WIDEPOINT CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $78.4m $75.9m $83.7m $101.7m $180.3m $87.3m $94.1m $106.0m $142.6m $150.5m
Cost of Revenue $68.1m $62.2m $68.4m $84.3m $159.9m $71.0m $79.5m $90.4m $123.6m $129.5m
Gross Profit $14.0m $13.7m $15.3m $17.4m $20.5m $16.4m $14.6m $15.6m $19.0m $21.0m
Operating Expenses $18.2m $17.2m $15.5m $16.5m $17.2m $15.8m $34.2m $19.3m $20.9m $23.8m
Operating Income (Loss) ($4.2m) ($3.5m) ($190k) $885k $3.2m $608k ($19.6m) ($3.7m) ($1.9m) ($2.8m)
Additional Financial Items
Amortization of Intangible Assets $1.1m $1.1m $756k $786k $482k $632k $1.5m $2.3m $2.3m $1.7m
Goodwill, Impairment Loss $16.3m $0
Interest Income, Other $91k $215k $333k
Investment Income, Interest $15k $15k $7k $5k $4k $4k $42k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($4.2m) ($3.5m) ($263k) $619k $2.9m $640k ($1.9m) ($2.7m)
Net Income (Loss) Attributable to Parent ($4.1m) ($3.5m) ($1.5m) $226k $10.3m $341k ($23.6m) ($4.0m) ($1.9m) ($2.8m)
Earnings Per Share, Basic ($0.05) ($0.04) ($0.02) $0.00 $1.22 $0.04 ($2.70) ($0.46) ($0.21) ($0.28)
Earnings Per Share, Diluted ($0.05) ($0.04) ($0.02) $0.00 $1.20 $0.04 ($2.70) ($0.46) ($0.21) ($0.28)
Weighted Average Number of Shares Outstanding, Basic 82.7m 82.9m 83.3m 84.0m 8.5m 9.1m 8.7m 8.8m 9.3m 9.7m
Weighted Average Number of Shares Outstanding, Diluted 82.7m 82.9m 83.3m 84.0m 8.6m 9.2m 8.7m 8.8m 9.3m 9.7m
Other income (expense):
Research and Development Expense $699k $219k $0
Selling and Marketing Expense $2.7m $2.2m $1.7m $1.7m $1.9m $2.0m $2.1m $2.2m $2.3m $2.7m
General and Administrative Expense $14.4m $14.4m $13.3m $13.8m $14.3m $12.7m $14.7m $15.9m $17.6m $19.7m
Other Nonoperating Income (Expense) $14k $4k ($2) $39k $456 $643k $1.3m ($63k) ($29k) $647
Cost, Depreciation and Amortization $1.2m $1.2m $892k $922k $542k $632k $1.5m $2.3m $2.3m $1.8m
Current Income Tax Expense (Benefit) ($56k) $40k $65k $49k $75k $150k $47k $26k $10k $92k
Interest Expense $72k $52k $80k $311k $303k $273k $260k $240k $243k $202k
Operating Lease, Expense $212k $32k $15k $16k $12k $17k $308k
Other Expenses $29k $647
Income Tax Expense (Benefit) ($73k) $38k $1.2m $393k ($7.4m) ($982k) $5.1m $133k ($4k) $98k
Nonoperating Income (Expense) ($44k) ($33k) ($73k) ($266k) ($299k) ($374k) $1.1m ($211k) ($58k) $131k