Wrap Technologies WRAP WRAP Ready — Deferred Revenue
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Where this comes from
Reported directly by Wrap Technologies in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
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 WRAP ready — deferred revenue?
- Wrap Technologies (WRAP) reported WRAP ready — deferred revenue of $27K in Q1 2026.
- What does WRAP ready — deferred revenue mean?
- This metric represents the deferred revenue or performance obligations associated with the WRAP Ready service program, where customers have paid in advance for future training, support, or equipment maintenance. It reflects the company's obligation to deliver ongoing services or product access over the duration of the contract term. Monitoring this balance provides insight into the company's future revenue visibility and the growth trajectory of its recurring service-based business model.