WATT Q3 2022 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q3 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$223,201+10.8% YoY

Gross Profit

-$196,859-88.2% margin

Operating Income

-$6M-2736.4% margin

Net Income

-$6M-2672.4% margin

EPS (Diluted)

$-46.12

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$698,222

Balance Sheet

Total Assets

$34M

Total Liabilities

$5M

Stockholders' Equity

$29M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$223,201	$201,364	+10.8%
Gross Profit	-$196,859	$201,364	-197.8%
Operating Income	-$6M	-$12M	+51.0%
Net Income	-$6M	-$12M	+52.1%

Revenue Segments

Product Development Projects Revenue

$223,201100%