ENERGY FOCUS, INC/DE EFOI Income Statement

Energy focus, inc/de (EFOI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Net sales
3,783	3,531	2,915	3,082	3,177	3,118	5,158	5,172	4,659	-	5,002	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	6,011	4,106	-	8,261	7,126	8,425	17,249	18,335	16,232	12,587	3,778	7,304	6,699	4,919	-5,515	4,827	5,653	4,458	2,497	7,904	7,672	5,302	754	6,046	8,193	5,460	9,049	8,958
Cost of sales
2,751	2,574	1,887	3,191	3,079	3,099	3,877	3,876	3,843	3,105	3,865	4,510	3,545	8,258	5,179	4,604	5,280	9,678	9,205	8,792	7,436	2,091	4,809	4,525	3,497	-4,542	3,897	4,415	3,575	2,973	5,945	5,968	4,517	851	4,831	6,645	4,301	7,187	7,390
Gross profit
1,032	957	1,028	-109	98	19	1,281	1,296	816	1,622	1,137	1,501	561	-1,072	3,082	2,522	3,145	7,571	9,130	7,440	5,151	1,687	2,495	2,174	1,422	-973	930	1,238	883	-476	1,959	1,704	785	-97	1,215	1,548	1,159	1,862	1,568
Operating expenses:
Product development
282	249	191	318	526	657	638	673	629	674	732	763	771	1,070	809	854	804	876	738	654	542	405	231	203	191	329	57	172	37	281	102	-61	46	-371	-278	-131	265	-22	-134
Selling, general, and administrative
2,027	1,925	1,689	1,594	2,241	2,178	2,543	2,421	2,647	2,513	2,393	2,778	3,631	4,790	5,423	5,590	4,310	5,210	4,651	3,629	3,340	1,056	1,946	2,533	2,304	-591	2,472	2,471	2,082	-	-	-	-	-	-	-	-	-	-
Change in estimate of contingent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	79	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,423	1,390	1,271	-267	1,524	1,636	1,935	1,721	1,518
General and administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,211	1,114	1,154	1,172	1,212	1,044	1,578	1,528	1,516
Loss on impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	325	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	-47	-19	128	134	157	1	3	-50	128	-200	1,060	674	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Valuation of equity instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	56	53	329
Total operating expenses
2,295	2,127	1,861	2,040	2,901	2,992	3,182	3,097	3,226	3,500	2,925	4,601	5,076	6,717	6,232	6,444	5,114	6,086	5,389	4,283	3,882	1,461	2,177	2,736	2,495	22	2,608	2,980	2,119	2,232	2,736	2,443	2,471	123	2,458	2,549	3,834	3,280	3,229
Loss from operations
-1,263	-1,170	-833	-2,149	-2,803	-2,973	-1,901	-1,801	-2,410	-1,878	-1,788	-3,100	-4,515	-7,789	-3,150	-3,922	-1,969	1,485	3,741	3,157	1,269	226	318	-562	-1,073	-995	-1,678	-1,742	-1,236	-2,708	-777	-739	-1,686	-220	-1,243	-1,001	-2,675	-1,418	-1,661
Other expenses:
Other expenses (income):
Settlement of acquisition obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	892	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	1	1	0	2	1	-	-
Interest expense
133	181	67	26	43	4	2	1	1	1	1	0	0	-	0	-	-	14	22	26	23	20	23	28	2,618	381	166	167	126	123	123	114	151	280	206	192	183	153	148
Income from change in fair value of warrants
-873	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-18	53	-46	-79	-19	-9	-17	-2	21	-94	16	-14	-7	-11	-16	6	3	63	28	-16	-22	-	-39	-33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	360	-	26	145	94	59	26	44	28	-	-	-	-	-	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	22	49	9	-1
Loss from operations before income taxes
-	-	-	-	-	-	-	-	-2,390	-1,973	-1,773	-3,114	-4,522	-7,800	-3,166	-3,916	-1,966	1,534	3,747	3,115	1,224	172	256	-623	-4,051	-1,419	-1,870	-1,162	-1,456	-2,889	-926	-897	-1,864	-	-1,455	-1,169	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,808	-1,562	-1,810
Provision for (benefit from) income taxes
-	-	-	-	-	-	-	-	0	-115	0	0	0	5	11	0	11	-123	-651	923	0	2	0	-1	-1	-	-	-	-	-	2	3	3	-15	4	4	5	1	2
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-7,805	-3,177	-3,916	-1,977	1,657	4,398	2,192	1,224	170	256	-622	-4,050	-1,419	-1,870	-1,162	-1,456	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-53	-45	-69	-892	-659	0	-20	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-12	-373	-89	-36	-36	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-373	-142	-81	-105	-	-659	0	-	2,811	221	484	31	-	-	-	-	-	-	-	-	-	-
Benefit from income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-10	-	0	-	-	-5	2	1	3	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-12	-373	-142	-81	-95	-	-659	-	-20	2,816	219	483	28	-	-	-	-	-	-	-	-	-	-
Net loss
-541	-1,308	-946	-2,254	-2,865	-2,986	-1,920	-1,804	-2,390	-1,891	-1,773	-3,114	-4,522	-7,805	-3,177	-3,916	-1,989	1,284	4,256	2,111	1,129	-750	-403	-622	-4,070	1,397	-1,651	-679	-1,428	-2,014	-928	-900	-1,867	-610	-1,459	-1,173	-2,813	-1,563	-1,812
Denominator:
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,690	11,657	11,650	11,652	10,310	10,019	9,671	9,475	8,781	7,836	5,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,690	11,657	11,650	12,212	10,665	10,138	9,993	9,475	8,781	7,836	5,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-0.04	-	-	-	-0.24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-0.08	-0.18	-	-0.25	-0.16	-0.15	-0.20	-0.15	-0.15	-0.26	-0.39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-0.02	-0.06	-0.03	-0.06	-0.04	-0.12	-0.07	-0.08
Net income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.27	-0.34	-0.17	0.14	0.42	0.22	0.13	0.29	0.03	-0.08	-0.79	-0.58	-0.38	-0.25	-0.03	-	-	-	-	-	-	-	-	-	-
Net (loss) income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.04	-0.01	-0.01	-0.01	-	-0.08	0.00	-	-	0.04	0.10	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.27	-0.34	-0.17	0.10	0.41	0.21	0.12	0.17	-0.05	-0.08	-0.79	0.02	-0.34	-0.15	-0.03	-	-	-	-	-	-	-	-	-	-
Net income (loss) from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.27	-0.34	-0.17	0.13	0.41	0.22	0.12	0.29	0.03	-0.08	-0.79	-0.58	-0.38	-0.25	-0.03	-	-	-	-	-	-	-	-	-	-
Net (loss) income from discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-0.03	-0.01	-0.01	-0.01	-	-0.08	0.00	-	-	0.04	0.10	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.27	-0.34	-0.17	0.10	0.40	0.21	0.11	0.17	-0.05	-0.08	-0.79	0.02	-0.34	-0.15	-0.03	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding:
Weighted average common shares outstanding:
Basic and diluted
15,430	12,404	12,370	12,336	12,126	12,080	12,059	11,949	11,900	11,859	11,856	11,791	11,718	-	-	-	-	-	-	-	-	-	-	-	-	-	4,916	4,623	44,699	-104,148	44,542	44,513	31,621	-	24,845	24,754	-	-	-
Shares used in computing net loss per share - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,224	23,420	22,582