secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001104659-24-087264
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous Q2 revenue falls to $46K; net loss widens to $4.3M
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- Revenue of $46,000 vs $0.1M YoY; backlog $0.2M as of June 30 with $0.1M shipped post-quarter.
- Net loss $(4.3)M ($0.65/share) compared to $(4.0)M ($0.88/share) in Q2 2023.
- Non-GAAP net loss $(4.7)M, an 11% improvement from $(5.3)M; cash $4.9M, no debt.
- Costs and expenses $4.7M, down 24% YoY; company highlights follow-on orders from large retail customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924087264/0001104659-24-087264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000110465924087264/tm2420847d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-087264

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