Wrap Technologies Q2 revenue $1.0M, opex down 26% QoQ, cash use improves

WRAP TECHNOLOGIES, INC.

2025-Q2 EPS reported -$0.07 revenue$1,778,000

Revenue $1.0M in Q2 2025, $1.8M in H1 2025; focus on customer acquisition and new Go-To-Market strategy.
Operating expenses reduced 26% QoQ to $3.3M; year-to-date opex down 14% to $7.9M.
Net cash from operations improved $2.2M YoY to $5.0M in H1 2025; cash balance $4.2M, up 16% from Dec 2024.
Appointed Jerry Ratigan as CFO; launched WrapVision body-worn camera; expects new Virginia manufacturing facility in August.
Amended warrants to reclassify liability to additional paid-in capital, reducing non-cash earnings volatility.

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