Financial Performance & Growth - Q4 2021 revenue reached $2.0 million, a 93% increase compared to Q4 2020[41] - The company anticipates a 30-50% year-over-year revenue growth for the full year 2022[41,44] - Gross margin in Q4 2021 was 30%, up from 24% in Q4 2020[41] - The company projects a 28-30% gross margin target for 2022[41] Market & Technology Expansion - WiSA is expanding its technology from the audiophile market to the broader immersive audio consumer market, targeting a Total Addressable Market (TAM) of over 1 billion units[44] - The company is moving towards lower costs and ubiquity with low-cost IoT chip modules and embedded software/IP[10] - WiSA's new branding strategy aims to increase consumer awareness of interoperable products[9] Product & Application Development - The SoundSend app will be expanded from Android TVs to Web OS (LG) and Tizen (Samsung) in 2022[29] - WiSA is launching new feature WiSADS in March 2022, with lower price < $15 for wireless modules[32,33] Market Opportunity - The projected soundbar Serviceable Available Market (SAM) for 2022 is 52.1 million units[34] - WiSA systems are projected to account for 2.1 million units of the soundbar market in 2022, representing a 5% market share[35]
WiSA Technologies(WISA) - 2021 Q4 - Earnings Call Presentation