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 ...

As filed with the U.S. Securities and Exchange Commission on February 13, 2024 Registration No. 333-276631 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 POST-EFFECTIVE AMENDMENT NO. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WiSA Technologies, Inc. (Exact name of registrant as specified in its charter) Copies to: David E. Danovitch, Esq. Aaron M. Schleicher, Esq. Sullivan & Worcester LLP 1633 Broadway New York, NY 10019 (212) 660-3060 (State or other juri ...

As filed with the Securities and Exchange Commission on February 9, 2024 Registration No. 333-276631 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 3 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WISA TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3674 30-1135279 (Primary Standard Industrial Classification Code Number) (IRS Employer Identification No ...

FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the Securities and Exchange Commission on February 8, 2024 Registration No. 333-276631 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 to Brett Moyer Chief Executive Officer WiSA Technologies, Inc. 15268 NW Greenbrier Pkwy Beaverton, OR 97006 (408) 627-4716 (Name, address, including zip code, and telephone number, including area code, of agent for service) WISA TECHNOLOGIES, INC. (Exact nam ...

As filed with the Securities and Exchange Commission on February 5, 2024 Registration No. 333-276631 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WISA TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 3674 30-1135279 (Primary Standard Industrial Classification Code Number) (IRS Employer Identification No ...

As filed with the Securities and Exchange Commission on January 19, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WiSA Technologies, Inc. 15268 NW Greenbrier Pkwy Beaverton, OR 97006 (408) 627-4716 (Address, including zip code and telephone number, including area code, of registrant's principal executive offices) Brett Moyer Chief Executive Officer WiSA Technologies, Inc. 15268 NW Greenbrier Pkwy Beaverton, OR 97006 (408) 627-4716 WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION ST ...

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 ...