Slide 1: High-quality Wi-Fi Audio
NASDAQ: WISA High-quality Wi-Fi Audio Delivering Immersive Sound WiSA Technologies, Inc. Q4 2021 Investor Call March 11, 2022
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation of WiSA Technologies, Inc., formerly Summit Wireless Technologies, Inc. (NASDAQ: WISA) (the “Company” or “WiSA”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securi
Slide 3: Historically, Immersive Audio was Confined to the Home Theater
Historically, Immersive Audio was Confined to the Home Theater WiSA technology enabled immersive home theater audio quality over wireless speakers Leadership in Wireless Audio Opportunities for Market Growth Precise synchronization of audio and video Ubiquitous fast Wi-Fi Extremely low latency Proli
Slide 4: WiSA in Production with Quality Audio Market Leaders
WiSA in Production with Quality Audio Market Leaders WiSA has defined and implemented the industry standard for wireless transmission of high-resolution, high-reliability wireless audio ▪ Unmatched market leadership in wireless audio for home theater ▪ Ensuring interoperability among high-quality wi
Slide 5: Growth Strategy - Expanding our Role in the Category
Growth Strategy - Expanding our Role in the Category Summit Wireless and WiSA Association now under WiSA Technologies, Inc. umbrella WiSA Technologies, Inc. Formally Summit Wireless WiSA Association Engineering G&A and Business Dev. Consumer Wave Interoperability R/D Operations Applications Business
Slide 6: Expansion of Consumer Awareness of WiSA
Expansion of Consumer Awareness of WiSA New branding strategy will increase visibility of cool products not branded interoperable!
Slide 7: Moving Towards Lower Costs and Ubiquity
Moving Towards Lower Costs and Ubiquity Current + Launching + Next 2022 2023 Proprietary Low-cost IoT Embedded Module Chip Modules Software/IP Gen1 WiSA Interoperable Interoperable
Slide 8: WiSA Product Families
WiSA Product Families WiSA Technologies has a 10-year history of providing feature-rich wireless spatial technology for the premium market. WiSA Technologies’ recent product and partnership announcements focus on bringing the same technical know-how to build and market wireless spatial technology fo
Slide 9: Audio Market Segmentation
Audio Market Segmentation Audiophile System Audio A/S Sonos $2,086 Soundbar + rears + sub Consumer $1,800 5.1 discrete speakers $1,100 5.1 discrete speakers $1,100 5.1 discrete speakers $ 950 5.1 discrete speakers
Slide 10: Audio Market Segmentation
Audio Market Segmentation Audiophile System Audio A/S Sonos Consumer JBL LG Hisense Bose Martin Logan Denon Polk Klipsch Sony ELAC HARMAN Insignia LG Vizio Samsung Bowers & Nakamichi KEF Wilkins Logitech Yamaha Definitive
Slide 11: WiSA Delivers the Open Wi-Fi Transport for High-Quality Wireless Audio
WiSA Delivers the Open Wi-Fi Transport for High-Quality Wireless Audio • Audio source devices and speakers shared on common Wi-Fi network • Combine multiple speakers to create spatial audio sound fields • Seamlessly mix and match audio sources and speakers/headsets as desired
Slide 12: Growth Opportunities for WiSA (TAM)
Growth Opportunities for WiSA (TAM) HT Home Theater Speakers 44MU DS Soundbars/Smart TVs 42MU 231MU Smart Speakers 204MU Gaming Desktops 38MU Laptops 196MU Tablets 135MU Wireless Headsets 158MU STB's 253MU E Streaming Sticks 118MU Smart Phones 1,418MU
Slide 13: Expanding WiSA’s TV Application
Expanding WiSA’s TV Application The SoundSend app can be ported to TV Operating Systems for a seamless and elegant user experience The app will be expanded from Android TVs to Web OS (LG) and Tizen (Samsung) in 2022
Slide 14: WiSA DS New Feature: March 2022
WiSADS New Feature: March 2022 Relative to Primary Competitor: • More audio channels WiSADS Tx • Stronger wireless performance • Lower Price < $15 for wireless modules WiSADS Rx Summit Wireless Proprietary
Slide 15: Soundbars: Target Market of Discovery Technology
Soundbars: Target Market of Discovery Technology Soundbars Units* 2022 Projected Soundbar SAM** 52.1 (in Ms) 48.3 Audio Configuration WiSADS Soundbar units (Ms) 41.8 44.9 Market Share 5% 41.8 WiSA Systems (Ms) 2.1 38.7 Speakers per configuration 3 Transmitters per system 1 35.8 Modules (Ms) 8.4 Modu
Slide 16: Where does WiSA Fit into the Spatial Audio Ecosystem?
Where does WiSA Fit into the Spatial Audio Ecosystem? Ecosystem Requirements for Spatial Audio Content Publishing and Distribution: Spotify, Tencent, Amazon, YouTube, etc. Wireless Transport • Precise synchronization across many disparate Wireless Medium: Wi-Fi speakers • Guaranteed reliability of t
Slide 17: WiSA Growth Continues
WiSA Growth Continues Annual Website Traffic ~4,000,000 Revenue and Growth YOY Number of unique users ~40% 172% 2,100,000 41% 31% 365,800 26,200 2019 A 2020 A 2021 A 2022 E 2019A 2020A 2021A 2022E
Slide 18: 93% Q4 2021 Revenue Growth
93% Q4 2021 Revenue Growth Q4 ‘21 Revenue & Gross Margin • $2.0M revenue, up 93% vs. Q4 ’20 ($ in M) ~$9.2 • 30% gross margin, up from 24% in Q4 ‘20 • $3.7M opex, including $0.5M of non-cash, vs. 29% $3.9M, including $0.9M of non-cash in Q4 ’20 $6.5 • $3.1M net loss, vs. $3.7M in Q4 ’20 • $13.1M cas
Slide 19: Summary Slide – WiSA Technologies, Inc.
Summary Slide – WiSA Technologies, Inc. • Technology roadmap expands WiSA from Audiophile market to broad immersive audio consumer market with 1+B unit TAM • Exit 2022 with 4 product lines contributing revenue in 2023 • Revenue ramp continues with 30-50% YOY growth expected in 2022 • Balance sheet h