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home / news releases / WATT - Energous Starts Generating A Small Amount Of Product Revenue

WATT - Energous Starts Generating A Small Amount Of Product Revenue

Energous Corporation

Summary

  • Energous has finally started shipping measurable quantities of product, around 10 years after it was founded.
  • Product revenues remain quite limited though, estimated at around $0.1 million for the first half of 2022.
  • Product margins also appear to be highly negative due to the limited volumes at the moment.
  • Cash burn for the first half of 2022 was $13.4 million, slightly higher than my expectations.

For further details see:

Energous Starts Generating A Small Amount Of Product Revenue
Stock Information
Company Name: Energous Corporation
Stock Symbol: WATT
Market: NASDAQ
Website: energous.com
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