WiSA Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Components

Balance Sheet Components

6 Months Ended

Jun. 30, 2019

Balance Sheet Components

Balance Sheet Components

3. Balance Sheet Components

Inventories (in thousands):


	June 30,		December 31,
	2019		2018

Work in progress	$	304	$	191
Finished goods		1,778		1,192

Total inventories	$	2,082	$	1,383

Property and equipment, net (in thousands):


	June 30,		December 31,
	2019		2018

Machinery and equipment	$	771	$	746
Tooling		7		7
Computer software		89		89
Furniture and fixtures		15		15
Leasehold improvements		11		11
		893		868
Less: Accumulated depreciation and amortization		(786)		(758)

Property and equipment, net	$	107	$	110

Depreciation and amortization expense for the three months ended June 30, 2019 and 2018 was $14,000 and $9,000, respectively. Depreciation and amortization expense for the six months ended June 30, 2019 and 2018 was $28,000 and $19,000, respectively.

Accrued liabilities (in thousands):


	June 30,		December 31,
	2019		2018

Accrued vacation	$	261	$	238
Accrued compensation		—		17
Accrued bonus		—		158
Customer advances		131		186
Accrued other		368		247

Total accrued liabilities	$	760	$	846