{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-022827","form_type":"8-K","ticker":"EFOI","cik":"0000924168","company_name":"ENERGY FOCUS, INC/DE","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.510006+00:00","generated_at":"2026-06-02T03:07:48.727191+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Energy Focus Q1 net sales $0.8M, down 10.4% YoY; net loss narrows to $0.4M","bullets":["Net sales of $0.8M vs $0.9M in Q1 2023; military maritime sales fell $75K, commercial down $22K.","Gross margin improved to 14.4% from 1.8% a year ago, driven by cost reduction in freight and materials.","Net loss of $0.4M ($0.09 per share) improved from $1.3M ($0.58 per share) in Q1 2023.","Cash fell to $1.0M from $2.0M in Dec 2023 after paying off $1.0M Streeterville note.","Raised ~$450K via private placement of 283,109 shares at $1.59 per share in March 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-022827","json":"https://secwatch.observer/filing/0001628280-24-022827.json","markdown":"https://secwatch.observer/filing/0001628280-24-022827.md","text":"https://secwatch.observer/filing/0001628280-24-022827.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924168/000162828024022827/0001628280-24-022827-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924168/000162828024022827/efoi-20240513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:07:48.727191+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":"c89b73cdd493d611929e9e25ee75f9b3ea0f9f1b","claim":"ENERGY FOCUS, INC/DE reported first quarter ended March 31, 2024 results: revenue $0.8 million, net income $0.4 million, EPS $(0.09) per basic and diluted share.","evidence_excerpt":"and military maritime and consumer markets, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: • Net sales of $0.8 million, decreased $0.1 million or 10.4% compared to the first quarter of 2023, driven by a decrease of $ 75 thousand in military maritime sales and $ 22 thousand in commercial sales .","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/924168/000162828024022827/0001628280-24-022827-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$0.8 million"},{"label":"Net income","value":"$0.4 million"},{"label":"EPS","value":"$(0.09) per basic and diluted 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"}