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	2024-12-31
Total revenues, net	1,491	1,012	765	865
Cost of revenues	608	525	170	455
Gross profit	883	487	595	410
Selling, general and administrative	3,477	3,181	4,139	4,659
Research and development	167	162	378	383
Total operating expenses	3,644	3,343	4,517	5,042
Loss from operations	-2,761	-2,856	-3,922	-4,632
Interest income	2	2	2	2
Change in fair value of warranty liabilities	0	871	-4,029	2,945
Other	-14	-2	-	-22
Total other income / (expense), net	-12	-871	4,031	-2,965
Net (loss) income	-2,773	-3,727	109	-7,597
Less convertible preferred stock dividends	164	164	164	201
Net (loss) income attributable to common stockholders	-2,937	-3,891	-55	-7,798
Comprehensive loss	-	-	-55	-2,340

Net (loss) income per basic share of common stock (in dollars per share)	-0.06	-0.07	0	-0.18
Net (loss) income per diluted share of common stock (in dollars per share)	-0.06	-0.07	0	-0.04
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	-89,720,302
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	11,405,303.5