Energous Corporation (WATT)

From the record

Energous Corporation's filings since 2017 show 7 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2025-02-27); an auditor change (8-K item 4.01, the latest 2024-04-16); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2023-08-15) (its current reports).

From the record

Energous Corporation's 9 filed years say what it did: revenue went from $1 million in fiscal 2017 to $6 million in fiscal 2025, up 21.9% a year; it rose in 5 of 8 years; the deepest fall was 83% from fiscal 2017 to fiscal 2019; net income was positive in 0 of 9 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Energous Corporation lost about 77 cents for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 522.8% over the year (the filed statements).

From the record

Energous Corporation's standing among 21 graded names in its industry family: revenue of $6 million in fiscal 2025 ranks in the bottom 3% by size; a net margin of -170.4% ranks in the bottom 17%; revenue growth of 87.7% a year over the last 3 filed years ranks in the top 7% (its annual reports).

From the record

Energous Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Burak, Mallorie Sara (CEO & CFO, as filed), filing under that title since 2024-10-18, 2.1 years (bottom 12% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 12%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 22%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Energous Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $10 million against no long-term debt tagged leaves 62.1% of its assets as net cash, top 7% of its family; cash from operations less capital spending is -222.1% of revenue (bottom 7%); a gross margin of 36% (bottom 34%); research spending of 73.3% of revenue (top 7%) (its annual report).

From the record

Energous Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 87.7% a year over the last three filed years against 21.9% over all 9, speeding up (top 8% of its family); the newest year grew 634.1% (top 2%); research spending grew -30.9% a year (bottom 12%); capital spending grew -20.8% a year (bottom 18%) (its annual reports). Energous Corporation reported 2 product lines in fiscal 2025: Power Bridge Sales and Shipping at $6 million (98%), Other at $107 thousand (2%); 2 of 2 grew against the year before (its annual report).

From the record

Energous Corporation's newest year against its own record: revenue of $6 million in fiscal 2025 came in 671.8% above the $729 thousand its prior three years' pace pointed to (top 3% of its family); net income of $10 million against a prior three-year average of $21 million (top 37%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 3%) (its annual reports).