Financial insights of WISA

MyFinsight

For the quarter ending 2024-09-30, WISA made $1,172K in revenue. -$7,345K in net income. Net profit margin of -626.71%.

Income Statement	2024-09-30	2024-06-30
Revenues	1,172	345
Cost of revenue	946	334
Gross profit	226	11
Research and development expense	2,225	1,789
Selling and marketing expense	983	865
General and administrative expense	2,261	2,762
Operating expenses	5,469	5,416
Operating income (loss)	-5,243	-5,405
Interest expense	-	4
Fair value adjustment of warrants	-6	37,255
Interest income (expense), nonoperating	9	-
Other nonoperating income (expense)	136	-1
Income (loss) from continuing operations before income taxes, noncontrolling interest	-5,092	-42,665
Net loss	-5,092	-42,665
Amount of deemed dividend on issuance of common stock and warrants in connection with amendment to warrants to purchase common stock	2,253	-
Net income (loss) available to common stockholders, basic	-7,345	-42,665

Basic EPS	-1.39	-11.89
Diluted EPS	-1.39	-11.89
Basic Average Shares	5,278,064	3,587,122
Diluted Average Shares	5,278,064	3,587,122

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.