---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-013179"
form_type: "8-K"
ticker: "ACFN"
cik: "0000880984"
company_name: "ACORN ENERGY, INC."
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T17:23:39.949594+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Acorn Energy Q1 cash-basis revenue up 25.7% YoY; GAAP revenue $1.75M, gross margin 72%

## Summary
- Cash-basis revenue (non-GAAP) grew 25.7% to $2.05M in Q1'22, driven by hardware sales and 3G sunset upgrades.
- GAAP revenue $1.75M (+2.7% YoY); gross margin improved to 71.8% from 71.0% despite cost increases.
- Operating loss of $122K vs operating income of $26K in Q1'21 due to higher SG&A and R&D costs.
- Cash at quarter-end $1.78M; operating cash flow $221K, up from $68K a year ago.
- Over $70M NOL carryforwards expected to shield cash taxes for the foreseeable future.

## SEC filing metadata
- accession: 0001493152-22-013179
- form_type: 8-K
- ticker: ACFN
- cik: 0000880984
- company_name: ACORN ENERGY, INC.
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880984/000149315222013179/0001493152-22-013179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880984/000149315222013179/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-013179
- JSON: https://secwatch.observer/filing/0001493152-22-013179.json
- Plain text: https://secwatch.observer/filing/0001493152-22-013179.txt

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