Wrap Technologies, Inc. (NASDAQ:WRAP)
Insiders here have filed 11 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $6.1M
- Net income
- -$13.5M
- Net margin
- -223.1%
Little or no net debt.
- Total debt
- $436K
- Cash
- $4.8M
- Debt / equity
- 0.03
Comfortably covers what is due within a year.
- Current assets
- $13.2M
- Current liabilities
- $1.6M
- Current ratio
- 8.04
Consumes cash and must keep raising it.
- Operating cash flow
- -$9.3M
- Free cash flow
- -$9.4M
- FCF margin
- -154.5%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 55.7M
- Share growth (1y)
- 10.1%
- Cash runway
- 6 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
WRAP Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 2.05 M | 1.11 M | 1.40 M | 1.49 M | 1.01 M | 765.00 K |
| Revenue Growth (YoY) | 102.77 % | 45.23 % | 62.31 % | 151.43 % | -35.66 % | -48.17 % |
| Cost of Revenue | 507.00 K | 420.00 K | 670.00 K | 608.00 K | 525.00 K | 170.00 K |
| Gross Profit | 1.54 M | 691.00 K | 734.00 K | 883.00 K | 487.00 K | 595.00 K |
| SG&A Expense | 3.64 M | 5.36 M | 4.65 M | 3.48 M | 3.18 M | 4.14 M |
| R&D Expense | 152.00 K | 105.00 K | 563.00 K | 167.00 K | 162.00 K | 378.00 K |
| Operating Expenses | 3.80 M | 5.46 M | 4.68 M | 3.64 M | 3.34 M | 4.52 M |
| Operating Income | -2.25 M | -4.77 M | -3.94 M | -2.76 M | -2.86 M | -3.92 M |
| Pretax Income | -2.26 M | -4.54 M | -3.94 M | -2.77 M | -3.73 M | 109.00 K |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -2.26 M | -4.54 M | -3.94 M | -2.77 M | -3.73 M | 109.00 K |
| EPS (Basic) | -0.04 | -0.09 | -0.08 | -0.06 | -0.08 | -0.00 |
| EPS (Diluted) | -0.04 | -0.09 | -0.08 | -0.06 | -0.08 | -0.00 |
| Shares Outstanding | 55.73 M | 54.00 M | 51.73 M | 51.10 M | 50.61 M | 48.40 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.