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Side-by-side financial comparison of Scinai Immunotherapeutics Ltd. (SCNI) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

WRAP TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.4M vs $773.0K, roughly 1.8× Scinai Immunotherapeutics Ltd.). On growth, Scinai Immunotherapeutics Ltd. posted the faster year-over-year revenue change (172.2% vs 62.3%).

Wrap Technologies, Inc. develops non-lethal safety solutions for law enforcement, corrections, and private security sectors across North America and global markets. Its core products include remote restraint devices and training services designed to reduce use-of-force injuries and improve public safety outcomes.

SCNI vs WRAP — Head-to-Head

Bigger by revenue
WRAP
WRAP
1.8× larger
WRAP
$1.4M
$773.0K
SCNI
Growing faster (revenue YoY)
SCNI
SCNI
+109.9% gap
SCNI
172.2%
62.3%
WRAP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
SCNI
SCNI
WRAP
WRAP
Revenue
$773.0K
$1.4M
Net Profit
$-3.9M
Gross Margin
52.3%
Operating Margin
-281.1%
Net Margin
-280.9%
Revenue YoY
172.2%
62.3%
Net Profit YoY
48.1%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SCNI
SCNI
WRAP
WRAP
Q4 25
$1.4M
Q3 25
$1.5M
Q2 25
$773.0K
$1.0M
Q1 25
$765.0K
Q4 24
$865.0K
Q3 24
$593.0K
Q2 24
$284.0K
$1.6M
Q1 24
$1.5M
Net Profit
SCNI
SCNI
WRAP
WRAP
Q4 25
$-3.9M
Q3 25
$-2.8M
Q2 25
$-3.7M
Q1 25
$109.0K
Q4 24
$-7.6M
Q3 24
$2.0M
Q2 24
$-385.0K
Q1 24
$117.0K
Gross Margin
SCNI
SCNI
WRAP
WRAP
Q4 25
52.3%
Q3 25
59.2%
Q2 25
48.1%
Q1 25
77.8%
Q4 24
47.4%
Q3 24
39.6%
Q2 24
62.6%
Q1 24
56.6%
Operating Margin
SCNI
SCNI
WRAP
WRAP
Q4 25
-281.1%
Q3 25
-185.2%
Q2 25
-282.2%
Q1 25
-512.7%
Q4 24
-535.5%
Q3 24
-611.5%
Q2 24
-201.5%
Q1 24
-280.4%
Net Margin
SCNI
SCNI
WRAP
WRAP
Q4 25
-280.9%
Q3 25
-186.0%
Q2 25
-368.3%
Q1 25
14.2%
Q4 24
-878.3%
Q3 24
335.6%
Q2 24
-24.5%
Q1 24
7.9%
EPS (diluted)
SCNI
SCNI
WRAP
WRAP
Q4 25
Q3 25
$-0.06
Q2 25
$-0.07
Q1 25
Q4 24
Q3 24
$0.04
Q2 24
$-0.02
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SCNI
SCNI
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$989.0K
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.9M
$11.5M
Total Assets
$11.8M
$15.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCNI
SCNI
WRAP
WRAP
Q4 25
$3.5M
Q3 25
$6.0M
Q2 25
$989.0K
$4.2M
Q1 25
$6.2M
Q4 24
$3.6M
Q3 24
$4.9M
Q2 24
$3.1M
$4.6M
Q1 24
$8.2M
Stockholders' Equity
SCNI
SCNI
WRAP
WRAP
Q4 25
$11.5M
Q3 25
$14.1M
Q2 25
$7.9M
$11.8M
Q1 25
$2.6M
Q4 24
$250.0K
Q3 24
$6.4M
Q2 24
$-7.3M
$3.8M
Q1 24
$4.5M
Total Assets
SCNI
SCNI
WRAP
WRAP
Q4 25
$15.4M
Q3 25
$18.2M
Q2 25
$11.8M
$15.6M
Q1 25
$18.0M
Q4 24
$15.1M
Q3 24
$18.8M
Q2 24
$14.9M
$21.8M
Q1 24
$24.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SCNI
SCNI
WRAP
WRAP
Operating Cash FlowLast quarter
$-2.7M
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-190.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCNI
SCNI
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.6M
Q2 25
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
$330.0K
Q2 24
$-3.5M
Q1 24
$-3.7M
Free Cash Flow
SCNI
SCNI
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.7M
Q2 25
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
Q2 24
$-3.5M
Q1 24
$-3.7M
FCF Margin
SCNI
SCNI
WRAP
WRAP
Q4 25
-190.3%
Q3 25
-181.1%
Q2 25
-192.3%
Q1 25
-401.4%
Q4 24
-139.5%
Q3 24
Q2 24
-224.2%
Q1 24
-253.3%
Capex Intensity
SCNI
SCNI
WRAP
WRAP
Q4 25
0.5%
Q3 25
5.7%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.9%
Cash Conversion
SCNI
SCNI
WRAP
WRAP
Q4 25
Q3 25
Q2 25
Q1 25
-28.16×
Q4 24
Q3 24
0.17×
Q2 24
Q1 24
-31.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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