Wearable Devices Ltd. (WLDS)

NASDAQ: WLDS · IEX Real-Time Price · USD
0.344
-0.021 (-5.75%)
At close: Dec 29, 2023, 4:00 PM
0.340
-0.004 (-1.16%)
After-hours: Dec 29, 2023, 7:38 PM EST
-5.75%
Market Cap 7.01M
Revenue (ttm) 29,000
Net Income (ttm) -8.34M
Shares Out 20.39M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 796,980
Open 0.330
Previous Close 0.365
Day's Range 0.318 - 0.363
52-Week Range 0.263 - 2.560
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 9, 2024

About WLDS

Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra Inspire development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, personal computers and laptop computers, drones, robots, and others through finger movements and hand gestures. It serves consumer electronics companies, industrial companies, information techn... [Read more]

Sector Technology
IPO Date Sep 13, 2022
Employees 32
Stock Exchange NASDAQ
Ticker Symbol WLDS
Full Company Profile

Financial Performance

In 2022, WLDS's revenue was $45,000, a decrease of -68.31% compared to the previous year's $142,000. Losses were -$6.50 million, 148.5% more than in 2021.

Financial Statements

News

Wearable Devices Signed an Agreement With Leading Global Defense Company to Design a Proof Of Concept for Touchless Technology for Defense Grade Use

This collaboration aims to adapt Wearable Devices' neural gesture technology for defense requirements, especially in situations where silent activation is crucial

3 days ago - GlobeNewsWire

Wearable Devices Expands in North America, Bringing AI-Powered Wearables to Silicon Valley

The new Silicon Valley office is set to become a hub of innovation and customer engagement

24 days ago - GlobeNewsWire

Wearable Devices Files U.S. Patent for Touchless Pinch-to-Zoom Interaction in AR Wearables

Pinch-to-zoom offers a novel approach for continued parameter adjustments using hand and wrist gestures YOKNEAM ILLIT, ISRAEL, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or...

4 weeks ago - GlobeNewsWire

Black Friday and Cyber Monday: Get the Mudra Band for Apple Watch with Exclusive Holiday Offer!

Celebrate the future of gesture control - Shop Now at: www.mudra-band.com

5 weeks ago - GlobeNewsWire

Wearable Devices Establishes U.S. Offices in Silicon Valley Expanding North American Presence

The Company, through its subsidiary, intends to foster stronger partner relations for its neural input technology and extend its market presence for the Mudra Band

5 weeks ago - GlobeNewsWire

Wearable Devices Completes First Phase of Deployment Testing for a Leading Extended Reality Glasses OEM

First step in criteria for potential deployment of the Mudra technology in OEM's XR smart glasses YOKNEAM ILLIT, ISRAEL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (...

5 weeks ago - GlobeNewsWire

Wearable Devices Expands its Marketing and Sales Efforts with New Website Platform for the Mudra Band

- The Mudra Band is a revolutionary wearable device that empowers users to interact with technology effortlessly through hand gestures –

6 weeks ago - GlobeNewsWire

Wearable Devices Introduces AI-Based Gesture Recognition Algorithm that is Optimized for User-Inclusive Accuracy for Apple Devices

Mudra Band's Gesture Algorithm Focusing on Finger Movement Exceled in 1,000-User Test, Ready for Widespread Mobile OS Deployment YOKNEAM ILLIT, ISRAEL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Wearable Devic...

6 weeks ago - GlobeNewsWire

Aegis Capital Corp. Acted as Sole Bookrunner on a $2 Million Underwritten Public Offering for Wearable Devices Ltd. (NASDAQ:WLDS)

NEW YORK, NY / ACCESSWIRE / November 13, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $2 Million Underwritten Public Offering for Wearable Devices Ltd. (NASDAQ:WLDS).

6 weeks ago - Accesswire

Wearable Devices Announces Closing of $2.0 Million Underwritten Public Offering

YOKNEAM ILLIT, ISRAEL, Nov. 13, 2023 (GLOBE NEWSWIRE) --  Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touc...

6 weeks ago - GlobeNewsWire

Wearable Devices Announces Pricing of $2.0 Million Underwritten Public Offering

YOKNEAM ILLIT, ISRAEL, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touch...

7 weeks ago - GlobeNewsWire

Wearable Devices Announces Proposed Underwritten Public Offering

YOKNEAM ILLIT, ISRAEL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in AI-powered touch...

7 weeks ago - GlobeNewsWire

Wearable Devices Upgrades Apple TV Experience Through Gesture Control

- The Mudra Band now offers users touchless navigation and operation of their Apple TV using gestures such as swiping fingers that resemble D-pad device functionality -

7 weeks ago - GlobeNewsWire

Wearable Devices Receives Purchase Order from a Leading Japanese Industrial Automation Company

The purchase order signifies Wearable Devices' successful market outreach in Asia, particularly Japan, marking a pivotal stride in expanding its technological influence

2 months ago - GlobeNewsWire

Wearable Devices Successfully Delivers Second Production Batch of Mudra Bands

The Company is in active discussions with prospective retail distributors to support go-to-market strategy YOKNEAM ILLIT, ISRAEL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company”...

2 months ago - GlobeNewsWire

Unlocking the Future: Wearable Devices Introduces Cutting-Edge Gesture and Voice Control Integration for the Mudra Band for Apple Watch

Say goodbye to physical touch and hello to the power of your voice and the grace of gestures YOKNEAM ILLIT, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable ...

2 months ago - GlobeNewsWire

Wearable Devices Unveils New Gesture and Voice-Controlled Interface for its Mudra Band for Apple Watch

The integration allows users to harness both voice commands and gestures to control digital devices without the need for physical touch

2 months ago - GlobeNewsWire

Wearable Devices Announces Receipt of Nasdaq Minimum Bid Price Notification

YOKNEAM ILLIT, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”) , a technology growth company specializing in artificial intelligence...

2 months ago - GlobeNewsWire

Wearable Devices Expands Mudra Licensing Program to Include Defense and Military Applications

The Company has been approached by global defense and military organizations interested in incorporating advanced technologies into their operations

2 months ago - GlobeNewsWire

Wearable Devices Expands its Impact within the Industry's XR Landscape by Joining the OpenXR Voting Committee

Wearable Devices will join industry standard voting committee of OpenXR, which includes among others, prominent players such as Apple, Meta and Google

2 months ago - GlobeNewsWire

Wearable Devices Joins Khronos Group As A Voting Right Member To Help Drive The OpenXR Industry Standard

Wearable Devices' Co-Founder: “We're excited to join Khronos Group and help define the future of the OpenXR Standards”

2 months ago - GlobeNewsWire

Wearable Devices Entered an MOU with a Leading XR Smart Glasses OEM for its Mudra Licensing Program

YOKNEAM ILLIT, ISRAEL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in AI-powered touch...

3 months ago - GlobeNewsWire

Wearable Devices to Enhance Apple Watch Series 9 New ‘DoubleTap' Feature With its Mudra Band Touchless Gesture Control

Using the Mudra Band spatial gestures in tandem with the Apple Watch Double Tap gesture should allow for full touchless control across the Apple product ecosystem

3 months ago - GlobeNewsWire

Wearable Devices' Mudra Band Enables Full Touchless Control of Apple Product Ecosystem

Using the Mudra Band Air-Touch feature in tandem with the Apple Watch AssistiveTouch touchless gesture control feature allows for full touchless control across the Apple product ecosystem

3 months ago - GlobeNewsWire

Apple Watch Users Received The First Wearable Devices Mudra Bands

The Company delivered its award winning Mudra Band product to first customers, allowing them to control their Apple ecosystem devices using touchless hand and finger gestures

4 months ago - GlobeNewsWire