$OWLT
Owlet, Inc. Stock $owlt

$owlt Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000162828023029413 Filed on August 14, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$9.182M	$13.09M
YoY Change	-47.11%	-28.67%
Cost Of Revenue	$5.853M	$7.855M
YoY Change	-54.08%	-33.01%
Gross Profit	$3.329M	$5.233M
YoY Change	-27.83%	-20.98%
Gross Profit Margin	36.26%	39.98%
Selling, General & Admin	$8.783M	$9.202M
YoY Change	-54.65%	-52.11%
% of Gross Profit	263.83%	175.85%
Research & Development	$2.426M	$2.745M
YoY Change	-65.67%	-64.67%
% of Gross Profit	72.87%	52.46%
Depreciation & Amortization	$180.0K	$237.0K
YoY Change	-49.3%	-33.98%
% of Gross Profit	5.41%	4.53%
Operating Expenses	$11.21M	$11.95M
YoY Change	-57.6%	-55.73%
Operating Profit	-$7.880M	-$6.714M
YoY Change	-63.89%	-67.03%
Interest Expense	$134.0K	$52.00K
YoY Change	-131.98%	-74.38%
% of Operating Profit
Other Income/Expense, Net	$2.239M	-$1.748M
YoY Change	-8.76%	-120.16%
Pretax Income	-$5.641M	-$8.462M
YoY Change	-70.87%	-27.63%
Income Tax	$0.00	$5.000K
% Of Pretax Income
Net Earnings	-$5.641M	-$8.467M
YoY Change	-70.87%	-27.74%
Net Earnings / Revenue	-61.44%	-64.69%
Basic Earnings Per Share	-$0.84	-$1.19
Diluted Earnings Per Share	-$0.84	-$1.19
COMMON SHARES
Basic Shares Outstanding	8.477M shares	117.7M shares
Diluted Shares Outstanding	8.311M shares	8.213M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$15.20M	$24.75M
YoY Change	-34.41%	-33.58%
Cash & Equivalents	$15.17M	$24.75M
Short-Term Investments
Other Short-Term Assets	$1.900M	$1.633M
YoY Change	-68.8%	-50.43%
Inventory	$11.04M	$12.39M
Prepaid Expenses
Receivables	$9.418M	$12.98M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$37.53M	$51.75M
YoY Change	-49.0%	-44.91%
LONG-TERM ASSETS
Property, Plant & Equipment	$496.0K	$609.0K
YoY Change	-63.93%	-64.45%
Goodwill
YoY Change
Intangibles	$2.219M	$2.253M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$800.0K	$1.017M
YoY Change	-2.68%	9.47%
Total Long-Term Assets	$4.760M	$5.518M
YoY Change	-33.0%	-30.65%
TOTAL ASSETS
Total Short-Term Assets	$37.53M	$51.75M
Total Long-Term Assets	$4.760M	$5.518M
Total Assets	$42.29M	$57.26M
YoY Change	-47.59%	-43.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$18.37M	$22.76M
YoY Change	-35.55%	-17.51%
Accrued Expenses	$10.13M	$11.21M
YoY Change	-60.09%	-60.96%
Deferred Revenue	$908.0K	$1.036M
YoY Change	-27.59%	-9.6%
Short-Term Debt	$4.900M	$8.176M
YoY Change	-2.0%	88.43%
Long-Term Debt Due	$6.764M	$5.204M
YoY Change	-43.62%	-53.05%
Total Short-Term Liabilities	$41.10M	$48.38M
YoY Change	-43.02%	-33.6%
LONG-TERM LIABILITIES
Long-Term Debt	$500.0K	$2.000M
YoY Change
Other Long-Term Liabilities	$1.474M	$1.769M
YoY Change	419.01%	619.11%
Total Long-Term Liabilities	$1.974M	$3.769M
YoY Change	595.07%	1432.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$41.10M	$48.38M
Total Long-Term Liabilities	$1.974M	$3.769M
Total Liabilities	$67.33M	$78.99M
YoY Change	-11.72%	-1.69%
SHAREHOLDERS EQUITY
Retained Earnings	-$248.7M	-$243.1M
YoY Change	22.37%	32.19%
Common Stock	$1.000K	$1.000K
YoY Change	-90.91%	-90.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$31.95M	-$27.32M
YoY Change
Total Liabilities & Shareholders Equity	$42.29M	$57.26M
YoY Change	-47.59%	-43.79%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$5.641M	-$8.467M
YoY Change	-70.87%	-27.74%
Depreciation, Depletion And Amortization	$180.0K	$237.0K
YoY Change	-49.3%	-33.98%
Cash From Operating Activities	-$5.190M	-$7.383M
YoY Change	-67.35%	-73.88%
INVESTING ACTIVITIES
Capital Expenditures	$10.00K	$11.00K
YoY Change	-106.25%	-102.03%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$10.00K	-$11.00K
YoY Change	-93.75%	-97.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-4.370M	7.375M
YoY Change	-321.49%	-375.8%
NET CHANGE
Cash From Operating Activities	-5.190M	-7.383M
Cash From Investing Activities	-10.00K	-11.00K
Cash From Financing Activities	-4.370M	7.375M
Net Change In Cash	-9.570M	-19.00K
YoY Change	-32.04%	-99.94%
FREE CASH FLOW
Cash From Operating Activities	-$5.190M	-$7.383M
Capital Expenditures	$10.00K	$11.00K
Free Cash Flow	-$5.200M	-$7.394M
YoY Change	-66.95%	-73.33%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-22313000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-22313000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-40476000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-40476000	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.48
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.48
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.73
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.73
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-5.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-5.12
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8162102	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8162102	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7899959	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7899959	shares
CY2022Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	3336000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	3273000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-10635000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	0	usd
CY2023Q1	us-gaap	Temporary Equity Accretion To Redemption Value Adjustment TemporaryEquityAccretionToRedemptionValueAdjustment	653000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	43000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	55000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	101000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2789000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-11867000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-20167000	usd
CY2023Q2	us-gaap	Temporary Equity Accretion To Redemption Value Adjustment TemporaryEquityAccretionToRedemptionValueAdjustment	1326000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2644000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-8467000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-27316000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-20334000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-40476000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	530000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	707000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	5433000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	6575000	usd
	owlt	Change In Fair Value Of Common Stock Warrantliability ChangeInFairValueOfCommonStockWarrantliability	-283000	usd
	owlt	Change In Fair Value Of Common Stock Warrantliability ChangeInFairValueOfCommonStockWarrantliability	-1935000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	667000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	602000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-94000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-512000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2925000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13922000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4103000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-8756000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-6222000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	11392000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-16134000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-4499000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-20000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	588000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-16757000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-55660000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	419000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	13000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	824000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1243000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	295000	usd
	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	29793000	usd
	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	0	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	52531000	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	22583000	usd
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	51189000	usd
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	20693000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	500000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1500000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	156000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	215000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	30291000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-895000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	13515000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-57798000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11231000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	95054000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	24746000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37256000	usd
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	107142857	shares
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	107142857	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-243092000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-16757000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-55660000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24746000	usd
	owlt	Proceeds From Issuance Of Convertible Preferred Stock Gross ProceedsFromIssuanceOfConvertiblePreferredStockGross	30000000	usd
CY2022Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	775000	usd
CY2023Q2	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	8364000	usd
CY2023Q2	us-gaap	Line Of Credit LineOfCredit	8176000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4112000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4165000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3503000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3057000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	609000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1108000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2253000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	236000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2279000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	206000	usd
CY2023Q2	us-gaap	Capitalized Software Development Costs For Software Sold To Customers CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers	1873000	usd
CY2023Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	0	usd
CY2022Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	0	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	0	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	0	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2022Q2	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2023Q2	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2023Q2	owlt	Accrued Sales Return Current AccruedSalesReturnCurrent	1717000	usd
CY2022Q4	owlt	Accrued Sales Return Current AccruedSalesReturnCurrent	6756000	usd
CY2023Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	592000	usd
CY2022Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	725000	usd
CY2023Q2	owlt	Provision For Warranties Issued During The Period ProvisionForWarrantiesIssuedDuringThePeriod	81000	usd
CY2022Q2	owlt	Provision For Warranties Issued During The Period ProvisionForWarrantiesIssuedDuringThePeriod	193000	usd
CY2023Q2	owlt	Settlements Of Warranty Claims During The Period SettlementsOfWarrantyClaimsDuringThePeriod	82000	usd
CY2022Q2	owlt	Settlements Of Warranty Claims During The Period SettlementsOfWarrantyClaimsDuringThePeriod	143000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	591000	usd
CY2022Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	775000	usd
CY2022Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	712000	usd
CY2021Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	661000	usd
	owlt	Provision For Warranties Issued During The Period ProvisionForWarrantiesIssuedDuringThePeriod	116000	usd
	owlt	Provision For Warranties Issued During The Period ProvisionForWarrantiesIssuedDuringThePeriod	394000	usd
	owlt	Settlements Of Warranty Claims During The Period SettlementsOfWarrantyClaimsDuringThePeriod	237000	usd
	owlt	Settlements Of Warranty Claims During The Period SettlementsOfWarrantyClaimsDuringThePeriod	280000	usd
CY2023Q2	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	591000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1257000	usd
CY2021Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1235000	usd
CY2022Q2	owlt	Contract With Customer Liability Additions ContractWithCustomerLiabilityAdditions	687000	usd
	owlt	Contract With Customer Liability Additions ContractWithCustomerLiabilityAdditions	820000	usd
	owlt	Contract With Customer Liability Additions ContractWithCustomerLiabilityAdditions	1430000	usd
CY2023Q2	owlt	Contract With Customer Liability Revenue Recognized Including Opening Balance ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance	514000	usd
CY2022Q2	owlt	Contract With Customer Liability Revenue Recognized Including Opening Balance ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance	620000	usd
	owlt	Contract With Customer Liability Revenue Recognized Including Opening Balance ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance	983000	usd
	owlt	Contract With Customer Liability Revenue Recognized Including Opening Balance ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance	1286000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1223000	usd
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1379000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1223000	usd
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1379000	usd
CY2023Q2	owlt	Contract With Customer Liability Revenue Recognized Excluding Opening Balance ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance	456000	usd
CY2022Q2	owlt	Contract With Customer Liability Revenue Recognized Excluding Opening Balance ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance	498000	usd
	owlt	Contract With Customer Liability Revenue Recognized Excluding Opening Balance ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance	797000	usd
	owlt	Contract With Customer Liability Revenue Recognized Excluding Opening Balance ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance	838000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	7204000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	10353000	usd
CY2023Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	5204000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	10353000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2000000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	usd
CY2023Q2	owlt	Long Term Debt Future Aggregate Maturity Remainder Of Fiscal Year LongTermDebtFutureAggregateMaturityRemainderOfFiscalYear	2204000	usd
CY2023Q1	owlt	Related Party Transaction Monthly Interest Payment To Related Party RelatedPartyTransactionMonthlyInterestPaymentToRelatedParty	3000000	usd
CY2023Q1	owlt	Related Party Transaction Monthly Interest Payment To Related Party Payment Period RelatedPartyTransactionMonthlyInterestPaymentToRelatedPartyPaymentPeriod	P36M
CY2021Q4	us-gaap	Loss Contingency New Claims Filed Number LossContingencyNewClaimsFiledNumber	2	claim
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2644000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3257000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5433000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6575000	usd
CY2023Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	1565000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	295000	usd
CY2023Q2	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	253000	usd
	owlt	Period Required For Warrants To Become Exercisable Initial Public Offering PeriodRequiredForWarrantsToBecomeExercisableInitialPublicOffering	P12M
CY2023Q2	us-gaap	Warrants And Rights Outstanding Term WarrantsAndRightsOutstandingTerm	P5Y
CY2022Q4	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	1292856	shares
	owlt	Class Of Warrant Or Right Warrants Issued During Period ClassOfWarrantOrRightWarrantsIssuedDuringPeriod	7882426	shares
	owlt	Class Of Warrant Or Right Warrants Exercised During Period ClassOfWarrantOrRightWarrantsExercisedDuringPeriod	0	shares
CY2023Q2	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	9175282	shares
CY2023Q2	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	20556000	usd
CY2023Q2	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	26574000	usd
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	11070000	usd
CY2022Q4	us-gaap	Liabilities Fair Value Disclosure LiabilitiesFairValueDisclosure	724000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-8467000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-11718000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-20334000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-40476000	usd
CY2023Q2	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	1326000	usd
CY2022Q2	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	0	usd
	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	1979000	usd
	us-gaap	Temporary Equity Dividends Adjustment TemporaryEquityDividendsAdjustment	0	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-9793000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9793000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-11718000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-11718000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-22313000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-22313000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-40476000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-40476000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8213247	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8213247	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7915156	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7915156	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8162102	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8162102	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7899959	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7899959	shares
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.19
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.19
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.48
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.48
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.73
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.73
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-5.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-5.12
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14429877	shares
CY2023Q2	owlt	Common Stock Shares Subject To Vesting CommonStockSharesSubjectToVesting	200536	shares
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	13088000	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18348000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	23824000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	39887000	usd
CY2023Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	2248000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	3368000	usd

Files In Submission

Name	View Source	Status
owlt-20230630_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
0001628280-23-029413-index-headers.html	Edgar Link	pending
0001628280-23-029413-index.html	Edgar Link	pending
0001628280-23-029413.txt	Edgar Link	pending
0001628280-23-029413-xbrl.zip	Edgar Link	pending
ex-311owletinc302certifica.htm	Edgar Link	pending
ex-312owletinc302certifica.htm	Edgar Link	pending
ex-321owletinc906certifica.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
owlet-executivechangeinctr.htm	Edgar Link	pending
owlt-20230630.htm	Edgar Link	pending
owlt-20230630.xsd	Edgar Link	pending
owlt-20230630_g1.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
owlt-20230630_def.xml	Edgar Link	unprocessable
owlt-20230630_lab.xml	Edgar Link	unprocessable
owlt-20230630_pre.xml	Edgar Link	unprocessable
owlt-20230630_htm.xml	Edgar Link	completed
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OWLT
Owlet, Inc. Stock $owlt

2023 Q3 Form 10-Q Financial Statement

#000162828023029413 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OWLT Owlet, Inc. Stock $owlt

2023 Q3 Form 10-Q Financial Statement

#000162828023029413 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OWLT
Owlet, Inc. Stock $owlt