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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,573,000 $ 1,450,000
Accounts receivable, net 701,000 597,000
Inventory, net 803,000 789,000
Deferred cost of goods sold (COGS) 917,000 887,000
Other current assets 398,000 288,000
Total current assets 4,392,000 4,011,000
Property and equipment, net 614,000 653,000
Operating right-of-use assets, net 246,000 298,000
Deferred COGS 733,000 807,000
Other assets 224,000 215,000
Total assets 6,209,000 5,984,000
Current liabilities:    
Accounts payable 321,000 243,000
Accrued expenses 157,000 171,000
Deferred revenue 4,154,000 3,984,000
Operating lease liabilities 119,000 116,000
Other current liabilities 30,000 58,000
Total current liabilities 4,781,000 4,572,000
Long-term liabilities:    
Deferred revenue 2,213,000 2,187,000
Operating lease liabilities 160,000 220,000
Other long-term liabilities 18,000 16,000
Total long-term liabilities 2,391,000 2,423,000
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders    
Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; issued and outstanding – 39,757,589 and 39,722,589 shares at June 30, 2023 and December 31, 2022, respectively 397,000 397,000
Additional paid-in capital 102,924,000 102,889,000
Accumulated stockholders’ deficit (101,256,000) (101,267,000)
Treasury stock, at cost – 801,920 shares at June 30, 2023 and December 31, 2022 (3,036,000) (3,036,000)
Total Acorn Energy, Inc. stockholders’ deficit (971,000) (1,017,000)
Non-controlling interest 8,000 6,000
Total stockholders’ deficit (963,000) (1,011,000)
Total liabilities and stockholders’ deficit $ 6,209,000 $ 5,984,000