For the year ending 2025-12-31, WATT made $5,630K in revenue. -$9,593K in net income. Net profit margin of -170.39%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 5,630 | 768 | ||
| Cost of revenue | 3,601 | 756 | ||
| Gross profit | 2,029 | 12 | ||
| Research and development | 4,126 | 8,275 | ||
| Sales and marketing | 2,359 | 3,066 | ||
| General and administrative | 4,495 | 5,704 | ||
| Severance expense | 403 | 1,377 | ||
| Expenses from abandoned financing transaction | 661 | - | ||
| Total operating expenses | 12,044 | 18,422 | ||
| Loss from operations | -10,015 | -18,410 | ||
| Other expense | - | 31 | ||
| Loss on extinguishment of short-term debt | - | -219 | ||
| Change in fair value of warrant liability | -257 | -262 | ||
| Interest income, net | 166 | - | ||
| Loss on retirement of property and equipment | -1 | - | ||
| Total other income (expense), net | 422 | 12 | ||
| Net loss | -9,593 | -18,398 | ||
| Basic EPS | -6.46 | -2.57 | ||
| Diluted EPS | -6.46 | -2.57 | ||
| Basic Average Shares | 1,485,101 | 7,153,385 | ||
| Diluted Average Shares | 1,485,101 | 7,153,385 | ||
Energous Corp (WATT)
Energous Corp (WATT)