WRAP: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, WRAP has $18,237K in assets. $4,111K in debts. $5,965K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	5,965	4,177
Accounts receivable, net	1,822	906
Inventories, net	5,461	5,904
Prepaids and deposits	334	334
Total current assets	13,582	11,321
Property and equipment, gross	1,214	-
Accumulated depreciation	1,076	-
Property and equipment, net	138	87
Operating lease right of use assets, net	2,242	1,814
Amortizable intangible assets, gross	3,344	-
Accumulated amortization	1,618	-
Total amortizable	1,726	-
Indefinite life assets (non-amortizable)	421	-
Intangible assets, net	2,147	2,262
Other assets, net	128	128
Total assets	18,237	15,612

Accounts payable	596	583
Accrued liabilities	563	872
Customer deposits	61	27
Deferred revenue - short term	382	302
Operating lease liability - short term	305	218
Warrants- short term	0	0
Total current liabilities	1,907	2,002
Deferred revenue - long term	18	23
Operating lease liability - long term	2,186	1,826
Total long-term liabilities	2,204	1,849
Preferred stock-Convertible Preferred Stock	-	0
Total liabilities	4,111	3,851
Preferred stock	0	0
Common stock - 150,000,000 authorized par value 0.0001 per share 51,497,710 and 47,101,631 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	5	5
Preferred stock-Series AConvertible Preferred Stock	0	-
Preferred stock-Series BConvertible Preferred Stock	0	-
Additional paid-in capital	126,085	120,783
Accumulated deficit	-111,964	-109,027
Total stockholders' equity	14,126	11,761
Total liabilities and stockholders' equity	18,237	15,612

Unit: Thousand (K) dollars