Akoustis Technologies Inc
Company Overview
Akoustis Technologies, Inc. is a commercial-stage company that designs, develops, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry. The company specializes in bulk acoustic wave (BAW) RF filters that are used in 5G mobile devices, WiFi networking equipment, and other wireless applications. Their products help improve wireless performance and reduce power consumption in mobile devices.
The company's primary focus is on developing innovative RF filter solutions using their proprietary XBAW technology platform, which enables the production of high-performance RF filters at scale. Their target markets include 5G mobile devices, 5G network infrastructure, WiFi customer premises equipment, and defense applications.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $9.03m | $15.08m | - | $713000.0 | 0.00% | 4.73% |
| June 30, 2024 | $5.86m | $57.31m | - | $749000.0 | 0.00% | 1.31% |
| March 31, 2024 | $7.51m | $30.86m | - | $745000.0 | 0.00% | 2.41% |
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