For the year ending 2025-12-31, WRAP had -$142K decrease in cash & cash equivalents over the period. -$10,389K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -10,335 |
| Depreciation and amortization | 594 |
| Impairment of goodwill and intangibles | 588 |
| Loss on disposition of assets | -10 |
| Share-based compensation | 4,076 |
| Warranty provision | -40 |
| Change in fair value of warrant liabilities | -3,158 |
| Non-cash lease expense | -211 |
| Provision for credit losses | 117 |
| Inventory obsolescence reserve | 36 |
| Accounts receivable | 2,391 |
| Inventories | -1,163 |
| Prepaid expenses and other current assets | 16 |
| Accounts payable | 11 |
| Operating lease liabilities | 221 |
| Customer deposits | -35 |
| Accrued liabilities and other | -951 |
| Warranty settlement | -13 |
| Deferred revenue | -83 |
| Other non-current assets | -58 |
| Net cash used in operating activities | -10,289 |
| Proceeds from maturities of short-term investments | 0 |
| Capital expenditures for property and equipment | 100 |
| Investment in patents, trademarks, and other intangibles | 287 |
| Net cash paid for acquisition of intrensic | 0 |
| Net cash (used in) provided by investing activities | -387 |
| Proceeds from exercise of stock options | 245 |
| Proceeds from issuance of series b convertible preferred stock | 4,500 |
| Proceeds from issuance of warrants and common stock, net of offering costs | 5,789 |
| Dividends settled in cash | 0 |
| Net cash provided by financing activities | 10,534 |
| Net decrease in cash and cash equivalents | -142 |
| Cash and cash equivalents, beginning of period | 3,610 |
| Cash and cash equivalents, end of period | 3,468 |
WRAP TECHNOLOGIES, INC. (WRAP)
WRAP TECHNOLOGIES, INC. (WRAP)