XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 3,050 $ 2,087 $ 7,457 $ 5,809
COGS 863 537 2,014 1,453
Gross profit 2,187 1,550 5,443 4,356
Operating expenses:        
Research and development expense (R&D) 234 212 698 614
Selling, general and administrative (SG&A) expense 1,197 1,330 3,653 3,746
Total operating expenses 1,431 1,542 4,351 4,360
Operating income (loss) 756 8 1,092 (4)
Interest income, net 20 19 53 46
Income before income taxes 776 27 1,145 42
Income tax expense 42 67
Net income 734 27 1,078 42
Non-controlling interest share of income (9) (3) (17) (7)
Net income attributable to Acorn Energy, Inc. stockholders $ 725 $ 24 $ 1,061 $ 35
Basic and diluted net income per share attributable to Acorn Energy, Inc stockholders – basic and diluted        
Basic $ 0.29 $ 0.01 $ 0.43 $ 0.01
Diluted $ 0.29 $ 0.01 $ 0.42 $ 0.01
Weighted average number of shares outstanding attributable to Acorn Energy, Inc. stockholders – basic and diluted        
Basic 2,487 2,485 2,487 2,484
Diluted 2,511 2,532 2,504 2,506