High Wire Networks Inc
highwirenetworks.comWhat Do They Do?
Provides managed cybersecurity that protects organizations’ networks, data and users through service providers and resellers. Also sells wholesale voice-network services to other carriers.
10-K for FY2024, filed Mar 31, 2025
How Do They Make Money?
Organizations buy managed cybersecurity under multiyear recurring contracts for protection of networks, data, endpoints and users.
10-K for FY2024, filed Mar 31, 2025Managed Cybersecurity: Recognized by Frost and Sullivan as one of the “Top 12 Managed and Professional Cybersecurity Companies in the…View ↗
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10-K for FY2024, filed Mar 31, 2025
FY2024 revenue by reportable segment ↗
$8.4M
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10-K for FY2024, filed Mar 31, 2025
$8.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Cybersecurity
Recurring
10-K for FY2024, filed Mar 31, 2025 |
51% |
Cybersecurity, FY2024
$4.3M Sources
|
Recurring |
|
SVC
|
49% |
SVC, FY2024
$4.1M Sources
|
Who Are Their Customers?
Managed cybersecurity is sold through channel partners, including MSPs, resellers and distributors; most revenue comes through partners rather than end customers. SVC sells wholesale voice services to other carriers.
10-K for FY2024, filed Mar 31, 2025Managed Cybersecurity: Recognized by Frost and Sullivan as one of the “Top 12 Managed and Professional Cybersecurity Companies in the…View ↗
Secure Voice Corp: We provided wholesale telecommunications services to other carriers as an FCC registered IXC. We provide these services…View ↗
The majority of our revenue is from partners, as opposed to end customers. This enables us to leverage a smaller sales, sales support and…View ↗
Do Revenues Turn Into Profits?
No. It lost $384.8K in FY2024.
10-K for FY2024, filed Mar 31, 2025
−$8.6MView ↗
10-K for FY2024, filed Mar 31, 2025
−$384.8KView ↗
10-K for FY2024, filed Mar 31, 2025
−$6.1MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q3 FY2025, filed Nov 14, 2025
−$880KView ↗
- ▼ −47% (Loss)
- vs −$1.7M in Q3 FY2024
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Jul 15, 2026
Says errors require restatement of three interim reports
The errors affected debt and non-operating losses in the affected statements.
Sources
8-K, filed Jul 15, 2026
In connection with the preparation of the Company's year-end audit, the Company identified errors in the accounting for defaults on certain…View ↗
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Mar 6, 2026
Acquired Thoth Aerospace in a share exchange that changed company control
Thoth's sole shareholder received shares representing 80% of the company's fully diluted capital.
Sources
8-K, filed Mar 6, 2026
Pursuant to the Agreement, at the closing on March 3, 2026 (the “Closing”), the Selling Shareholder transferred all of the issued and…View ↗
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Oct 14, 2025
Sold substantially all cybersecurity and voice-network operating assets
Tego Cyber subsidiaries acquired the assets for preferred stock and assumed certain liabilities.
Sources
8-K, filed Oct 14, 2025
On August 13, 2025, the Company and its subsidiaries completed the sale of substantially all operating assets of its Managed Security…View ↗
Shrinking. Revenue fell 15% in 4 years, from $9.9M in FY2020 to $8.4M in FY2024, about 4% a year.
Technology-services portfolio narrowed
The older report describes network engineering, installation and maintenance for carriers and enterprise customers; the latest says the company agreed to sell certain technology-services assets and classified that unit's historical results as discontinued operations.
10-K for FY2021, filed Apr 15, 2022 10-K for FY2024, filed Mar 31, 2025The Technology Solutions division offers carriers, service providers and enterprise customers professional contracting services, to…View ↗
On June 27, 2024, HWN entered into an asset purchase agreement with INNO4 LLC pursuant to which INNO4 LLC agreed to purchase certain assets…View ↗
Who Do They Compete With?
Competes with Arctic Wolf, Cydera, and SecureWorks
10-K for FY2024, filed Mar 31, 2025Managed Services is a very competitive market and as such, our strategy is to continue to work through distribution channels with existing…View ↗
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