Financial Snapshot

Revenue
$533.0K
TTM
Gross Margin
49.31%
TTM
Net Earnings
-$22.42M
TTM
Current Assets
$4.738M
Q2 2024
Current Liabilities
$3.533M
Q2 2024
Current Ratio
134.11%
Q2 2024
Total Assets
$5.372M
Q2 2024
Total Liabilities
$3.677M
Q2 2024
Book Value
$1.695M
Q2 2024
Cash
P/E
-0.08495
Nov 29, 2024 EST
Free Cash Flow
-$18.29M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $82.00K $45.00K $142.0K $57.00K $240.0K
YoY Change 82.22% -68.31% 149.12% -76.25%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $82.00K $45.00K $142.0K $57.00K $240.0K
Cost Of Revenue $62.00K $10.00K $10.00K $10.00K $20.00K
Gross Profit $20.00K $40.00K $130.0K $50.00K $220.0K
Gross Profit Margin 24.39% 88.89% 91.55% 87.72% 91.67%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $4.890M $3.318M $1.293M $461.0K $380.0K
YoY Change 47.38% 156.61% 180.48% 21.32%
% of Gross Profit 24450.0% 8295.0% 994.62% 922.0% 172.73%
Research & Development $3.316M $2.271M $1.411M $743.0K $790.0K
YoY Change 46.01% 60.95% 89.91% -5.95%
% of Gross Profit 16580.0% 5677.5% 1085.38% 1486.0% 359.09%
Depreciation & Amortization $68.00K $23.00K $11.00K $7.000K $10.00K
YoY Change 195.65% 109.09% 57.14% -30.0%
% of Gross Profit 340.0% 57.5% 8.46% 14.0% 4.55%
Operating Expenses $8.206M $5.589M $2.704M $1.204M $1.170M
YoY Change 46.82% 106.69% 124.58% 2.91%
Operating Profit -$8.186M -$6.458M -$2.669M -$1.156M -$950.0K
YoY Change 26.76% 141.96% 130.88% 21.68%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $372.0K -$40.00K $60.00K -$100.0K -$30.00K
YoY Change -1030.0% -166.67% -160.0% 233.33%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$7.814M -$6.500M -$2.610M -$1.260M -$980.0K
YoY Change 20.22% 149.04% 107.14% 28.57%
Income Tax
% Of Pretax Income
Net Earnings -$7.814M -$6.496M -$2.614M -$1.258M -$980.0K
YoY Change 20.29% 148.51% 107.79% 28.37%
Net Earnings / Revenue -9529.27% -14435.56% -1840.85% -2207.02% -408.33%
Basic Earnings Per Share -$0.48 -$0.53 -$0.27 -$0.19
Diluted Earnings Per Share -$0.48 -$0.53 -$0.27 -$0.19 -$0.07

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $4.855M $10.37M $1.270M $480.0K $1.580M
YoY Change -53.18% 716.54% 164.58% -69.62%
Cash & Equivalents
Short-Term Investments $4.045M
Other Short-Term Assets
YoY Change
Inventory $1.032M $10.00K $10.00K $20.00K $10.00K
Prepaid Expenses
Receivables $0.00 $10.00K
Other Receivables $600.0K $110.0K
Total Short-Term Assets $6.752M $10.98M $1.400M $560.0K $1.590M
YoY Change -38.51% 684.29% 150.0% -64.78%
Property, Plant & Equipment $786.0K $250.0K $40.00K $20.00K $10.00K
YoY Change 214.4% 525.0% 100.0% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $54.00K
YoY Change
Total Long-Term Assets $840.0K $240.0K $50.00K $20.00K $10.00K
YoY Change 250.0% 380.0% 150.0% 100.0%
Total Assets $7.592M $11.22M $1.450M $580.0K $1.600M
YoY Change
Accounts Payable $410.0K $160.0K $70.00K $30.00K $70.00K
YoY Change 156.25% 128.57% 133.33% -57.14%
Accrued Expenses $1.066M $630.0K $270.0K $120.0K $220.0K
YoY Change 69.21% 133.33% 125.0% -45.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $3.050M $3.000M
YoY Change -100.0% 1.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.788M $1.150M $640.0K $3.470M $3.300M
YoY Change 55.48% 79.69% -81.56% 5.15%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $278.0K $90.00K
YoY Change 208.89%
Total Long-Term Liabilities $278.0K $90.00K $0.00 $0.00 $0.00
YoY Change 208.89%
Total Liabilities $2.066M $1.240M $640.0K $3.470M $3.300M
YoY Change 66.61% 93.75% -81.56% 5.15%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 16.20M shares 12.28M shares 9.710M shares 6.460M shares
Diluted Shares Outstanding 16.20M shares 12.28M shares 9.710M shares 6.460M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $1.9041 Million

About Wearable Devices Ltd.

Wearable Devices Ltd is a IL-based company operating in Technology Hardware, Storage & Peripherals industry. Wearable Devices Ltd is an Israel-based company. Wearable Devices Ltd is primarily engaged in developing a non-invasive neural input interface technology for business-to-business (B2B) and business-to-customer (B2C) customers. Company's products are non-invasive neural input interface closed in the form of a wristband to allow control of other digital devices with natural subtle hand finger movements and fingertip pressure. Company's technology is used in digital devices such as, consumer electronics, smart watches, smartphones, Augmented Reality (AR) glasses, Virtual Reality (VR) headsets, televisions, personal computers (PCs), laptop , drones, robots. Company's product portfolio includes Mudra Band and Mudra Inspire.

Industry: Computer Communications Equipment Peers: Nano Dimension Ltd.