WRAP TECHNOLOGIES, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:24:21Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.39M | -8.14M | -16.93M | -14.86M | -19.22M | -12.44M |
| EBITDA | -12.89M | -14.74M | -17.90M | -16.97M | -24.02M | -12.91M |
| Working Capital | 9.60M | -2.73M | -2.30M | 23.70M | 38.36M | 44.59M |
| Net Debt | -1.05M | -1.41M | -1.67M | -5.03M | -4.88M | -16.50M |
| Gross Margin | 57.77% | 54.69% | 47.38% | 46.39% | 25.81% | 34.05% |
| Operating Margin | -288.63% | -345.40% | -305.27% | -220.28% | -316.92% | -331.57% |
| Net Margin | -221.21% | -130.35% | -492.74% | -218.87% | -316.33% | -318.97% |
| Return on Equity (ROE) | -89.95% | -2350.00% | -955.42% | -65.12% | -59.25% | -27.10% |
| Return on Assets (ROA) | -67.03% | -38.85% | -106.03% | -57.63% | -55.28% | -25.76% |
| Current Ratio | 6.29× | 0.79× | 0.90× | 8.51× | 14.43× | 20.05× |
| Debt-to-Equity | 0.21× | 8.78× | 0.72× | 0.01× | 0.00× | 0.00× |
| Effective Tax Rate | 0.00% | — | — | — | — | — |
| Cash Conversion Ratio | 1.00× | 1.38× | 0.55× | 0.83× | 0.75× | 0.97× |
| Accruals Ratio | -0.00× | 0.15× | -0.47× | -0.10× | -0.14× | -0.01× |
| SBC % of Revenue | 87.24% | 53.98% | 32.37% | 40.07% | 69.30% | 56.72% |
| CapEx Coverage | -102.89× | -677.08× | -72.62× | -57.04× | -18.31× | -48.94× |
| Free Cash Flow Per Share | $-0.21 | $-0.18 | $-0.40 | $-0.36 | $-0.49 | $-0.37 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 4.67M | 4.51M | 6.13M | 8.05M | 7.73M | 3.94M |
| Cost of Goods and Services Sold | — | — | — | 4.32M | 4.99M | 2.60M |
| Cost of Revenue | 1.97M | 2.04M | 3.23M | 4.32M | 5.73M | 2.60M |
| Gross Profit | 2.70M | 2.46M | 2.91M | 3.73M | 2.00M | 1.34M |
| Research and Development Expense | 56.00K | 2.34M | 3.27M | 5.08M | 6.21M | 2.79M |
| Selling, General and Administrative Expense | 16.13M | 15.69M | 18.36M | 16.39M | 20.28M | 11.63M |
| Operating Expenses | 16.18M | 18.03M | 21.63M | 21.46M | 26.49M | 14.42M |
| Operating Income (Loss) | -13.48M | -15.57M | -18.72M | -17.73M | -24.50M | -13.08M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -10.34M | -5.88M | -30.22M | -17.62M | -24.45M | -12.58M |
| Earnings Per Share, Basic | $-0.22 | $-0.16 | $-0.72 | $-0.43 | $-0.62 | — |
| Weighted Average Number of Shares Outstanding, Basic | 50.39M | 45.62M | 42.32M | 41.17M | 39.28M | — |
| Earnings Per Share, Diluted | $-0.22 | $-0.16 | $-0.72 | — | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 50.39M | 45.62M | 42.32M | — | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 3.47M | 3.61M | 3.96M | 5.33M | 4.94M | 16.65M |
| Assets, Current | 11.42M | 10.47M | 21.23M | 26.86M | 41.21M | 46.93M |
| Assets | 15.42M | 15.12M | 28.50M | 30.57M | 44.23M | 48.83M |
| Liabilities, Current | 1.82M | 13.20M | 23.53M | 3.16M | 2.86M | 2.34M |
| Liabilities | 3.93M | 14.87M | 25.34M | 3.52M | 2.97M | 2.42M |
| Stockholders' Equity Attributable to Parent | 11.49M | 250.00K | 3.16M | 27.05M | 41.26M | 46.41M |
| Common Stock, Shares, Outstanding | 51.73M | 47.10M | 43.86M | 41.18M | 40.85M | 37.55M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -10.29M | -8.13M | -16.70M | -14.60M | -18.22M | -12.19M |
| Payments to Acquire Property, Plant, and Equipment | 100.00K | 12.00K | 230.00K | 256.00K | 995.00K | 249.00K |
| Net Cash Provided by (Used in) Investing Activities | -387.00K | 7.31M | 5.18M | 14.91M | -6.94M | -26.11M |
| Payments of Dividends | 0 | 120.00K | 58.00K | 0 | — | — |
| Net Cash Provided by (Used in) Financing Activities | 10.53M | 468.00K | 10.15M | 83.00K | 13.45M | 37.96M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.25M | -2.67M | -7.72M | -5.02M | -3.07M | -1.21M |
| EBITDA | -4.71M | -3.81M | — | — | -3.77M | -4.45M |
| Working Capital | 12.57M | 9.60M | 11.68M | 9.32M | -332.00K | -2.73M |
| Net Debt | -6.80M | -1.05M | -3.47M | -2.13M | -4.05M | -1.41M |
| Gross Margin | 62.20% | 52.28% | 59.22% | 48.12% | 77.78% | 47.40% |
| Operating Margin | -429.25% | -280.91% | -185.18% | -282.21% | -512.68% | -535.61% |
| Net Margin | -408.64% | -280.91% | -185.98% | -368.28% | 14.25% | -878.27% |
| Return on Equity (ROE) | -31.45% | -34.33% | -19.63% | -31.69% | 4.25% | -3038.80% |
| Return on Assets (ROA) | -27.15% | -25.58% | -15.21% | -23.87% | 0.61% | -50.24% |
| Current Ratio | 7.59× | 6.29× | 7.12× | 5.65× | 0.98× | 0.79× |
| Debt-to-Equity | 0.03× | 0.21× | 0.18× | 0.17× | 0.83× | 8.78× |
| Cash Conversion Ratio | 0.27× | 0.68× | 2.75× | 1.34× | -28.16× | 0.16× |
| Accruals Ratio | -0.20× | -0.08× | 0.27× | 0.08× | 0.18× | -0.42× |
| SBC % of Revenue | 214.58% | 71.44% | 206.10% | 240.61% | 217.65% | 71.56% |
| CapEx Coverage | -249.20× | -380.71× | -81.98× | -626.13× | -1534.50× | 1206.00× |
| Free Cash Flow Per Share | $-0.02 | $-0.05 | $-0.15 | $-0.10 | $-0.06 | $-0.03 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 1.11M | 1.40M | 1.49M | 1.01M | 765.00K | 865.00K |
| Cost of Revenue | 420.00K | 670.00K | 608.00K | 525.00K | 170.00K | 455.00K |
| Gross Profit | 691.00K | 734.00K | 883.00K | 487.00K | 595.00K | 410.00K |
| Research and Development Expense | 105.00K | -563.00K | 167.00K | 162.00K | 378.00K | 384.00K |
| Selling, General and Administrative Expense | 5.36M | 5.24M | 3.48M | 3.18M | 4.14M | 4.66M |
| Operating Expenses | 5.46M | 4.68M | 3.64M | 3.34M | 4.52M | 5.04M |
| Operating Income (Loss) | -4.77M | -3.94M | -2.76M | -2.86M | -3.92M | -4.63M |
| Net Income (Loss) Attributable to Parent | -4.54M | -3.94M | -2.77M | -3.73M | 109.00K | -7.60M |
| Earnings Per Share, Basic | $-0.09 | $-0.08 | $-0.06 | $-0.07 | $0.00 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Basic | 54.00M | 50.39M | 51.10M | 50.61M | 48.40M | 45.62M |
| Earnings Per Share, Diluted | $-0.09 | $-0.08 | $-0.06 | $-0.07 | $0.00 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Diluted | 54.00M | 50.39M | 51.10M | 50.61M | 48.40M | 45.62M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.26M | 3.47M | 5.96M | 4.18M | 6.17M | 3.61M |
| Assets, Current | 14.47M | 11.42M | 13.58M | 11.32M | 13.49M | 10.47M |
| Assets | 16.72M | 15.42M | 18.24M | 15.61M | 17.97M | 15.12M |
| Liabilities, Current | 1.91M | 1.82M | 1.91M | 2.00M | 13.82M | 13.20M |
| Liabilities | 2.29M | 3.93M | 4.11M | 3.85M | 15.40M | 14.87M |
| Stockholders' Equity Attributable to Parent | 14.43M | 11.49M | 14.13M | 11.76M | 2.57M | 250.00K |
| Common Stock, Shares, Outstanding | 55.51M | 51.73M | 51.50M | 50.73M | 50.49M | 47.10M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.25M | -2.67M | -7.62M | -5.01M | -3.07M | -1.21M |
| Payments to Acquire Property, Plant, and Equipment | 5.00K | 7.00K | 93.00K | 8.00K | 2.00K | -1.00K |
| Net Cash Provided by (Used in) Investing Activities | -58.00K | -138.00K | -249.00K | -153.00K | -100.00K | -51.00K |
| Payments of Dividends | — | 0 | 0 | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | 5.10M | 306.00K | 10.23M | 5.73M | 5.73M | 0 |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (WRAP CIK 0001702924),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.