Highest-materiality recent filing
Energy Focus shareholders reelect all seven directors, ratify auditor at annual meeting
Seven directors elected: Kin-Fu Chen, Jay Huang, Wen-Jeng Chang, Shou-Jang Lee, Chao-Jen Huang, Wen-Cheng Chen, Sophia Ann Shee.
Energy Focus raises $250k in private placement of 65,789 shares at $3.80/share
Issued 65,789 common shares to Euka Power Japan Co., Ltd. at $3.80, raising $250,000.
Energy Focus Q1 net sales up 54% to $0.9M; net loss narrows to $0.1M
Net sales of $0.9M (+54% YoY), driven by 52% increase in military and 57% in commercial sales.
Energy Focus invests ~$1.1M for 35% stake in Japan energy storage project, targeting >35% IRR
Joint investment with Meihodo and Euka Power in Asakura, Fukuoka energy storage plant; grid application response received from Kyushu Electric Power.
Energy Focus completes Project G and secures $6.6M Project Y contract for data center infrastructure
Project G, a ~$0.5M UPS system installation for a Taiwan-based electronics manufacturer, substantially completed in 2025 and contributed to 2025 revenue.
Energy Focus FY2025 net sales $3.6M, down 27%; net loss $1.0M vs $1.6M
Full-year net sales $3.6M, down 26.7% YoY; MMM segment fell 42.7%.
Energy Focus raises $1.2M via private placement with CEO and affiliate entity
Issued 524,018 shares at $2.29/share to CEO Chiao Chieh Huang and MAN-BO HOTEL CO., LTD.
Energy Focus Q3 net sales drop 31% to $0.8M; net loss narrows to $0.2M
Net sales of $0.8M down 30.9% YoY; military sales -26.6%, commercial sales -42.3%.
Energy Focus raises $500K through private placement with CEO/CFO at $1.89/share
CEO/CFO Chiao Chieh (Jay) Huang will buy 264,550 new shares at $1.89/share for $500K total.
Energy Focus appoints Sophia Shee to board of directors
Sophia Shee appointed to board effective August 8, 2025; no committee assignments yet.
Energy Focus Q2 net sales down 26.4% to $1.1M; military sales plunge 71% on budget delays
Net loss narrowed to $0.2M ($0.04 per share) from $0.6M ($0.12) YoY.
Director Gina Huang resigns from Energy Focus board; Chao-Jen Huang appointed to audit committee
Gina (Mei-Yun) Huang resigned from the board, Audit Committee, and Nomination and Compensation Committee effective June 30, 2025, with no disagreement.
Energy Focus CEO buys $200K in stock at $1.81, above market
CEO/CFO Chiao Chieh (Jay) Huang purchased 110,497 shares at $1.81/share in private placement.
Energy Focus annual meeting results: all directors elected, say-on-pay approved
Quorum of 75.51% voting power represented at June 12, 2025 annual meeting.
Energy Focus Q1 sales down 26% to $0.6M; net loss narrows to $0.3M
Net sales $0.6M, down 26.1% YoY; military sales fell 22.7%, commercial 32.1%.
CEO/CFO Huang buys $200k of Energy Focus stock at $1.93/share, above market
CEO/CFO Chiao Chieh (Jay) Huang purchased 103,627 shares at $1.93/share totaling $200,000.
Energy Focus FY2024 net sales $4.9M (-15%), net loss $(0.32)/share; Q4 sales -47% YoY
FY net sales $4.9M, down 15.0% from 2023, driven by military and commercial declines.
Energy Focus reports Q3 2024 net loss of $0.3M, revenue down 10.7% YoY
Net sales of $1.2M, down 10.7% YoY; commercial sales fell 29.7% partially offset by MMM sales +0.6%.
Energy Focus Q2 net sales up 47% to $1.6M; net loss narrows to $0.6M
Net sales of $1.6M in Q2 2024, up 47.2% YoY; military sales surged 95.4%.
Energy Focus sells 534,592 shares to CEO-affiliated entity in $0.85M private placement
Sold 534,592 shares at $1.59/share to Sander Electronics Inc., controlled by CEO Jay Huang.
Energy Focus annual meeting results: all director nominees elected, proposals approved
Seven director nominees elected with >96% of votes cast in favor, excluding broker non-votes.
Energy Focus Q1 net sales $0.8M, down 10.4% YoY; net loss narrows to $0.4M
Net sales of $0.8M vs $0.9M in Q1 2023; military maritime sales fell $75K, commercial down $22K.
Energy Focus raises ~$450k via private placement of 283,109 shares at $1.59/share
Issued 283,109 shares at $1.59/share for aggregate gross proceeds of approximately $450,143.
Energy Focus FY2023 net loss narrows to $4.3M; Q4 sales surge 261% YoY
FY2023 net sales $5.7M, down 4.2% YoY; military products grew to 72% of sales mix from 37% in 2022.
Energy Focus Q3 net loss narrows to $0.9M; sales down 24% YoY
Net sales $1.3M, down 24.1% YoY; commercial sales fell 61.3%, military sales up 76.7%.
Energy Focus raises $1.75M in private placement of 853,658 shares at $2.05/share
Gross proceeds ~$1.75M from sale of 853,658 common shares at $2.05 each.
Energy Focus board member Kaj den Daas resigns effective August 28, 2023
Board member Karel Robert (Kaj) den Daas resigned effective August 28, 2023.
Energy Focus terminates CEO Lesley Matt; appoints Jay Huang as CEO and Kin Fu Chen as Chairman
Board terminated CEO Lesley Matt effective August 24, 2023.
Energy Focus Q2 net loss $1.2M; sales down 28.7% YoY; gross margin improves
Net sales of $1.1M, down 28.7% YoY; commercial -54.7%, military +21.4%.
Energy Focus raises $1.3M via private placement and appoints four new directors
Private placement of 746,875 shares at $1.76/share for gross proceeds of ~$1.3M, closed June 29.
Energy Focus stockholders approve 1-for-7 reverse stock split; effective June 16, 2023
Stockholders approved reverse stock split at ratio of 1-for-7; board set ratio on June 15, 2023.
Energy Focus Q1 net sales down 55% to $0.9M; net loss narrows to $1.3M
Net sales $0.9M, down 54.9% YoY; military sales fell 34.3%, commercial sales fell 71.7%.
Energy Focus raises $305K from directors, faces Nasdaq delisting for low equity and bid price
Issued 608,502 shares to board directors at $0.5609 and $0.5000 for $305K gross proceeds.
Energy Focus FY2022 net sales down 39.5% to $6.0M; net loss $10.3M; cash only $52K
Net sales $6.0M vs $9.9M in 2021; gross margin negative (5.3)% vs positive 17.2%.
Gross proceeds of $400,000 from sale of 803,212 shares of common stock at $0.4980 per share.
Energy Focus receives Nasdaq delisting notice; appeals to Hearings Panel
Received Feb 21, 2023 notification of non-compliance with bid price rule; ineligible for second 180-day period due to insufficient stockholders' equity ($5M minimum not met as of Sep 30, 2022).
Energy Focus appoints Wen-Jeng Chang to board as second nominee under Sander Electronics agreement
Wen-Jeng Chang appointed to board effective Feb 16, 2023; board determined independent under Nasdaq standards.
Energy Focus raises ~$2.1M equity from Sander; appoints Jay Huang chairman
5,446,252 shares at $0.5008 each in private placement to Sander Electronics purchasers; gross proceeds ~$2.1M.
Energy Focus raises $250k via private placement with board member Mei-Yun Huang
Issued 257,798 shares at $0.3879/share on Jan 5, 2023 to board member Mei-Yun Huang.
Energy Focus issues $50K promissory note to Tingyu Lin at 8% interest, due Sept 2023
Principal amount $50,000, interest at 8% per annum, matures September 30, 2023.
Energy Focus issues $100K promissory note to Jay Huang at 8%, maturing Sept 2023
Principal $100,000, 8% annual interest, due September 21, 2023.
Energy Focus exchanges $99.8K note for 271K shares with Streeterville Capital
Issued 271,412 shares in exchange for $99,825.43 principal amount of promissory note held by Streeterville Capital.
Energy Focus issues $200K promissory note to Jay Huang at 8% interest, due Sep 2023
Principal $200,000; interest 8% per annum; matures September 6, 2023.
Energy Focus faces Nasdaq delisting for insufficient equity ($1.526M vs $2.5M required)
As of Sept 30, 2022, stockholders' equity was $1.526M, below Nasdaq's $2.5M minimum requirement.
Energy Focus Q3 net sales down 36% to $1.8M; net loss $2.7M, cash only $41k
Net sales of $1.8M, down 35.8% YoY; negative gross margin of (9.2)% vs 20.5% a year ago.
Energy Focus exchanges $205K promissory note for 385,918 shares of common stock
Entered Exchange Agreement with Streeterville Capital to exchange $205K Partitioned Note for 385,918 common shares.
Energy Focus issues $450K promissory note to director; CAO Clifford Griffin resigns
Issued $450,000 promissory note to board member Mei-Yun Huang at 8% interest, maturing June 16, 2023.
Energy Focus appoints Lesley Matt as CEO effective Sept 12, 2022
Lesley Matt, former SVP of TCP Lighting, named CEO; Stephen Socolof remains Chairman.
Energy Focus appoints Kaj den Daas to board; director Politziner retires
Kaj den Daas appointed independent director effective Sept 4, 2022; over 45 years lighting industry experience including EVP of Philips Lighting.
Energy Focus receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period
Received Nasdaq notice on Aug 23, 2022: closing bid price below $1.00 for 30 consecutive business days.
On August 28, 2023, Energy Focus, Inc. (the “Company”) received notice from Karel Robert (Kaj) den Daas, a member of the Board.
On August 24, 2023, the Board of Directors (the “Board”) of Energy Focus, Inc. (the “Company” or “Energy Focus”) approved the termination of the Company’s Chief Executive Officer (“CEO”), Lesley Matt, effective immediately.
the Board has appointed Kin Fu Chen as the Chairman of the Board.
The Board appointed Chiao Chieh Jay Huang to serve as the Company’s new CEO.
On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.
On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.
On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.
On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.
On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.
On June 28, 2023, the Company received notices of resignation from the following four members of the Board: Jennifer Cheng, Brian Lagarto, Jeffery Parker, and Stephen Socolof.
On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.
On July 2, 2023, the remaining members of the Board unanimously appointed the following four new members to the Board: Kin-Fu Chen, Dr. Shou-Jang Lee, Jason Tien-Chia Tsai, and Dr. Chao-Jen Huang.
Max materiality 0.85 · Median 0.55 · Most common event other_material