Energous Corporation (WATT)

Nasdaq: WATT · Radio & Tv Broadcasting & Communications Equipment · San Jose, CA · filing with the SEC since 2013

Grade3.9

◀ Past 2.5● Present 3.3▶ Future 6.3

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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 26, 2026	Feb 27, 2025	Mar 28, 2024	Mar 30, 2023	Mar 23, 2022	Mar 24, 2021	Mar 13, 2020	Feb 28, 2019	Mar 16, 2018	Mar 16, 2017
Revenue	5,630,000	768,000	474,000^r	851,321	756,793	327,350	200,143	514,823	1,154,009	1,451,941
For lenders
Net interest income	166,000	·	809,000^r	411,065	5,492	71,212	416,274	89,288	11,679	13,326
Provision for credit losses	·	·	-13,000	·	·	·	·	·	·	·
Cost of revenue	3,601,000	756,000	279,000^r	1,277,565	·	126,539	·	·	·	·
Gross profit	2,029,000	12,000	195,000	·	·	·	·	·	·	·
Research and development	4,126,000	7,686,000^r	10,811,000^r	12,497,781	20,572,580	17,066,122	23,228,810	32,871,685	33,230,668	32,832,677
Sales and marketing	2,359,000	3,066,000	3,852,000^r	4,884,959	8,598,343	5,880,350	5,418,967	6,185,159	5,207,746	3,201,549
General and administrative	4,495,000	6,293,000^r	7,272,000^r	8,078,950	9,001,483	9,153,503	10,360,266	12,387,389	12,103,423	11,248,435
Total operating expenses	12,044,000	18,422,000	22,294,000	·	·	·	39,008,043	51,444,233	50,541,837	47,282,661
Total costs and expenses	·	·	22,573,929	27,537,646	42,189,578	32,226,514	39,008,043	·	·	·
Operating income	-10,015,000	-18,410,000	-22,099,000^r	-26,686,325	-41,432,785	-31,899,164	-38,807,900	-50,929,410	-49,387,828	-45,830,720
Interest expense	200,000	200,000	·	·	·	·	·	·	·	·
Total non-operating income (expense)	422,000	12,000	2,732,000^r	411,065	5,492	67,078	408,811	89,288	10,953	13,326
Income before income taxes	-9,593,000	-18,398,000	·	·	·	·	·	·	·	·
Income tax expense	·	0	0	·	·	·	·	·	·	·
Net income including non-controlling interests	-9,593,000	-18,398,000	-19,367,000^r	-26,275,260	-41,427,293	-31,832,086	-38,399,089	-50,840,122	-49,376,875	·
Net income	-9,593,000	-18,398,000	-19,367,000^r	-26,275,260	-41,427,293	-31,832,086	-38,399,089	-50,840,122	-49,376,875	-45,817,394
Earnings per share, basic	-6.46	-77.16^r	-124.50^b	-203.40^rb	-384.00^b	·	·	·	·	·
Earnings per share, diluted	-6.46	-77.16^r	-124.50^b	-203.40^rb	-384.00^b	·	·	·	·	·
Earnings per share, basic and diluted	·	·	·	·	-384.00^b	-456.00^b	-762.00^b	-1,194.00^b	-1,386.00^b	-1,560.00^b
Weighted average shares, basic	1,485,101	238,453^r	155,453^b	129,143^rb	108,211^b	·	·	·	·	·
Weighted average shares, diluted	1,485,101	238,453^r	155,453^b	129,143^rb	108,211^b	·	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	108,211^b	69,400^b	50,438^b	42,477^b	35,572^b	29,415^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-30 reverse split of Dec 2025.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton WATT · research, not advice