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
Delaware
Fiscal year end
December 31
Latest financial report
10-K - Q4 2023 - Aug 28, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 202 % -82.9%
Quick Ratio 48.9 % -56%
Debt-to-equity 76.3 % +690%
Return On Equity -180 % -224%
Return On Assets -102 % -102%
Operating Margin -305 % -38.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.9M shares +3.72%
Common Stock, Shares, Outstanding 43.9M shares +6.51%
Entity Public Float 59.5M USD -21.9%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.3M shares +2.79%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 6.13M USD -23.8%
Cost of Revenue 3.23M USD -25.2%
Research and Development Expense 3.27M USD -35.7%
Operating Income (Loss) -18.7M USD -5.6%
Nonoperating Income (Expense) -11.5M USD -10275%
Net Income (Loss) Attributable to Parent -30.2M USD -71.5%
Earnings Per Share, Basic -0.72 USD/shares -67.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.96M USD -25.8%
Accounts Receivable, after Allowance for Credit Loss, Current 3.03M USD +6.89%
Inventory, Net 5.79M USD +45.8%
Assets, Current 21.2M USD -21%
Property, Plant and Equipment, Net 509K USD -32.9%
Operating Lease, Right-of-Use Asset 2.26M USD +692%
Intangible Assets, Net (Excluding Goodwill) 2.65M USD +3.08%
Goodwill 1.61M USD
Other Assets, Noncurrent 251K USD +151%
Assets 28.5M USD -6.77%
Accounts Payable, Current 1.11M USD -21.8%
Employee-related Liabilities, Current 325K USD -70.5%
Accrued Liabilities, Current 692K USD -52.7%
Contract with Customer, Liability, Current 189K USD +31.3%
Liabilities, Current 23.5M USD +646%
Contract with Customer, Liability, Noncurrent 176K USD +12.8%
Operating Lease, Liability, Noncurrent 1.67M USD +766%
Liabilities 25.3M USD +621%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD -100%
Retained Earnings (Accumulated Deficit) -98M USD -45.4%
Stockholders' Equity Attributable to Parent 3.16M USD -88.3%
Liabilities and Equity 28.5M USD -6.77%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.07M USD +36.8%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 7.24M USD +49.2%
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 43.9M shares +6.51%
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 4.17M USD +5319%
Deferred Tax Assets, Valuation Allowance 20.3M USD +27.1%
Deferred Tax Assets, Gross 21M USD +27.4%
Operating Lease, Liability 2.29M USD +660%
Depreciation 479K USD +0.84%
Payments to Acquire Property, Plant, and Equipment 15K USD -81.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -30.6M USD -74.8%
Lessee, Operating Lease, Liability, to be Paid 3.85M USD +1095%
Property, Plant and Equipment, Gross 1.92M USD +14.5%
Operating Lease, Liability, Current 616K USD +470%
Lessee, Operating Lease, Liability, to be Paid, Year Two 567K USD +350%
Lessee, Operating Lease, Liability, to be Paid, Year One 443K USD +266%
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure +180%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.56M USD +7333%
Lessee, Operating Lease, Liability, to be Paid, Year Three 507K USD +576%
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 99.1M USD +5.09%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 345K USD +20.2%
Depreciation, Depletion and Amortization 200K USD +9.29%
Share-based Payment Arrangement, Expense 1.99M USD -38.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%