{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-014605","form_type":"8-K","ticker":"EFOI","cik":"0000924168","company_name":"ENERGY FOCUS, INC/DE","filed_at":"2025-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.836542+00:00","generated_at":"2026-05-24T06:16:02.096254+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Energy Focus FY2024 net sales $4.9M (-15%), net loss $(0.32)/share; Q4 sales -47% YoY","bullets":["FY net sales $4.9M, down 15.0% from 2023, driven by military and commercial declines.","FY gross margin improved to 14.4% from (3.9)% in 2023; operating loss narrowed to $1.8M from $4.0M.","Q4 net sales $1.3M, down 46.6% YoY due to military demand drop from U.S. election cycle.","Cash dropped to $0.6M at year-end from $2.0M; raised ~$1.3M from two private placements in 2024.","Net loss per share FY2024 $(0.32) vs $(1.32) in 2023; Q4 loss $(0.06) per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-014605","json":"https://secwatch.observer/filing/0001628280-25-014605.json","markdown":"https://secwatch.observer/filing/0001628280-25-014605.md","text":"https://secwatch.observer/filing/0001628280-25-014605.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/924168/000162828025014605/0001628280-25-014605-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/924168/000162828025014605/efoi-20250325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T06:16:02.096254+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}