Summit wireless technologies, inc. (WISA)
Balance Sheet / Yearly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Dec'17
Assets
Current Assets:
Cash and cash equivalents

298

284

3,322

322

3,218

6,101

425

249

Accounts receivable

108

84

18

55

112

51

6

54

Inventories

2,666

2,036

2,082

1,764

1,383

1,171

816

692

Prepaid expenses and other current assets

944

909

490

477

428

562

610

203

Total current assets

4,016

3,313

5,912

2,618

5,141

7,886

1,858

1,200

Restricted cash

-

-

-

-

-

-

0

-

Property and equipment, net

84

98

107

96

110

104

81

64

Intangible assets, net

28

36

44

53

61

69

77

94

Other assets

94

94

94

95

94

97

97

97

Total assets

4,222

3,541

6,157

2,862

5,406

8,158

2,115

1,456

Liabilities, Convertible Preferred Stock and Stockholders' Equity
Current Liabilities:
Accounts payable

1,554

696

1,018

864

532

935

2,026

1,331

Accrued liabilities

1,146

1,033

760

718

846

548

775

715

Accrued interest

-

-

-

-

-

0

6,993

1,867

Promissory notes

-

-

-

-

-

-

2,250

-

Convertible notes payable

-

-

-

-

-

0

17,659

5,241

Total current liabilities

2,700

1,729

1,778

1,582

1,378

1,483

29,705

9,155

Derivative liability

387

387

387

-

0

0

25,776

20,832

Warrant liability

24

21

39

103

210

220

5,349

1,227

Total liabilities

3,111

2,137

2,204

1,685

1,588

1,704

60,831

31,215

Commitments and contingencies (Note 9)

-

-

-

-

-

0

0

-

Series A 8% Senior Convertible Preferred stock, par value $0.0001; 1,250,000 shares authorized; 250,000 and zero shares issued and outstanding as of December 31, 2019 and 2018,respectively, (liquidation preference of $1,056,000 and $0)

517

497

477

-

0

-

-

-

Preferred stock, par value $0.0001; 20,000,000 shares authorized; 0 and 2,762,594 shares issued and outstanding as of December 31, 2018 and 2017 (liquidation preference of $0 and $12,432,000 as of December 31, 2018 and 2017)

-

-

-

-

-

0

64,734

64,734

Stockholders' Equity:
Common stock, par value $0.0001; 200,000,000 shares authorized; 24,873,191 and 15,366,327 shares issued and outstanding as of December 31, 2019 and 2018,respectively

2

2

2

2

2

1

0

0

Additional paid-in capital

188,318

184,700

184,561

179,436

179,501

179,397

17,640

13,831

Accumulated other comprehensive loss

-48

-58

-58

-56

-45

-44

-42

-41

Accumulated deficit

-187,678

-183,737

-181,029

-178,205

-175,640

-172,900

-141,048

-108,283

Total stockholders' equity

594

907

3,476

1,177

3,818

6,453

-123,450

-94,493

Total liabilities, convertible preferred stock and stockholders' equity

4,222

3,541

6,157

2,862

5,406

8,158

2,115

1,456