secwatch.observer — SEC 8-K summary
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Issuer:     ENERGY FOCUS, INC/DE (EFOI)
CIK:        0000924168
Form:       8-K
Filed at:   2026-05-12T12:57:28+00:00
Accession:  0001628280-26-033897
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Focus Q1 net sales up 54% to $0.9M; net loss narrows to $0.1M
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- Net sales of $0.9M (+54% YoY), driven by 52% increase in military and 57% in commercial sales.
- Net loss of $0.1M ($0.02 loss per share) vs $0.3M loss ($0.05) in Q1 2025.
- Gross margin fell to 23.3% from 31.5% YoY due to inventory reserves and tariff impacts.
- Adjusted gross margin 31.0% vs 33.8% YoY; adjusted EBITDA loss $0.1M vs $0.3M loss.
- Cash unchanged at $1.1M; CEO cites Japan energy storage investment as growth milestone but notes liquidity constraints.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924168/000162828026033897/0001628280-26-033897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924168/000162828026033897/efoi-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-033897

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