WATT Q1 2022 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q1 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$215,961+48.9% YoY

Gross Profit

$12,7125.9% margin

Operating Income

-$7M-3313.4% margin

Net Income

-$7M-3312.0% margin

EPS (Diluted)

$-55.79

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$796,906

Balance Sheet

Total Assets

$44M

Total Liabilities

$4M

Stockholders' Equity

$41M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215,961	$145,065	+48.9%
Gross Profit	$12,712	$145,065	-91.2%
Operating Income	-$7M	-$9M	+16.1%
Net Income	-$7M	-$9M	+16.1%

Revenue Segments

Product Development Projects Revenue

$215,961100%