Financial insights of WRAP

MyFinsight

For the quarter ending 2025-09-30, WRAP made $1,491K in revenue. -$2,937K in net income. Net profit margin of -196.98%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues, net	1,491	1,012	765	593
Cost of revenues	608	525	170	358
Gross profit	883	487	595	235
Selling, general and administrative	3,477	3,181	4,139	3,334
Research and development	167	162	378	527
Total operating expenses	3,644	3,343	4,517	3,861
Loss from operations	-2,761	-2,856	-3,922	-3,626
Interest income	2	2	2	21
Change in fair value of warranty liabilities	0	871	-4,029	-5,600
Other	-14	-2	-	-5
Total other income / (expense), net	-12	-871	4,031	5,616
Net (loss) income	-2,773	-3,727	109	1,990
Less convertible preferred stock dividends	164	164	164	317
Net (loss) income attributable to common stockholders	-2,937	-3,891	-55	1,673
Comprehensive loss	-	-	-55	-

Net (loss) income per basic share of common stock (in dollars per share)	-0.06	-0.07	0	0.04
Net (loss) income per diluted share of common stock (in dollars per share)	-0.06	-0.07	0	-
Weighted average common shares used to compute net loss per basic shares of common stock (in shares)	51,096,292	50,609,509	48,396,271	45,861,208
Weighted average common shares used to compute net loss per diluted shares of common stock (in shares)	51,096,292	50,609,509	48,396,271	-