Wrap Technologies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-10.3M | $-5.9M | $-30.2M | $-17.6M | $-24.4M | $-12.6M | $-8.3M | $-3.3M |
| Depreciation & Amortization | $594.0K | $827.0K | $823.0K | $762.0K | $478.0K | $163.0K | $46.9K | $21.9K |
| Depreciation | $113.0K | $377.0K | $479.0K | $475.0K | $297.0K | $144.0K | $44.2K | $20.5K |
| Amortization | $481.0K | $450.0K | $345.0K | $287.0K | $182.0K | $18.0K | $2.7K | $1.4K |
| Stock-Based Compensation | $4.1M | $2.4M | $2.0M | $3.2M | $5.4M | $2.2M | $1.5M | $513.0K |
| Net Cash from Operating Activities | $-10.3M | $-8.1M | $-16.7M | $-14.6M | $-18.2M | $-12.2M | $-8.5M | $-2.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $100.0K | $12.0K | $230.0K | $256.0K | $995.0K | $249.0K | $256.7K | $14.2K |
| Business Acquisitions | $0 | $20.0K | $554.0K | $0 | $0 | $210.0K | $0 | — |
| Net Cash from Investing Activities | $-387.0K | $7.3M | $5.2M | $14.9M | $-6.9M | $-26.1M | $-382.2K | $-134.3K |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $120.0K | $58.0K | $0 | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $10.5M | $468.0K | $10.2M | $83.0K | $13.5M | $38.0M | $13.5M | $12.1M |
| Net Change in Cash | — | — | $-1.4M | $393.0K | $-11.7M | $-337.0K | — | — |
| Free Cash Flow | $-10.4M | $-8.1M | $-16.9M | $-14.9M | $-19.2M | $-12.4M | $-8.7M | $-2.7M |