WISA TECHNOLOGIES INC
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
DVLT$0.06-16.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
December 31, 2023 and 2022
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended December 31, | ||||||
| | 2023 | 2022 | ||||
| Assets | | | | | | |
| Current Assets: · · | ||||||
| Cash and cash equivalents | | $411 | | $2,897 | ||
| Accounts receivable | | 294 | | 273 | ||
| Inventories | | 2,737 | | 7,070 | ||
| Prepaid expenses and other current assets | | 641 | | 890 | ||
| Total current assets | | 4,083 | | 11,130 | ||
| Property and equipment, net | | 93 | | 174 | ||
| Other assets | | 647 | | 148 | ||
| Total assets | | $4,823 | | $11,452 | ||
| | | | | | | |
| Liabilities, Convertible Redeemable Preferred Stock and Stockholders' Equity/ (Deficit) | | | ||||
| Current Liabilities: | | | ||||
| Accounts payable | | $2,320 | | $2,042 | ||
| Accrued liabilities | | 1,317 | | 1,632 | ||
| Total current liabilities | | 3,637 | | 3,674 | ||
| Convertible note payable | | | — | | | 457 |
| Warrant liabilities | | | 5,460 | | | 8,945 |
| Derivative liability | | — | | 333 | ||
| Other liabilities | | 636 | | 39 | ||
| Total liabilities | | 9,733 | | 13,448 | ||
| | | | | | | |
| Commitments and contingencies (Note 8) | | | ||||
| | | | | | | |
| Series B Convertible Redeemable Preferred Stock, par value $0.0001; 375,000 shares authorized as of December 31, 2023; 38,335 shares issued and outstanding as of December 31, 2023 (none as of December 31, 2022); mandatorily redeemable on October 15, 2025 for $3,833,500 | | 247 | | — | ||
| | | | | | | |
| Stockholders' Equity/ (Deficit): | | | ||||
| Common stock, par value $0.0001; 200,000,000 shares authorized; 33,356,855 and 712,564 shares issued and outstanding as of December 31, 2023 and 2022, respectively | | 7 | | 7 | ||
| Additional paid-in capital | | 241,878 | | 226,318 | ||
| Accumulated deficit | | (247,042) | | (228,321) | ||
| Total stockholders' equity/ (deficit) | | (5,157) | | (1,996) | ||
| Total liabilities, convertible preferred stock and stockholders' equity/ (deficit) | | $4,823 | | $11,452 | ||
Note: Share and per share amounts have been retroactively adjusted to reflect the impact of a 1-for-100 reverse stock split effected in January 2023, as discussed in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.