Energy Focus, Inc. (EFOI)

Energy Focus Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	5.72	5.97	9.87	16.83	12.71
Revenue Growth (YoY)	-4.21%	-39.50%	-41.38%	32.45%	-29.83%
Cost of Revenue	5.49	6.29	8.17	11.64	10.73
Gross Profit	0.22	-0.32	1.7	5.19	1.97
Selling, General & Admin	3.61	7.15	8.54	7.9	7.45
Research & Development	0.59	1.49	1.89	1.42	1.28
Other Operating Expenses	0	0.34	-0.02	-0.06	0.2
Operating Expenses	4.19	8.98	10.41	9.26	8.93
Operating Income	-3.97	-9.3	-8.71	-4.07	-6.96
Interest Expense / Income	0.38	0.95	0.79	0.48	0.32
Other Expense / Income	-0.06	0.03	-1.61	1.44	0.09
Pretax Income	-4.29	-10.28	-7.89	-5.99	-7.36
Income Tax	0	0	-0	-0.01	0.01
Net Income	-4.29	-10.28	-7.89	-5.98	-7.37
Shares Outstanding (Basic)	3	1	1	0	0
Shares Outstanding (Diluted)	3	1	1	0	0
Shares Change	179.88%	77.72%	39.48%	32.82%	2.61%
EPS (Basic)	-1.32	-8.88	-12.11	-12.81	-20.93
EPS (Diluted)	-1.32	-8.88	-12.11	-12.81	-20.93
Free Cash Flow	-2.51	-6.73	-10.21	-2.67	-6.75
Free Cash Flow Per Share	-0.77	-5.81	-15.67	-5.72	-19.20
Gross Margin	3.90%	-5.33%	17.21%	30.81%	15.54%
Operating Margin	-69.46%	-155.75%	-88.26%	-24.19%	-54.74%
Profit Margin	-75.09%	-172.24%	-79.94%	-35.54%	-58.03%
Free Cash Flow Margin	-43.87%	-112.75%	-103.48%	-15.89%	-53.15%
EBITDA	-3.88	-9.16	-6.91	-5.32	-6.72
EBITDA Margin	-67.82%	-153.52%	-70.02%	-31.62%	-52.89%
Depreciation & Amortization	0.03	0.16	0.19	0.18	0.33
EBIT	-3.91	-9.32	-7.1	-5.51	-7.05
EBIT Margin	-68.39%	-156.18%	-71.92%	-32.71%	-55.46%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).