Loading...
•
Jun 30, 2021
Energous Q2 2021 Earnings Report
Announced financial results for the second quarter ended June 30, 2021 and provided an update on its operational progress.
Key Takeaways
Energous Corporation reported revenue of $184,960 for the second quarter ended June 30, 2021. The company's net loss was $11.0 million, or $0.18 per basic and diluted share. Cash and cash equivalents totaled $38.23 million at the end of the quarter.
Launched active energy harvesting developer kit supporting over-the-air wireless charging, including a 5.5 watt transmitter
Achieved industry first interoperability energy harvesting with Atmosic, advancing development of wireless charging applications
Assembled partners to lead an ecosystem for active harvesting
Continue making worldwide progress in regulatory certification of 900 MHz technology, and now have four customers with FCC Approval for near field