We derive analytical results on energy spectral phase transitions and deformations in the simplest model of a one-dimensional lattice displaying the non-Hermitian skin effect, namely, the Hatano-Nelson model with unidirectional hopping under on-site potential uncorrelated disorder on the complex energy plane. Although the energy spectrum under open boundary conditions (OBCs) exactly reproduces the distribution of on-site potential disorder, the energy spectrum under periodic boundary conditions (PBC) undergoes spectral deformations, from one or more closed loops in the fully delocalized phase with no overlap with the OBC spectrum to a mixed spectrum (closed loops and some OBC energies) in the mobility edge phase to a complete collapse towar...