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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
SCR services $ 6,612 $ 4,855 $ 10,359 $ 9,333
Projects 2,509 2,751 4,857 5,258
Smart grid distribution products and services 1,499 517 2,140 517
Other 99 104 205 203
Revenues 10,719 8,227 17,561 15,311
Cost of sales:        
SCR services 4,976 3,000 7,641 5,546
Projects 1,904 1,475 3,372 2,817
Smart grid distribution products and services 773 191 1,144 191
Other 83 83 166 165
Cost of sales 7,736 4,749 12,323 8,719
Gross profit 2,983 3,478 5,238 6,592
Operating expenses:        
Research and development expenses, net 541 189 1,129 237
Selling, general and administrative expenses 4,762 4,662 9,320 8,809
Total operating expenses 5,303 4,851 10,449 9,046
Operating loss (2,320) (1,373) (5,211) (2,454)
Finance expense, net (109) (197) (230) (197)
Gain on investment in GridSense 0 1,327 0 1,327
Distribution from EnerTech 0 0 0 135
Gain on sale of HangXing 0 0 492 0
Loss before taxes on income (2,429) (243) (4,949) (1,189)
Income tax benefit (expense) 26 (123) (39) (198)
Net loss from continuing operations (2,403) (366) (4,988) (1,387)
Loss from discontinued operations 0 (3,051) 0 (5,203)
Net loss (2,403) (3,417) (4,988) (6,590)
Net loss attributable to non-controlling interests 324 265 692 315
Net loss attributable to Acorn Energy Inc. $ (2,079) $ (3,152) $ (4,296) $ (6,275)
Basic and diluted loss per share attributable to Acorn Energy, Inc. shareholders:        
From continuing operations (in dollars per share) $ (0.12) $ (0.01) $ (0.25) $ (0.08)
From discontinued operations (in dollars per share) $ 0 $ (0.20) $ 0 $ (0.38)
Net loss per share attributable to Acorn Energy, Inc. shareholders (in dollars per share) $ (0.12) $ (0.21) $ (0.25) $ (0.45)
Weighted average number of shares outstanding attributable to Acorn Energy Inc. - basic and diluted (in shares) 17,489 15,161 17,410 13,839