Energy Focus Sells $1.2 Million in Unregistered Shares to CEO and Affiliate

Energy Focus Inc. announced a private placement of 524,018 unregistered shares to CEO Chiao Chieh Huang and MAN-BO HOTEL CO. LTD, raising $1.2 million. Shares were sold at $2.29 each, under exemptions from the Securities Act of 1933. The transaction was disclosed via EDGAR by the U.S. SEC.

Energy-efficient systems maker Energy Focus Q3 sales hit by weak demand, cost cuts lift margins

Energy Focus reported a 30.9% year-over-year decline in Q3 net sales, attributed to decreased military and commercial sales amid a weakened economy and high inflation. However, gross profit margin improved to 17.8% from 15.7% due to cost reductions, including lower temporary labor and fixed expenses. The company did not provide specific guidance for future quarters. Key metrics included Q3 sales of $800,000 and a net loss of $200,000.

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

Energy Focus | 8-K: FY2025 Q3 Revenue: USD 826 K

Energy Focus Inc. reports third quarter adjusted EBITDA loss of $0.1 million

Energy Focus Inc. reported a third quarter 2025 adjusted EBITDA loss of $0.1 million, an improvement from a loss of $0.4 million in Q3 2024 and $0.3 million in Q2 2025, attributed to higher variable margins. For the nine months ended September 30, 2025, net cash used in operating activities was $0.5 million, with a net loss of $0.7 million after adjustments for non-cash items and working capital changes.