Wrap Technologies, Inc. balance sheet

At the end of fiscal 2025, Wrap Technologies, Inc. had total assets of $15.4m, total liabilities of $3.9m and shareholders' equity of $11.5m. It held $3.5m in cash against $0 of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Wrap Technologies, Inc.: balance sheet, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	3	12	17	17	5	5	4	4	3	5
Receivables	0	0	0	2	4	3	3	1	3	3
Inventory	0	0	2	3	2	4	6	6	5	4
Total current assets	3	13	20	47	41	27	21	10	11	13
Goodwill	—	—	—	—	—	0	2	0	0	—
Total assets	3	13	20	49	44	31	29	15	15	15
Accounts payable	0	0	0	1	2	1	1	1	1	1
Deferred revenue (current)	—	—	—	0	0	0	0	0	0	0
Total current liabilities	0	0	1	2	3	3	24	13	2	2
Total debt	0	0	0	0	0	0	0	0	0	0
Total liabilities	—	0	1	2	3	4	25	15	4	2
Shareholders' equity	3	12	19	46	41	27	3	0	11	13
Shares outstanding	23m	27m	30m	38m	41m	41m	44m	47m	52m	56m

US$ millions unless shown otherwise. Fiscal quarters.

Wrap Technologies, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	1	1	1	1	2	3	2	3
Inventory	6	6	6	6	5	5	5	4
Total current assets	12	10	13	11	14	11	14	13
Goodwill	2	0	—	—	—	0	—	—
Total assets	19	15	18	16	18	15	17	15
Accounts payable	1	1	0	1	1	1	1	1
Deferred revenue (current)	1	0	0	0	0	0	0	0
Total current liabilities	11	13	14	2	2	2	2	2
Total liabilities	12	15	15	4	4	4	2	2
Shareholders' equity	6	0	3	12	14	11	14	13
Shares outstanding	46m	47m	50m	51m	51m	52m	56m	56m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Wrap Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Wrap Technologies, Inc.