WATT · XBRL financial data
Energous financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (WATT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cost of goods and services sold | 127 | — | 1,278 | 279 | 756 | 3,601 |
| Gross profit | — | — | — | 195 | 12 | 2,029 |
| Research and development | 17,066 | 20,573 | 12,498 | 10,811 | 8,275 | 4,126 |
| General and administrative | 9,154 | 9,001 | 8,079 | 7,272 | 5,704 | 4,495 |
| Total operating expenses | — | — | — | 22,294 | 18,422 | 12,044 |
| Operating income (loss) | (31,899) | (41,433) | (26,686) | (22,100) | (18,410) | (10,015) |
| Interest expense | — | — | — | — | 200 | 200 |
| Income tax expense (benefit) | — | — | — | 0 | 0 | — |
| Net income (loss) | (31,832) | (41,427) | (26,275) | (19,367) | (18,398) | (9,593) |
| Earnings per share, basic‡ USD per share | — | (387.88) | (206.06) | (125.76) | (77.88) | (6.46) |
| Earnings per share, diluted‡ USD per share | — | (387.88) | (206.06) | (125.76) | (77.88) | (6.46) |
| Weighted average shares, basic‡ thousands of shares | — | 107 | 128 | 154 | 236 | 1,485 |
| Weighted average shares, diluted‡ thousands of shares | — | 107 | 128 | 154 | 236 | 1,485 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (September 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-30.3030303030303 stock split (December 2025); filings made before it reported them unadjusted.
- † Share count changed about 5x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (WATT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 50,730 | 49,071 | 26,287 | 13,936 | 1,353 | 10,401 |
| Accounts receivable | 76 | 284 | 143 | 102 | 78 | 2,988 |
| Inventory | — | — | 106 | 430 | 498 | 1,509 |
| Prepaid and other current assets | 637 | 875 | 828 | 539 | 983 | 422 |
| Total current assets | 51,442 | 50,230 | 27,364 | 15,006 | 2,912 | 15,320 |
| Property and equipment, net | 403 | 510 | 429 | 429 | 356 | 298 |
| Right-of-use asset | 1,293 | 619 | 1,960 | 1,240 | 527 | 872 |
| Total assets | 53,140 | 51,371 | 29,753 | 16,675 | 3,795 | 16,742 |
| Accounts payable | 1,097 | 1,206 | 901 | 1,879 | 1,852 | 954 |
| Accrued liabilities | 1,576 | 1,523 | 1,790 | 1,254 | 1,135 | 2,095 |
| Total current liabilities | 3,511 | 4,346 | 3,843 | 4,621 | 4,872 | 3,655 |
| Lease liability, non-current | 577 | 40 | 1,264 | 557 | — | 589 |
| Total liabilities | 4,087 | 4,387 | 5,107 | 5,178 | 4,872 | 4,244 |
| Accumulated deficit | (294,973) | (336,400) | (362,675) | (382,042) | (400,440) | (410,033) |
| Total stockholders' equity | 49,053 | 46,984 | 24,645 | 11,498 | (1,077) | 12,498 |
| Total liabilities and equity | 53,140 | 51,371 | 29,753 | 16,675 | 3,795 | 16,742 |
| Common shares outstanding (cover page)‡ thousands of shares | 102 | 127 | 150 | 201 | 1,004 | 5,501 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (September 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-30.3030303030303 stock split (December 2025); filings made before it reported them unadjusted.
- † Share count changed about 5x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (WATT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (31,832) | (41,427) | (26,275) | (19,367) | (18,398) | (9,593) |
| Stock-based compensation | 7,898 | 11,931 | 2,919 | 1,678 | 799 | 281 |
| Depreciation and amortization | 356 | 258 | 246 | 187 | 196 | 139 |
| Net cash from operating activities | (24,792) | (28,720) | (23,637) | (19,249) | (17,573) | (12,420) |
| Purchases of property and equipment | 137 | 366 | 165 | 187 | 123 | 82 |
| Net cash from investing activities | (137) | (366) | (165) | (187) | (123) | (82) |
| Proceeds from issuing common stock | 53,556 | 53,556 | 27,044 | 95 | 0 | — |
| Net cash from financing activities | 53,974 | 27,428 | 1,018 | 7,084 | 5,113 | 21,550 |
| Net change in cash | 29,046 | (1,658) | (22,784) | (12,351) | (12,583) | 9,048 |
- † Share count changed about 5x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3663 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3663 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Energous | 31,192 | not reported | (5,281)* | 5.5M | 5.9 quarters | 10-QJun 30, 2026 |
| Dna X | 900 | not reported | (2,001)* | 1.5M | 0.4 quarters | 10-QJun 30, 2026 |
| CareView Communications | 1,920 | 2,846 | 530* | 583.9M | — | 10-QJun 30, 2026 |
| Actelis Networks | 5,748 | 1,132 | (1,736)* | 28.8M | 3.3 quarters | 10-QJun 30, 2026 |
| Cambium Networks | 5,858 | 44,557 | (4,378) | 29.0M | 1.3 quarters | 10-QMar 31, 2026 |
| Clearone | 75 | not reported | not reported | 2.7M | — | 10-QJun 30, 2026 |
| Digital Ally | 830 | 5,381 | not reported | 6.5M | — | 10-QJun 30, 2026 |
| George Risk Industries | 6,842 | 6,850 | 1,937 | 4.9M | — | 10-QJul 31, 2026 |
| Parkervision | 2,501 | 0 | (886)* | 148.2M | 2.8 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.