secwatch.observer — SEC 8-K summary
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Issuer:     WRAP TECHNOLOGIES, INC. (WRAP)
CIK:        0001702924
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0001493152-26-012909
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wrap Tech Q4 revenue up 62%, targets 100% growth in 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702924/000149315226012909/0001493152-26-012909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702924/000149315226012909/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-012909

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer