Wearable Devices Announces First Half 2026 Financial Results and Provides Corporate Update
Wearable Devices reported H1 2026 revenues of $350K (up from $294K YoY) driven by Mudra Link and Mudra Band sales. The company is advancing its Large MUAP Model for human intent decoding, expanding into Physical AI and robotics, and launching next-generation hardware (Mudra Pro and Mudra Ultimate). However, net losses increased to $5.5M from $3.7M due to investments in new initiatives and increased headcount. Cash position declined to $677K from $6.5M.