# EDGAR Filing Document

**Accession Number:** 0000924168
**File Stem:** 0001628280-26-025002
**Filing Date:** 2026-4
**Character Count:** 12720
**Document Hash:** dc51c96cb0f893d130b78fe9ea02fa53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-26-025002.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001628280-26-025002

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260330

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ENERGY FOCUS, INC/DE
- **CENTRAL INDEX KEY:** 0000924168
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 943021850
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36583
- **FILM NUMBER:** 26859301

**BUSINESS ADDRESS:**
- **STREET 1:** 32000 AURORA ROAD
- **STREET 2:** SUITE B
- **CITY:** SOLON
- **STATE:** OH
- **ZIP:** 44139
- **BUSINESS PHONE:** 4407151300

**MAIL ADDRESS:**
- **STREET 1:** 32000 AURORA ROAD
- **STREET 2:** SUITE B
- **CITY:** SOLON
- **STATE:** OH
- **ZIP:** 44139

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIBERSTARS INC /CA/
- **DATE OF NAME CHANGE:** 19940527

?xml version='1.0' encoding='ASCII'? efoi-20260330

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of Earliest Event Reported): April 14, 2026

**ENERGY FOCUS, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-36583** | **94-3021850** |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |

---

---

| | | | |
|:---|:---|:---|:---|
| **32000 Aurora Road Suite B** | **Solon,** | **OH** | **44139** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

**(440) 715-1300**

(Registrant's telephone number, including area code)

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange<br>on which registered** |
| **Common Stock, par value $0.0001 per share** | **EFOI** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company &nbsp;&nbsp;&nbsp;&nbsp;☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 7.01. Regulation FD Disclosure.**

On April 14, 2026, Energy Focus, Inc. issued a press release announcing its joint investment in an energy storage power plant project located in Asakura, Fukuoka, Japan, together with Meihodo Co., Ltd. and Euka Power Japan Co., Ltd.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.

---

| | |
|:---|:---|
| **Exhibit** | |
| **<u>Number</u>** | **<u>Description</u>** |
| 99.1 | <u>[Press Release Dated April 14, 2026](ex991efoi20260414pressrele.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Dated: April 14, 2026 |  |  |
|  | **ENERGY FOCUS, INC.** | **ENERGY FOCUS, INC.** |
|  | By: | /s/ Chiao Chieh (Jay) Huang |
|  | Name: | Chiao Chieh (Jay) Huang |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

![ef_logoxtaglinexlockupxcmy.jpg](ef_logoxtaglinexlockupxcmy.jpg)

**Exhibit 99.1**

**Energy Focus, Inc. Announces Strategic Entry into Japan's Energy Storage Market**

SOLON, Ohio -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable, energy-efficient light-emitting diode ("LED") lighting and energy infrastructure solutions, today announced a joint investment with Japan's Meihodo Co., Ltd. and Euka Power Japan Co., Ltd. in an energy storage power plant located in Asakura, Fukuoka, Japan. Holding a 35% stake, EFOI will play a lead role in battery procurement and related energy management functions, positioning the Company to participate in the power regulation market, one of the most valuable segments in the global energy industry. The project has already received a grid application response from Kyushu Electric Power and is expected to reach Commercial Operation Date ("COD") in the second half of 2026. This milestone will translate into visible revenue and cash flow, serving as the launchpad for EFOI's "energy platform" strategy.

**Investment Highlights & Strategic Transformation**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Financial Targets:** With a total project investment of approximately 500 million JPY (approximately $3.13 million), of which the Company's 35% share represents approximately 175 million JPY (approximately $1.10 million), the project aims for an Internal Rate of Return ("IRR") exceeding 35%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Revenue Streams:** By leveraging Japan's balancing market, capacity market, and real-time arbitrage mechanisms, the project is designed to generate revenue from multiple power market participation opportunities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Business Pivot:** This highly replicable and scalable model facilitates EFOI's transition from a traditional energy products company into an asset-and-data-driven "Energy-as-a-Service" ("EaaS") platform.

**Market Positioning in Japan**

As one of the world's most critical markets for energy transition, Japan offers high electricity prices, stable demand, and robust policy support. This move is more than a single project investment; it is the core node for EFOI to establish a regional energy network and Virtual Power Plant ("VPP") capabilities. Utilizing its proprietary energy storage technology, Energy Management Systems ("EMS"), and power aggregation capabilities, the company is set to fully penetrate the power trading and energy services market, significantly raising its earnings ceiling.

**Future Outlook and Valuation**

EFOI intends to use this project as a springboard to accelerate expansion across Japan and the broader Asia-Pacific region. Over the next five years, the company is targeting over 1GW in energy storage and energy product sales opportunities, subject to market conditions and successful project execution, tapping into a potential multi-hundred-million-dollar market. As asset scale and profitability rise, EFOI is poised to reshape its valuation logic, emerging as a high-growth energy technology platform of significant interest to capital markets.

"This investment marks a meaningful milestone in Energy Focus' evolution and reflects our confidence in the long-term opportunity within Japan's energy storage and power regulation markets," said Chiao-Chieh (Jay) Huang, Chief Executive Officer of Energy Focus. "We are particularly excited about the combination of attractive project-level returns and the strategic platform it creates for future expansion. This project not only demonstrates the strength of our technology and partners, but also establishes a scalable model that we believe can be replicated across Japan and the broader Asia-Pacific region. As we build out this energy platform, we see a clear path toward recurring revenue, stronger cash flow visibility, and significant long-term value creation for our shareholders."

32000 Aurora Road, Solon, OH 44139&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;www.energyfocus.com&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;800.327.7877

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![ef_logoxtaglinexlockupxcmy.jpg](ef_logoxtaglinexlockupxcmy.jpg)

**About Energy Focus**

Energy Focus is a leader in energy-efficient LED lighting and energy infrastructure solutions. As the creator of the first flicker-free LED lamps, Energy Focus develops high quality LED lighting products and controls that provide extensive energy and maintenance savings, as well as aesthetics, safety, health and sustainability benefits over conventional lighting. Energy Focus is headquartered in Solon, Ohio. For more information, visit our website at www.energyfocus.com. The Company routinely posts important updates on its website.

32000 Aurora Road, Solon, OH 44139&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;www.energyfocus.com&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;800.327.7877

------

![ef_logoxtaglinexlockupxcmy.jpg](ef_logoxtaglinexlockupxcmy.jpg)

**Forward-Looking Statements:**

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Among the specific forward-looking statements in this release are the Company's projected internal rate of return for the Asakura project, the Company's five-year target of over 1GW in energy storage and energy product sales, and the characterization of the associated market opportunity as potentially worth several hundred million dollars. Such projections are subject to significant additional risks and uncertainties, including regulatory approvals in Japan, currency fluctuations, the performance of joint venture partners, energy market conditions, and the availability of project financing, and actual results may differ materially. The Company encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.

###

**Investor Contact:**

Chiao Chieh (Jay) Huang

Chief Executive Officer

(800) 327-7877

32000 Aurora Road, Solon, OH 44139&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;www.energyfocus.com&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;800.327.7877