Core Insights - Energous Corporation is experiencing significant commercial and financial momentum due to increasing customer adoption and demand for its wireless power network solutions [1][6] Financial Performance - For Q3 2025, Energous expects to report revenue of approximately $1.3 million, a more than sixfold increase year-over-year and a 31% increase from the previous quarter [2] - This revenue marks the highest quarterly figure since 2015, contributing to a year-to-date revenue of approximately $2.6 million, representing a 237% increase over full-year 2024 revenue [3] - The company anticipates an operational loss between $2.1 million and $2.3 million for Q3 2025, the lowest since 2014, showing improvement from a $2.8 million loss in Q2 2025 [4] Order Backlog and Customer Engagement - Energous has a confirmed order backlog of approximately $4.2 million as of October 10, 2025, driven by major enterprise deployments, including commitments from a Fortune 10 company [6][10] - The Fortune 10 customer has expanded its deployment scope to include nationwide stores, focusing on supply chain modernization [7] Technological Advancements - Energous' end-to-end wireless power solution supports the unique power requirements of ambient IoT, featuring battery-free E-Sense sensors and RF-based energy transmitters [8] - The architecture allows for continuous sensing at scale without the costs and complexities associated with battery maintenance [9] Future Outlook - The company is finalizing plans to launch a new series of wireless power products to enhance its network capabilities and support broader adoption across key verticals [9] - Energous is engaged in proof-of-concept projects with global leaders in various industries, validating its market readiness and scalability [7][10]