ACORN ENERGY, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4M | $8.7M | $16.5M | $19.6M | $20.3M | $17.9M | $17.5M | $14.2M |
| Cost of Revenue | $1.9M | $5.1M | $10.4M | $12.9M | $12.8M | $14.2M | $12.0M | $8.2M |
| Gross Profit | $2.4M | $3.5M | $6.2M | $6.6M | $7.5M | $5.2M | $6.9M | $6.0M |
| Gross Margin | 56.3% | 40.7% | 37.3% | 33.9% | 37.0% | 29.1% | 39.4% | 42.4% |
| Operating Expenses | ||||||||
| Research & Development | $518.0K | $927.0K | — | $2.7M | $4.3M | $6.6M | $3.0M | $965.0K |
| SG&A Expense | $3.8M | $5.7M | $9.6M | $12.0M | $16.5M | $19.4M | $12.0M | $10.4M |
| Operating Income | $-1.9M | $-3.1M | $-5.2M | $-10.2M | $-21.3M | $-20.7M | $-8.0M | $-6.5M |
| Operating Margin | -43.9% | -35.3% | -31.2% | -52.0% | -105.2% | -116.2% | -45.8% | -45.8% |
| Interest Expense | $107.0K | — | — | — | $-108.0K | $-104.0K | $-198.0K | $-181.0K |
| Pretax Income | $-2.1M | $-82.0K | $-5.5M | $-10.3M | $-21.2M | $-20.7M | $-7.6M | $-7.1M |
| Income Tax Expense | $41.0K | $19.0K | $209.0K | $164.0K | $156.0K | $-3.0M | $-12.8M | $671.0K |
| Net Income | $-1.2M | $145.0K | $-10.6M | $-27.1M | $-29.7M | $-16.7M | $35.4M | $-25.1M |
| Net Margin | -26.9% | 1.7% | -64.1% | -138.8% | -146.5% | -93.6% | 201.9% | -176.1% |
| EPS (Basic) | $-0.04 | $0.01 | $-0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.04 | $0.01 | $-0.40 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 29.4M | 28.5M | 26.8M | 26.8M | 22.19B | 20.99B | 20.48B | 17.49B |
| Shares Outstanding (Diluted) | 29.4M | 28.5M | 26.8M | 26.8M | 22.19B | 20.99B | 20.81B | 17.49B |
| Dividends Per Share | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 |