Earnings Call Summary | WiSA Technologies(WISA.US) Q1 2024 Earnings Conference
Earnings Call Summary | WiSA Technologies(WISA.US) Q1 2024 Earnings Conference
The company strengthened its cash balance, and they hold close to $8 million in cash.The following is a summary of the WiSA Technologies, Inc. (WISA) Q1 2024 Earnings Call Transcript:
以下是WiSA Technologies, Inc.（WISA）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
WiSA Technologies reported Q1 2024 revenues of under $500,000 due to various operational expenses such as securing shareholders' approval.
They remain optimistic about increased revenue in the latter half of 2024 from their licensing deals, engineering services, and royalties.
The company strengthened its cash balance, and they hold close to $8 million in cash.
The expected operating expense will continue to be approximately $900,000/month, which they plan to offset with the income from the selling off of inventory.
WiSa Technologies報告稱，由於獲得股東批准等各種運營費用，2024年第一季度收入低於50萬美元。
他們對2024年下半年通過許可協議、工程服務和特許權使用費增加收入仍持樂觀態度。
該公司加強了現金餘額，他們持有近800萬美元的現金。
預期的運營費用將繼續保持在每月90萬美元左右，他們計劃用出售庫存的收入來抵消這筆費用。
Business Progress:
業務進展：
WiSA launched WiSA E in the previous year, and they began licensing the software in Q4 of the prior year.
They have already signed five licensing agreements this year and plan on securing at least three more by the end of the year.
In an effort to maintain its NASDAQ listing, WiSA has invested significant resources, including a new proposal that aims to decrease the quorum requirement from 50% to 30% or 33%.
There are ongoing negotiations for three additional agreements primarily catering to the TV and set-top box market.
WiSA E plans to launch internationally with different strategies for the US and European markets.
WiSA在去年推出了WiSA E，並於去年第四季度開始許可該軟件。
他們今年已經簽署了五份許可協議，並計劃到今年年底再獲得至少三份許可協議。
爲了維持其在納斯達克的上市地位，WiSA投入了大量資源，包括一項旨在將法定人數要求從50％降至30％或33％的新提案。
另外三項協議的談判正在進行中，主要針對電視和機頂盒市場。
WiSA E計劃在國際上推出，針對美國和歐洲市場的不同戰略。
More details: WiSA Technologies IR
更多詳情： WiSA 科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。
