XML 43 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Projects $ 3,278 $ 3,399 $ 10,519 $ 11,017
Products 1,323 1,034 4,198 2,985
Services 381 280 1,214 621
Total revenues 4,982 4,713 15,931 14,623
Cost of sales:        
Projects 2,972 2,468 8,535 8,241
Products 839 637 2,609 1,837
Services 112 120 331 371
Total cost of sales 3,923 3,225 11,475 10,449
Gross profit 1,059 1,488 4,456 4,174
Operating expenses:        
Research and development expenses, net of credits 2,219 1,754 6,336 4,771
Selling, General and Administrative Expense 4,995 5,272 15,221 13,891
Goodwill and Intangible Asset Impairment 5,615 0 6,731 0
Restructuring Charges 772 0 1,366 0
Total Operating Expenses 13,601 7,026 29,654 18,662
Operating Income (Loss) (12,542) (5,538) (25,198) (14,488)
Finance income (expense), net (9) (160) 80 (53)
Loss before income taxes (12,551) (5,698) (25,118) (14,541)
Income tax benefit (expense), net (143) (1,487) (228) (2,476)
Net Loss (12,694) (4,211) (25,346) (12,065)
Net Income (Loss) Attributable to Noncontrolling Interest (382) (276) (885) (737)
Net Income (Loss) Attributable to Acorn Energy, Inc. Shareholders $ (12,312) $ (3,935) $ (24,461) $ (11,328)
Basic and diluted net loss per share attributable to Acorn Energy, Inc. shareholders     $ (1.35) $ (0.63)
Weighted Average Number of Shares Outstanding attributable to Acorn Energy, Inc. shareholders, Basic and Diluted     18,086 17,843
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders – basic and diluted 18,091 17,934    
Dividends declared per common share $ 0 $ 0.035 $ 0.035 $ 0.105
Basic and diluted net loss per share attributable to Acorn Energy, Inc. shareholders $ (0.68) $ (0.22)