Energy Focus, Inc. (EFOI) Financial Statements (2023 and Earlier)

Company Profile

Business Address 32000 AURORA ROAD
SOLON, OH 44139
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 364 - Electric Lighting And Wiring Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,6821,8363506,33510,76116,62934,640
Cash and cash equivalents2,6821,8363506,33510,76116,62934,640
Receivables1,2402,0212,3372,2013,5955,64010,110
Inventory, net of allowances, customer advances and progress billings7,8665,6416,1688,0585,7189,4697,732
Inventory7,8665,6416,1688,0585,7189,4697,732
Prepaid expense458439343198   
Disposal group, including discontinued operation    225  
Deposits current assets712796     
Other current assets3      
Other undisclosed current assets463343136896596882740
Total current assets:13,42411,0769,33417,68820,89532,62053,222
Noncurrent Assets
Finance lease, right-of-use asset148
Operating lease, right-of-use asset2927941,289
Property, plant and equipment  3896101,0972,3252,429
Other noncurrent assets  4051941593351
Other undisclosed noncurrent assets674523314    
Total noncurrent assets:9671,3212,4058041,2562,3582,480
TOTAL ASSETS:14,39112,39711,73918,49222,15134,97855,702
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,6743,8892,3524,9912,6224,93310,212
Accounts payable2,2352,4771,3403,6061,6303,2577,295
Accrued liabilities7211,4121,0121,3859921,6762,917
Employee-related liabilities718      
Deferred revenue2687218
Debt3,8892,3013,8532,219   
Deferred revenue and credits5 93
Other undisclosed current liabilities3251,29531930   
Total current liabilities:8,1567,5576,5427,2402,6274,93310,305
Noncurrent Liabilities
Long-term debt and lease obligation263191,019    
Long-term debt, excluding current maturities  109    
Finance lease, liability 14
Operating lease, liability26318906
Liabilities, other than long-term debt  2820023210777
Restructuring reserve  14    
Other liabilities  1420023210777
Other undisclosed noncurrent liabilities(26)(52)154    
Total noncurrent liabilities:265851,20120023210777
Total liabilities:8,1828,1427,7437,4402,8595,04010,382
Stockholders' equity
Stockholders' equity attributable to parent6,2094,2553,99611,05219,29229,93845,320
Common stock  11111
Additional paid in capital144,953135,113128,872128,367127,493126,875125,369
Accumulated other comprehensive income (loss)(3)(3)(3)(1)2(1) 
Accumulated deficit(138,741)(130,855)(124,874)(117,315)(108,204)(96,937)(80,050)
Total stockholders' equity:6,2094,2553,99611,05219,29229,93845,320
TOTAL LIABILITIES AND EQUITY:14,39112,39711,73918,49222,15134,97855,702

Income Statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues9,86516,82812,70518,10719,84630,99864,403
Revenue, net19,84630,99864,403
Cost of revenue
(Cost of Goods and Services Sold)
(8,167)(11,643)(10,731)(14,695)(15,025)(23,321)(35,111)
Gross profit:1,6985,1851,9743,4124,8217,67729,292
Operating expenses(10,405)(9,255)(8,929)(12,497)(16,102)(24,507)(19,640)
Operating income (loss):(8,707)(4,070)(6,955)(9,085)(11,281)(16,830)9,652
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(65)(73)(91)(7)(99)(18)53
Interest and debt expense(792)(757)(317)(8)(2)(2,700)(85)
Income (loss) from continuing operations before equity method investments, income taxes:(9,564)(4,900)(7,363)(9,100)(11,382)(19,548)9,620
Other undisclosed income (loss) from continuing operations before income taxes1,677(1,086)   2,700 
Income (loss) from continuing operations before income taxes:(7,887)(5,986)(7,363)(9,100)(11,382)(16,848)9,620
Income tax expense (benefit)15(10)(11)115(27)(149)
Income (loss) from continuing operations:(7,886)(5,981)(7,373)(9,111)(11,267)(16,875)9,471
Loss from discontinued operations     (12)(691)
Net income (loss) available to common stockholders, diluted:(7,886)(5,981)(7,373)(9,111)(11,267)(16,887)8,780

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(7,886)(5,981)(7,373)(9,111)(11,267)(16,887)8,780
Comprehensive income (loss):(7,886)(5,981)(7,373)(9,111)(11,267)(16,887)8,780
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (2)(3)3(1) 
Comprehensive income (loss), net of tax, attributable to parent:(7,886)(5,981)(7,375)(9,114)(11,264)(16,888)8,780

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: