secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001104659-25-018227
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous FY2024 revenue up 62% to $0.8M; net loss narrows to $18.4M
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- Revenue $0.8M in FY2024 (+62% YoY); Q4 revenue $0.4M (+86% QoQ).
- Total GAAP op expenses fell to $19.2M from $22.6M; non-GAAP opEx down 19% to $16.2M.
- Net loss improved to $(18.4)M ($(2.57)/share) vs $(19.4)M ($(4.15)/share) in 2023.
- Cash $1.4M at Dec 31, 2024; as of Feb 25, 2025 cash grew to $11.7M (likely financing).
- Revenue mix shift: 88% from PowerBridge transmitters in 2024 vs 80% from engineering/micro-chip in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000110465925018227/0001104659-25-018227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000110465925018227/tm257381d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-018227

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