secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001628280-26-020695
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus FY2025 net sales $3.6M, down 27%; net loss $1.0M vs $1.6M
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- Full-year net sales $3.6M, down 26.7% YoY; MMM segment fell 42.7%.
- Net loss $1.0M ($0.18/sh) vs $1.6M ($0.32/sh); operating loss improved to $1.0M from $1.8M.
- Gross margin rose to 18.9% from 14.4%; adjusted gross margin 25.7% vs 21.5%.
- Cash $1.1M at year-end 2025 vs $0.6M at year-end 2024; raised ~$2.1M via CEO/affiliate private placements.
- Entered supply arrangement with major U.S. defense contractor; initial shipments begun.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000162828026020695/0001628280-26-020695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000162828026020695/efoi-20260324.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-020695

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer