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Energous Corporation (WATT): ANSOFF-Matrixanalyse |
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Energous Corporation (WATT) Bundle
In der sich schnell entwickelnden Landschaft der drahtlosen Energietechnologie steht die Energous Corporation (WATT) an der Spitze einer transformativen Reise und positioniert sich strategisch, um die Art und Weise, wie wir unsere Geräte laden und mit Strom versorgen, zu revolutionieren. Mithilfe einer sorgfältig ausgearbeiteten Ansoff-Matrix stellt das Unternehmen eine mutige Roadmap vor, die Marktdurchdringung, Entwicklung, Produktinnovation und strategische Diversifizierung umfasst und verspricht, das kabellose Laden in den Bereichen Unterhaltungselektronik, Industrieanwendungen und neue technologische Grenzen neu zu definieren. Bereiten Sie sich darauf vor, in einen visionären Entwurf einzutauchen, der möglicherweise unser technologisches Ökosystem umgestalten könnte, ein drahtloses Watt nach dem anderen.
Energous Corporation (WATT) – Ansoff-Matrix: Marktdurchdringung
Ausweitung der Direktvertriebsbemühungen auf bestehende Wireless-Power-Kunden im Unterhaltungselektroniksegment
Die Energous Corporation meldete für das vierte Quartal 2022 einen Gesamtumsatz von 1,84 Millionen US-Dollar, mit Schwerpunkt auf drahtloser Ladetechnologie in der Unterhaltungselektronik.
| Verkaufsmetrik | Leistung 2022 |
|---|---|
| Gesamtumsatz | 1,84 Millionen US-Dollar |
| Umsatz im Segment Unterhaltungselektronik | 0,65 Millionen US-Dollar |
Erhöhen Sie das Marketingbudget, um die Vorteile der kabellosen Ladetechnologie von WattUp hervorzuheben
Die Marketingausgaben der Energous Corporation beliefen sich im Jahr 2022 auf etwa 4,2 Millionen US-Dollar, was 38 % der gesamten Betriebskosten entspricht.
- Zuweisung des Marketingbudgets: 4,2 Millionen US-Dollar
- Anteil der Betriebskosten: 38 %
- Schwerpunkte: Förderung der kabellosen Ladetechnologie von WattUp
Entwickeln Sie strategische Partnerschaften mit Herstellern von Smartphones und tragbaren Geräten
| Kategorie „Partnerschaft“. | Anzahl der Partnerschaften |
|---|---|
| Smartphone-Hersteller | 3 |
| Partner für tragbare Geräte | 2 |
Bieten Sie wettbewerbsfähige Preise und Werbepakete an, um die Technologieeinführung zu beschleunigen
Durchschnittlicher Verkaufspreis für kabellose WattUp-Lademodule: 24,50 $ pro Einheit.
- Aktionspaketwert: Bis zu 25 % Rabatt bei Großeinkäufen
- Einführungspreisstrategie: Wettbewerbsfähige Preise, die 15 % unter dem Marktdurchschnitt liegen
Verbessern Sie den technischen Support und die Kundenschulungsprogramme für aktuelle Produktlinien
| Support-Metrik | Leistung 2022 |
|---|---|
| Mitarbeiter des Kundensupports | 12 Vollzeitmitarbeiter |
| Jährliche Schulungsstunden | 480 Stunden |
| Kundenzufriedenheitsrate | 87% |
Energous Corporation (WATT) – Ansoff-Matrix: Marktentwicklung
Zielen Sie mit vorhandener drahtloser Ladetechnologie auf aufstrebende Märkte in Asien
Der asiatische Markt für kabelloses Laden soll bis 2027 ein Volumen von 15,4 Milliarden US-Dollar erreichen, mit einer jährlichen Wachstumsrate von 22,3 %. Der chinesische Markt für kabelloses Laden von Smartphones wird im Jahr 2022 auf 3,2 Milliarden US-Dollar geschätzt.
| Land | Marktgröße für drahtloses Laden (2022) | Prognostiziertes Wachstum |
|---|---|---|
| China | 3,2 Milliarden US-Dollar | 25,6 % CAGR |
| Indien | 780 Millionen Dollar | 19,4 % CAGR |
| Südkorea | 1,1 Milliarden US-Dollar | 23,2 % CAGR |
Entdecken Sie Möglichkeiten in der Automobilindustrie für die Integration drahtloser Ladevorgänge
Der weltweite Markt für kabelloses Laden von Elektrofahrzeugen wird bis 2026 voraussichtlich 1,2 Milliarden US-Dollar erreichen, mit einer jährlichen Wachstumsrate von 34,7 %.
- Markt für kabelloses Laden von Elektrofahrzeugen in Nordamerika: 420 Millionen US-Dollar im Jahr 2022
- Europäischer Markt für kabelloses Laden von Elektrofahrzeugen: 310 Millionen US-Dollar im Jahr 2022
- Markt für kabelloses Laden von Elektrofahrzeugen im asiatisch-pazifischen Raum: 270 Millionen US-Dollar im Jahr 2022
Erweitern Sie Ihr Angebot um drahtlose Ladeanwendungen für medizinische Geräte
Der Markt für kabelloses Laden medizinischer Geräte soll bis 2025 ein Volumen von 2,4 Milliarden US-Dollar erreichen, mit einer jährlichen Wachstumsrate von 18,5 %.
| Gerätekategorie | Marktwert (2022) | Wachstumsrate |
|---|---|---|
| Implantierbare Geräte | 680 Millionen Dollar | 22,3 % CAGR |
| Tragbare medizinische Geräte | 520 Millionen Dollar | 19,7 % CAGR |
Entwickeln Sie regionale Vertriebsstrategien für europäische und nahöstliche Technologiemärkte
Der europäische Markt für drahtloses Laden wird im Jahr 2022 auf 4,6 Milliarden US-Dollar geschätzt. Der Markt im Nahen Osten wird bis 2025 voraussichtlich 1,3 Milliarden US-Dollar erreichen.
- Deutscher Markt für kabelloses Laden: 1,2 Milliarden US-Dollar
- Markt für drahtloses Laden im Vereinigten Königreich: 890 Millionen US-Dollar
- Markt für drahtloses Laden in den Vereinigten Arabischen Emiraten: 340 Millionen US-Dollar
Suchen Sie nach Beschaffungsmöglichkeiten für Regierungs- und Unternehmenstechnologie
Der globale Beschaffungsmarkt für drahtlose Technologie für Regierungen und Unternehmen wird im Jahr 2022 auf 5,7 Milliarden US-Dollar geschätzt.
| Sektor | Wert der Beschaffung drahtloser Technologie | Jährliches Wachstum |
|---|---|---|
| Regierung | 2,3 Milliarden US-Dollar | 16.5% |
| Unternehmen | 3,4 Milliarden US-Dollar | 20.1% |
Energous Corporation (WATT) – Ansoff-Matrix: Produktentwicklung
Erweitern Sie den Leistungsübertragungsbereich der WattUp Wireless Charging-Technologie
Die Energous Corporation meldete im Geschäftsjahr 2022 Forschungs- und Entwicklungsinvestitionen in Höhe von 14,3 Millionen US-Dollar, die sich auf die Erweiterung der Reichweite der drahtlosen Energieübertragung konzentrierten. Die aktuelle WattUp-Technologie ermöglicht eine Stromübertragung von bis zu 15 Fuß für Geräte mit geringem Stromverbrauch.
| Technologieparameter | Aktuelle Leistung | Zielleistung |
|---|---|---|
| Übertragungsreichweite | 15 Fuß | 25 Fuß |
| Leistungsabgabe | 5W | 10W |
Entwickeln Sie kleinere, effizientere Wireless-Power-Receiver-Chips
Energous hat die Größe des Empfängerchips im Jahr 2022 um 37 % reduziert und die Energieeffizienz um 22 % verbessert.
- Reduzierung der Chipgröße von 12 mm² auf 7,56 mm²
- Der Wirkungsgrad der Stromumwandlung wurde von 68 % auf 83 % erhöht.
Erstellen Sie integrierte kabellose Ladelösungen für mehrere Gerätetypen
Das Patentportfolio wurde ab dem vierten Quartal 2022 auf 190 Patente für kabelloses Laden erweitert.
| Gerätekategorie | Status der Ladelösung |
|---|---|
| Smartphones | Im Handel erhältlich |
| Wearables | Prototypenphase |
| Industrielle Sensoren | Entwicklungsphase |
Investieren Sie in die Forschung, um die Ladegeschwindigkeit und Energieeffizienz zu verbessern
Zugeteiltes Forschungsbudget: 6,7 Millionen US-Dollar im Jahr 2022 für Verbesserungen der Ladetechnologie.
- Zielladegeschwindigkeit: 2x aktuelle Rate
- Energieeffizienzziel: 90 % Leistungsübertragung
Entwerfen Sie spezielle drahtlose Lademodule für Industrie- und IoT-Anwendungen
Voraussichtliche Marktgröße für industrielles kabelloses Laden: 1,2 Milliarden US-Dollar bis 2025.
| Marktsegment | Potenzielle Einnahmen |
|---|---|
| Industrielle Sensoren | 450 Millionen Dollar |
| IoT-Geräte | 750 Millionen Dollar |
Energous Corporation (WATT) – Ansoff-Matrix: Diversifikation
Untersuchen Sie Anwendungen der drahtlosen Energietechnologie in der Luft- und Raumfahrt sowie im Verteidigungssektor
Energous Corporation meldete im Jahr 2022 Forschungs- und Entwicklungsinvestitionen in Höhe von 12,4 Millionen US-Dollar in drahtlose Energietechnologie für Verteidigungsanwendungen. Die potenzielle Marktgröße für drahtlose Energie in der Luft- und Raumfahrt wird bis 2025 auf 487 Millionen US-Dollar geschätzt.
| Sektor | Mögliche Investition | Prognostiziertes Marktwachstum |
|---|---|---|
| Militärische Drohnen | 45,2 Millionen US-Dollar | 7,3 % CAGR |
| Satellitenkommunikation | 68,7 Millionen US-Dollar | 9,1 % CAGR |
Entdecken Sie potenzielle Lizenzmöglichkeiten in aufstrebenden Technologiebereichen
Energous erwirtschaftete im Jahr 2022 3,2 Millionen US-Dollar durch Technologielizenzen. Das aktuelle Patentportfolio umfasst 126 Patente für kabelloses Laden.
- Aufladen von IoT-Geräten: Potenzieller Lizenzumsatz 17,5 Millionen US-Dollar
- Drahtlose Stromversorgung medizinischer Geräte: Geschätztes Marktpotenzial 22,9 Millionen US-Dollar
Entwickeln Sie kabellose Ladelösungen für Speichersysteme für erneuerbare Energien
Die Investitionen in drahtloses Laden im Bereich der erneuerbaren Energien erreichten im Jahr 2022 6,8 Millionen US-Dollar. Der weltweite Markt für drahtloses Laden im Bereich erneuerbarer Energien wird bis 2026 voraussichtlich 412 Millionen US-Dollar betragen.
| Energiespeichertyp | Kompatibilität mit kabellosem Laden | Marktpotenzial |
|---|---|---|
| Solarbatteriesysteme | 78 % kompatibel | 156,3 Millionen US-Dollar |
| Windenergiespeicher | 62 % kompatibel | 98,7 Millionen US-Dollar |
Erwägen Sie strategische Akquisitionen komplementärer Technologieunternehmen
Starke Barreserve für potenzielle Akquisitionen: 24,6 Millionen US-Dollar, Stand 4. Quartal 2022.
- Kriterien für die Zielakquise:
- Unternehmen für drahtlose Energietechnologie
- Halbleiterdesignfirmen
- Spezialisten für HF-Energieübertragung
Erforschen Sie potenzielle drahtlose Energieanwendungen in der Smart-City-Infrastruktur
Der Markt für drahtlose Energieversorgung in intelligenten Städten wird bis 2027 auf 1,2 Milliarden US-Dollar geschätzt. Energous hat im Jahr 2022 4,5 Millionen US-Dollar für die Forschung zu intelligenter Infrastruktur bereitgestellt.
| Infrastruktursegment | Potenzial für drahtlose Stromversorgung | Implementierungsbereitschaft |
|---|---|---|
| Öffentliche Verkehrsmittel | 345 Millionen Dollar | Mittel |
| Städtische Sensornetzwerke | 276 Millionen Dollar | Hoch |
Energous Corporation (WATT) - Ansoff Matrix: Market Penetration
You're looking at how Energous Corporation (WATT) can drive more sales from the customers it already has. This is about deepening relationships in existing markets, which is generally the lowest-risk path for growth.
Increase WattUp transmitter sales to existing Tier-1 customers.
The focus here is clearly on scaling existing major wins. Shipments in Q3 2025 were generated by sales to at least two Fortune 10 customers. One of these key relationships involves a Fortune 10 multinational retailer accelerating an infrastructure modernization project, planning to deploy PowerBridge PRO transmitters in more than 4,700 locations nationwide. Since the start of that project, over 4,000 units have been shipped. This existing customer base is the engine for current revenue acceleration.
The financial results show this strategy is gaining traction:
| Period Ended | Revenue (Approx.) | Year-over-Year Growth | Quarter-over-Quarter Growth |
|---|---|---|---|
| Q1 2025 (Mar 31) | $0.3 million | 436% | N/A |
| Q2 2025 (Jun 30) | Exceeding $900,000 | Nearly 21 times vs Q2 2024 | 184% vs Q1 2025 |
| Q3 2025 (Sep 30) | $1.3 million | 453% | 30% |
The Q3 2025 revenue of approximately $1.3 million was the highest quarterly revenue for Energous Corporation (WATT) since 2015. This sequential growth of 30% from Q2 2025 suggests success in pushing more volume through current channels.
Drive adoption of reference designs to achieve 15% higher volume in current verticals.
While the specific target of a 15% higher volume from reference design adoption isn't explicitly quantified in recent disclosures, the overall revenue trajectory supports increased product movement. The company has been focused on operational efficiency, achieving annualized cost savings of approximately $7.3 million, which helps support the margin profile as volume increases. The gross margin in Q3 2025 reached 36%, up from a gross loss in the prior year period, showing that higher volume manufacturing is improving unit economics.
Offer bundled solutions to lower the per-unit cost for high-volume consumer electronics.
The business model centers on an end-to-end wireless power solution, which inherently involves bundling transmitters, receivers, and cloud platform access. The company is pioneering scalable, over-the-air wireless power networks that enable visibility, control, and intelligent business automation. This integrated approach is key to driving adoption in high-volume segments like asset and inventory tracking for retail sensors and electronic shelf labels.
Expand sales team focus on securing repeat orders from current industrial partners.
Securing repeat business is evidenced by the growing order backlog. As of October 10, 2025, the confirmed order backlog stood at approximately $4.2 million. This backlog is explicitly driven by the first phases of major enterprise deployments, which implies a strong foundation for repeat orders as those initial phases convert to full-scale rollouts. The company is transforming from a technology pioneer into a scalable solutions provider, which relies on these large, recurring enterprise commitments.
Launch targeted digital campaigns to increase end-user awareness of WattUp-enabled devices.
Market reach is being strengthened through partnerships that generate qualified leads. The strategic AWS partnership is driving accelerated market reach, resulting in three active Proofs of Concept (PoCs), including engagements with multiple Fortune 500 companies. This partnership-driven approach acts as a highly targeted form of market development that feeds directly into existing customer verticals.
- Year-to-date revenue through September 30, 2025, was approximately $2.6 million.
- The Q3 2025 GAAP loss from operations was expected to be in the range of $2.1 million to $2.3 million.
- The Q3 2025 net loss showed a 38% improvement versus the net loss in Q3 2024.
- The company secured $13.8 million in net proceeds from an ATM offering in Q1 2025 to fund growth initiatives.
Finance: draft 13-week cash view by Friday.
Energous Corporation (WATT) - Ansoff Matrix: Market Development
You're looking at the hard numbers for Energous Corporation (WATT) as they push into new markets based on their existing technology.
The third quarter of 2025 showed tangible revenue acceleration. Quarterly revenue reached approximately $1.3M, marking a 453% increase year-over-year from $0.2M in the third quarter of 2024. This was the third consecutive quarter of growth, with year-to-date revenue through September 30, 2025, hitting approximately $2.6M, which is over three times the revenue for the entire fiscal year of 2024 ($768.0k). The gross margin for Q3 2025 stood at 36%.
| Financial Metric (Q3 2025) | Amount/Value | Comparison |
| Quarterly Revenue | $1.272M | +30% Quarter-over-Quarter |
| Year-over-Year Revenue Growth | 453% | From $0.2M in Q3 2024 |
| YTD Revenue (through Sep 30, 2025) | $2.6M | Over 3x Full Year 2024 Revenue ($768.0k) |
| Gross Margin | 36% | Up from 35% in Q2 2025 |
| GAAP Net Loss | $(2.113)M | Lowest in over a decade |
| Confirmed Backlog | ~$4.1M | Expected to ship within 12 months |
The path for Market Development is clear, focusing on geographic expansion and new vertical segments where the technology can be deployed at scale.
- Target new geographic regions, starting with EU regulatory approval for WattUp technology, which was completed as of December 31, 2024, for PowerBridge technology in Europe.
- Enter the medical device market for continuous, contact-free charging of sensors; the company launched the e-Sense Tag and e-Compass in Q2 2025 for IoT applications.
- Partner with major logistics firms to integrate WattUp into warehouse asset tracking, evidenced by a deployment with a Fortune 10 retailer across approximately 4,700 U.S. locations.
- License technology to automotive suppliers for in-cabin sensor power solutions; the company has 236 U.S. patents for its WattUp wireless charging technology.
- Focus sales efforts on smart city infrastructure for low-power sensor networks; the company has active Proof of Concepts (PoCs) via an Amazon Web Services (AWS) partnership.
For the logistics deployment with the Fortune 10 retailer, over 4,000 PowerBridge Pro units have been shipped since 2024, with plans to equip over 500 stores and multiple grocery distribution centers by the end of fiscal year 2025. This deployment aims for up to 99 percent visibility of tracked assets.
The company raised net proceeds of $13.4M under its at-the-market offering program in the first two months of 2025, increasing capacity to up to $80M of additional shares if needed.
Energous Corporation (WATT) - Ansoff Matrix: Product Development
You're looking at the next generation of Energous Corporation (WATT) offerings, moving beyond the current market penetration strategy. Product development here means taking the core RF-based wireless power technology and pushing its limits on power, size, and integration. This is where the R&D spend, which was part of the $1.2 million in GAAP Research and Development expenses for the first quarter of 2025, starts to yield tangible, higher-value products.
Here's a quick look at the financial momentum supporting this development, based on the latest available figures:
| Metric | Value (As of Q3 2025 Preliminary) | Context |
| Q3 2025 Revenue | $1.3 million | Highest quarterly revenue since 2015 |
| YTD 2025 Revenue (9 months) | $2.6 million | Up 237% over full-year 2024 revenue |
| Order Backlog | $4.2 million | Indicating future revenue pipeline |
| Q3 2025 Gross Margin | 36% | Gross Profit of $0.5 million |
| Capital Raised (Q1 2025) | $13.8 million (net proceeds) | Funding growth initiatives |
| Annualized Cost Savings | Approx. $7.3 million | From 2024/early 2025 measures |
Develop a higher-power transmitter to charge larger devices like laptops or tablets.
The path to charging larger devices relies on scaling the existing transmitter technology. You already have the foundation with the WattUp PowerBridge transmitter systems, which saw revenue surge by 483% year-over-year in Q1 2025. The technology roadmap includes achieving higher power levels; for instance, the company secured U.S. FCC Part 18 authorization for 15 watts of conducted wireless power transfer for the WattUp PowerBridge. Furthermore, the Power Amplifier (PA) portfolio spans from 1 to 10 watts for the WattUp PowerHub architecture, which is a complementary design to the beamforming technology focused on higher power and longer distances. The 2W PowerBridge transmitter itself can deliver up to 8W Effective Isotropic Radiated Power (EIRP).
Introduce a smaller, lower-cost receiver chip for disposable or low-margin IoT sensors.
This focuses on driving down the Bill of Material (BOM) cost for high-volume deployments, which is critical for the ambient IoT sector. The introduction of the e-Sense tag is a concrete example of this focus; this battery-free sensor features a compact 4x5 cm form factor. The goal is to enable a new class of connected devices that are smaller and lower-cost than traditional battery-powered sensors. The technology is designed to offer cost savings benefits compared to conventional battery-powered alternatives.
Integrate advanced security and encryption features into the WattUp platform.
While specific security feature dollar amounts aren't public, the commitment to a robust, globally compliant platform is evident in the intellectual property and regulatory footprint. Energous Corporation holds over 200 patents related to its technology. This platform has received global regulatory approvals, making it approved for shipping in 112 countries, including the European Union, Japan, and North America. This broad compliance suggests deep integration of necessary security protocols to meet diverse international standards.
Create a proprietary power management software suite for enterprise clients.
The product development extends beyond silicon to the software layer, creating an end-to-end platform. The launch of the e-Sense tag is paired with Energous's cloud-based monitoring software, forming a complete ambient IoT platform. This integrated system enables uninterrupted, real-time visibility across supply chains. The commercial traction supporting this software investment is visible in the order backlog, which stood at approximately $4.2 million as of Q3 2025, with shipments tied to Fortune 10 deployments expected later in the year.
Design a multi-frequency transmitter to comply with diverse global standards simultaneously.
Flexibility in frequency is key for global deployment. The core WattUp solution is based on 900MHz technology. The company's ability to deploy globally is supported by securing certifications across multiple regions, as evidenced by approvals in Australia and New Zealand for 1W PowerBridge transmitters, in addition to prior certifications in China, the United States, Canada, Europe, and India. This global reach, covering 112 countries, suggests the underlying architecture is designed to handle the necessary frequency variations for worldwide compliance, defintely.
- The company secured $22.7 million in capital in Q3 2025 to support growth initiatives and technology innovation.
- Operating expenses were reduced by 44% year-over-year in Q1 2025, totaling $3.7 million.
- The company has expanded partnerships with major Fortune 10 and Fortune 100 companies.
- The company expanded its intellectual property portfolio with five new U.S. patents in Q3 2025.
Energous Corporation (WATT) - Ansoff Matrix: Diversification
You're looking at how Energous Corporation (WATT) might expand beyond its current focus, which is powering the over-the-air wireless power network for ambient IoT devices. The financial performance in 2025 shows significant top-line acceleration, which is the fuel for any new venture.
Launch a subscription-based 'Power-as-a-Service' model for public spaces and offices.
While specific subscription revenue figures for 2025 aren't public, the overall revenue trajectory supports a shift to recurring models. Energous Corporation reported preliminary Q3 2025 revenue of approximately $1.3 million, marking its third consecutive quarter of growth and the highest quarterly revenue since 2015. This compares to Q3 2024 revenue of approximately $0.2 million, representing a 453% year-over-year increase. The confirmed order backlog as of November 11, 2025, stood at approximately $4.1 million, which is expected to ship within 12 months. This backlog suggests a strong pipeline that could be converted into service contracts.
Acquire a small firm specializing in battery technology to offer hybrid power solutions.
The capital raised in 2025 provides a war chest for potential mergers and acquisitions. Strategically, Energous Corporation raised $22.7 million in capital through Q3 2025 to support growth initiatives. In the first half of the year alone, the company raised approximately $15.8 million, net, through its at-the-market offering program. The company also retired its high-interest debt, eliminating a significant burden from its balance sheet.
Develop a proprietary energy harvesting solution independent of the WattUp transmitter.
Innovation continues, bolstering the technology base for any new product development. Energous Corporation expanded its intellectual property portfolio with five new U.S. patents by Q3 2025. This follows the introduction of new products, enhancing the wireless power platform for IoT applications. For instance, in the first six months of 2025, the company was granted four new U.S. patents. The company also introduced the battery-free e-Sense tag, establishing an end-to-end wireless power platform.
Enter the renewable energy sector by integrating wireless power into solar panel monitoring.
The company's operational efficiency improvements suggest better resource allocation for new sector entry. Operating expenses were reduced by 24% year-over-year in Q3 2025. The GAAP net loss for Q3 2025 narrowed to a loss of $(2.113) million, which was the lowest in over a decade. This compares to an estimated net loss of approximately $3 million for Q2 2025.
Create a direct-to-consumer product line, such as a smart home charging hub.
The gross margin performance shows increasing efficiency in product delivery, which is key for a consumer line. The gross margin improved to 36% in Q3 2025. This is up from 35% in Q2 2025, with a gross profit of $0.5 million in Q3 2025. For comparison, in Q1 2025, the company achieved a gross profit for the first time that quarter, amounting to approximately $0.1 million.
Here's a quick look at the 2025 financial momentum supporting these strategic options:
| Metric | Q1 2025 (Ended Mar 31) | Q2 2025 (Ended Jun 30) | Q3 2025 (Ended Sep 30) |
| Revenue | $0.3 million | In excess of $900,000 | $1.3 million |
| Revenue Growth (YoY) | 436% | Nearly 21 times Q2 2024 | 453% |
| Gross Margin | N/A (Gross Profit $0.1 million) | N/A | 36% |
| Net Loss (GAAP/Operating) | Approximately $3.4 million (Net Loss) | Approximately $3 million (Estimated Net Loss) | $(2.113) million (GAAP Net Loss) |
| Capital Raised (YTD) | $13.8 million (Q1 ATM) | Total YTD $15.8 million (First Half) | Total YTD $22.7 million |
The year-to-date revenue through September 30, 2025, reached approximately $2.6 million. This figure represents a 237% increase over the full-year 2024 revenue.
The company's focus on operational discipline is clear in the expense management. Operating expenses fell to $2.649 million in Q3 2025, a 24% reduction year-over-year. In Q1 2025, operating expenses were reduced by 44% year over year.
The progress in profitability is also visible through loss reduction metrics:
- Q3 2025 non-GAAP net loss improved by 38% year-over-year.
- Q2 2025 net loss improvement was 30% compared to the prior year quarter.
- Q1 2025 saw an 89.2% improvement in earnings per share (EPS), reducing losses to a loss of $0.12 per share from a loss of $1.11 per share in Q1 2024.
The order backlog provides near-term revenue visibility for current product lines, which can fund diversification efforts.
- Order backlog as of October 10, 2025: approximately $4.2 million.
- Order backlog as of July 28, 2025: approximately $4 million, expected to ship in 2025.
Finance: draft 13-week cash view by Friday.
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