For the quarter ending 2026-03-31, WRAP made $1,111K in revenue. -$4,789K in net income. Net profit margin of -431.05%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 1,111 | 1,404 | 1,491 | 1,012 |
| Cost of revenues | 420 | 670 | 608 | 525 |
| Gross profit | 691 | 734 | 883 | 487 |
| Selling, general and administrative | 5,355 | 5,331 | 3,477 | 3,181 |
| Research and development | 105 | -651 | 167 | 162 |
| Total operating expenses | 5,460 | 4,680 | 3,644 | 3,343 |
| Loss from operations | -4,769 | -3,946 | -2,761 | -2,856 |
| Interest income | 1 | 1 | 2 | 2 |
| Change in fair value of warrant liabilities | 0 | 0 | 0 | 871 |
| Gain on lease termination | 227 | - | - | - |
| Other | 1 | 1 | -14 | -2 |
| Total other income (expense), net | 229 | 2 | -12 | -871 |
| Net (loss) income | -4,540 | -3,944 | -2,773 | -3,727 |
| Less convertible preferred stock dividends | 249 | 411 | 164 | 164 |
| Net loss attributable to common stockholders | -4,789 | -4,355 | -2,937 | -3,891 |
| Basic EPS | -0.09 | -0.085 | -0.06 | -0.07 |
| Diluted EPS | -0.09 | -0.085 | -0.06 | -0.07 |
| Basic Average Shares | 54,001,602 | 51,460,868 | 51,096,292 | 50,609,509 |
| Diluted Average Shares | 54,001,602 | 51,460,868 | 51,096,292 | 50,609,509 |
WRAP TECHNOLOGIES, INC. (WRAP)
WRAP TECHNOLOGIES, INC. (WRAP)