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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 4,167,000 $ 2,326,000
Accounts receivable, net 1,005,000 1,933,000
Inventory 1,170,000 436,000
Other current assets 238,000 288,000
State income tax receivable 10,000
Deferred cost of goods sold (COGS) 134,000 406,000
Total current assets 6,714,000 5,399,000
Property and equipment, net 422,000 505,000
Right-of-use assets 1,005,000 84,000
Deferred COGS 70,000
Other assets 113,000 103,000
Deferred tax assets 4,180,000 4,435,000
Total assets 12,434,000 10,596,000
Current liabilities:    
Accounts payable 348,000 297,000
Accrued expenses 229,000 290,000
Deferred revenue 3,158,000 3,521,000
Current operating lease liabilities 116,000 98,000
Other current liabilities 28,000 59,000
State income tax payable 46,000 19,000
Total current liabilities 3,925,000 4,284,000
Long-term liabilities:    
Deferred revenue 319,000 712,000
Noncurrent operating lease liabilities 930,000
Other long-term liabilities 26,000 24,000
Total liabilities 5,200,000 5,020,000
Commitments and contingencies (Note 7)
Acorn Energy, Inc. stockholders    
Common stock - $0.01 par value per share: Authorized - 42,000,000 shares; issued - 2,555,717 at September 30, 2025 and 2,541,308 at December 31, 2024; outstanding - 2,504,626 at September 30, 2025 and 2,491,130 at December 31, 2024 25,000 25,000
Additional paid-in capital 103,618,000 103,405,000
Accumulated stockholders’ deficit (93,418,000) (94,854,000)
Treasury stock, at cost – 51,091 shares at September 30, 2025 and 50,178 at December 31, 2024 (3,052,000) (3,036,000)
Total Acorn Energy, Inc. stockholders’ equity 7,173,000 5,540,000
Non-controlling interests 61,000 36,000
Total equity 7,234,000 5,576,000
Total liabilities and equity $ 12,434,000 $ 10,596,000