← WIDEPOINT CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($4.1m) | ($3.5m) | ($1.5m) | $226k | $10.3m | $341k | ($23.6m) | ($4.0m) | ($1.9m) | ($2.8m) | — | |
| Depreciation, Depletion and Amortization | $359k | $338k | $415k | $988k | $1.1m | $1.0m | $1.1m | $2.3m | $353k | $740k | $2.9m | |
| Amortization of Debt Issuance Costs | $0 | $19k | $17k | $5k | $2k | $0 | — | — | — | — | — | |
| Amortization of Intangible Assets | $1.1m | $1.1m | $756k | $786k | $482k | $632k | $1.5m | $2.3m | $2.3m | $1.7m | — | |
| Depreciation | $438k | $415k | $551k | $1.1m | $1.2m | $1.0m | $1.1m | $1.1m | $1.0m | $1.4m | $1.4m | |
| Deferred Income Tax Expense (Benefit) | ($18k) | ($2k) | $1.1m | $344k | ($7.5m) | $490k | $5.0m | $107k | ($13k) | $6k | $38k | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | $961k | $1.2m | $770k | $820k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $32k | $122k | $0 | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $311k | $387k | $683k | $718k | $810k | $884k | $529k | $961k | $1.2m | $770k | $820k | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $16.3m | $0 | — | — | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $193k | $0 | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | $0 | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($44k) | ($33k) | ($73k) | ($266k) | ($299k) | ($374k) | $1.1m | ($211k) | ($58k) | $131k | — | |
| Other Nonoperating Income (Expense) | $14k | $4k | ($2) | $39k | $456 | $643k | $1.3m | ($63k) | ($29k) | $647 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts Receivable, Credit Loss Expense (Reversal) | $253k | $63k | $5k | $22k | $571 | $24k | $12k | $47k | $22k | $26k | ($11.1m) | |
| Increase (Decrease) in Inventories | $95k | $33k | $27k | $30k | $777k | ($401k) | $368k | ($144k) | ($53k) | $368k | $131k | |
| Inventory Write-down | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Purchases of property and equipment, accrued but unpaid | $275k | $696k | $262k | $370k | $254k | $258k | $245k | $208k | $118k | $237k | ($316k) | |
| Net Cash Provided by (Used in) Operating Activities | $2.7m |
($3.0m)
-210.33%
|
($2.1m)
+28.64%
|
$5.9m
+374.25%
|
$6.4m
+9.08%
|
($1.2m)
-119.14%
|
$6.1m
+596.35%
|
$625k
-89.70%
|
$1.7m
+168.98%
|
$5.7m
+239.32%
|
$8.0m
+40.39%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $275k | $696k | $262k | $370k | $254k | $258k | $245k | $208k | $118k | $237k | ($316k) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $67k | $0 | — | — | — | — | $2k | $9k | ($8k) | $8k | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($180k) | $0 | — | — | — | — | — | — | $8k | $8k | |
| Net Cash Provided by (Used in) Investing Activities | ($606k) | ($773k) | ($490k) | ($517k) | ($1.2m) | ($7.4m) | ($3.4m) | ($621k) | $141k | ($265k) | ($267k) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $818k | $82k | $0 | — | — | — | — | — | — | — | ($592k) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $8.0m | — | $0 | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | $17k | $44k | $0 | $5k | $179k | $0 | — | $0 | ($61k) | $29 | |
| Net Cash Provided by (Used in) Financing Activities | ($882k) |
($299k)
+66.13%
|
($158k)
+47.20%
|
($844k)
-435.18%
|
$3.7m
+542.24%
|
($706k)
-118.91%
|
($1.5m)
-108.00%
|
($590k)
+59.80%
|
($895k)
-51.63%
|
($720k)
+19.55%
|
($723k)
-0.49%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $212k | ($58k) | ($47k) | $156k | ($9.5m) | $1.1m | ($610k) | $896k | $4.6m | $11.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $9.1m | ($9.5m) | $7.5m | $6.9m | $7.8m | $12.5m | $11.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $212k | ($58k) | ($47k) | $156k | ($145k) | ($141k) | ($24k) | ($32k) | ($72k) | ($39k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $0 | $17k | $44k | $0 | $5k | $179k | $0 | — | — | $52k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $67k | $24k | $52k | $216k | $308k | $255k | $195k | $223k | — | $159k | — | |
| Income Taxes Paid, Net | $0 | $9k | $45k | $15k | $66k | $215k | $28k | $0 | ($258k) | $48k | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $14.4m | $14.4m | $13.3m | $13.8m | $14.3m | $12.7m | $14.7m | $15.9m | $17.6m | $19.7m | — | |
| Goodwill | $18.6m | $18.6m | $18.6m | $18.6m | $18.6m | $22.1m | $5.8m | $5.8m | $5.8m | $5.8m | $0 | |
| Income Tax Expense (Benefit) | ($73k) | $38k | $1.2m | $393k | ($7.4m) | ($982k) | $5.1m | $133k | ($4k) | $98k | — | |
| Investment Income, Interest | $15k | $15k | $7k | $5k | $4k | $4k | $42k | — | — | — | — | |
| Operating Expenses | $18.2m | $17.2m | $15.5m | $16.5m | $17.2m | $15.8m | $34.2m | $19.3m | $20.9m | $23.8m | — | |
| Operating Lease, Expense | — | — | — | $212k | $32k | $15k | $16k | $12k | $17k | $308k | — | |
| Payments of Financing Costs | — | $191k | — | — | — | — | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $185k | $229k | $296k | $337k | $105k | $80k | $0 | — | — | — | — |