Greg Weaver's questions to Acorn Energy Inc (ACFN) leadership • Q4 2024
Question
Sought further clarification on the 40% contract increase, asking if it was incremental to the original $5 million order. Also asked about the future GAAP tax rate and reporting of non-GAAP/cash EPS following the release of the deferred tax asset.
Answer
The company clarified the 40% increase is in the number of units, not necessarily dollar value, and is incremental to the original order. Regarding taxes, they do not plan to report non-GAAP measures but will aim to provide clarity in future releases on the portion of EPS related to the deferred tax asset versus ongoing operations.