10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000924168-20-000033 |
| Period End Date | 20200331 |
| Filing Date | 20200513 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | efoi-20200331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade accounts receivable, less allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$28.00K | USD | Point-in-time |
| Trade accounts receivable, less allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$16.00K | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, authorized (in shares) |
PreferredStockSharesAuthorized
|
2.00M | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
2.71M | shares | Point-in-time |
| Preferred stock, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, outstanding (in shares) |
PreferredStockSharesOutstanding
|
2.71M | shares | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
30.00M | shares | Point-in-time |
| Common stock, authorized (in shares) |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
15.90M | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
12.43M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
15.90M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
12.43M | shares | Point-in-time |
Income Statement
27 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$3.78M | USD | 1 Quarter |
| Net sales |
Revenues
|
$3.18M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$2.75M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$3.08M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$98.00K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.03M | USD | 1 Quarter |
| Product development |
ResearchAndDevelopmentExpense
|
$282.00K | USD | 1 Quarter |
| Product development |
ResearchAndDevelopmentExpense
|
$526.00K | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.03M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.24M | USD | 1 Quarter |
| Restructuring |
RestructuringCosts
|
$134.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$2.29M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$2.90M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-2.80M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-1.26M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$43.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$133.00K | USD | 1 Quarter |
| Income from change in fair value of warrants |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Income from change in fair value of warrants |
FairValueAdjustmentOfWarrants
|
$-873.00K | USD | 1 Quarter |
| Other expenses |
OtherNonoperatingIncomeExpense
|
$-18.00K | USD | 1 Quarter |
| Other expenses |
OtherNonoperatingIncomeExpense
|
$-19.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.87M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-541.00K | USD | 1 Quarter |
| Net loss |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.04 | USD | 1 Quarter |
| Net loss |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.24 | USD | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
15.43M | shares | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12.13M | shares | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
IncomeLossFromContinuingOperations
|
$-2.87M | USD | 1 Quarter |
| Net loss |
IncomeLossFromContinuingOperations
|
$-541.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$105.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$46.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$20.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$543.00K | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Change in fair value of warrant liabilities |
FairValueAdjustmentOfWarrants
|
$-873.00K | USD | 1 Quarter |
| Provision for doubtful accounts receivable |
ProvisionForDoubtfulAccounts
|
$26.00K | USD | 1 Quarter |
| Provision for doubtful accounts receivable |
ProvisionForDoubtfulAccounts
|
$-12.00K | USD | 1 Quarter |
| Provision for slow-moving and obsolete inventories |
InventoryWriteDown
|
$-836.00K | USD | 1 Quarter |
| Provision for slow-moving and obsolete inventories |
InventoryWriteDown
|
$-34.00K | USD | 1 Quarter |
| Provision for warranties |
IncreaseDecreaseInProvisionForWarranties
|
$101.00K | USD | 1 Quarter |
| Provision for warranties |
IncreaseDecreaseInProvisionForWarranties
|
- | USD | 1 Quarter |
| Amortization of loan discounts and origination fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-38.00K | USD | 1 Quarter |
| Amortization of loan discounts and origination fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-20.00K | USD | 1 Quarter |
| Gain on dispositions of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
- | USD | 1 Quarter |
| Gain on dispositions of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$1.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-445.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$210.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-643.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.55M | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$187.00K | USD | 1 Quarter |
| Prepaid and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-459.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-1.33M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-152.00K | USD | 1 Quarter |
| Accrued and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$222.00K | USD | 1 Quarter |
| Accrued and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-195.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-17.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-14.00K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$1.04M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-691.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$504.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.56M | USD | 1 Quarter |
| Acquisitions of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.00K | USD | 1 Quarter |
| Acquisitions of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$47.00K | USD | 1 Quarter |
| Proceeds from the sale of property and equipment |
ProceedsFromSalesOfAssetsInvestingActivities
|
$1.00K | USD | 1 Quarter |
| Proceeds from the sale of property and equipment |
ProceedsFromSalesOfAssetsInvestingActivities
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-47.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.00K | USD | 1 Quarter |
| Proceeds from the issuance of common stock and warrants |
ProceedsFromIssuanceOfCommonStockAndWarrants
|
$-2.75M | USD | 1 Quarter |
| Offering costs paid on the issuance of common stock and warrants |
PaymentsOfStockIssuanceCosts
|
$474.00K | USD | 1 Quarter |
| Principal payments under finance lease obligations |
FinanceLeasePrincipalPayments
|
$1.00K | USD | 1 Quarter |
| Principal payments under finance lease obligations |
FinanceLeasePrincipalPayments
|
$1.00K | USD | 1 Quarter |
| Common stock withheld in lieu of income tax withholding on vesting of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
- | USD | 1 Quarter |
| Common stock withheld in lieu of income tax withholding on vesting of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$111.00K | USD | 1 Quarter |
| Payments on the Iliad Note |
RepaymentsOfNotesPayable
|
- | USD | 1 Quarter |
| Payments on the Iliad Note |
RepaymentsOfNotesPayable
|
$226.00K | USD | 1 Quarter |
| Net proceeds from (payment on) credit line borrowings |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-462.00K | USD | 1 Quarter |
| Net proceeds from (payment on) credit line borrowings |
ProceedsFromRepaymentsOfLinesOfCredit
|
$55.00K | USD | 1 Quarter |
| Proceeds from convertible notes |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds from convertible notes |
ProceedsFromConvertibleDebt
|
$1.66M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.10M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.09M | USD | 1 Quarter |
| Net increase (decrease) in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$2.56M | USD | 1 Quarter |
| Net increase (decrease) in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.47M | USD | 1 Quarter |
| Cash and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$692.00K | USD | Point-in-time |
| Cash and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$6.33M | USD | Point-in-time |
| Cash and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.86M | USD | Point-in-time |
| Cash and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.25M | USD | Point-in-time |
| Cash and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$692.00K | USD | Point-in-time |
| Cash and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$6.33M | USD | Point-in-time |
| Cash and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.86M | USD | Point-in-time |
| Cash and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.25M | USD | Point-in-time |
| Cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$692.00K | USD | Point-in-time |
| Cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$6.33M | USD | Point-in-time |
| Cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.86M | USD | Point-in-time |
| Cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.25M | USD | Point-in-time |
Stockholders Equity
19 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at the beginning of the period |
StockholdersEquity
|
$5.88M | USD | Point-in-time |
| Balance at the beginning of the period |
StockholdersEquity
|
$11.05M | USD | Point-in-time |
| Balance at the beginning of the period |
StockholdersEquity
|
$4.00M | USD | Point-in-time |
| Balance at the beginning of the period |
StockholdersEquity
|
$8.43M | USD | Point-in-time |
| Issuance of common stock under employee stock option and stock purchase plans |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
- | USD | 1 Quarter |
| Issuance of common stock under employee stock option and stock purchase plans |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
- | USD | 1 Quarter |
| Issuance of common stock and warrants |
StockIssuedDuringPeriodValueNewIssues
|
$2.75M | USD | 1 Quarter |
| Offering costs on issuance of common stock and warrants |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$474.00K | USD | 1 Quarter |
| Warrant liability |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$-1.64M | USD | 1 Quarter |
| Conversion of notes to preferred stock |
PreferredStockConversionsInducements
|
$-1.77M | USD | 1 Quarter |
| Common stock withheld in lieu of income tax withholding on vesting of restricted stock units |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$111.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$20.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$543.00K | USD | 1 Quarter |
| Net loss from continuing operations |
IncomeLossFromContinuingOperations
|
$-2.87M | USD | 1 Quarter |
| Net loss from continuing operations |
IncomeLossFromContinuingOperations
|
$-541.00K | USD | 1 Quarter |
| Balance at the end of the period |
StockholdersEquity
|
$5.88M | USD | Point-in-time |
| Balance at the end of the period |
StockholdersEquity
|
$11.05M | USD | Point-in-time |
| Balance at the end of the period |
StockholdersEquity
|
$4.00M | USD | Point-in-time |
| Balance at the end of the period |
StockholdersEquity
|
$8.43M | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income (Loss) Attributable to Parent |
NetIncomeLoss
|
$-2.87M | USD | 1 Quarter |
| Net Income (Loss) Attributable to Parent |
NetIncomeLoss
|
$-541.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-2.87M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-541.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.