{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-012909","form_type":"8-K","ticker":"WRAP","cik":"0001702924","company_name":"WRAP TECHNOLOGIES, INC.","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.941125+00:00","generated_at":"2026-05-15T08:51:23.391625+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 Q4 revenue up 62%, targets 100% growth in 2026","bullets":["Q4 gross revenue $1.4M (+62% YoY); product sales doubled to $1.2M; net loss improved 48% to $(3.9)M.","FY 2025 gross revenue $5.2M (+15% YoY); technology-enabled services revenue $1.7M (+85% YoY).","Operating expenses down 10% to $16.2M; loss from operations improved 13% to $(13.5)M.","Targeting approx. 100% revenue growth in 2026; focus on fleet-wide deployments and international expansion.","Over 10,000 BolaWrap units deployed; new products (WrapTactics, WrapVision) and federal market entry via Wrap Federal."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-012909","json":"https://secwatch.observer/filing/0001493152-26-012909.json","markdown":"https://secwatch.observer/filing/0001493152-26-012909.md","text":"https://secwatch.observer/filing/0001493152-26-012909.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226012909/0001493152-26-012909-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226012909/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:51:23.391625+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":"be11b0a40a9e11e269c7122ec5fc1138a2b7860c","claim":"WRAP TECHNOLOGIES, INC. reported fourth quarter and full year ended December 31, 2025 results: revenue $1.4 million, net income $(3.9) million.","evidence_excerpt":"operating efficiency as the Company targets approximately 100% revenue growth in 2026. Fourth Quarter 2025 Financial Highlights (vs. Q4 2024): ● Gross revenue increased 62% to $1.4 million, compared to $0.9 million in the prior-year period ● Product sales more than doubled to $1.2 million, compared to $0.6 million in the prior-year quarter, driven by increased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702924/000149315226012909/0001493152-26-012909-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2025"},{"label":"Revenue","value":"$1.4 million"},{"label":"Net income","value":"$(3.9) million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}