For the quarter ending 2025-09-30, TGEN has $41,464,288 in assets. $16,146,907 in debts. $15,253,975 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 15,253,975 | 1,640,864 | ||
| Accounts receivable, net | 6,220,441 | 6,640,483 | ||
| Unbilled revenue | 126,738 | 126,738 | ||
| Inventories, net | 9,558,084 | 9,679,229 | ||
| Prepaid and other current assets | 918,835 | 949,256 | ||
| Total current assets | 32,078,073 | 19,036,570 | ||
| Property, plant and equipment, net | 1,788,248 | 1,820,059 | ||
| Right-of-use assets - operating leases | 1,610,839 | 1,728,780 | ||
| Right-of-use assets - finance leases | 1,305,353 | 933,671 | ||
| Intangible assets, net | 2,236,151 | 2,330,959 | ||
| Goodwill | 2,346,566 | 2,346,566 | ||
| Other assets | 99,058 | 155,232 | ||
| Total assets | 41,464,288 | 28,351,837 | ||
| Related party notes, current portion | 0 | 0 | ||
| Accounts payable | 3,417,293 | 4,946,218 | ||
| Accrued expenses | 2,987,784 | 2,976,211 | ||
| Deferred revenue, current portion | 3,693,732 | 4,420,644 | ||
| Operating lease liabilities, current portion | 534,397 | 481,891 | ||
| Finance lease liabilities, current portion | 252,406 | 173,362 | ||
| Acquisition liabilities, current portion | 861,479 | 883,541 | ||
| Unfavorable contract liability, current portion | 73,368 | 83,962 | ||
| Total current liabilities | 11,820,459 | 13,965,829 | ||
| Related party notes, net of current portion | - | 1,067,848 | ||
| Deferred revenue, net of current portion | 1,189,074 | 1,252,831 | ||
| Operating lease liabilities, net of current portion | 1,126,695 | 1,295,450 | ||
| Finance lease liabilities, net of current portion | 934,109 | 675,198 | ||
| Acquisition liabilities, net of current portion | 816,951 | 878,151 | ||
| Unfavorable contract liability, net of current portion | 259,619 | 275,079 | ||
| Total liabilities | 16,146,907 | 19,410,386 | ||
| Common stock, 0.001 par value 100,000,000 shares authorized 29,818,979 issued and outstanding at september 30, 2025 and 24,950,261 shares issued and outstanding at december 31, 2024 | 29,819 | 25,571 | ||
| Additional paid-in capital | 78,090,221 | 58,837,181 | ||
| Unearned compensation | 762,292 | - | ||
| Accumulated deficit | -51,894,868 | -49,763,921 | ||
| Total tecogen inc. stockholders equity | 25,462,880 | 9,098,831 | ||
| Non-controlling interest | -145,499 | -157,380 | ||
| Total stockholders equity | 25,317,381 | 8,941,451 | ||
| Total liabilities and stockholders equity | 41,464,288 | 28,351,837 | ||
TECOGEN INC. (TGEN)
TECOGEN INC. (TGEN)