Energous Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.9	1.35	13.88	26.29	49.07	50.73
Cash & Short-Term Investments	12.9	1.35	13.88	26.29	49.07	50.73
Cash Growth	788.90%	-90.25%	-47.21%	-46.43%	-3.27%	133.95%
Receivables	1.24	0.08	0.1	0.14	0.28	0.08
Inventory	1.24	0.5	0.43	0.11	-	-
Prepaid Expenses	0.26	0.62	0.36	0.83	0.87	0.64
Restricted Cash	-	-	0.06	-	-	-
Other Current Assets	0.94	0.36	0.18	-	-	-
Total Current Assets	16.58	2.91	15.01	27.36	50.23	51.44
Property, Plant & Equipment	1.26	0.88	1.67	2.39	1.13	1.7
Other Long-Term Assets	-	-	-	-	0.01	0
Total Assets	17.84	3.8	16.68	29.75	51.37	53.14
Accounts Payable	1.28	1.85	1.88	0.9	1.21	1.1
Accrued Expenses	1.51	1.16	1.39	2.21	2.5	1.58
Short-Term Debt	0.14	0.82	-	-	-	-
Current Portion of Leases	0.46	0.67	0.71	0.71	0.63	0.83
Current Unearned Revenue	0.02	0.01	0.03	0.03	0.01	0.01
Other Current Liabilities	-	0.36	0.62	-	-	-
Total Current Liabilities	3.4	4.87	4.62	3.84	4.35	3.51
Long-Term Leases	0.72	-	0.56	1.26	0.04	0.58
Total Liabilities	4.11	4.87	5.18	5.11	4.39	4.09
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	422.43	399.36	393.54	387.32	383.38	344.02
Retained Earnings	-408.71	-400.44	-382.04	-362.68	-336.4	-294.97
Shareholders' Equity	13.73	-1.08	11.5	24.65	46.98	49.05
Total Liabilities & Equity	17.84	3.8	16.68	29.75	51.37	53.14
Total Debt	1.31	1.49	1.26	1.97	0.67	1.4
Net Cash (Debt)	11.59	-0.13	12.61	24.32	48.4	49.33
Net Cash Growth	1594.30%	-	-48.14%	-49.76%	-1.88%	152.19%
Net Cash Per Share	11.41	-0.56	81.13	188.30	447.30	710.77
Filing Date Shares Outstanding	2.18	1.01	0.2	0.15	0.13	0.1
Total Common Shares Outstanding	1.82	0.45	0.18	0.13	0.13	0.1
Working Capital	13.18	-1.96	10.39	23.52	45.88	47.93
Book Value Per Share	7.52	-2.38	63.05	187.31	367.70	480.18
Tangible Book Value	13.73	-1.08	11.5	24.65	46.98	49.05
Tangible Book Value Per Share	7.52	-2.38	63.05	187.31	367.70	480.18
Machinery	1.85	2.75	2.77	2.63	2.7	2.52
Leasehold Improvements	0.42	0.78	0.78	0.78	0.78	0.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.