WRAP: the balance sheet

MyFinsight

For the year ending 2025-12-31, WRAP has $15,418K in assets. $3,928K in debts. $3,468K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	3,468
Accounts receivable and contract assets	2,787
Inventories, net	4,971
Prepaid expenses and other current assets	194
Total current assets	11,420
Property and equipment, gross	1,225
Accumulated depreciation	1,102
Property and equipment, net	123
Operating lease right-of-use asset, net	2,175
Amortizable intangible assets, gross	2,021
Accumulated amortization	870
Total amortizable	1,151
Indefinite life assets (non-amortizable)	421
Intangible assets, net	1,572
Other assets	128
Total assets	15,418

Accounts payable	620
Accrued liabilities	407
Customer deposits	62
Deferred revenue- short term	408
Operating lease liability - short term	320
Total current liabilities	1,817
Deferred revenue- long term	14
Operating lease liability - long term	2,097
Total long-term liabilities	2,111
Total liabilities	3,928
Preferred stock	0
Common stock - 200,000,000 authorized par value 0.0001 per share 51,733,217 and 47,101,631 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	5
Preferred stock-Series AConvertible Preferred Stock	0
Preferred stock-Series BConvertible Preferred Stock	0
Additional paid-in capital	127,804
Accumulated deficit	-116,319
Accumulated other comprehensive loss	0
Total stockholders' equity	11,490
Total liabilities and stockholders' equity	15,418

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