Energous Corporation, operating as Energous Wireless Power Solutions, has announced its financial results for the first quarter ended March 31, 2025. The company reported a significant year-over-year increase in revenue, with a total of $0.3 million for the quarter, compared to approximately $0.1 million in the same period in 2024. This represents a 436% increase, primarily driven by a 483% rise in revenue from its PowerBridge transmitter systems. The first quarter of 2025 marked a pivotal period for Energous, with increased commercial adoption of its technology serving as the foundation for infrastructure modernization projects conducted by major nationwide retailers. The company also highlighted securing $13.8 million from its at-the-market offering program, which will support its growth initiatives for 2025 and help fulfill customer orders. Additionally, Energous reported a growing backlog of enterprise orders, indicating increased market traction for its wireless power network solutions. The company announced that a Fortune 10 multinational retailer plans to deploy its PowerBridge PRO transmitters across more than 4,700 locations nationwide, further accelerating its infrastructure modernization project. As of March 31, 2025, Energous had approximately $10.1 million in cash and cash equivalents. After the end of the first quarter, the company shipped an additional $0.3 million in products, mainly due to fulfilling PowerBridge transmitter system orders for multinational retailers and a new order from a multi-billion dollar power company conducting a proof of concept.