Energous Corp
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 28, 2024
WATT$8.84+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31, 2023 and 2022
BALANCE SHEETS
| As of | ||
|---|---|---|
| December 31,2023 | December 31,2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $13,936,050 | $26,287,293 |
| Accounts receivable, net | 101,554 | 143,353 |
| Inventory | 429,638 | 105,821 |
| Prepaid expenses and other current assets | 539,145 | 827,551 |
| Total current assets | 15,006,387 | 27,364,018 |
| Property and equipment, net | 428,904 | 429,035 |
| Operating right-of-use lease assets | 1,240,042 | 1,959,869 |
| Total assets | $16,675,333 | $29,752,922 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,879,334 | $900,765 |
| Accrued expenses | 1,253,937 | 1,790,414 |
| Accrued severance | 133,598 | 416,516 |
| Warrant liability | 619,575 | — |
| Operating lease liabilities, current portion | 707,251 | 705,894 |
| Deferred revenue | 27,082 | 29,727 |
| Total current liabilities | 4,620,777 | 3,843,316 |
| Long-term liabilities: | ||
| Operating lease liabilities, long-term portion | 556,879 | 1,264,131 |
| Total liabilities | 5,177,656 | 5,107,447 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2023 and December 31, 2022; no shares issued or outstanding | — | — |
| Common Stock, $0.00001 par value, 200,000,000 shares authorized at December 31, 2023 and December 31, 2022; 5,471,121 and 3,947,267 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively. | 930 | 789 |
| Additional paid-in capital | 393,538,809 | 387,319,985 |
| Accumulated deficit | (382,042,062) | (362,675,299) |
| Total stockholders’ equity | 11,497,677 | 24,645,475 |
| Total liabilities and stockholders’ equity | $16,675,333 | $29,752,922 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.