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10-K

Annual Report

WRAP TECHNOLOGIES, INC. WRAP

0001140361-26-011401

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Filed
Mar 26, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Mar 23, 2026 55.5M sh
Shares Diluted FY 2025 · Dec 31, 2025 50.39M sh
Shares Diluted FY 2025 · Dec 31, 2024 45.62M sh
Dividends Paid FY 2025 · Dec 31, 2025 $0
Dividends Paid FY 2025 · Dec 31, 2024 $120K
Capex FY 2025 · Dec 31, 2025 $100K
Capex FY 2025 · Dec 31, 2024 $12K
Operating Cash Flow FY 2025 · Dec 31, 2025 −$10.29M
Operating Cash Flow FY 2025 · Dec 31, 2024 −$8.13M
Cash And Equivalents FY 2025 · Dec 31, 2025 $3.47M
Cash And Equivalents FY 2025 · Dec 31, 2024 $3.61M
Stockholders Equity FY 2025 · Dec 31, 2025 $11.49M
Stockholders Equity FY 2025 · Dec 31, 2024 $250K
Stockholders Equity FY 2025 · Dec 31, 2023 $3.16M
Current Liabilities FY 2025 · Dec 31, 2025 $1.82M
Current Liabilities FY 2025 · Dec 31, 2024 $13.2M
Total Liabilities FY 2025 · Dec 31, 2025 $3.93M
Total Liabilities FY 2025 · Dec 31, 2024 $14.87M
Current Assets FY 2025 · Dec 31, 2025 $11.42M
Current Assets FY 2025 · Dec 31, 2024 $10.47M
Total Assets FY 2025 · Dec 31, 2025 $15.42M
Total Assets FY 2025 · Dec 31, 2024 $15.12M
Eps Diluted FY 2025 · Dec 31, 2025 −$0.22
Eps Diluted FY 2025 · Dec 31, 2024 −$0.16
Eps Basic FY 2025 · Dec 31, 2025 −$0.22
Eps Basic FY 2025 · Dec 31, 2024 −$0.16
Sga Expense FY 2025 · Dec 31, 2025 $16.13M
Sga Expense FY 2025 · Dec 31, 2024 $15.69M
Rd Expense FY 2025 · Dec 31, 2025 $56K
Rd Expense FY 2025 · Dec 31, 2024 $2.34M
Net Income FY 2025 · Dec 31, 2025 −$10.34M
Net Income FY 2025 · Dec 31, 2024 −$5.88M
Operating Income FY 2025 · Dec 31, 2025 −$13.49M
Operating Income FY 2025 · Dec 31, 2024 −$15.57M
Gross Profit FY 2025 · Dec 31, 2025 $2.7M
Gross Profit FY 2025 · Dec 31, 2024 $2.47M
Cost Of Revenue FY 2025 · Dec 31, 2025 $1.97M
Cost Of Revenue FY 2025 · Dec 31, 2024 $2.04M
Revenue FY 2025 · Dec 31, 2025 $4.67M
Revenue FY 2025 · Dec 31, 2024 $4.51M