UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 11250 Waples Mill Road, South Tower 210, Fairfax, Virginia (Address of principal executive of ices) (Zip Code) (703) 349-2577 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...

WidePoint Corporation (NYSE:WYY) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Jin Kang - President and CEO Robert George - CFO Jason Holloway - EVP and Chief Sales & Marketing Officer Conference Call Participants Barry Sine - Spartan Capital Securities Operator Good afternoon. Welcome to WidePoint’s Second Quarter 2022 Earnings Conference Call. My name is Mathew and l will be your operator for today’s call. Joining us for today’s presentation are WidePoint’s President and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) Delaware 52-2040 ...

WidePoint Corporation (NYSE:WYY) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Jin Kang – President and Chief Executive Officer Robert George – Chief Financial Officer Jason Holloway – Executive Vice President and Chief Sales & Marketing Officer Conference Call Participants Barry Sine – Spartan Capital Securities Operator Good afternoon. Welcome to WidePoint's First Quarter 2022 Earnings Conference Call. My name is Holly and l will be your operator for today's call. Joining u ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) Delaware 52-2040275 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO S ...

WidePoint Corporation (NYSE:WYY) Q4 2021 Earnings Conference Call March 28, 2022 4:30 PM ET Company Participants Jin Kang - Chief Executive Officer and President Jason Holloway - EVP, Chief Sales & Marketing Officer and President of WidePoint Cybersecurity Solutions Corporation Kellie Kim - Chief Financial Officer Conference Call Participants Barry Sine - Spartan Capital Operator Good afternoon. Welcome to WidePoint's Fourth Quarter 2021 Earnings Conference Call. My name is Katherine, and I will be your op ...

For the Fiscal Year Ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) (State or other juris ...

Financial Data and Key Metrics Changes - For Q3 2021, revenue was $22.3 million, down from $57.5 million in the same quarter last year, primarily due to the loss of carrier service revenues from the U.S. Department of Commerce contract [33] - For the nine months ended September 30, 2021, revenue decreased to $62.9 million from $152 million in the same period last year, driven by the wind-down of the Census project and lower accessory sales [34] - Gross profit for Q3 2021 was $3.7 million, a 35% decrease from $5.6 million in Q3 2020, while gross margin improved to 16.5% from 9.8% [35] - GAAP net income for Q3 2021 was $535,000 or $0.06 per diluted share, down from $1.1 million or $0.13 per diluted share in Q3 2020 [39] - Cash at the end of the quarter was $18.1 million, with a current ratio of approximately 1.6 compared to 1.2 at the end of 2020 [41] Business Line Data and Key Metrics Changes - The Identity Management, Managed Mobility Services, and Telecom Lifecycle Management secured over $16.8 million in contract awards, although results were partially impacted by unexpected events [21] - The company is enhancing its Identity Management Solution and investing in a new commercial certificate authority to increase capabilities in the commercial market [13] Market Data and Key Metrics Changes - The company is focusing on K-12 educational institutions and the beverage production vertical, recognizing significant opportunities due to increased cybersecurity needs [22][25] - The acquisition of IT Authorities (ITA) is expected to strengthen the company's position in various growth markets and enhance its customer base [10] Company Strategy and Development Direction - The company aims to continue its strategy for profitable growth through both organic and inorganic means, with a focus on acquiring stable and profitable companies [46][47] - The management is cautious about the current acquisition environment, noting that many companies are demanding high multiples [46] Management's Comments on Operating Environment and Future Outlook - The management acknowledged macroeconomic headwinds, including supply chain disruptions and federal budget uncertainties, which have delayed several opportunities [7][8] - Despite challenges, the management remains optimistic about future growth and the ability to capitalize on near-term opportunities [52] Other Important Information - The company has initiated a share repurchase program, increasing the amount available for future purchases to $4.6 million [48] - CFO Kellie Kim announced her retirement, effective early next year, and will assist as a consultant post-retirement [43][51] Q&A Session Summary Question: How did the ITA acquisition affect your EBITDA? - ITA was acquired on October 1, so the financial results do not reflect any contribution from ITA for Q3, but a small contribution is expected in Q4 [54] Question: Do you intend to make additional acquisitions? - The company is focused on finding quality companies that are immediately accretive and is currently reviewing various acquisition opportunities [55] Question: What are the sizes of opportunities in new vertical markets? - The K-12 sector represents a large opportunity due to its status as a major employer, and the beverage industry also presents significant potential [56][60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) Delaware 52 ...

Financial Data and Key Metrics Changes - The company's revenue for Q2 2021 was $20 million, a significant decline from $54.8 million in the same quarter last year, primarily due to reduced carrier services revenue related to the wind-down of the census project [28][29] - Managed services revenue decreased to $8.1 million from $9.8 million in Q2 2020, representing an 18% decrease, but grew 5% year-over-year when excluding the census project [30][31] - Gross margin improved to 20% in Q2 2021 from 9% in the same period last year, attributed to a shift in revenue mix away from lower-margin carrier services [32] Business Line Data and Key Metrics Changes - Carrier services revenue decreased to $11.9 million from $44.9 million in Q2 2020, while managed services revenue for the six months ended June 30, 2021, decreased to $17.4 million from $21.4 million in the same period last year [29][30] - Excluding the census project and timing issues, managed services revenue for the six months ended June 30, 2021, grew 9% compared to the same period last year [31] Market Data and Key Metrics Changes - The company secured over $36 million in identity management and managed services deals across 48 contractual actions, indicating strong demand in the government sector [18][19] - The company is focusing on expanding its footprint in the commercial enterprise space, leveraging partnerships with systems integrators to enhance sales opportunities [20][21] Company Strategy and Development Direction - The company aims to profitably grow by adding higher-margin sources of revenue through both organic growth and strategic acquisitions [37][38] - Investments are being made in technology upgrades, including improvements to identity management systems and continuity of operations infrastructure to enhance service resilience [7][10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding future sales activities as the company transitions back to normalcy post-pandemic, while also acknowledging the challenges posed by ongoing supply chain issues [25][41] - The company is committed to diversifying revenue streams and improving profitability, with a focus on higher-margin services [41][42] Other Important Information - The company received R2 certification for responsible recycling, which is expected to accelerate the adoption of device recycling services and contribute to top-line growth [14][15] - The company exited the quarter with $14.9 million in cash and a current ratio of 1.6, indicating a strong balance sheet [35][36] Q&A Session Summary Question: Inquiry about human resources investments and sales cycle - Management confirmed ongoing investments in sales staff and marketing initiatives, noting that the sales cycle can vary significantly depending on the opportunity [48][50] Question: Clarification on revenue normalization and expectations - Management acknowledged the impact of carrier credits and delayed orders on revenue, confirming that the normalized revenue would be above $22 million for the quarter [56][57] Question: Guidance on revenue expectations for the second half of the year - Management reiterated guidance of $103 million for the full year, emphasizing a focus on higher-margin revenue and addressing the lumpiness in carrier services revenue [58][60]