Tecogen Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $12.4M | $5.4M | $1.4M | $1.9M | $3.6M | $1.5M | $877.7K | $272.6K |
| Accounts Receivable | $4.3M | $6.0M | $6.7M | $6.7M | $8.5M | $8.7M | $14.6M | $14.2M |
| Inventory | $10.9M | $9.6M | $10.6M | $10.5M | $7.8M | $7.2M | $6.4M | $6.3M |
| Total Current Assets | $28.9M | $22.1M | $20.3M | $22.0M | $25.0M | $22.2M | $27.9M | $26.4M |
| Property, Plant & Equipment | $1.6M | $1.7M | $1.2M | $1.4M | $1.8M | $2.3M | $3.5M | $11.3M |
| Goodwill | $1.2M | $2.3M | $2.7M | $2.4M | $2.4M | $2.4M | $5.3M | $9.0M |
| Intangible Assets (Excl. Goodwill) | $2.1M | $2.5M | $2.4M | $997.6K | $1.2M | $1.4M | $1.6M | $2.9M |
| Total Assets | $37.0M | $31.1M | $27.8M | $28.3M | $32.4M | $30.1M | $41.1M | $49.9M |
| Liabilities | ||||||||
| Accounts Payable | $3.4M | $4.1M | $4.5M | $3.3M | $3.5M | $4.2M | $5.3M | $7.2M |
| Total Current Liabilities | $9.3M | $16.8M | $10.5M | $7.7M | $8.8M | $9.2M | $13.4M | $13.2M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $15.5M | $21.0M | $13.1M | $9.3M | $11.2M | $12.8M | $17.8M | $21.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-55.9M | $-47.6M | $-42.9M | $-38.3M | $-35.8M | $-39.5M | $-33.4M | $-28.7M |
| Total Stockholders' Equity | $21.6M | $10.2M | $14.7M | $19.1M | $21.2M | $17.3M | $23.3M | $27.8M |