summit semiconductor, llc. is a successful fabless semiconductor company developing wireless audio integrated circuits for home entertainment and pro-audio markets. its award-winning summit wireless™ technology is the leading integrated circuit solution enabling audio systems to distribute high-definition, distortion-free audio with ease. summit wireless transmit technology is designed to be integrated into audio decode sources such as digital televisions, sound bars, pa systems, av receivers, blu-ray players, set-top boxes, and gaming systems that transmit multi-channel audio to home theater or pro-audio speakers with summit receive technology integrated. summit semiconductor is headquartered beaverton, or, usa, with offices in san jose, ca, taiwan, korea and japan co-founder of the wireless speaker and audio association "wisa" standard for interoperability.
Company profile
Ticker
WISA
Exchange
Website
CEO
Brett Moyer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Summit Wireless Technologies, Inc., Summit Semiconductor Inc., SUMMIT SEMICONDUCTOR
SEC CIK
Corporate docs
Subsidiaries
WiSA, LLC • Summit Wireless Japan K.K. ...
WISA stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
26 Apr 24
8-K
Entry into a Material Definitive Agreement
23 Apr 24
424B5
Prospectus supplement for primary offering
23 Apr 24
424B3
Prospectus supplement
22 Apr 24
8-K
Entry into a Material Definitive Agreement
19 Apr 24
424B5
Prospectus supplement for primary offering
19 Apr 24
EFFECT
Notice of effectiveness
19 Apr 24
8-K
WiSA Strikes Game-Changing Fifth WiSA E Licensing Deal with Global Consumer Electronics Leader
18 Apr 24
DEF 14A
Definitive proxy
17 Apr 24
8-K
WiSA Technologies Announces Reverse Stock Split
12 Apr 24
Transcripts
WISA
Earnings call transcript
2023 Q3
15 Nov 23
WISA
Earnings call transcript
2023 Q2
15 Aug 23
WISA
Earnings call transcript
2023 Q1
16 May 23
WISA
Earnings call transcript
2022 Q4
16 Mar 23
WISA
Earnings call transcript
2022 Q2
15 Aug 22
WISA
Earnings call transcript
2022 Q1
11 May 22
WISA
Earnings call transcript
2021 Q4
11 Mar 22
WISA
Earnings call transcript
2021 Q3
11 Nov 21
WISA
Earnings call transcript
2021 Q2
10 Aug 21
WISA
Earnings call transcript
2021 Q1
12 May 21
Latest ownership filings
SC 13G/A
Reda Joseph
3 Apr 24
SC 13G
Reda Joseph
15 Feb 24
SC 13G
Lind Global Fund II LP
13 Feb 24
SC 13G/A
Hudson Bay Capital Management LP
6 Feb 24
5
David Marc Howitt
30 Jan 24
4
GARY WILLIAMS
19 Dec 23
4
BRETT MOYER
19 Dec 23
4
GARY WILLIAMS
30 Nov 23
4
BRETT MOYER
30 Nov 23
4
George Oliva
14 Jul 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 212.00 k | 212.00 k | 212.00 k | 212.00 k | 212.00 k | 212.00 k |
Cash burn (monthly) | 598.33 k | 202.67 k | 2.11 mm | 1.90 mm | 991.67 k | 1.39 mm |
Cash used (since last report) | 4.13 mm | 1.40 mm | 14.58 mm | 13.08 mm | 6.84 mm | 9.61 mm |
Cash remaining | -3.92 mm | -1.19 mm | -14.37 mm | -12.87 mm | -6.63 mm | -9.40 mm |
Runway (months of cash) | -6.5 | -5.9 | -6.8 | -6.8 | -6.7 | -6.7 |
Institutional ownership, Q2 2023
7.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 16 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 2 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 92.15 mm |
Total shares | 18.43 mm |
Total puts | 0.00 |
Total calls | 100.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Lind Global Macro Fund | 7.80 mm | $0.00 |
Lind Global Fund II | 6.86 mm | $871.00 k |
Intracoastal Capital | 3.55 mm | $404.00 k |
Medalist Partners | 124.46 k | $173.00 k |
Vanguard | 45.88 k | $58.27 mm |
Ingalls & Snyder | 20.70 k | $26.00 k |
Two Sigma Securities | 16.49 k | $20.94 mm |
VIRT Virtu Financial | 11.79 k | $15.00 k |
Tower Research Capital | 5.67 k | $7.20 mm |
BAC Bank Of America | 2.35 k | $2.99 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Dec 23 | David Marc Howitt | Common Stock | Sell | Dispose S | Yes | No | 0 | 19 | 0.00 | 0 |
18 Dec 23 | Moyer Brett | Common Stock | Sell | Dispose S | No | No | 0.13 | 80 | 10.40 | 74,509 |
18 Dec 23 | Williams Gary | Common Stock | Sell | Dispose S | No | No | 0.13 | 16 | 2.08 | 48,931 |
28 Nov 23 | Moyer Brett | Common Stock | Sell | Dispose S | No | No | 0.125 | 6,159 | 769.88 | 74,589 |
28 Nov 23 | Williams Gary | Common Stock | Sell | Dispose S | No | No | 0.125 | 3,940 | 492.50 | 48,947 |
News
WiSA Technologies Issues Letter To Shareholders
26 Apr 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
25 Apr 24
12 Information Technology Stocks Moving In Friday's Intraday Session
19 Apr 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
18 Apr 24
Why Las Vegas Sands Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
18 Apr 24
Press releases
WiSA Technologies Issues Letter to Shareholders
26 Apr 24
WiSA Strikes Game-Changing Fifth WiSA E Licensing Deal with Global Consumer Electronics Leader
18 Apr 24
Exploring Stock Surges: Key Insights, Noteworthy BUZZ: KAVL, PRSO, DYAI, WISA, JAGX
16 Apr 24
WiSA Inks Fourth HDTV/PTV License with Multi-billion Dollar Revenue Company, Signaling Rapid Adoption for its WiSA E Immersive Audio Technology
16 Apr 24
WiSA Technologies Announces Reverse Stock Split
10 Apr 24