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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,259,000 $ 1,722,000
Accounts receivable, net 584,000 876,000
Inventory, net 915,000 617,000
Deferred cost of goods sold 858,000 799,000
Other current assets 221,000 229,000
Total current assets 3,837,000 4,243,000
Property and equipment, net 687,000 517,000
Right-of-use assets, net 349,000 399,000
Deferred cost of goods sold 772,000 714,000
Other assets 178,000 169,000
Total assets 5,823,000 6,042,000
Current liabilities:    
Accounts payable 340,000 457,000
Accrued expenses 156,000 164,000
Deferred revenue 3,642,000 3,541,000
Current operating lease liabilities 111,000 107,000
Other current liabilities 43,000 34,000
Total current liabilities 4,292,000 4,303,000
Long-term liabilities:    
Deferred revenue 1,993,000 1,852,000
Long-term operating lease liabilities 279,000 336,000
Other long-term liabilities 14,000 12,000
Total long-term liabilities 2,286,000 2,200,000
Commitments and contingencies (Note 5)
Acorn Energy, Inc. shareholders    
Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; Issued – 39,687,589 shares at June 30, 2022 and December 31, 2021 397,000 397,000
Additional paid-in capital 102,857,000 102,804,000
Accumulated deficit (100,980,000) (100,634,000)
Treasury stock, at cost – 801,920 shares at June 30, 2022 and December 31, 2021 (3,036,000) (3,036,000)
Total Acorn Energy, Inc. shareholders’ deficit (762,000) (469,000)
Non-controlling interest 7,000 8,000
Total deficit (755,000) (461,000)
Total liabilities and deficit $ 5,823,000 $ 6,042,000