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Wearable Devices Ltd.
(NASDAQ:WLDS)
Wearable Devices Ltd. (WLDS) vs. SPDR S&P 500 ETF (SPY)
Wearable Devices Ltd. Business Overview & Revenue Model
Wearable Devices Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 522.00K | 82.00K | 45.00K | 142.00K | 57.00K |
| Gross Profit | 85.00K | 20.00K | 19.67K | 126.50K | 48.00K |
| EBITDA | -7.71M | -8.12M | -6.43M | -2.60M | -1.15M |
| Net Income | -7.88M | -7.81M | -6.50M | -2.61M | -1.26M |
Balance Sheet | |||||
| Total Assets | 5.98M | 7.59M | 11.22M | 1.45M | 593.00K |
| Cash, Cash Equivalents and Short-Term Investments | 3.95M | 4.86M | 10.37M | 1.27M | 475.00K |
| Total Debt | 1.08M | 575.00K | 162.00K | 0.00 | 3.05M |
| Total Liabilities | 2.12M | 2.07M | 1.24M | 638.00K | 3.47M |
| Stockholders Equity | 3.86M | 5.53M | 9.98M | 807.00K | -2.88M |
Cash Flow | |||||
| Free Cash Flow | -7.66M | -8.63M | -5.76M | -2.14M | -1.10M |
| Operating Cash Flow | -7.61M | -8.43M | -5.71M | -2.10M | -1.09M |
| Investing Cash Flow | 3.20M | -4.25M | -66.00K | -36.00K | -16.00K |
| Financing Cash Flow | 6.70M | 3.12M | 14.88M | 2.94M | 0.00 |
Wearable Devices Ltd. Technical Analysis
Wearable Devices Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | 371.50M | -3.32 | -110.84% | ― | -19.83% | 73.22% | |
54 Neutral | 684.49M | -9.87 | -30.10% | ― | -18.94% | -197.82% | |
52 Neutral | 59.62M | -3.57 | -10.72% | ― | 4.00% | 62.67% | |
49 Neutral | 53.71M | -60.55 | -2.86% | ― | 2.93% | 8.95% | |
48 Neutral | 183.30M | -4.47 | -197.19% | ― | -12.75% | 57.64% | |
44 Neutral | $30.06M | ― | -268.12% | ― | -9.05% | 53.22% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
Wearable Devices Ltd. Corporate Events
On September 12, 2025, Wearable Devices Ltd. announced a Securities Purchase Agreement with an institutional investor for a registered direct offering and concurrent private placement, expected to raise approximately $4 million. The offering includes 440,000 ordinary shares and pre-funded warrants, with proceeds intended for working capital and corporate purposes. This move positions the company to strengthen its market presence and operational capabilities, potentially impacting stakeholders by enhancing its financial stability and capacity for innovation.
On September 11, 2025, Wearable Devices Ltd. announced a securities purchase agreement with an institutional investor, involving the issuance of 1,000,000 ordinary shares at $4.00 each, expected to raise approximately $4 million. This offering, along with a concurrent private placement of warrants, aims to bolster the company’s working capital and general corporate purposes, potentially enhancing its market position in the AI-powered wearables industry.
On September 10, 2025, Wearable Devices Ltd. announced that it has secured a U.S. patent for its innovative voice and gesture control technology, which integrates gesture recognition and voice control with biometric authentication. This development positions the company to capture significant market share in consumer electronics and enterprise applications by offering a more natural and intuitive user interaction with smart devices. The patent enhances the company’s intellectual property portfolio and strengthens its leadership in the AI wearables market, promising a more seamless and secure human-machine relationship.
On September 9, 2025, Wearable Devices Ltd. announced that its Board of Directors approved an increase in the number of ordinary shares reserved for issuance under the company’s 2024 Global Equity Incentive Plan. This move increases the share count by 653,760, bringing the total to 795,252 shares. This decision reflects the company’s commitment to expanding its equity incentive plan, which could potentially enhance its ability to attract and retain talent, thereby impacting its operational capabilities and market positioning.
On August 11, 2025, Wearable Devices Ltd. announced that it has secured a U.S. patent for its groundbreaking neural interface technology, which facilitates gesture-based control and real-world physical measurements directly from the wrist. This patent strengthens the company’s position in the neural interface industry, supporting its strategic IP roadmap and enhancing its capabilities in XR environments, industrial workflows, and accessibility for individuals with severe disabilities.
On August 6, 2025, Wearable Devices Ltd. announced a warrant inducement agreement with an institutional investor for the immediate exercise of warrants to purchase 1,661,000 ordinary shares at $1.45 per share, generating approximately $2.4 million in gross proceeds. The company plans to use the net proceeds for working capital and general corporate purposes. In exchange, the investor will receive new warrants to purchase up to 3,322,000 shares at $1.71 per share, exercisable upon shareholder approval. This transaction, expected to close around August 7, 2025, aims to strengthen the company’s financial position and support its operational goals.
On August 4, 2025, Wearable Devices Ltd. announced the granting of a continuation patent by the United States Patent and Trademark Office, enhancing its neural gesture interface technology. This patent strengthens the company’s intellectual property around gesture recognition, enabling seamless, touchless control across various digital platforms such as AR, smart devices, and wearable interfaces. This development is expected to reinforce Wearable Devices’ leadership in intuitive user interactions and support its vision of integrating natural human intent into digital systems, thus enhancing user experiences and accessibility.