{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-009151","form_type":"8-K","ticker":"ACFN","cik":"0000880984","company_name":"ACORN ENERGY, INC.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.122438+00:00","generated_at":"2026-06-05T02:14:19.417477+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Acorn Energy achieves profitability in 2023; EPS $0.05 vs loss $0.25, revenue up 15%","bullets":["Net income of $119,000 ($0.05 EPS) in 2023 vs net loss of $633,000 ($0.25 loss) in 2022.","Full-year revenue rose 15.1% to $8,059,000; Q4 revenue up 22% to $2,250,000.","Gross margin improved to 74.5% in 2023 from 72.4% in 2022; hardware margin rose to 54%.","CEO expects continued revenue and earnings growth in 2024; targeting 20% annual top-line growth.","Demand Response program signed first customers approved by ERCOT; modest 2024 revenue expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-009151","json":"https://secwatch.observer/filing/0001493152-24-009151.json","markdown":"https://secwatch.observer/filing/0001493152-24-009151.md","text":"https://secwatch.observer/filing/0001493152-24-009151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/880984/000149315224009151/0001493152-24-009151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/880984/000149315224009151/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:14:19.417477+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":"1ebf819cd81848f0054d47c583c3acf80a7915e7","claim":"ACORN ENERGY, INC. reported full-year period ended December 31, 2023 results: revenue $8,059,000, net income $119,000, EPS $0.05 per share. Guidance reaffirmed.","evidence_excerpt":"True Guard ® generator monitors and new product sales were partially offset by a decrease in Hero ® cathodic protection product sales. Full year 2023 revenue rose 15.1% to $8,059,000 from $7,000,000 in 2022, largely driven by sales of new products and custom True Guard units and associated installations. Monitoring revenue is amortized over the term of the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315224009151/0001493152-24-009151-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year period ended December 31, 2023"},{"label":"Revenue","value":"$8,059,000"},{"label":"Net income","value":"$119,000"},{"label":"EPS","value":"$0.05 per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a76da2361b42e4f335e7002c84d98f6706da35ee","claim":"ACORN ENERGY, INC. reported fourth quarter (Q4'23) ended December 31, 2023 results: revenue $2,250,000, net income $84,000, EPS $0.03 per share.","evidence_excerpt":"2024 and longer-term. As a result, we have invested in inventory in recent months to support larger C&I orders and expected growth.” Financial Review Q4’23 revenue rose 22.0% to $2,250,000 over Q4’22 revenue of $1,845,000, driven by a 37.0% increase in hardware revenue and a 9.2% increase in monitoring revenue. Q4’23 hardware revenue growth is primarily attributable","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315224009151/0001493152-24-009151-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter (Q4'23) ended December 31, 2023"},{"label":"Revenue","value":"$2,250,000"},{"label":"Net income","value":"$84,000"},{"label":"EPS","value":"$0.03 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"}