SAN JOSE, Calif. (AP) _ Energous Corp. (WATT) on Wednesday reported a loss of $12.3 million in its second quarter.
The San Jose, California-based company said it had a loss of 48 cents per share.
The maker of wire-free charging technology posted revenue of $205,800 in the period. Its adjusted revenue was $206,000.
Energous shares have fallen 30 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.52, a decline of roughly 9 percent in the last 12 months.
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