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10-Q

Quarterly Report

WRAP TECHNOLOGIES, INC. WRAP

0001641172-25-024162

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Filed
Aug 14, 2025 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Aug 13, 2025 50.82M sh
Shares Diluted Q2 2025 · Jun 30, 2025 50.61M sh
Shares Diluted Q2 2025 · Jun 30, 2025 49.44M sh
Shares Diluted Q2 2025 · Jun 30, 2024 45.32M sh
Shares Diluted Q2 2025 · Jun 30, 2024 44.47M sh
Capex Q2 2025 · Jun 30, 2025 $8K
Capex Q2 2025 · Jun 30, 2024 $13K
Operating Cash Flow Q2 2025 · Jun 30, 2025 −$5.01M
Operating Cash Flow Q2 2025 · Jun 30, 2024 −$7.25M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $4.18M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $3.61M
Stockholders Equity Q2 2025 · Jun 30, 2025 $11.76M
Stockholders Equity Q2 2025 · Mar 31, 2025 $2.57M
Stockholders Equity Q2 2025 · Dec 31, 2024 $250K
Stockholders Equity Q2 2025 · Jun 30, 2024 $3.84M
Stockholders Equity Q2 2025 · Mar 31, 2024 $4.48M
Stockholders Equity Q2 2025 · Dec 31, 2023 $3.16M
Current Liabilities Q2 2025 · Jun 30, 2025 $2M
Current Liabilities Q2 2025 · Dec 31, 2024 $13.2M
Total Liabilities Q2 2025 · Jun 30, 2025 $3.85M
Total Liabilities Q2 2025 · Dec 31, 2024 $14.87M
Current Assets Q2 2025 · Jun 30, 2025 $11.32M
Current Assets Q2 2025 · Dec 31, 2024 $10.47M
Total Assets Q2 2025 · Jun 30, 2025 $15.61M
Total Assets Q2 2025 · Dec 31, 2024 $15.12M
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.07
Eps Diluted Q2 2025 · Jun 30, 2025 −$0.07
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.02
Eps Diluted Q2 2025 · Jun 30, 2024 −$0.02
Eps Basic Q2 2025 · Jun 30, 2025 −$0.07
Eps Basic Q2 2025 · Jun 30, 2025 −$0.07
Eps Basic Q2 2025 · Jun 30, 2024 −$0.02
Eps Basic Q2 2025 · Jun 30, 2024 −$0.02
Sga Expense Q2 2025 · Jun 30, 2025 $3.18M
Sga Expense Q2 2025 · Jun 30, 2025 $7.27M
Sga Expense Q2 2025 · Jun 30, 2024 $3.48M
Sga Expense Q2 2025 · Jun 30, 2024 $7.7M
Rd Expense Q2 2025 · Jun 30, 2025 $162K
Rd Expense Q2 2025 · Jun 30, 2025 $594K
Rd Expense Q2 2025 · Jun 30, 2024 $679K
Rd Expense Q2 2025 · Jun 30, 2024 $1.43M
Net Income Q2 2025 · Jun 30, 2025 −$3.73M
Net Income Q2 2025 · Jun 30, 2025 −$3.62M
Net Income Q2 2025 · Jun 30, 2024 −$385K
Net Income Q2 2025 · Jun 30, 2024 −$268K
Operating Income Q2 2025 · Jun 30, 2025 −$2.86M
Operating Income Q2 2025 · Jun 30, 2025 −$6.78M
Operating Income Q2 2025 · Jun 30, 2024 −$3.17M
Operating Income Q2 2025 · Jun 30, 2024 −$7.31M
Gross Profit Q2 2025 · Jun 30, 2025 $487K
Gross Profit Q2 2025 · Jun 30, 2025 $1.08M
Gross Profit Q2 2025 · Jun 30, 2024 $984K
Gross Profit Q2 2025 · Jun 30, 2024 $1.82M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $525K
Cost Of Revenue Q2 2025 · Jun 30, 2025 $695K
Cost Of Revenue Q2 2025 · Jun 30, 2024 $589K
Cost Of Revenue Q2 2025 · Jun 30, 2024 $1.23M
Revenue Q2 2025 · Jun 30, 2025 $1.01M
Revenue Q2 2025 · Jun 30, 2025 $1.78M
Revenue Q2 2025 · Jun 30, 2024 $1.57M
Revenue Q2 2025 · Jun 30, 2024 $3.05M
Dividends Paid Q2 2025 · Jun 30, 2024 $120K