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

9 Months Ended

Sep. 30, 2019

Balance Sheet Components

Balance Sheet Components

3. Balance Sheet Components

Inventories (in thousands):


	September 30,		December 31,
	2019		2018

Work in progress	$	242	$	191
Finished goods		1,794		1,192

Total inventories	$	2,036	$	1,383

Property and equipment, net (in thousands):


	September 30,		December 31,
	2019		2018

Machinery and equipment	$	771	$	746
Tooling		11		7
Computer software		89		89
Furniture and fixtures		15		15
Leasehold improvements		11		11
		897		868
Less: Accumulated depreciation and amortization		(799)		(758)

Property and equipment, net	$	98	$	110

Depreciation and amortization expense for the three months ended September 30, 2019 and 2018 was $15,000 and $10,000, respectively. Depreciation and amortization expense for the nine months ended September 30, 2019 and 2018 was $43,000 and $30,000, respectively.

Accrued liabilities (in thousands):


	September 30,		December 31,
	2019		2018

Accrued vacation	$	258	$	238
Accrued compensation		108		17
Accrued bonus		—		158
Customer advances		147		186
Accrued audit fees		137		126
Accrued other		383		121

Total accrued liabilities	$	1,033	$	846