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ENERGY FOCUS, INC (EFOI)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  6.09.916.812.718.119.831.064.4
            Revenue growth  -39.5%-41.4%32.5%-29.8%-8.8%-36.0%-51.9%183.7%
Cost of goods sold  6.38.211.610.714.715.023.335.1
Gross profit  -0.31.75.22.03.44.87.729.3
            Gross margin  -5.3%17.2%30.8%15.5%18.8%24.3%24.8%45.5%
Selling, general and administrative  7.18.57.97.49.811.320.116.8
Research and development  1.51.91.41.32.62.93.52.8
Other operating expenses   0.0-0.10.20.11.70.00.5
EBITDA   [+]-8.8-8.5-3.9-6.6-8.6-10.4-15.29.4
            EBITDA margin  -147.4%-86.4%-23.1%-52.2%-47.3%-52.5%-49.0%14.6%
Depreciation and amortization  0.20.20.20.30.50.70.80.3
EBIT   [+]-9.0-8.7-4.1-7.0-9.1-11.1-16.09.1
            EBIT margin  -150.1%-88.3%-24.2%-54.7%-50.2%-55.9%-51.6%14.2%
Non-recurring items   [+]0.3    0.20.8-0.5
Interest expense  1.00.80.50.30.00.0 0.1
Other income (expense), net   [+]0.01.6-1.4-0.10.0-0.10.00.1
Pre-tax income  -10.3-7.9-6.0-7.4-9.1-11.4-16.89.6
Income taxes  0.00.00.00.00.0-0.10.00.1
            Tax rate   0.0%0.1%  1.0% 1.5%
Net income  -10.3-7.9-6.0-7.4-9.1-11.3-16.98.8
            Net margin  -172.6%-80.1%-35.7%-58.2%-50.3%-56.9%-54.5%13.6%
   
Basic EPS   [+]($1.27)($1.73)($1.83)($3.01)($0.76)($0.96)($1.45)$0.91
Diluted EPS   [+]($1.27)($1.73)($1.83)($3.01)($0.76)($0.96)($1.45)$0.88
   
Shares outstanding (basic)   [+]8.14.63.32.512.011.811.710.4
Shares outstanding (diluted)   [+]8.14.63.32.512.011.811.710.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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