ENERGY FOCUS, INC/DE
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 11/16/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.6M | $4.9M | $5.7M | $6.0M | — |
| Cost of revenue | $2.9M | $4.2M | $5.5M | $6.3M | — |
| Gross profit | $672,000 | $699,000 | $223,000 | -$318,000 | — |
| Selling, general & administrative | $1.3M | $2.0M | $3.6M | $7.1M | — |
| Research and development | $412,000 | $524,000 | $587,000 | $1.5M | — |
| Operating expenses | $1.7M | $2.5M | $4.2M | $9.0M | — |
| Operating income | -$1.0M | -$1.8M | -$4.0M | -$9.3M | — |
| Interest expense | $0 | $5,000 | $380,000 | $954,000 | — |
| Pretax income | -$1.0M | -$1.6M | -$4.3M | -$10.3M | — |
| Income tax expense | $0 | $0 | $3,000 | $4,000 | — |
| Net income | -$1.0M | -$1.6M | -$4.3M | -$10.3M | — |
| Balance Sheet | |||||
| Cash and equivalents | $1.1M | $565,000 | $2.0M | $52,000 | — |
| Current assets | $4.6M | $5.1M | $9.2M | $7.2M | — |
| Total assets | $5.1M | $5.6M | $10.2M | $8.5M | — |
| Current liabilities | $922,000 | $2.4M | $6.4M | $7.9M | — |
| Total liabilities | $1.0M | $2.7M | $7.1M | $9.0M | — |
| Stockholders' equity | $4.1M | $2.9M | $3.1M | -$477,000 | $2.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.4M | -$1.3M | -$2.4M | -$6.7M | — |
| Depreciation and amortization | $37,000 | $37,000 | $33,000 | $159,000 | — |
| Stock-based compensation | $121,000 | $4,000 | $44,000 | $117,000 | — |
| Capital expenditure | $54,000 | $19,000 | $69,000 | $41,000 | — |
| Free cash flow | -$1.5M | -$1.3M | -$2.5M | -$6.8M | — |
| Impairments | — | — | $0 | $338,000 | — |
Shares outstanding 6.3M · Free float 51.1%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.