---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-009326"
form_type: "8-K"
ticker: "ACFN"
cik: "0000880984"
company_name: "ACORN ENERGY, INC."
filed_at: "2025-03-06T23:59:59+00:00"
generated_at: "2026-05-25T08:25:40.304216+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Acorn Energy reports 2024 net income $2.51/share on 36% revenue growth; plans Nasdaq uplisting

## Summary
- Full-year 2024 revenue increased 36% to $10.986M from $8.059M; net income $6.294M vs $0.119M in 2023.
- Diluted EPS $2.51, including $1.77 non-cash deferred tax benefit; Q4 net income $5.233M ($2.08/share).
- Hardware revenue jumped 69% in 2024 driven by a $5M contract with a cell phone provider for 5,000-10,000 generators.
- Cash grew 60% to $2.3M, working capital improved to $1.1M; no debt; stockholders' equity exceeds $5M.
- Company plans to pursue uplisting to Nasdaq Capital Market in first half of 2025.

## SEC filing metadata
- accession: 0001493152-25-009326
- form_type: 8-K
- ticker: ACFN
- cik: 0000880984
- company_name: ACORN ENERGY, INC.
- filed_at: 2025-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880984/000149315225009326/0001493152-25-009326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880984/000149315225009326/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-009326
- JSON: https://secwatch.observer/filing/0001493152-25-009326.json
- Plain text: https://secwatch.observer/filing/0001493152-25-009326.txt

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