
- Negative stockholders' equity of -$6.2M indicates technical insolvency
- Critical liquidity crisis: 0.00x current ratio with only $111.9K cash against $7.4M liabilities
- Negative operating cash flow of -$1.3M indicates unsustainable burn rate
- Massive unprofitability: -120.5% net margin, -4.4% operating margin, -434.5% ROA
- Operating model is fundamentally broken despite revenue growth
Key Metrics to Watch
- Monthly cash burn rate and runway to cash depletion
- Operating cash flow trend and path to breakeven operations
- Ability to secure financing or capital injection to avoid bankruptcy
- Gross margin sustainability and operating expense reduction
HWNI Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
HWNI Profitability Ratios
HWNI vs Default Sector
How HIGH WIRE NETWORKS, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is HWNI Overvalued or Undervalued?
Based on fundamental analysis, HIGH WIRE NETWORKS, INC. has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
HWNI Balance Sheet & Liquidity
HWNI 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: HIGH WIRE NETWORKS, INC.'s revenue has declined by 67% over the 5-year period, indicating business contraction. The most recent EPS of $-15.97 indicates the company is currently unprofitable.
HWNI Growth Metrics (YoY)
HWNI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2025 | $1.9M | -$414.4K | $-1.83 |
| Q1 2025 | $2.1M | -$414.4K | $-0.43 |
| Q3 2024 | $2.0M | $168.3K | $-0.01 |
| Q2 2024 | $1.7M | $168.3K | $-0.02 |
| Q1 2024 | $7.7M | $168.3K | $0.00 |
| Q3 2023 | $6.0M | N/A | $-0.01 |
| Q2 2023 | $5.9M | -$4.1M | $-0.02 |
| Q1 2023 | $5.3M | -$186.2K | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
HWNI Capital Allocation
HWNI SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for HIGH WIRE NETWORKS, INC. (CIK: 0001413891)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HWNI
What is the AI rating for HWNI?
HIGH WIRE NETWORKS, INC. (HWNI) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are HWNI's key strengths?
Claude: Revenue growth of 21.3% YoY indicates some market demand. No long-term debt burden provides theoretical flexibility.
What are the risks of investing in HWNI?
Claude: Negative stockholders' equity of -$6.2M indicates technical insolvency. Critical liquidity crisis: 0.00x current ratio with only $111.9K cash against $7.4M liabilities.
What is HWNI's revenue and growth?
HIGH WIRE NETWORKS, INC. reported revenue of $4.4M.
Does HWNI pay dividends?
HIGH WIRE NETWORKS, INC. does not currently pay dividends.
Where can I find HWNI SEC filings?
Official SEC filings for HIGH WIRE NETWORKS, INC. (CIK: 0001413891) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HWNI's EPS?
HIGH WIRE NETWORKS, INC. has a diluted EPS of $-5.25.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HWNI a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, HIGH WIRE NETWORKS, INC. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is HWNI stock overvalued or undervalued?
Valuation metrics for HWNI: ROE of N/A (sector avg: 15%), net margin of -120.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy HWNI stock in 2026?
Our dual AI analysis gives HIGH WIRE NETWORKS, INC. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is HWNI's free cash flow?
HIGH WIRE NETWORKS, INC.'s operating cash flow is $-1.3M, with capital expenditures of $14.0K. FCF margin is -29.4%.
How does HWNI compare to other Default stocks?
Vs Default sector averages: Net margin -120.5% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.00 (avg: 1.8).