For the quarter ending 2025-09-30, WATT made $1,272,000 in revenue. -$2,113,000 in net income. Net profit margin of -166.12%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 1,272,000 | 975,000 | 343,000 | 179,333.333 |
| Cost of revenue | 814,000 | 637,000 | 250,000 | 123,666.667 |
| Gross profit (loss) | 458,000 | 338,000 | 93,000 | 3,000 |
| Research and development | 897,000 | 1,100,000 | 1,192,000 | 1,484,000 |
| Sales and marketing | 499,000 | 704,000 | 589,000 | 789,000 |
| Expenses from abandoned financing transaction | - | 5,000 | 656,000 | - |
| General and administrative | 1,245,000 | 1,286,000 | 895,000 | 1,560,666.667 |
| Severance expense | 8,000 | 23,000 | 372,000 | 431,333.333 |
| Total operating expenses | 2,649,000 | 3,118,000 | 3,704,000 | 4,265,000 |
| Loss from operations | -2,191,000 | -2,780,000 | -3,611,000 | -4,943,000 |
| Other expense | - | - | - | 7,750 |
| Loss on extinguishment of short-term debt | - | - | - | -54,750 |
| Change in fair value of warrant liability | 10,000 | - | -267,000 | -34,333.333 |
| Interest income, net | 88,000 | -7,000 | -22,000 | - |
| Loss on retirement of property and equipment | - | -1,000 | - | - |
| Total other income, net | 78,000 | -8,000 | 245,000 | -52,333.333 |
| Net loss | -2,113,000 | -2,788,000 | -3,366,000 | -4,995,333.333 |
| Earnings per share, basic | -1.31 | -0.08 | -0.12 | -0.69 |
| Earnings per share, diluted | -1.31 | -0.08 | -0.12 | -0.69 |
| Weighted average number of shares outstanding, basic | 1,610,246 | 35,638,362 | 28,443,192 | 106,405 |
| Weighted average number of shares outstanding, diluted | 1,610,246 | 35,638,362 | 28,443,192 | 106,405 |
Energous Corp (WATT)
Energous Corp (WATT)