Energous Corporation (WATT) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

Per the Roarable RQD rating, WATT scores 25 out of 100, earning a letter grade of E and the verdict "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are: Fundamental Cash Engine at 4/20 (ROIC -35%; FCF yield -21.83%), Whale 13F Flow at 5/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 5/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 8/20 (Altman Z 2.5; Piotroski F 3/9; Debt/Equity 0.5). The weakest pillars are the cash engine and insider conviction, which together indicate that operating economics and insider behavior do not currently support the thesis. The balance sheet pillar is the relative strongest but still scores 8/20, signaling that solvency metrics alone do not offset operating losses. For a prospective investor evaluating the stock today, the rating points to negative cash generation, weak insider signals, and a forensic profile that warrants caution. Upside would depend on a turnaround in cash flow and ROIC, which the current data does not show. Valuation tradeoffs are difficult to assess because earnings-based multiples are not available in source data.

Energous Corporation (WATT) is a NASDAQ-listed issuer in the Technology sector, within the Radio And Television Broadcasting And Communications Equipment industry, per the company profile. The source data does not describe its products, customers, or revenue model. Revenue figures appear in the SEC financials, reporting $5.6M for FY 2025, $0.8M for FY 2024, and $0.0M for FY 2023. Beyond sector and industry classification, a detailed description of how the company makes money is not available in source data.

Per the SEC financials and market data, operating margin is -60%, net margin is -60%, and gross margin is 36%. ROIC is -35% and the FCF yield is -21.83%. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 3/9, and Debt/Equity is 0.5. Cash rose to $10.4M in FY 2025 from $1.4M in FY 2024, while net losses persisted across all three reported periods.

Per the recent news feed, four items reference WATT: a StockInvest.us forecast article (YELLOW, market wire), a TradingView estimates piece (YELLOW, market wire), a Yahoo Finance UK seasonal returns chart (YELLOW, market wire), and a Benzinga item on a PPL analyst initiation (GREEN, catalyst). The headlines are general market commentary, and the source data does not describe specific product, contract, or financing events. The Butterfly Supply-Chain Graph reports no supply-chain structure and no proprietary signals. Key risk watch items are the sustained negative operating and net income, the -21.83% FCF yield, and the absence of analyst coverage in the source data.

Per the Butterfly Supply-Chain Graph, supply chain status is listed as NONE, with no butterfly links and no proprietary signals. Upstream and downstream dependencies, sector correlations, and second-order bottlenecks are not available in source data. The only sector-level information is the classification of Technology and Radio And Television Broadcasting And Communications Equipment, and the Roarable RQD rating's Macro Regime Fit pillar scores 5/20 with Beta 1.0. Investors should note that without mapped dependencies, ripple effects from customers, suppliers, or sector peers cannot be traced from the data provided.

• What are WATT's specific products, end markets, and customer concentration, given that the source data provides only sector classification?
• What is the company's path to positive operating income and free cash flow, given sustained losses across FY 2023 through FY 2025?
• What debt obligations exist, since the debt field is N/A for all reported periods despite a stated Debt/Equity of 0.5?
• What explains the swing in the 52-week range from $3.62 to $36.98, and how does the current $10.36 price relate to it?
• What drove the FY 2025 cash increase to $10.4M, and is it sustainable given negative FCF of $-12.5M?