XML 17 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Revenue $ 1,085 $ 942 $ 3,226 $ 7,618
Cost of sales 456 418 1,389 4,681
Gross profit 629 524 1,837 2,937
Operating expenses:        
Research and development expenses, net of credits 122 133 390 791
Selling, general and administrative expenses 1,038 1,015 2,822 4,845
Total operating expenses 1,160 1,148 3,212 5,636
Operating loss (531) (624) (1,375) (2,699)
Finance expense, net (53) (11) (139) (558)
Loss before income taxes (584) (635) (1,514) (3,257)
Income tax expense (41) (41) (19)
Net loss after income taxes (625) (635) (1,555) (3,276)
Gain on sale of interest in DSIT, net of income taxes and transaction costs 3,543
Share of income in DSIT 189 38 258 63
Income (loss) before discontinued operations (436) (597) (1,297) 330
Income (loss) from discontinued operations, net of income taxes 633 1,187 698 (423)
Net income (loss) 197 590 (599) (93)
Non-controlling interest share of net loss - continuing operations 39 62 124 206
Net income (loss) attributable to Acorn Energy, Inc. shareholders $ 236 $ 652 $ (475) $ 113
Basic and diluted net income (loss) per share attributable to Acorn Energy, Inc. shareholders:        
Continuing operations $ (0.01) $ (0.02) $ (0.04) $ 0.02
Discontinued operations 0.02 0.04 0.02 (0.02)
Total attributable to Acorn Energy, Inc. shareholders $ 0.01 $ 0.02 $ (0.02) $ 0.00
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders - basic 29,454,000 29,323,000 29,397,000 28,208,000
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders -diluted 29,454,000 29,323,000 29,397,000 28,246,000