Wrap Technologies, Inc. financial data

Symbol
WRAP on Nasdaq
Industry
Ordnance & Accessories, (No Vehicles/Guided Missiles)
Location
1817 W 4 Th Street, Tempe, AZ
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 96.2 % -73.9%
Quick Ratio 36.3 % -53.4%
Debt-to-equity 424 % +1214%
Return On Equity -373 % -452%
Return On Assets -71.1 % -39.3%
Operating Margin -415 % -142%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.9M shares +3.74%
Common Stock, Shares, Outstanding 45.9M shares +5.96%
Entity Public Float 59.5M USD -21.9%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 45.9M shares +7.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.23M USD -53.6%
Cost of Revenue 2.47M USD -41.7%
Research and Development Expense 2.54M USD -28.4%
Operating Income (Loss) -17.6M USD -12%
Nonoperating Income (Expense) 888K USD +163%
Net Income (Loss) Attributable to Parent -16.7M USD -8.64%
Earnings Per Share, Basic -0.41 USD/shares -7.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.87M USD -1.36%
Accounts Receivable, after Allowance for Credit Loss, Current 778K USD -82%
Inventory, Net 6.31M USD +8.51%
Assets, Current 12.2M USD -52.6%
Property, Plant and Equipment, Net 210K USD -60.6%
Operating Lease, Right-of-Use Asset 2.04M USD +895%
Intangible Assets, Net (Excluding Goodwill) 2.44M USD -26.5%
Goodwill 1.64M USD +1.74%
Other Assets, Noncurrent 214K USD +28.9%
Assets 18.8M USD -40.7%
Accounts Payable, Current 1.28M USD -17.3%
Employee-related Liabilities, Current 111K USD -85.9%
Accrued Liabilities, Current 1.01M USD -10.7%
Contract with Customer, Liability, Current 622K USD +229%
Liabilities, Current 10.7M USD -1.5%
Contract with Customer, Liability, Noncurrent 51K USD -71%
Operating Lease, Liability, Noncurrent 1.68M USD +1495%
Liabilities 12.4M USD +11.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) -97.3M USD -22.5%
Stockholders' Equity Attributable to Parent 6.41M USD -68.9%
Liabilities and Equity 18.8M USD -40.7%

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 45.9M shares +5.96%
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 2.19M USD
Depreciation 433K USD -8.84%
Payments to Acquire Property, Plant, and Equipment 14K USD -6.67%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -17.3M USD -12.7%
Lessee, Operating Lease, Liability, to be Paid 3.48M USD
Property, Plant and Equipment, Gross 1.93M USD +6.05%
Operating Lease, Liability, Current 514K USD +343%
Lessee, Operating Lease, Liability, to be Paid, Year Two 567K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 72K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.15 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.29M 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 104M USD +5.89%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 362K USD -6.94%
Depreciation, Depletion and Amortization 223K USD +11.5%
Share-based Payment Arrangement, Expense 2.15M USD -4.14%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%