Peter Rabover
On March 21, 2023, Peter Rabover was appointed to the Registrant’s Board of Directors.
Highest-materiality recent filing
Acorn Energy acquires 100% of OMX Holdings via preferred-for-common exchange
On Aug 17, 2026, Acorn exchanged 100 Series A preferred OMX shares (1% of OMX) for 25,096 new Acorn common shares (~1% of Acorn outstanding).
Acorn Energy Q2 EPS $0.12 vs $0.28 YoY; revenue down 29% on hardware decline
Q2'26 total revenue $2.49M, down 29.4% YoY; monitoring revenue up 8% to $1.43M, hardware down 52%.
Acorn Energy Q1 net loss $77K; revenue down 28% YoY to $2.2M; monitoring rev +11.7%
Total revenue $2,227K, -28.1% YoY; hardware revenue fell 55.7% due to prior-year cellphone provider contract shipments.
Acorn Energy 2025 revenue $11.5M (+4.5%); monitoring revenue +22%; diluted EPS $0.99
Full-year 2025 total revenue $11.48M, up 4.5% YoY; monitoring revenue $5.56M, up 22.1%.
Acorn Energy extends CEO and CFO consulting agreements; grants options and bonuses
CEO Jan Loeb: $207,400 annual cash + $10,300/mo for OmniMetrix role; 25,000 options at $19.02.
Acorn Energy Q3 revenue down 19% on hardware drop; monitoring revenue hits record, margin expands
Q3 revenue $2.48M (-18.8% YoY); diluted EPS $0.10 vs $0.29.
Acorn Energy annual meeting results: directors elected, auditor ratified, say-on-pay approved
Five directors re-elected: Jan H. Loeb (920,483 for), Gary Mohr, Michael F. Osterer, Peter Rabover, Samuel M. Zentman.
Acorn Energy Q2 EPS $0.28, up 155%; revenue $3.5M (+55%); uplists to Nasdaq
Net income $720K vs $271K; diluted EPS $0.28 vs $0.11 YoY.
Acorn Energy common stock approved for Nasdaq Capital Market listing, trading starts July 24
Shares approved for listing on Nasdaq Capital Market; trading begins July 24, 2025 under ticker ACFN.
Acorn Energy Q1 EPS $0.19, revenue $3.1M up 45% YoY
Net income $464k ($0.19 diluted EPS) vs $65k ($0.03) in Q1 2024, up 613.8%.
Acorn Energy replaces Marcum with CBIZ CPAs as independent auditor
Marcum LLP resigned as auditor on April 7, 2025; Acorn engaged CBIZ CPAs P.C. same day.
Acorn Energy enters Change in Control Bonus Agreement with CFO/COO Clifford
Bonus equals $100,000 per year of service from Dec 1, 2019 to change in control or termination.
Acorn Energy reports 2024 net income $2.51/share on 36% revenue growth; plans Nasdaq uplisting
Full-year 2024 revenue increased 36% to $10.986M from $8.059M; net income $6.294M vs $0.119M in 2023.
Jan H. Loeb continues as President & CEO of Acorn Energy and Acting CEO of OmniMetrix under a consulting agreement effective Jan 1, 2025 through Dec 31, 2025.
Acorn Energy Q3 revenue up 46% to $3.05M; EPS $0.29 vs $0.01 on cell tower contract
Total revenue $3.05M (+46% YoY); hardware $1.91M (+90%) driven by initial $724K from $5M cell tower contract.
Acorn Energy stockholders approve all proposals at 2024 Annual Meeting
Re-elected five directors: Loeb, Mohr, Osterer, Rabover, Zentman, with ~986K max votes for.
Acorn Energy Q2 EPS triples to $0.11, revenue up 15%; secures $5M telecom contract
Q2 net income $271k ($0.11/diluted) vs $96k ($0.04) YoY; total revenue $2.275M (+15.3%)
Acorn Energy Q1 EPS improves to $0.03 from ($0.03) loss; revenue up 21.9%
Net income of $65K vs net loss of $85K in Q1'23; EPS $0.03 vs ($0.03).
Acorn Energy achieves profitability in 2023; EPS $0.05 vs loss $0.25, revenue up 15%
Net income of $119,000 ($0.05 EPS) in 2023 vs net loss of $633,000 ($0.25 loss) in 2022.
Acorn Energy extends CEO and CFO consulting agreements with monthly cash and option grants
CEO Loeb receives $16,780/month plus $10,000/month as OmniMetrix Acting CEO; term through Dec 31, 2024.
Acorn Energy Q3 net income $0.01/share vs loss; revenue up 17%; signs generator dealer deal
Q3 EPS $0.01 (vs. ($0.08) loss); net income $24K vs. $210K loss.
Acorn Energy annual meeting results: directors elected, auditor ratified, say-on-pay approved
Stockholders elected Jan H. Loeb, Gary Mohr, Michael F. Osterer, Peter Rabover and Samuel M. Zentman as directors.
Acorn Energy announces 1-for-16 reverse stock split effective Sept 7, 2023
Reverse split reduces shares from 39.76M to ~2.48M; effective Sept 7, 2023 at 5pm EDT.
Acorn Energy announces 2023 Annual Meeting of Stockholders on Sept 12
Meeting held September 12, 2023 at 1:00 PM ET in Baltimore, MD and via Zoom.
Acorn Energy Q2 net income $96k, revenue up 22% to $1.97M; backlog record $6.4M
Q2 GAAP revenue $1.97M (+22% YoY); hardware revenue +39% on True Guard monitors for generators.
Acorn Energy enters amended consulting agreement with CFO/COO Tracy Clifford; grants 100,000 options
Tracy Clifford continues as CFO of Acorn Energy and COO of OmniMetrix subsidiary under new one-year consulting agreement effective June 1, 2023.
Acorn Energy Q1 net loss narrows to $85,000; monitoring revenue grows 3.4% YoY
Q1 revenue $1.749M flat YoY; monitoring revenue $1.024M (+3.4%), hardware $725M (-4.7%).
Acorn Energy appoints Peter Rabover to Board; receives 25,000 option grant
Peter Rabover appointed to Board of Directors effective March 21, 2023.
Acorn Energy FY2022 revenue $7.0M (+3.3%); net loss widens to $633k
GAAP revenue $7.0M in 2022, up 3.3% YoY; hardware revenue +12.5% to $3.09M.
Acorn Energy enters consulting agreement with CEO Jan Loeb: $16K/mo + $10K/mo, 35K options at $0.35
Consulting Agreement with Jan H. Loeb effective Jan 1, 2023, through Dec 31, 2023 or earlier termination.
Acorn Energy Q3 revenue up 5% to $1.78M, net loss of $210K vs profit year ago
Net loss attributable to Acorn shareholders of $210K ($0.01/sh) vs net income $23K in Q3'21; cash $1.12M, no debt.
Acorn Energy shareholders authorize reverse stock split up to 1:20
Elected directors Loeb, Mohr, Osterer, Zentman with over 13.8M votes each.
Acorn Energy replaces auditor Friedman with Marcum after firm combination
Friedman LLP combined with Marcum LLP effective September 1, 2022; Acorn dismissed Friedman and engaged Marcum on September 8, 2022.
Acorn Energy announces 2022 Annual Meeting details for Sept 13
Meeting on Tuesday, September 13, 2022 at 1:00 PM ET at Owings Mills, MD and via Zoom.
Acorn Energy Q2 net loss of $223K vs $2K income; revenue flat; demand response program announced
Q2 revenue $1.62M (+0.6% YoY); hardware revenue up 10% to $655K, monitoring down 5% to $966K.
Residential standby generator customers can earn compensation for offering grid relief to ERCOT (up to 12 hours per year).
Cash compensation of $17,500/month under one-year agreement with automatic renewal.
Acorn Energy Q1 cash-basis revenue up 25.7% YoY; GAAP revenue $1.75M, gross margin 72%
Cash-basis revenue (non-GAAP) grew 25.7% to $2.05M in Q1'22, driven by hardware sales and 3G sunset upgrades.
Acorn Energy FY2021 cash-basis sales up 27% YoY to $7.6M; GAAP revenue up 14%
GAAP revenue $6.8M (+14% YoY); cash-basis revenue $7.6M (+27%); gross margin 72.3% vs 69.8%.
Acorn Energy signs consulting agreement with CEO Jan Loeb; grants 35,000 options at $0.63
Cash compensation of $16,000/month for President/CEO role, plus $10,000/month for acting CEO of OmniMetrix.
Acorn Energy Q3 revenue up 12% to $1.7M; swings to net income of $23K
Q3 GAAP revenue $1.7M (+12.5% YoY); cash-basis revenue $2.1M (+24%).
Acorn Energy shareholders approve reverse stock split authorization, re-elect directors
Re-elected directors Jan H. Loeb, Gary Mohr, Michael F. Osterer, Samuel M. Zentman.
Acorn Energy sub OmniMetrix partners with PSS for remote monitoring of Briggs & Stratton generators
OmniMetrix will provide remote monitoring & control for thousands of Briggs & Stratton backup generators over 12 months.
Acorn Energy announces 2021 Annual Meeting on Sep 13, available via Zoom and in person
Meeting date: Monday, September 13, 2021 at 1:00 PM ET.
Acorn Energy Q2 revenue $1.6M (+9.7% YoY), net income $2K vs loss
Q2'21 total revenue $1.61M (+9.7% YoY); gross profit $1.22M (+19.6%); net income $2,000 vs $33K loss.
On March 21, 2023, Peter Rabover was appointed to the Registrant’s Board of Directors.
Max materiality 0.85 · Median 0.55 · Most common event earnings