secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001104659-24-061150
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous Q1 2024 revenue flat at $0.1M; non-GAAP net loss improves 16% to $4.6M
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- GAAP net loss $(6.6)M ($1.11/shr) vs $(6.7)M ($1.63/shr); non-GAAP loss $(4.6)M vs $(5.5)M.
- Revenue flat ~$0.1M; total costs $6.7M incl $1.6M severance; R&D $2.3M, SG&A $2.7M.
- Non-GAAP costs & expenses $4.8M, down 17% YoY; cash $10.7M, no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924061150/0001104659-24-061150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924061150/tm2414156d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-061150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer