Wrap Technologies, Inc. financial data

Symbol
WRAP on Nasdaq
Location
1817 W 4 Th Street, Tempe, AZ
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Oct 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 116 % -78.9%
Quick Ratio 35.5 % -65.5%
Debt-to-equity 233 % +1021%
Return On Equity -268 % -309%
Return On Assets -80.4 % -48.2%
Operating Margin -230 % +1.92%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.9M shares +3.74%
Common Stock, Shares, Outstanding 45.8M shares +9.26%
Entity Public Float 59.5M USD -21.9%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 45.3M shares +8.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 7.27M USD +0.99%
Cost of Revenue 3.56M USD -0.14%
Research and Development Expense 2.63M USD -37.2%
Operating Income (Loss) -16.7M USD +0.95%
Nonoperating Income (Expense) -4.76M USD -1242%
Net Income (Loss) Attributable to Parent -21.5M USD -30.5%
Earnings Per Share, Basic -0.52 USD/shares -30%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.06M USD -82.3%
Accounts Receivable, after Allowance for Credit Loss, Current 3.26M USD +67.4%
Inventory, Net 6.49M USD -0.48%
Assets, Current 15M USD -45.2%
Property, Plant and Equipment, Net 292K USD -50.3%
Operating Lease, Right-of-Use Asset 2.11M USD +811%
Intangible Assets, Net (Excluding Goodwill) 2.53M USD -2.4%
Goodwill 1.61M USD
Other Assets, Noncurrent 214K USD +210%
Assets 21.8M USD -29.5%
Accounts Payable, Current 1.14M USD -41%
Employee-related Liabilities, Current 216K USD -72.2%
Accrued Liabilities, Current 1.15M USD -86.5%
Contract with Customer, Liability, Current 452K USD +114%
Liabilities, Current 16.2M USD +49.3%
Contract with Customer, Liability, Noncurrent 133K USD +3.1%
Operating Lease, Liability, Noncurrent 1.64M USD +1113%
Liabilities 17.9M USD +61.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) -99M USD -29.5%
Stockholders' Equity Attributable to Parent 3.84M USD -80.6%
Liabilities and Equity 21.8M USD -29.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.72M USD -21.4%
Net Cash Provided by (Used in) Financing Activities 528K USD
Net Cash Provided by (Used in) Investing Activities 2.42M USD -66.6%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 45.8M shares +9.26%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -776K USD -119%
Deferred Tax Assets, Valuation Allowance 20.3M USD +27.1%
Deferred Tax Assets, Gross 21M USD +27.4%
Operating Lease, Liability 2.26M USD
Depreciation 473K USD -0.21%
Payments to Acquire Property, Plant, and Equipment 14K USD -6.67%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -22M USD -35%
Lessee, Operating Lease, Liability, to be Paid 3.63M USD
Property, Plant and Equipment, Gross 1.93M USD +10.9%
Operating Lease, Liability, Current 621K USD +450%
Lessee, Operating Lease, Liability, to be Paid, Year Two 567K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 222K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.37M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 507K USD
Deferred Tax Assets, Operating Loss Carryforwards 17M USD +14.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 522K USD
Additional Paid in Capital 103M USD +6.87%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 398K USD +28%
Depreciation, Depletion and Amortization 223K USD +11.5%
Share-based Payment Arrangement, Expense 1.05M USD -68.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%