Tecogen Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	15.25	5.41	1.35	1.91	3.61	1.49
Cash & Short-Term Investments	15.25	5.41	1.35	1.91	3.61	1.49
Cash Growth	1089.64%	300.01%	-29.40%	-47.05%	142.55%	69.79%
Accounts Receivable	6.35	6.43	7.99	8.52	11.74	12.94
Other Receivables	-	-	0.05	0.71	1.28	-
Receivables	6.35	6.43	8.04	9.23	13.02	12.94
Inventory	9.56	9.63	10.55	10.48	7.76	7.17
Prepaid Expenses	0.92	0.68	0.36	0.4	0.58	0.6
Total Current Assets	32.08	22.15	20.31	22.03	24.97	22.19
Property, Plant & Equipment	4.7	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	2.24	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	41.46	31.09	27.79	28.25	32.36	30.07
Accounts Payable	3.42	4.14	4.51	3.26	3.51	4.18
Accrued Expenses	2.99	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	0.79	0.52	0.29	0.69	0.64	0.51
Current Unearned Revenue	3.69	6.7	1.65	1.12	1.96	1.29
Other Current Liabilities	0.93	1.14	1.16	0.37	0.49	0.52
Total Current Liabilities	11.82	16.82	10.48	7.69	8.78	9.17
Long-Term Debt	-	-	-	-	-	1.04
Long-Term Leases	2.06	1.67	0.68	0.62	1.32	1.22
Long-Term Unearned Revenue	1.19	1.17	0.37	0.37	0.21	0.12
Other Long-Term Liabilities	1.08	1.32	1.6	0.58	0.93	1.26
Total Liabilities	16.15	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	78.09	57.85	57.6	57.35	57.02	56.81
Retained Earnings	-51.89	-47.64	-42.88	-38.28	-35.83	-39.53
Comprehensive Income & Other	-0.76	-	-	-	-	-
Total Common Equity	25.46	10.23	14.75	19.09	21.21	17.31
Minority Interest	-0.15	-0.1	-0.09	-0.11	-0.08	-0.04
Shareholders' Equity	25.32	10.13	14.65	18.99	21.13	17.27
Total Liabilities & Equity	41.46	31.09	27.79	28.25	32.36	30.07
Total Debt	2.85	3.73	1.48	1.31	1.96	3.6
Net Cash (Debt)	12.43	1.67	-0.13	0.6	1.66	-2.11
Net Cash Growth	-	-	-	-63.64%	-	-
Net Cash Per Share	0.48	0.07	-0.01	0.02	0.07	-0.09
Filing Date Shares Outstanding	29.85	24.99	24.85	24.85	24.85	24.85
Total Common Shares Outstanding	29.82	24.95	24.85	24.85	24.85	24.85
Working Capital	20.26	5.33	9.82	14.34	16.19	13.02
Book Value Per Share	0.85	0.41	0.59	0.77	0.85	0.70
Tangible Book Value	20.88	5.37	9.57	15.69	17.62	13.54
Tangible Book Value Per Share	0.70	0.22	0.38	0.63	0.71	0.54
Machinery	4.63	4.63	4.77	4.63	5.21	5.17
Leasehold Improvements	1.14	0.91	0.47	0.47	0.47	0.45
Order Backlog	-	12.34	7.39	6.72	11.32	8.27

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q