2023 Q3 Form 10-Q Financial Statement
#000165495423010759 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $25.73M | $26.76M |
YoY Change | 1.83% | 16.07% |
Cost Of Revenue | $21.84M | $22.85M |
YoY Change | 1.71% | 15.78% |
Gross Profit | $3.895M | $3.910M |
YoY Change | 2.51% | 17.77% |
Gross Profit Margin | 15.14% | 14.61% |
Selling, General & Admin | $4.468M | $4.373M |
YoY Change | 8.36% | -0.17% |
% of Gross Profit | 114.71% | 111.84% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $780.0K | $771.7K |
YoY Change | 186.55% | 181.56% |
% of Gross Profit | 20.03% | 19.74% |
Operating Expenses | $4.728M | $4.636M |
YoY Change | 7.56% | -77.85% |
Operating Profit | -$832.7K | -$726.7K |
YoY Change | 39.81% | -95.87% |
Interest Expense | -$40.00K | $56.91K |
YoY Change | -163.65% | -9.42% |
% of Operating Profit | ||
Other Income/Expense, Net | -$75.08K | -$66.53K |
YoY Change | 18.34% | -110.88% |
Pretax Income | -$907.8K | -$793.3K |
YoY Change | 37.74% | -95.33% |
Income Tax | $13.31K | $48.81K |
% Of Pretax Income | ||
Net Earnings | -$921.1K | -$842.1K |
YoY Change | 70.3% | -93.88% |
Net Earnings / Revenue | -3.58% | -3.15% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$0.10 | -$0.10 |
COMMON SHARES | ||
Basic Shares Outstanding | 8.893M shares | 8.786M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $8.500M | $7.775M |
YoY Change | 67.94% | 8.11% |
Cash & Equivalents | $8.458M | $7.775M |
Short-Term Investments | ||
Other Short-Term Assets | $1.403M | $1.105M |
YoY Change | -52.09% | -60.4% |
Inventory | $494.1K | $307.4K |
Prepaid Expenses | ||
Receivables | $8.912M | $8.951M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $28.73M | $31.43M |
YoY Change | 0.55% | 3.78% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $857.9K | $888.9K |
YoY Change | -19.27% | -22.9% |
Goodwill | $5.812M | $5.812M |
YoY Change | 0.0% | 0.0% |
Intangibles | $7.134M | $6.673M |
YoY Change | 7.47% | 4.91% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.557M | $2.425M |
YoY Change | -46.9% | -13.02% |
Total Long-Term Assets | $19.66M | $20.27M |
YoY Change | -33.63% | -31.2% |
TOTAL ASSETS | ||
Total Short-Term Assets | $28.73M | $31.43M |
Total Long-Term Assets | $19.66M | $20.27M |
Total Assets | $48.39M | $51.71M |
YoY Change | -16.85% | -13.47% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $13.86M | $13.38M |
YoY Change | -8.26% | -8.96% |
Accrued Expenses | $10.62M | $13.85M |
YoY Change | 24.29% | 41.13% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $27.32M | $30.56M |
YoY Change | 4.14% | 12.78% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $5.500M | $4.884M |
YoY Change | -2.1% | -15.25% |
Total Long-Term Liabilities | $5.500M | $4.884M |
YoY Change | -2.1% | -15.25% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $27.32M | $30.56M |
Total Long-Term Liabilities | $5.500M | $4.884M |
Total Liabilities | $32.83M | $35.45M |
YoY Change | 3.08% | 7.86% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$85.82M | -$84.90M |
YoY Change | 15.64% | 15.24% |
Common Stock | $8.894K | $8.894K |
YoY Change | 1.93% | -99.99% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $15.56M | $16.26M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $48.39M | $51.71M |
YoY Change | -16.85% | -13.47% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$921.1K | -$842.1K |
YoY Change | 70.3% | -93.88% |
Depreciation, Depletion And Amortization | $780.0K | $771.7K |
YoY Change | 186.55% | 181.56% |
Cash From Operating Activities | $820.0K | $3.510M |
YoY Change | -185.2% | 159.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $260.0K | $358.7K |
YoY Change | -128.5% | -130.74% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $330.0K | $143.1K |
YoY Change | ||
Cash From Investing Activities | $60.00K | -$215.5K |
YoY Change | -106.58% | -81.53% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -160.0K | -129.9K |
YoY Change | 6.98% | -13.27% |
NET CHANGE | ||
Cash From Operating Activities | 820.0K | 3.510M |
Cash From Investing Activities | 60.00K | -215.5K |
Cash From Financing Activities | -160.0K | -129.9K |
Net Change In Cash | 720.0K | 3.165M |
YoY Change | -135.57% | 8278.69% |
FREE CASH FLOW | ||
Cash From Operating Activities | $820.0K | $3.510M |
Capital Expenditures | $260.0K | $358.7K |
Free Cash Flow | $560.0K | $3.151M |
YoY Change | -1216.65% | 24.99% |
Facts In Submission
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
8950712 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
9277109 | usd |
CY2023Q2 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
13603405 | usd |
CY2022Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
10244101 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1104513 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
935978 | usd |
CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
|
31433743 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
27988052 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
888875 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
978218 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4386323 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4723899 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
6672593 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
7398160 | usd |
CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
5811578 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
5811578 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
88420 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
86909 | usd |
CY2023Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2424524 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2025845 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
51706056 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
49012661 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
13375808 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
12515081 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
13845293 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
11327269 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
2725898 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1704933 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
615783 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
596529 | usd |
CY2023Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
30562782 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
26143812 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4476849 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4745909 | usd |
CY2023Q2 | wyy |
Contingent Consideration
ContingentConsideration
|
6900 | usd |
CY2022Q4 | wyy |
Contingent Consideration
ContingentConsideration
|
6900 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
400280 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
364837 | usd |
CY2023Q2 | us-gaap |
Liabilities
Liabilities
|
35446811 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
31261458 | usd |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | usd |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
2045714 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8893220 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8725476 | shares |
CY2023Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
8894 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
8726 | usd |
CY2023Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
101425959 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
101194185 | usd |
CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-280582 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-350234 | usd |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-84895026 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-83101474 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16259245 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17751203 | usd |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
51706056 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
49012661 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-1793552 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3176568 | usd | |
us-gaap |
Depreciation
Depreciation
|
532557 | usd | |
us-gaap |
Depreciation
Depreciation
|
540361 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
34037 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1007555 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
235570 | usd | |
wyy |
Warrants Expense
WarrantsExpense
|
0 | usd | |
wyy |
Warrants Expense
WarrantsExpense
|
108000 | usd | |
wyy |
Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
|
0 | usd | |
wyy |
Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
|
-967000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
3211 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2158825 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3118288 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-85066 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-134346 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
532882 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
28272 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2197714 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1968727 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-154418 | usd | |
us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
1049118 | usd | |
us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
-312606 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-358000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1020975 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4179844 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
103014 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
214096 | usd | |
us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
1936687 | usd | |
us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
143116 | usd | |
us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-574812 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2150783 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
6493284 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
6493284 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
255436 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
297132 | usd | |
wyy |
Withholding Taxes Paid On Behalf Of Employees On Net Settled Restricted Stock Awards
WithholdingTaxesPaidOnBehalfOfEmployeesOnNetSettledRestrictedStockAwards
|
3628 | usd | |
wyy |
Withholding Taxes Paid On Behalf Of Employees On Net Settled Restricted Stock Awards
WithholdingTaxesPaidOnBehalfOfEmployeesOnNetSettledRestrictedStockAwards
|
49224 | usd | |
wyy |
Common Stock Repurchased
CommonStockRepurchased
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-259064 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1164567 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
57150 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-152389 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
244249 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
712105 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7530864 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6479980 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7775113 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7192085 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
115019 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
124854 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
27559 | usd | |
wyy |
Capitalized Hardware And Software Development Costs In Accounts Payable
CapitalizedHardwareAndSoftwareDevelopmentCostsInAccountsPayable
|
77873 | usd | |
wyy |
Capitalized Hardware And Software Development Costs In Accounts Payable
CapitalizedHardwareAndSoftwareDevelopmentCostsInAccountsPayable
|
151995 | usd | |
wyy |
Leased Assets And Lease Liabilities Terminated
LeasedAssetsAndLeaseLiabilitiesTerminated
|
0 | usd | |
wyy |
Leased Assets And Lease Liabilities Terminated
LeasedAssetsAndLeaseLiabilitiesTerminated
|
876281 | usd | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41675995 | usd |
CY2022Q1 | wyy |
Common Stock Repurchased Shares
CommonStockRepurchasedShares
|
-818211 | usd |
CY2022Q1 | wyy |
Issuance Of Common Stock Restricted Amount
IssuanceOfCommonStockRestrictedAmount
|
-49224 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
108000 | usd |
CY2022Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
179741 | usd |
CY2022Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-4835 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-392897 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
40698569 | usd |
CY2022Q2 | wyy |
Issuance Of Common Stock Restricted Amount
IssuanceOfCommonStockRestrictedAmount
|
0 | usd |
CY2022Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
89385 | usd |
CY2022Q2 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-134854 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13759209 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
26893891 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17751203 | usd |
CY2023Q1 | wyy |
Issuance Of Common Stock Restricted Amount
IssuanceOfCommonStockRestrictedAmount
|
-3628 | usd |
CY2023Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
140116 | usd |
CY2023Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
37248 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-951479 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16973460 | usd |
CY2023Q2 | wyy |
Issuance Of Common Stock Restricted Amount
IssuanceOfCommonStockRestrictedAmount
|
0 | usd |
CY2023Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
95454 | usd |
CY2023Q2 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
32404 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-842073 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16259245 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring use of estimates and judgment relate to revenue recognition, allowance for credit losses, ability to realize intangible assets and goodwill, ability to realize deferred income tax assets, fair value of certain financial instruments and the evaluation of contingencies and litigation. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates. There were no significant changes in accounting estimates used by management during the quarter.</p> | ||
wyy |
Significant Accounting Policies
SignificantAccountingPolicies
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">There were no significant changes in the Company’s significant accounting policies during the first six months of 2023 from those disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the SEC on March 31, 2023.</p> | ||
CY2023Q2 | wyy |
Contingent Consideration Cash Settled
ContingentConsiderationCashSettled
|
6500 | usd |
CY2023Q2 | wyy |
Other Accrued Expenses
OtherAccruedExpenses
|
107862 | usd |
CY2022Q1 | wyy |
Other Accrued Expenses
OtherAccruedExpenses
|
81662 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
13845293 | usd |
CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
5811578 | usd |
CY2023Q2 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
239500 | usd |
us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
692800 | usd | |
CY2022Q2 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
1100000 | usd |
us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
1900000 | usd | |
CY2023Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
506500 | usd |
CY2022Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
305900 | usd |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1007600 | usd | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
592500 | usd | |
wyy |
Net Paid Percentage
NetPaidPercentage
|
0.90 | pure | |
CY2023Q2 | wyy |
Receivable Sold
ReceivableSold
|
1580000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Fees Received
ProceedsFromFeesReceived
|
1560000 | usd |
CY2023Q2 | wyy |
Outstanding Payment Balance
OutstandingPaymentBalance
|
4000000 | usd |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.05 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.03 | pure | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.19 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.19 | pure | |
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
23800000000 | usd | |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2023Q2 | wyy |
Common Stock Par Value
CommonStockParValue
|
0.001 | |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8893220 | shares |
CY2023Q2 | wyy |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
5.33 | |
CY2019Q4 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
2500000 | shares |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
56300 | shares | |
CY2023Q2 | wyy |
Unrecognized Share Based Expense
UnrecognizedShareBasedExpense
|
44900 | usd |
us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P0Y10M24D | ||
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-842073 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13759209 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1793552 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-14152106 | usd | |
CY2023Q2 | wyy |
Weighted Average Number Of Common Shares Basic And Diluted
WeightedAverageNumberOfCommonSharesBasicAndDiluted
|
8794704 | shares |
CY2022Q2 | wyy |
Weighted Average Number Of Common Shares Basic And Diluted
WeightedAverageNumberOfCommonSharesBasicAndDiluted
|
8696111 | shares |
wyy |
Weighted Average Number Of Common Shares Basic And Diluted
WeightedAverageNumberOfCommonSharesBasicAndDiluted
|
8767163 | shares | |
wyy |
Weighted Average Number Of Common Shares Basic And Diluted
WeightedAverageNumberOfCommonSharesBasicAndDiluted
|
8739043 | shares | |
CY2023Q2 | wyy |
Basic And Diluted Loss Per Shares
BasicAndDilutedLossPerShares
|
-0.10 | |
CY2022Q2 | wyy |
Basic And Diluted Loss Per Shares
BasicAndDilutedLossPerShares
|
-1.58 | |
wyy |
Basic And Diluted Loss Per Shares
BasicAndDilutedLossPerShares
|
-0.20 | ||
wyy |
Basic And Diluted Loss Per Shares
BasicAndDilutedLossPerShares
|
-1.62 | ||
CY2023Q2 | us-gaap |
Stock Or Units Available For Distributions
StockOrUnitsAvailableForDistributions
|
28675 | shares |
CY2022Q2 | us-gaap |
Stock Or Units Available For Distributions
StockOrUnitsAvailableForDistributions
|
7124 | shares |
CY2023Q2 | wyy |
Warrantsto Purchasec Cmmon Shares Outstanding
WarrantstoPurchasecCmmonSharesOutstanding
|
150000 | shares |
CY2022Q2 | wyy |
Warrantsto Purchasec Cmmon Shares Outstanding
WarrantstoPurchasecCmmonSharesOutstanding
|
150000 | shares |
us-gaap |
Stock Or Units Available For Distributions
StockOrUnitsAvailableForDistributions
|
31774 | shares | |
us-gaap |
Stock Or Units Available For Distributions
StockOrUnitsAvailableForDistributions
|
30402 | shares | |
wyy |
Warrantsto Purchasec Cmmon Shares Outstanding
WarrantstoPurchasecCmmonSharesOutstanding
|
150000 | shares | |
wyy |
Warrantsto Purchasec Cmmon Shares Outstanding
WarrantstoPurchasecCmmonSharesOutstanding
|
150000 | shares | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
26762857 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
23057354 | usd |
us-gaap |
Revenues
Revenues
|
52036538 | usd | |
us-gaap |
Revenues
Revenues
|
45493781 | usd | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
26762857 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
23057354 | usd |
us-gaap |
Revenues
Revenues
|
52036538 | usd | |
us-gaap |
Revenues
Revenues
|
45493781 | usd | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
26762857 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
23057354 | usd |
us-gaap |
Revenues
Revenues
|
52036538 | usd | |
us-gaap |
Revenues
Revenues
|
45493781 | usd | |
CY2023Q2 | wyy |
Revenue Related Approximately
RevenueRelatedApproximately
|
534200 | usd |
CY2022Q2 | wyy |
Revenue Related Approximately
RevenueRelatedApproximately
|
580100 | usd |
wyy |
Revenue Related Approximately
RevenueRelatedApproximately
|
1243600 | usd | |
wyy |
Revenue Related Approximately
RevenueRelatedApproximately
|
1660000 | usd |