Energous (WATT) investor relations material

Market opportunity and technology overview

• Addressing a $1.85 trillion problem in asset tracking, spoilage, and loss for large enterprises.

• Over 300 patents in wireless power and receiving technologies support a scalable, battery-free IoT solution.

• Real-time visibility and data aggregation through e-Compass platform drive operational savings.

• Tags harvest RF energy, operate without batteries, and provide continuous data every five seconds.

• Network infrastructure enables scalability and reliability, with tags functioning up to 25 feet from transmitters.

Competitive differentiation and use cases

• Battery-free tags eliminate maintenance and enable true real-time tracking, unlike RFID's periodic updates.

• Technology excels in cold chain environments, operating at -30°C, supporting perishable goods monitoring.

• Automated data flow reduces manual intervention and increases reliability up to 99%.

• Focus on high-value and perishable assets, with pilots in grocery and QSR sectors.

• Tag agnostic platform aggregates data from multiple tag types, including RFID.

Customer feedback, scalability, and business model

• Customers value real-time visibility for tracking assets across supply chains, reducing loss and errors.

• Tags are reusable and can be reassigned to new assets, supporting operational flexibility.

• Recurring revenue generated from SaaS platform and hardware expansion as new use cases emerge.

• Fifth consecutive quarter of revenue growth, with gross margins around 35%.

• Profitability expected at $6–6.5 million in quarterly revenues; OpEx at baseline after cost reductions.