Acorn Energy Inc (ACFN) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1000 N WEST STREET, SUITE 1200 WILMINGTON, DE 19801 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8711 - Engineering Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,326 | 1,449 | 1,450 | 1,722 | 2,063 | 1,247 | |||
| Cash and cash equivalent | 2,326 | 1,449 | 1,450 | 1,722 | 2,063 | 1,247 | |||
| Receivables | 1,943 | 536 | 597 | 876 | 608 | 962 | |||
| Inventory, net of allowances, customer advances and progress billings | 436 | 962 | 789 | 617 | 236 | 291 | |||
| Inventory | 436 | 962 | 789 | 617 | 236 | 291 | |||
| Deferred costs | 406 | 809 | 887 | 799 | 764 | 741 | |||
| Other current assets | 288 | 280 | 288 | 229 | 126 | 189 | |||
| Total current assets: | 5,399 | 4,036 | 4,011 | 4,243 | 3,797 | 3,430 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 84 | 193 | 298 | 399 | 494 | 587 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 505 | 570 | 653 | 517 | 268 | 189 | |||
| Deferred costs | 70 | 476 | 807 | 714 | |||||
| Deferred income tax assets | 4,435 | ||||||||
| Other noncurrent assets | 103 | 174 | 215 | 169 | 642 | 778 | |||
| Total noncurrent assets: | 5,197 | 1,413 | 1,973 | 1,799 | 1,404 | 1,554 | |||
| TOTAL ASSETS: | 10,596 | 5,449 | 5,984 | 6,042 | 5,201 | 4,984 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 587 | 420 | 414 | 621 | 397 | 333 | |||
| Accounts payable | 297 | 288 | 243 | 457 | 229 | 197 | |||
| Accrued liabilities | 290 | 132 | 171 | 164 | 168 | 136 | |||
| Deferred revenue | 3,521 | 4,034 | 3,984 | 3,541 | 3,214 | 3,004 | |||
| Debt | 149 | 136 | |||||||
| Other liabilities | 59 | 30 | 58 | 34 | 33 | 68 | |||
| Other undisclosed current liabilities | 117 | 123 | 116 | 107 | 99 | 53 | |||
| Total current liabilities: | 4,284 | 4,607 | 4,572 | 4,303 | 3,892 | 3,594 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 336 | 443 | 542 | ||||||
| Liabilities, other than long-term debt | 736 | 118 | 236 | 12 | 1,385 | 1,493 | |||
| Deferred revenue | 712 | 1,340 | 1,491 | ||||||
| Other liabilities | 24 | 20 | 16 | 12 | 45 | 2 | |||
| Operating lease, liability | 98 | 220 | 336 | 443 | 542 | ||||
| Other undisclosed noncurrent liabilities | 1,550 | 2,187 | 1,852 | ||||||
| Total noncurrent liabilities: | 736 | 1,668 | 2,423 | 2,200 | 1,828 | 2,035 | |||
| Total liabilities: | 5,020 | 6,275 | 6,995 | 6,503 | 5,720 | 5,629 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,540 | (838) | (1,017) | (469) | (523) | (646) | |||
| Common stock | 25 | 25 | 397 | 397 | 397 | 396 | |||
| Treasury stock, value | (3,036) | (3,036) | (3,036) | (3,036) | (3,036) | (3,036) | |||
| Additional paid in capital | 103,405 | 103,321 | 102,889 | 102,801 | 102,726 | 101,655 | |||
| Accumulated deficit | (94,854) | (101,148) | (101,267) | (100,634) | (100,613) | (100,682) | |||
| Warrants and rights outstanding | 3 | 3 | 1,021 | ||||||
| Equity, attributable to noncontrolling interest | 36 | 12 | 6 | 8 | 4 | 1 | |||
| Total equity: | 5,576 | (826) | (1,011) | (461) | (519) | (645) | |||
| TOTAL LIABILITIES AND EQUITY: | 10,596 | 5,449 | 5,984 | 6,042 | 5,201 | 4,984 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,986 | 8,059 | 7,000 | 6,776 | 5,922 | 5,490 | ||
| Cost of revenue (Cost of Product and Service Sold) | (2,987) | (2,055) | (1,929) | (1,877) | (1,791) | (1,900) | ||
| Gross profit: | 7,999 | 6,004 | 5,071 | 4,899 | 4,131 | 3,590 | ||
| Operating expenses | (6,062) | (5,930) | (5,700) | (4,907) | (4,441) | (4,289) | ||
| Operating income (loss): | 1,937 | 74 | (629) | (8) | (310) | (699) | ||
| Interest and debt expense | (1) | 421 | ||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (35) | 2 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,937 | 74 | (629) | (9) | 76 | (697) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 73 | 64 | (2) | (4) | ||||
| Income (loss) from continuing operations before income taxes: | 2,010 | 138 | (631) | (13) | 76 | (697) | ||
| Income tax expense (benefit) | (9) | |||||||
| Income (loss) from continuing operations: | 2,010 | 129 | (631) | (13) | 76 | (697) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (13) | 76 | (697) | |
| Other undisclosed net income | 4,312 | 50 | ||||||
| Net income (loss): | 6,322 | 129 | (631) | (13) | 76 | (647) | ||
| Net income (loss) attributable to noncontrolling interest | (28) | (10) | (2) | (8) | (7) | 29 | ||
| Net income (loss) available to common stockholders, diluted: | 6,294 | 119 | (633) | (21) | 69 | (618) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 6,322 | 129 | (631) | (13) | 76 | (647) | ||
| Comprehensive income (loss): | 6,322 | 129 | (631) | (13) | 76 | (647) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (28) | (10) | (2) | (8) | (7) | 29 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 6,294 | 119 | (633) | (21) | 69 | (618) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.