---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035401"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:49:50.731868+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies reports Q3 revenue $593K; operating expenses down 22% YoY

## Summary
- Operating expenses reduced 22% YoY to $3.9M from $4.9M; net cash used in operations improved by $6.0M YTD to $6.9M.
- Q3 2024 revenue of $593K; year-to-date revenue $3.6M; monetizing $25M finished goods inventory.
- Subscription services increased; integrated offering with partners expected launch Q1 2025.
- Stockholders' equity meets Nasdaq minimum requirements; company highlights cost controls and financial stability.

## SEC filing metadata
- accession: 0001437749-24-035401
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000143774924035401/0001437749-24-035401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000143774924035401/wrap20241114_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035401
- JSON: https://secwatch.observer/filing/0001437749-24-035401.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035401.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.