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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Business and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Business and Summary of Significant Accounting Policies (Tables)

v3.22.2.2

Business and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Business and Summary of Significant Accounting Policies

Summary of contract liabilities


	June 30,		December 31,
	2022		2021
Contract liabilities	$	442	$	—

Summary of Net Revenue


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Components	$	772	$	1,327	$	1,073	$	2,317
Consumer Audio Products		174		254		439		417
Total	$	946	$	1,581	$	1,512	$	2,734

Accounting Standards Update and Change in Accounting Principle [Table Text Block]

The effect of the changes made to our consolidated January 1, 2022 balance sheet for the adoption of the new lease standard was as follows (in thousands):


	Balance as of		Adjustments		Balance as of
	December 31, 2021		Due to ASC 842		January 1, 2022
Operating lease right-of-use assets	$	—	$	212	$	212
Property and equipment, net		162		90		252
Total assets	$	19,391	$	302	$	19,693
Operating lease liabilities, current	$	—	$	148	$	148
Operating lease liabilities, non-current	$	—	$	179	$	179
Deferred rent and lease incentive	$	58	$	(58)	$	—
Total liabilities	$	3,014	$	269	$	3,283
Accumulated deficit	$	(212,203)	$	33	$	(212,170)
Total stockholders’ equity	$	16,377	$	33	$	16,410
Total liabilities and stockholders’ equity	$	19,391	$	302	$	19,693

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