WaveDancer Key Executives
This section highlights WaveDancer's key executives, including their titles and compensation details.
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WaveDancer Earnings
This section highlights WaveDancer's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
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WaveDancer, Inc. engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. It also offers secure supply chain management software solution; and software development, system modernizations, cloud-based solutions, and cybersecurity services. The company was formerly known as Information Analysis Incorporated and changed its name to WaveDancer, Inc. in December 2021. WaveDancer, Inc. was incorporated in 1979 and is headquartered in Fairfax, Virginia.
$3.17
Stock Price
$2.13M
Market Cap
42
Employees
Fairfax, VA
Location
Financial Statements
Access annual & quarterly financial statements for WaveDancer, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Revenue | $7.98M | $12.02M | $15.03M | $13.90M | $10.16M |
Cost of Revenue | $5.58M | $9.44M | $11.42M | $11.69M | $8.77M |
Gross Profit | $2.40M | $2.58M | $3.62M | $2.21M | $1.40M |
Gross Profit Ratio | 30.00% | 21.46% | 24.10% | 15.89% | 13.77% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $4.91M | $9.50M | $5.29M | $1.50M | $1.88M |
Selling and Marketing Expenses | $2.23K | $235.94K | $52.24K | $293.00K | $252.51K |
Selling General and Administrative Expenses | $4.91M | $9.73M | $5.29M | $1.80M | $2.13M |
Other Expenses | $10.60K | $1.44M | $201.03K | $1.00K | $10.54K |
Operating Expenses | $4.91M | $11.17M | $5.49M | $1.80M | $2.13M |
Cost and Expenses | $10.50M | $20.62M | $16.91M | $13.49M | $10.89M |
Interest Income | $- | $81.62K | $37.33K | $3.12K | $- |
Interest Expense | $103.26K | $81.62K | $37.33K | $3.12K | $- |
Depreciation and Amortization | $347.77K | $403.06K | $236.60K | $12.06K | $5.83K |
EBITDA | $-2.17M | $-4.13M | $-1.64M | $428.57K | $-721.95K |
EBITDA Ratio | -27.13% | -57.91% | -10.80% | 2.96% | -7.10% |
Operating Income | $-2.51M | $-8.59M | $-1.87M | $412.00K | $-727.79K |
Operating Income Ratio | -31.49% | -71.49% | -12.45% | 2.96% | -7.16% |
Total Other Income Expenses Net | $699.07K | $-1.40M | $-329.94K | $1.53K | $10.54K |
Income Before Tax | $-1.50M | $-18.85M | $-2.20M | $413.00K | $-717.25K |
Income Before Tax Ratio | -18.74% | -156.81% | -14.65% | 2.97% | -7.06% |
Income Tax Expense | $-42.59K | $-1.10M | $-1.07M | $-12.06K | $-166.03K |
Net Income | $-2.14M | $-17.75M | $-1.13M | $413.38K | $-717.25K |
Net Income Ratio | -26.75% | -147.68% | -7.53% | 2.97% | -7.06% |
EPS | $-1.10 | $-10.04 | $-0.90 | $0.37 | $-0.64 |
EPS Diluted | $-1.10 | $-10.04 | $-0.90 | $0.34 | $-0.64 |
Weighted Average Shares Outstanding | 1.95M | 1.77M | 1.26M | 1.12M | 1.12M |
Weighted Average Shares Outstanding Diluted | 1.95M | 1.77M | 1.26M | 1.20M | 1.12M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $10.00K | $1.92M | $1.83M | $1.97M | $2.02M | $2.16M | $2.40M | $2.31M | $4.32M | $3.00M | $2.58M | $4.30M | $4.73M | $3.42M | $3.10M | $3.92M | $4.82M | $2.06M | $2.10M | $3.18M |
Cost of Revenue | $1.22M | $1.27M | $1.28M | $1.32M | $1.32M | $1.50M | $1.61M | $1.82M | $3.39M | $2.62M | $1.92M | $3.32M | $3.78M | $2.40M | $2.17M | $3.31M | $4.43M | $1.78M | $1.76M | $2.80M |
Gross Profit | $-1.21M | $646.83K | $549.91K | $649.81K | $705.01K | $656.80K | $792.69K | $481.62K | $929.78K | $376.06K | $661.16K | $978.88K | $955.93K | $1.02M | $927.00K | $614.33K | $389.02K | $278.83K | $336.06K | $384.32K |
Gross Profit Ratio | -12109.10% | 33.80% | 30.10% | 33.00% | 34.80% | 30.40% | 33.00% | 20.90% | 21.50% | 12.60% | 25.60% | 22.80% | 20.20% | 29.80% | 29.91% | 15.66% | 8.07% | 13.52% | 16.01% | 12.08% |
Research and Development Expenses | $350.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $3.07M | $1.16M | $1.15M | $3.19M | $1.27M | $1.44M | $1.89M | $2.51M | $2.78M | $2.32M | $2.94M | $1.00M | $800.14K | $545.66K | $454.00K | $342.78K | $366.17K | $340.81K | $393.56K | $467.67K |
Selling and Marketing Expenses | $293.00K | $120 | $905 | $-2.02M | $-7.97K | $8.84K | $11.03K | $68.12K | $107.75K | $49.04K | $-176.66K | $23.02K | $19.06K | $134.59K | $114.00K | $56.64K | $57.30K | $65.62K | $83.36K | $98.39K |
Selling General and Administrative Expenses | $293.00K | $1.16M | $1.16M | $1.17M | $1.26M | $1.45M | $1.90M | $2.93M | $2.89M | $2.36M | $2.76M | $1.02M | $819.19K | $680.25K | $568.00K | $399.42K | $423.47K | $406.43K | $476.92K | $566.06K |
Other Expenses | $626.00K | $4.34K | $7.26K | $3.11K | $131 | $54.16K | $393.63K | $3.19K | $349.89K | $349.89K | $32.31K | $-11.26K | $-10.82K | $1.95K | $1.00K | $-204 | $-170 | $1.27K | $2.29K | $2.52K |
Operating Expenses | $1.27M | $1.16M | $1.16M | $1.17M | $1.32M | $1.50M | $2.29M | $2.93M | $3.24M | $2.71M | $2.96M | $1.02M | $819.19K | $680.25K | $568.00K | $399.42K | $423.47K | $406.43K | $476.92K | $566.06K |
Cost and Expenses | $1.27M | $2.43M | $2.44M | $2.48M | $2.64M | $3.01M | $3.90M | $4.75M | $6.63M | $5.33M | $4.89M | $4.34M | $4.60M | $3.08M | $2.74M | $3.71M | $4.85M | $2.19M | $2.24M | $3.36M |
Interest Income | $- | $- | $- | $- | $36.81K | $35.45K | $22.05K | $20.44K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $- | $10.74K | $12.27K | $18.73K | $36.81K | $35.45K | $22.05K | $20.44K | $19.82K | $19.32K | $37.33K | $50.51K | $93.58K | $1.46K | $1.10K | $- | $170 | $- | $- | $- |
Depreciation and Amortization | $- | $82.13K | $86.33K | $89.58K | $85.99K | $85.88K | $406.68K | $403.23K | $408.22K | $408.26K | $125.47K | $55.15K | $50.59K | $5.38K | $5.24K | $3.83K | $1.74K | $1.25K | $1.42K | $1.54K |
EBITDA | $-1.26M | $-673.97K | $-519.14K | $-41.63K | $579.24K | $-954.73K | $-9.12M | $-940.31K | $-1.50M | $-1.93M | $-2.57M | $-36.41K | $53.98K | $268.87K | $364.24K | $218.74K | $-32.71K | $-126.36K | $-139.44K | $-180.20K |
EBITDA Ratio | -12640.00% | -22.63% | -28.37% | -26.27% | -26.03% | -35.20% | -45.43% | -105.86% | -44.06% | -64.83% | -91.34% | 1.15% | 4.64% | 12.15% | 11.58% | 5.58% | -0.68% | -6.13% | -6.64% | -5.66% |
Operating Income | $-1.26M | $-515.60K | $-605.47K | $-516.85K | $493.12K | $-846.35K | $-1.50M | $-2.44M | $-2.31M | $-2.34M | $-2.87M | $-84.27K | $53.98K | $268.87K | $359.00K | $214.91K | $-34.45K | $-127.61K | $-140.85K | $-181.74K |
Operating Income Ratio | -12640.00% | -26.92% | -33.09% | -26.27% | 24.36% | -39.18% | -62.49% | -105.99% | -53.52% | -78.06% | -110.99% | -1.96% | 1.14% | 7.86% | 11.58% | 5.48% | -0.71% | -6.19% | -6.71% | -5.71% |
Total Other Income Expenses Net | $-881.93K | $-158.35K | $-206.45K | $366.91K | $-36.68K | $-143.73K | $-18.92K | $-2.31M | $-19.62K | $-1.13M | $-265.31K | $-11.26K | $-10.82K | $1.95K | $637 | $-203 | $-170 | $1.27K | $2.29K | $2.52K |
Income Before Tax | $-1.26M | $-673.95K | $-811.92K | $-149.93K | $456.44K | $-990.09K | $-9.55M | $-4.76M | $-1.74M | $-2.80M | $-2.42M | $-95.53K | $43.16K | $270.81K | $360.00K | $214.70K | $-34.62K | $-126.34K | $-138.57K | $-179.22K |
Income Before Tax Ratio | -12640.00% | -35.19% | -44.37% | -7.62% | 22.54% | -45.83% | -397.43% | -206.17% | -40.39% | -93.62% | -93.75% | -2.22% | 0.91% | 7.92% | 11.62% | 5.47% | -0.72% | -6.13% | -6.60% | -5.63% |
Income Tax Expense | $- | $4 | $-42.59K | $-89.58K | $221.65K | $359.87K | $-99.35K | $-54.59K | $-218.34K | $-726.01K | $-1.07M | $50.51K | $93.58K | $-1.95K | $-637 | $204 | $170 | $-1.27K | $-2.29K | $-2.52K |
Net Income | $-1.26M | $-673.95K | $-769.34K | $-149.93K | $234.78K | $-1.35M | $-9.45M | $-4.70M | $-1.53M | $-2.08M | $-1.35M | $-95.53K | $43.16K | $270.81K | $359.63K | $214.70K | $-34.62K | $-126.34K | $-138.57K | $-179.22K |
Net Income Ratio | -12640.00% | -35.19% | -42.04% | -7.62% | 11.60% | -62.49% | -393.29% | -203.81% | -35.33% | -69.38% | -52.28% | -2.22% | 0.91% | 7.92% | 11.60% | 5.47% | -0.72% | -6.13% | -6.60% | -5.63% |
EPS | $-0.63 | $-0.33 | $-0.39 | $-0.08 | $0.12 | $-0.70 | $-4.93 | $-2.56 | $-0.88 | $-1.20 | $-1.07 | $-0.08 | $0.04 | $0.24 | $0.32 | $0.19 | $-0.03 | $-0.11 | $-0.12 | $-0.16 |
EPS Diluted | $-0.63 | $-0.34 | $-0.39 | $-0.08 | $0.12 | $-0.70 | $-4.93 | $-2.56 | $-0.88 | $-1.20 | $-1.07 | $-0.08 | $0.03 | $0.22 | $0.30 | $0.18 | $-0.03 | $-0.11 | $-0.12 | $-0.16 |
Weighted Average Shares Outstanding | 2.01M | 2.01M | 1.98M | 1.94M | 1.93M | 1.92M | 1.92M | 1.84M | 1.74M | 1.73M | 1.26M | 1.26M | 1.20M | 1.13M | 1.13M | 1.12M | 1.12M | 1.12M | 1.12M | 1.12M |
Weighted Average Shares Outstanding Diluted | 2.01M | 2.01M | 1.98M | 1.94M | 1.95M | 1.92M | 1.92M | 1.84M | 1.74M | 1.73M | 1.26M | 1.26M | 1.27M | 1.23M | 1.22M | 1.18M | 1.12M | 1.12M | 1.12M | 1.12M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $682.00K | $731.08K | $4.93M | $1.86M | $1.04M |
Short Term Investments | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $682.00K | $731.08K | $4.93M | $1.86M | $1.04M |
Net Receivables | $1.12M | $1.63M | $1.66M | $1.44M | $668.71K |
Inventory | $1 | $246.17K | $227.02K | $1 | $474.40K |
Other Current Assets | $267.35K | $442.44K | $276.99K | $142.77K | $500.16K |
Total Current Assets | $1.98M | $2.80M | $6.87M | $3.44M | $2.21M |
Property Plant Equipment Net | $303.57K | $973.52K | $778.15K | $113.00K | $159.44K |
Goodwill | $1.13M | $1.13M | $7.59M | $- | $- |
Intangible Assets | $1.01M | $3.00M | $8.05M | $- | $- |
Goodwill and Intangible Assets | $2.13M | $4.13M | $15.63M | $- | $- |
Long Term Investments | $- | $-694.58K | $-1.17M | $210.69K | $- |
Tax Assets | $227.73K | $694.58K | $1.17M | $- | $- |
Other Non-Current Assets | $106.41K | $79.31K | $77.10K | $6.31K | $6.28K |
Total Non-Current Assets | $2.77M | $5.18M | $16.49M | $330.00K | $165.72K |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $4.75M | $7.98M | $23.36M | $3.77M | $2.37M |
Account Payables | $403.44K | $573.79K | $650.50K | $103.65K | $216.23K |
Short Term Debt | $826.56K | $831.68K | $384.26K | $138.60K | $207.91K |
Tax Payables | $3.45K | $3.10K | $- | $- | $- |
Deferred Revenue | $114.54K | $182.76K | $186.84K | $947.00K | $464.22K |
Other Current Liabilities | $750.31K | $2.30M | $760.26K | $614.19K | $173.75K |
Total Current Liabilities | $2.10M | $3.89M | $1.98M | $1.71M | $1.17M |
Long Term Debt | $273.30K | $607.56K | $1.01M | $356.99K | $91.19K |
Deferred Revenue Non-Current | $- | $-59.12K | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $243.91K | $59.12K | $1.17M | $- | $- |
Other Non-Current Liabilities | $-120.47K | $-303.78K | $1.76M | $- | $-45.59K |
Total Non-Current Liabilities | $380.56K | $362.90K | $3.94M | $450.00K | $45.59K |
Other Liabilities | $1 | $- | $- | $- | $- |
Total Liabilities | $2.48M | $4.25M | $5.92M | $2.16M | $1.21M |
Preferred Stock | $0 | $0 | $- | $- | $0 |
Common Stock | $2.18K | $20.84K | $18.88K | $129.00K | $128.54K |
Retained Earnings | $-33.23M | $-31.19M | $-13.44M | $-12.31M | $-12.72M |
Accumulated Other Comprehensive Income Loss | $-0 | $-0 | $0 | $0 | $-0 |
Other Total Stockholders Equity | $35.49M | $34.92M | $30.86M | $13.79M | $13.75M |
Total Stockholders Equity | $2.27M | $3.73M | $17.44M | $1.61M | $1.16M |
Total Equity | $2.27M | $3.73M | $17.44M | $1.61M | $1.16M |
Total Liabilities and Stockholders Equity | $4.75M | $7.98M | $23.36M | $3.77M | $2.37M |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $4.75M | $7.98M | $23.36M | $3.77M | $2.37M |
Total Investments | $- | $-694.58K | $-1.17M | $210.69K | $- |
Total Debt | $799.93K | $932.12K | $699.25K | $495.00K | $149.55K |
Net Debt | $117.94K | $201.04K | $-4.23M | $-1.36M | $-889.89K |
Balance Sheet Charts
Breakdown | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $358.00K | $563.32K | $682.00K | $877.20K | $338.30K | $814.72K | $731.08K | $1.52M | $578.98K | $3.00M | $4.93M | $3.68M | $1.53M | $3.02M | $1.86M | $1.47M | $961.17K | $751.05K | $1.04M | $1.09M |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $358.00K | $563.32K | $682.00K | $877.20K | $338.30K | $814.72K | $731.08K | $1.52M | $578.98K | $3.00M | $4.93M | $3.68M | $1.53M | $3.02M | $1.86M | $1.47M | $961.17K | $751.05K | $1.04M | $1.09M |
Net Receivables | $83.00K | $776.02K | $1.12M | $1.48M | $1.73M | $1.63M | $1.63M | $1.53M | $3.58M | $1.67M | $1.66M | $2.87M | $2.57M | $1.19M | $1.44M | $1.60M | $967.89K | $594.92K | $668.71K | $1.89M |
Inventory | $- | $- | $1 | $1 | $- | $- | $246.17K | $- | $1 | $1 | $227.02K | $283.57K | $1 | $- | $1 | $- | $-0 | $1 | $474.40K | $- |
Other Current Assets | $63.00K | $220.59K | $267.35K | $363.67K | $525.85K | $826.80K | $442.44K | $604.89K | $596.36K | $917.44K | $276.99K | $572.69K | $138.69K | $106.29K | $142.77K | $38.57K | $88.17K | $291.46K | $500.16K | $595.24K |
Total Current Assets | $504.00K | $1.50M | $1.98M | $2.72M | $2.60M | $3.28M | $2.80M | $3.36M | $4.46M | $5.13M | $6.87M | $6.85M | $4.25M | $4.31M | $3.44M | $3.11M | $2.02M | $1.64M | $2.21M | $3.58M |
Property Plant Equipment Net | $70.39K | $99.78K | $303.57K | $345.83K | $391.35K | $433.28K | $973.52K | $842.18K | $692.49K | $731.55K | $778.15K | $380.63K | $370.12K | $87.31K | $113.00K | $138.03K | $116.78K | $134.13K | $159.44K | $183.55K |
Goodwill | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $1.13M | $5.33M | $7.59M | $7.59M | $7.59M | $785.00K | $785.00K | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $634.00K | $961.48K | $1.01M | $1.05M | $1.09M | $1.14M | $3.00M | $7.00M | $7.35M | $7.70M | $8.05M | $1.40M | $2.23M | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $634.00K | $2.09M | $2.13M | $2.17M | $2.22M | $2.26M | $4.13M | $12.33M | $14.93M | $15.28M | $15.63M | $2.19M | $2.23M | $- | $- | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $335.48K | $557.13K | $-694.58K | $- | $- | $-441.50K | $-1.07M | $- | $- | $342.63K | $- | $- | $- | $- | $- | $- |
Tax Assets | $- | $- | $227.73K | $- | $682.00K | $- | $694.58K | $- | $223.16K | $441.50K | $1.07M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Assets | $-10.39K | $77.08K | $106.41K | $20.62K | $20.62K | $761.30K | $79.31K | $79.31K | $-146.06K | $77.10K | $77.10K | $5.71K | $5.71K | $- | $217.00K | $95.69K | $20.20K | $6.28K | $6.28K | $6.28K |
Total Non-Current Assets | $694.00K | $2.26M | $2.77M | $2.54M | $3.65M | $4.01M | $5.18M | $13.25M | $15.70M | $16.09M | $16.49M | $2.57M | $2.61M | $429.94K | $330.00K | $233.72K | $136.98K | $140.41K | $165.72K | $189.83K |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $1.20M | $3.76M | $4.75M | $5.26M | $6.25M | $7.29M | $7.98M | $16.61M | $20.16M | $21.22M | $23.36M | $9.42M | $6.85M | $4.74M | $3.77M | $3.34M | $2.15M | $1.78M | $2.37M | $3.77M |
Account Payables | $759.23K | $662.32K | $403.44K | $495.89K | $839.71K | $513.65K | $573.79K | $227.56K | $1.55M | $302.32K | $650.50K | $926.64K | $747.94K | $192.21K | $103.65K | $533.27K | $175.64K | $24.35K | $216.23K | $1.17M |
Short Term Debt | $339.61K | $657.56K | $826.56K | $812.77K | $1.40M | $1.49M | $628.34K | $406.68K | $399.11K | $384.26K | $384.26K | $1.27M | $1.29M | $685.73K | $138.60K | $109.61K | $247.96K | $106.20K | $103.95K | $101.74K |
Tax Payables | $3.45K | $3.45K | $3.45K | $3.10K | $3.10K | $3.10K | $3.10K | $-95.53K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $-1.10M | $85.03K | $114.54K | $26.03K | $72.00K | $127.09K | $182.76K | $37.69K | $165.84K | $149.69K | $186.84K | $78.05K | $105.88K | $455.50K | $947.00K | $331.65K | $64.34K | $270.79K | $464.22K | $486.36K |
Other Current Liabilities | $1.31M | $552.88K | $750.31K | $845.48K | $1.06M | $2.48M | $2.50M | $1.30M | $1.14M | $1.29M | $760.26K | $805.13K | $907.46K | $673.88K | $614.19K | $731.21K | $363.05K | $321.66K | $381.67K | $631.66K |
Total Current Liabilities | $2.41M | $2.04M | $2.10M | $2.18M | $3.38M | $4.61M | $3.89M | $2.08M | $3.45M | $2.32M | $1.98M | $3.12M | $3.07M | $2.03M | $1.71M | $1.71M | $850.99K | $723.00K | $1.17M | $2.39M |
Long Term Debt | $- | $- | $273.30K | $269.58K | $381.49K | $491.48K | $303.78K | $706.97K | $811.53K | $921.01K | $1.01M | $661.00K | $935.44K | $301.00K | $356.99K | $412.84K | $301.00K | $36.73K | $91.19K | $144.92K |
Deferred Revenue Non-Current | $- | $- | $- | $-59.12K | $-59.12K | $-59.12K | $-59.12K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $16.19K | $16.19K | $243.91K | $59.12K | $59.12K | $59.12K | $59.12K | $154.25K | $223.16K | $441.50K | $1.17M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $- | $- | $-120.47K | $-134.79K | $-190.75K | $-245.74K | $- | $1.04M | $968.37K | $1.84M | $1.76M | $- | $- | $- | $- | $- | $- | $-18.36K | $-45.59K | $-72.46K |
Total Non-Current Liabilities | $16.19K | $16.19K | $380.56K | $193.91K | $249.87K | $304.86K | $362.90K | $1.90M | $2.00M | $3.20M | $3.94M | $661.00K | $935.44K | $301.00K | $450.00K | $412.84K | $301.00K | $18.36K | $45.59K | $72.46K |
Other Liabilities | $-16.19K | $1 | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $2.41M | $2.06M | $2.48M | $2.38M | $3.63M | $4.92M | $4.25M | $3.98M | $5.45M | $5.52M | $5.92M | $3.78M | $4.01M | $2.33M | $2.16M | $2.12M | $1.15M | $741.36K | $1.21M | $2.47M |
Preferred Stock | $- | $- | $0 | $0 | $- | $- | $0 | $0 | $- | $0 | $- | $- | $- | $- | $- | $0 | $- | $- | $0 | $0 |
Common Stock | $73 | $2.18K | $2.18K | $2.15K | $20.93K | $20.93K | $20.84K | $20.81K | $19.04K | $18.99K | $18.88K | $151.53K | $136.88K | $132.60K | $129.00K | $128.54K | $128.54K | $128.54K | $128.54K | $128.54K |
Retained Earnings | $-79.01M | $-33.90M | $-33.23M | $-32.46M | $-32.31M | $-32.54M | $-31.19M | $-21.74M | $-17.04M | $-15.52M | $-13.44M | $-12.09M | $-11.99M | $-12.03M | $-12.31M | $-12.67M | $-12.88M | $-12.85M | $-12.72M | $-12.58M |
Accumulated Other Comprehensive Income Loss | $- | $-0 | $-0 | $-0 | $0 | $0 | $-0 | $-0 | $0 | $-0 | $0 | $0 | $0 | $0 | $0 | $-0 | $0 | $0 | $-0 | $-0 |
Other Total Stockholders Equity | $77.79M | $35.61M | $35.49M | $35.34M | $34.90M | $34.89M | $34.90M | $34.35M | $31.74M | $31.20M | $30.86M | $17.58M | $14.70M | $14.31M | $13.79M | $13.76M | $13.75M | $13.75M | $13.75M | $13.75M |
Total Stockholders Equity | $-1.22M | $1.71M | $2.27M | $2.88M | $2.62M | $2.37M | $3.73M | $12.63M | $14.71M | $15.70M | $17.44M | $5.64M | $2.85M | $2.41M | $1.61M | $1.22M | $1.00M | $1.04M | $1.16M | $1.30M |
Total Equity | $-1.22M | $1.71M | $2.27M | $2.88M | $2.62M | $2.37M | $3.73M | $12.63M | $14.71M | $15.70M | $17.44M | $5.64M | $2.85M | $2.41M | $1.61M | $1.22M | $1.00M | $1.04M | $1.16M | $1.30M |
Total Liabilities and Stockholders Equity | $1.20M | $3.76M | $4.75M | $5.26M | $6.25M | $7.29M | $7.98M | $16.61M | $20.16M | $21.22M | $23.36M | $9.42M | $6.85M | $4.74M | $3.77M | $3.34M | $2.15M | $1.78M | $2.37M | $3.77M |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $1.20M | $3.76M | $4.75M | $5.26M | $6.25M | $7.29M | $7.98M | $16.61M | $20.16M | $21.22M | $23.36M | $9.42M | $6.85M | $4.74M | $3.77M | $3.34M | $2.15M | $1.78M | $2.37M | $3.77M |
Total Investments | $- | $- | $- | $- | $335.48K | $557.13K | $-694.58K | $- | $- | $-441.50K | $-1.07M | $- | $- | $342.63K | $- | $- | $- | $- | $- | $- |
Total Debt | $339.61K | $578.78K | $799.93K | $947.56K | $1.59M | $1.73M | $932.12K | $556.83K | $605.32K | $652.63K | $699.25K | $1.90M | $2.21M | $968.36K | $495.00K | $522.46K | $548.96K | $124.56K | $149.55K | $174.20K |
Net Debt | $-18.39K | $15.45K | $117.94K | $70.36K | $1.25M | $918.27K | $201.04K | $-964.82K | $26.33K | $-2.35M | $-4.23M | $-1.79M | $678.12K | $-2.05M | $-1.36M | $-946.91K | $-412.22K | $-626.49K | $-889.89K | $-919.61K |
Annual Cash Flow
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Net Income | $-1.70M | $-17.75M | $-1.13M | $413.38K | $-717.25K |
Depreciation and Amortization | $347.77K | $1.63M | $236.60K | $12.06K | $5.83K |
Deferred Income Tax | $-42.93K | $-1.11M | $-1.07M | $-1.15M | $- |
Stock Based Compensation | $710.55K | $1.28M | $1.87M | $27.63K | $6.03K |
Change in Working Capital | $113.69K | $-119.23K | $-188.21K | $-29.80K | $-211.85K |
Accounts Receivables | $511.70K | $35.30K | $388.84K | $-773.52K | $-15.96K |
Inventory | $1 | $- | $294.80K | $373.63K | $-532.50K |
Accounts Payables | $-170.35K | $-76.71K | $-111.80K | $-112.58K | $190.93K |
Other Working Capital | $-227.66K | $-77.83K | $-760.05K | $482.66K | $145.67K |
Other Non Cash Items | $-2.25M | $9.37M | $-450.00K | $1.15M | $90 |
Net Cash Provided by Operating Activities | $-2.81M | $-6.01M | $-735.01K | $423.26K | $-917.15K |
Investments in Property Plant and Equipment | $- | $-535.90K | $-69.75K | $-64.55K | $-8.37K |
Acquisitions Net | $935.97K | $- | $-9.51M | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $1.40M | $- | $- | $- | $- |
Other Investing Activities | $1.40M | $-535.90K | $-2.30M | $-64.55K | $-8.37K |
Net Cash Used for Investing Activities | $2.34M | $-535.90K | $-9.58M | $-64.55K | $-8.37K |
Debt Repayment | $75.00K | $425.00K | $- | $450.00K | $- |
Common Stock Issued | $347.11K | $1.89M | $13.29M | $10.00K | $1.00K |
Common Stock Repurchased | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $7.40K | $37.64K | $95.79K | $10.00K | $1.00K |
Net Cash Used Provided by Financing Activities | $429.51K | $2.35M | $13.39M | $460.00K | $1.00K |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $-49.09K | $-4.20M | $3.07M | $818.72K | $-924.51K |
Cash at End of Period | $682.00K | $731.08K | $4.93M | $1.86M | $1.04M |
Cash at Beginning of Period | $731.08K | $4.93M | $1.86M | $1.04M | $1.96M |
Operating Cash Flow | $-2.81M | $-6.01M | $-735.01K | $423.26K | $-917.15K |
Capital Expenditure | $- | $-535.90K | $-69.75K | $-64.55K | $-8.37K |
Free Cash Flow | $-2.81M | $-6.55M | $-804.77K | $358.72K | $-925.51K |
Cash Flow Charts
Breakdown | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 | September 30, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $- | $-673.95K | $-769.34K | $-149.93K | $234.78K | $-1.35M | $-9.45M | $-4.70M | $-1.53M | $-2.08M | $-1.35M | $-95.53K | $43.16K | $270.81K | $359.63K | $214.70K | $-34.62K | $-126.34K | $-138.57K | $-179.22K |
Depreciation and Amortization | $4.00K | $82.13K | $86.33K | $89.58K | $85.99K | $85.88K | $406.68K | $403.23K | $408.22K | $408.26K | $125.47K | $55.15K | $50.59K | $5.38K | $5.24K | $3.83K | $1.74K | $1.25K | $1.42K | $1.54K |
Deferred Income Tax | $- | $- | $-42.93K | $-145.06K | $221.65K | $- | $-95.13K | $-68.91K | $-218.34K | $-726.01K | $-1.07M | $- | $- | $- | $29.80K | $- | $- | $- | $- | $- |
Stock Based Compensation | $- | $113.78K | $153.40K | $180.82K | $88.16K | $288.17K | $512.09K | $598.65K | $358.94K | $229.97K | $1.65M | $80.88K | $111.86K | $27.71K | $20.46K | $6.37K | $356 | $450 | $510 | $585 |
Change in Working Capital | $- | $365.79K | $471.41K | $-297.84K | $415.81K | $-475.69K | $-276.89K | $733.40K | $-680.56K | $104.82K | $787.63K | $-350.19K | $-484.58K | $-141.06K | $-637 | $333.14K | $-198.55K | $-163.75K | $83.22K | $-263.66K |
Accounts Receivables | $- | $341.84K | $361.92K | $255.16K | $-100.97K | $-4.41K | $-97.39K | $2.05M | $-1.91M | $-7.21K | $1.21M | $-777.13K | $-300.09K | $256.27K | $158.00K | $-632.34K | $-372.96K | $73.79K | $721.26K | $-699.75K |
Inventory | $- | $- | $-82.60K | $-163.21K | $245.81K | $- | $- | $- | $- | $- | $89.25K | $306.29K | $-106.22K | $5.49K | $-344.24K | $326.62K | $243.48K | $147.77K | $342.83K | $-954.34K |
Accounts Payables | $- | $258.88K | $-92.45K | $-343.82K | $326.06K | $-60.14K | $346.23K | $-1.32M | $1.24M | $-348.18K | $-620.21K | $148.50K | $271.34K | $88.57K | $-429.63K | $357.63K | $151.29K | $-191.88K | $-958.74K | $982.33K |
Other Working Capital | $- | $-234.92K | $201.94K | $-45.98K | $-55.09K | $-411.14K | $-525.73K | $1.82K | $-14.12K | $460.20K | $108.79K | $-27.84K | $-349.61K | $-491.39K | $615.24K | $281.22K | $-220.37K | $-193.43K | $-22.14K | $408.09K |
Other Non Cash Items | $- | $-329.10K | $56.59K | $-237.46K | $-1.44M | $-312.76K | $7.99M | $2.27M | $-922.79K | $31.93K | $-450.00K | $819.82K | $241.79K | $-306.36K | $-29.80K | $624.94K | $-55.15K | $-385.31K | $90 | $913.93K |
Net Cash Provided by Operating Activities | $- | $-118.67K | $-101.13K | $-559.90K | $-389.18K | $-1.76M | $-913.73K | $-743.75K | $-2.41M | $-1.95M | $-309.20K | $-309.68K | $-278.98K | $162.85K | $384.70K | $558.04K | $-231.08K | $-288.40K | $-53.33K | $-440.76K |
Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $-301.84K | $-203.03K | $-19.26K | $-11.77K | $-13.74K | $-33.56K | $-17.84K | $-4.61K | $-5.91K | $-49.84K | $-8.80K | $- | $-1.03K | $-1.37K |
Acquisitions Net | $- | $- | $-935.97K | $- | $- | $935.97K | $- | $- | $- | $- | $-7.28M | $- | $-2.23M | $- | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $1.02M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $- | $- | $1.40M | $- | $935.97K | $-535.90K | $- | $- | $-11.77K | $-69.75K | $- | $-2.23M | $-4.61K | $-64.55K | $- | $- | $- | $-8.37K | $- |
Net Cash Used for Investing Activities | $- | $- | $81.50K | $1.40M | $- | $935.97K | $-301.84K | $-203.03K | $-19.26K | $-11.77K | $-7.29M | $-33.56K | $-2.25M | $-4.61K | $-5.91K | $-49.84K | $-8.80K | $- | $-1.03K | $-1.37K |
Debt Repayment | $- | $- | $-94.07K | $-592.04K | $-90.06K | $851.17K | $425.00K | $- | $- | $- | $-1.15M | $-318.52K | $968.97K | $500.00K | $- | $- | $450.00K | $- | $- | $- |
Common Stock Issued | $- | $- | $- | $290.84K | $2.81K | $53.45K | $- | $1.89M | $8.39K | $26.80K | $10.00M | $2.80M | $-1.45K | $496.00K | $10.00K | $- | $- | $- | $1.00K | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $-112.50K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $- | $- | $- | $- | $- | $7.40K | $- | $2.45K | $8.39K | $26.80K | $641 | $11.60K | $80.00K | $3.55K | $10.00K | $- | $- | $- | $- | $- |
Net Cash Used Provided by Financing Activities | $- | $- | $-94.07K | $-301.20K | $-87.25K | $912.03K | $425.00K | $1.89M | $8.39K | $26.80K | $8.85M | $2.49M | $1.05M | $999.55K | $10.00K | $- | $450.00K | $- | $1.00K | $- |
Effect of Forex Changes on Cash | $- | $- | $301.44K | $-301.44K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.00K | $- |
Net Change in Cash | $- | $-118.67K | $-195.20K | $538.90K | $-476.42K | $83.64K | $-790.57K | $942.67K | $-2.42M | $-1.93M | $1.25M | $2.15M | $-1.48M | $1.16M | $388.79K | $508.20K | $210.13K | $-288.40K | $-54.37K | $-442.12K |
Cash at End of Period | $- | $563.32K | $682.00K | $877.20K | $338.30K | $814.72K | $731.08K | $1.52M | $578.98K | $3.00M | $4.93M | $3.68M | $1.53M | $3.02M | $1.86M | $1.47M | $961.17K | $751.05K | $1.04M | $1.09M |
Cash at Beginning of Period | $- | $682.00K | $877.20K | $338.30K | $814.72K | $731.08K | $1.52M | $578.98K | $3.00M | $4.93M | $3.68M | $1.53M | $3.02M | $1.86M | $1.47M | $961.17K | $751.05K | $1.04M | $1.09M | $1.54M |
Operating Cash Flow | $- | $-118.67K | $-101.13K | $-559.90K | $-389.18K | $-1.76M | $-913.73K | $-743.75K | $-2.41M | $-1.95M | $-309.20K | $-309.68K | $-278.98K | $162.85K | $384.70K | $558.04K | $-231.08K | $-288.40K | $-53.33K | $-440.76K |
Capital Expenditure | $- | $- | $- | $- | $- | $- | $-301.84K | $-203.03K | $-19.26K | $-11.77K | $-13.74K | $-33.56K | $-17.84K | $-4.61K | $-5.91K | $-49.84K | $-8.80K | $- | $-1.03K | $-1.37K |
Free Cash Flow | $- | $-118.67K | $-101.13K | $-559.90K | $-389.18K | $-1.76M | $-1.22M | $-946.78K | $-2.43M | $-1.96M | $-322.95K | $-343.24K | $-296.82K | $158.23K | $378.79K | $508.20K | $-239.87K | $-288.40K | $-54.37K | $-442.12K |
WaveDancer Dividends
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Firefly Neuroscience, an AI-Driven Brain Health Company, Names Brian S. Posner to its Board of Directors, Upon Closing of Its Merger Transaction with WaveDancer
FAIRFAX, Va. and TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Firefly Neuroscience, Inc. (“Firefly”), a pioneering artificial intelligence (“AI”) company developing innovative neuroscientific solutions to improve outcomes for patients with mental illnesses and neurological disorders, today announced the appointment of Brian M. Posner to its Board of Directors upon closing of its planned merger with WaveDancer, Inc. (“WaveDancer”) (Nasdaq: WAVD). Firefly has entered into a definitive agreement and plan of merger (as amended, the “Merger Agreement”) with WaveDancer, which has been approved by the stockholders of both companies and both companies are working towards meeting the final closing conditions.

Firefly Neuroscience, an AI-Driven Brain Health Company, Appoints Healthcare-Industry Executive, David Johnson as Executive Chairman, Upon Closing of Its Merger Transaction with WaveDancer
FAIRFAX, Va. And TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Firefly Neuroscience, Inc. (“Firefly”), a pioneering artificial intelligence (“AI”) company developing innovative neuroscientific solutions to improve outcomes for patients with mental illnesses and neurological disorders, today announced the appointment of David Johnson as its Executive Chairman upon closing of its planned merger with WaveDancer, Inc. (“WaveDancer”) (NASDAQ: WAVD). Firefly has entered into a definitive agreement and plan of merger (as amended, the “Merger Agreement”) with WaveDancer, which has been approved by the stockholders of both companies and both companies are working towards meeting the final closing conditions.

WaveDancer and Firefly Neuroscience, an AI-Driven Brain Health Company, Each Receive Respective Stockholder Approvals for Merger
Successful votes from both parties' stockholders mark a critical step toward deal closing with the pioneering artificial intelligence-enabled neurological technology company. Successful votes from both parties' stockholders mark a critical step toward deal closing with the pioneering artificial intelligence-enabled neurological technology company.

Firefly Neuroscience's White Paper Unveils BNA™ Platform's Significant Impact on Disease Management in 2,253 U.S Patients
The white paper is titled “Brain Network Analytics (BNA) in the Psychiatric Practice: Real-Life Data Analysis” The analysis involved a cohort of 2,253 patients receiving treatment at a prominent psychiatric and multispecialty clinic in the U.S. FAIRFAX, Va. and TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- Firefly Neuroscience, Inc. (“Firefly”), a pioneering AI company developing innovative neuroscientific solutions to improve outcomes for patients with mental illnesses and neurological disorders, today announced the findings presented in a 2023 white paper “Brain Network Analytics (BNA) in the Psychiatric Practice: Real-Life Data Analysis” by Charlotte Baumeister, Ph.D.

Firefly Neuroscience, Inc. Issues Letter to Stockholders on Proposed Merger with WaveDancer
Firefly has developed an FDA-approved AI algorithm to objectively measure brain activity in mental health and cognitive disorders Firefly has developed an FDA-approved AI algorithm to objectively measure brain activity in mental health and cognitive disorders

SEC Declares Form S-4 Registration Statement Effective for Proposed Merger of WaveDancer, Inc. and Firefly Neuroscience, Inc.
FAIRFAX, Va. and TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- WaveDancer, Inc. (NASDAQ: WAVD) (“WaveDancer”) and Firefly Neuroscience, Inc. (“Firefly”) announced today that the Registration Statement on Form S-4 (as amended or supplemented through the date hereof, the “Registration Statement”) relating to the companies' proposed merger was declared effective by the Securities and Exchange Commission.

WaveDancer Announces Filing of a Registration Statement on Form S-4 with the U.S. SEC
Progress towards closing on previously announced merger with Firefly Neuroscience, Inc., an AI-enabled technology company Progress towards closing on previously announced merger with Firefly Neuroscience, Inc., an AI-enabled technology company

WAVD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of WaveDancer, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of WaveDancer, Inc. (NASDAQ: WAVD) and Firefly Neuroscience, Inc. is fair to WaveDancer shareholders. Upon completion of the proposed transaction, WaveDancer shareholders will own approximately 8% of the combined company. Halper Sadeh encourages WaveDancer shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763.

WaveDancer Announces Merger Agreement with Firefly Neuroscience
– Merger to create NASDAQ-listed, commercial-stage AI-Enabled medical technology company focused on bringing FDA-cleared Brain Network Analytics platform to NASDAQ Capital Markets – Merger to create NASDAQ-listed, commercial-stage AI-Enabled medical technology company focused on bringing FDA-cleared Brain Network Analytics platform to NASDAQ Capital Markets

Tellenger Wins Contract to Provide Modernization Capabilities in Support of Large Financial Program
FAIRFAX, Va., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Tellenger, Inc., a subsidiary of WaveDancer, Inc., (NASDAQ: WAVD) announced today that it was awarded a three-year contract by a large systems integrator to provide modernization support for a major financial program for a large U.S. Government (USG) customer. The company expects total revenues of $4M over the course of the contract's period of performance.

Why Is WaveDancer (WAVD) Stock Down 7% Today?
WaveDancer (NASDAQ: WAVD ) stock is falling on Wednesday after the company updated investors on its Gray Matters subsidiary sale. WaveDancer confirmed the sale of Gray Matters, its blockchain-enabled supply chain management software subsidiary, to Gray Matters Data Corporation.

WaveDancer Closes Majority Investment in Gray Matters, Inc.
FAIRFAX, Va., March 21, 2023 (GLOBE NEWSWIRE) — WaveDancer, Inc., (NASDAQ: WAVD) announced today that it has sold its blockchain-enabled supply chain management software subsidiary, Gray Matters, Inc. (“GMI”) to Gray Matters Data Corporation (“GMDC”), whose lead investor is venture capital firm StealthPoint, LLC (“StealthPoint”). StealthPoint and its investors will invest $3 million of cash […]...

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