I casually followed Energous (WATT) before, and in some ways, not much has changed. Energous still isn't delivering meaningful revenues and is still talking about revenues ramping up sometime in the future. What has changed is its share price though, which has fallen to a bit over $2. This has the implication of significantly increased dilution if Energous attempts to continue funding its operations through stock sales.
The Promise Of Revenues
Energous has a lengthy history of predicting a revenue ramp up that has failed to materialize.
In Q2 2015, Energous mentioned