Wisa Technologies, Inc. financial data

Symbol
WISA on Nasdaq
Industry
Semiconductors & Related Devices
Location
15268 Nw Greenbrier Pkwy, Beaverton, OR
State of incorporation
DE
Fiscal year end
December 31
Former names
Summit Wireless Technologies, Inc. (to 3/11/2022), Summit Semiconductor Inc. (to 9/14/2018), SUMMIT SEMICONDUCTOR LLC (to 4/13/2018)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 163 % -51.6%
Quick Ratio 70.5 % -65%
Debt-to-equity -5.52K % -3499%
Return On Equity 41K %
Return On Assets -751 % -481%
Operating Margin -1.15K % -53.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5.62M shares -14.6%
Common Stock, Shares, Outstanding 4.92M shares -7.16%
Entity Public Float 6.72M USD -31.9%
Common Stock, Value, Issued 1K USD -85.7%
Weighted Average Number of Shares Outstanding, Basic 3.59M shares +12035%
Weighted Average Number of Shares Outstanding, Diluted 3.59M shares +12035%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.79M USD -34.9%
Cost of Revenue 3.86M USD -4.73%
Research and Development Expense 7.13M USD -5.51%
Selling and Marketing Expense 4.59M USD -22.2%
General and Administrative Expense 6.73M USD +16.4%
Operating Income (Loss) -20.5M USD +0.05%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -52.4M USD -265%
Income Tax Expense (Benefit) 2K USD 0%
Net Income (Loss) Attributable to Parent -52.4M USD -264%
Earnings Per Share, Basic 240 USD/shares +93.4%
Earnings Per Share, Diluted 240 USD/shares +93.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.11M USD +205%
Accounts Receivable, after Allowance for Credit Loss, Current 117K USD +15.8%
Inventory, Net 2.33M USD -57.4%
Assets, Current 9.97M USD +22.4%
Property, Plant and Equipment, Net 65K USD -29.3%
Operating Lease, Right-of-Use Asset 575K USD
Other Assets, Noncurrent 594K USD -13.7%
Assets 10.6M USD +19%
Accounts Payable, Current 2.19M USD +134%
Accrued Liabilities, Current 1.38M USD +41.9%
Liabilities, Current 3.57M USD +87%
Operating Lease, Liability, Noncurrent 607K USD
Other Liabilities, Noncurrent 607K USD -7.61%
Liabilities 4.2M USD +36.9%
Retained Earnings (Accumulated Deficit) -287M USD -22.4%
Stockholders' Equity Attributable to Parent 6.43M USD +9.71%
Liabilities and Equity 10.6M USD +19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.54M USD +23.3%
Net Cash Provided by (Used in) Financing Activities 5.9M USD -15.7%
Net Cash Provided by (Used in) Investing Activities -6K USD +57.1%
Common Stock, Shares Authorized 300M shares +50%
Common Stock, Shares, Issued 4.92M shares -7.16%
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 2.35M USD -0.42%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.11M USD +205%
Interest Paid, Excluding Capitalized Interest, Operating Activities 272K USD +13500%
Deferred Tax Assets, Valuation Allowance 25.3M USD +22%
Deferred Tax Assets, Gross 25.6M USD +22.4%
Operating Lease, Liability 674K USD +2.59%
Payments to Acquire Property, Plant, and Equipment 6K USD -57.1%
Lessee, Operating Lease, Liability, to be Paid 928K USD -6.64%
Property, Plant and Equipment, Gross 772K USD +7.52%
Operating Lease, Liability, Current 67K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 191K USD +4.37%
Lessee, Operating Lease, Liability, to be Paid, Year One 185K USD +198%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 254K USD -24.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 197K USD +4.23%
Deferred Tax Assets, Operating Loss Carryforwards 20.3M USD +14.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 203K USD +4.64%
Operating Lease, Payments 109K USD -29.2%
Additional Paid in Capital 293M USD +22%
Depreciation, Depletion and Amortization 81K USD -36.2%
Deferred Tax Assets, Net of Valuation Allowance 221K USD +101%
Share-based Payment Arrangement, Expense 64K USD
Interest Expense 1.44M USD -13%