Technology -
Consumer Electronics - NASDAQ - IL
$ 1.62
0.621 %
$ 4.1 M
Market Cap
-0.19
P/E
1. INTRINSIC VALUE
82 K
REVENUE
-8.19 M
OPERATING INCOME
-7.81 M
NET INCOME
-8.43 M
OPERATING CASH FLOW
-4.25 M
INVESTING CASH FLOW
3.12 M
FINANCING CASH FLOW
394 K
REVENUE
-4.22 M
OPERATING INCOME
-4.21 M
NET INCOME
-3.86 M
OPERATING CASH FLOW
3.97 M
INVESTING CASH FLOW
2.19 M
FINANCING CASH FLOW
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
24.39%
GROSS MARGIN
-9982.93%
OPERATING MARGIN
-9529.27%
NET MARGIN
-141.40%
ROE
-102.92%
ROA
-148.14%
ROIC
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 Ltd. Announces Closing of $1.85 Million Registered Direct Offering and Concurrent Private Placement
Yokneam Illit, Israel, Nov. 27, 2024 (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 closed its registered direct offering and concurrent private placement, announced on November 26, 2024, for the issuance and sale of 822,000 ordinary shares (or ordinary share equivalents) in a registered direct offering and warrants to purchase up to 822,000 of its ordinary shares in concurrent private placement at a combined purchase price of $2.25 per ordinary share. The warrants issued pursuant to the concurrent private placement have an exercise price of $2.50 per ordinary share, are immediately exercisable and expire five years following the date of issuance.
globenewswire.com
- 2 weeks ago
Wearable Devices Redefines the Neural Wristband Category with SNC Technology for XR Interaction
Yokneam Illit, Israel, Nov. 19, 2024 (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, introduces the groundbreaking Neural Wristband category with its Mudra Band and Mudra Link. These innovative devices use proprietary Surface Nerve Conductance (“SNC”) technology to detect neural signals and wrist movements, allowing users to control digital devices through intuitive gestures. As the demand for face-worn devices is rising and with new product announcements by Meta and Snap, among other brands and devices, a neural wristband provides hands-free control through natural gestures, enhancing immersion and user satisfaction.
globenewswire.com
- 3 weeks ago
Wearable Devices and TCL's RayNeo Join Forces to Bring the Future of Neural Controller Wristband to AR Glasses Market Significantly Ahead of Meta
YOKNEAM ILLIT, ISRAEL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, announces an innovative collaboration with TCL-RayNeo™ (“RayNeo”), a leader in augmented reality (“AR”) technology, aiming at bringing mass-market neural interface wristband for AR glasses to life now.
globenewswire.com
- 1 month ago
Wearable Devices Regains Compliance with Nasdaq Minimum Bid Price Rule
YOKNEAM ILLIT, ISRAEL, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced that it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.
globenewswire.com
- 1 month ago
Wearable Devices Unveils Foundational White Paper on the Future of Gesture Control and Neural Interfaces
Yokneam Ilit, Israel, Oct. 21, 2024 (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 release of a landmark white paper titled, “Elevating AR Glasses User Experience with Gesture Control and Neural Wristband.” The white paper provides an in-depth and definitive analysis of emerging trends in gesture control technology, comparing camera-based solutions with wearable neural interfaces that present a clear case for the future of seamless, wrist-worn input control.
globenewswire.com
- 1 month ago
Wearable Devices and RayNeo Collaborate to Lead the Industry of Neural Control for AR Glasses
YOKNEAM ILLIT, ISRAEL, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announces the collaboration with RayNeo™ (“RayNeo”), a leader in augmented reality (AR) technology, to collaborate in delivering mass production level solution of next-generation neural interface AR glasses.
globenewswire.com
- 1 month ago
Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology
YOKNEAM ILLIT, ISRAEL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced the official launch of its Mudra Band on Walmart.com (“Walmart”). This exciting development brings the Company's innovative neural-based gesture control technology to one of the largest retail platforms in the world, making it more accessible to millions of Apple users in the United States.
globenewswire.com
- 2 months ago
Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South Korea
The new patent application, filed as part of the Patent Cooperation Treaty (PCT) national stage, aims to protect the Company's global patent portfolio in the Asian markets
globenewswire.com
- 2 months ago
Wearable Devices Boldly Welcomes Meta's Neural Control Entry to the AR/VR/XR Market
Yokneam Ilit, Israel, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in AI-based gesture control technology, today applauded Meta's entrance into the gesture control space with its announcement at Meta Connect 2024.
globenewswire.com
- 2 months ago
Wearable Devices Announces First Half 2024 Financial Results
Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations
globenewswire.com
- 2 months ago
Control Your Apple Watch Like Never Before with Wearable Devices' Mudra Band Gesture Control Neural Wristband
YOKNEAM ILLIT, ISRAEL, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, is thrilled to unveil the newest upgrade to its flagship product, the Mudra Band for the Apple Watch. Imagine hands-free control with just a gesture! The enhanced functionality of the Mudra Band enables seamless, same-hand, touchless watch operation, providing unmatched convenience and accessibility for all Apple Watch users.
globenewswire.com
- 2 months ago
Introducing the Mudra Link: Endless Possibilities at Your Fingertips – Now Available for Pre-Order!
Secure your exclusive discount for early access to the Mudra Link
globenewswire.com
- 2 months ago
8. Profile
Summary
Wearable Devices Ltd. WLDS
COUNTRY
IL
INDUSTRY
Consumer Electronics
MARKET CAP
$ 4.1 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. Barry Kaplan
Executive Vice President of the U.S. Operations
Ms. Tamar Fleisher
Chief Operating Officer
Dr. Offir Remez
Executive Vice President of Business Development
Mr. Guy Wagner
Co-Founder, Chief Scientific Officer, President & Director
Mr. Shmuel Barel
Chief Marketing Officer
Mr. Leeor Langer
Co-Founder & Chief Technology Officer
Mr. Alon Mualem CPA
Chief Financial Officer
Mr. Asher Dahan
Co-Founder, Chairman & Chief Executive Officer