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home / news releases / WATT - Energous: Accumulated Deficit Approaches $300 Million

WATT - Energous: Accumulated Deficit Approaches $300 Million

Energous Corporation
  • Energous finished another year with minimal ($0.3 million) revenues.
  • It has also increased its share count to 61.3 million, up from 12.8 million in March 2015.
  • Energous does have over $50 million in cash on hand now, enough to cover a bit over two years of cash burn.
  • Commercial success remains elusive and Energous is now trading at over 750 times 2020 revenues.
  • Accumulated deficit has reached approximately $295 million.

For further details see:

Energous: Accumulated Deficit Approaches $300 Million
Stock Information
Company Name: Energous Corporation
Stock Symbol: WATT
Market: NASDAQ
Website: energous.com
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