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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 1,045 $ 1,915 $ 2,141 $ 6,676
Cost of sales 451 1,133 933 4,263
Gross profit 594 782 1,208 2,413
Operating expenses:        
Research and development expenses, net of credits 176 293 268 658
Selling, general and administrative expenses 925 1,205 1,784 3,830
Total operating expenses 1,101 1,498 2,052 4,488
Operating loss (507) (716) (844) (2,075)
Finance expense, net (52) (275) (86) (548)
Loss before income taxes (559) (991) (930) (2,623)
Income tax expense (11) (19)
Net loss after income taxes (559) (1,002) (930) (2,642)
Gain on sale of interest in DSIT, net of income taxes and transaction costs 3,543 3,543
Share of income in DSIT 33 25 69 25
Income (loss) before discontinued operations (526) 2,566 (861) 926
Income (loss) from discontinued operations, net of income taxes (224) 65 (1,610)
Net income (loss) (526) 2,342 (796) (684)
Non-controlling interest share of net (income) loss – continuing operations 35 94 85 145
Net income (loss) attributable to Acorn Energy, Inc. shareholders $ (491) $ 2,436 $ (711) $ (539)
Basic and diluted net income (loss) per share attributable to Acorn Energy, Inc. shareholders:        
Continuing operations $ (0.02) $ 0.10 $ (0.02) $ 0.04
Discontinued operations (0.01) 0.00 (0.06)
Total attributable to Acorn Energy, Inc. shareholders $ (0.02) $ 0.09 $ (0.02) $ (0.02)
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders – basic 29,402 27,963 29,368 27,644
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders –diluted 29,402 27,968 29,368 27,651