WIDEPOINT CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($4.1m) ($3.5m) ($1.5m) $226k $10.3m $341k ($23.6m) ($4.0m) ($1.9m) ($2.8m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($4.0m) ($1.9m) ($2.8m)
Depreciation, Depletion and Amortization $359k $338k $415k $988k $1.1m $1.0m $1.1m $2.3m $353k $740k
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
Deferred Income Tax Expense (Benefit) ($18k) ($2k) $1.1m $344k ($7.5m) $490k $5.0m $107k ($13k) $6k
Share-based Payment Arrangement, Noncash Expense $961k $1.2m $770k
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
Goodwill, Impairment Loss $16.3m $0
Impairment of Intangible Assets, Finite-lived $193k $0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $67k $0 $2k $9k ($8k)
Gain (Loss) on Disposition of Property Plant Equipment $0 ($180k) $0 $8k
Income Tax Expense (Benefit) ($73k) $38k $1.2m $393k ($7.4m) ($982k) $5.1m $133k ($4k) $98k
Operating Lease, Expense $212k $32k $15k $16k $12k $17k $308k
Other Nonoperating Income (Expense) $14k $4k ($2) $39k $456 $643k $1.3m ($63k) ($29k) $647
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Inventories $95k $33k $27k $30k $777k ($401k) $368k ($144k) ($53k) $368k
Accounts Receivable, Credit Loss Expense (Reversal) $253k $63k $5k $22k $571 $24k $12k $47k $22k $26k
Proceeds from Stock Options Exercised $0 $17k $44k $0 $5k $179k $0 $52k
Purchases of property and equipment, accrued but unpaid $275k $696k $262k $370k $254k $258k $245k $208k $118k $237k
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
Inventory Write-down $0 $0 $0 $0 $0
Investment Income, Interest $15k $15k $7k $5k $4k $4k $42k
Nonoperating Income (Expense) ($44k) ($33k) ($73k) ($266k) ($299k) ($374k) $1.1m ($211k) ($58k) $131k
Operating Expenses $18.2m $17.2m $15.5m $16.5m $17.2m $15.8m $34.2m $19.3m $20.9m $23.8m
Payments of Financing Costs $191k
Stock or Unit Option Plan Expense $185k $229k $296k $337k $105k $80k $0
Net Cash Provided by (Used in) Operating Activities $2.7m ($3.0m) ($2.1m) $5.9m $6.4m ($1.2m) $6.1m $625k $1.7m $5.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $275k $696k $262k $370k $254k $258k $245k $208k $118k $237k
Net Cash Provided by (Used in) Investing Activities ($606k) ($773k) ($490k) ($517k) ($1.2m) ($7.4m) ($3.4m) ($621k) $141k ($265k)
Cash flows from financing activities:
Repayments of Long-term Debt $818k $82k $0
Proceeds from Issuance of Common Stock $0 $17k $44k $0 $5k $179k $0 $0 ($61k)
Payments for Repurchase of Common Stock $8.0m $0
Net Cash Provided by (Used in) Financing Activities ($882k) ($299k) ($158k) ($844k) $3.7m ($706k) ($1.5m) ($590k) ($895k) ($720k)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $212k ($58k) ($47k) $156k ($145k) ($141k) ($24k) ($32k) ($72k)
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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $9.1m ($9.5m) $7.5m $6.9m $7.8m $12.5m
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