Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

v2.4.1.9
STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating expenses:    
Derivative instrument issuance $ 0watt_DerivativeInstrumentIssuanceExpenses $ 887,062watt_DerivativeInstrumentIssuanceExpenses
Research and development 12,511,647us-gaap_ResearchAndDevelopmentExpense 2,109,890us-gaap_ResearchAndDevelopmentExpense
General and administrative 5,059,703us-gaap_GeneralAndAdministrativeExpense 1,204,896us-gaap_GeneralAndAdministrativeExpense
Marketing 2,803,359us-gaap_MarketingExpense 233,622us-gaap_MarketingExpense
Loss from operations (20,374,709)us-gaap_OperatingIncomeLoss (4,435,470)us-gaap_OperatingIncomeLoss
Other (expense) income:    
Change in fair value of derivative liabilities (26,265,177)us-gaap_DerivativeGainLossOnDerivativeNet (177,000)us-gaap_DerivativeGainLossOnDerivativeNet
Interest, net (1,024,774)us-gaap_InterestIncomeExpenseNet (908,611)us-gaap_InterestIncomeExpenseNet
Loss on retirement of fixed assets (22,818)us-gaap_GainsLossesOnSalesOfAssets 0us-gaap_GainsLossesOnSalesOfAssets
Gain on debt extinguishment 2,084,368us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Total (25,228,401)us-gaap_NonoperatingIncomeExpense (1,085,611)us-gaap_NonoperatingIncomeExpense
Net loss $ (45,603,110)us-gaap_NetIncomeLoss $ (5,521,081)us-gaap_NetIncomeLoss
Basic and diluted net loss per common share $ (5.75)us-gaap_EarningsPerShareBasicAndDiluted $ (2.11)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding, basic and diluted 7,933,791us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 2,617,022us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted