Technology -
Consumer Electronics - NASDAQ - IL
$ 0.451
-8 %
$ 1.57 M
Market Cap
-0.05
P/E
1. INTRINSIC VALUE
Balance Sheet
Wearable Devices Ltd.
| Current Assets | 6.75 M |
| Cash & Short-Term Investments | 4.86 M |
| Receivables | 0 |
| Other Current Assets | 1.9 M |
| Non-Current Assets | 840 K |
| Long-Term Investments | 54 K |
| PP&E | 786 K |
| Other Non-Current Assets | 0 |
| Current Liabilities | 1.79 M |
| Accounts Payable | 410 K |
| Short-Term Debt | 297 K |
| Other Current Liabilities | 1.08 M |
| Non-Current Liabilities | 278 K |
| Long-Term Debt | 278 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Wearable Devices Ltd.
| Revenue | 82 K |
| Cost Of Revenue | 62 K |
| Gross Profit | 20 K |
| Operating Expenses | 8.21 M |
| Operating Income | -8.19 M |
| Other Expenses | -372 K |
| Net Income | -7.81 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Wearable Devices Ltd.
| Net Income | -7.81 M |
| Depreciation & Amortization | 68 K |
| Capital Expenditures | -194 K |
| Stock-Based Compensation | 241 K |
| Change in Working Capital | -816 K |
| Others | -103 K |
| Free Cash Flow | -8.63 M |
Wall Street Analysts Price Targets
Wearable Devices Ltd.
WLDS has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
WLDS does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Wearable Devices Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Wearable Devices Unlocks New Market Opportunities Following an Announcement of the Development of AI-Powered Gesture Personalization Technology
- Advancing AI-driven interactions for extended reality (“XR”) and wearable technology markets – Yokneam Illit, Israel, March 05, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is proud to announce its next-generation gesture personalization technology that is expected to reshape human-device interactions.
globenewswire.com
- 1 week ago
Wearable Devices to Showcase the World's First Neural Sensing Wristband at MWC Barcelona 2025
The Company will demonstrate its newly launched Mudra Link across multiple operating systems alongside the Mudra Dev-Kit, with a strong focus on Extended Reality (XR) and smart glasses applications
globenewswire.com
- 1 week ago
Wearable Devices Unveils Future AI-Powered Gesture Personalization Technology, Paving the Way for Next-Gen User Interactions
Yokneam Illit, Israel, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is developing cutting-edge methods for gesture personalization that will transform user interactions in the near future. By harnessing biopotential signals from the human wrist, Wearable Devices is working towards redefining how people interact with digital devices, creating an intuitive, personalized experience for the AI era.
globenewswire.com
- 1 month ago
Wearable Devices Introduces AI-Powered LLM for Next-Level Gesture Control
The Large MUAP Models (LMM) AI-powered neural gesture technology enables personalized, intuitive interactions for the AI and XR era
globenewswire.com
- 1 month ago
Wearable Devices Unveils the LLM of Gesture Control: Large MUAP Models (LMM) Set to Revolutionize Human-Computer Interaction
Pioneering AI-powered neural gesture technology enables personalized, intuitive interactions for the AI and XR era Yokneam Illit, Israel, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced a groundbreaking advancement in human-computer interaction: Large MUAP Models ( “ LMM ” ).
globenewswire.com
- 1 month ago
Wearable Devices Ltd. Announces Closing of $2.5 Million Public Offering
Yokneam Illit, Israel, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced the closing of its previously announced "reasonable best efforts" public offering with a single institutional investor for the purchase and sale of 345,000 ordinary shares, 2,155,000 pre-funded warrants, and warrants to purchase up to 2,500,000 ordinary shares, at a combined offering price of $1.00 per share and accompanying warrant (the “Offering”). The Company received aggregate gross proceeds of approximately $2.5 million, before deducting placement agent fees and other offering expenses and assuming no exercise of the warrants. The warrants have an exercise price of $1.00 per share, are exercisable immediately and expire five years from the issuance date.
globenewswire.com
- 1 month ago
Wearable Devices Ltd. Announces Pricing of $2.5 Million Public Offering
Yokneam Illit, Israel, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced the pricing of its "reasonable best efforts" public offering with a single institutional investor for the purchase and sale of up 2,500,000 ordinary shares (or pre-funded warrants in lieu thereof) and warrants to purchase up to 2,500,000 ordinary shares, at a combined offering price of $1.00 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $2.5 million, before deducting placement agent fees and other offering expenses and assuming no exercise of the warrants. The warrants will have an exercise price of $1.00 per share, will be exercisable immediately and will expire five years from the issuance date.
globenewswire.com
- 1 month ago
Open for Orders: Wearable Devices Announces the Availability of its Mudra Link Neural Gesture-Control Wristband
The Mudra Link was showcased at CES® 2025 and recognized with an Innovation Awards in the XR Technologies & Accessories category
globenewswire.com
- 1 month ago
Wearable Devices Announces Receipt of Nasdaq Notification of Minimum Stockholders' Equity Non-Compliance
Yokneam Illit, Israel, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced that it has received a written notification (the "Notification Letter") from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is no longer in compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market, listing Rule 5550(b)(1), due to its failure to maintain a minimum of $2,500,000 in stockholders' equity. In the Company's Report of Foreign Private Issuer on Form 6-K, dated September 23, 2024, the Company reported stockholders' equity of approximately $1,695,000 as of June 30, 2024.
globenewswire.com
- 1 month ago
Wearable Devices Gains Global Recognition at CES 2025 for Innovation in Neural Gesture-Control Technology
Yokneam Illit, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, is pleased to announce that its Mudra Link Neural Gesture-Control Wristband received widespread acclaim at CES 2025, solidifying its reputation as an innovation leader in wearable technology.
globenewswire.com
- 2 months ago
Wearable Devices and RayNeo to Unveil Transformative Gesture-Controlled AR Glasses Powered by Mudra Neural Wristband and Snapdragon XR Platform at CES®
Yokneam Illit, Israel, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) and RayNeo™ today announced their groundbreaking collaboration to redefine the augmented reality (“AR”) experience with the debut of the RayNeo™ X3 Pro glasses, pre-bundled with Wearable Devices' Mudra® neural input wristband. The glasses are powered by the Snapdragon® AR1 Gen 1 Platform from Qualcomm Technologies, Inc. This ecosystem collaboration sets a new standard for intuitive and immersive AR interaction.
globenewswire.com
- 2 months ago
Wearable Devices Announces General Availability of its Mudra Link Neural Gesture-Control Wristband
Award-Winning Technology to be Showcased at CES® Booth #15758 Yokneam Illit, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the general availability of its Mudra® Link, the first neural wristband for Android, macOS and Windows devices.
globenewswire.com
- 2 months ago
8. Profile
Summary
Wearable Devices Ltd. WLDS
COUNTRY
IL
INDUSTRY
Consumer Electronics
MARKET CAP
$ 1.57 M
Dividend Yield
0.00%
Description
Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company offers Mudra Inspire development kits that enables users to control digital devices through finger movements and hand gestures. These digital devices include consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal computers and laptop computers, drones, robots, etc. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, and academia and research universities, as well as consumers from B2C market. The company was incorporated in 2014 and is based in Yokneam Illit, Israel.
Contact
2 Ha-Ta’asiya St., Yokneam Illit, 2069803
https://wearabledevices.co.il
IPO
Date
Sept. 13, 2022
Employees
28
Officers
Mr. Leeor Langer
Co-Founder & Chief Technology Officer
Dr. Offir Remez
Executive Vice President of Business Development
Mr. Barry Kaplan
Executive Vice President of the U.S. Operations
Mr. Shmuel Barel
Chief Marketing Officer
Ms. Tamar Fleisher
Chief Operating Officer
Mr. Alon Mualem CPA
Chief Financial Officer
Mr. Guy Wagner
Co-Founder, Chief Scientific Officer, President & Director
Mr. Asher Dahan
Co-Founder, Chairman & Chief Executive Officer