ACORN ENERGY INC
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
ACFN$15.46+5.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(IN THOUSANDS, EXCEPT NET LOSS PER SHARE DATA)
| Year ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue | $8,059 | $7,000 |
| Cost of sales | 2,055 | 1,929 |
| Gross profit | 6,004 | 5,071 |
| Operating expenses: | ||
| Research and development expenses | 875 | 845 |
| Selling, general and administrative expenses | 5,055 | 4,804 |
| Impairment of software | — | 51 |
| Total operating expenses | 5,930 | 5,700 |
| Operating income (loss) | 74 | (629) |
| Finance income (expense), net | 64 | (2) |
| Income (loss) before income taxes | 138 | (631) |
| Income tax expense | 9 | — |
| Net income (loss) | 129 | (631) |
| Non-controlling interest share of income | (10) | (2) |
| Net income (loss) attributable to Acorn Energy, Inc. stockholders. | $119 | $(633) |
| Basic and diluted net income (loss) per share attributable to Acorn Energy, Inc. stockholders: | ||
| Net income (loss) per share attributable to Acorn Energy, Inc. stockholders – basic and diluted | $0.05 | $(0.25) |
| Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic* | 2,484 | 2,481 |
| Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – diluted* | 2,503 | 2,481 |
| * | As adjusted to account for the September 2023 1-for-16 reverse stock split. |
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