NASDAQ : WLDS
Wearable Devices Ltd. — Financial statements
Technology · Consumer Electronics · Israel
Last price 1.26 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.07M
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Financial statements
Wearable Devices Ltd. (WLDS) reported revenue of 703.00K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 703.00K | 647.00K | 522.00K | 82.00K | 45.00K | 142.00K |
| Cost of Revenue | 723.00K | 795.00K | 437.00K | 62.00K | 10.00K | 10.00K |
| Gross Profit | -20.00K | -148.00K | 85.00K | 20.00K | 35.00K | 132.00K |
| Selling, General & Admin | 5.69M | 4.68M | 4.94M | 4.89M | 3.32M | 1.29M |
| Research & Development | 4.74M | 3.50M | 2.96M | 3.32M | 2.27M | 1.41M |
| Operating Expenses | 10.42M | 8.18M | 7.91M | 8.21M | 5.59M | 2.70M |
| Operating Income | -10.44M | -8.33M | -7.82M | -8.19M | -5.55M | -2.57M |
| Interest Expense | -52.00K | -38.00K | ||||
| Interest & Investment Income | 533.00K | 230.00K | 372.00K | 55.00K | ||
| Other Non Operating Income (Expenses) | -904.00K | -97.00K | ||||
| Pretax Income | -9.91M | -8.10M | -7.87M | -7.81M | -6.50M | -2.61M |
| Income Tax Expense | 4.00K | 5.00K | 7.00K | |||
| Net Income | -9.91M | -8.11M | -7.88M | -7.81M | -6.50M | -2.61M |
| Net Income to Common | -9.91M | -8.11M | -7.88M | -7.81M | -6.50M | -2.61M |
| Shares Outstanding (Basic) | 1.11M | 412.91K | 36.19K | 22.50K | 17.05K | 13.49K |
| Shares Outstanding (Diluted) | 1.11M | 412.91K | 36.19K | 22.50K | 17.05K | 13.49K |
| EPS (Basic) | -8.92 | -19.63 | -217.72 | -347.26 | -380.95 | -193.83 |
| EPS (Diluted) | -8.92 | -19.63 | -217.72 | -347.26 | -380.95 | -193.83 |
| Free Cash Flow | -7.92M | -6.62M | -7.66M | -8.63M | -5.76M | -2.14M |
| Free Cash Flow Per Share | -7.13 | -16.03 | -211.56 | -383.43 | -337.91 | -158.61 |
| Gross Margin | -2.84% | -22.88% | 16.28% | 24.39% | 77.78% | 92.96% |
| Operating Margin | -1,485.21% | -1,287.79% | -1,498.08% | -9,982.93% | -12,342.22% | -1,811.27% |
| Profit Margin | -1,409.96% | -1,253.01% | -1,509.39% | -9,529.27% | -14,435.56% | -1,840.84% |
| Free Cash Flow Margin | -1,127.17% | -1,022.88% | -1,466.67% | -10,521.95% | -12,804.44% | -1,506.34% |
| EBITDA | -10.38M | -8.25M | -7.71M | -8.12M | -5.53M | -2.56M |
| D&A For EBITDA | 63.00K | 84.00K | 107.00K | 68.00K | 23.00K | 11.00K |
| EBIT | -10.44M | -8.33M | -7.82M | -8.19M | -5.55M | -2.57M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 677.00K | 6.50M | 3.09M | 810.00K | 10.37M | 1.27M |
| Short-Term Investments | 18.16M | 11.92M | 862.00K | 4.04M | ||
| Cash & Short-Term Investments | 18.84M | 18.42M | 3.95M | 4.86M | 10.37M | 1.27M |
| Accounts Receivable | 37.00K | 8.00K | ||||
| Other Receivables | 184.00K | 293.00K | 339.00K | 865.00K | 597.00K | 109.00K |
| Receivables | 184.00K | 330.00K | 339.00K | 865.00K | 597.00K | 117.00K |
| Inventory | 588.00K | 778.00K | 1.23M | 1.03M | 6.00K | 11.00K |
| Total Current Assets | 19.61M | 19.53M | 5.52M | 6.75M | 10.98M | 1.40M |
| Property, Plant & Equipment | 416.00K | 460.00K | 460.00K | 786.00K | 248.00K | 43.00K |
| Long-Term Investments | 54.00K | |||||
| Total Assets | 20.03M | 19.99M | 5.98M | 7.59M | 11.22M | 1.45M |
| Accounts Payable | 116.00K | 62.00K | 157.00K | 410.00K | 156.00K | 72.00K |
| Accrued Expenses | 1.10M | 962.00K | 794.00K | 769.00K | 561.00K | 269.00K |
| Short-Term Debt | 770.00K | |||||
| Current Portion of Leases | 203.00K | 309.00K | 291.00K | 297.00K | 68.00K | |
| Current Unearned Revenue | 12.00K | 24.00K | ||||
| Other Current Liabilities | 12.00K | 47.00K | 83.00K | 312.00K | 353.00K | 273.00K |
| Total Current Liabilities | 1.43M | 1.38M | 2.10M | 1.79M | 1.15M | 638.00K |
| Long-Term Leases | 45.00K | 57.00K | 21.00K | 278.00K | 94.00K | |
| Total Liabilities | 1.48M | 1.44M | 2.12M | 2.07M | 1.24M | 638.00K |
| Common Stock | 67.00K | 67.00K | 67.00K | 57.00K | 43.00K | 31.00K |
| Additional Paid-In Capital | 61.21M | 55.70M | 32.90M | 26.69M | 23.35M | 7.69M |
| Retained Earnings | -42.73M | -37.21M | -29.10M | -21.22M | -13.41M | -6.91M |
| Shareholders' Equity | 18.55M | 18.55M | 3.86M | 5.53M | 9.98M | 807.00K |
| Total Liabilities & Equity | 20.03M | 19.99M | 5.98M | 7.59M | 11.22M | 1.45M |
| Total Debt | 248.00K | 366.00K | 1.08M | 575.00K | 162.00K | |
| Net Cash (Debt) | 18.59M | 18.06M | 2.87M | 4.28M | 10.21M | 1.27M |
| Net Cash Per Share | 16.73 | 43.73 | 79.28 | 190.21 | 598.82 | 94.47 |
| Filing Date Shares Outstanding | 2.21M | 960.93K | 114.33K | 28.32K | 21.14K | 15.47K |
| Total Common Shares Outstanding | 2.21M | 960.93K | 78.61K | 28.32K | 20.90K | 15.47K |
| Working Capital | 18.18M | 18.15M | 3.42M | 4.96M | 9.83M | 764.00K |
| Book Value Per Share | 8.41 | 19.31 | 49.11 | 195.15 | 477.47 | 52.17 |
| Tangible Book Value | 18.55M | 18.55M | 3.86M | 5.53M | 9.98M | 807.00K |
| Tangible Book Value Per Share | 8.41 | 19.31 | 49.11 | 195.15 | 477.47 | 52.17 |
| Machinery | 374.00K | 334.00K | 140.00K | 92.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -9.91M | -8.11M | -7.88M | -7.81M | -6.50M | -2.61M |
| Depreciation & Amortization | 63.00K | 84.00K | 107.00K | 68.00K | 23.00K | 11.00K |
| Stock-Based Compensation | 1.62M | 1.09M | 182.00K | 241.00K | 790.00K | 299.00K |
| Other Operating Activities | -184.00K | 51.00K | 244.00K | -113.00K | 20.00K | |
| Change in Accounts Receivable | -37.00K | 8.00K | -8.00K | |||
| Change in Inventory | 247.00K | 247.00K | -269.00K | -1.03M | 5.00K | 9.00K |
| Change in Accounts Payable | 23.00K | -95.00K | -253.00K | 254.00K | 84.00K | 40.00K |
| Change in Unearned Revenue | -12.00K | -12.00K | -33.00K | |||
| Change in Other Net Operating Assets | 343.00K | 168.00K | 255.00K | -32.00K | -116.00K | 173.00K |
| Operating Cash Flow | -7.80M | -6.60M | -7.61M | -8.43M | -5.71M | -2.10M |
| Capital Expenditures | -121.00K | -20.00K | -43.00K | -194.00K | -48.00K | -36.00K |
| Investment in Securities | -16.50M | -10.91M | 3.24M | -4.05M | ||
| Other Investing Activities | -18.00K | |||||
| Investing Cash Flow | -16.62M | -10.93M | 3.20M | -4.25M | -66.00K | -36.00K |
| Short-Term Debt Issued | 1.92M | 800.00K | ||||
| Total Debt Issued | 1.92M | 800.00K | ||||
| Short-Term Debt Repaid | -770.00K | -1.16M | -800.00K | |||
| Total Debt Repaid | -770.00K | -1.16M | -800.00K | |||
| Net Debt Issued (Repaid) | -770.00K | 764.00K | ||||
| Issuance of Common Stock | 23.03M | 21.71M | 5.93M | 3.12M | 14.98M | 2.93M |
| Other Financing Activities | -100.00K | 12.00K | ||||
| Financing Cash Flow | 23.03M | 20.94M | 6.70M | 3.12M | 14.88M | 2.94M |
| Net Cash Flow | -1.39M | 3.41M | 2.28M | -9.56M | 9.10M | 799.00K |
| Free Cash Flow | -7.92M | -6.62M | -7.66M | -8.63M | -5.76M | -2.14M |
| Free Cash Flow Margin | -1,127.17% | -1,022.88% | -1,466.67% | -10,521.95% | -12,804.44% | -1,506.34% |
| Free Cash Flow Per Share | -7.13 | -16.03 | -211.56 | -383.43 | -337.91 | -158.61 |
| Levered Free Cash Flow | -4.26M | -3.56M | -4.80M | -5.89M | -2.76M | -1.15M |
| Unlevered Free Cash Flow | -4.26M | -3.56M | -4.77M | -5.89M | -2.74M | -1.15M |
| Cash Interest Paid | 49.00K | 40.00K | ||||
| Change in Working Capital | 613.00K | 283.00K | -267.00K | -816.00K | -31.00K | 181.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.29M | 9.86M | 5.52M | 7.01M | 6.57M | |
| Enterprise Value | -14.31M | 6.57M | 4.74M | -470.94K | 6.27M | |
| Last Close Price | 1.33 | 10.26 | 78.48 | 247.68 | 314.22 | |
| PS Ratio | 6.10 | 15.24 | 10.58 | 85.53 | 145.90 | |
| PB Ratio | 0.16 | 0.53 | 1.43 | 1.27 | 0.66 | |
| P/TBV Ratio | 0.23 | 0.53 | 1.43 | 1.27 | 0.66 | |
| EV/Sales Ratio | 10.15 | 9.07 | 139.35 | |||
| Debt / Equity Ratio | 0.01 | 0.02 | 0.28 | 0.10 | 0.02 | |
| Net Debt / Equity Ratio | -1.00 | -0.97 | -0.74 | -0.78 | -1.02 | -1.58 |
| Net Debt / EBITDA Ratio | 1.79 | 2.19 | 0.37 | 0.53 | 1.85 | 0.50 |
| Net Debt / FCF Ratio | 2.35 | 2.73 | 0.38 | 0.50 | 1.77 | 0.60 |
| Asset Turnover | 0.06 | 0.05 | 0.08 | 0.01 | 0.01 | 0.14 |
| Inventory Turnover | 0.95 | 0.79 | 0.39 | 0.12 | 1.18 | 0.65 |
| Quick Ratio | 13.27 | 13.59 | 2.05 | 3.20 | 9.54 | 2.18 |
| Current Ratio | 13.68 | 14.15 | 2.63 | 3.78 | 9.54 | 2.20 |
| Return on Equity (ROE) | -88.65% | -72.34% | -167.89% | -100.79% | -120.44% | |
| Return on Assets (ROA) | -52.59% | -40.11% | -72.04% | -54.38% | -54.80% | -158.69% |
| Return on Capital Employed (ROCE) | -56.10% | -44.80% | -201.50% | -141.00% | -55.10% | -318.70% |
| Earnings Yield | -672.76% | -82.23% | -142.70% | -111.42% | -98.94% | |
| FCF Yield | -184.86% | -67.12% | -138.66% | -123.03% | -87.76% | |
| Buyback Yield / Dilution | -894.73% | -1,041.00% | -60.82% | -31.96% | -26.44% |