UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 001-36379 ENERGOUS CORPORATION (Exact name of registrant as specified in its charter) Delaware 46-1318953 (State of incorporation) (I.R.S. Employer Identification ...

Energous Corporation (NASDAQ:WATT) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Craig MacPhail - Investor Relations Cesar Johnston - President and Chief Executive Officer Susan Kim Van Dongen - Interim Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Partners, LLC Jon Hickman - Ladenburg Thalmann Operator Hello. Good day, and welcome to the Energous Corporation Third Quarter 2023 Financial Results. At this time, all participants are in a l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 001-36379 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: ENERGOUS CORPORATION (Exact name of registra ...

Energous Corporation (NASDAQ:WATT) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Craig MacPhail - Investor Relations Cesar Johnston - Chief Executive Officer Susan Kim Van Dongen - Interim Chief Financial Officer Conference Call Participants Suji Desilva - ROTH MKM Jon Hickman - Ladenburg Operator Good afternoon and welcome to the Energous Corporation Second Quarter 2023 Financial Results Earnings Conference Call. All participants will be in listen-only mode. [Operator Ins ...

Revenue and Financial Performance - Revenue for the three months ended March 31, 2023, was $96,676, a decrease of 55.2% from $215,961 in the same period of 2022 [122]. - Loss from operations for the three months ended March 31, 2023, was $6,294,059, compared to a loss of $7,155,544 for the same period in 2022, reflecting a 12.1% improvement [123]. - Net loss for the three months ended March 31, 2023, was $6,652,507, compared to a net loss of $7,152,718 in the same period of 2022, indicating a 7% improvement [128]. Cost Management - Research and development costs decreased to $3,078,524 for the three months ended March 31, 2023, down 12.7% from $3,527,146 in 2022 [124]. - Sales and marketing costs for the three months ended March 31, 2023, were $1,211,938, a decrease of 24.8% from $1,613,590 in 2022 [125]. - General and administrative expenses decreased to $1,961,460 for the three months ended March 31, 2023, down 3.3% from $2,027,520 in 2022 [126]. Cash Flow and Liquidity - Net cash used in operating activities was $5,364,355 for the three months ended March 31, 2023, compared to $6,356,971 in 2022, a reduction of 15.6% [129]. - Cash flows provided by financing activities were $5,417,022 for the three months ended March 31, 2023, significantly higher than $104,217 in 2022 [134]. - The company expects its cash on hand as of March 31, 2023, to be sufficient to fund operations through May 2024 [130]. Market Opportunities - The IoT market is projected to grow to approximately $1.1 trillion in spending by 2026, presenting significant opportunities for the company's WattUp technology [113].

Energous Corporation (NASDAQ:WATT) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Cesar Johnston - Chief Executive Officer Bill Mannina - Acting Chief Financial Officer Conference Call Participants Suji Desilva - ROTH Capital Operator Good day, and welcome to the Energous Corporation First Quarter 2023 Financial Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ENERGOUS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 46-1318953 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) (Address of Principal Executive Offices) (Zip Code) 3590 North First Street, Suite 210, San Jose, CA 95134 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended Dec ...

Energous Corporation (NASDAQ:WATT) Q4 2022 Earnings Conference Call March 9, 2023 4:30 PM ET Company Participants Matt Sullivan - Investor Relations Cesar Johnston - Chief Executive Officer Bill Mannina - Acting Chief Financial Officer Conference Call Participants Suji Desilva - ROTH MKM Operator Good day and welcome to the Energous Corporation Fourth Quarter 2022 Financial Results. [Operator Instructions] I would now like to turn the conference over to Matt Sullivan, Investor Relations. Please go ahead. Ma ...

eenergous | --- | --- | |-----------------------|-------| | | | | | | | | | | | | | Investor Presentation | | | DECEMBER 2022 | | | Nasdaq: WATT | | Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections, including statements regarding our future performance, ...

Financial Data and Key Metrics Changes - In Q3 2022, the company reported revenue of approximately $223,000, a decrease of 4% compared to the prior quarter but an 11% increase year-over-year from approximately $201,000 [19] - The net loss for Q3 was $6 million, or $0.08 loss per share, compared to a $7 million net loss in Q2 and a $12.5 million net loss in Q3 2021 [23] - Year-to-date total GAAP cost and expenses were $21 million, approximately $11.5 million lower than the $32.5 million in Q3 year-to-date GAAP expense in fiscal 2021, a decrease of just under 36% [22] Business Line Data and Key Metrics Changes - The company achieved over 10% year-over-year quarterly revenue growth, driven by demand for WattUp PowerBridges [6] - Cost of revenue for Q3 was approximately $420,000, an increase of $149,000 over the prior quarter due to product sales and an inventory write-down [20] Market Data and Key Metrics Changes - The company has received certifications in multiple regions including the U.S., EU, UK, India, China, Canada, New Zealand, and Australia, with significant deployments in Australia [31] - The 900 megahertz band for wireless power transfer was approved by the ITU, which supports the company's technology development [9][15] Company Strategy and Development Direction - The company is focused on forming strategic partnerships to ensure successful market deployment, with recent partnerships aimed at various applications including IoT, industrial, retail, and medical [10] - Long-term goals include supporting the development of a wireless power transfer standard and leading the ITU recommendation for the 900-megahertz spectrum [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the increasing demand for wireless power solutions and the successful deployment of technology in retail environments [6][12] - The company anticipates continued year-over-year revenue growth and plans to detail objectives for 2023 in the next quarterly call [47] Other Important Information - The company ended Q3 with $30.4 million in cash and remains debt-free, expecting cash operating expenses to trend within the current range [28] - The company has made substantial progress in regulatory certifications and technology deployments, positioning itself as a leader in the IoT wireless power market [12] Q&A Session Summary Question: What are the best near-term opportunities geographically? - Management highlighted the U.S. and UK as large markets with significant interest, alongside recent deployments in Australia [31] Question: What might be the dollar content per store for Energous? - Management did not disclose specific costs but indicated that the pricing is comparable to existing WiFi access points [32] Question: Can you elaborate on the inventory write-down? - The CFO clarified that the write-down was related to the products currently being sold, specifically transmitters [33] Question: What is the sustainable level for R&D expenses? - The CFO noted that the current quarter's R&D expenses were lower due to fluctuations in activity and headcount [34] Question: What are the gating factors for market development? - Management indicated that the process involves proof of concept engagements, with potential for expansion over time as customers evaluate the technology [40]