v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 4,458 $ 4,454
Accounts receivable, net 1,120 887
Inventory 1,341 1,254
Other current assets 294 267
State income tax receivable 21
Deferred cost of goods sold (COGS) 70
Total current assets 7,213 6,953
Property and equipment, net 327 383
Intangibles, net 2,075 17
Goodwill 1,443
Right-of-use assets, net 837 963
Other assets 114 119
Deferred tax assets 5,572 4,899
Total assets 17,581 13,334
Current liabilities:    
Accounts payable 294 306
Accrued expenses 264 171
Deferred revenue 3,643 3,097
Current operating lease liabilities 187 158
Deferred purchase consideration, current portion 326
Other current liabilities 46 46
State income tax payable 4 18
Total current liabilities 4,764 3,796
Long-term liabilities:    
Deferred revenue 411 312
Noncurrent operating lease liabilities 743 884
Deferred purchase consideration, net of current portion 1,741
Other long-term liabilities 26
Total liabilities 7,659 5,018
Commitments and contingencies (Note 8)  
Equity:    
Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; issued - 2,585,805 at September 30, 2026 and 2,555,717 at December 31, 2025; outstanding - 2,534,714 at September 30, 2026 and 2,504,626 at December 31, 2025 25 25
Additional paid-in capital 104,136 103,621
Accumulated stockholders’ deficit (91,187) (92,344)
Treasury stock, at cost – 51,091 shares at September 30, 2026 and December 31, 2025 (3,052) (3,052)
Total Acorn Energy, Inc. stockholders’ equity 9,922 8,250
Non-controlling interests 66
Total equity 9,922 8,316
Total liabilities and equity $ 17,581 $ 13,334