secwatch.observer — SEC 8-K summary
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Issuer:     TECOGEN INC. (TGEN)
CIK:        0001537435
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001537435-24-000119
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tecogen Q3 revenue down 20.8% to $5.63M; net loss widens to $0.93M
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- Revenue $5.63M vs $7.11M YoY (-20.8%); net loss $0.93M vs $0.48M; EPS loss $0.04.
- Products segment revenue fell 52.7% to $1.39M due to manufacturing relocation; production resumed in Q3.
- Service revenue $3.85M (flat); energy production $389K (+17.3%).
- Backlog climbed to $10.8M; CEO expects sequential revenue increases and first data center projects in early 2025.
- Cash $1.28M at Sep 30; $1.0M in related-party funding in Q3; used $117K in ops, $839K in capex during nine months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1537435/000153743524000119/0001537435-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1537435/000153743524000119/tgen-20241113.htm
  HTML page:      https://secwatch.observer/filing/0001537435-24-000119

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