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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,450,000 $ 1,722,000
Accounts receivable, net 597,000 876,000
Inventory, net 789,000 617,000
Other current assets 288,000 229,000
Deferred cost of goods sold 887,000 799,000
Total current assets 4,011,000 4,243,000
Property and equipment, net 653,000 517,000
Right-of-use assets, net 298,000 399,000
Deferred cost of goods sold 807,000 714,000
Other assets 215,000 169,000
Total assets 5,984,000 6,042,000
Current liabilities:    
Accounts payable 243,000 457,000
Accrued expenses 171,000 164,000
Deferred revenue 3,984,000 3,541,000
Current operating lease liabilities 116,000 107,000
Other current liabilities 58,000 34,000
Total current liabilities 4,572,000 4,303,000
Long-term liabilities:    
Deferred revenue 2,187,000 1,852,000
Noncurrent operating lease liabilities 220,000 336,000
Other long-term liabilities 16,000 12,000
Total long-term liabilities 2,423,000 2,200,000
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders    
Authorized – 42,000,000 shares; issued and outstanding – 39,722,589 and 39,687,589 shares at December 31, 2022 and 2021, respectively 397,000 397,000
Additional paid-in capital 102,889,000 102,804,000
Accumulated stockholders’ deficit (101,267,000) (100,634,000)
Treasury stock, at cost – 801,920 shares at December 31, 2022 and 2021 (3,036,000) (3,036,000)
Total Acorn Energy, Inc. stockholders’ deficit (1,017,000) (469,000)
Non-controlling interests 6,000 8,000
Total stockholders’ deficit (1,011,000) (461,000)
Total liabilities and stockholders’ deficit $ 5,984,000 $ 6,042,000