Energy Focus | 10-Q: FY2025 Q3 Revenue: USD 826 K

Revenue: As of FY2025 Q3, the actual value is USD 826 K.

EPS: As of FY2025 Q3, the actual value is USD -0.03.

EBIT: As of FY2025 Q3, the actual value is USD -175 K.

Commercial Products: Revenue for the three months ended September 30, 2025, was $202,000, a decrease from $350,000 in the same period in 2024. For the nine months ended September 30, 2025, revenue was $1,178,000, an increase from $1,004,000 in 2024.
MMM Products: Revenue for the three months ended September 30, 2025, was $621,000, a decrease from $846,000 in the same period in 2024. For the nine months ended September 30, 2025, revenue was $1,382,000, a decrease from $2,578,000 in 2024.
Setup Service: Revenue for the three months ended September 30, 2025, was $3,000, with no revenue recorded in the same period in 2024. For the nine months ended September 30, 2025, revenue was $25,000, with no revenue recorded in 2024.

Net Loss: For the three months ended September 30, 2025, the net loss was $172,000, a decrease from $316,000 in the same period in 2024. For the nine months ended September 30, 2025, the net loss was $671,000, a decrease from $1,288,000 in 2024.
Gross Profit: For the three months ended September 30, 2025, gross profit was $147,000, representing 17.8% of net sales, compared to $188,000 or 15.7% of net sales in the same period in 2024. For the nine months ended September 30, 2025, gross profit was $488,000, representing 18.9% of net sales, compared to $434,000 or 12.1% of net sales in 2024.

Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was $542,000, compared to $1,043,000 in the same period in 2024.
Net Cash Used in Investing Activities: For the nine months ended September 30, 2025, net cash used in investing activities was $41,000, compared to $19,000 in the same period in 2024.
Net Cash Provided by Financing Activities: For the nine months ended September 30, 2025, net cash provided by financing activities was $900,000, compared to net cash used of $149,000 in the same period in 2024.

Core Business Focus: Energy Focus, Inc. aims to enhance customer loyalty by re-establishing its service model and providing targeted customer service. The company is also focusing on integrating sustainable economy principles into its supply chain management and adopting a ‘Green Supply Chain’ strategy.
Non-Core Business: The company is actively expanding its commercial product offerings, including UPS systems for data centers, and continues to advance the expansion of product lines such as Energy Storage Systems and GaN-based power supplies.
Priority: The company is focused on improving profitability through developing and launching new, innovative products and executing a multi-channel sales strategy targeting key verticals such as government, healthcare, education, and commercial and industrial sectors.