Energous Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

	For the Years Ended December 31,
	2015		2014		2013
Convertible Notes – principal		-		-		2,650,858
Convertible Notes – accrued interest		-		-		100,224
Consulting Warrant to purchase common stock		146,252		278,228		278,228
Financing Warrant to purchase common stock		152,778		152,778		220,905
IPO Warrants to purchase common stock		460,000		460,000		-
IR Consulting Warrant		36,000		36,000		-
IR Incentive Warrant		15,000		-		-
Options to purchase common stock		1,487,785		1,607,075		275,689
RSUs		1,560,996		727,279		-
PSUs		1,135,614		-		-
Total potentially dilutive securities		4,994,425		3,261,360		3,525,904

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial liabilities that are measured at fair value on a recurring basis:

	For the Year Ended December 31, 2014
Beginning balance	$	6,277,000
Change in fair value of conversion feature and warrants		26,265,177
Extinguishment of derivative liability upon conversion of Convertible Notes		(26,790,177)
Extinguishment of derivative liability upon modification of Financing Warrant		(1,733,000)
Extinguishment of derivative liability upon modification of Consulting Warrant		(4,019,000)
Ending balance	$	-