Company Quick10K Filing
Energous
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-03-13
10-Q 2019-09-30 Filed 2019-11-12
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-02-28
10-Q 2018-09-30 Filed 2018-11-09
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-16
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-10
10-K 2016-12-31 Filed 2017-03-16
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-09
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-15
10-Q 2015-09-30 Filed 2015-11-12
10-Q 2015-06-30 Filed 2015-08-13
10-Q 2015-03-31 Filed 2015-05-13
10-K 2014-12-31 Filed 2015-03-30
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-13
10-Q 2014-03-31 Filed 2014-05-14
8-K 2020-05-06 Earnings, Exhibits
8-K 2020-04-21 Regulation FD, Exhibits
8-K 2020-02-26 Earnings, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-10-11 Enter Agreement, Earnings, Regulation FD, Exhibits
8-K 2019-08-28 Officers
8-K 2019-08-15 Officers
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-30 Earnings, Exhibits
8-K 2019-03-28 Officers
8-K 2019-03-28 Officers
8-K 2019-02-27 Earnings, Exhibits
8-K 2019-02-27 Enter Agreement, Other Events, Exhibits
8-K 2018-10-30 Earnings, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-05-16 Officers, Shareholder Vote, Exhibits
8-K 2018-05-01 Earnings, Exhibits
8-K 2018-03-21 Officers
8-K 2018-02-15 Earnings, Exhibits
8-K 2018-01-11 Enter Agreement, Earnings, Exhibits
8-K 2018-01-10 Officers, Exhibits

Energous Financials

WATT Metrics, Comps, Filings

Quarterly | Annual

Business

We have developed our WattUp® wireless power technology, consisting of proprietary semiconductor chipsets, software controls, hardware designs and antennas, that enables radio frequency ("RF") based charging for electronic devices. The WattUp technology has a broad spectrum of capabilities, including contact-based wireless charging and wireless charging at various distances, and in some use cases mobility charging. In November 2016 we entered into a Strategic Alliance Agreement with Dialog Semiconductor plc ("Dialog"), an industry leader in Bluetooth low energy semiconductors and power management semiconductors. In conjunction with the Strategic Alliance Agreement, Dialog manufactures and is the exclusive distributor of integrated circuit ("IC") products of our design and provides sales and logistic support on a global basis. We believe our proprietary WattUp technology can be utilized in consumer electronics such as wearables, hearing aids, earbuds, Bluetooth headsets, Internet of Things ("IoT") devices, smartphones, tablets, smartwatches, fitness bands, keyboards, mice, remote controls, rechargeable lights, batteries, medical devices, and other devices with charging requirements that would otherwise require battery replacement or an external power connection.

We believe our technology is innovative in its approach, in that we are developing solutions that charge electronic devices by surrounding them with a focused RF energy pocket. We are engineering solutions that we expect to enable the wire-free transmission of energy, initially for contact-based charging applications, and potentially for non-contact charging at distances up to approximately three feet, and even low-power charging at up to 15 feet. For non-contact applications, our transmitter technology is able to mesh into a wire-free charging network that will allow users to charge their devices as they move about some space. To date, we have developed multiple transmitter prototypes and multiple receiver prototypes. The transmitters vary in terms of their form factor, power specification, and frequency. The receivers can be used in a variety of applications, such as smartphone battery cases, toys, fitness trackers, Bluetooth headsets, tracking devices, and stand-alone receivers. We are engaged in pre-

production and initial production activity with several consumer electronic, medical device and industrial companies to introduce our contact-based near field transmitters and receivers in products going to market in 2019. We are also in discussion with potential customers in the consumer and industrial spaces that are considering our solutions for low power distance charging for products that could enter the market in 2019.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Gilat Satellite Networks (GILT) 479,473 0% 394,747 155,675 0 0 0 0 383,367
Maxar Technologies (MAXR) 462,600 0% -5.4 -18% 5,042,000 4,340,000 1,969,000 0 -889,000 -649,000 3,536,600
Calamp (CAMP) 346,653 40% 20.1 -1% 562,411 371,758 358,542 142,147 -5,367 25,728 517,785
Ceragon Networks (CRNT) 289,247 0% 283,000 123,432 0 0 0 0 253,666
KVH Industries (KVHI) 193,293 0% 4.4 17% 204,182 52,515 118,518 0 34,831 41,683 184,050
Airgain (AIRG) 143,884 45% 41.3 4% 55,140 7,521 59,273 26,396 2,138 3,171 131,013
PC Tel (PCTI) 138,861 43% -19.9 -8% 87,867 16,389 88,959 38,696 -7,183 -5,059 100,795
SeaChange (SEAC) 113,256 62% -15.7 -12% 72,539 23,475 47,841 29,488 -8,878 -6,848 107,369
Energous (WATT) 102,405 0% -2.0 -157% 26,479 5,201 211 0 -41,461 -40,808 79,605
Pointer Telocation (PNTR) 97,205 0% 90,084 23,948 0 0 0 0 93,694
Aviat Networks (AVNW) 78,084 35% 6.6 5% 176,333 106,359 241,968 83,901 8,178 6,574 43,344
Vuzix (VUZI) 77,190 4% -3.0 -62% 36,350 2,757 6,697 260 -22,456 -20,661 61,549
BK Technologies (BKTI) 45,558 40% -70.0 -3% 40,869 15,852 32,743 13,244 -1,327 -530 37,081
Digital Ally (DGLY) 14,779 41% -2.2 -57% 11,601 14,959 8,021 3,321 -6,579 -6,249 13,506
Technical Communications (TCCO) 4,811 48% 4.9 22% 2,917 698 7,024 3,358 631 659 3,218
Superconductor Technologies (SCON) 3,687 0% -0.5 -351% 2,082 1,147 157 0 -7,301 -6,618 3,412
Blonder Tongue (BDR) 7 31% -0.1 17% 18,503 7,486 14,797 4,627 3,100 3,100 -287
Ubiquiti (UI)
Sierra Wireless (SWIR)
Ericsson Lm Telephone (ERIC) 0% 268,761,000 0 0 0 0 -35,900,000

Balance Sheet ($'000)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash73022,94518,42031,49526,50120,50815,51029,87323,71114,19124,95631,25921,44713,08420,22412,79544,85837,07628,55220,10636,12929,20822,800
Accounts Receivable2,000306251502522502502520620945674886
Inventory
PP&E2225491,4811,8721,5341,6141,6302,9051,6591,6821,9604,3421,9591,9441,7244,8511,3531,3881,1555,6641,145915751
Assets1,58723,85220,40833,82929,24723,15920,06832,67626,36717,03029,03535,25924,55216,31523,10915,40547,04039,38930,64622,01038,12130,78126,479
Accounts Payable7526371,4891,7161,8078171,7752,3254,4373,2563,2744,7082,9542,3782,1702,0251,9042,3861,8201,8611,8551,3271,305
Long-Term Debt5,786
Liabilities37,4507881,9452,5083,0251,9372,7623,4015,6514,6995,1796,7084,6634,0533,8583,6474,0874,2203,7533,6404,0453,5665,201
Stockholders' Equity-35,86323,06318,46231,32126,22221,22217,30629,27520,71612,33023,85628,55119,88912,26219,25111,75942,95335,17026,89318,37034,07527,21521,278
Income Statement ($'000)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue2002252,07501361821,004130575300250292520622856664840
Cost of Revenue
Gross Profit
R&D9291,5563,6996,3274,1463,7804,7595,8177,6747,4627,9449,7528,3539,1018,7437,4428,7227,6408,4436,8015,5155,190
SG&A1,0911,9392,1312,7022,9862,5952,9253,0713,2633,0073,1884,9934,6986,0404,2583,8264,7534,8704,4374,3614,4793,153
Tax
Net Income-31,010279-5,848-9,024-6,925-6,147-5,606-8,884-10,797-10,285-10,125-14,611-12,473-12,919-12,748-11,236-13,443-12,298-12,645-12,453-11,019-9,804-8,184
Cash Flow ($'000)2014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-1,247-3,179-4,064-7,115-4,784-5,716-4,960-4,546-6,326-9,621-8,493-8,623-10,008-8,948-7,543-7,728-7,643-9,027-7,369-7,055-6,545
Cash Investing-28-327-461-804-210-303-220-300-120-205-533-279-77-340-300-239-310-13-161-12-11
Cash Financing5125,722020,99402718219,20828430719,79015,20427392641440,02917251623,553145148