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Wrap Technologies WRAP Increase (Decrease) in Prepaid Expense and Other Assets

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Other financials

Income statement

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Revenue$1.1M+45.2%
Gross profit$691.0K+16.1%
Operating income-$4.8M-21.6%
Net income-$4.5M-4,265%
EPS (diluted)-$0.09

Balance sheet

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Cash & equivalents$7.3M+17.7%
Total debt$459.0K-78.4%
Total equity$14.4M+462%
Total assets$16.7M-7.0%

Cash flow

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Operating cash flow-$1.2M+59.4%
CapEx$5.0K+150%
Free cash flow-$1.3M+59.3%

Valuation

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Market cap$71.9M+2.9%
Enterprise value$65.1M-3.3%
P/S14.3×-7.3×

Profitability

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Gross margin55.7%-2.9pp
Operating margin-285.6%-64.9pp
Net margin-298.6%+3,778pp
FCF margin-170.8%-24.7pp

Returns & leverage

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Return on equity-176.3%+10.5pp
Debt / equity-0.8×
Current ratio7.6×+6.6×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Wrap Technologies’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wrap Technologies's increase (decrease) in prepaid expense and other assets?
Wrap Technologies (WRAP) reported increase (decrease) in prepaid expense and other assets of $380K in Q1 2026.
How has Wrap Technologies's increase (decrease) in prepaid expense and other assets changed year-over-year?
Wrap Technologies's increase (decrease) in prepaid expense and other assets decreased by 5.9% year-over-year, from $404K to $380K.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.