Tecogen Inc. (TGEN)

Tecogen Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.64	5.41	1.35	1.91	3.61	1.49
Cash & Short-Term Investments	1.64	5.41	1.35	1.91	3.61	1.49
Cash Growth	94.90%	300.01%	-29.40%	-47.05%	142.55%	69.79%
Accounts Receivable	6.77	6.43	7.99	8.52	11.74	12.94
Other Receivables	-	-	0.05	0.71	1.28	-
Receivables	6.77	6.43	8.04	9.23	13.02	12.94
Inventory	9.68	9.63	10.55	10.48	7.76	7.17
Prepaid Expenses	0.95	0.68	0.36	0.4	0.58	0.6
Total Current Assets	19.04	22.15	20.31	22.03	24.97	22.19
Property, Plant & Equipment	4.48	3.92	2.11	2.65	3.65	3.92
Goodwill	2.35	2.35	2.74	2.41	2.41	2.41
Other Intangible Assets	2.33	2.51	2.44	1	1.18	1.36
Other Long-Term Assets	0.08	0.17	0.2	0.17	0.15	0.2
Total Assets	28.35	31.09	27.79	28.25	32.36	30.07
Accounts Payable	4.95	4.14	4.51	3.26	3.51	4.18
Accrued Expenses	2.98	2.77	2.36	2.25	2.18	1.83
Short-Term Debt	-	1.55	0.51	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	0.84
Current Portion of Leases	0.66	0.52	0.29	0.69	0.64	0.51
Current Unearned Revenue	4.42	6.7	1.65	1.12	1.96	1.29
Other Current Liabilities	0.97	1.14	1.16	0.37	0.49	0.52
Total Current Liabilities	13.97	16.82	10.48	7.69	8.78	9.17
Long-Term Debt	1.07	-	-	-	-	1.04
Long-Term Leases	1.97	1.67	0.68	0.62	1.32	1.22
Long-Term Unearned Revenue	1.25	1.17	0.37	0.37	0.21	0.12
Other Long-Term Liabilities	1.15	1.32	1.6	0.58	0.93	1.26
Total Liabilities	19.41	20.97	13.14	9.27	11.23	12.81
Common Stock	0.03	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	58.84	57.85	57.6	57.35	57.02	56.81
Retained Earnings	-49.76	-47.64	-42.88	-38.28	-35.83	-39.53
Total Common Equity	9.1	10.23	14.75	19.09	21.21	17.31
Minority Interest	-0.16	-0.1	-0.09	-0.11	-0.08	-0.04
Shareholders' Equity	8.94	10.13	14.65	18.99	21.13	17.27
Total Liabilities & Equity	28.35	31.09	27.79	28.25	32.36	30.07
Total Debt	3.69	3.73	1.48	1.31	1.96	3.6
Net Cash (Debt)	-1.98	1.67	-0.13	0.6	1.66	-2.11
Net Cash Growth	-	-	-	-63.64%	-	-
Net Cash Per Share	-0.08	0.07	-0.01	0.02	0.07	-0.09
Filing Date Shares Outstanding	25.57	24.99	24.85	24.85	24.85	24.85
Total Common Shares Outstanding	25.57	24.95	24.85	24.85	24.85	24.85
Working Capital	5.07	5.33	9.82	14.34	16.19	13.02
Book Value Per Share	0.36	0.41	0.59	0.77	0.85	0.70
Tangible Book Value	4.42	5.37	9.57	15.69	17.62	13.54
Tangible Book Value Per Share	0.17	0.22	0.38	0.63	0.71	0.54
Machinery	4.67	4.63	4.77	4.63	5.21	5.17
Leasehold Improvements	1.11	0.91	0.47	0.47	0.47	0.45
Order Backlog	-	12.34	7.39	6.72	11.32	8.27

Updated May 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q