WiSA Technologies Overview - WiSA's technology enables the transmission of multi-channel, high-bitrate, uncompressed audio streams for an immersive spatial audio experience[4] - WiSA aims to establish itself as the standard for wireless spatial audio, embedded in OEM SoCs[8] - WiSA has over 30 brands that have designed WiSA technologies into their products[20] WiSA E Opportunity - WiSA E's software can be implemented on TVs for wireless audio transmission[15] - Strategic customers have the potential to ship 1 million – 3 million WiSA E products per year, generating potential revenue of $5 million - $15 million per year per customer[16] - WiSA E targets a total addressable market (TAM) of over 2 billion units[20] Financial Performance - WiSA anticipates sequential revenue growth in the third and fourth quarters of 2023[18] - Cash operating expenses for the second half of 2023 are projected to be approximately $0.5 million less than the second half of 2022[18] - 2024 cash operating expenses are expected to be approximately $2 million lower compared to 2023[18]
WiSA Technologies(WISA) - 2023 Q2 - Earnings Call Presentation