Cash flow Energy Focus, Inc.

Equities

EFOI

US29268T5083

Construction Supplies & Fixtures

Market Closed - Nasdaq Other stock markets 04:00:00 2026-01-16 pm EST			5-day change	1st Jan Change
2.590 ^USD	+6.15%		+17.73%	+12.12%

Dec. 12	Renault Drops Mobilize Brand to Focus on Energy
Dec. 03	Energy Up With Oil Futures on Ukraine Skepticism - Energy Roundup	DJ

51e07b1a858e6.zIuQsnhDBJMuAse_MMJNvii-yuLQsE0wJ5jKDHR97CI.is7B4Ex0ScZkMozXYvAd6hCMgIe0iX5HQKuVfBkXqBSCs8TKNTB-4WJTqA

Published financial data: ENERGY FOCUS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	16.83M	9.86M	5.97M	5.72M	4.86M
Total Revenues	16.83M	9.86M	5.97M	5.72M	4.86M
Cost of Goods Sold, Total	11.64M	8.17M	6.29M	5.49M	4.16M
Gross Profit	5.18M	1.7M	-318K	223K	699K
Selling General & Admin Expenses, Total	7.9M	8.54M	7.15M	3.61M	2.02M
R&D Expenses	1.42M	1.89M	1.49M	587K	524K
Other Operating Expenses, Total	9.32M	10.43M	8.64M	4.19M	2.54M
Operating Income	-4.13M	-8.73M	-8.96M	-3.97M	-1.84M
Interest Expense, Total	-481K	-792K	-954K	-380K	-5K
Interest And Investment Income	-	-	-	57K	-
Net Interest Expenses	-481K	-792K	-954K	-323K	-5K
Other Non Operating Income (Expenses)	-1.16M	811K	-26K	4K	17K
EBT, Excl. Unusual Items	-5.77M	-8.71M	-9.94M	-4.29M	-1.83M
Restructuring Charges	60K	21K	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-338K	-	-
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-276K	801K	-	-	250K
EBT, Incl. Unusual Items	-5.99M	-7.89M	-10.28M	-4.29M	-1.58M
Income Tax Expense	-5K	-1K	4K	3K	2K
Earnings From Continuing Operations	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Net Income - (IS)	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Net Income to Common Incl Extra Items	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Net Income to Common Excl. Extra Items	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Per Share Items
Net EPS - Basic	-12.8	-12.1	-8.87	-1.32	-0.32
Basic EPS - Continuing Operations	-12.8	-12.1	-8.87	-1.32	-0.32
Basic Weighted Average Shares Outstanding	467K	652K	1.16M	3.24M	4.95M
Net EPS - Diluted	-12.8	-12.1	-8.87	-1.32	-0.32
Diluted EPS - Continuing Operations	-12.8	-12.1	-8.87	-1.32	-0.32
Diluted Weighted Average Shares Outstanding	467K	652K	1.16M	3.24M	4.95M
Normalized Basic EPS	-7.72	-8.35	-5.36	-0.83	-0.23
Normalized Diluted EPS	-7.72	-8.35	-5.36	-0.83	-0.23
Supplemental Items
EBITDA	-3.95M	-8.54M	-8.8M	-3.94M	-1.8M
EBITA	-4.13M	-8.73M	-8.96M	-3.97M	-1.84M
EBIT	-4.13M	-8.73M	-8.96M	-3.97M	-1.84M
EBITDAR	-3.45M	-8.09M	-8.39M	-3.48M	-1.5M
Effective Tax Rate - (Ratio)	0.08	0.01	-0.04	-0.07	-0.13
Current Domestic Taxes	-5K	-1K	4K	3K	2K
Total Current Taxes	-5K	-1K	4K	3K	2K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-3.61M	-5.44M	-6.21M	-2.68M	-1.14M
Interest on Long-Term Debt	-	-	1K	-	-
Supplemental Operating Expense Items
Advertising Expense	100K	400K	300K	6K	6K
Research And Development Expense From Footnotes	1.42M	1.89M	1.49M	587K	524K
Net Rental Expense, Total	492K	446K	411K	461K	303K
Imputed Operating Lease Interest Expense	397K	671K	606K	332K	8.86K
Imputed Operating Lease Depreciation	95.1K	-225K	-195K	129K	294K
Stock-Based Comp., COGS (Total)	2K	9K	2K	2K	-
Stock-Based Comp., R&D Exp. (Total)	10K	14K	15K	-	-
Stock-Based Comp., SG&A Exp. (Total)	119K	406K	100K	42K	4K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	131K	429K	117K	44K	4K

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.84M	2.68M	52K	2.03M	565K
Short Term Investments	796K	730K	592K	792K	-
Total Cash And Short Term Investments	2.63M	3.41M	644K	2.82M	565K
Accounts Receivable, Total	2.02M	1.24M	445K	1.77M	804K
Other Receivables	-	-	445K	-	-
Total Receivables	2.02M	1.24M	890K	1.77M	804K
Inventory	5.64M	7.87M	5.48M	4.44M	3.26M
Prepaid Expenses	439K	458K	232K	154K	157K
Restricted Cash	342K	-	-	-	-
Other Current Assets, Total	1K	448K	-	2K	356K
Total Current Assets	11.08M	13.42M	7.24M	9.19M	5.14M
Gross Property Plant And Equipment	3.98M	3.77M	2.57M	2.36M	1.2M
Accumulated Depreciation	-2.66M	-2.8M	-1.32M	-1.35M	-736K
Net Property Plant And Equipment	1.32M	967K	1.26M	1.01M	467K
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	12.4M	14.39M	8.5M	10.2M	5.61M
Liabilities
Accounts Payable, Total	2.48M	2.24M	2.2M	3.77M	1.88M
Accrued Expenses, Total	1.17M	1.14M	482K	435K	307K
Short-term Borrowings	2.3M	2.17M	2.26M	-	-
Current Portion of Long-Term Debt	529K	1.72M	2.62M	1.32M	-
Current Portion of Leases	769K	326K	198K	223K	139K
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	72K	268K	-	-	-
Other Current Liabilities	238K	295K	183K	600K	118K
Total Current Liabilities	7.56M	8.16M	7.95M	6.35M	2.44M
Long-Term Debt	266K	-	-	-	-
Long-Term Leases	319K	26K	1.03M	798K	254K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	8.14M	8.18M	8.98M	7.15M	2.7M
Common Stock, Total	-	-	1K	-	1K
Additional Paid In Capital	135M	145M	149M	156M	158M
Retained Earnings	-131M	-139M	-149M	-153M	-155M
Comprehensive Income and Other	-3K	-3K	-3K	-3K	-3K
Total Common Equity	4.26M	6.21M	-477K	3.05M	2.92M
Total Equity	4.26M	6.21M	-477K	3.05M	2.92M
Total Liabilities And Equity	12.4M	14.39M	8.5M	10.2M	5.61M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	526K	922K	2.59M	4.44M	5.26M
ECS Total Common Shares Outstanding	504K	910K	1.41M	4.35M	5.26M
Book Value / Share	8.45	6.82	-0.34	0.7	0.55
Tangible Book Value	4.26M	6.21M	-477K	3.05M	2.92M
Tangible Book Value Per Share	8.45	6.82	-0.34	0.7	0.55
Total Debt	4.18M	4.24M	6.11M	2.34M	393K
Net Debt	1.55M	828K	5.46M	-478K	-172K
Debt Equivalent Oper. Leases	3.94M	3.57M	3.29M	3.69M	2.42M
Account Code - Inventory Valuation	3	-	5	5	3
Inventories - Raw Materials, Total	2.7M	3.88M	3.35M	2.19M	-
Inventories - Finished Goods, Total	5.84M	7.03M	4.66M	4.8M	-
Inventories - Others	-	-	-	-	3.61M
Machinery, Total	1.7M	1.97M	1.25M	1.29M	702K
Full Time Employees	57	58	20	13	9
Part Time Employees	2	-	3	1	4
Accumulated Allowance for Doubtful Accounts (Supple)	8K	14K	26K	20K	15K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-5.98M	-7.89M	-10.28M	-4.29M	-1.58M
Depreciation & Amortization - CF	184K	188K	159K	33K	37K
Depreciation & Amortization, Total	184K	188K	159K	33K	37K
Amortization of Deferred Charges, Total - (CF)	395K	230K	364K	225K	5K
(Gain) Loss From Sale Of Asset	8K	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	338K	-	-
Stock-Based Compensation (CF)	131K	429K	117K	44K	4K
Provision and Write-off of Bad Debts	-20K	6K	14K	6K	-69K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	507K	-1.45M	-69K	-48K	65K
Change In Accounts Receivable	377K	783K	783K	-1.33M	1.04M
Change In Inventories	1.14M	-2.38M	2.36M	1.01M	829K
Change In Accounts Payable	1.1M	-423K	-1K	1.57M	-1.54M
Change in Unearned Revenues	54K	196K	-268K	-	-
Change in Other Net Operating Assets	-339K	546K	-229K	349K	-85K
Cash from Operations	-2.45M	-9.76M	-6.71M	-2.44M	-1.3M
Capital Expenditure	-223K	-443K	-41K	-69K	-19K
Sale of Property, Plant, and Equipment	-	-	25K	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-223K	-443K	-16K	-69K	-19K
Short Term Debt Issued, Total	2.46M	-	800K	-	-
Long-Term Debt Issued, Total	795K	1.52M	2.65M	-	-
Total Debt Issued	3.25M	1.52M	3.45M	-	-
Short Term Debt Repaid, Total	-719K	-181K	-768K	-1.4M	-
Long-Term Debt Repaid, Total	-1.31M	-3K	-1.64M	-625K	-1M
Total Debt Repaid	-2.03M	-184K	-2.41M	-2.03M	-1M
Issuance of Common Stock	3.77M	10.38M	3.51M	6.53M	851K
Repurchase of Common Stock	-3K	-1K	-	-	-
Other Financing Activities, Total	-830K	-999K	-448K	-16K	-
Cash from Financing	4.16M	10.71M	4.1M	4.49M	-149K
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	1.49M	504K	-2.63M	1.98M	-1.46M
Supplemental Items
Cash Interest Paid	269K	381K	364K	380K	5K
Cash Income Tax Paid (Refund)	4K	4K	1K	-	-
Levered Free Cash Flow	-390K	-7.13M	-3.25M	-319K	-1.05M
Unlevered Free Cash Flow	-484K	-6.87M	-3.02M	-307K	-1.05M
Change In Net Working Capital	-2M	1.59M	-2.34M	-2.17M	-78K
Net Debt Issued / Repaid	1.23M	1.33M	1.04M	-2.03M	-1M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-21.39	-40.73	-48.92	-26.55	-14.56
Return on Total Capital	-29.02	-57.77	-69.64	-45.03	-26.46
Return On Equity %	-144.98	-150.73	-358.65	-333.57	-53.03
Return on Common Equity	-144.98	-150.73	-358.65	-333.57	-53.03
Margin Analysis
Gross Profit Margin %	30.81	17.21	-5.33	3.9	14.38
SG&A Margin	46.95	86.52	119.77	63.09	41.5
EBITDA Margin %	-23.45	-86.57	-147.42	-68.88	-37.14
EBITA Margin %	-24.54	-88.47	-150.08	-69.46	-37.9
EBIT Margin %	-24.54	-88.47	-150.08	-69.46	-37.9
Income From Continuing Operations Margin %	-35.54	-79.94	-172.24	-75.09	-32.55
Net Income Margin %	-35.54	-79.94	-172.24	-75.09	-32.55
Net Avail. For Common Margin %	-35.54	-79.94	-172.24	-75.09	-32.55
Normalized Net Income Margin	-21.43	-55.18	-104.07	-46.9	-23.53
Levered Free Cash Flow Margin	-2.32	-72.31	-54.53	-5.59	-21.59
Unlevered Free Cash Flow Margin	-2.88	-69.62	-50.64	-5.37	-21.63
Asset Turnover
Asset Turnover	1.39	0.74	0.52	0.61	0.61
Fixed Assets Turnover	10.13	8.62	5.37	5.04	6.58
Receivables Turnover (Average Receivables)	7.72	6.05	7.08	5.16	3.77
Inventory Turnover (Average Inventory)	1.97	1.21	0.94	1.11	1.08
Short Term Liquidity
Current Ratio	1.47	1.65	0.91	1.45	2.11
Quick Ratio	0.62	0.57	0.19	0.72	0.56
Operating Cash Flow to Current Liabilities	-0.32	-1.2	-0.84	-0.38	-0.53
Days Sales Outstanding (Average Receivables)	47.39	60.33	51.53	70.77	97
Days Outstanding Inventory (Average Inventory)	185.61	301.83	387.36	329.36	338.73
Average Days Payable Outstanding	62.84	82.75	207.94	244.62	346.32
Cash Conversion Cycle (Average Days)	170.16	279.41	230.95	155.51	89.41
Long Term Solvency
Total Debt/Equity	98.26	68.29	-1.28K	76.83	13.48
Total Debt / Total Capital	49.56	40.58	108.47	43.45	11.88
LT Debt/Equity	13.75	0.42	-215.72	26.16	8.71
Long-Term Debt / Total Capital	6.93	0.25	18.28	14.79	7.68
Total Liabilities / Total Assets	65.68	56.85	105.61	70.09	48.06
EBIT / Interest Expense	-8.59	-11.02	-9.39	-10.45	-368.4
EBITDA / Interest Expense	-7.18	-10.22	-8.79	-9.15	-300.4
(EBITDA - Capex) / Interest Expense	-7.64	-10.78	-8.83	-9.33	-304.2
Total Debt / EBITDA	-1.21	-0.52	-0.73	-0.67	-0.26
Net Debt / EBITDA	-0.45	-0.1	-0.65	0.14	0.11
Total Debt / (EBITDA - Capex)	-1.14	-0.5	-0.72	-0.66	-0.26
Net Debt / (EBITDA - Capex)	-0.42	-0.1	-0.65	0.13	0.11
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	32.45	-41.38	-39.5	-4.21	-14.99
Gross Profit, 1 Yr. Growth %	162.66	-67.25	-118.73	-170.13	213.45
EBITDA, 1 Yr. Growth %	-38.66	116.42	3.02	-55.24	-54.16
EBITA, 1 Yr. Growth %	-38.9	111.33	2.62	-55.67	-53.61
EBIT, 1 Yr. Growth %	-38.9	111.33	2.62	-55.67	-53.61
Earnings From Cont. Operations, 1 Yr. Growth %	-18.88	31.85	30.34	-58.24	-63.15
Net Income, 1 Yr. Growth %	-18.88	31.85	30.34	-58.24	-63.15
Normalized Net Income, 1 Yr. Growth %	-19.22	50.94	14.1	-56.83	-57.34
Diluted EPS Before Extra, 1 Yr. Growth %	-38.92	-5.47	-26.7	-85.08	-75.86
Accounts Receivable, 1 Yr. Growth %	-13.52	-38.64	-64.11	298.2	-54.63
Inventory, 1 Yr. Growth %	-8.54	39.44	-30.38	-18.94	-26.49
Net Property, Plant and Equip., 1 Yr. Growth %	-33.95	-26.8	29.89	-19.51	-53.81
Total Assets, 1 Yr. Growth %	5.61	16.08	-40.95	20.03	-44.98
Tangible Book Value, 1 Yr. Growth %	6.48	45.92	-107.68	-739.62	-4.46
Common Equity, 1 Yr. Growth %	6.48	45.92	-107.68	-739.62	-4.46
Cash From Operations, 1 Yr. Growth %	-63	298.41	-31.25	-63.67	-46.82
Capital Expenditures, 1 Yr. Growth %	68.94	98.65	-90.74	68.29	-72.46
Levered Free Cash Flow, 1 Yr. Growth %	-89.35	1.73K	-54.38	-90.19	-5.58
Unlevered Free Cash Flow, 1 Yr. Growth %	-86.44	1.32K	-56	-89.85	-4.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.6	-11.88	-40.45	-23.87	-9.76
Gross Profit, 2 Yr. CAGR %	23.27	-7.25	-75.24	-63.76	48.26
EBITDA, 2 Yr. CAGR %	-31.67	15.22	49.32	-32.09	-54.71
EBITA, 2 Yr. CAGR %	-32.16	13.64	47.27	-32.55	-54.65
EBIT, 2 Yr. CAGR %	-32.16	13.64	47.27	-32.55	-54.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-18.98	3.42	31.1	-26.22	-60.77
Net Income, 2 Yr. CAGR %	-18.98	3.42	31.1	-26.22	-60.77
Normalized Net Income, 2 Yr. CAGR %	-19.87	10.42	31.23	-29.82	-57.09
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.62	-24.02	-16.76	-66.92	-81.02
Accounts Receivable, 2 Yr. CAGR %	-4.18	-27.16	-53.08	19.54	34.42
Inventory, 2 Yr. CAGR %	-20.31	12.93	-1.47	-24.88	-22.81
Net Property, Plant and Equip., 2 Yr. CAGR %	47.16	-30.47	-2.49	2.25	-39.02
Total Assets, 2 Yr. CAGR %	-18.12	10.72	-17.21	-15.81	-18.74
Tangible Book Value, 2 Yr. CAGR %	-37.95	24.65	-66.52	-29.9	147.21
Common Equity, 2 Yr. CAGR %	-37.95	24.65	-66.52	-29.9	147.21
Cash From Operations, 2 Yr. CAGR %	-39.94	21.42	65.5	-50.02	-56.04
Capital Expenditures, 2 Yr. CAGR %	97.79	83.2	-57.12	-60.53	-31.93
Levered Free Cash Flow, 2 Yr. CAGR %	-64.32	39.59	188.92	-78.84	-43.22
Unlevered Free Cash Flow, 2 Yr. CAGR %	-60.22	38.69	149.82	-78.86	-41.02
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.35	-18.33	-22.26	-30.22	-21.02
Gross Profit, 3 Yr. CAGR %	2.46	-20.75	-45.59	-64.96	-25.61
EBITDA, 3 Yr. CAGR %	-23.32	0.35	11	-0.07	-40.43
EBITA, 3 Yr. CAGR %	-24.07	-0.92	9.84	-1.3	-40.46
EBIT, 3 Yr. CAGR %	-24.07	-0.92	9.84	-1.3	-40.46
Earnings From Cont. Operations, 3 Yr. CAGR %	-19.03	-4.7	11.71	-10.46	-41.46
Net Income, 3 Yr. CAGR %	-19.03	-4.7	11.71	-10.46	-41.46
Normalized Net Income, 3 Yr. CAGR %	-14.81	-1.04	11.63	-9.41	-40.55
Diluted EPS Before Extra, 3 Yr. CAGR %	-27.36	-23.09	-24.92	-53.06	-70.22
Accounts Receivable, 3 Yr. CAGR %	-17.47	-17.41	-42.47	-4.29	-13.45
Inventory, 3 Yr. CAGR %	-2.6	-3.97	-3.89	-7.68	-25.42
Net Property, Plant and Equip., 3 Yr. CAGR %	6.39	16.6	-14.36	-8.53	-21.54
Total Assets, 3 Yr. CAGR %	-17.59	-8.02	-10.21	-6.3	-26.94
Tangible Book Value, 3 Yr. CAGR %	-39.58	-17.49	-50.76	-10.5	-22.28
Common Equity, 3 Yr. CAGR %	-39.58	-17.49	-50.76	-10.5	-22.28
Cash From Operations, 3 Yr. CAGR %	-25.27	12.85	0.45	-0.16	-48.98
Capital Expenditures, 3 Yr. CAGR %	11.24	98.08	-32.28	-32.36	-65
Levered Free Cash Flow, 3 Yr. CAGR %	-32.9	32.57	-3.84	-6.43	-47.21
Unlevered Free Cash Flow, 3 Yr. CAGR %	-27.85	30.92	-5.41	-14.11	-46.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-23.54	-20.47	-21.36	-20.59	-17.49
Gross Profit, 5 Yr. CAGR %	-29.27	-26.05	-41.94	-42.05	-18.75
EBITDA, 5 Yr. CAGR %	-17.17	-10.85	0.1	-14.17	-22.44
EBITA, 5 Yr. CAGR %	-15.96	-11.39	-1.03	-15.05	-22.9
EBIT, 5 Yr. CAGR %	-15.96	-11.39	-1.03	-15.05	-22.9
Earnings From Cont. Operations, 5 Yr. CAGR %	-8.78	-14.11	-1.82	-13.97	-26.5
Net Income, 5 Yr. CAGR %	-7.39	-14.13	-1.82	-13.97	-26.5
Normalized Net Income, 5 Yr. CAGR %	-9.98	-11.4	1.26	-13.75	-23.84
Diluted EPS Before Extra, 5 Yr. CAGR %	-16.1	-24.93	-23.29	-45.12	-56.68
Accounts Receivable, 5 Yr. CAGR %	-27.53	-26.14	-34.15	-4.24	-19.22
Inventory, 5 Yr. CAGR %	-6.11	-3.64	-2.15	-12.95	-11.96
Net Property, Plant and Equip., 5 Yr. CAGR %	-11.47	-16.09	2.74	10.63	-25.24
Total Assets, 5 Yr. CAGR %	-25.96	-16.27	-17.44	-11.22	-13.72
Tangible Book Value, 5 Yr. CAGR %	-37.7	-26.99	-52.29	-22.7	-6.11
Common Equity, 5 Yr. CAGR %	-37.7	-26.99	-52.29	-22.7	-6.11
Cash From Operations, 5 Yr. CAGR %	-8.18	-10.03	2.71	-18.53	-27.83
Capital Expenditures, 5 Yr. CAGR %	-36.97	-22.88	-24.03	3.9	-32.14
Levered Free Cash Flow, 5 Yr. CAGR %	-16.42	-10.21	20.32	-36.37	-22.11
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.47	-10.89	18.58	-36.87	-21.69