{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-031228","form_type":"8-K","ticker":"ACFN","cik":"0000880984","company_name":"ACORN ENERGY, INC.","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.836365+00:00","generated_at":"2026-06-22T00:25:32.062476+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Acorn Energy Q3 revenue up 5% to $1.78M, net loss of $210K vs profit year ago","bullets":["Net loss attributable to Acorn shareholders of $210K ($0.01/sh) vs net income $23K in Q3'21; cash $1.12M, no debt.","Total revenue $1.78M (+4.5% YoY); hardware +18% to $825K, monitoring -4.7% to $958K.","Gross margin declined to 68.1% from 72.8% due to higher hardware mix and $31K component write-off.","Cash-basis revenue up 5.6% to $2.20M; CEO expects strong finish to 2022.","Partnered with CPower for demand response programs that could more than double profitability on enrolled customers."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-031228","json":"https://secwatch.observer/filing/0001493152-22-031228.json","markdown":"https://secwatch.observer/filing/0001493152-22-031228.md","text":"https://secwatch.observer/filing/0001493152-22-031228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/880984/000149315222031228/0001493152-22-031228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/880984/000149315222031228/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T00:25:32.062476+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":"05c60b61dd3c1a3170e52b9b3bc8eca8ef630bd6","claim":"ACORN ENERGY, INC. reported its third quarter (Q3’22) ended September 30, 2022 results: revenue $1,783,000, net income ($210,000), or ($0.01) per share, EPS ($0.01) per share.","evidence_excerpt":"of cash, $0.9 million of receivables, and no outstanding debt. We continue to be well-positioned to fund our growth needs.” Financial Highlights ● Q3’22 revenue rose 5% to $1,783,000, reflecting an 18% increase in hardware revenue and a 5% decrease in monitoring revenue compared to Q3’21. Hardware revenue growth was primarily driven by a large hardware order","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315222031228/0001493152-22-031228-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its third quarter (Q3’22) ended September 30, 2022"},{"label":"Revenue","value":"$1,783,000"},{"label":"Net income","value":"($210,000), or ($0.01) per share"},{"label":"EPS","value":"($0.01) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8f18e5ad16cf06e97c34c1dee30609a8a00ce513","claim":"ACORN ENERGY, INC. reported the first nine months of 2022 results: revenue $5,155,000, net income ($556,000), or ($0.01) per share, EPS ($0.01) per share.","evidence_excerpt":"customer during the quarter, while the monitoring revenue decrease was due to discontinued connections as a result of sunsetting 3G technology. Revenue increased 3% to $5,155,000 in the first nine months of 2022 compared to the 2021 period, as hardware revenue rose 13% and monitoring revenue declined 4%, also reflecting the impact of 3G sunsetting. ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315222031228/0001493152-22-031228-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first nine months of 2022"},{"label":"Revenue","value":"$5,155,000"},{"label":"Net income","value":"($556,000), or ($0.01) per share"},{"label":"EPS","value":"($0.01) per share"},{"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"}