Core Insights - Wrap Technologies, Inc. reported financial and operational results for Q1 2025, highlighting significant improvements in cash reserves, margins, and operating loss [1][2][6]. Financial Results - Cash increased to $6.2 million, up from $3.6 million in Q1 2024 [6]. - Margins improved by over 21 points, rising from 56.6% in Q1 2024 to 77.8% in Q1 2025, with the cost of revenue decreasing by 73.4%, from $640 thousand to $170 thousand [6]. - Q1 2025 revenue was $765 thousand, while net income was $109 thousand compared to $117 thousand in Q1 2024 [6]. Operational Highlights - The company is preparing to launch a revamped training and learning management system [6]. - Customer reports indicate increased deployments of the BolaWrap solution, particularly in departments with Crisis Intervention Teams responding to mental health crises [6]. - The company completed the acquisition of W1 Global, LLC, enhancing its capabilities in managed services and consulting [6]. - Leadership was expanded with the addition of former FBI executives to strengthen support offerings and international growth strategies [6].

Core Points - Wrap Technologies, Inc. plans to hold a conference call on May 16, 2025, to discuss its financial and operational results for Q1 2025 [1][2] - The earnings press release will be available on the company's website prior to the call [2] - Wrap Technologies is recognized as a global leader in public safety solutions, integrating advanced technology with skilled personnel to tackle modern public safety challenges [3] Financial and Operational Results - The financial results for the three months ended March 31, 2025, will be discussed during the conference call [1] - Interested parties can submit questions related to the company's strategic direction and execution before the call [2] Product Offerings - The BolaWrap® solution is designed to safely restrain individuals from a distance, reducing the risk of injury and allowing officers to manage non-compliant situations effectively [4] - Wrap Reality™ VR is a training simulator that enhances decision-making for first responders through realistic scenarios [5] - The Intrensic solution is a body-worn camera and evidence management system that ensures the integrity and compliance of digital evidence [6]