---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-001686"
form_type: "8-K"
ticker: "WYY"
cik: "0001034760"
company_name: "WIDEPOINT CORP"
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T07:54:21.355867+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# WidePoint enters $4M revolving credit facility with Old Dominion, matures Feb 28, 2025

## Summary
- New $4M revolving line of credit replaces February 2024 agreement with same terms.
- Borrowing base is lesser of $4M or 80% of eligible accounts receivable.
- Interest rate equals Prime Rate with a 7.25% floor; monthly interest payments.
- Covenants: minimum tangible net worth $2M, minimum annual EBITDA $1M, current ratio >=1.0.
- Maturity date is February 28, 2025—only 10 days after signing.

## SEC filing metadata
- accession: 0001654954-25-001686
- form_type: 8-K
- ticker: WYY
- cik: 0001034760
- company_name: WIDEPOINT CORP
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034760/000165495425001686/0001654954-25-001686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034760/000165495425001686/wyy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-001686
- JSON: https://secwatch.observer/filing/0001654954-25-001686.json
- Plain text: https://secwatch.observer/filing/0001654954-25-001686.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.