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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 1,463 $ 1,449
Accounts receivable, net 540 536
Inventory, net 731 962
Deferred cost of goods sold (COGS) 608 809
Other current assets 392 280
Total current assets 3,734 4,036
Property and equipment, net 552 570
Right-of-use assets, net 139 193
Deferred COGS 226 476
Other assets 118 174
Total assets 4,769 5,449
Current liabilities:    
Accounts payable 288 288
Accrued expenses 123 132
Deferred revenue 3,590 4,034
Current operating lease liabilities 127 123
Other current liabilities 29 30
Total current liabilities 4,157 4,607
Long-term liabilities:    
Deferred revenue 990 1,550
Noncurrent operating lease liabilities 33 98
Other long-term liabilities 22 20
Total liabilities 5,202 6,275
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders    
Common stock - $0.01 par value per share: 42,000,000 shares authorized, 2,537,485 and 2,534,969 shares issued at June 30, 2024 and December 31, 2023, respectively, and 2,487,307 and 2,484,791 shares outstanding at June 30, 2024 and December 31, 2023, respectively 25 25
Additional paid-in capital 103,372 103,321
Accumulated stockholders’ deficit (100,812) (101,148)
Treasury stock, at cost – 50,178 shares at June 30, 2024 and December 31, 2023 (3,036) (3,036)
Total Acorn Energy, Inc. stockholders’ deficit (451) (838)
Non-controlling interest 18 12
Total deficit (433) (826)
Total liabilities and deficit $ 4,769 $ 5,449