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We have developed scalable, over-the-air Wireless Power Network ( WPN ) technology that integrates advanced semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency ( RF )-based charging for ambient Internet of Things ( IoT ) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. Our WPN technolog…
The business is unprofitable at the operating level (-177.89% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 633.1% YoY with margins expanding 2219.2pp.
Negative free cash flow of -$13M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$8M
▲ +633.1% YoY
Net Income (TTM)
-$8M
▲ +47.9% YoY
Op. Margin
-98.58%
▲ +2219.2pp YoY
ROIC
-31.47%
▲ +99.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$13M
▲ +29.4% YoY
Op. Cash Flow (TTM)
-$13M
▲ +29.3% YoY
Net Debt
-$36M
Net Cash Position
Cash & Equiv.
$37M
5Y CAGR: +76.6%
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