For the year ending 2025-12-31, WRAP made $4,672K in revenue. -$11,238K in net income. Net profit margin of -240.54%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues, net | 4,672 | 4,507 | ||
| Cost of revenues | 1,973 | 2,042 | ||
| Gross profit | 2,699 | 2,465 | ||
| Selling, general and administrative | 16,128 | 15,688 | ||
| Research and development | 56 | 2,344 | ||
| Total operating expenses | 16,184 | 18,032 | ||
| Loss from operations | -13,485 | -15,567 | ||
| Interest income | 7 | 156 | ||
| Change in fair value of warranty liabilities | -3,158 | -9,572 | ||
| Other | -15 | -36 | ||
| Total other income / (expense), net | 3,150 | 9,692 | ||
| Net loss | -10,335 | -5,875 | ||
| Less convertible preferred stock dividends | 903 | 1,218 | ||
| Net loss attributable to common stockholders | -11,238 | -7,093 | ||
| Comprehensive loss | - | -7,093 | ||
| Basic EPS | -0.22 | -0.16 | ||
| Diluted EPS | -0.22 | -0.16 | ||
| Basic Average Shares | 50,390,735 | 45,621,214 | ||
| Diluted Average Shares | 50,390,735 | 45,621,214 | ||
WRAP TECHNOLOGIES, INC. (WRAP)
WRAP TECHNOLOGIES, INC. (WRAP)