secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001654954-25-006009
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint Q1 net loss $724K; revenue $34.2M; adj EBITDA $92K
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- Net loss of $724K ($0.08 loss per share); revenue $34.2M, slight increase YoY.
- Adjusted EBITDA of $92,400 marks 31st consecutive positive quarter.
- Free cash flow of $65,700 for 6th straight positive quarter.
- Contract backlog $268M; Q1 awards $27.6M including $2.5M DoD task order.
- Unrestricted cash $3.7M with no bank debt; FedRAMP authorized for ITMS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495425006009/0001654954-25-006009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495425006009/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-006009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer