A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 217% in the latest quarter vs a year ago
Buying back shares: share count down 62% in 3 years
No debt reported
Watch out for
About 10 months of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 113% to their holdings in the quarter ending June 2026 (45 bought, 14 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$8.44-3.3% that day
Company value
$47M
Share price times all shares
Price vs sales
4.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
67%
A big cushion: cash is a large part of what the company is worth
From WATT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$3.1M+217% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $10.5M, up 431% from the 12 months before. Over 5 years, sales grew about 77% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of WATT. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$39M
Profit in 5 years$4M
Price these guesses point to$13.65+62% vs $8.44 todayAbout +10% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 18% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.