Wrap Technologies, Inc. $WRAP

What the company doesAI summary of filing

Wrap Technologies is a public safety technology and services company that develops and sells non-lethal solutions for law enforcement, corrections, defense, and other public safety organizations. The company's core product is the BolaWrap device, a handheld non-lethal weapon that deploys a Kevlar tether to limit a subject's mobility, along with consumable cassettes that generate recurring revenue. The company also provides Wrap Reality virtual reality training software, WrapTactics digital training platform, WrapVision body-worn cameras with digital evidence management, and is developing counter-unmanned aircraft systems technology. The company is revenue-generating but has reported operating losses; it generated $5.2 million in gross revenue during 2025 with a net loss of $13.5 million, and continues to rely on equity financing to fund operations. [10-K 2026-03-26]

Segments: BolaWrap (non-lethal device and consumable cassettes), Wrap Reality (virtual reality training platform), WrapTactics (digital training platform), WrapVision (body-worn cameras and digital evidence management)