WRAP TECHNOLOGIES, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.7M | $4.5M | $6.1M | $8.0M | $7.7M |
| Gross profit | $2.7M | $2.5M | $2.9M | $3.7M | $2.0M |
| Operating income | -$13.5M | -$15.6M | -$18.7M | -$17.7M | -$24.5M |
| Operating expenses | $16.2M | $18.0M | $21.6M | $21.5M | $26.5M |
| Cost of revenue | $2.0M | $2.0M | $3.2M | $4.3M | $5.0M |
| Cash from operations | -$10.3M | -$8.1M | -$16.7M | -$14.6M | -$18.2M |
| Capital expenditure | $100,000 | $12,000 | $230,000 | $256,000 | $995,000 |
| Free cash flow | -$10.4M | -$8.1M | -$16.9M | -$14.9M | -$19.2M |
| Impairments | — | $1.6M | — | $0 | $0 |
| Total assets | $15.4M | $15.1M | $28.5M | $30.6M | $44.2M |
| Total liabilities | $3.9M | $14.9M | $25.3M | $3.5M | $3.0M |
Shares outstanding 55.7M · Free float 67.6%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.