XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 2,153,000 $ 1,449,000
Accounts receivable, net 894,000 536,000
Inventory, net 659,000 962,000
Deferred cost of goods sold (COGS) 507,000 809,000
Other current assets 318,000 280,000
Total current assets 4,531,000 4,036,000
Property and equipment, net 527,000 570,000
Right-of-use assets, net 112,000 193,000
Deferred COGS 134,000 476,000
Other assets 99,000 174,000
Total assets 5,403,000 5,449,000
Current liabilities:    
Accounts payable 313,000 288,000
Accrued expenses 202,000 132,000
Deferred revenue 3,572,000 4,034,000
Current operating lease liabilities 129,000 123,000
Other current liabilities 38,000 30,000
Total current liabilities 4,254,000 4,607,000
Long-term liabilities:    
Deferred revenue 812,000 1,550,000
Noncurrent operating lease liabilities 98,000
Other long-term liabilities 23,000 20,000
Total liabilities 5,089,000 6,275,000
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 September 30, 2024 and December 31, 2023, respectively, and 2,487,307 and 2,484,791 shares outstanding at September 30, 2024 and December 31, 2023, respectively 25,000 25,000
Additional paid-in capital 103,386,000 103,321,000
Accumulated stockholders’ deficit (100,087,000) (101,148,000)
Treasury stock, at cost – 50,178 shares at September 30, 2024 and December 31, 2023 (3,036,000) (3,036,000)
Total Acorn Energy, Inc. stockholders’ equity (deficit) 288,000 (838,000)
Non-controlling interest 26,000 12,000
Total equity (deficit) 314,000 (826,000)
Total liabilities and equity (deficit) $ 5,403,000 $ 5,449,000