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

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Contents

Consolidated Statements of Operations


· · Year Ended December 31,
	2023		2022

Revenue, net		$2,083		$3,365
Cost of revenue		5,540		2,970
Gross profit (deficit)		(3,457)		395

Operating Expenses:
Research and development		7,456		7,144
Sales and marketing		5,177		6,140
General and administrative		5,367		5,155
Total operating expenses		18,000		18,439
Loss from operations		(21,457)		(18,044)

Interest expense, net		(932)		(898)
Change in fair value of warrant liability		4,510		2,852
Change in fair value of derivative liability		—		(47)
Loss on debt extinguishment		(837)		—
Other expense, net		(1)		(12)
Loss before provision for income taxes		(18,717)		(16,149)
Provision for income taxes		4		2
Net loss		(18,721)		(16,151)
Deemed dividend on conversion of convertible preferred for common stock		(6,360)		—
Net loss attributable to common stockholders		$(25,081)		$(16,151)
Net loss per common share - basic and diluted		$(3.18)		$(82.89)
Weighted average number of common shares used in computing net loss per common share		7,898,469		194,852

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.

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