NOTE 1. NATURE OF OPERATIONS
Energy Focus, Inc. and its subsidiaries (the “Company”) engage in the design, development, manufacturing, marketing, and
installation of energy-efficient lighting systems and solutions where the Company serves two segments:
•
solutions-based sales providing turnkey, high-quality, energy-efficient lighting application alternatives primarily to the existing public-sector
building market; and
•
product-based sales providing military, general commercial and industrial lighting and pool lighting offerings, each of which markets and sells
energy-efficient lighting systems.
The Company continues to evolve its business strategy to include providing its customers
with turnkey, comprehensive energy-efficient lighting solutions, which use, but are not limited to, its patented and proprietary technology. Company product-based solutions include light-emitting diode (“LED”), fiber optic, high-intensity
discharge (“HID”), fluorescent tube and other highly energy-efficient lighting technologies. Typical savings related to the current technology of the Company approximates 80% in electricity costs, while providing full-spectrum light
closely simulating daylight colors. The Company’s strategy also incorporates continued investment into the research of new and emerging energy sources including, but not limited to, LED and solar energy applications.
Free historical financial statements for Energy Focus Inc.
See how revenue, income, cash flow, and balance sheet financials have changed over 51 quarters since 2012. Compare with EFOI stock chart to see long term trends.
Data imported from Energy Focus Inc SEC filings. Check original filings before making any investment decision.