AUGUST 2021
SECOND QUARTER 2021 EARNINGS
NASDAQ | RESN
SAFE HARBOR STATEMENT
This document contains forward-looking statements. The words "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "project," "plan," "expect" and similar expressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements. Forward-looking statements may address the following subjects among others: the status of filter designs under development, the prospects for licensing filter designs upon completion of development, plans for other filter designs not currently in development, potential customers for our designs, the timing and amount of future royalty streams, the expected duration of our capital resources, our hiring plans, the impact of our designs on the mobile device market, and our business strategy. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: our limited operating history; our ability to complete designs that meet customer specifications; the ability of our customers (or their manufacturers) to fabricate our designs in commercial quantities; the ability of our customers to sell products incorporating our designs to OEMs; our dependence on a small number of customers; the ability of our designs to significantly lower costs as compared to other designs and solutions; the risk that the intense competition and rapid technological change in our industry renders our designs less useful or obsolete; our ability to find, recruit and retain the highly skilled personnel required for our design process in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this document, and we expressly disclaim any obligation or undertaking to update forward-looking statements.
We may refer to information regarding potential markets for products and other industry data. We believe that all such information has been obtained from reliable sources that are customarily relied upon by companies in our industry. However, we have not independently verified any such information.
Q2 2021 Earnings Presentation (NASDAQ: RESN) | 2
CONTINUED BUSINESS ACCELERATION
Executing against operational and strategic priorities
XBAR® MILESTONES
- Commercialization phase of agreement with strategic partner
- Began sampling XBAR® Wi-Fi filters for non-mobile market
- XBAR® successfully manufactured by eight (8) separate SAW foundries
OPERATIONAL HIGHLIGHTS
- Announced WaveX™, Resonant's upgraded filter design software
- Patent portfolio grew to >375 patents filed or issued, >225 of which are related XBAR®
- Legacy customer successes provide roadmap for future XBAR® engagements
Q2 2021 HIGHLIGHTS
Revenues of | Q2 Unit Volumes Ramped to | Unit Volumes Shipped To-Date |
$0.6M | 17.5M+ | 79M+ |
(~450% increase YoY) | (production volumes) |
INUDSTRY VALIDATION WITH REVENUES AND UNITS RAMPING 2020 Q3 Quarterly
Q2 2021UpdateEarnings Presentation (NASDAQ: RESN) | 3
UNLOCKING THE POTENTIAL OF NEXT-GENERATION WIRELESS
innately meets the requirements of 5G, next-genWi-Fi, and UWB
Continued progress in partnership with the world's largest RF filter manufacturer
Target performance Packaging
Initial Reliability
Focus is now on commercialization (high- volume manufacturing of XBAR-based RF filters for 5G)
Expanding agreement with strategic partner to include additional devices by year end
XBAR® technology ideally suited for non- mobile segment including mobile infrastructure, Wi-Fi access points, UWB, and IoT applications
Next-Gen Wireless Networks Depend on Each Other To Unlock New Applications
2020 Q3 Quarterly
Q2 2021UpdateEarnings Presentation (NASDAQ: RESN) | 4
INNOVATIVE FILTER DESIGN WITH INDUSTRY-LEADING
WaveX™ DESIGN SOFTWARE PLATFORM
TRADITIONAL APPROACH | WaveX™ DESIGN PLATFORM |
TIME CONSUMING, ITERATIVE DEVELOPMENT PROCESS WITH | NIMBLE SOLUTION, SUPERIOR PERFORMANCE WITH 2X FASTER |
MONTHS/YEARS OF LEAD TIME | TIME-TO-MARKET |
$$
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Q2 2021 Earnings Presentation (NASDAQ: RESN) | 5
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Resonant Inc. published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 20:48:29 UTC.