WATT Q2 2024 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q2 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$46,000-60.7% YoY

Gross Profit

-$76,000-165.2% margin

Operating Income

-$5M-10110.9% margin

Net Income

-$4M-9256.5% margin

EPS (Diluted)

$-19.50

QoQ Revenue Growth

-28.1%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$143,000

Balance Sheet

Total Assets

$7M

Total Liabilities

$4M

Stockholders' Equity

$3M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46,000	$117,000	-60.7%
Gross Profit	-$76,000	$34,000	-323.5%
Operating Income	-$5M	-$6M	+24.1%
Net Income	-$4M	-$4M	-6.6%

Revenue Segments

Product Development Projects Revenue

$46,000100%