Wearable Devices Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $647.0K | $522.0K | $82.0K | $45.0K | $142.0K | $57.0K |
| Cost of Revenue | — | $437.0K | $62.0K | $10.0K | — | — |
| Gross Profit | $-148.0K | $85.0K | $20.0K | $35.0K | — | — |
| Gross Margin | -22.9% | 16.3% | 24.4% | 77.8% | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | $3.3M | $2.3M | $1.4M | $743.0K |
| SG&A Expense | $2.8M | $2.8M | $2.9M | $1.9M | $628.0K | $174.0K |
| Operating Income | $-8.3M | $-7.8M | $-8.2M | $-6.5M | $-2.7M | $-1.2M |
| Operating Margin | -1,287.8% | -1,498.1% | -9,982.9% | -14,351.1% | -1,879.6% | -2,028.1% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-8.1M | $-7.9M | $-7.8M | $-6.5M | — | — |
| Income Tax Expense | $5.0K | $7.0K | — | — | — | — |
| Net Income | $-8.1M | $-7.9M | $-7.8M | $-6.5M | $-2.6M | $-1.3M |
| Net Margin | -1,253.0% | -1,509.4% | -9,529.3% | -14,435.6% | -1,840.8% | -2,207.0% |
| EPS (Basic) | $-6.53 | $-6.60 | $-10.47 | $-3.85 | $-0.02 | $-0.02 |
| EPS (Diluted) | $-6.53 | $-6.60 | $-10.47 | $-3.85 | $-0.02 | $-0.02 |
| Shares Outstanding (Basic) | 1.2M | 1.2M | 742.6K | 1.7M | 106.8M | 71.1M |
| Shares Outstanding (Diluted) | 1.2M | 1.2M | 742.6K | 1.7M | 106.8M | 71.1M |
| Dividends Per Share | — | — | — | — | — | — |