Slide 1: High-quality Wireless Spatial Audio
High-quality Wireless Spatial Audio WiSA Technologies, Inc. Second Quarter, 2022 Results Presentation August 15, 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 Securit
Slide 3: Wireless Spatial Audio in the Home: The Time is Now
Wireless Spatial Audio in the Home: The Time is Now Audio provides Technology Content differentiation • Algorithms • Streaming • HDTV new video • Spatial codecs • Podcasts tech leveled off • Fast Wi-Fi • Encoded to take • Audio features/ • Low-cost IoT advantage of products = growth Wi-Fi chips the
Slide 4: Delivering Spatial Audio: Wireless Transport is Key
Delivering Spatial Audio: Wireless Transport is Key Content Publishing and Distribution: Spotify, Tencent, Amazon, YouTube, etc. Wireless Transport • Precise synchronization across many Wireless Medium: Wi-Fi disparate speakers • Guaranteed reliability of the wireless link • Ability to transmit mult
Slide 5: WiSA in Production with Quality Audio Market Leaders
WiSA in Production with Quality Audio Market Leaders • Delivering wireless spatial audio technology to premier brands in the audio and CE market • Unparalleled IP in enabling high-bitrate, multichannel, uncompressed wireless audio • Latency and synchronization specs that lead the market 5
Slide 6: Business Model
Business Model 1 2 3 4 DEVELOP CORE B U I L D S PAT I A L SELL WISA DS LICENSE IP TO WIRELESS AUDIO MASS MARKET HDTVS & AUDIO ECOSYSTEM MODULE OTHER AUDIO TECHNOLOGY SOURCES ▪ Launch WiSA HT ▪ Launch WiSA Association ▪ Develop Wi-Fi compatible ▪ License transmitter IP to proprietary wireless audio ▪
Slide 7: Technology Designed for Entry-level to Audiophile
Technology Designed for Entry-level to Audiophile Espressif Realtek Audiophile-quality Low-cost IoT modules Licensed software/IP chips WiSA E WiSA HT WiSA DS (All Multichannel Audio) (Home Theater) (Soundbars) Interoperable software/IP Low-cost 2.4GHz IoT running on 3rd party 5GHz IoT transceiver mo
Slide 8: Licensing Enables Broad Market Expansion
Licensing Enables Broad Market Expansion High Home theater speakers, WiSA HT high-end TVs, dongles HDTVs Set-top boxes Feature set Soundbars WiSA E Licensed Home theater speakers Smart speakers product TAM = 1B+ PCs/laptops devices Mobile phones Entry to mid-level soundbars WiSA DS Low Low Module Co
Slide 9: WiSA DS and E Growth Opportunities
WiSA DS and E Growth Opportunities $$ HT Home Theater Speakers 44MU Smart TVs 231MU DS Soundbars 42MU $ Smart Speakers 204MU Gaming Desktops 38MU Laptops 196MU Tablets 135MU Wireless Headsets 158MU STB's 253MU Streaming Sticks 118MU $ E Smart Phones 1418MU 9
Slide 10: WiSA Association Building Consumer Ecosystem
WiSA Association Building Consumer Ecosystem WiSA Association Consumer Interoperability Retail Programs Marketing Product Spec development, Online storefronts; point WiSA WAVE direct-to- WiSA transmitter for testing and compliance of purchase consumer co-op HDMI smart HDTVs programs Example: www.ama
Slide 11: WiSA DS – Customer Response
WiSA DS – Customer Response Relative to Primary Competitor: • More audio channels WiSA DS Tx • Stronger wireless performance • Lower Price < $15 for wireless modules Evaluations/Designs: • Product and Potential Projects: • Soundbars 8 • TVs 3 • Auto. After market 1 Anticipated Production Start: • 2
Slide 12: Revenue Opportunity: 2023 - 2026
Revenue Opportunity: 2023 - 2026 Currently in 2022 • Continued HT module and system sales based on design activity through 2023 and consumer acceptance of wireless speakers • First revenue - DS module (soundbars) E Bundles 2023 Revenue Drivers E Modules DS Modules • DS module revenue growth based on
Slide 13: Strong IP Position/Years of Know-how
Strong IP Position/Years of Know-how Patents: • Fundamental patents in wireless multichannel audio across key geo’s Patents Know-how • 24 issued patents, pending patent applications or patent filings IP Positio Know-how: • 12-years’ experience in delivering n multichannel wireless technology Ecosyst
Slide 14: Q2 2022 and August $3M Financing
Q2 2022 and August $3M Financing Q2 ‘22 Revenue & Gross Margin • $946K revenue, down 40% vs. Q2 ’21, up 67% vs. Q1 ‘22 ($ in M) $6.5 • 20% gross margin, down from 29% in Q2 ’21, up from 11% in Q1 ’22 • $4.3M opex, including $0.5M of non-cash, vs. $3.3M, including $0.4M of non-cash in Q2 ’21 • $4.1M
Slide 15: Key Highlights
Key Highlights Highly-differentiated multichannel wireless audio technology with implementations in 1 premium audio brands World-class premium technology ported to low-cost IoT chips to address mass market 2 audio systems with software roadmap to address TAM of over 2 billion units Establishment and
Slide 16: Thank you
Thank you