Spectrum Global Solutions, Inc. develops and commercializes alternative energy technologies and services. It operates infrastructure and professional services segments. Infrastructure and professional services comprised of AW Solutions and ADEX Corp. The company was founded by Larry Kristof on January 22, 2007 and is headquartered in Longwood, FL.
Company profile
Ticker
HWNI
Exchange
Website
CEO
Roger M. Ponder
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HWN, INC., Mantra Venture Group Ltd., Spectrum Global Solutions, Inc.
SEC CIK
Corporate docs
Subsidiaries
AW Solutions Puerto Rico, LLC • Tropical Communications, Inc. • ADEX Corp. • ADEX Puerto Rico LLC • ADEX Canada Ltd • HWN, Inc. • Secure Voice Corporation ...
IRS number
260592672
HWNI stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
10-Q
2023 Q3
Quarterly report
12 Jan 24
8-K
Entry into a Material Definitive Agreement
8 Dec 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
8-K
High Wire Networks Enters into $5 Million Securities Purchase Agreement
29 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Entry into a Material Definitive Agreement
7 Jul 23
8-K
High Wire Appoints Seasoned Tech Executive, Curtis Smith, as Chief Financial Officer
30 Jun 23
Latest ownership filings
3
Mark William Porter
31 Aug 23
SC 13G
Herald Investment Management Ltd
30 Mar 23
SC 13G/A
Bellridge Capital, LP
8 Jun 21
SC 13G
Spectrum Global Solutions, Inc.
16 Dec 19
4
Roger Marcus Ponder
14 Feb 19
4
Keith William Hayter
14 Feb 19
4
Keith William Hayter
3 Oct 18
4
Roger Marcus Ponder
3 Oct 18
4
Keith William Hayter
31 Aug 18
4
Keith William Hayter
30 Apr 18
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 347.57 k | 347.57 k | 347.57 k | 347.57 k | 347.57 k | 347.57 k |
Cash burn (monthly) | 285.30 k | 14.86 k | 1.18 mm | 2.83 mm | 996.89 k | 827.46 k |
Cash used (since last report) | 1.90 mm | 99.12 k | 7.90 mm | 18.87 mm | 6.65 mm | 5.52 mm |
Cash remaining | -1.56 mm | 248.45 k | -7.55 mm | -18.52 mm | -6.30 mm | -5.17 mm |
Runway (months of cash) | -5.5 | 16.7 | -6.4 | -6.5 | -6.3 | -6.3 |
Institutional ownership, Q1 2021
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Bellridge Capital | 0.00 | $0.00 |
Press releases
High Wire Awarded Additional Fiber Installation Project for National Environmental Solutions Provider, Bringing Total Value of Engagement to $2.8 Million+
17 Apr 24
High Wire Awarded Contract Renewal to Deliver Full Range of Tech Managed Services for National Environmental Solutions Provider
8 Mar 24
High Wire Networks to Present at the 36th Annual ROTH Conference, March 18-19, 2024
27 Feb 24
High Wire Networks Named to CRN MSP 500 and Elite 150 Listings of Nation's Top IT Managed Service Providers
12 Feb 24
High Wire Networks Launches Pilot Project as Part of a $2.4 Billion, 10-Year Network Modernization Initiative
30 Jan 24