Wytec International INC

Market Movers (8-K)

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Wytec International has amended $540,000 in convertible notes to extend maturity dates to December 31, 2026, and waive existing defaults.
Worse than expected
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Wytec International amends a $625,000 promissory note, waiving default and extending maturity, in exchange for issuing 124,000 warrants to a director.
Capital raise
Worse than expected
Delay expected
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Wytec International provides an update on a cybersecurity incident, confirming system restoration and ongoing minor operational impacts.
Worse than expected
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Wytec International, Inc. extended the expiration dates of warrants held by CEO William H. Gray and Director of Operations Erica Perez until December 31, 2026.
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Wytec International Inc. has entered into two new promissory note agreements totaling $140,250 in principal, raising $122,000 in cash but incurring significant discounts, interest, and restrictive terms.
Capital raise
Worse than expected
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Wytec International, Inc. announced a change in its independent registered public accounting firm from Horne LLP to BDO USA, P.C., effective November 1, 2025.

Quarterly Earnings (10-Q)

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Wytec International reports significant revenue declines and mounting losses, raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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Wytec International, Inc. reported a significant revenue decline and increased liabilities, raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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Wytec International's Q1 2025 results reveal a decrease in revenue and a continued net loss, highlighting the company's reliance on financing activities to sustain operations.
Capital raise
Worse than expected
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Wytec International's Q3 2024 results reveal a decrease in revenue compared to the same period last year, as the company continues to focus on securing additional funding and developing its 5G network technology.
Worse than expected
Capital raise
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Wytec International's Q2 2024 results show a slight revenue increase but continued losses and concerns about its ability to continue as a going concern.
Worse than expected
Capital raise
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Wytec International's Q1 2024 revenue decreased while operating expenses significantly increased, leading to a larger net loss compared to Q1 2023.
Worse than expected
Capital raise

Annual Reports (10-K)

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Wytec International, Inc. filed an amendment to its 2024 Annual Report on Form 10-K to correct an omission in the auditor's report and include updated certifications, while the auditor's opinion highlights substantial doubt about the company's ability to continue as a going concern.
Worse than expected
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Wytec International's 2024 10-K filing reveals a year of strategic shifts towards 5G network deployments and smart sensor technology, amidst ongoing financial challenges.
Worse than expected
Capital raise
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Wytec International's 2023 10-K filing details its focus on small cell technology, in-building cellular solutions, and expansion into public safety with integrated gunshot detection.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

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WYTEC International Director and 10% owner Issam Khoury has filed a Form 4 detailing planned future acquisitions of common stock totaling 11,250 shares.
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Wytec International Inc. Director Christopher Naul Sr. acquired 3,750 common shares, increasing his direct beneficial ownership.
Better than expected
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WYTEC International Director Erica Perez acquired 3,750 common shares at $5 each, increasing her beneficial ownership to 66,694 shares.
Better than expected
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Wytec International CEO acquires 5,350 common shares.
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Wytec International Inc. Director and 10% owner Christopher Stuart Naul Sr. reported multiple acquisitions of common stock, increasing his beneficial ownership.
Better than expected
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Erica Renee Perez, a Director at Wytec International Inc., acquired additional common shares in two separate transactions.
Better than expected