Owlet, Inc. financial data

Symbol
OWLT on NYSE, OWLTW on OTC
Industry
Measuring & Controlling Devices, NEC
Location
3300 North Ashton Boulevard, Suite 300, Lehi, UT
State of incorporation
DE
Fiscal year end
December 31
Former names
Sandbridge Acquisition Corp (to 7/16/2021)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 95.4 % -4.07%
Quick Ratio 19.9 % -31.9%
Debt-to-equity -201 % +64.7%
Return On Equity 30.7 % -93%
Return On Assets -23.7 % +73.8%
Operating Margin -28.9 % +74.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.41M shares +11%
Common Stock, Shares, Outstanding 9.1M shares +7.79%
Entity Public Float 25.8M USD -79%
Common Stock, Value, Issued 1K USD 0%
Weighted Average Number of Shares Outstanding, Basic 8.87M shares +7.97%
Weighted Average Number of Shares Outstanding, Diluted 8.87M shares +7.97%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 65.6M USD +23.5%
Research and Development Expense 9.42M USD -45.3%
Selling and Marketing Expense 14.8M USD -37%
General and Administrative Expense 24.7M USD -32.8%
Operating Income (Loss) -19M USD +68.5%
Nonoperating Income (Expense) 2.45M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.4M USD +82.4%
Income Tax Expense (Benefit) 27K USD +2600%
Net Income (Loss) Attributable to Parent -10.4M USD +82.4%
Earnings Per Share, Basic -1.95 USD/shares +82.2%
Earnings Per Share, Diluted -2.61 USD/shares +76.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15.4M USD -37.9%
Accounts Receivable, after Allowance for Credit Loss, Current 16.9M USD +30.2%
Inventory, Net 8.1M USD -34.6%
Assets, Current 42.5M USD -17.8%
Property, Plant and Equipment, Net 193K USD -68.3%
Operating Lease, Right-of-Use Asset 217K USD -86.8%
Intangible Assets, Net (Excluding Goodwill) 2.22M USD -1.29%
Assets 45.9M USD -19.9%
Accounts Payable, Current 17.5M USD -23.1%
Accrued Liabilities, Current 11.6M USD +3.08%
Contract with Customer, Liability, Current 1.24M USD +19.9%
Liabilities, Current 42.2M USD -12.9%
Operating Lease, Liability, Noncurrent 22K USD -98.1%
Other Liabilities, Noncurrent 150K USD -91.5%
Liabilities 66.7M USD -15.5%
Retained Earnings (Accumulated Deficit) -254M USD -4.3%
Stockholders' Equity Attributable to Parent -33.4M USD -22.4%
Liabilities and Equity 45.9M USD -19.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.34M USD +64.4%
Net Cash Provided by (Used in) Financing Activities 5.23M USD -77.2%
Net Cash Provided by (Used in) Investing Activities -54K USD -575%
Common Stock, Shares Authorized 107M shares 0%
Common Stock, Shares, Issued 9.1M shares +7.79%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.84M USD -86.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 15.4M USD -37.9%
Deferred Tax Assets, Valuation Allowance 55.2M USD +8.85%
Deferred Tax Assets, Gross 55.4M USD +8.1%
Operating Lease, Liability 1.19M USD -63.5%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -19.4M USD +43.8%
Lessee, Operating Lease, Liability, to be Paid 1.22M USD -64.4%
Property, Plant and Equipment, Gross 3.72M USD -9.58%
Operating Lease, Liability, Current 1.17M USD -44.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 22K USD -98.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.2M USD -46.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 28K USD -82.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 18K USD -98.1%
Deferred Tax Assets, Operating Loss Carryforwards 43.7M USD +14.9%
Preferred Stock, Shares Authorized 100M shares
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 1.23M USD
Additional Paid in Capital 220M USD +2.01%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 109K USD -62.8%
Share-based Payment Arrangement, Expense 8.83M USD -24.6%
Interest Expense 468K USD -86.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares