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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,749 $ 1,450
Accounts receivable, net 583 597
Inventory, net 909 789
Deferred cost of goods sold (COGS) 890 887
Other current assets 343 288
Total current assets 4,474 4,011
Property and equipment, net 610 653
Operating right-of-use assets, net 220 298
Deferred COGS 642 807
Other assets 209 215
Total assets 6,155 5,984
Current liabilities:    
Accounts payable 444 243
Accrued expenses 127 171
Deferred revenue 4,270 3,984
Operating lease liabilities 121 116
Other current liabilities 25 58
Total current liabilities 4,987 4,572
Long-term liabilities:    
Deferred revenue 1,941 2,187
Operating lease liabilities 129 220
Other long-term liabilities 19 16
Total long-term liabilities 2,089 2,423
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 – 2,484,791 and 2,482,604 shares at September 30, 2023 and December 31, 2022, respectively [1] 25 25
Additional paid-in capital [1] 103,312 103,261
Accumulated stockholders’ deficit (101,232) (101,267)
Treasury stock, at cost – 50,178 and 50,178 shares at September 30, 2023 and December 31, 2022 [1] (3,036) (3,036)
Total Acorn Energy, Inc. stockholders’ deficit (931) (1,017)
Non-controlling interest 10 6
Total stockholders’ deficit (921) (1,011)
Total liabilities and stockholders’ deficit $ 6,155 $ 5,984
[1] Includes effects of a 1-for-16 reverse stock split