WATT Q2 2022 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q2 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$232,971+26.0% YoY

Gross Profit

-$38,413-16.5% margin

Operating Income

-$7M-3032.5% margin

Net Income

-$7M-3012.3% margin

EPS (Diluted)

$-54.59

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$663,787

Balance Sheet

Total Assets

$40M

Total Liabilities

$6M

Stockholders' Equity

$34M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$232,971	$184,960	+26.0%
Gross Profit	-$38,413	$184,960	-120.8%
Operating Income	-$7M	-$11M	+35.9%
Net Income	-$7M	-$11M	+36.3%

Revenue Segments

Product Development Projects Revenue

$232,971100%