WATT Q3 2024 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q3 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$230,000+36.1% YoY

Gross Profit

-$76,000-33.0% margin

Operating Income

-$4M-1557.0% margin

Net Income

-$3M-1483.5% margin

EPS (Diluted)

$-15.00

QoQ Revenue Growth

+400.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$129,000

Balance Sheet

Total Assets

$4M

Total Liabilities

$4M

Stockholders' Equity

$434,000

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$230,000	$169,000	+36.1%
Gross Profit	-$76,000	$121,000	-162.8%
Operating Income	-$4M	-$5M	+29.5%
Net Income	-$3M	-$4M	+17.1%

Revenue Segments

Product Development Projects Revenue

$200,000100%