EFOI · Energy Focus, Inc.

Summary

Energy Focus, Inc. issued a press release announcing financial results for the fourth quarter and full year ended December 31, 2025, reporting full-year net sales of $3.6 million, gross profit margin of 18.9%, operating loss of $1.0 million, and net loss of $1.0 million or $(0.18) per share. Cash increased to $1.1 million as of December 31, 2025, supported by $2.1 million in common stock issuance proceeds.

Key takeaways

• Full-year 2025 net sales $3.6 million, down 26.7% from $4.9 million in 2024
• Full-year 2025 gross profit margin 18.9% vs 14.4% in 2024
• Full-year 2025 net loss $1.0 million or $(0.18) per basic and diluted share vs $1.6 million or $(0.32) per share in 2024
• Q4 2025 net sales $1.0 million, down 23.7% from $1.3 million in Q4 2024
• Cash $1.1 million as of December 31, 2025 vs $0.6 million as of December 31, 2024
• November 2025 private placement of 524,018 common shares at $2.29 per share to CEO and affiliate