ENERGY FOCUS, INC/DE EFOI Income Statement

Energy focus, inc/de (EFOI)

Income statement / TTM

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
13,311	12,705	12,292	14,535	16,625	18,107	19,991	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net sales
-	-	-	-	-	-	-	-	-	-	-	25,564	26,679	-	41,061	51,135	60,241	64,403	50,932	39,901	30,368	22,700	13,407	10,930	9,884	9,423	17,435	20,512	22,531	23,375	21,632	19,774	20,295	20,453	28,748	31,660	0	0	0
Cost of sales
10,403	10,731	11,256	13,246	13,931	14,695	14,701	14,689	15,323	15,025	20,178	21,492	21,586	23,321	24,741	28,767	32,955	35,111	27,524	23,128	18,861	14,922	8,289	7,377	7,267	7,345	14,860	16,908	18,461	19,403	17,281	16,167	16,844	16,628	22,964	25,523	0	0	0
Gross profit
2,908	1,974	1,036	1,289	2,694	3,412	5,015	4,871	5,076	4,821	2,127	4,072	5,093	7,677	16,320	22,368	27,286	29,292	23,408	16,773	11,507	7,778	5,118	3,553	2,617	2,078	2,575	3,604	4,070	3,972	4,351	3,607	3,451	3,825	5,784	6,137	0	0	0
Operating expenses:
Product development
1,040	1,284	1,692	2,139	2,494	2,597	2,614	2,708	2,798	2,940	3,336	3,413	3,504	3,537	3,343	3,272	3,072	2,810	2,339	1,832	1,381	1,030	954	780	749	595	547	592	359	368	-284	-664	-734	-515	-166	-22	0	0	0
Selling, general, and administrative
7,235	7,449	7,702	8,556	9,383	9,789	10,124	9,974	10,331	11,315	13,592	16,622	19,434	20,113	20,533	19,761	17,800	16,830	12,676	9,971	8,875	7,839	6,192	6,718	6,656	6,434	0	0	0	-	-	-	-	-	-	-	-	-	-
Change in estimate of contingent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,817	3,918	4,164	4,828	6,816	6,810	0	0	0
General and administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,651	4,652	4,582	5,006	5,362	5,666	0	0	0
Loss on impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	196	400	420	295	111	82	-119	938	1,662	1,534	1,734	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Valuation of equity instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Total operating expenses
8,323	8,929	9,794	11,115	12,172	12,497	13,005	12,748	14,252	16,102	19,319	22,626	24,469	24,507	23,876	23,033	20,872	19,640	15,015	11,803	10,256	8,869	7,430	7,861	8,105	7,729	9,939	10,067	9,530	9,882	7,773	7,495	7,601	8,964	12,121	12,892	0	0	0
Loss from operations
-5,415	-6,955	-8,758	-9,826	-9,478	-9,085	-7,990	-7,877	-9,176	-11,281	-17,192	-18,554	-19,376	-16,830	-7,556	-665	6,414	9,652	8,393	4,970	1,251	-1,091	-2,312	-4,308	-5,488	-5,651	-7,364	-6,463	-5,460	-5,910	-3,422	-3,888	-4,150	-5,139	-6,337	-6,755	0	0	0
Other expenses:
Other expenses (income):
Settlement of acquisition obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	4	4	0	0	0	-	-
Interest expense
407	317	140	75	50	8	5	4	3	2	1	0	0	-	0	-	-	85	91	92	94	2,689	3,050	3,193	3,332	840	582	539	486	511	668	751	829	861	734	676	0	0	0
Income from change in fair value of warrants
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-90	-91	-153	-124	-47	-7	-92	-59	-71	-99	-16	-48	-28	-18	56	100	78	53	-49	-110	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	324	324	223	157	0	0	0	-	-	-	-	-	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	79	0	0	0
Loss from operations before income taxes
-	-	-	-	-	-	-	-	-9,250	-11,382	-17,209	-18,602	-19,404	-16,848	-7,514	-601	6,430	9,620	8,258	4,767	1,029	-4,246	-5,837	-7,963	-8,502	-5,907	-7,377	-6,433	-6,168	-6,576	-5,142	-5,385	0	-	0	0	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Provision for (benefit from) income taxes
-	-	-	-	-	-	-	-	-115	-115	5	16	16	27	-101	-763	160	149	274	925	1	0	0	0	0	-	-	-	-	-	-7	-5	-4	-2	14	12	0	0	0
Net loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-16,875	-7,413	162	6,270	9,471	7,984	3,842	1,028	-4,246	-5,835	-7,961	-8,501	-5,907	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-167	-1,059	-1,665	-1,620	-1,571	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-385	-474	-510	-534	-161	-72	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-701	-987	-845	0	-	0	0	-	3,547	0	0	0	-	-	-	-	-	-	-	-	-	-
Benefit from income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-10	0	0	-	0	-	-	1	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-385	-527	-608	-691	-977	0	0	-	0	-	3,498	3,546	0	0	0	-	-	-	-	-	-	-	-	-	-
Net loss
-5,049	-7,373	-9,051	-10,025	-9,575	-9,100	-8,005	-7,858	-9,168	-11,300	-17,214	-18,618	-19,420	-16,887	-7,798	-365	5,662	8,780	6,746	2,087	-646	-5,845	-3,698	-4,946	-5,003	-2,361	-5,772	-5,049	-5,270	-5,709	-4,305	-4,836	-5,109	-6,055	-7,008	-7,361	0	0	0
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