secwatch.observer — SEC 8-K summary
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Issuer:     Energous Corp (WATT)
CIK:        0001575793
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0001104659-25-047830
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energous Q1 revenue up 436% to $0.3M; net loss improves to $(3.4)M from $(6.6)M
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- Revenue $0.3M (+436% YoY); PowerBridge transmitter sales up 483% YoY.
- GAAP net loss $(3.4)M ($(0.12)/share) vs $(6.6)M ($(1.11)/share) in Q1 2024.
- Operating expenses cut 44% to $3.7M; annualized cost savings of $7.3M.
- Cash $10.1M at March 31; raised $13.8M net from ATM offering in Q1.
- After quarter end, shipped additional $0.3M product to retailers and new power company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575793/000110465925047830/0001104659-25-047830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575793/000110465925047830/tm2514628d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-047830

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