WIDEPOINT CORP
For the period ended Dec 31, 2025. Filed Mar 25, 2026.
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FY2025 · Filed Mar 25, 2026
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Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
| ■ | Financial Statements and Financial Statement Schedule |
|---|---|
| Financial Statements: |
Consolidated Statements of Comprehensive Loss for the Years Ended December 31, 2025 and 2024
Consolidated Statements of Changes in Stockholders’** **Equity for the Years Ended December 31, 2025 and 2024
Consolidated Statements of Cash Flow for the Years Ended December 31, 2025 and 2024
Notes to Consolidated Financial Statements
All other schedules are omitted either because they are not applicable or not required, or because the required information is included in the financial statements or notes thereto
| ■ | Exhibits: The following exhibits are filed herewith or incorporated herein by reference: |
|---|
| 3.1 | Amended and Restated Certificate of Incorporation of WidePoint Corporation. (Incorporated herein by reference to Exhibit A to the Registrant’s Definitive Proxy Statement, as filed on December 27, 2004.) |
| 3.1.1 | Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company. (Incorporated herein by reference to Exhibit 3.1 to Form 8-K filed on October 29, 2020.) |
| 3.2 | Bylaws. (Incorporated herein by reference to Exhibit 3.6 to the Registrant’s Registration Statement on Form S-4 (File No. 333-29833)) |
| 4.1 | Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1924 (Incorporated by reference to Exhibit 4.1 to the Registrant’s Form 10-K filed on March 23, 2021). |
| 10.1* | Employment Agreement, between WidePoint Corporation and Jin Kang. * (Incorporated herein by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on May 20, 2024). |
| 10.2 | Loan and Security Agreement with Old Dominion Bank. (Incorporated herein by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on March 3, 2024). |
| 10.2.1 | Promissory Note in favor of Old Dominion National Bank. (Incorporated herein by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed on March 3, 2024). |
| 10.2.2 | Amendment to Note in favor of Old Dominion National Bank. (Incorporated herein by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on February 20, 2025). |
| 10.2.3 | Loan Modification Agreement with Old Dominion National Bank. (Incorporated herein by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed on February 20, 2025). |
| 10.3 | Amended and Restated 2008 Stock Incentive Plan.* (Incorporated herein by reference to Appendix I to the Company's Definitive Proxy Statement filed on November 24, 2009). |
| 10.4 | Cellular Wireless Managed Services Contract with U.S. Department of Homeland Security (incorporated by reference from Exhibit 10.1 to Registrant’s Current Report on Form 8-K filed on December 2, 2020). |
| 10.4.1 | Cellular Wireless Managed Services Contract Modification (incorporated by reference from Exhibit 10.6 to Registrant’s Form 10-Q filed on August 14, 2024) |
| 10.5* | Employment Agreement, between WidePoint Corporation and Jason Holloway. * (Incorporated herein by reference to Exhibit 10.4 to the Registrant’s Current Report on Form 8-K filed on May 20, 2024). |
| 10.6* | Employment Agreement, between WidePoint Corporation and Robert George. * (Incorporated herein by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K filed on May, 2024). |
| 10.7 | Purchase order dated January 24, 2024 (Incorporated herein by reference to Exhibit 10.9 to the Registrant’s Form 10-k filed on March 26, 2024). |
| 10.8 | Task Order dated October 11, 2023 (Incorporated by reference from Exhibit 10.1 to the Registrant’s Form 10-Q filed on November 11, 2023) |
| 10.9 | Amended and Restated 2017 Omnibus Incentive Plan* (incorporated by reference from Appendix A to the definitive proxy statement filed on June 3, 2025) |
| 10.10* | Employment Agreement with Todd Dzyak* (Incorporated herein by reference to Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed on May 20, 2024). |
| 10.11* | Employment Agreement with Ian Sparling* (Incorporated herein by reference to Exhibit 10.5 to the Registrant’s Current Report on Form 8-K filed on May 20, 2024). |
| 10.12 | Task Order dated September 29, 2025 with the U.S. Customs and Border Protection (filed herewith) |
| 19.1 | Insider Trading Policy (Incorporated herein by reference to Exhibit 19.1 to the Registrant’s Form 10-K filed on March 26, 2024). |
| 21 | Subsidiaries of WidePoint Corporation (Filed herewith). |
| 23.1 | Consent of Baker Tilly US, LLP (Filed herewith). |
| 31.1 | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Filed herewith). |
| 31.2 | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Filed herewith). |
| 32 | Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (Filed herewith). |
| 97.1 | Compensation Recovery Policy* (Incorporated herein by reference to Exhibit 97.1 to the Registrant’s Form 10-K filed on March 26, 2024). |
| 101. | Interactive Data Files |
| 101. | INS+ XBRL Instance Document |
| 101. | SCH+ XBRL Taxonomy Extension Schema Document |
| 101. | CAL+ XBRL Taxonomy Extension Calculation Linkbase Document |
| 101. | DEF+ XBRL Taxonomy Definition Linkbase Document |
| 101. | LAB+ XBRL Taxonomy Extension Label Linkbase Document |
| 101. | PRE+ XBRL Taxonomy Extension Presentation Linkbase Document |
- Management contract or compensatory plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| WidePoint Corporation | ||
| Date: March 25, 2026 | /s/ JIN H. KANG | |
|---|---|---|
| Jin H. Kang | ||
| Chief Executive Officer | ||
| Date: March 25, 2026 | /s/ Robert J. George | |
| Robert J. George | ||
| Chief Financial Officer | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons, on behalf of the registrant and in the capacities and on the dates indicated.
| Date: March 25, 2026 | /s/ JIN H. KANG |
|---|---|
| Jin H. Kang | |
| Director, Chief Executive Officer and President | |
| (Principal Executive Officer) | |
| Date: March 25, 2026 | /s/ PHILIP GARFINKLE |
| Philip Garfinkle | |
| Chairman of the Board | |
| Dated: March 25, 2026 | /s/ JOHN J. FITZGERALD |
| John J. Fitzgerald | |
| Director |
INDEX TO FINANCIAL STATEMENTS
| Page | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID :23) | F-1 |
|---|---|
| Consolidated Balance Sheets as of December 31, 2025 and 2024 | F-2 |
| Consolidated Statements of Operations for the Years ended December 31, 2025 and 2024 | F-3 |
| Consolidated Statements of Comprehensive Loss for the Years ended December 31, 2025 and 2024 | F-4 |
| Consolidated Statements of Stockholders’ Equity for the Years ended December 31, 2025 and 2024 | F-5 |
| Consolidated Statements of Cash Flows for the Years ended December 31, 2025 and 2024 | F-6 |
| Notes to Consolidated Financial Statements | F-8 |
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