{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-032356","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.102462+00:00","generated_at":"2026-06-08T01:17:42.650953+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wrap Tech Q3 2023 revenue up 114% to $3.63M, record quarterly revenue","bullets":["Net revenue $3.63M vs $1.70M YoY; gross profit up 139% to $2.18M (60% margin).","Net loss narrowed 28% to $(2.78M) or $(0.07)/share from $(3.87M) or $(0.09)/share.","International revenue surged 940% to $2.29M; Americas revenue $1.34M.","Backlog $365K; cash & equivalents $14.9M vs $19.3M at Dec 2022.","Trained agencies grew 14% to 1,480; certified instructors up 14% to 5,200."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-032356","json":"https://secwatch.observer/filing/0001437749-23-032356.json","markdown":"https://secwatch.observer/filing/0001437749-23-032356.md","text":"https://secwatch.observer/filing/0001437749-23-032356.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923032356/0001437749-23-032356-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923032356/wrap20231116_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:17:42.650953+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"848fc214f5b7eeef6036115ebb23dfcd10f90b2d","claim":"WRAP TECHNOLOGIES, INC. reported the third quarter ended September 30, 2023 results: revenue $3.63 million, net income $(2.78) million, or $(0.07) per share, EPS $(0.07) per share. Guidance raised.","evidence_excerpt":"a 14% increase from the prior year period. ● Backlog was approximately $365 thousand at September 30, 2023. Third Quarter 2023 Financial Results ● Net revenue increased 114% to $3.63 million from $1.70 million in the prior year period. Revenue in the Americas was $1.34 million as compared to $1.48 million in the prior year period, while international revenue grew","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000143774923032356/0001437749-23-032356-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$3.63 million"},{"label":"Net income","value":"$(2.78) million, or $(0.07) per share"},{"label":"EPS","value":"$(0.07) per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}