Form 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedJune30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from_____________to_____________ Commissionfile number 001-36583 ENERGY FOCUS, INC. (Exact name of registrant as specified in its charter) 94-3021850 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 32000AuroraRoad, Suite B Solon, OH (Address of principal executive offices) None (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☑Smaller reporting company☑Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ TABLE OF CONTENTSPART I - FINANCIAL INFORMATION PART I - FINANCIAL INFORMATION Forward-looking statements Unless the context otherwise requires, all references to “Energy Focus,” “we,” “us,” “our,” “our company,” or “the Company” referto Energy Focus, Inc., a Delaware corporation, and its consolidated subsidiary for the applicable periods, considered as a singleenterprise. This Quarterly Report on Form 10-Q (this “Quarterly Report”) includes statements that express our opinions, expectations, beliefs,plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be,“forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), andSection 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements can generallybe identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “feels,”“seeks,” “forecasts,” “projects,” “intends,” “plans,” “may,” “will,” “should,” “could” or “would” or, in each case, their negative orother variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Theyappear in a number of places throughout this Quarterly Report and include statements regarding our intentions, beliefs,or currentexpectations concerning, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategies,capital expenditures,and the industry in which we operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstancesthat may or may not occur in the future. Although we base these forward-looking statements on assumptions that we believe arereasonable when made in light of the information currently available to us, we caution you that forward-looking statements are notguarantees of future performance and that our actual results of operations, financial condition and liquidity, and industry developmentsmay differ materially from statements made in or suggested by the forward-looking statements contained in this Quarterly Report. Inaddition, even if our results of operations, financial condition and liquidity, and industry developments are consistent with the forward-looking statements contained in this Quarterly Report, those results or developments may not be indicative of results or developments insubsequent periods. We believe that important factors that could cause our actual results to differ materially from forward-looking statements include, butare not limited to, the risks and u