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WRAP TECHNOLOGIES, INC. (WRAP)

For the quarter ending 2025-06-30, WRAP made $1,012K in revenue. -$3,891K in net income. Net profit margin of -384.49%.

Overview

Revenue
$1,012K
Net Income
-$3,891K
Net Profit Margin
-384.49%
EPS
-$0.07
Unit: Thousand (K) dollars
Revenue Breakdown
    • Managed services
    • Product sales
    • Technology enabled services

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues1,012 765 593 1,573
Cost of revenues525 170 358 589
Gross profit487 595 235 984
Selling, general and administrative3,181 4,139 3,334 3,475
Research and development162 378 527 679
Total operating expenses3,343 4,517 3,861 4,154
Loss from operations-2,856 -3,922 -3,626 -3,170
Other-2 - -5 -8
Interest income2 2 21 55
Change in fair value of warranty liabilities871 -4,029 -5,600 -2,738
Total other income (expense), net-871 4,031 5,616 2,785
Net loss-3,727 109 1,990 -385
Less convertible preferred stock dividends164 164 317 511
Net loss attributable to common stockholders-3,891 -55 1,673 -896
Comprehensive loss- -55 - -
Net loss per basic common share-0.07 - 0.04 -0.02
Net loss per diluted common share-0.07 - - -
Weighted average common shares used to compute net loss per basic common share50,609,509 48,396,271 45,861,208 45,324,917
Weighted average common shares used to compute net loss per diluted common share50,609,509 48,396,271 - -
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net lossattributable to common...-$3,891K (-334.26%↓ Y/Y)Product sales$197K (-84.25%↓ Y/Y)Managed services$764K Technology enabledservices$51K Net loss-$3,727K (-868.05%↓ Y/Y)Less convertiblepreferred stock dividends$164K (-67.91%↓ Y/Y)Total revenues$1,012K (-35.66%↓ Y/Y)Total other income(expense), net-$871K (-131.27%↓ Y/Y)Loss from operations-$2,856K (9.91%↑ Y/Y)Interest income$2K (-96.36%↓ Y/Y)Gross profit$487K (-50.51%↓ Y/Y)Cost of revenues$525K (-10.87%↓ Y/Y)Change in fair value ofwarranty liabilities$871K (131.81%↑ Y/Y)Total operatingexpenses$3,343K (-19.52%↓ Y/Y)Other-$2K (75.00%↑ Y/Y)Research and development$162K (-76.14%↓ Y/Y)Selling, general andadministrative$3,181K (-8.46%↓ Y/Y)