WRAP: the cashflow

MyFinsight

For the quarter ending 2025-09-30, WRAP had $1,788K increase in cash & cash equivalents over the period. -$2,700K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net (loss) income	-2,773	-3,618
Depreciation and amortization	151	304
Loss on disposition of assets	-9	-
Write-off accounts receivables	-	26
Share-based compensation	638	2,435
Warranty provision	42	2
Change in fair value of warrant liabilities	0	-3,158
Non-cash lease expense	-278	-199
Provision for doubtful accounts	1	34
Inventory obsolescence reserve	-584	187
Accounts receivable	891	453
Inventories	-1,027	-79
Prepaid expenses and other current assets	0	156
Accounts payable	21	-34
Operating lease liability	98	197
Customer deposits	-34	0
Accrued liabilities and other	-353	-523
Warranty settlement	-13	-10
Deferred revenue	75	-180
Changes in other non-current assets	0	-58
Net cash used in operating activities	-2,615	-5,009
Proceeds from maturities of short-term investments	0	0
Capital expenditures for property and equipment	85	8
Investment in patents and trademarks	11	145
Net cash (used in) provided by investing activities	-96	-153
Proceeds from exercise of stock options	0	0
Proceeds from issuance of series b convertible preferred stock	4,500	-
Proceeds from issuance of warrants and common stock, net of offering costs	5,728	5,729
Dividends settled in cash	0	0
Net cash provided by financing activities	4,499	5,729
Net increase in cash and cash equivalents	1,788	567
Cash and cash equivalents at beginning of period	3,610	-
Cash and cash equivalents at end of period	5,965	-

Unit: Thousand (K) dollars