Every 8-K that ELAUWIT CONNECTION INC (ELWT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ELWT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ELWT filings page.
Elauwit Connection, Inc. reported second-quarter 2026 revenue of $2.856 million, down 46% from $5.326 million a year earlier, mainly due to the timing of construction and installation revenues. Gross profit was $0.443 million, while operating expenses rose to $3.543 million, driven largely by higher general and administrative costs.
The company posted a quarterly net loss of $3.131 million versus a $0.857 million loss in 2025, with adjusted EBITDA at $(3.020) million. Key operating metrics continued to scale: contracted units reached 42,687 (up 16% sequentially and 33% year over year), activated units 27,134 (up 94% year over year), and billed units 22,967 (up 163% year over year). Management highlighted over 10,000 units signed year-to-date and more than 4,100 units awarded in July 2026 with two large REIT owners.
As of June 30, 2026, cash was $1.180 million, deferred revenue $5.307 million, total debt $2.234 million (including related party debt), and the company reported a stockholders’ deficit of $0.757 million compared with equity of $4.416 million at year-end 2025. Management anticipates increased construction and recurring service revenue, and benefits from cost-efficiency initiatives, in the second half of 2026.
Elauwit Connection, Inc. held its annual meeting of stockholders on June 18, 2026. A total of 6,619,796 common shares were entitled to vote, and 5,459,880 shares were present in person or by proxy, establishing voting participation.
Stockholders elected directors Leslie Goodman, David O’Brien, and Barry Rubens, each receiving about five million votes in favor with minimal votes withheld and broker non-votes reported. Two Non-Adjournment Proposals also received strong support, so adjourning the meeting was not required.
Elauwit Connection, Inc. announced a leadership transition, appointing Nick Jones as Chief Information Officer and Chief Operating Officer effective June 15, 2026. Jones, age 47, brings extensive managed services and network engineering experience from prior roles at World Cinema, Inc., NJT, Inc., and other technology-focused companies.
Under a new executive employment agreement running through June 15, 2029, Jones will receive a $300,000 annual base salary, be eligible for performance-based annual cash bonuses, and receive a one-time restricted stock unit award with a $50,000 grant date fair value that vests over one year. He will also participate in other senior executive benefit plans and is subject to non-disclosure, non-competition, and non-solicitation covenants.
As part of the transition, Rick Alder was released from his role as Chief Operations Officer effective June 11, 2026, with payments consistent with a termination without cause under his agreement. The company issued a press release detailing the transition and highlighting Alder’s contributions during Elauwit’s initial public offering phase and early growth as a public company.
Elauwit Connection, Inc. reported that Chief Accounting Officer Kyle Huffman has notified the company of his intention to resign, effective July 10, 2026. After his departure, Chief Financial Officer James Di Bartolo is expected to take on the additional responsibilities of principal accounting officer.
Elauwit Connection, Inc. reported mixed first quarter 2026 results. Revenue was $4.4 million, down from $5.4 million a year earlier, and total revenue decreased 19% year-over-year as construction and installation project revenue proved variable. Gross profit fell to $0.8 million from $1.3 million, while operating expenses nearly doubled to $3.0 million, leading to a net loss of about $2.2 million versus $0.4 million in the prior-year quarter.
Despite weaker near-term profitability, operating metrics showed strong growth. Contracted units rose to 36,720, up about 29%, activated units more than doubled to 24,530, and billed units increased to 20,059, up roughly 115% year-over-year. Backlog expanded to $38.1 million from $15.6 million, reflecting more properties under long-term managed services and network-as-a-service contracts. Management highlighted a newly built sales organization, verbal awards on approximately 40 additional properties representing over 11,000 units, and continued investment in systems and processes to support scaling recurring service revenue.
Elauwit Connection, Inc. announced a Chief Financial Officer transition and new incentive program for executives and employees. The Board appointed James Philippe Di Bartolo II as CFO effective April 2, 2026, under a three-year employment agreement running through April 2, 2029. He will receive a $240,000 annual base salary, be eligible for a performance-based annual cash bonus, and receive a one-time $50,000 restricted stock unit grant vesting over one year. The company also established an annual incentive award program that provides select executives and employees with performance-based restricted stock units and cash awards tied to 2026 metrics including gross revenue, EBITDA, contracted units, and Google review scores.
Elauwit Connection, Inc. reported very strong growth for 2025 while remaining unprofitable. Full-year revenue rose to $21.6 million from $8.5 million, a 154% increase, with recurring service revenue up 151%. Fourth-quarter revenue was $6.1 million versus $3.3 million a year earlier.
Despite this expansion, Elauwit posted a full-year net loss of $4.2 million, slightly wider than the $3.5 million loss in 2024, and adjusted EBITDA was -$3.7 million compared with -$3.2 million. The balance sheet improved: cash and cash equivalents increased to $6.2 million from $0.3 million, total liabilities declined to $7.5 million from $12.3 million, and stockholders’ equity shifted from a deficit of -$4.5 million to positive $4.4 million.
Management highlighted growing contracted, activated and billed units and a larger sales pipeline, including about 8,000 units of new bidding opportunities from property groups representing potentially up to 50,000 units, and broader initiatives targeting 2,000 new accounts and up to 12 million units in a stated $25 billion addressable market.
Elauwit Connection, Inc. announced that its previously issued unaudited financial statements for the quarter and nine months ended September 30, 2025 will be restated and should no longer be relied upon. The company identified accounting errors in revenue recognition for certain network design and installation contracts using the percentage-of-completion cost-to-cost method.
As a result of these errors, revenue, gross profit, operating income (loss) and net loss were overstated by an estimated $471 thousand for the quarter and $1.4 million for the nine months ended September 30, 2025, and total assets were overstated by $1.4 million as of that date. The company attributes the issue in part to inadequate internal controls and states that the matter did not involve intentional misconduct. Elauwit plans to amend its Form 10-Q, including restated financial statements and updated management discussion, as soon as reasonably practicable.
Elauwit Connection, Inc. (ELWT) reported that Craig-Hallum Capital Group LLC partially exercised its over-allotment option in connection with the company’s initial public offering. This type of option, often called a "greenshoe," allows the underwriter to buy additional shares following the IPO, typically when demand is strong enough to support more stock in the market. The company announced this development in a press release dated November 24, 2025, which is furnished as Exhibit 99.1 to this Form 8-K.