What is Wrap Technologies's noncash lease expense?

Wrap Technologies (WRAP) reported noncash lease expense of $54K in Q1 2026.

What does noncash lease expense mean?

This metric quantifies the portion of lease costs that does not involve an immediate cash outflow, typically related to the amortization of right-of-use assets. It is used to reconcile net income with operating cash flows by isolating non-cash accounting entries from actual lease payments. Monitoring this helps analysts distinguish between operational cash burn and accounting-driven expenses.

Wrap Technologies WRAP Noncash Lease Expense

Noncash Lease Expense at other companies

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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-5.9%

Enterprise value$65.1M-12.3%

P/S14.3×-9.3×

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 / equity0×-0.8×

Current ratio7.6×+6.6×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept wrap:NoncashLeaseExpense.

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 noncash lease expense?: Wrap Technologies (WRAP) reported noncash lease expense of $54K in Q1 2026.
What does noncash lease expense mean?: This metric quantifies the portion of lease costs that does not involve an immediate cash outflow, typically related to the amortization of right-of-use assets. It is used to reconcile net income with operating cash flows by isolating non-cash accounting entries from actual lease payments. Monitoring this helps analysts distinguish between operational cash burn and accounting-driven expenses.