v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenue $ 2,591 $ 2,478 $ 7,307 $ 9,101
COGS 504 533 1,385 2,191
Gross profit 2,087 1,945 5,922 6,910
Operating expenses:        
Research and development (R&D) expenses 248 267 742 823
Selling, general and administrative (SG&A) expenses 1,649 1,519 4,744 4,377
Total operating expenses 1,897 1,786 5,486 5,200
Operating income 190 159 436 1,710
Interest income, net 24 34 87 85
Income before income taxes 214 193 523 1,795
Provision for (benefit from) income taxes (730) (65) (650) 331
Net income 944 258 1,173 1,464
Non-controlling interest share of income (4) (6) (16) (28)
Net income attributable to Acorn Energy, Inc. stockholders $ 940 $ 252 $ 1,157 $ 1,436
Net income per share attributable to Acorn Energy, Inc stockholders – basic and diluted        
Basic $ 0.37 $ 0.10 $ 0.46 $ 0.58
Diluted $ 0.37 $ 0.10 $ 0.45 $ 0.57
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic and diluted        
Basic 2,522 2,509 2,512 2,494
Diluted 2,555 2,554 2,546 2,538