For the quarter ending 2026-03-31, TGEN has $34,464,758 in assets. $14,924,635 in debts. $9,332,650 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 9,332,650 | 12,430,287 | 15,253,975 | 1,640,864 |
| Accounts receivable, net of allowances for expected credit losses of 416,448 and 389,079, respectively | 5,056,943 | 4,280,991 | 6,220,441 | 6,640,483 |
| Inventories, net | 11,439,973 | 10,949,697 | 9,558,084 | 9,679,229 |
| Unbilled revenue | 138,020 | 138,020 | 126,738 | 126,738 |
| Prepaid and other current assets | 581,756 | 1,086,310 | 918,835 | 949,256 |
| Total current assets | 26,549,342 | 28,885,305 | 32,078,073 | 19,036,570 |
| Property, plant and equipment, net | 1,558,124 | 1,609,321 | 1,788,248 | 1,820,059 |
| Right-of-use assets - operating leases | 1,366,435 | 1,490,094 | 1,610,839 | 1,728,780 |
| Right-of-use assets - finance leases | 1,606,080 | 1,434,080 | 1,305,353 | 933,671 |
| Intangible assets, net | 2,056,855 | 2,146,503 | 2,236,151 | 2,330,959 |
| Goodwill | 1,248,442 | 1,248,442 | 2,346,566 | 2,346,566 |
| Other assets | 79,480 | 176,358 | 99,058 | 155,232 |
| Total assets | 34,464,758 | 36,990,103 | 41,464,288 | 28,351,837 |
| Related party notes, current portion | - | - | 0 | 0 |
| Related party notes payable | - | 0 | - | - |
| Accounts payable | 3,612,215 | 3,381,545 | 3,417,293 | 4,946,218 |
| Accrued expenses | 2,641,746 | 2,814,150 | 2,987,784 | 2,976,211 |
| Deferred revenue, current portion | 950,867 | 1,530,977 | 3,693,732 | 4,420,644 |
| Operating lease liability, current portion | 527,990 | 538,641 | 534,397 | 481,891 |
| Finance lease liability, current portion | 349,943 | 280,265 | 252,406 | 173,362 |
| Acquisition liabilities, current portion | 674,019 | 677,162 | 861,479 | 883,541 |
| Unfavorable contract liability, current portion | 41,893 | 44,433 | 73,368 | 83,962 |
| Total current liabilities | 8,798,673 | 9,267,173 | 11,820,459 | 13,965,829 |
| Related party notes, net of current portion | - | - | - | 1,067,848 |
| Deferred revenue, net of current portion | 3,244,037 | 3,265,886 | 1,189,074 | 1,252,831 |
| Operating lease liability, net of current portion | 892,239 | 1,004,488 | 1,126,695 | 1,295,450 |
| Finance lease liability, net of current portion | 1,085,015 | 992,285 | 934,109 | 675,198 |
| Acquisition liabilities, net of current portion | 754,029 | 826,757 | 816,951 | 878,151 |
| Unfavorable contract liability, net of current portion | 150,642 | 160,902 | 259,619 | 275,079 |
| Total liabilities | 14,924,635 | 15,517,491 | 16,146,907 | 19,410,386 |
| Common stock, 0.001 par value 100,000,000 shares authorized 29,905,229 issued and outstanding at march 31, 2026 and 29,846,479 shares issued and outstanding at december 31, 2025 | 29,906 | 29,847 | 29,819 | 25,571 |
| Additional paid-in capital | 78,353,394 | 78,216,467 | 78,090,221 | 58,837,181 |
| Unearned compensation | 662,839 | 712,019 | 762,292 | - |
| Accumulated deficit | -58,009,222 | -55,888,649 | -51,894,868 | -49,763,921 |
| Total tecogen inc. stockholders equity | 19,711,239 | 21,645,646 | 25,462,880 | 9,098,831 |
| Noncontrolling interest | -171,116 | -173,034 | -145,499 | -157,380 |
| Tecogen inc. shareholders equity | 19,540,123 | 21,472,612 | 25,317,381 | 8,941,451 |
| Total liabilities and stockholders equity | 34,464,758 | 36,990,103 | 41,464,288 | 28,351,837 |
TECOGEN INC. (TGEN)
TECOGEN INC. (TGEN)