---
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"
generated_at: "2026-05-24T06:16:02.096254+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energy Focus FY2024 net sales $4.9M (-15%), net loss $(0.32)/share; Q4 sales -47% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-014605
- JSON: https://secwatch.observer/filing/0001628280-25-014605.json
- Plain text: https://secwatch.observer/filing/0001628280-25-014605.txt

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