Energous Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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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.
FY2024 · Filed Feb 27, 2025
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, 2024 and 2023
BALANCE SHEETS
(in thousands, except share and per share amounts)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · As of | ||||||
| · · December 31, · · December 31, | ||||||
| · 2024 · 2023 | ||||||
| ASSETS · · · · | ||||||
| Current assets: · · | ||||||
| Cash and cash equivalents | | $1,353 | | $13,876 | ||
| Restricted cash | | | — | | | 60 |
| Accounts receivable, net of allowance for credit losses of $0 and $53 as of December 31, 2024 and 2023, respectively | | 78 | | 102 | ||
| Inventory | | 498 | | 430 | ||
| Prepaid expenses and other current assets | | 983 | | 539 | ||
| Total current assets | | 2,912 | | 15,007 | ||
| Property and equipment, net | | 356 | | 429 | ||
| Operating lease right-of-use assets | | 527 | | 1,240 | ||
| Total assets | | $3,795 | | $16,676 | ||
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | | | ||||
| Current liabilities: | | | ||||
| Accounts payable | | $1,852 | | $1,879 | ||
| Accrued expenses | | 1,135 | | 1,254 | ||
| Accrued severance expense | | 28 | | 134 | ||
| Warrant liability | | 358 | | 620 | ||
| Operating lease liabilities, current portion | | 668 | | 707 | ||
| Short-term debt, net | | | 818 | | | — |
| Deferred revenue | | 13 | | 27 | ||
| Total current liabilities | | 4,872 | | 4,621 | ||
| | | | | | | |
| Operating lease liabilities, long-term portion | | — | | 557 | ||
| Total liabilities | | 4,872 | | 5,178 | ||
| | | | | | | |
| Commitments and contingencies (Note 8) | | | ||||
| Stockholders’ equity (deficit): | | | ||||
| Preferred Stock, $0.00001 par value, 10,000,000 shares authorized as of December 31, 2024 and December 31, 2023; no shares issued or outstanding as of December 31, 2024 and December 31, 2023. | | — | | — | ||
| Common Stock, $0.00001 par value, 200,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 13,575,907 and 5,471,121 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively. | | 1 | | 1 | ||
| Additional paid-in capital | | 399,362 | | 393,539 | ||
| Accumulated deficit | | (400,440) | | (382,042) | ||
| Total stockholders’ equity (deficit) | | (1,077) | | 11,498 | ||
| Total liabilities and stockholders’ equity (deficit) | | $3,795 | | $16,676 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.