WISA · Wisa Technologies, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42M | - | $2.90M | $1.74M | $629.0K | - | $1.17M | $345.0K | $255.0K | - |
| Cost of Revenue | $3.31M | - | $2.81M | $1.70M | $560.0K | - | $946.0K | $334.0K | $338.0K | - |
| Gross Profit | $111.0K | - | $95.0K | $35.0K | $69.0K | - | $226.0K | $11.0K | ($83.0K) | - |
| R&D | $5.73M | - | $4.97M | $4.22M | $2.36M | - | $2.23M | $1.79M | $1.72M | - |
| SG&A | $18.70M | - | $7.67M | $6.53M | $5.64M | - | $2.26M | $2.76M | $1.43M | - |
| Total Operating Expenses | $31.06M | - | $14.85M | $12.49M | $9.50M | - | $5.47M | $5.42M | $4.08M | - |
| D&A | $3.16M | - | $43.0K | $26.0K | $2.32M | - | $11.0K | $28.0K | $20.0K | - |
| Operating Income | ($30.95M) | - | ($14.76M) | ($12.46M) | ($9.43M) | - | ($5.24M) | ($5.41M) | ($4.16M) | - |
| Interest Expense | $1.12M | - | ($9.0K) | $17.20M | $120.0K | - | - | $4.0K | $1.26M | - |
| Income Tax | $0 | - | - | $5.0K | $0 | - | $0 | $0 | $0 | - |
| Net Income | ($53.13M) | - | ($32.98M) | ($37.12M) | ($9.56M) | - | ($5.09M) | ($42.66M) | $2.71M | - |
| EPS - Basic | ($0.09) | - | ($0.33) | ($0.54) | ($0.18) | - | ($1.39) | ($11.89) | ($5.35) | - |
| EPS - Diluted | ($0.09) | - | ($0.33) | ($0.54) | ($0.18) | - | ($1.39) | ($11.89) | ($5.35) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.21M | $2.00M | $1.68M | $662.0K | $171.0K | $3.33M | $3.92M | $6.11M | $2.76M | $411.0K |
| Accounts Receivable | $1.07M | $888.0K | $509.0K | $468.0K | $280.0K | $349.0K | $177.0K | $117.0K | $290.0K | $294.0K |
| Inventory | $717.0K | $636.0K | $994.0K | $1.36M | $1.34M | $1.62M | $1.86M | $2.33M | $2.58M | $2.74M |
| Accounts Payable | $7.05M | $10.83M | $5.19M | $3.85M | $2.81M | $2.78M | $1.69M | $2.19M | $3.26M | $2.32M |
| Current Assets | $106.27M | $142.87M | $16.53M | $3.80M | $2.69M | $6.44M | $7.06M | $9.97M | $6.24M | $4.08M |
| Total Assets | $250.11M | $274.70M | $138.66M | $120.69M | $95.67M | $100.63M | $8.02M | $10.63M | $6.93M | $4.82M |
| Current Liabilities | $23.02M | $26.88M | $24.16M | $8.12M | $4.17M | $4.11M | $3.12M | $3.57M | $4.34M | $3.64M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $30.09M | $36.73M | $39.15M | $46.62M | $13.99M | $14.90M | $3.72M | $4.20M | $9.60M | $9.73M |
| Stockholders' Equity | $220.03M | $237.97M | $99.51M | $74.07M | $81.69M | $85.73M | $4.29M | $6.43M | ($2.67M) | ($5.16M) |
| Retained Earnings | ($430.58M) | ($377.44M) | ($378.11M) | ($345.13M) | ($308.01M) | ($298.45M) | ($292.09M) | ($287.00M) | ($244.34M) | ($247.04M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($8.73M) | - | - | - | ($6.02M) | - | - | - | ($3.54M) | - |
| Investing Cash Flow | ($13.88M) | - | - | - | ($1.05M) | - | - | - | ($6.0K) | - |
| Financing Cash Flow | $22.81M | - | - | - | $3.92M | - | - | - | $5.90M | - |
| CapEx | $264.0K | - | - | - | $52.0K | - | - | - | $6.0K | - |
| Free Cash Flow | ($8.99M) | - | - | - | ($6.08M) | - | - | - | ($3.55M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 3.2% | - | 3.3% | 2.0% | 11.0% | - | 19.3% | 3.2% | -32.5% | - |
| Operating margin | -906.0% | - | -508.1% | -718.1% | -1499.4% | - | -447.4% | -1566.7% | -1630.6% | - |
| EBITDA margin | -813.5% | - | -506.6% | -716.6% | -1130.4% | - | -446.4% | -1558.6% | -1622.7% | - |
| Net margin | -1555.4% | - | -1135.5% | -2139.3% | -1520.3% | - | -434.5% | -12366.7% | 1061.6% | - |
| Free cash flow margin | -263.2% | - | - | - | -966.0% | - | - | - | -1390.6% | - |
| FCF / Net income | 0.17 | - | - | - | 0.64 | - | - | - | -1.31 | - |
| R&D / Revenue | 167.7% | - | 171.3% | 243.5% | 375.4% | - | 189.8% | 518.6% | 672.5% | - |
| SG&A / Revenue | 547.3% | - | 264.0% | 376.3% | 897.3% | - | 192.9% | 800.6% | 561.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | 0.0% | - |
| Return on assets | -21.2% | - | -23.8% | -30.8% | -10.0% | - | -63.5% | -401.3% | 39.1% | - |
| Return on equity | -24.1% | - | -33.1% | -50.1% | -11.7% | - | -118.6% | -663.5% | -101.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.62 | 5.32 | 0.68 | 0.47 | 0.65 | 1.57 | 2.26 | 2.79 | 1.44 | 1.12 |
| Quick ratio | 4.58 | 5.29 | 0.64 | 0.30 | 0.32 | 1.17 | 1.66 | 2.14 | 0.84 | 0.37 |
| Cash ratio | 0.10 | 0.07 | 0.07 | 0.08 | 0.04 | 0.81 | 1.26 | 1.71 | 0.64 | 0.11 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -27.6x | - | 1639.6x | -0.7x | -78.6x | - | - | -1351.3x | -3.3x | - |
| Equity multiplier | 1.14 | 1.15 | 1.39 | 1.63 | 1.17 | 1.17 | 1.87 | 1.65 | -2.60 | -0.94 |
| Liabilities / Assets | 0.12 | 0.13 | 0.28 | 0.39 | 0.15 | 0.15 | 0.46 | 0.40 | 1.39 | 2.02 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.02 | 0.01 | 0.01 | - | 0.15 | 0.03 | 0.04 | - |
| Inventory turnover | 4.61 | - | 2.83 | 1.25 | 0.42 | - | 0.51 | 0.14 | 0.13 | - |
| Days sales outstanding | 114d | - | 64d | 98d | 162d | - | 55d | 124d | 415d | - |
| Days inventory outstanding | 79d | - | 129d | 293d | 875d | - | 718d | 2546d | 2785d | - |
| Days payable outstanding | 779d | - | 674d | 827d | 1830d | - | 652d | 2394d | 3517d | - |
| Cash conversion cycle | -586d | - | -481d | -436d | -792d | - | 121d | 276d | -317d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 443.1% | - | 147.8% | 402.9% | 146.7% | - | 52.4% | -18.8% | -45.6% | - |
| Revenue CAGR (3y) | 93.8% | - | 45.8% | 22.4% | 3.6% | - | -13.4% | -39.8% | -39.5% | - |
| Revenue CAGR (5y) | 24.3% | - | 36.8% | 37.9% | 8.9% | - | 22.8% | -0.4% | -2.0% | - |
| Gross profit growth (YoY) | 60.9% | - | -58.0% | 218.2% | - | - | - | - | 93.4% | - |
| Operating income growth (YoY) | -228.2% | - | -181.4% | -130.5% | -126.8% | - | 17.3% | -15.2% | 28.3% | - |
| Net income growth (YoY) | -455.6% | - | -547.6% | 13.0% | - | - | 16.7% | -701.1% | - | - |
| EPS growth (YoY) | 50.0% | - | 76.3% | 95.5% | 96.6% | - | -43.3% | -890.8% | -909.4% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -48.0% | - | - | - | -71.3% | - | - | - | 23.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 169.4% | 177.6% | 2216.8% | 1051.9% | - | - | 385.3% | 9.7% | - | -158.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$39.09M totalSingle Reportable Segment$39.09M · 100.0%
Product / service
$42.27M totalLicense$30.00M · 71.0%
Live Events$5.91M · 14.0%
Consumer Audio Products Components And Other Revenue Net$3.18M · 7.5%
Components$2.62M · 6.2%
Software And Software Development Costs$291.0K · 0.7%
Consumer Audio Products$270.0K · 0.6%
Geographic
$39.09M totalNorth America$36.45M · 93.2%
Asia Pacific$2.14M · 5.5%
Europe$495.0K · 1.3%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing WISA TECHNOLOGIES against the 5 most active filers in the same SIC group.