secwatch / observer
8-K filed March 9, 2023, 6:59 PM ET ticker WATT CIK 0001575793
earnings confidence high sentiment positive materiality 0.65

Energous Q4 revenue $179K, net loss narrows to $6.1M; full-year revenue up 12.5%

Energous Corp

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Energous Corp reported the fourth quarter ended December 31, 2022 results: revenue approximately $179,000, net income approximately $(6.1) million, EPS $(0.08) per basic and diluted share.

Period
the fourth quarter ended December 31, 2022
Revenue
approximately $179,000
Net income
approximately $(6.1) million
EPS
$(0.08) per basic and diluted share
Result
reported results
Exact text from the filing
For the fourth quarter ended December 31, 2022, Energous reported: • Revenue of approximately $179,000, versus $225,000 in the 2021 fourth quarter – full-year revenue of approximately $851,000 increased 12.5% from approximately $757,000 in 2021. • Total costs and expenses of approximately $6.5 million, with approximately $383,000 in cost of revenue, $2.9 million in research and development (R&D) expenses, $3.1 million in sales, marketing, general and administrative (SG&A) expenses, and $165,000 in severance expenses – total costs and expenses were down significantly from approximately $9.6 million in the 2021 fourth quarter. • Net loss of approximately $(6.1) million, or $(0.08) per basic and diluted share, versus a net loss of approximately $(9.4) million, or $(0.13) per basic and diluted share, in the 2021 fourth quarter.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Energous Corp reported the full year ended December 31, 2022 results: revenue approximately $851,000.

Period
the full year ended December 31, 2022
Revenue
approximately $851,000
Result
reported results
Exact text from the filing
full-year revenue of approximately $851,000 increased 12.5% from approximately $757,000 in 2021
View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Energous Corp filing history →

Source: SEC EDGAR
accession 0001193125-23-066121
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