Financial Performance - Net revenue for the three months ended June 30, 2024, was $345,000, a decrease of 18.82% from $425,000 in the same period of 2023[9]. - Gross profit for the three months ended June 30, 2024, was $11,000, compared to a gross loss of $201,000 in the same period of 2023[9]. - Net loss for the three months ended June 30, 2024, was $42,665,000, compared to a net loss of $5,326,000 in the same period of 2023, indicating a significant increase in losses[9]. - For the six months ended June 30, 2024, the net loss was $39,958 thousand, compared to a net loss of $6,247 thousand for the same period in 2023, indicating a significant increase in losses[15]. - Revenue for the six months ended June 30, 2024, was $600,000, down from $894,000 in the same period of 2023, reflecting a decline of approximately 33%[9]. - Gross deficit for the six months ended June 30, 2024, was ($72,000), an improvement from a gross deficit of ($1,454,000) for the same period in 2023, with a gross margin of (12%)[165]. Assets and Liabilities - Total assets increased to $10,632,000 as of June 30, 2024, compared to $4,823,000 as of December 31, 2023, representing a growth of 120%[5]. - Total liabilities decreased to $4,202,000 as of June 30, 2024, from $9,733,000 as of December 31, 2023, a reduction of 56.7%[6]. - Total stockholders' equity increased to $6,430,000 as of June 30, 2024, compared to a deficit of $5,157,000 as of December 31, 2023[7]. - Total current assets increased to $9,973,000 as of June 30, 2024, from $4,083,000 as of December 31, 2023, showing a growth of approximately 144%[5]. Cash Flow and Liquidity - Cash and cash equivalents rose to $6,113,000 as of June 30, 2024, compared to $411,000 as of December 31, 2023, marking a substantial increase[5]. - Cash and cash equivalents as of June 30, 2024, were $6,113,000, up from $2,007,000 as of June 30, 2023, reflecting improved liquidity[15]. - The company reported a net cash used in operating activities of $9,045 thousand for the six months ended June 30, 2024, compared to $9,126 thousand for the same period in 2023[15]. Expenses - Operating expenses for the three months ended June 30, 2024, totaled $5,416,000, an increase of 20.5% from $4,492,000 in the same period of 2023[9]. - Research and development expenses for the three months ended June 30, 2024, were $1,789,000, a slight decrease from $1,933,000 in the same period of 2023[9]. - General and administrative expenses for the three months ended June 30, 2024, were $2,762,000, an increase of $1,292,000 compared to $1,470,000 for the same period in 2023[168]. - Stock-based compensation for the six months ended June 30, 2024, was $777 thousand, down from $980 thousand in the same period in 2023[15]. Compliance and Regulatory - The company has regained compliance with Nasdaq's minimum bid price requirement and equity requirement as of April 29, 2024, and July 3, 2024, respectively[19][20]. - The company has been subject to monitoring for compliance with Nasdaq listing rules for one year following the regaining of compliance[19][20]. Capital Raising and Financing - The company issued common stock and warrants, net of offering costs, amounting to $19,980 thousand in the first half of 2024, compared to $1,927 thousand in the same period of 2023[15]. - The company will need to raise additional funds in the next 12 months, potentially through selling equity or incurring debt, to support its operations[61]. - The company raised approximately $9.987 million from the February 2024 public offering, with gross proceeds of $1.543 million from February Units and $8.444 million from February Pre-Funded Units[112]. Market and Operational Risks - The company relies on sole-source suppliers for critical components, which poses risks to meeting demand[30]. - The company’s future operating results are subject to risks including rapid technological change and competition from larger companies[29]. Stock and Warrants - The company issued additional warrants to purchase 5,602,693 shares of common stock due to a provision triggered by a reverse stock split in April 2024[172]. - As of June 30, 2024, there were 8,832,641 warrants outstanding with exercise prices between $0.015 and $3.48, and 954,827 warrants with exercise prices between $5.06 and $6.00[139]. Technology and Innovation - The company introduced its second generation technology, WiSA E, in 2023, which allows for seamless integration across platforms and devices[161]. - The company is focused on delivering immersive wireless sound technology for next-generation home entertainment systems, indicating ongoing commitment to innovation and market expansion[17].

Exhibit 99.3 WiSA Technologies, Inc., Q1 2024 Earnings Call, May 21, 2024 (EditedCopy) TEXT version of Transcript Corporate Participants * Brett A. Moyer WiSA Technologies, Inc. - Chairman, President & CEO Conference Call Participants * Edward Moon Woo Ascendiant Capital Markets LLC, Research Division - Director of Research and Senior Research Analyst of Internet & Digital Media * Jack Vander Aarde Maxim Group LLC, Research Division - Vice President & Senior Research Analyst Brett A. Moyer, WiSA Technologie ...

Financial Data and Key Metrics Changes - The company reported revenue of under $500,000 in Q1 2024, with expectations for revenue growth in the second half of the year due to new licensing agreements [23][29]. Business Line Data and Key Metrics Changes - The company has signed five licenses for its WiSA E technology, with expectations to reach at least eight licenses by the end of 2024, indicating a strong start in the licensing of its new technology [17][21]. Market Data and Key Metrics Changes - The company has penetrated multiple market segments, including TVs, set-top boxes, and projectors, with at least one license in each of these categories [17]. Company Strategy and Development Direction - The company aims to leverage its strong patent portfolio and the WiSA Association to ensure interoperability among products, similar to the HDMI model, which is crucial for market adoption [7][8]. - The strategy focuses on starting with TV licensing and expanding into other sectors like set-top boxes and mobile devices, with a goal of creating a universal audio experience across various platforms [17][20]. Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, noting that the traditional customer base is beginning to reorder products, indicating a recovery from previous inventory issues [23]. - The company is focused on maintaining a strong cash position, with $8 million on the balance sheet to support the launch of WiSA E and ensure compliance with NASDAQ listing requirements [24]. Other Important Information - The company is seeking to lower the quorum threshold for shareholder meetings to facilitate business operations, which reflects a strategic move to enhance governance and operational efficiency [25][26]. Q&A Session Summary Question: Insights on the transformative nature of the WiSA E agreements - Management acknowledged the potential transformative impact of the existing agreements on revenue and margins, but noted that specific revenue guidance has not yet been provided [28][30]. Question: Expected revenue ramp from existing agreements - Management indicated that while initial shipments from some agreements are expected in Q3, mass production dates may vary, leading to a staggered revenue ramp [30]. Question: Details on licensing revenue streams - Management clarified that revenue streams from licensing agreements will vary, with engineering services expected to increase in Q2 and Q3, while royalties will commence later in the year [31][32]. Question: International launch strategy for WiSA E - Management confirmed that the WiSA E launch is international, with a focus on both US and international markets, adapting marketing strategies to different consumer awareness levels [36][37].

Financial Performance - Revenue for the three months ended March 31, 2024, was $255,000, down 45.6% from $469,000 in the same period of 2023[14]. - Gross deficit improved to $(83,000) for Q1 2024, compared to $(1,253,000) in Q1 2023, indicating a significant reduction in losses[14]. - Net income for Q1 2024 was $2,707,000, a turnaround from a net loss of $(921,000) in Q1 2023[14]. - Net loss attributable to common stockholders was $(3,135,000) for Q1 2024, compared to $(921,000) in Q1 2023, reflecting the impact of preferred stock conversions[14]. - Revenue is primarily generated from two categories: Consumer Audio Products and Components, with revenue recognized upon transfer of control to the customer[50]. - For the three months ended March 31, 2024, net revenue was $255,000, a decrease of 45.7% compared to $469,000 for the same period in 2023[55]. - Consumer audio products revenue for Q1 2024 was $96,000, down 32.4% from $142,000 in Q1 2023[55]. - The company reported a comprehensive loss for the three months ended March 31, 2024, which is the same as its net loss[63]. - The Company has incurred recurring losses from operations since inception, highlighting the risks associated with its emerging business model[204]. Assets and Liabilities - Total assets increased to $6,930,000 as of March 31, 2024, compared to $4,823,000 as of December 31, 2023, representing a 43.7% growth[10]. - Cash and cash equivalents increased to $2,763,000 as of March 31, 2024, from $411,000 at the beginning of the period[21]. - Total inventories as of March 31, 2024, were $2.579 million, a decrease from $2.737 million as of December 31, 2023[79]. - Contract liabilities decreased to $13,000 as of March 31, 2024, down from $19,000 as of December 31, 2023[57]. - Total accrued liabilities decreased from $1,317,000 on December 31, 2023, to $1,088,000 on March 31, 2024, representing a reduction of approximately 17.3%[81]. - The Company has a total minimum lease payment liability of $929,000 as of March 31, 2024, with a present value of capital lease obligations at $653,000[167]. Cash Flow and Financing - Net cash used in operating activities was $(3,540,000) for Q1 2024, an improvement from $(4,618,000) in Q1 2023[21]. - Proceeds from the issuance of common stock and prefunded warrants totaled $11,517,000 in Q1 2024, compared to $6,968,000 in Q1 2023[21]. - The Company intends to raise additional funds through the issuance of equity securities or debt to support its operations[78]. - The Company issued a senior secured convertible note with a principal amount of $3,600,000, receiving net proceeds of $2,483,000 after fees, primarily for working capital[82]. - The Company entered into promissory notes totaling $1,000,000 on January 19, 2024, with gross proceeds of $600,000 received before fees[99]. - The Company recorded $737,000 of interest expense from the amortization of debt discounts during the year ended December 31, 2023[84]. Compliance and Regulatory Matters - The Company reported stockholders' equity (deficit) of ($885,000) as of September 30, 2023, failing to meet the Nasdaq Stockholders' Equity Requirement of $2,500,000[26]. - The Company regained compliance with the Minimum Bid Price Requirement by April 29, 2024, after previously closing below $1 per share for 30 consecutive business days[29]. - The Company has a one-year mandatory panel monitor period starting April 29, 2024, to ensure continued compliance with Nasdaq listing rules[29]. - The Company received a compliance letter from Nasdaq on April 29, 2024, confirming it regained compliance with the Minimum Bid Price Requirement[183]. Risks and Challenges - The Company relies on sole-source suppliers for critical components, which poses risks to manufacturing and supply chain stability[39]. - The Company is subject to risks including rapid technological change and competition from larger companies, which could impact future operating results[38]. - As of March 31, 2024, three customers accounted for 58%, 16%, and 10% of accounts receivable, indicating a significant concentration of credit risk[37]. Research and Development - Research and development expenses for Q1 2024 were $1,715,000, a decrease of $178,000 from $1,893,000 in Q1 2023, mainly due to reduced consulting expenses[208]. - The company expects operating losses to continue due to additional costs related to research and development and plans to expand its product portfolio[76]. - The Company introduced its second generation technology, WiSA E, which allows for interoperable high-quality audio across various devices[203]. Stock and Equity Transactions - The company executed a 1-for-150 reverse stock split in April 2024, impacting share and per share amounts[11]. - The Company repurchased 62,657 Series B Preferred Stock shares and 81,315 Series B Preferred Stock warrants for a total of $6,266,000, with unamortized discounts recorded as deemed dividends[117]. - The Company recorded stock-based compensation of $64,000 related to the September 2021 Inducement Grant for the three months ended March 31, 2024[126]. - The Company recorded additional discounts to the Series B Preferred Stock for a beneficial conversion feature of $196,000 related to the exercise of Series B Preferred Stock Warrants[109].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 001-38608 WISA Technologies, Inc. (Exact name of registrant as specified in its charter) (State ...

WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) March 25, 2024 WISA TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incorporation) (Commission File Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended t ...

WiSA Technologies, Inc. (NASDAQ:WISA) Q3 2023 Earnings Call Transcript November 15, 2023 11:00 AM ET Company Participants David Barnard - IR, LHA IR Brett Moyer - CEO and President Conference Call Participants Jack Vander Aarde - Maxim Group Operator Good day, and welcome to the WiSA Technologies Third Quarter 2023 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] P ...

High-quality Wireless Spatial Audio wisa. WiSA Technologies, Inc. Q3 2023 Results November 15, 2023 Forward Looking Statements This presentation of WiSA Technologies, Inc. (NASDAQ: WISA) (the "Company" or "WiSA") contains forward-looking statements, which are not historical facts, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Our actual results, performance or achievements may differ materially from those expr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________to _______________. Commission File Number: 001-38608 WiSA Technologies, Inc. (Exact name of registrant as specified in it ...

WiSA Technologies, Inc. (NASDAQ:WISA) Q2 2023 Earnings Conference Call August 15, 2023 11:00 AM ET Company Participants David Barnard - LHA IR Brett Moyer - CEO and President Conference Call Participants Jack Vander Aarde - Maxim Group James Mcllree - Dawson James Operator Good day, and welcome to the WiSA Technologies Second Quarter 2023 Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to David Barnard with LHA Investor ...