WRAP · XBRL financial data

Wrap Technologies financial statements, every fiscal year

The same tables from 6 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 years (WRAP's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	3,944	7,729	8,049	6,133	4,507	4,672
Cost of revenue	2,601	5,734	4,315	3,227	2,042	1,973
Cost of goods and services sold	2,601	4,987	4,315	—	—	—
Gross profit	1,343	1,995	3,734	2,906	2,465	2,699
Research and development	2,789	6,214	5,078	3,267	2,344	56
Selling, general and administrative	11,631	20,276	16,386	18,361	15,688	16,128
Total operating expenses	14,420	26,490	21,464	21,628	18,032	16,184
Operating income (loss)	(13,077)	(24,495)	(17,730)	(18,722)	(15,567)	(13,485)
Interest income	83	31	52	375	156	7
Interest expense	2	0	—	—	—	—
Other income (expense)	(3)	15	61	113	(36)	(15)
Income tax expense (benefit)	0	0	0	0	0	0
Net income (loss)	(12,580)	(24,449)	(17,617)	(30,220)	(5,875)	(10,335)
Earnings per share, basic USD per share	—	(0.62)	(0.43)	(0.72)	(0.16)	(0.22)
Earnings per share, diluted USD per share	—	—	—	(0.72)	(0.16)	(0.22)
Weighted average shares, basic thousands of shares	—	39,282	41,175	42,324	45,621	50,391
Weighted average shares, diluted thousands of shares	—	—	—	42,324	45,621	50,391

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	16,647	4,937	5,330	3,955	3,610	3,468
Short-term investments	24,994	29,983	13,949	7,500	—	—
Accounts receivable	1,871	3,859	2,830	3,025	513	2,787
Inventory	2,655	1,566	3,975	5,794	6,170	4,971
Prepaid and other current assets	760	868	775	953	178	194
Total current assets	46,927	41,213	26,859	21,227	10,471	11,420
Property and equipment, net	357	976	758	509	146	123
Right-of-use asset	139	51	285	2,256	1,964	2,175
Goodwill	—	—	0	1,610	0	0
Total assets	48,832	44,231	30,571	28,501	15,121	15,418
Accounts payable	1,232	1,779	1,419	1,110	609	620
Accrued liabilities	721	824	1,463	692	1,403	407
Total current liabilities	2,341	2,857	3,156	23,530	13,203	1,817
Lease liability, non-current	56	0	193	1,671	1,629	2,097
Total liabilities	2,419	2,967	3,516	25,338	14,871	3,928
Accumulated deficit	(25,310)	(49,759)	(67,376)	(97,988)	(105,081)	(116,319)
Total stockholders' equity	46,413	41,264	27,055	3,163	250	11,490
Total liabilities and equity	48,832	44,231	30,571	28,501	15,121	15,418
Common shares outstanding (cover page) thousands of shares	37,645	40,939	41,257	45,861	50,495	55,500

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(12,580)	(24,449)	(17,617)	(30,220)	(5,875)	(10,335)
Stock-based compensation	2,237	5,356	3,225	1,985	2,433	4,076
Depreciation and amortization	163	478	762	823	—	—
Net cash from operating activities	(12,187)	(18,223)	(14,603)	(16,703)	(8,125)	(10,289)
Purchases of property and equipment	249	995	256	230	12	100
Net cash from investing activities	(26,111)	(6,937)	14,913	5,178	7,312	(387)
Proceeds from issuing equity	12,400	—	—	—	—	—
Dividends paid	—	—	0	58	120	0
Net cash from financing activities	37,961	13,450	83	10,150	468	10,534
Net change in cash	(337)	(11,710)	393	(1,375)	—	—

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.