Wrap Technologies, Inc. financial data

Symbol
WRAP on Nasdaq
Industry
Ordnance & Accessories, (No Vehicles/Guided Missiles)
Location
1817 W 4 Th Street, Tempe, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2023 - Nov 14, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 368 % -72.8%
Quick Ratio 77.8 % -14.6%
Debt-to-equity 32.3 % +289%
Return On Equity -67.5 % -23.2%
Return On Assets -51 % -0.89%
Operating Margin -172 % +91.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.2 M shares +7.51%
Common Stock, Shares, Outstanding 43.3 M shares +5.26%
Entity Public Float 76.2 M USD -63%
Common Stock, Value, Issued 4 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.7 M shares +3.81%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9.13 M USD +823%
Cost of Revenue 4.23 M USD +2.25%
Research and Development Expense 3.56 M USD -41.9%
Operating Income (Loss) -15.7 M USD +19%
Nonoperating Income (Expense) 338 K USD +538%
Net Income (Loss) Attributable to Parent -15.4 M USD +20.5%
Earnings Per Share, Basic -0.38 USD/shares +19.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.93 M USD +28.9%
Accounts Receivable, after Allowance for Credit Loss, Current 4.32 M USD +94.5%
Inventory, Net 5.82 M USD +46.3%
Assets, Current 25.8 M USD -12.4%
Property, Plant and Equipment, Net 533 K USD -34.9%
Operating Lease, Right-of-Use Asset 205 K USD -34.1%
Intangible Assets, Net (Excluding Goodwill) 3.32 M USD +74.7%
Goodwill 1.61 M USD
Other Assets, Noncurrent 166 K USD +1409%
Assets 31.7 M USD -2.62%
Accounts Payable, Current 1.55 M USD +63.6%
Employee-related Liabilities, Current 786 K USD +3.56%
Accrued Liabilities, Current 1.13 M USD +13.8%
Contract with Customer, Liability, Current 189 K USD +31.3%
Liabilities, Current 10.8 M USD +395%
Contract with Customer, Liability, Noncurrent 176 K USD +12.8%
Operating Lease, Liability, Noncurrent 105 K USD -52.5%
Liabilities 11.1 M USD +333%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) -79.4 M USD -24.4%
Stockholders' Equity Attributable to Parent 20.6 M USD -31.3%
Liabilities and Equity 31.7 M USD -2.62%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.07 M USD +36.8%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 7.24 M USD +49.2%
Common Stock, Shares Authorized 150 M shares 0%
Common Stock, Shares, Issued 43.3 M shares +5.26%
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 4.17 M USD +5319%
Deferred Tax Assets, Valuation Allowance 16 M USD +30.8%
Deferred Tax Assets, Gross 16.5 M USD +28%
Operating Lease, Liability 301 K USD +438%
Depreciation 475 K USD +2.37%
Payments to Acquire Property, Plant, and Equipment 15 K USD -81.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -15.3 M USD +20.5%
Lessee, Operating Lease, Liability, to be Paid 322 K USD +465%
Property, Plant and Equipment, Gross 1.82 M USD +12.4%
Operating Lease, Liability, Current 116 K USD +9.43%
Lessee, Operating Lease, Liability, to be Paid, Year Two 126 K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 121 K USD +112%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -28.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 21 K USD +2000%
Lessee, Operating Lease, Liability, to be Paid, Year Three 75 K USD
Deferred Tax Assets, Operating Loss Carryforwards 14.9 M USD +26.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5 M shares 0%
Additional Paid in Capital 97.9 M USD +4.46%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 389 K USD +54.4%
Depreciation, Depletion and Amortization 200 K USD +9.29%
Share-based Payment Arrangement, Expense 2.24 M USD -38.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%