Core Insights - Energous Corporation reported record revenue growth for the year ended December 31, 2025, with annual revenue expected to be $5.6 million, a 630% increase from approximately $0.8 million in 2024, marking the highest annual revenue in the company's history [2][7] - The company achieved a significant improvement in operating performance, with net loss decreasing by over 45% year-over-year, attributed to increased scale and improved cost discipline [2][4] - Energous raised approximately $23.9 million in equity capital in 2025, enhancing its financial position and enabling sustained investment in product innovation and strategic growth initiatives [2][7] Financial Performance - For Q4 2025, preliminary revenue was approximately $3.0 million, reflecting a 139% increase quarter-over-quarter from approximately $1.3 million in Q3 2025, while net loss improved by over 25% compared to the previous quarter [3][7] - The company expects to finalize its financial results in its Annual Report on Form 10-K [3] Product Development - Energous expanded its product portfolio in 2025 with four new products aimed at enhancing its wireless power platform, including e-Sense, e-Compass, PowerBridge MOD, and PowerBridge PRO+ [5][8] - The company was granted 15 new patents in 2025, strengthening its technology foundation and ability to deliver differentiated solutions [5] Commercial Expansion - Energous joined the Amazon Web Services (AWS) Partner Network, allowing integration of its wireless power and sensing technologies with AWS cloud services, facilitating scalable operations [6] - The company's hardware and software solutions are now qualified and available through the Amazon Marketplace, streamlining procurement for enterprise customers [6] Operational Milestones - The year 2025 marked a significant inflection point for Energous, translating years of technology development into tangible financial and commercial momentum [9] - The company reported support for over 410 retail stores and fulfillment centers, deployment across three national grocery distribution centers, and 14 international deployments, with more than 25,000 PowerBridge units shipped and zero product returns on PowerBridge systems [12]

Core Viewpoint - Energous Corporation has received regulatory approval for its PowerBridge Pro Directional transmitter, enabling commercialization across the European Union and the UK, marking a significant step in the company's global expansion strategy [1][3]. Group 1: Product Certification and Features - The PowerBridge Pro delivers 2W conducted power with an Effective Isotropic Radiated Power (EIRP) of 39.5 dBi, providing enterprises with broader coverage and higher performance for at-a-distance wireless power [2]. - The system has received dual-band approval for both lower (865 MHz) and upper (918 MHz) bands, allowing unrestricted deployment across EU member countries [2]. Group 2: Strategic Importance and Market Impact - The EU certification is seen as a major milestone for Energous, positioning the company to replicate its success in the U.S. market within Europe, facilitating the scaling of wireless power infrastructures across supply chains [3]. - The approval is expected to accelerate the adoption of wireless power as a foundational infrastructure layer for Ambient IoT, offering a sustainable alternative to batteries and enhancing operational connectivity globally [5]. Group 3: Company Overview and Mission - Energous is pioneering scalable over-the-air wireless power networks, aiming to drive a new generation of battery-free devices for various applications, including asset tracking and environmental monitoring [6]. - The company's technology is designed to provide continuous access to wireless power, supporting smarter and more connected operations [6].

Core Viewpoint - Energous Corporation reported a revenue of approximately $1.3 million for Q3 2025, marking a 30% increase from Q2 2025 and a 453% increase compared to Q3 2024, alongside the lowest net loss in a decade, indicating progress towards profitability [1][5]. Financial Performance - Revenue for Q3 2025 was approximately $1.3 million, a 30% increase from Q2 2025 and a 453% increase from approximately $0.2 million in Q3 2024 [5]. - Year-to-date revenue through September 30, 2025, reached approximately $2.6 million, over three times the revenue reported for the full fiscal year of 2024 [5]. - Gross profit for Q3 2025 was $0.5 million, a 703% increase from a gross loss of $0.1 million in Q3 2024, with a gross margin of 36% [5]. - GAAP net loss for Q3 2025 was approximately $(2.1) million, or $(1.31) per share, a 38% improvement from a net loss of approximately $(3.4) million, or $(14.98) per share, in Q3 2024 [5][17]. - Non-GAAP net loss for Q3 2025 was approximately $(2.0) million, showing a 38% improvement year-over-year [5]. Company Highlights - The company raised $18.2 million in net proceeds through various offerings during the nine months ended September 30, 2025 [4]. - As of September 30, 2025, the company reported approximately $12.9 million in cash and cash equivalents [5]. - The company has experienced zero product returns since the commercial production of its PowerBridge Pro began last year, emphasizing product quality as a priority [5]. - The backlog of confirmed orders as of November 11, 2025, was approximately $4.1 million, indicating increased market adoption of the company's wireless power network solutions [9]. - Energous joined the AWS Partner Network in January 2025, which has contributed to sales momentum and active proofs of concept with Fortune 500 companies [9]. Product Development - The company introduced its battery-free e-Sense tag and new products such as the AI-driven PowerBridge MOD and PowerBridge PRO+, enhancing its technology portfolio [9]. - During the first nine months of 2025, Energous was granted five new U.S. patents related to network security and location tracking [9].

Core Insights - Energous Corporation reported a revenue of approximately $1 million for Q2 2025, marking a 184% increase from Q1 2025 and the highest quarterly revenue since 2016 [1][3] - The company achieved its lowest quarterly net loss in the last decade, with a GAAP net loss of approximately $(2.8) million, a 35% improvement compared to Q2 2024 [4][3] - Energous announced a backlog of confirmed orders amounting to approximately $4 million, indicating growing market adoption of its wireless power network solutions [10][3] Financial Performance - Revenue for Q2 2025 was approximately $1.0 million, a nearly 21-fold increase compared to approximately $46,000 in Q2 2024, and a 184% increase over Q1 2025 revenue of $0.3 million [3] - Year-to-date revenue through June 30, 2025, reached approximately $1.3 million, representing a 72% increase over the total revenue for the full fiscal year of 2024 [3] - Gross margin improved by 200 percentage points, transitioning from a negative gross margin in Q2 2024 to a gross margin of 35% in Q2 2025 [3] Operational Highlights - GAAP operating expenses for Q2 2025 totaled $3.1 million, down 32% from $4.6 million in Q2 2024 [3] - Non-GAAP operating expenses decreased to approximately $3.0 million, a reduction of 37% year over year [3] - The company has had zero product returns since the commercial production of the PowerBridge Pro began last year, emphasizing its commitment to product quality [3] Strategic Initiatives - The company introduced new products, including the AI-driven PowerBridge MOD and PowerBridge PRO+, aimed at enhancing enterprise asset tracking solutions [10] - Energous was granted four new U.S. patents during the first half of 2025, focusing on network security and location tracking technologies [10] - The company is focused on enhancing gross margin and operational efficiency as part of its strategy for scalable growth [2][3]

Core Insights - Energous Corporation has reported significant progress in its second quarter of 2025, highlighting a turnaround towards sustainable and profitable growth [1][5] - The company anticipates revenue exceeding $900,000 for the quarter ended June 30, 2025, and the lowest quarterly net loss in the last decade [2][4] Financial Performance - Year-to-date revenue through June 30, 2025, is expected to be approximately $1.3 million, nearly double the total revenue for all of 2024 [3] - The estimated net loss for the second quarter is approximately $3 million, reflecting an 11% improvement from the prior quarter and a 30% improvement compared to the same quarter last year [4] Strategic Initiatives - The company has fully retired its high-interest debt, enhancing its balance sheet and financial stability [5] - Energous raised approximately $15.8 million in funding through its at-the-market equity program, reinforcing liquidity for growth initiatives [5] Commercial Traction - Energous is gaining commercial traction through partnerships with Fortune 10 and Fortune 100 companies, indicating growing demand for its wireless power technologies [6] - The company has secured a proof-of-concept deployment through Amazon Web Services and formed a strategic alliance with HaiLa Technologies [6] Product Innovation - Energous has expanded its product portfolio with new wireless power transmitters powered by AI and solutions for battery-free wireless IoT sensing and asset tracking [7] - The innovations position Energous as a leader in developing smart, sustainable, and scalable power networks [7] Market Positioning - The company is well-positioned to capitalize on the emerging ambient IoT market, which is crucial for real-time visibility and automation across various industries [8] - Energous aims to support the next generation of connected, battery-less devices with its growing portfolio of certified technologies [8]

Supply Chain Challenges & Solutions - US retailers face approximately $300 billion in annual financial losses due to poor inventory management and lack of visibility[7] - Cold chain applications experience roughly $46.7 billion in annual financial losses because retailers lack visibility in managing temperature-sensitive products[7] - Energous offers wireless power networks (WPNs) to provide visibility, control, and intelligent business automation for supply chains[11] - WPNs can reduce infrastructure costs by eliminating batteries, cables, and wires[10] Energous Technology & Advantages - Energous transmitters deliver always-on, automated energy flow and act as data links for IoT devices[13] - Energous's WPNs offer wireless charging and data transmission at a distance[18] - Energous's solutions enable a new generation of battery-free IoT devices for asset and inventory tracking[15] - Energous has a competitive advantage with higher output power delivery (8W vs <2W), leading to higher levels of asset visibility[35] Market Opportunity & Financials - The total addressable market (TAM) for IoT sensors is $16 billion[38] - The TAM for RF tags is $15.8 billion[41] - The company's revenue for FY 2024 was $0.8 million[59]

Core Insights - Energous Corporation reported a significant revenue increase of over 430% in Q1 2025 compared to Q1 2024, driven by a 483% increase in revenue from PowerBridge transmitter systems [2][5] - The company secured $13.8 million in net proceeds from its at-the-market offering program to support growth initiatives [2][11] - The company aims to reduce cash burn, achieving annualized cost savings of approximately $7.3 million [2] Financial Performance - Revenue for Q1 2025 was $0.3 million, up from approximately $0.1 million in Q1 2024, marking a 436% year-over-year increase [5] - Gross profit for Q1 2025 was approximately $0.1 million, a 307% improvement from a gross loss of $45,000 in the prior year [5] - Operating expenses decreased to $3.7 million in Q1 2025 from $6.6 million in Q1 2024, representing a 44% year-over-year improvement [5] Operational Highlights - The company shipped an additional $0.3 million in products after Q1 2025, primarily to multinational retailers and a multi-billion dollar power company [5] - Energous introduced two new products: the AI-driven PowerBridgeMOD and PowerBridge PRO+ with integrated gateway, enhancing its asset tracking solutions [11] - A major retailer is accelerating a multi-stage infrastructure modernization project, planning to deploy PowerBridge PRO transmitters in over 4,700 locations nationwide [11] Cash Position - As of March 31, 2025, the company had approximately $10.1 million in cash and cash equivalents, a significant increase from $1.4 million at the end of Q1 2024 [5][16]

Core Viewpoint - Energous Corporation reported significant financial growth in 2024, with a shift towards increased revenue from its PowerBridge transmitters, indicating a positive trend in market adoption of its wireless power solutions [1][5][7]. Financial Results - Revenue for the year ended December 31, 2024, was $0.8 million, a 62% increase from approximately $0.5 million in 2023 [5]. - In 2024, 88% of revenue was generated from PowerBridge transmitters, compared to 80% of 2023 revenue from non-recurring engineering services and micro-chip sales [5]. - Fourth quarter revenue for 2024 was $0.4 million, an 86% increase from approximately $0.2 million in the third quarter of 2024 [5]. - Total GAAP cost of revenue and operating expenses for 2024 was $19.2 million, down from $22.6 million in 2023 [5]. - Non-GAAP operating expenses decreased by approximately $4.0 million, or 19%, year over year, totaling $16.2 million in 2024 [5]. - The net loss for 2024 was approximately $(18.4) million, or $(2.57) per share, an improvement from a net loss of $(19.4) million, or $(4.15) per share, in 2023 [5][17]. - Cash and cash equivalents as of December 31, 2024, were approximately $1.4 million, increasing to approximately $11.7 million by February 25, 2025 [5]. Company Highlights - The company was granted 13 new patents in 2024, enhancing its intellectual property portfolio [5]. - Energous rebranded its PowerBridge transmitters, with the PowerBridge PRO offering 8W EIRP capabilities and the PowerBridge LITE providing 4W EIRP capabilities [5]. - A significant contract was awarded by a Fortune 10 multinational retailer to deploy PowerBridge transmitters in over 4,700 locations [5]. - The company is developing a battery-free smart tag for a global leader in RFID-based solutions, aimed at enhancing visibility and asset tracking for retail IoT applications [5][7].