---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-140739"
form_type: "8-K"
ticker: "WATT"
cik: "0001575793"
company_name: "Energous Corp"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:22:13.667088+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energous Q1 revenue falls 55% YoY to $96.7K; net loss $(6.7M) or $(0.08)/share

## Summary
- Revenue of $96,676, down from $215,961 in Q1 2022; costs and expenses were ~$6.4M.
- Net loss of $(6.7M), basic and diluted EPS $(0.08); adjusted non-GAAP net loss $(5.5M).
- Cash and equivalents $26.3M at quarter end; no debt outstanding.
- Partnerships with InnoTractor, Thinaer, LIXIL, SATO, Catapult, and amsOSRAM for wireless power solutions.
- Japan regulatory approval for 1W WattUp PowerBridge; AirFuel RF adopted as industry standard.

## SEC filing metadata
- accession: 0001193125-23-140739
- form_type: 8-K
- ticker: WATT
- cik: 0001575793
- company_name: Energous Corp
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575793/000119312523140739/0001193125-23-140739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575793/000119312523140739/d370811d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-140739
- JSON: https://secwatch.observer/filing/0001193125-23-140739.json
- Plain text: https://secwatch.observer/filing/0001193125-23-140739.txt

## Key facts
- Earnings Releases
  Energous Corp reported first quarter ended March 31, 2023 results: revenue approximately $96,676, net income approximately $(6.7) million, EPS approximately $(0.08) per basic and diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: approximately $96,676
  - Net income: approximately $(6.7) million
  - EPS: approximately $(0.08) per basic and diluted share
  - Result: reported results
  source text: For the first quarter ended March 31, 2023, Energous reported: • Revenue of approximately $96,676, compared to $215,961 in the 2022 first quarter • Costs and expenses of approximately $6.4 million, with approximately $138,813 in cost of revenue, $3.1 million in research and development, and $3.2 million in sales, marketing, general and administrative expenses • Net loss of approximately $(6.7) million, or $(0.08) per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575793/000119312523140739/0001193125-23-140739-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.