---
schema_version: "secwatch.filing_event.v1"
accession: "0000924168-22-000087"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:28:26.398972+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Energy Focus Q3 net sales down 36% to $1.8M; net loss $2.7M, cash only $41k

## Summary
- Net sales of $1.8M, down 35.8% YoY; negative gross margin of (9.2)% vs 20.5% a year ago.
- Operating loss $2.4M, up 33% YoY; net loss $2.7M ($0.29 loss per share) vs $1.1M loss in Q3 2021.
- Cash and total availability only $210k as of Sep 30, 2022, down from $2.7M cash at Dec 31, 2021.
- Secured $1.1M through unsecured promissory notes issued in Sep, Oct, Nov 2022 to bolster liquidity.
- Inventory reduction project disposed $563k gross value of excess commercial finished goods in Q3.

## SEC filing metadata
- accession: 0000924168-22-000087
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000092416822000087/0000924168-22-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000092416822000087/efoi-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924168-22-000087
- JSON: https://secwatch.observer/filing/0000924168-22-000087.json
- Plain text: https://secwatch.observer/filing/0000924168-22-000087.txt

## Key facts
- Earnings Releases
  ENERGY FOCUS, INC/DE reported financial results for three and nine months ended September 30, 2022.
  - Period: three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 10, 2022, Energy Focus, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2022, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924168/000092416822000087/0000924168-22-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.