v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 4,257 $ 4,454
Accounts receivable, net 840 887
Inventory 1,196 1,254
Other current assets 225 267
State income tax receivable 51 21
Deferred cost of goods sold (COGS) 25 70
Total current assets 6,594 6,953
Property and equipment, net 364 383
Intangibles, net 266 17
Right-of-use assets, net 921 963
Other assets 112 119
Deferred tax assets 4,871 4,899
Total assets 13,128 13,334
Current liabilities:    
Accounts payable 213 306
Accrued expenses 140 171
Deferred revenue 2,934 3,097
Current operating lease liabilities 163 158
Other current liabilities 29 46
State income tax payable 18
Total current liabilities 3,479 3,796
Long-term liabilities:    
Deferred revenue 335 312
Noncurrent operating lease liabilities 838 884
Other long-term liabilities 27 26
Total liabilities 4,679 5,018
Commitments and contingencies (Note 8)
Equity: Acorn Energy, Inc. stockholders    
Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; issued - 2,557,937 at March 31, 2026 and 2,555,717 at December 31, 2025; outstanding - 2,506,846 at March 31, 2026 and 2,504,626 at December 31, 2025 25 25
Additional paid-in capital 103,828 103,621
Accumulated stockholders’ deficit (92,421) (92,344)
Treasury stock, at cost – 51,091 shares at March 31, 2026 and December 31, 2025 (3,052) (3,052)
Total Acorn Energy, Inc. stockholders’ equity 8,380 8,250
Non-controlling interests 69 66
Total equity 8,449 8,316
Total liabilities and equity $ 13,128 $ 13,334