secwatch.observer — SEC 8-K summary
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Issuer:     TIGO ENERGY, INC. (TYGO)
CIK:        0001855447
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001213900-24-013317
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tigo Energy Q4 revenue down 70% YoY to $9.2M; net loss $14.8M vs income $0.9M
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- Revenue $9.2M in Q4 2023 vs $30.9M Q4 2022; gross margin 31.1% vs 32.2%.
- Net loss $14.8M vs net income $0.9M; adjusted EBITDA loss $11.6M vs EBITDA $2.7M.
- Full year 2023 revenue up 78.6% to $145.2M; net loss narrowed to $1.0M from $7.0M.
- Cash and equivalents $33.2M at Dec 31, 2023.
- Q1 2024 guidance: revenue $9-14M; adjusted EBITDA loss $8-12M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855447/000121390024013317/0001213900-24-013317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855447/000121390024013317/ea193583-8k_tigoenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-013317

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer