ENERGY FOCUS, INC/DE financials
Source: EDGAR filings · Built 2026-06-19T02:17:58Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.35M | -1.32M | -2.51M | -6.75M | -10.21M | -2.68M |
| EBITDA | -987.00K | -1.80M | -3.94M | -9.14M | -8.52M | -3.89M |
| Working Capital | 3.73M | 2.70M | 2.84M | -704.00K | 5.27M | 3.52M |
| Net Debt | -847.00K | -172.00K | 2.54M | 8.67M | -611.00K | -916.00K |
| Gross Margin | 18.88% | 14.38% | 3.90% | -5.33% | 17.21% | 30.81% |
| Operating Margin | -28.76% | -37.90% | -69.46% | -155.75% | -88.26% | -24.19% |
| Net Margin | 28.09% | -32.55% | -75.09% | -172.24% | -79.94% | -35.54% |
| Return on Equity (ROE) | 24.34% | -54.27% | -140.71% | 2154.93% | -127.01% | -140.56% |
| Return on Assets (ROA) | 19.57% | -28.19% | -42.09% | -120.96% | -54.80% | -48.25% |
| Current Ratio | 5.04× | 2.11× | 1.45× | 0.91× | 1.65× | 1.47× |
| Debt-to-Equity | 0.05× | 0.13× | 1.50× | -18.29× | 0.33× | 0.22× |
| Effective Tax Rate | 0.00% | 0.00% | -0.07% | -0.04% | 0.01% | 0.08% |
| Cash Conversion Ratio | 1.40× | 0.82× | 0.57× | 0.65× | 1.24× | 0.41× |
| Accruals Ratio | -0.08× | -0.05× | -0.18× | -0.42× | 0.13× | -0.28× |
| SBC % of Revenue | 3.40% | 0.08% | 0.77% | 1.96% | 4.35% | 0.78% |
| CapEx Coverage | 25.93× | -68.26× | -35.35× | -159.83× | -21.89× | -10.85× |
| Free Cash Flow Per Share | $0.24 | $-0.27 | $-0.77 | $-5.83 | $-2.24 | $-0.82 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 3.56M | 4.86M | 5.72M | 5.97M | 9.87M | 16.83M |
| Cost of Goods and Services Sold | 2.89M | 4.16M | 5.49M | 6.29M | 8.17M | 11.64M |
| Gross Profit | 672.00K | 699.00K | 223.00K | -318.00K | 1.70M | 5.18M |
| Research and Development Expense | 412.00K | 524.00K | 587.00K | 1.49M | 1.89M | 1.42M |
| Selling, General and Administrative Expense | 1.28M | 2.02M | 3.61M | 7.15M | 8.54M | 7.90M |
| Operating Expenses | 1.70M | 2.54M | 4.19M | 8.98M | 10.40M | 9.26M |
| Operating Income (Loss) | -1.02M | -1.84M | -3.97M | -9.29M | -8.71M | -4.07M |
| Income Tax Expense (Benefit) | 0 | 0 | 3.00K | 4.00K | -1.00K | -5.00K |
| Net Income (Loss) Attributable to Parent | 1.00M | -1.58M | -4.29M | -10.28M | -7.89M | -5.98M |
| Earnings Per Share, Basic | $-0.18 | $-0.32 | — | $-0.23 | $-0.50 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 5.55M | 4.95M | 3.24M | 1.16M | 4.56M | 3.27M |
| Earnings Per Share, Diluted | $-0.18 | $-0.32 | — | $-0.23 | $-0.50 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 5.55M | 4.95M | 3.24M | 1.16M | 4.56M | 3.27M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.06M | 565.00K | 2.03M | 52.00K | 2.68M | 1.84M |
| Assets, Current | 4.65M | 5.14M | 9.19M | 7.24M | 13.42M | 11.08M |
| Assets | 5.11M | 5.61M | 10.20M | 8.50M | 14.39M | 12.40M |
| Liabilities, Current | 922.00K | 2.44M | 6.35M | 7.95M | 8.16M | 7.56M |
| Liabilities | 1.00M | 2.70M | 7.15M | 8.97M | 8.18M | 8.14M |
| Stockholders' Equity Attributable to Parent | 4.11M | 2.92M | 3.05M | -477.00K | 6.21M | 4.25M |
| Common Stock, Shares, Outstanding | 6.31B | 5.26B | 4.35B | 1.41B | 6.37B | 3.53B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.40M | -1.30M | -2.44M | -6.71M | -9.77M | -2.45M |
| Payments to Acquire Property, Plant, and Equipment | 54.00K | 19.00K | 69.00K | 41.00K | 443.00K | 223.00K |
| Net Cash Provided by (Used in) Investing Activities | -197.00K | -19.00K | -69.00K | -16.00K | -443.00K | -223.00K |
| Net Cash Provided by (Used in) Financing Activities | 2.10M | -149.00K | 4.49M | 4.10M | 10.71M | 4.16M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 69.00K | 1.94M | -104.00K | -215.00K | -277.00K | -254.00K |
| EBITDA | -133.00K | -348.00K | -166.00K | -214.00K | -259.00K | -279.00K |
| Working Capital | 3.59M | 3.73M | 2.89M | 2.56M | 2.62M | 2.70M |
| Net Debt | -941.00K | -847.00K | -606.00K | -173.00K | -127.00K | -172.00K |
| Gross Margin | 23.29% | 18.87% | 17.80% | 12.86% | 31.49% | 20.74% |
| Operating Margin | -14.86% | -36.62% | -21.19% | -19.60% | -43.51% | -22.54% |
| Net Margin | -14.75% | 171.38% | -20.82% | -20.21% | -43.51% | -23.00% |
| Return on Equity (ROE) | -3.53% | 40.67% | -5.48% | -8.21% | -9.43% | -10.09% |
| Return on Assets (ROA) | -2.35% | 32.71% | -3.31% | -4.81% | -4.94% | -5.24% |
| Current Ratio | 2.85× | 5.04× | 2.50× | 2.41× | 2.11× | 2.11× |
| Debt-to-Equity | 0.05× | 0.05× | 0.09× | 0.12× | 0.13× | 0.13× |
| Cash Conversion Ratio | -0.49× | 1.16× | 0.32× | 0.93× | 1.01× | 0.86× |
| Accruals Ratio | -0.04× | -0.05× | -0.02× | -0.00× | 0.00× | -0.01× |
| SBC % of Revenue | 0.00% | 12.82% | 0.00% | 0.00% | -0.65% | 0.16% |
| CapEx Coverage | — | — | -1.12× | — | -54.40× | — |
| Free Cash Flow Per Share | $0.01 | $0.35 | $-0.02 | $-0.04 | $-0.05 | $-0.05 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 949.00K | 975.00K | 826.00K | 1.14M | 616.00K | 1.28M |
| Cost of Goods and Services Sold | 728.00K | 791.00K | 679.00K | 996.00K | 422.00K | 1.01M |
| Gross Profit | 221.00K | 184.00K | 147.00K | 147.00K | 194.00K | 265.00K |
| Research and Development Expense | 76.00K | 206.00K | 82.00K | 74.00K | 50.00K | 119.00K |
| Selling, General and Administrative Expense | 286.00K | 335.00K | 240.00K | 297.00K | 412.00K | 434.00K |
| Operating Expenses | 362.00K | 541.00K | 322.00K | 371.00K | 462.00K | 553.00K |
| Operating Income (Loss) | -141.00K | -357.00K | -175.00K | -224.00K | -268.00K | -288.00K |
| Net Income (Loss) Attributable to Parent | -140.00K | 1.67M | -172.00K | -231.00K | -268.00K | -294.00K |
| Earnings Per Share, Basic | — | $-0.06 | $-0.03 | $-0.04 | — | $-0.05 |
| Weighted Average Number of Shares Outstanding, Basic | 6.25M | 5.55M | 5.61M | 5.38M | 5.27M | 4.95M |
| Earnings Per Share, Diluted | — | $-0.06 | $-0.03 | $-0.04 | — | $-0.05 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.25M | 5.55M | 5.61M | 5.38M | 5.27M | 4.95M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.13M | 1.06M | 897.00K | 499.00K | 488.00K | 565.00K |
| Assets, Current | 5.53M | 4.65M | 4.81M | 4.37M | 4.99M | 5.14M |
| Assets | 5.95M | 5.11M | 5.20M | 4.80M | 5.43M | 5.61M |
| Liabilities, Current | 1.94M | 922.00K | 1.92M | 1.81M | 2.37M | 2.44M |
| Liabilities | 1.98M | 1.00M | 2.06M | 1.99M | 2.58M | 2.70M |
| Stockholders' Equity Attributable to Parent | 3.97M | 4.11M | 3.14M | 2.81M | 2.84M | 2.92M |
| Common Stock, Shares, Outstanding | 6.30B | 6.31B | 5.74B | 5.47B | 5.36B | 5.26B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 69.00K | 1.94M | -55.00K | -215.00K | -272.00K | -254.00K |
| Payments to Acquire Property, Plant, and Equipment | 0 | 0 | 49.00K | 0 | 5.00K | 0 |
| Net Cash Provided by (Used in) Investing Activities | 0 | -156.00K | -36.00K | 0 | -5.00K | 0 |
| Net Cash Provided by (Used in) Financing Activities | 0 | 1.20M | 500.00K | 200.00K | 200.00K | 0 |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EFOI CIK 0000924168),
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concepts onto different statements in their own extension
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.