---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-017802"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T19:13:56.045153+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capstone Green Energy Q2 revenue up 21% to $20.8M; net loss improves to $4.9M; EaaS rentals grow 168%

## Summary
- Revenue $20.8M (+21% YoY); product bookings $15.4M, backlog $28.9M.
- Net loss $4.9M improved from $6.0M loss YoY; Adj. EBITDA -$2.2M, improved 19% YoY.
- Gross margin fell to 11% from 25% due to $1.6M supply chain costs for C1000 enclosures/recuperators.
- EaaS rental units under contract 34 MW (+168% YoY); rental revenue $1.8M (+200% YoY) at 72% margin.
- Cash $23.8M after $7.3M public equity offering; plans price increase Jan 2023 to offset costs.

## SEC filing metadata
- accession: 0001558370-22-017802
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837022017802/0001558370-22-017802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837022017802/cgrn-20221114x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-017802
- JSON: https://secwatch.observer/filing/0001558370-22-017802.json
- Plain text: https://secwatch.observer/filing/0001558370-22-017802.txt

## Key facts
- Earnings Releases
  Capstone Energy Plus, Inc. reported second quarter ended September 30, 2022 results: revenue $20.8 million, net income Net loss of $4.9 million.
  - Period: second quarter ended September 30, 2022
  - Revenue: $20.8 million
  - Net income: Net loss of $4.9 million
  - Result: reported results
  source text: execute on its Energy-as-a-Service (EaaS) business plan. Second Quarter and First Half Fiscal 2023 Highlights: ◾ Revenues for the second quarter ending September 30, 2022, were $20.8 million, up 11% from $18.7 million in revenue during the first quarter ended June 30, 2022, and up 21% from $17.2 million in the year-ago September quarter. ◾ Revenues for the first half
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837022017802/0001558370-22-017802-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.