XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenue $ 1,337 $ 1,085 $ 3,776 $ 3,226
Cost of sales 506 456 1,464 1,389
Gross profit 831 629 2,312 1,837
Operating expenses:        
Research and development expenses 139 122 399 390
Selling, general and administrative expenses 922 1,038 3,055 2,822
Total operating expenses 1,061 1,160 3,454 3,212
Operating loss (230) (531) (1,142) (1,375)
Finance expense, net 3 (53) (76) (139)
Loss before income taxes (227) (584) (1,218) (1,514)
Income tax expense (41) (41)
Net loss after income taxes (227) (625) (1,218) (1,555)
Shares of income in DSIT 189 33 258
Impairment of investment in DSIT (33)
Gain (loss) on sale of interest in DSIT, net of withholding taxes and transaction costs 222 (607)
Loss before discontinued operations (5) (436) (1,825) (1,297)
Income from discontinued operations, net of income taxes 633 698
Net income (loss) (5) 197 (1,825) (599)
Non-controlling interest share of net loss 9 39 69 124
Net income (loss) attributable to Acorn Energy, Inc. shareholders $ 4 $ 236 $ (1,756) $ (475)
Basic and diluted net loss per share attributable to Acorn Energy, Inc. shareholders:        
Continuing operations $ 0.00 $ (0.01) $ (0.06) $ (0.04)
Discontinued operations 0.02 0.02
Total attributable to Acorn Energy, Inc. shareholders $ 0.00 $ 0.01 $ (0.06) $ (0.02)
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders - basic 29,555,000 29,454,000 29,535,000 29,397,000
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. shareholders - diluted 29,555,000 29,454,000 29,535,000 29,397,000