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WATT Q1 2023 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena
WATT
Energous Corporation
$20M
Q1 2023 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$97,000
-55.1% YoY
Gross Profit
-$42,000
-43.3% margin
Operating Income
-$6M
-6488.7% margin
Net Income
-$7M
-6858.8% margin
EPS (Diluted)
$-49.03
QoQ Revenue Growth
-45.9%
Cash Flow
Operating Cash Flow
-$5M
Free Cash Flow
-$5M
Stock-Based Comp.
$522,000
Balance Sheet
Total Assets
$29M
Total Liabilities
$8M
Stockholders' Equity
$21M
Cash & Equivalents
$26M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$97,000
$215,961
-55.1%
Gross Profit
-$42,000
$12,712
-430.4%
Operating Income
-$6M
-$7M
+12.0%
Net Income
-$7M
-$7M
+7.0%
Revenue Segments
Product Development Projects Revenue
$96,676
100%
← FY 2023
All Quarters
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