XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 172 $ 4,821
Restricted deposits 2,172 $ 467
Escrow deposit 100
Accounts receivable, net 6,680 $ 4,902
Unbilled revenue 3,849 7,890
Inventory 1,002 1,374
Other current assets $ 1,877 1,813
Current assets - discontinued operations 143
Total current assets $ 15,852 21,410
Property and equipment, net 977 1,080
Severance assets 3,558 3,256
Restricted deposits $ 2,951 650
Intangible assets, net 1,211
Goodwill $ 516 1,031
Other assets 476 905
Total assets 24,330 29,543
Current liabilities:    
Short-term bank credit and current maturities of long-term debt 2,054 $ 4,419
Leap Tide loan payable, net of discount 1,900
Accounts payable 3,296 $ 2,187
Accrued payroll, payroll taxes and social benefits 1,506 1,584
Deferred revenue 5,268 1,634
Other current liabilities $ 2,796 3,028
Current liabilities - discontinued operations 4,693
Total current liabilities $ 16,820 17,545
Long-term liabilities:    
Accrued severance 4,984 4,594
Other long-term liabilities 868 1,011
Total long-term liabilities $ 5,852 $ 5,605
Commitments and contingencies (Note 14)
Equity:    
Acorn Energy, Inc. shareholders Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; Issued - 27,277,511 and 28,127,511 shares at December 31, 2014 and 2015, respectively (Note 22) $ 281 $ 272
Additional paid-in capital 98,977 97,607
Warrants 1,597 1,641
Accumulated deficit (97,191) (86,592)
Treasury stock, at cost - 801,920 shares at December 31, 2014 and 2015 (3,036) (3,036)
Accumulated other comprehensive loss (262) (212)
Total Acorn Energy, Inc. shareholders' equity 366 9,680
Non-controlling interests 1,292 (3,287)
Total equity 1,658 6,393
Total liabilities and equity $ 24,330 $ 29,543