{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-021986","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2025-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.196977+00:00","generated_at":"2026-05-16T21:19:15.752283+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Wrap Technologies Q3 gross revenue $2.0M (+241% YoY); operating loss narrows 24% to $2.8M","bullets":["Gross revenue $2.0M, up 241% from $0.6M in Q3 2024; net revenue $1.5M, up 151%.","Gross margin expanded to 59% from 40%; gross profit $0.9M, up 276%.","Recurring subscription revenue $236k, ~12% of total gross revenue.","Operating expenses $3.6M, down 6% YoY; operating loss improved to $2.8M from $3.6M.","Nine-month operating loss improved to $9.5M from $10.9M; cash improvements noted."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-021986","json":"https://secwatch.observer/filing/0001493152-25-021986.json","markdown":"https://secwatch.observer/filing/0001493152-25-021986.md","text":"https://secwatch.observer/filing/0001493152-25-021986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000149315225021986/0001493152-25-021986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000149315225021986/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T21:19:15.752283+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}