Elauwit Connection, Inc.
Business
Elauwit Connection, Inc. designs, installs, operates, and maintains fiber-optic and WiFi networks in multifamily and student housing properties. It offers two primary service models: Managed Services (where property owners fund installation and Elauwit operates the network for a monthly per-unit fee) and Network-as-a-Service (where Elauwit funds and owns the network infrastructure). The company serves multifamily properties with 100 or more units across the continental U.S., generating revenue from one-time design and installation fees plus recurring monthly service fees under five- to eight-year contracts.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Revenues | 22 | 8 | |
| Cost of revenues | 18 | 7 | |
| Gross profit | 4 | 1 | |
| General and administrative | 8 | 4 | |
| Sales and marketing | 178,000 | 81,000 | |
| Research and development | 19,000 | 1,000 | |
| Total operating expenses | 8 | 4 | |
| Operating loss | −4 | −3 | |
| Interest expense, net | −353,000 | −255,000 | |
| Change in fair value of SAFE liability | −176,000 | — | |
| Other income (expense) | 7,000 | — | |
| Total other expense, net | −522,000 | −255,000 | |
| Loss from operations before income taxes | −4 | −3 | |
| Income tax expense | — | 1,000 | |
| Net loss | −4 | −3 | |
| Net loss per share, basic (in dollars per share) | −0.8 | −0.98 | |
| Net loss per share, diluted (in dollars per share) | −0.8 | −0.98 | |
| Weighted average common shares used in computing net loss per share, basic ( in shares) | 5 | 4 | |
| Weighted average common shares used in computing net loss per share, diluted (in shares) | 5 | 4 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Other Liability, Current, Related Party [Extensible Enumeration] | — | — | |
| Other Liability, Noncurrent, Related Party [Extensible Enumeration] | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net loss | −4 | −3 | |
| Right of use asset amortization expense | 27,000 | 17,000 | |
| Provision for credit losses | 300,000 | — | |
| Issuance of Series B Preferred Stock for services | — | 108,000 | |
| Accounts receivable | 2 | −4 | |
| Network financing receivable | −778,000 | −513,000 | |
| Inventories | 602,000 | −1 | |
| Prepaid expenses and other assets | −293,000 | −258,000 | |
| Lease right-of-use lease liabilities payments | −26,000 | −17,000 | |
| Net investment in lease | 48,000 | −531,000 | |
| Accounts payable | −101,000 | 2 | |
| Accrued expenses and other current liabilities | 420,000 | 40,000 | |
| Deferred revenue | −3 | 4 | |
| Related party payables | −582,000 | −98,000 | |
| Net cash used in operating activities | −6 | −4 | |
| Cash acquired from reverse recapitalization | — | 250,000 | |
| Net cash provided by investing activities | — | 250,000 | |
| Payment of other deferred offering costs | −357,000 | — | |
| Repurchase of shares under put option | −2 | — | |
| Proceeds from related party debt | 1 | 2 | |
| Repayment of related party debt | −3 | −1 | |
| Proceeds from payment of stock subscription receivable | 30,000 | — | |
| Proceeds from SAFE issuance | 1 | — | |
| Proceeds from issuance of Series B stock | — | 2 | |
| Net cash provided by financing activities | 12 | 4 | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 6 | −42,000 | |
| Lease liabilities arising from obtaining right-of-use asset | 25,000 | 72,000 | |
| SAFE Conversion to equity at initial public offering | 1 | — | |
| Conversion of Series A Convertible Preferred Stock for common stock in conjunction with reverse recapitalization | — | 5 | |
| Phantom stock liability conversion as part of reverse recapitalization | — | 116,000 | |
| Repurchase of Series seed stock for issuance of note payable | — | 1 | |
| Cash payments for income taxes | 4,000 | 2,000 | |
| Cash payments for interest | 476,000 | 302,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Elauwit Connection, Inc.'s CIK number?
Elauwit Connection, Inc.'s SEC CIK number is 0002063863 (2063863). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Elauwit Connection, Inc.'s SEC filings?
All of Elauwit Connection, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Elauwit Connection, Inc. last report earnings?
Elauwit Connection, Inc. (ELWT) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-060657). This is Elauwit Connection, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Elauwit Connection, Inc.'s most recent earnings 8-K?
Elauwit Connection, Inc.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001104659-26-060657. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Elauwit Connection, Inc.'s latest earnings 8-K →
Look up any company's CIK number →