secwatch.observer — SEC 8-K summary
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Issuer:     Capstone Energy Plus, Inc. (CGEH)
CIK:        0001009759
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001558370-22-017802
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009759/000155837022017802/0001558370-22-017802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009759/000155837022017802/cgrn-20221114x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-017802

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