WRAP · XBRL financial data

Wrap Technologies financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (WRAP's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	3,631	589*	1,476	1,573	593	865*	765	1,012	1,491	1,404*	1,111	2,052
Cost of revenue	1,454	880*	640	589	358	455*	170	525	608	670*	420	507
Gross profit	2,177	(291)*	836	984	235	410*	595	487	883	734*	691	1,545
Research and development	610	584*	755	679	527	384*	378	162	167	(563)*	105	152
Selling, general and administrative	4,317	5,757*	4,220	3,475	3,334	4,659*	4,139	3,181	3,477	5,241*	5,355	3,644
Total operating expenses	4,927	6,341*	4,975	4,154	3,861	5,043*	4,517	3,343	3,644	4,678*	5,460	3,796
Operating income (loss)	(2,750)	(6,632)*	(4,139)	(3,170)	(3,626)	(4,633)*	(3,922)	(2,856)	(2,761)	(3,944)*	(4,769)	(2,251)
Interest income	90	(38)*	78	55	21	2*	2	2	2	1*	1	2
Other income (expense)	(6)	138*	(1)	(8)	(5)	(21)*	0	(2)	(14)	(1)*	1	(8)
Income tax expense (benefit)	—	year only	—	—	—	year only	—	—	—	year only	—	—
Net income (loss)	(2,783)	(18,401)*	117	(385)	1,990	(7,597)*	109	(3,727)	(2,773)	(3,944)*	(4,540)	(2,257)
Earnings per share, basic USD per share	(0.07)	(0.42)*	0.00	(0.02)	0.04	(0.16)*	0.00	(0.07)	(0.06)	(0.08)*	(0.09)	(0.04)
Earnings per share, diluted USD per share	—	—	—	(0.02)	0.04	(0.16)*	0.00	(0.07)	(0.06)	(0.08)*	(0.09)	(0.04)
Weighted average shares, basic thousands of shares	42,652	43,492*	44,155	45,325	45,861	47,124*	48,396	50,610	51,096	51,420*	54,002	55,731
Weighted average shares, diluted thousands of shares	—	—	44,155	45,325	45,861	47,124*	48,396	50,610	51,096	51,420*	54,002	55,731

Balance sheet

CSV

Fiscal quarters (WRAP's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	4,934	3,955	3,179	2,064	4,867	3,610	6,170	4,177	5,965	3,468	7,264	4,781
Short-term investments	10,000	7,500	5,000	2,500	0	—	—	—	—	—	—	—
Accounts receivable	4,321	3,025	2,347	3,262	778	513	660	906	1,822	2,787	1,991	3,378
Inventory	5,816	5,794	6,366	6,489	6,311	6,170	6,081	5,904	5,461	4,971	4,645	4,308
Prepaid and other current assets	762	953	825	693	288	178	582	334	334	194	574	729
Total current assets	25,833	21,227	17,717	15,008	12,244	10,471	13,493	11,321	13,582	11,420	14,474	13,196
Property and equipment, net	533	509	408	292	210	146	108	87	138	123	105	89
Right-of-use asset	205	2,256	2,185	2,113	2,039	1,964	1,890	1,814	2,242	2,175	447	426
Goodwill	1,611	1,610	1,610	1,610	1,639	0	—	—	—	0	—	—
Total assets	31,667	28,501	24,772	21,763	18,785	15,121	17,972	15,612	18,237	15,418	16,722	15,339
Accounts payable	1,546	1,110	1,092	1,138	1,278	609	494	583	596	620	787	764
Accrued liabilities	1,128	692	835	1,154	1,007	1,403	1,125	872	563	407	531	310
Total current liabilities	10,815	23,530	18,453	16,151	10,653	13,203	13,825	2,002	1,907	1,817	1,908	1,641
Lease liability, non-current	105	1,671	1,708	1,638	1,675	1,629	1,552	1,826	2,186	2,097	369	345
Total liabilities	11,096	25,338	20,289	17,922	12,379	14,871	15,405	3,851	4,111	3,928	2,288	1,993
Accumulated deficit	(79,388)	(97,988)	(98,060)	(98,956)	(97,283)	(105,081)	(105,136)	(109,027)	(111,964)	(116,319)	(121,108)	(123,527)
Total stockholders' equity	20,571	3,163	4,483	3,841	6,406	250	2,567	11,761	14,126	11,490	14,434	13,346
Total liabilities and equity	31,667	28,501	24,772	21,763	18,785	15,121	17,972	15,612	18,237	15,418	16,722	15,339
Common shares outstanding (cover page) thousands of shares	44,214	45,861	45,869	45,874	45,883	50,495	50,577	50,821	51,549	55,500	55,738	56,004

Cash flows

CSV

Fiscal quarters (WRAP's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(2,783)	(18,401)*	117	(385)	1,990	(7,597)*	109	(3,727)	(2,773)	(3,944)*	(4,540)	(2,257)
Stock-based compensation	(201)*	337*	675	243*	896*	619*	1,665	770*	638*	1,003*	2,384	1,019*
Depreciation and amortization	272*	148*	223	228*	195*	—	—	—	—	—	—	—
Net cash from operating activities	(12,142)*	(3,785)*	(3,724)	(3,525)*	330*	(1,206)*	(3,069)	(1,940)*	(2,615)*	(2,665)*	(1,246)	(2,433)*
Purchases of property and equipment	67*	97*	14	(1)*	0*	(1)*	2	6*	85*	7*	5	6*
Net cash from investing activities	(4,366)*	2,410*	2,420	2,470*	2,473*	(51)*	(100)	(53)*	(96)*	(138)*	(58)	(50)*
Dividends paid	0*	58*	60	60*	0*	0*	—	—	—	0*	—	—
Net cash from financing activities	9,754*	396*	528	(60)*	0*	0*	5,729	0*	4,499*	306*	5,100	0*
Net change in cash	(6,754)*	(979)*	(776)	(1,115)*	2,803*	—	—	—	—	—	—	—

Compare with peers

SIC 3480 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3480 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3480) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Wrap Technologies	4,781	2,052	(2,433)*	56.0M	2.0 quarters	Q2 FY26 10-QJun 30, 2026
Smith & Wesson Brandsadded: same SIC	18,699	112,587	(8,846)	44.8M	0.9 quarters	Q1 FY26 10-QJul 31, 2026
National Presto Industriesadded: same SIC	15,792	146,596	12,797*	7.1M	—	Q2 FY26 10-QJul 5, 2026
Sturm Rugeradded: same SIC	30,651	158,058	17,324*	16.0M	—	Q2 FY26 10-QJun 27, 2026
First Breachadded: same SIC	4,924	95	not reported	55.8M	—	Q2 FY26 10-QJun 30, 2026
Axon Enterpriseadded: same SIC	597,704	904,389	20,077*	81.2M	—	Q2 FY26 10-QJun 30, 2026
Alternative Ballisticsadded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.