---
schema_version: "secwatch.filing_event.v1"
accession: "0000924168-23-000083"
form_type: "8-K"
ticker: "EFOI"
cik: "0000924168"
company_name: "ENERGY FOCUS, INC/DE"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T21:04:00.467231+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Energy Focus Q2 net loss $1.2M; sales down 28.7% YoY; gross margin improves

## Summary
- Net sales of $1.1M, down 28.7% YoY; commercial -54.7%, military +21.4%.
- Net loss $1.2M ($0.42/share) vs. $2.5M loss ($2.43/share) in Q2 2022; operating loss improved to $1.1M.
- Gross margin 17.0% (up from 7.4% YoY) on lower fixed costs and inventory reserve changes.
- Cash $1.3M; total availability $1.5M; completed $1.3M private placement; 1-for-7 reverse split effective June 16.

## SEC filing metadata
- accession: 0000924168-23-000083
- form_type: 8-K
- ticker: EFOI
- cik: 0000924168
- company_name: ENERGY FOCUS, INC/DE
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924168/000092416823000083/0000924168-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924168/000092416823000083/efoi-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924168-23-000083
- JSON: https://secwatch.observer/filing/0000924168-23-000083.json
- Plain text: https://secwatch.observer/filing/0000924168-23-000083.txt

## Key facts
- Earnings Releases
  ENERGY FOCUS, INC/DE reported the three and six months ended June 30, 2023 results: revenue $1.1 million, net income $1.2 million, or $(0.42) per basic and diluted share of common stock, EPS $(0.42) per basic and diluted share.
  - Period: the three and six months ended June 30, 2023
  - Revenue: $1.1 million
  - Net income: $1.2 million, or $(0.42) per basic and diluted share of common stock
  - EPS: $(0.42) per basic and diluted share
  - Result: reported results
  source text: and military maritime market (“MMM”), today announced financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights: • Net sales of $1.1 million, decreased 28.7% compared to the second quarter of 2022, reflecting a decrease of $0.5 million, or 54.7%, in commercial sales, partially offset by a $0.1 million, or 21.4%,
  evidence_url: https://www.sec.gov/Archives/edgar/data/924168/000092416823000083/0000924168-23-000083-index.htm

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