secwatch.observer — SEC 8-K summary
======================================

Issuer:     TECOGEN INC. (TGEN)
CIK:        0001537435
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001537435-24-000060
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tecogen Q1 2024 revenue $6.2M up 15% YoY; net loss narrows to $1.1M
-------------------------------------------------------------------

- Q1 2024 revenue $6.2M vs $5.4M YoY; service revenue record $4.0M (+28% YoY).
- Net loss $1.1M ($0.04 loss per share) vs $1.5M ($0.06 loss per share) in Q1 2023.
- Adjusted EBITDA improved to negative $0.9M from negative $1.3M in prior year.
- Generated $0.2M cash from operations; cash balance $1.5M at quarter end.
- Product revenue declined 12.8% to $1.5M; energy production revenue up 27.5% to $680K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1537435/000153743524000060/0001537435-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1537435/000153743524000060/tgen-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001537435-24-000060

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