Exhibit 99.2

 

High - quality Wi - Fi Audio Delivering Immersive Sound WiSA Technologies, Inc. Q1 2022 Investor Call May 11, 2022 NASDAQ: WISA

 

 

Forward Looking Statements This presentation of WiSA Technologies Inc . , formerly Summit Wireless Technologies, Inc . (NASDAQ : WISA) (the “Company” or “ WiSA ”) contains forward - looking statements within the meaning of Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchange Act of 1934 , as amended . Readers are cautioned not to place undue reliance on these forward - looking statements . Actual results may differ materially from those indicated by these forward - looking statements as a result of risks and uncertainties impacting Summit Wireless’ business including, current macroeconomic uncertainties associated with the COVID - 19 pandemic, our inability to predict or measure supply chain disruptions resulting from the COVID - 19 pandemic and other drivers, our the ability to predict the timing of design wins entering production and the potential future revenue associated with design wins ; rate of growth ; the ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity ; consumer demand conditions affecting customers’ end markets ; the ability to hire, retain and motivate employees ; the effects of competition, including price competition ; technological, regulatory and legal developments ; developments in the economy and financial markets and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including those described in “Risk Factors” in our Annual Report on Form 10 - K for the year ended December 31 , 2021 filed with the SEC, as revised or updated for any material changes described in any subsequently - filed Quarterly Reports on Form 10 - Q . The information in this presentation is as of the date hereof and the Company undertakes no obligations to update unless required to do so by law . * WiSA Ready TVs, gaming PCs and console systems are "ready" to transmit audio to WiSA Certified speakers when a WiSA USB Tra nsm itter is plugged in and a user interface is activated through an APP or product design like LG TVs. © SoundSend , The WiSA logo, WiSA, WiSA Ready, and WiSA Certified are trademarks, or certification marks of WiSA LLC. Third - party trade names, trademarks and product names are the intellectual property of their respective owners and product names are the intell ect ual property of their respective owners.

 

 

Historically, Immersive Audio was Confined to the Home Theater WiSA technology enabled immersive home theater audio quality over wireless speakers Precise synchronization of audio and video Transmission of multi - channel, high - bitrate, uncompressed audio streams Guaranteed reliability of the wireless link Extremely low latency Synchronization of as many as 8 speakers Ubiquitous fast Wi - Fi Opportunities for Market Growth Strong engineering team with 10 - years experience in high - quality audio over Wi - Fi Leadership in Wireless Audio Proliferation of multi - role speakers Trends in audio consumption and audio codecs

 

 

WiSA in Production with Quality Audio Market Leaders WiSA has defined and implemented the industry standard for wireless transmission of high - resolution, high - reliability wireless audio ▪ Unmatched market leadership in wireless audio for home theater ▪ Ensuring interoperability among high - quality wireless audio systems ▪ Working with the brand leaders in home theater audio quality

 

 

Expansion of Consumer Awareness of WiSA New branding strategy increases visibility of cool products not branded interoperable!

 

 

WiSA Product Families WiSA Technologies’ recent product and partnership announcements focus on bringing the same technical know - how to build and market wireless spatial technology for mass - market products. Development of WiSA DS and WiSA E is driving increased patent filings. Cost Feature set Low High Low High WiSA OST Entry - level WiSA GST Mid - market Home theater speakers, high - end TVs, dongles TVs STBs Soundbars Home theater speakers Smart speakers Headsets Dongles Entry to mid - level soundbars, Bluetooth audio applications E HT ASIC Vendor Custom Espressif Realtek Others Price $$$$ $$ $ DS

 

 

Audio Market Segmentation Sonos Audiophile Consumer System Audio A/S LG Bowers & Wilkins Vizio Sony Hisense Klipsch Polk LG JBL Bose Definitive Logitech Yamaha Samsung KEF ELAC Insignia Martin Logan Nakamichi HARMAN Denon

 

 

Moving Towards Lower Costs and Ubiquity Proprietary Module Low - cost IoT Chip Modules Embedded Software/IP Current Launching Next + + 2022 2023 Corporate and Product Presentation Vendor Technical Qualification Product Design Cycle

 

 

WiSA DS - March 2022 – Customer Response Summit Wireless Proprietary WiSA DS Rx WiSA DS Tx Relative to Primary Competitor: • More audio channels • Stronger wireless performance • Lower Price < $15 for wireless modules Customer Engagement: • Dominant traction is with: • Soundbars • TVs • Automotive After market

 

 

35.8 38.7 41.8 44.9 48.3 52.1 2020 2021 2022 2023 2024 2025 Soundbars Units * (in Ms ) Soundbars: Target Market of Discovery Technology 2022 Projected Soundbar SAM** ** Management estimates: Factors include content availability, simplicity for the consumer, price, multiple brands Audio Configuration WiSA DS Soundbar units (Ms) 41.8 Market Share 5% WiSA Systems (Ms) 2.1 Speakers per configuration 3 Transmitters per system 1 Modules (Ms) 8.4 Module ASP ($ per unit) $3.00 Rev. Opportunity (Ms of $) $25 * Source: Infiniti Research September 2021

 

 

WiSA Delivers the Open Wi - Fi Transport for High - Quality Wireless Audio • Audio source devices and speakers shared on common Wi - Fi network • Combine multiple speakers to create spatial audio sound fields • Seamlessly mix and match audio sources and speakers/headsets as desired

 

 

WiSA Growth Continues Revenue and Growth YOY 26,200 365,800 2,100,000 ~ 4,000,000 2019 A 2020 A 2021 A 2022 E Annual Website Traffic Number of unique users 520,000 in Q1 2022A vs. 140,000 in Q1 2021 A 31% 41% 172% ~40% 2019A 2020A 2021A 2022E

 

 

13 NASDAQ: WISA Q1 2022 $1.2 $0.6 $1.7 $2.4 $6.5 Q1 '21A Q1 '22A 2019A 2020A 2021A 2022E 18% 29% 29% Revenue & Gross Margin ($ in M) Q1 ‘22 • $ 566K revenue, down 51% vs. Q1 ’21 • 11 % gross margin, down from 26% in Q1 ‘21 • $ 4.0 M opex , including $0.5M of non - cash, vs. $3.0M, including $0.3M of non - cash in Q1 ’21 • $3.9M net loss, vs. $3.3M in Q1 ’21 • $ 9 .1M cash 3 /31/2022 2022 Guidance • 30 - 50% full year revenue growth vs. full year 2021 • Revenue increase in Q2 2022 compared to Q1 2022 • 28 - 30% gross margin target • Sufficient cash through 2022 - 4% 26 % ~$9.2 As reported with the Q1 2022 results on May 11, 2022. 2022 revenue and gross margin guidance mid - point of range. 11 %

 

 

Summary Slide – WiSA Technologies, Inc. • Technology roadmap expands WiSA from Audiophile market to broad immersive audio consumer market with 1+B unit TAM • Strong customer engagement at all stages of sales cycle – evaluations, roadmaps, and designs • Expanding IP portfolio with numerous IP software evaluations underway • Initial revenue contributions from WiSA DS products in 2H 2022 • Initial customer feedback gives confidence in ability of WiSA DS to drive revenue growth • Revenue ramp continues with 30 - 50% YOY growth expected in 2022 • Balance sheet has sufficient cash to complete development of 2.4 GHz and 5 GHz IoT solutions and operate through 2022 • We believe the sum of: • Explosive growth in immersive audio in the consumer market • The industry’s only comprehensive wireless product offering for immersive audio • A thriving WiSA Association with its Wave initiative and trademarks • … solidly positions WiSA Technologies to drive anticipated growth through 2022 and increasing shareholder value