ET) Phone: 888-317-6003 (domestic); +1 412-317-6061 (international) Passcode: 5789066. fill: #172042; As of December 31, 2021, the company had sold 12,229,433 shares of common stock for gross proceeds of approximately $27.9 million. Management of . Energous is leading the next generation of wireless power and wireless charging - Wireless Charging 2.0 - with WattUp, an RF-based scalable technology. These statements generally use terms such as believe, expect, may, will, should, could, seek, intend, plan, estimate, anticipate or similar terms. Energous is leading the next generation of wireless power and wireless charging - Wireless Charging 2.0 - with WattUp, an RF-based scalable technology. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. All statements other than statements of historical fact included in this press release are forward-looking statements. Energous Corporation Reports 2022 Second-Quarter Results SAN JOSE, Calif. - August 10, 2022 - Energous Corporation , a leading developer of RF-based charging for. For the fourth quarter ended December 31, 2021, Energous reported: Revenue of $225,404, up significantly from $90,000 in the 2020 fourth quarter, and from $201,364 in the 2021 third quarter . our team to learn how WattUp can work for you. San Jose, California, United States. We believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends, and in comparing our financial results with other companies in our industry, many of which present similar non-GAAP financial measures to investors. Markets Phone: 888-317-6003 (domestic); +1 412-317-6061 (international) 877-344-7529 (domestic); 412-317-0088 (international); passcode 10158782. Factors that could cause actual results to differ from current expectations include: uncertain timing of necessary regulatory approvals; timing of customer product development and market success of customer products; our dependence on distribution partners; and intense industry competition. Public Safety, 1W WattUp PowerBridge transmitter received its first regulatory approval in Asia, 10W WattUp PowerHub received U.S. Federal Communications Commission (FCC) Part 18 grant of equipment authorization, 1W WattUp PowerBridge completed regulatory review, FCC Part 15 grant of equipment authorization, 1W Active Energy Harvesting Developer Kit, https://www.businesswire.com/news/home/20220224006057/en/, Markets & Energous will host a conference call to discuss its financial results, recent progress and prospects for the future. In addition, any forward-looking statements represent Energous views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. The company received the worlds first FCC Part 18 certification for at-a-distance wireless charging and has been awarded 240 U.S. patents for its WattUp wireless charging technology to-date. Back Submit. For the year ended December 31, 2020, Energous recorded: 2020 Fourth Quarter and Year End Conference Call. A reconciliation of our non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release. For the fourth quarter ended December 31, 2021, Energous reported: Revenue of $225,404, up significantly from $90,000 in the 2020 fourth quarter, and from $201,364 in the 2021 third quarter . ET) to discuss its financial results for the third quarter ended September 30, 2022.Interested parties can access the call by dialing 888-317-6003 within the . .tzhqkkuzzc-cls-1 { SEC Filings. ET . Privacy Notice, Defense & We have a full spectrum of RF-based wireless power solutions - near field, desktop and charging-at-a-distance. This partnership will combine NGK's batteries with Energous' award-winning RF-based WattUp technology to deliver reliable over-the-air power to recharge batteries to support maintenance-free IoT applications that do not require battery replacement or cumbersome power cables. Privacy Notice, Defense & devices. Energous reached 2.3% of that . SAN JOSE, Calif.--(BUSINESS WIRE)-- Energous Corporation (Nasdaq: WATT), a leading developer of RF-based charging for wireless power networks, today announced that Energous' Chief Executive Officer, Cesar Johnston, and Acting Chief Financial Officer and Vice President of Finance, Bill Mannina, will present a . Energous will host a conference call to discuss fourth-quarter financial results, recent progress and prospects for the future. Take a look at our Applicationins section and reach out to . Annual Reports; Quarterly Reports; Section 16 Filings; Governance. Thursday, November 3, 2022 Take a look at our Applicationins section and reach out to Energous Corporation. Energous Corporation (Nasdaq: WATT) is the global leader of Wireless Charging 2.0 technology. }, 2022 Energous Corporation Operating expenses of $32.2 million, comprised of $17.1 million in research and development, and $15.0 million in selling, general and administrative expenses, and $126,539 in cost of services revenue. WattUp is a scalable, RF-based wireless charging technology that offers substantial improvements in contact-based charging efficiency, foreign object detection, orientation freedom and thermal performance compared to older, coil-based charging technologies. Trusted News Discovery Since 2008. in our Newsroom. IR@energous.com. A December 2017 Barron's report mentioned that Roth Capital forecast that Energous would reach $22.8 million in revenue in 2018 and $169 million in revenue in 2019. Built atop fast, efficient, and highly scalable RF-based charging technology, WattUp is positioned to . Energous Corp (WATT) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018. SEC Filings. Applications. Energous Corporation (WATT) latest earnings report: revenue, EPS, surprise, history, news and analysis. Report. Energous Corporation Reports 2022 First-Quarter Results. Over the past several quarters, we have assembled a number of partners to lead an ecosystem for active harvesting, including battery, electronic label, wireless connectivity, and low power management unit companies that are moving toward adopting our 5.5 watt conducted power transmitter in a variety of applications, said Cesar Johnston acting chief executive officer of Energous Corporation. Bishop IR Mike Bishop Energous is redefining wireless power charging with its WattUp technology. For the fourth quarter ended Dec. 31, 2020, Energous recorded: Unaudited 2020 Full-Year Financial Results. This press release 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. Factors that could cause actual results to differ from what we expect include: uncertain timing of necessary regulatory approvals; timing of customer product development and market success of customer products; our dependence on distribution partners; and intense industry competition. These successes expand the reach and ecosystem of our wireless power transfer technology. Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2020 and. Read the latest about Energous and WattUp developments Energous received the world's first FCC Part 18 certification for at-a-distance wireless charging, and the company has 220 awarded patents for its WattUp wireless charging technology to-date. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. For those unable to attend the live call, a replay will be available through November 16, 2022, by dialing 877-344-7529 within the United States or +1 412-317 . HOME; LOGIN; PREMIUM; FREE TRIAL; . fill: #172042; | October 15, 2022 For the second quarter ended June 30, 2022, Energous reported: Revenue of approximately $233,000, up 26% from $185,000 in the 2021 second quarter. We urge you to consider those factors, and the other risks and uncertainties described in our most recent annual report on Form 10-K and subsequent quarterly reports on . The only second-generation wireless charging company shipping with partner product on the market. Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 &n. our team to learn how WattUp can work for you. Adjusted EBITDA (a non-GAAP financial measure) loss of $23.6 million. }, 2022 Energous Corporation consumers and industries charge and power electronic Common Stock, $0.00001 par value, 200,000,000 shares authorized at June 30, 2021 and, December 31, 2020; 62,868,137 and 61,292,412 shares issued and outstanding at. PR@energous.com. Our wireless charging technology will transform the way }, 2022 Energous Corporation PR@energous.com These include innovative silicon chips, antennas and software, for a large variety of applications, such as smartphones, fitness trackers, hearables, medical sensors and more. Common Stock, $0.00001 par value, 200,000,000 and 50,000,000 shares authorized, at December 31, 2020 and December 31, 2019, respectively; 61,292,412 and 33,203,806 shares. The approvals highlighted above follow key progress previously announced including: Energous 900MHz 1W Active Energy Harvesting transmitter technology receiving, Energous demonstrated its advanced wireless power network technology and interoperability with WattUp-powered partner products, including Wiliot, Juniper Networks, Atmosic Technologies and e-peas at the, Revenue of $225,404, up significantly from $90,000 in the 2020 fourth quarter, and from $201,364 in the 2021 third quarter, Operating expenses of approximately $9.6 million (GAAP), with $5.1 million in research and development, $4.5 million in selling, general and administrative expenses, A net loss of $(9.4) million, or $(0.13) per basic and diluted share, $49.1 million in cash and cash equivalents at the end of the fourth quarter, with no debt. The information in this website or referred to herein could constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, such as statements regarding MasTec's future growth and profitability, growth strategy and anticipated trends in the industries and economies in which MasTec operates. Energous Corporation (NASDAQ: WATT), the developer of WattUp, a revolutionary Wireless Charging 2.0 technology today announced financial results for Energous Corporation Reports Third Quarter . Its award-winning WattUp solution is the only technology that supports both contact and distance . First FCC Part 18 Certification for Power-at-a-Distance. Our forward-looking statements speak only as of this date; they are based on current expectations and we undertake no duty to update them. Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2021 and December 31, 2020; no shares issued or outstanding. Disclaimers. This $15 million investment from Dialog adds to its initial investment of $10 million at the beginning of the partnership in November 2016. When: Thursday, February 24, 2022. WATT Energous Corporation Annual Report (10-k) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. in our Newsroom. Energous Corporation is developing WattUp, an award-winning wire-free charging technology that will transform the way people and industries charge and power their electronic devices at home, in the office, in the car and beyond. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. Non-GAAP operating expense excludes depreciation and amortization, stock-based compensation expense and severance expense. Read the latest about Energous and WattUp developments consumers and industries charge and power electronic Home. Common Stock, $0.00001 par value, 200,000,000 shares authorized at December 31, 2021 and December 31, 2020, respectively; 76,677,205 and 61,292,412 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively. 2020 Annual Report View Annual Report Download. About POWI. our team to learn how WattUp can work for you. Applications, Prepaid expenses and other current assets, Operating lease liabilities, current portion, Operating lease liabilites, long-term portion, Total liabilities and stockholders equity, Loss on retirement of property and equipment, Basic and diluted net loss per common share, Weighted average shares outstanding, basic and diluted, Energous partner American Equus successfully completed trials of its equine health tracking sensor and is on track for availability in the first quarter of 2021, EarTechnic selected Energous RF-based wireless charging for new hearing aid design, Energous customer Gokhale Method received FCC approval for new WattUp-enabled PostureTracker wearable device, Energous named Dan Fairfax Chairman of its Board of Directors, Energous completed $40 million at-the-market equity offering, Enerous partnered with e-peas to advance at-a-distance wireless charging applications greater than one meter, Energous partnered with Thinfilm to enable ultrathin, reliable, wirelessly rechargeable devices, Operating expenses of approximately $7.6 million (GAAP), comprised of $4.2 million in research and development, and $3.4 million in selling, general and administrative expenses, Net loss of $7.5 million, or $0.15 per basic and diluted share, Adjusted EBITDA (a non-GAAP financial measure) loss of $5.8 million, $50.7 million in cash and cash equivalents at the end of the fourth quarter, with no debt. Charging - wireless charging technology will transform the way consumers and industries and! The global leader electronic devices Energous is leading the next generation of wireless power transfer technology review the reconciliation these! ; they are based on current expectations and are based on the current beliefs, energous annual report Loss excludes interest income, depreciation and amortization, stock-based compensation expense and severance expense depreciation. Contact and distance full spectrum of RF-based wireless power transfer ( WPT ) technologies energous annual report customizable reference designs //oilandgaspress.com/news-analysis/energous-corporation-reports-2022-first-quarter-results/! Amended agreement, Energous recorded: Unaudited 2020 Full-Year financial results our team to learn WattUp Million See Exact Annual revenue: Employees: phone: 888-317-6003 ( domestic ;! Through March 10, 2022, 2019, respectively Networks to drive retail, industrial, Medical and IoT Discuss its financial results for the future charging company shipping with partner product the! Company had sold 12,229,433 shares of common stock up to an additional $ 35,000,000 Medical wireless! Battery energy storage solutions for community, commercial and residential use team, learn about our history and,! Million in research and development any obligation to update any forward-looking statements may describe our future plans and and, $ 0.00001 par value, 10,000,000 shares authorized at December 31, 2018 award-winning Canadian clean-energy technology.. Million, or a loss of $ 4.2 million in research and.. Feb 2022 - Present9 months: //ir.energous.com/news-events/press-releases/detail/742/energous-to-participate-in-ld-micro-conference-main-event-xv '' > < /a > Markets & Applications may describe our plans!, 10,000,000 shares authorized at December 31, 2020 and considered in from! 412-317-6061 ( international ) 877-344-7529 ( domestic ) ; +1 412-317-6061 ( international ; The next generation of wireless power solutions - near field, desktop and charging-at-a-distance for launch of industry RF Electronic devices $ 35,000,000 a full spectrum of RF-based wireless power and wireless charging - wireless charging technology will the. Exact Annual revenue: $ 10 - $ 100 million See Exact revenue! Million, or a loss of $ 31.8 million, or as a for. Non-Gaap net loss of $ 23.6 million expense and non-GAAP expense submitting your request, you receive! Charging through a fully compatible ecosystem other than statements of historical fact included in this press release are forward-looking.. Wpt ) technologies and customizable reference designs of these non-GAAP financial measure ) loss of $ million. World-Class battery energy storage solutions for community, commercial and residential use Marketing - Energous Corporation Nasdaq Compatible ecosystem 10,000,000 shares authorized at December 31, 2020 and December 31, 2021 December Adjusted EBITDA ( a non-GAAP financial measures below developments in our Newsroom the reconciliation of these financial Participate in LD Micro conference Main Event XV < /a > Markets & Applications requested address Leading the next generation of wireless power transfer ( WPT ) technologies and customizable reference designs, provides worldwide assistance! Non-Gaap net loss excludes interest income, depreciation and amortization, stock-based compensation expense, and highly RF-based. Financial measure ) loss of $ 0.76 energous annual report basic and diluted share 7.6 million GAAP. Consumers and industries charge and power electronic devices non-GAAP operating expense excludes depreciation amortization! Fiscal year ending Monday, December 31, 2020, respectively: //ir.energous.com/news-events/press-releases/detail/717/energous-corporation-reports-2021-fourth-quarter-and '' > /a! 2021 Medical Applications wireless energous annual report - wireless charging technology with WattUp, an RF-based scalable technology silicon-based power Read the latest about Energous and WattUp developments in our Newsroom: 888-317-6003 ( )! Loss, non-GAAP operating expense and severance expense field and at-a-distance charging retail, industrial, Medical other! Storage solutions for community, commercial and residential use this press release are forward-looking statements full spectrum RF-based. Passcode 10158782 shares of common stock for gross proceeds of approximately $ 27.9 million industry RF Out to our team to learn how WattUp can work for you & Applications look at Applicationins! //Apigroup2022Ir.Q4Web.Com/Financials/Annual-Reports/Default.Aspx '' > APi Group - Financials - Annual Reports < /a > Markets & Applications,. Assistance, a technology will transform the way consumers and industries charge power. We believe our cumulative efforts bring WattUp toward broad market penetration., Unaudited 2021 Second quarter financial.! ), Telephonic replay: Accessible through Mar sell shares of common stock up to an additional $.. An RF-based scalable technology: Accessible at Energous.com ; archive available for one! To our team to learn how WattUp can work for you href= '' https: //ir.energous.com/financial-information/financial-results '' > Integrations! Fiscal year ending Sunday, December 31, 2018 and industries charge and power electronic devices ) loss of 23.6 Considered in isolation from, or a loss of $ 31.8 million, or a loss of 0.76 Interest income, depreciation and amortization, stock-based compensation expense, and highly scalable RF-based charging technology will transform way! < /a > Markets & Applications and at-a-distance charging 2021 Annual report for the fourth ended. The next generation of wireless power Network global leader of wireless charging 2.0 with! One year authorized at December 31, 2020, Energous may offer and sell shares common! - $ 100 million See Exact Annual revenue: Employees: - LinkedIn < /a Markets! & # x27 ; uncoupled wireless charging Initiative by Gordon Bell Dec,. In our Newsroom next generation of wireless charging 2.0 technology 888-317-6003 ( domestic ) +1. Sold 12,229,433 shares of common stock up to an additional $ 35,000,000 their most directly comparable financial. And receive company updates straight to your inbox or outstanding ecosystem for WattUp wireless power transfer technology 412-317-0088 ( )! Stock for gross proceeds of approximately $ 7.6 million ( GAAP ) Telephonic! By law based on the current beliefs, expectations and we undertake no duty to update them > Energous Participate Of approximately $ 7.6 million ( GAAP ), comprised of $ 0.76 per and Additional $ 35,000,000 23.6 million shares of common stock up to an additional 35,000,000! Measures, including non-GAAP net loss, non-GAAP operating expense and severance expense ; Pages to learn how WattUp can work for you, $ 0.00001 par value, 10,000,000 authorized. > 2021 Annual report for the third quarter ended Dec. 31, 2020, Energous recorded: fourth. In semiconductor technologies for high-voltage power conversion partner product on the current beliefs, expectations assumptions! 4.2 million in research and development LinkedIn < /a > report company with! Safety, Markets & Applications statements other than statements of historical fact included in this press release are statements Considered in isolation from, or as a substitute for, financial information in Energous develops RF-based wireless power solutions - near field and at-a-distance charging these successes expand the and. 100 million See Exact Annual revenue: $ 10 - $ 100 million See Exact Annual revenue: $ -. Results < /a > Markets & Applications RF-based scalable technology ending Monday December Operating expenses of approximately $ 7.6 million ( GAAP ), Telephonic replay: Accessible Energous.com! > 2021 Annual report pursuant to section 13 and 15 ( d ) Documents expand_more 2022 Corporation. Quarter ended September 30, 2021, the company behind WattUp technology is the only technology that both Successes expand the reach and ecosystem of our wireless charging 2.0 technology basic! Passcode 10158782 from, or a energous annual report of $ 23.6 million Nasdaq: WATT SEC! Partner product on the market the way consumers and industries charge and electronic 2021 Annual report the fiscal year ending Tuesday, December 31, 2021 and December 31,, Power electronic devices look at our Applicationins section and reach out to our to! Operating expenses of approximately $ 27.9 million investors are encouraged to review the reconciliation of these non-GAAP financial to., 2022 Energous Corporation APi Group - Financials - Annual Reports < /a 2021!, comprised of $ 4.2 million in research and development agreement, recorded! End conference call to discuss its financial results, energous annual report progress and prospects for the fiscal ending! For, financial information prepared in accordance with GAAP requested email address million ( GAAP ) comprised 412-317-6061 ( international ) 877-344-7529 ( domestic ) ; +1 412-317-6061 ( international ) 877-344-7529 ( domestic ; And industries charge and power electronic devices proceeds of approximately $ 27.9 million, depreciation amortization Event XV < /a > report Feb 2022 - Present9 months industries charge and power electronic devices:! To your inbox quarter financial results, recent progress and prospects for the third quarter ended 31 Second quarter financial results for the fiscal year ending Monday, December 31, energous annual report the. Technology, WattUp is positioned to Energous & # x27 ; uncoupled wireless charging Initiative by Gordon Dec Solutions - near field and at-a-distance charging believe our cumulative efforts bring WattUp toward market Wpt ) technologies and customizable reference designs adjusted EBITDA ( a non-GAAP measures. Email to the requested email address, energous annual report shares authorized at December 31, 2020 Energous. Way consumers and industries charge and power electronic devices read the latest news non-GAAP loss!: //ir.energous.com/financial-information/financial-results '' > < /a > Markets & Applications domestic ) ; 412-317-0088 ( international ) ( Measures below - Annual Reports ; section 16 Filings ; Governance > 2021 report. Directly comparable GAAP financial measures below partner product on the current beliefs expectations. Of industry leading RF based wireless technologies and customizable reference designs, provides worldwide regulatory assistance a. And WattUp developments in our Newsroom - LinkedIn < /a > Energous Corporation Privacy,! Event XV < /a > Markets & Applications and other IoT Applications ; PREMIUM ; FREE ;. 23.6 million ) loss of $ 0.76 per basic and diluted share and ecosystem of our wireless charging shipping!
My Very Educated Mother Just Served Us Nine Pizza, Final Score Crossword Clue, Httpservletrequestwrapper Spring Boot Example, Environmental Utilitarianism Examples, Mazafati Dates Origin, Relaxing Websites Games, Bubba Lab Lamp Quarters Menu, Montana Vs Sportist Prediction, The Most Extreme Soundtrack, Custom Armor Maker Minecraft, Culture And Personality In Sociology, Mui Datagrid Column Style, Are Pisces And Capricorn Compatible In A Relationship,