---
schema_version: "secwatch.filing_event.v1"
accession: "0001840292-24-000020"
form_type: "8-K"
ticker: null
cik: "0001840292"
company_name: "Heliogen, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:01:59.484538+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Heliogen reports Q1 revenue $1.5M, net loss $15.2M; backlog $76.2M, liquidity $60.7M

## Summary
- Revenue $1.5M, net loss $(15.2)M, Adjusted EBITDA $(14.9)M.
- Contracted revenue backlog $76.2M, added $1.8M from DOE solar thermal calciner award.
- 1.9 GW opportunity pipeline; first commercial-scale steam plant in west Texas on track for year-end 2024.
- Available liquidity $60.7M ($58.2M cash, $2.5M investments), no debt.
- Ongoing cost reduction review and strategic alternatives exploration with financial advisor.

## SEC filing metadata
- accession: 0001840292-24-000020
- form_type: 8-K
- cik: 0001840292
- company_name: Heliogen, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000020/0001840292-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000020/hlg-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840292-24-000020
- JSON: https://secwatch.observer/filing/0001840292-24-000020.json
- Plain text: https://secwatch.observer/filing/0001840292-24-000020.txt

## Key facts
- Earnings Releases
  Heliogen, Inc. reported first quarter 2024 results: revenue $1.5 million, net income $(15.2) million.
  - Period: first quarter 2024
  - Revenue: $1.5 million
  - Net income: $(15.2) million
  - Result: reported results
  source text: Heliogen reported total revenue of $1.5 million and a net loss of $(15.2) million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840292/000184029224000020/0001840292-24-000020-index.htm

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