{"schema_version":"secwatch.filing_event.v1","accession":"0000924168-23-000057","form_type":"8-K","ticker":"EFOI","cik":"0000924168","company_name":"ENERGY FOCUS, INC/DE","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.841295+00:00","generated_at":"2026-06-15T05:35:58.082394+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Energy Focus Q1 net sales down 55% to $0.9M; net loss narrows to $1.3M","bullets":["Net sales $0.9M, down 54.9% YoY; military sales fell 34.3%, commercial sales fell 71.7%.","Net loss $1.3M ($0.08 loss per share) vs $2.8M ($0.44 loss) in Q1 2022.","Gross margin turned positive at 1.8%, vs negative 1.3% in Q1 2022.","Strategic investment from Sander Electronics closed Jan 2023, net proceeds $2.1M; $1.5M notes converted to stock.","Cash $0.3M; paid down $1.0M on inventory lending facility and terminated accounts receivable facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000924168-23-000057","json":"https://secwatch.observer/filing/0000924168-23-000057.json","markdown":"https://secwatch.observer/filing/0000924168-23-000057.md","text":"https://secwatch.observer/filing/0000924168-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000057/0000924168-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000057/efoi-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T05:35:58.082394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c40d6f251eb6c6548d0b9aad5892e0b809663157","claim":"ENERGY FOCUS, INC/DE reported three months ended March 31, 2023 results: revenue Net sales of $0.9 million, net income Net loss of $1.3 million, EPS $(0.08) per basic and diluted share of common stock.","evidence_excerpt":"and military maritime and consumer markets, today announced financial results for its first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights: • Net sales of $0.9 million, decreased 54.9% compared to the first quarter of 2022, reflecting a $0.3 million, or 34.3% decrease in military sales, and a $0.8 million, or 71.7% decrease in commercial sales,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000092416823000057/0000924168-23-000057-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"Net sales of $0.9 million"},{"label":"Net income","value":"Net loss of $1.3 million"},{"label":"EPS","value":"$(0.08) per basic and diluted share of common stock"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}