2022 Q4 Form 20-F Financial Statement
#000121390023022124 Filed on March 22, 2023
Income Statement
Concept | 2022 Q4 | 2022 | 2021 Q4 |
---|---|---|---|
Revenue | $45.00K | $45.00K | $142.0K |
YoY Change | -68.31% | -68.31% | 149.12% |
Cost Of Revenue | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | 11.11% |
Gross Profit | $35.00K | $40.00K | $132.0K |
YoY Change | -73.48% | -69.23% | 175.0% |
Gross Profit Margin | 77.78% | 88.89% | 92.96% |
Selling, General & Admin | $3.318M | $3.318M | $1.293M |
YoY Change | 156.61% | 156.61% | 180.48% |
% of Gross Profit | 9480.0% | 8295.0% | 979.55% |
Research & Development | $2.271M | $2.271M | $1.411M |
YoY Change | 60.95% | 60.95% | 89.91% |
% of Gross Profit | 6488.57% | 5677.5% | 1068.94% |
Depreciation & Amortization | $20.00K | $23.00K | $10.00K |
YoY Change | 100.0% | 109.09% | 0.0% |
% of Gross Profit | 57.14% | 57.5% | 7.58% |
Operating Expenses | $6.493M | $5.589M | $2.801M |
YoY Change | 131.81% | 106.69% | 132.64% |
Operating Profit | -$6.458M | -$6.458M | -$2.669M |
YoY Change | 141.96% | 141.96% | 130.88% |
Interest Expense | -$38.00K | -$40.00K | $55.00K |
YoY Change | -169.09% | -166.67% | -153.92% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$6.496M | -$6.500M | -$2.614M |
YoY Change | 148.51% | 149.04% | 107.79% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$6.496M | -$6.496M | -$2.614M |
YoY Change | 148.51% | 148.51% | 107.79% |
Net Earnings / Revenue | -14435.56% | -14435.56% | -1840.85% |
Basic Earnings Per Share | -$0.53 | ||
Diluted Earnings Per Share | -$0.53 | -$0.53 | -$176.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 15.05M shares | 12.28M shares | |
Diluted Shares Outstanding | 12.28M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $10.37M | $10.37M | $1.270M |
YoY Change | 716.54% | 716.54% | |
Cash & Equivalents | $10.37M | $1.274M | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $10.00K | $10.00K | $10.00K |
Prepaid Expenses | |||
Receivables | $0.00 | $0.00 | $10.00K |
Other Receivables | $600.0K | $600.0K | $110.0K |
Total Short-Term Assets | $10.98M | $10.98M | $1.402M |
YoY Change | 682.88% | 684.29% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $68.00K | $250.0K | $43.00K |
YoY Change | 58.14% | 525.0% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $248.0K | $240.0K | $43.00K |
YoY Change | 476.74% | 380.0% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $10.98M | $10.98M | $1.402M |
Total Long-Term Assets | $248.0K | $240.0K | $43.00K |
Total Assets | $11.22M | $11.22M | $1.445M |
YoY Change | 676.75% | 673.79% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $156.0K | $160.0K | $72.00K |
YoY Change | 116.67% | 128.57% | |
Accrued Expenses | $145.0K | $630.0K | $47.00K |
YoY Change | 208.51% | 133.33% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.150M | $1.150M | $638.0K |
YoY Change | 80.25% | 79.69% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $90.00K | $90.00K | |
YoY Change | |||
Total Long-Term Liabilities | $90.00K | $90.00K | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.150M | $1.150M | $638.0K |
Total Long-Term Liabilities | $90.00K | $90.00K | $0.00 |
Total Liabilities | $1.244M | $1.240M | $638.0K |
YoY Change | 94.98% | 93.75% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $13.40M | ||
YoY Change | |||
Common Stock | $43.00K | $31.00K | |
YoY Change | 38.71% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.980M | $9.980M | $807.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.22M | $11.22M | $1.445M |
YoY Change | 676.75% | 673.79% |
Cashflow Statement
Concept | 2022 Q4 | 2022 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.496M | -$6.496M | -$2.614M |
YoY Change | 148.51% | 148.51% | 107.79% |
Depreciation, Depletion And Amortization | $20.00K | $23.00K | $10.00K |
YoY Change | 100.0% | 109.09% | 0.0% |
Cash From Operating Activities | -$5.710M | -$5.714M | -$1.610M |
YoY Change | 254.66% | 171.71% | 973.33% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $50.00K | $48.00K | $30.00K |
YoY Change | 66.67% | 33.33% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$20.00K | -$20.00K | |
YoY Change | |||
Cash From Investing Activities | -$70.00K | -$66.00K | -$30.00K |
YoY Change | 133.33% | 83.33% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 14.88M | $14.88M | 10.00K |
YoY Change | 148700.0% | 406.43% | |
NET CHANGE | |||
Cash From Operating Activities | -5.710M | -$5.714M | -1.610M |
Cash From Investing Activities | -70.00K | -$66.00K | -30.00K |
Cash From Financing Activities | 14.88M | $14.88M | 10.00K |
Net Change In Cash | 9.100M | $9.099M | -1.630M |
YoY Change | -658.28% | 1038.8% | 986.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.710M | -$5.714M | -$1.610M |
Capital Expenditures | $50.00K | $48.00K | $30.00K |
Free Cash Flow | -$5.760M | -$5.762M | -$1.640M |
YoY Change | 251.22% | 169.38% | 993.33% |
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-5000 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9000 | usd |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
12000 | usd |
CY2022 | wlds |
Decreaseincrease In Governmental Grants Receivables
DecreaseincreaseInGovernmentalGrantsReceivables
|
-8000 | usd |
CY2021 | wlds |
Decreaseincrease In Governmental Grants Receivables
DecreaseincreaseInGovernmentalGrantsReceivables
|
11000 | usd |
CY2020 | wlds |
Decreaseincrease In Governmental Grants Receivables
DecreaseincreaseInGovernmentalGrantsReceivables
|
51000 | usd |
CY2022 | wlds |
Increase In Other Receivables And Prepaid Expenses
IncreaseInOtherReceivablesAndPrepaidExpenses
|
496000 | usd |
CY2021 | wlds |
Increase In Other Receivables And Prepaid Expenses
IncreaseInOtherReceivablesAndPrepaidExpenses
|
30000 | usd |
CY2020 | wlds |
Increase In Other Receivables And Prepaid Expenses
IncreaseInOtherReceivablesAndPrepaidExpenses
|
11000 | usd |
CY2022 | wlds |
Increase In Advance Payments
IncreaseInAdvancePayments
|
79000 | usd |
CY2021 | wlds |
Increase In Advance Payments
IncreaseInAdvancePayments
|
63000 | usd |
CY2020 | wlds |
Increase In Advance Payments
IncreaseInAdvancePayments
|
210000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-12000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
9000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
84000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
40000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-41000 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
194000 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
119000 | usd |
CY2020 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-72000 | usd |
CY2021 | wlds |
Increasedecrease In Advance Payments On Governmental Grant
IncreasedecreaseInAdvancePaymentsOnGovernmentalGrant
|
42000 | usd |
CY2020 | wlds |
Increasedecrease In Advance Payments On Governmental Grant
IncreasedecreaseInAdvancePaymentsOnGovernmentalGrant
|
-42000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
99000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
32000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-30000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5714000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2103000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1089000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
48000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
36000 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
16000 | usd |
CY2022 | wlds |
Prepayments Of Leasing
PrepaymentsOfLeasing
|
18000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-66000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-36000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16000 | usd |
CY2022 | wlds |
Proceeds From Issuance Of Units Of Ordinary Shares And Warrants In Connection With The Initial Publi
ProceedsFromIssuanceOfUnitsOfOrdinarySharesAndWarrantsInConnectionWithTheInitialPubli
|
14319000 | usd |
CY2021 | wlds |
Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Cost
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCost
|
2925000 | usd |
CY2022 | wlds |
Proceeds From Issuance Of Saf Es
ProceedsFromIssuanceOfSAFEs
|
500000 | usd |
CY2022 | wlds |
Refund To Safe Investors
RefundToSAFEInvestors
|
100000 | usd |
CY2022 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
800000 | usd |
CY2022 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
800000 | usd |
CY2022 | wlds |
Proceeds From Issuance Of Ordinary Shares As A Result Of Exercise Of Warrants
ProceedsFromIssuanceOfOrdinarySharesAsAResultOfExerciseOfWarrants
|
160000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000 | usd |
CY2021 | wlds |
Payment On Behalf Of Issued Shares
PaymentOnBehalfOfIssuedShares
|
12000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14879000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2938000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
9099000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
799000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1105000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1274000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
475000 | usd |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1580000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10373000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1274000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
475000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
40000 | usd |
CY2022 | wlds |
Conversion Of Safe To Equity
ConversionOfSAFEToEquity
|
400000 | usd |
CY2022 | wlds |
Rightof Use Asset Recognized Against Lease Liability
RightofUseAssetRecognizedAgainstLeaseLiability
|
229000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
13300000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
13400000 | usd |
CY2022Q3 | wlds |
Warrants Exercise Into Ordinary Shares
WarrantsExerciseIntoOrdinaryShares
|
40000 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40000 | shares |
CY2022 | wlds |
Gross Proceeds
GrossProceeds
|
16000000 | usd |
CY2022 | wlds |
Underwriting Net Proceed
UnderwritingNetProceed
|
14900000 | usd |
CY2022 | wlds |
Underwriting Discounts And Commissions
UnderwritingDiscountsAndCommissions
|
1100000 | usd |
CY2023Q1 | us-gaap |
Share Price
SharePrice
|
0.54 | |
CY2023Q1 | wlds |
Warrant Price
WarrantPrice
|
0.09 | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px"><span style="font-size: 10pt"><b>b.</b></span></td> <td style="padding-right: 3pt"><span style="font-size: 10pt"><b>Use of estimates</b></span></td></tr> </table><p style="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 3pt 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as to disclose contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting years. On an ongoing basis, management evaluates its estimates, judgments and assumptions. Management bases its estimates, judgments and assumptions on historical experience and on various other factors that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3pt 0pt 0"> </p> | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.08 | pure |
CY2022 | wlds |
Rate Of Monthly Severance Percentage
RateOfMonthlySeverancePercentage
|
0.0833 | pure |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
140000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
92000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
72000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
49000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
68000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
43000 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 48px"> </td> <td style="width: 24px"><span style="font-size: 10pt"><b>r.</b></span></td> <td><span style="font-size: 10pt"><b>Concentration of Credit Risk</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">The Company maintains certain cash balances in a well-known Israeli bank.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | |
CY2022 | wlds |
Grants Received Equal Percentage Rate
GrantsReceivedEqualPercentageRate
|
1 | pure |
CY2018Q4 | wlds |
Amounts Received Aggregate Amount
AmountsReceivedAggregateAmount
|
1224000 | usd |
CY2021Q3 | wlds |
Total Expenses Of Iia Plan
TotalExpensesOfIIAPlan
|
598000 | usd |
CY2022 | wlds |
Total Cash Received From The Iia
TotalCashReceivedFromTheIIA
|
544000 | usd |
CY2022 | wlds |
Except Transfer Production Right
ExceptTransferProductionRight
|
0.10 | pure |
CY2022 | wlds |
Production Transferred
ProductionTransferred
|
0.10 | pure |
CY2022 | wlds |
Pay Increased Royalties Description
PayIncreasedRoyaltiesDescription
|
the Company would be required to pay increased royalties, which usually amount to 1% in addition to the standard royalties rate 3%-3.5%, and also the total amount of its liability to the IIA may be increased to between 120% and 300% of the grants received from the IIA, depending on the manufacturing volume that is performed outside Israel (less royalties already paid to IIA). | |
CY2022 | wlds |
Marketing Grant Received
MarketingGrantReceived
|
1 | pure |
CY2022Q4 | us-gaap |
Grants Receivable Current
GrantsReceivableCurrent
|
102000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
5000 | usd |
wlds |
Lease Payment Increased
LeasePaymentIncreased
|
0.10 | pure | |
CY2022 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
74000 | usd |
CY2017 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
400000 | usd |
CY2018 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
600000 | usd |
CY2019Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
100000 | usd |
CY2019Q2 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
200000 | usd |
CY2019Q4 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
100000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.04 | pure |
CY2022 | wlds |
Ordinary Shares Par Value
OrdinarySharesParValue
|
0.01 | |
CY2019Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1500000 | usd |
CY2022 | wlds |
Convertible Security Description
ConvertibleSecurityDescription
|
The beneficial conversion feature of each one of convertible security was valued at zero. | |
CY2022Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
300000 | usd |
CY2022Q2 | wlds |
Premoney Valuation Amount
PremoneyValuationAmount
|
26400000 | usd |
CY2021Q2 | wlds |
Warrant Price Per Share Percentage
WarrantPricePerSharePercentage
|
0.80 | pure |
CY2021Q2 | wlds |
Purchase Price Per Share
PurchasePricePerShare
|
2.25 | |
CY2021Q2 | wlds |
Purchase Price Per Share
PurchasePricePerShare
|
2.25 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
2 | |
CY2022Q3 | us-gaap |
Other Borrowings
OtherBorrowings
|
800000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1000000 | usd |
CY2022Q3 | wlds |
Aggregate Amount
AggregateAmount
|
800000 | usd |
CY2022Q3 | us-gaap |
Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
|
0.04 | pure |
CY2022Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.22 | |
CY2022 | wlds |
Vesting Periods
VestingPeriods
|
P3Y | |
CY2021Q4 | wlds |
Issuance Of Shares Options
IssuanceOfSharesOptions
|
22205 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
2.25 | |
CY2021Q4 | wlds |
Termination Period
TerminationPeriod
|
P10Y | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P90D | |
CY2021Q4 | wlds |
Share Based Compensation Options
ShareBasedCompensationOptions
|
420090 | shares |
CY2021Q2 | wlds |
Ordinary Shares Warrant Exercisable
OrdinarySharesWarrantExercisable
|
671687 | shares |
CY2022 | wlds |
Saf Es Amount
SAFEsAmount
|
500000 | usd |
CY2022 | wlds |
Investor
Investor
|
5 | |
CY2022 | wlds |
Investor Amount
InvestorAmount
|
100000 | usd |
CY2022 | wlds |
Converted Amount
ConvertedAmount
|
400000 | usd |
CY2022Q4 | wlds |
Converted To Ordinary Shares
ConvertedToOrdinaryShares
|
118204 | shares |
CY2022Q4 | us-gaap |
Cash
Cash
|
100000 | usd |
CY2022Q4 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
25000 | usd |
CY2022Q3 | wlds |
Investors Exercised Warrants
InvestorsExercisedWarrants
|
40000 | shares |
CY2022Q4 | wlds |
Investors Exercised Warrants
InvestorsExercisedWarrants
|
4666 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
863264 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.614 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
765576 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.55 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
145000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.184 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
351000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.323 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
4666 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.003 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
241533 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.003 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
15334 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.003 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
11779 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.003 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
988264 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
0.563 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
863264 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
0.614 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
753236 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
0.703 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
564846 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
0.92 | |
CY2021Q4 | wlds |
Options Valued Amount
OptionsValuedAmount
|
932000 | usd |
CY2021Q4 | wlds |
Vesting Periods
VestingPeriods
|
P3Y | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
|
2.53 | |
CY2021Q2 | wlds |
Exercise Price Per Share
ExercisePricePerShare
|
2.25 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.39 | pure |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.016 | pure |
CY2022 | wlds |
Initial Exercise Percentage
InitialExercisePercentage
|
50 | usd |
CY2021 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
usd | |
CY2020 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
usd | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | |
CY2022Q1 | wlds |
Issuance Of Shares Options
IssuanceOfSharesOptions
|
105000 | shares |
CY2022Q1 | wlds |
Exercise Price Per Share
ExercisePricePerShare
|
0.003 | |
CY2022Q1 | wlds |
Termination Period
TerminationPeriod
|
P10Y | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P90D | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
|
2.8 | |
CY2022Q1 | wlds |
Options Expenses
OptionsExpenses
|
294000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
CY2022Q4 | wlds |
Exercise Price Per Share
ExercisePricePerShare
|
0.66 | |
CY2022Q4 | wlds |
Issuance Of Shares Options
IssuanceOfSharesOptions
|
40000 | shares |
CY2022Q4 | wlds |
Options To Purchase Of Ordinary Shares
OptionsToPurchaseOfOrdinaryShares
|
30000 | shares |
CY2022Q4 | wlds |
Termination Period
TerminationPeriod
|
P10Y | |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P90D | |
CY2022Q4 | us-gaap |
Fair Value Option Ineligible Items Aggregate Carrying Amount
FairValueOptionIneligibleItemsAggregateCarryingAmount
|
0.29 | usd |
CY2022Q4 | wlds |
Options Expenses
OptionsExpenses
|
20000 | usd |
CY2022Q4 | wlds |
Vesting Periods
VestingPeriods
|
P3Y | |
CY2022Q4 | wlds |
Option To Ordinary Shares
OptionToOrdinaryShares
|
424653 | shares |
CY2022Q4 | us-gaap |
Shares Held In Employee Stock Option Plan Allocated
SharesHeldInEmployeeStockOptionPlanAllocated
|
2257458 | shares |
CY2022 | wlds |
Options Expire Term
OptionsExpireTerm
|
P10Y | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
790000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
299000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
67000 | usd |
CY2022Q4 | wlds |
Exercise Price Of Warrants
ExercisePriceOfWarrants
|
4 | |
CY2022Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P2Y | |
CY2022 | wlds |
Warrant Be Reduced To An Exercise Price Percentage
WarrantBeReducedToAnExercisePricePercentage
|
0.50 | pure |
CY2022 | wlds |
Initial Exercise Price Percentage
InitialExercisePricePercentage
|
0.50 | pure |
CY2022 | wlds |
Weighted Average Price Percentage
WeightedAveragePricePercentage
|
1 | pure |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
2 | |
CY2021 | wlds |
Proceeds From Issuance Of Units Of Ordinary Shares And Warrants In Connection With The Initial Publi
ProceedsFromIssuanceOfUnitsOfOrdinarySharesAndWarrantsInConnectionWithTheInitialPubli
|
usd | |
CY2020 | wlds |
Proceeds From Issuance Of Units Of Ordinary Shares And Warrants In Connection With The Initial Publi
ProceedsFromIssuanceOfUnitsOfOrdinarySharesAndWarrantsInConnectionWithTheInitialPubli
|
usd | |
CY2022 | wlds |
Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Cost
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCost
|
usd | |
CY2020 | wlds |
Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Cost
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCost
|
usd | |
CY2021 | wlds |
Proceeds From Issuance Of Saf Es
ProceedsFromIssuanceOfSAFEs
|
usd | |
CY2020 | wlds |
Proceeds From Issuance Of Saf Es
ProceedsFromIssuanceOfSAFEs
|
usd | |
CY2021 | wlds |
Refund To Safe Investors
RefundToSAFEInvestors
|
usd | |
CY2020 | wlds |
Refund To Safe Investors
RefundToSAFEInvestors
|
usd | |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
usd | |
CY2020 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
usd | |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8800000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2000000 | usd |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q1 | wlds |
Officer Employee Monthly Salary
OfficerEmployeeMonthlySalary
|
70000 | ils |
CY2022Q1 | wlds |
Related Party Monthly Salary
RelatedPartyMonthlySalary
|
21000 | usd |
CY2022 | dei |
Document Accounting Standard
DocumentAccountingStandard
|
U.S. GAAP | |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
usd | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
usd | |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
usd | |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2020 | wlds |
Prospective Initial Public Offering Expenses
ProspectiveInitialPublicOfferingExpenses
|
usd | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.53 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6459910 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9709590 | shares |
CY2022 | wlds |
Accrued Interest On Convertible Securities
AccruedInterestOnConvertibleSecurities
|
usd | |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
usd | |
CY2022 | wlds |
Increasedecrease In Advance Payments On Governmental Grant
IncreasedecreaseInAdvancePaymentsOnGovernmentalGrant
|
usd | |
CY2021 | wlds |
Prepayments Of Leasing
PrepaymentsOfLeasing
|
usd | |
CY2020 | wlds |
Prepayments Of Leasing
PrepaymentsOfLeasing
|
usd | |
CY2021 | wlds |
Proceeds From Issuance Of Ordinary Shares As A Result Of Exercise Of Warrants
ProceedsFromIssuanceOfOrdinarySharesAsAResultOfExerciseOfWarrants
|
usd | |
CY2020 | wlds |
Proceeds From Issuance Of Ordinary Shares As A Result Of Exercise Of Warrants
ProceedsFromIssuanceOfOrdinarySharesAsAResultOfExerciseOfWarrants
|
usd | |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
usd | |
CY2020 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
usd | |
CY2022 | wlds |
Payment On Behalf Of Issued Shares
PaymentOnBehalfOfIssuedShares
|
usd | |
CY2020 | wlds |
Payment On Behalf Of Issued Shares
PaymentOnBehalfOfIssuedShares
|
usd | |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
usd | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2021 | wlds |
Conversion Of Safe To Equity
ConversionOfSAFEToEquity
|
usd | |
CY2020 | wlds |
Conversion Of Safe To Equity
ConversionOfSAFEToEquity
|
usd | |
CY2021 | wlds |
Rightof Use Asset Recognized Against Lease Liability
RightofUseAssetRecognizedAgainstLeaseLiability
|
usd | |
CY2020 | wlds |
Rightof Use Asset Recognized Against Lease Liability
RightofUseAssetRecognizedAgainstLeaseLiability
|
usd | |
CY2022 | wlds |
Sales And Marketing Expenses
SalesAndMarketingExpenses
|
usd | |
CY2022 | wlds |
Warrants Exercisable Term
WarrantsExercisableTerm
|
P5Y | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001887673 |