Owlet, Inc. financial data

Symbol
OWLT on NYSE, OWLTW on OTC
Industry
Measuring & Controlling Devices, NEC
Location
3300 North Ashton Boulevard, Suite 300, Lehi, Utah
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Sandbridge Acquisition Corp (to 7/16/2021)
Latest financial report
Q1 2024 - May 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 97.3 % -8.45%
Quick Ratio 21.6 % -34.3%
Debt-to-equity -220 % +96.5%
Return On Equity 54.8 % -98.9%
Return On Assets -37.9 % +53.5%
Operating Margin -40.4 % +68.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.96 M shares -92.4%
Common Stock, Shares, Outstanding 9.01 M shares -92.3%
Entity Public Float 25.8 M USD -79%
Common Stock, Value, Issued 1 K USD -91.7%
Weighted Average Number of Shares Outstanding, Basic 8.74 M shares +7.76%
Weighted Average Number of Shares Outstanding, Diluted 9.62 M shares +18.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 58 M USD -0.64%
Research and Development Expense 9.81 M USD -55.9%
Selling and Marketing Expense 14.1 M USD -53.4%
General and Administrative Expense 24.5 M USD -38.9%
Operating Income (Loss) -23.4 M USD +68.3%
Nonoperating Income (Expense) 2.45 M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -17.8 M USD +71.6%
Income Tax Expense (Benefit) 10 K USD -54.5%
Net Income (Loss) Attributable to Parent -17.8 M USD +71.6%
Earnings Per Share, Basic -2.84 USD/shares +74.8%
Earnings Per Share, Diluted -3.5 USD/shares +68.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 18.4 M USD -25.7%
Accounts Receivable, after Allowance for Credit Loss, Current 11.6 M USD -24.7%
Inventory, Net 7.74 M USD -47.5%
Assets, Current 40 M USD -33.1%
Property, Plant and Equipment, Net 284 K USD -65.9%
Operating Lease, Right-of-Use Asset 581 K USD -69.9%
Intangible Assets, Net (Excluding Goodwill) 2.21 M USD -2.69%
Assets 43.8 M USD -33.5%
Accounts Payable, Current 16.1 M USD -47.9%
Accrued Liabilities, Current 11 M USD -21.6%
Contract with Customer, Liability, Current 1.14 M USD +9.79%
Liabilities, Current 39.5 M USD -22.2%
Operating Lease, Liability, Noncurrent 22 K USD -98.1%
Other Liabilities, Noncurrent 705 K USD -64.9%
Liabilities 65.6 M USD -19.9%
Retained Earnings (Accumulated Deficit) -252 M USD -7.57%
Stockholders' Equity Attributable to Parent -32.9 M USD -63.3%
Liabilities and Equity 43.8 M USD -33.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.34 M USD +64.4%
Net Cash Provided by (Used in) Financing Activities 5.23 M USD -77.2%
Net Cash Provided by (Used in) Investing Activities -54 K USD -575%
Common Stock, Shares Authorized 107 M shares -89.3%
Common Stock, Shares, Issued 9.01 M shares -92.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.84 M USD -86.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.4 M USD -25.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.88 M USD +74.5%
Deferred Tax Assets, Valuation Allowance 55.2 M USD +8.85%
Deferred Tax Assets, Gross 55.4 M USD +8.1%
Operating Lease, Liability 1.19 M USD -63.5%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -19.4 M USD +43.8%
Lessee, Operating Lease, Liability, to be Paid 1.22 M USD -64.4%
Property, Plant and Equipment, Gross 3.74 M USD -9.85%
Operating Lease, Liability, Current 1.17 M USD -44.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22 K USD -98.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.2 M USD -46.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 28 K USD -82.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 18 K USD -98.1%
Deferred Tax Assets, Operating Loss Carryforwards 43.7 M USD +14.9%
Preferred Stock, Shares Authorized 100 M shares
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 2.26 M USD +83.3%
Additional Paid in Capital 219 M USD +2.48%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 109 K USD -62.8%
Share-based Payment Arrangement, Expense 9.37 M USD -24%
Interest Expense 540 K USD -85.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares