Energous Corporation Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

Private Placement (Tables)

Private Placement (Tables)

3 Months Ended

Mar. 31, 2014

The debt discount is being amortized under the effective interest method over the term of the Convertible Notes.

Face value of the Convertible Notes	$	5,500,009
Discount-fair value of embedded conversion feature		(5,376,000)
Proceeds attributable to the Convertible Notes	$	124,009

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

Significant increases in either the probability or severity of default of the host instrument would result in a significantly lower fair value measurement.

	As of March 31, 2014			As of December 31, 2013
Stock price on valuation date	$	14.75		$	1.68
Conversion price	$	3.00		$	2.07
Term (years)		0.10			.26
Expected volatility		60	%		60	%
Dividend yield		0	%		0	%
Weighted average risk-free interest rate		1.32	%		1.75	%
Trials		20,000			20,000
Aggregate fair value	$	28,459,000		$	5,573,000

Financing And Consulting Warrant [Member]

Private Placement [Line Items]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

Provided below are the principal assumptions used in the measurement of the fair values of the Financing Warrant and the Consulting Warrant as of March 31, 2014 and December 31, 2013.

	As of March 31, 2014						As of December 31, 2013
	Financing Warrant			Consulting Warrant			Financing Warrant			Consulting Warrant
Stock price on valuation date	$	14.75		$	14.75		$	1.68		$	1.68
Exercise price	$	3.60		$	0.04		$	2.49		$	0.04
Term (years)		4.13			4.13			4.38			4.38
Expected volatility		60	%		60	%		60	%		60	%
Dividend yield		0	%		0	%		0	%		0	%
Weighted average risk-free interest rate		1.32	%		1.32	%		1.75	%		1.75	%
Number of warrants		152,778			278,228			220,905			278,228
Number of trials		20,000			20,000			20,000			20,000
Aggregate fair value	$	1,764,000		$	4,045,000		$	175,000		$	529,000