Financial Snapshot

Revenue
$488.0K
TTM
Gross Margin
39.81%
TTM
Net Earnings
-$15.92M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
263.29%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$3.860M
Q4 2024
Cash
Q4 2024
P/E
-0.1196
Nov 29, 2024 EST
Free Cash Flow
-$12.52M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $522.0K $82.00K $45.00K $142.0K $57.00K $240.0K
YoY Change 536.59% 82.22% -68.31% 149.12% -76.25%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $522.0K $82.00K $45.00K $142.0K $57.00K $240.0K
Cost Of Revenue $437.0K $62.00K $10.00K $10.00K $10.00K $20.00K
Gross Profit $85.00K $20.00K $40.00K $130.0K $50.00K $220.0K
Gross Profit Margin 16.28% 24.39% 88.89% 91.55% 87.72% 91.67%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $4.941M $4.890M $3.318M $1.293M $461.0K $380.0K
YoY Change 1.04% 47.38% 156.61% 180.48% 21.32%
% of Gross Profit 5812.94% 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 $107.0K $68.00K $23.00K $11.00K $7.000K $10.00K
YoY Change 57.35% 195.65% 109.09% 57.14% -30.0%
% of Gross Profit 125.88% 340.0% 57.5% 8.46% 14.0% 4.55%
Operating Expenses $4.941M $8.206M $5.589M $2.704M $1.204M $1.170M
YoY Change -39.79% 46.82% 106.69% 124.58% 2.91%
Operating Profit -$7.820M -$8.186M -$6.458M -$2.669M -$1.156M -$950.0K
YoY Change -4.47% 26.76% 141.96% 130.88% 21.68%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 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

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income -$7.872M -$7.814M -$6.500M -$2.610M -$1.260M -$980.0K
YoY Change 0.74% 20.22% 149.04% 107.14% 28.57%
Income Tax $7.000K
% Of Pretax Income
Net Earnings -$7.879M -$7.814M -$6.496M -$2.614M -$1.258M -$980.0K
YoY Change 0.83% 20.29% 148.51% 107.79% 28.37%
Net Earnings / Revenue -1509.39% -9529.27% -14435.56% -1840.85% -2207.02% -408.33%
Basic Earnings Per Share -$24.20 -$0.48 -$0.53 -$0.27 -$0.19
Diluted Earnings Per Share -$24.20 -$0.48 -$0.53 -$0.27 -$0.19 -$0.07

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 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

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 325.7K shares 16.20M shares 12.28M shares 9.710M shares 6.460M shares
Diluted Shares Outstanding 325.7K shares 16.20M shares 12.28M shares 9.710M shares 6.460M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

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.