Energous Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.6M | $768,000 | $474,000 | $851,321 | $756,793 |
| Cost of revenue | $3.6M | $756,000 | $279,000 | $1.3M | — |
| Gross profit | $2.0M | $12,000 | $195,000 | — | — |
| Research and development | $4.1M | $7.7M | $10.8M | $12.5M | $20.6M |
| Operating expenses | $12.0M | $18.4M | $22.3M | — | — |
| Operating income | -$10.0M | -$18.4M | -$22.1M | -$26.7M | -$41.4M |
| Pretax income | -$9.6M | -$18.4M | — | — | — |
| Income tax expense | — | $0 | $0 | — | — |
| Net income | -$9.6M | -$18.4M | -$19.4M | -$26.3M | -$41.4M |
| Balance Sheet | |||||
| Cash and equivalents | $10.4M | $1.4M | $13.9M | $26.3M | $49.1M |
| Current assets | $15.3M | $2.9M | $15.0M | $27.4M | $50.2M |
| Total assets | $16.7M | $3.8M | $16.7M | $29.8M | $51.4M |
| Current liabilities | $3.7M | $4.9M | $4.6M | $3.8M | $4.3M |
| Total liabilities | $4.2M | $4.9M | $5.2M | $5.1M | $4.4M |
| Stockholders' equity | $12.5M | -$1.1M | $11.5M | $24.6M | $47.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$12.4M | -$17.6M | -$19.2M | -$23.6M | -$28.7M |
| Depreciation and amortization | $139,000 | $196,000 | $187,000 | $246,156 | $258,249 |
| Stock-based compensation | $281,000 | $799,000 | $1.7M | $2.9M | $11.9M |
| Capital expenditure | $82,000 | $123,000 | $187,000 | $164,994 | $365,735 |
| Free cash flow | -$12.5M | -$17.7M | -$19.4M | -$23.8M | -$29.1M |
Shares outstanding 5.5M · Free float 76.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.