WATT Q4 2023 Earnings — Energous Corporation Revenue & Financial Results | Market Cap Arena

WATTEnergous Corporation

$20M

Q4 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$91,000-49.2% YoY

Gross Profit

$82,00090.1% margin

Operating Income

-$5M-5050.5% margin

Net Income

-$5M-5060.4% margin

EPS (Diluted)

$-25.50

QoQ Revenue Growth

-46.2%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$283,073

Balance Sheet

Total Assets

$17M

Total Liabilities

$5M

Stockholders' Equity

$11M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$91,000	$179,188	-49.2%
Gross Profit	$82,000	-$203,684	+140.3%
Operating Income	-$5M	-$6M	+27.7%
Net Income	-$5M	-$6M	+25.0%

Revenue Segments

Product Development Projects Revenue

$91,667100%