Lucide Ledger

A filing-first public record from Lucide House.

Issue 000 | U.S. Pilot | US

WLDS

Wearable Devices Ltd.

Screen state: Passing Source state: Verified 20-F | 2026-03-12 Filing currency: USD
Open Filing Back to Register Report a correction
Internal NCAV Discount 72.6%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets
19,530,000USD
Total Liabilities
1,437,000USD
NCAV
18,093,000USD
Cash
6,500,000USD
NCAV per share
1.55USD/share
Evidence
4 annual | 7 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Not captured in this issue’s Mary run.

This archived issue is not backfilled with observations from a later screening run.

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Share Count & Per-Share Comparability

Data Vault has not published the normalized share-count artifact for this company.

Known Unknowns

Only 7 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-12-31
20-F
USD
2024-12-31
20-F
USD
2023-12-31
20-F
USD
2022-12-31
20-F
USD
Revenue 647,000 522,000 82,000 45,000
Operating Income -8,332,000 -7,820,000 -8,186,000 -6,458,000
Net Income -8,107,000 -7,879,000 -7,814,000 -6,496,000
Cash From Operations -6,598,000 -7,613,000 -8,434,000 -5,714,000
Capex -20,000 -43,000 -194,000 -48,000
Free Cash Flow -6,618,000 -7,656,000 -8,628,000 -5,762,000
Cash And Equivalents 6,500,000 3,089,000 810,000 10,373,000
Accounts Receivable 37,000 n/a n/a n/a
Inventory 778,000 103,000 206,000 n/a
Total Current Assets 19,530,000 5,516,000 6,752,000 10,976,000
Total Assets 19,990,000 5,976,000 7,592,000 11,224,000
Total Current Liabilities 1,380,000 2,095,000 1,788,000 1,150,000
Total Liabilities 1,437,000 2,116,000 2,066,000 1,244,000
Shareholders Equity 18,553,000 3,860,000 5,526,000 9,980,000
Shares Outstanding 2,882,802 707,463 20,387,428 15,049,720
Shares Outstanding Diluted n/a n/a n/a n/a
Weighted Avg Shares Diluted 1,238,719 325,690 16,201,238 12,277,224
Weighted Avg Shares Basic 1,238,719 325,690 16,201,238 12,277,224
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Only 7 quarterly periods available from Data Vault for this company.

Metric
2025-06-30
6-K
USD
2024-12-31
6-K
USD
2024-06-30
6-K
USD
2023-12-31
6-K
USD
2023-06-30
6-K
USD
2022-12-31
6-K
USD
2022-06-30
6-K
USD
Revenue 294,000 522,000 394,000 82,000 12,000 45,000 28,000
Operating Income -3,758,000 -7,820,000 -4,221,000 -8,186,000 -4,054,000 -6,458,000 -2,053,000
Net Income -3,715,000 -7,879,000 -4,210,000 -7,814,000 -3,896,000 -6,496,000 -2,051,000
Cash From Operations -2,967,000 -7,613,000 -3,861,000 -8,434,000 -3,738,000 -5,714,000 -1,439,000
Capex -7,000 -43,000 -36,000 -194,000 -93,000 -48,000 -15,000
Free Cash Flow -2,974,000 -7,656,000 -3,897,000 -8,628,000 -3,831,000 -5,762,000 -1,454,000
Cash And Equivalents 2,064,000 3,089,000 3,103,000 810,000 5,954,000 10,373,000 n/a
Total Current Assets 4,517,000 5,516,000 4,738,000 6,752,000 8,689,000 10,976,000 n/a
Total Liabilities 974,000 2,116,000 3,677,000 2,066,000 1,728,000 1,244,000 n/a
Shares Outstanding 2,287,833 707,463 20,887,428 20,387,428 15,942,984 15,049,720 n/a
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted n/a 325,690 20,392,984 16,201,238 15,254,457 12,277,224 11,136,850
Weighted Avg Shares Basic n/a 325,690 20,392,984 16,201,238 15,254,457 12,277,224 11,136,850
Net Share Count Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Ownership Claim Change (Normalized) Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence Insufficient evidence
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 4,517,000USD us-gaap:AssetsCurrent 2025-06-30 1.00 Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Total Liabilities 974,000USD us-gaap:Liabilities 2025-06-30 1.00 Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Cash 2,064,000USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-06-30 1.00 Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Shares Outstanding 2,287,833 us-gaap:CommonStockSharesOutstanding 2025-06-30 1.00 Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
NCAV 3,543,000USD derived 2025-06-30 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 1.55USD derived 2025-06-30 n/a company-evidence-v1 | NCAV / shares_outstanding
Internal NCAV Discount 72.6% derived 2025-06-30 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
Local evidence | The Data Vault
CIK
0001887673
Company ID
n/a
Selected Annual Source
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Selected Quarterly Source
Data Vault | sec/companyfacts/cik=0001887673/companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
7
Imported At
2026-08-15T12:53:03+00:00
Rendered At
2026-08-16T03:29:34+00:00

Run Audit

Mary Run
1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of
2026-07-03
Accession
0001213900-26-026977
CIK
0001887673
Mary Filing Date
2026-03-12
Filing Currency
USD
Internal Discount
72.6%
Source State
Verified
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-03-12; mary_accession=0001213900-26-026977; mary_cik=0001887673; gnni_supporting_filing_date=2026-03-12; internal_discount=0.725948; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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