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WATT
Energous Corporation
$20M
Q1 2024 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$64,000
-34.0% YoY
Gross Profit
-$45,000
-70.3% margin
Operating Income
-$7M
-10414.1% margin
Net Income
-$7M
-10310.9% margin
EPS (Diluted)
$-33.30
QoQ Revenue Growth
-29.7%
Cash Flow
Operating Cash Flow
-$5M
Free Cash Flow
-$5M
Stock-Based Comp.
$404,000
Balance Sheet
Total Assets
$13M
Total Liabilities
$6M
Stockholders' Equity
$7M
Cash & Equivalents
$11M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$64,000
$97,000
-34.0%
Gross Profit
-$45,000
-$42,000
-7.1%
Operating Income
-$7M
-$6M
-5.9%
Net Income
-$7M
-$7M
+0.8%
Revenue Segments
Product Development Projects Revenue
$100,000
100%
← FY 2024
All Quarters
Q2 2024 →
WATT Q1 2024 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena