secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001104659-23-118814
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA Technologies Q3 Revenue $0.8M Up 81% QoQ; Gross Margin Negative 217% on $1.4M Inventory Reserve
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- Q3 revenue of $0.8M down 18% YoY but up 81% sequentially from Q2 2023.
- Gross margin negative 217% due to $1.4M inventory reserve for legacy HT semiconductor chips.
- WiSA E licensed by 13 TV brands; 7 reviewing agreement; over 85 dev boards shipped.
- Platin Audio Milan soundbars with WiSA E now shipping; expected Q4 revenue.
- Cash operating expenses to drop $0.5M in Q4 and $1.1M in Q1 2024 vs Q3 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923118814/0001104659-23-118814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923118814/tm2330840d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-118814

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer