Wytec International Inc (OTC: WYTC) is a wireless technology company that develops and deploys small cell infrastructure and in-building cellular enhancement systems. Revenue comes from installation contracts with school districts and commercial facilities, with the Laredo Independent School District accounting for approximately 77% of gross revenues of $131,077 for the year ended December 31, 2024. The company holds two issued patents on its LPN-16 small cell technology (patent numbers 9,807,032 and 10,868,775 B2), and in January 2025 received a notice of allowance on a third patent application covering firearm discharge detection using machine learning models. Wytec has deployed its SmartDAS in-building cellular solution across more than 20 building facilities and maintains vendor relationships with Nokia, Ericsson, Samsung, and Nextivity. With a cash balance of $110,699 as of December 31, 2024, the company relies on equity raises, warrant exercises, and debt financing to fund operations, and does not generate sufficient revenue to cover working capital independently.

Revenue model

Project-based installation contracts for in-building cellular enhancement (DAS) and small cell deployments, primarily with Texas school districts. Total revenues for the year ended December 31, 2024 were $131,077, of which $98,306 came from the Laredo ISD contract. The company supplements project revenue with private placements of common stock and warrant exercises ($668,932 from warrant exercises in FY2024) and debt financing ($605,000 in new debt in FY2024).

Products and services

LPN-16 patented small cell technology designed for installation on utility poles; SmartDAS in-building distributed antenna system priced at approximately one-third the cost of traditional DAS; smart-sensor systems incorporating gunshot detection and drug sensing using machine learning algorithms, developed in conjunction with Trabus and Lemko CBRS small cell technology.

Customers and end markets

Primary customer as of FY2024 is Laredo ISD in Bexar County, Texas, representing 77% of gross revenues. Additional pipeline includes Highland Park ISD and Amarillo ISD for in-building cellular solutions. Commercial deployments include the Johnson Space Center in Houston, Texas. End markets are K-12 school districts (public safety and cellular coverage) and private commercial facilities.

Value-chain role

Systems integrator and technology developer. Wytec designs proprietary small cell and in-building cellular hardware, holds associated patents, and installs solutions directly for end customers. It sources components through vendor relationships with Nokia, Ericsson, Samsung, and Nextivity, and partners with Lemko for CBRS wireless gateway technology and Trabus for algorithm development.

Geographic exposure

Operations concentrated in Texas, based on school district contracts and commercial installations disclosed in the 10-K filed March 31, 2025.

Source: SEC 10-K, filed 2025-03-31

Industry: Telegraph & Other Message Communications