Energous | 10-Q: FY2025 Q3 Revenue: USD 1.272 M

Revenue: As of FY2025 Q3, the actual value is USD 1.272 M.

EPS: As of FY2025 Q3, the actual value is USD -1.31.

EBIT: As of FY2025 Q3, the actual value is USD -2.279 M.

Segment Revenue

• Revenue: Energous Corporation recorded revenue of $1.3 million for the three months ended September 30, 2025, a 453% increase from $0.2 million in the same period in 2024. For the nine months ended September 30, 2025, revenue was $2.6 million, marking a 662% increase from $0.3 million in 2024.

Operational Metrics

• Net Loss: The net loss for the three months ended September 30, 2025, was $2.1 million, compared to $3.4 million in the same period in 2024. For the nine months ended September 30, 2025, the net loss was $8.3 million, compared to $14.3 million in 2024.
• Gross Profit: The gross profit for the three months ended September 30, 2025, was $0.5 million, compared to a gross loss of $76,000 in the same period in 2024. For the nine months ended September 30, 2025, gross profit was $0.9 million, compared to a gross loss of $0.2 million in 2024.
• Operating Expenses: Total operating expenses for the three months ended September 30, 2025, were $2.6 million, down from $3.5 million in 2024. For the nine months ended September 30, 2025, operating expenses were $9.5 million, compared to $14.7 million in 2024.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities was $10.0 million for the nine months ended September 30, 2025, compared to $14.9 million in 2024.

Unique Metrics

• Warrant Liability: The change in fair value of the warrant liability resulted in a $0.3 million gain for the nine months ended September 30, 2025.

Future Outlook and Strategy

• Core Business Focus: Energous Corporation plans to continue investing in transitioning and scaling the business from research and development to commercial production. The company anticipates that its available resources and revenue generated from business operations will be sufficient to sustain operations for the next 12 months.
• Non-Core Business: The company may pursue additional financing options, including equity or debt securities, bank financing, or strategic partnerships, depending on market conditions.