WATTEnergous 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

$100,000100%

WATT Q1 2024 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena