Capturing the CPU instructions by a side-channel is indeed possible but the "real-life, working" use of the method described here is questionable for me. CPU in modern phones runs above 1GHz. USB sound card they're using provides max 192kHz which allows max 96kHz signal. 4 orders of magnitude less. There's also a lot of noise from different circuitry (GPU, display, wireless comm.) and laptop's noise as well which will obfuscate the signal.