Tecogen Inc (TGEN)

Tecogen Reports First Quarter 2026 Financial ResultsMay 12, 2026 5:55 PM
ACCESS NewswireNORTH BILLERICA, MA / ACCESS Newswire / May 12, 2026 / Tecogen Inc. (NYSE American:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.34 million and net loss of $2.12 million for the quarter ended March 31, 2026 compared to revenues of $7.28 million, and a net loss of $0.66 million in 2025. Our cash and cash equivalents balance was $9.33 million at March 31, 2026.Abinand Rangesh, CEO of Tecogen, commented, "We delivered strong progress over the last two months, highlighted by an imminent purchase order from Vertiv for a real-world operating deployment of a 1 MW chiller system. This represents an important step that deepens our partnership and validates growing demand for our technology.""The chillers will be permanently deployed at one of Vertiv's facilities where it solves power constraints. The installation will allow prospective customers to observe the system in use and support broader customer adoption discussions.""Building on this momentum, we are actively advancing multiple data center opportunities. As part of this process, we are hosting prospective customers at our factory in the coming weeks for detailed, in-person reviews of our technology and system performance. Engagements that reach this stage of on-site customer evaluation typically represent later phases of due diligence prior to purchasing decisions.""Operationally, gross profit margin expanded to >40% compared to the end of last year and we are executing on cost reductions to streamline expenses, with the full impact of these cuts expected in the third quarter of this year. We also expect our cash burn to be lower in the coming quarters as a result of these cuts and expected customer deposits.""Beyond data centers, we are capturing demand driven by broader power constraints across the country. We have recently secured or expect to secure more than $8 million in orders. These opportunities, which are incremental to our core data center focus, have the potential to contribute to revenue and cash flow in the near-term."Key TakeawaysNet Loss and Earnings Per ShareNet loss for the quarter ended March 31, 2026 was $2.12 million compared to a net loss of $0.66 million for the same period of 2025, an increase of $1.46 million, due to lower Products segment revenue and gross profit, lower Services segment gross profit and increased operating expenses. EPS for the quarter ended March 31, 2026 and 2025 was a loss of $0.07/share and $0.03/share, respectively.Loss from OperationsLoss from operations for the quarter ended March 31, 2026 was $2.14 million compared to a loss from operations of $0.59 million for the same period in 2025, an increase of $1.54 million, due to lower Products segment revenue and gross profit, lower Services segment gross profit, and increased operating expenses.RevenuesRevenues for the quarter ended March 31, 2026 were $6.34 million compared to $7.28 million for the same period in 2025, a 12.9% decrease.Products revenues in the quarter ended March 31, 2026 were $1.18 million compared to $2.53 million for the same period in 2025, a decrease of 53.6%. The decrease in revenue during the quarter ended March 31, 2026 is due to decreased chiller and cogeneration revenue.Services revenues in the quarter ended March 31, 2026 were $4.64 million, compared to $4.25 million for the same period in 2025, an increase of 9.2% due to increased revenues from existing contracts.Energy Production revenues in the quarter ended March 31, 2026 were $0.52 million compared to $0.50 million for the same period in 2025, an increase of 5.0%. The increase in Energy Production revenue is due to increased run hours at certain energy production sites.Gross ProfitGross profit for the quarter ended March 31, 2026 was $2.59 million compared to $3.22 million in the same period in 2025. Gross margin decreased to 40.9% in the quarter ended March 31, 2026 compared to 44.3% for the same period in 2025. The decrease in gross margin was driven by lower Products segment shipments and increased Services segment labor and material costs in the quarter ended March 31, 2026.Operating ExpensesOperating expenses increased $0.91 million, or 23.9%, to $4.73 million in the quarter ended March 31, 2026 compared to $3.82 million in the same period in 2025, due to a general increase in spending, including research costs incurred to continue to improve and refine the hybrid-drive air-cooled chiller.Adjusted EBITDAAdjusted EBITDA was negative $1.68 million for the quarter ended March 31, 2026 compared to negative $0.38 million for the quarter ended March 31, 2025. (Adjusted EBITDA is defined as net income or loss attributable to Tecogen, adjusted for interest, income taxes, depreciation and amortization, stock-based compensation expense, unrealized gain or loss on investment securities, goodwill impairment charges and other non-cash non-recurring charges or gains including abandonment of intangible assets and asset impairment. See the table following the Condensed Consolidated Statements of Operations for a reconciliation from net income (loss) to Adjusted EBITDA, as well as important disclosures about the Company's use of Adjusted EBITDA).Conference Call Scheduled for May 13, 2026, at 9:30 am ETTecogen will host a conference call on May 13, 2026 to discuss the first quarter results beginning at 9:30 am eastern time. To listen to the call please dial (877) 407-7186 within the U.S. and Canada, or +1 (201) 689-8052 from other international locations. Participants should ask to be joined to the Tecogen First Quarter conference call. Please begin dialing 10 minutes before the scheduled starting time. The earnings press release will be available on the Company website at www.Tecogen.com in the "News and Events" section under "About Us." The earnings conference call will be webcast live. To view the associated slides, register for and listen to the webcast, go to https://ir.tecogen.com/ir-calendar. Following the call, the recording will be archived for 14 days.The earnings conference call will be recorded and available for playback one hour after the end of the call. To listen to the playback, dial (877) 660-6853 within the U.S. and Canada, or (201) 612-7415 from other international locations and use Conference Call ID#: 13752231.About TecogenTecogen Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.Forward Looking StatementsThis press release contains "forward-looking statements" which may describe strategies, goals, outlooks or other non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "could," "likely," or "may" and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements except as required under the securities laws.In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in our Current reports on Form 8-K, under "Risk Factors," and elsewhere therein, among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, the impact of tariffs, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth.In addition to GAAP financial measures, this press release includes certain non-GAAP financial measures, including adjusted EBITDA which excludes certain expenses as described in the presentation. We use Adjusted EBITDA as an internal measure of business operating performance and believe that the presentation of non-GAAP financial measures provides a meaningful perspective of the underlying operating performance of our current business and enables investors to better understand and evaluate our historical and prospective operating performance by eliminating items that vary from period to period without correlation to our core operating performance and highlights trends in our business that may not otherwise be apparent when relying solely on GAAP financial measures.Tecogen Media & Investor Relations Contact Information:Abinand Rangesh
P: 781-466-6487
E: Abinand.Rangesh@tecogen.comTECOGEN INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited)
March 31, 2026 December 31, 2025 ASSETS

Current assets:

Cash and cash equivalents $9,332,650 $12,430,287 Accounts receivable, net of allowances for expected credit losses of $416,448 and $389,079, respectively 5,056,943 4,280,991 Unbilled revenue 138,020 138,020 Inventories, net 11,439,973 10,949,697 Prepaid and other current assets 581,756 1,086,310 Total current assets 26,549,342 28,885,305 Long-term assets: Property, plant and equipment, net 1,558,124 1,609,321 Right-of-use assets - operating leases 1,366,435 1,490,094 Right-of-use assets - finance leases 1,606,080 1,434,080 Intangible assets, net 2,056,855 2,146,503 Goodwill 1,248,442 1,248,442 Other assets 79,480 176,358 TOTAL ASSETS $34,464,758 $36,990,103
LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $3,612,215 $3,381,545 Accrued expenses 2,641,746 2,814,150 Deferred revenue, current portion 950,867 1,530,977 Operating lease liability, current portion 527,990 538,641 Finance lease liability, current portion 349,943 280,265 Acquisition liabilities, current portion 674,019 677,162 Unfavorable contract liability, current portion 41,893 44,433 Total current liabilities 8,798,673 9,267,173
Long-term liabilities: Deferred revenue, net of current portion 3,244,037 3,265,886 Operating lease liability, net of current portion 892,239 1,004,488 Finance lease liability, net of current portion 1,085,015 992,285 Acquisition liabilities, net of current portion 754,029 826,757 Unfavorable contract liability, net of current portion 150,642 160,902 Total liabilities 14,924,635 15,517,491
Commitments and contingencies - - Stockholders' equity: Tecogen Inc. shareholders' equity: Common stock, $0.001 par value; 100,000,000 shares authorized; 29,905,229 issued and outstanding at March 31, 2026 and 29,846,479 shares issued and outstanding at December 31, 2025 29,906 29,847 Additional paid-in capital 78,353,394 78,216,467 Unearned compensation (662,839) (712,019)Accumulated deficit (58,009,222) (55,888,649)Total Tecogen Inc. stockholders' equity 19,711,239 21,645,646 Noncontrolling interest (171,116) (173,034)Total stockholders' equity 19,540,123 21,472,612 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $34,464,758 $36,990,103 TECOGEN INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited)
Three Months Ended
March 31, 2026 March 31, 2025 Revenues

Products $1,175,300 $2,533,809 Services 4,636,394 4,245,022 Energy production 524,075 498,939 Total revenues 6,335,769 7,277,770 Cost of sales Products 647,348 1,487,750 Services 2,700,169 2,258,898 Energy production 398,590 310,082 Total cost of sales 3,746,107 4,056,730 Gross profit 2,589,662 3,221,040 Operating expenses General and administrative 3,718,472 2,928,135 Selling 640,932 594,481 Research and Development 363,823 292,668 Loss on disposition of assets 2,344 - Total operating expenses 4,725,571 3,815,284 Loss from operations (2,135,909) (594,244)Other income (expense) Other income (expense), net 62,398 (14,245)Interest expense (34,244) (32,326)Unrealized loss on investment securities - (18,749)Total other income (expense), net 28,154 (65,320)Loss before income taxes (2,107,755) (659,564)Provision for state income taxes 10,900 925 Consolidated net loss (2,118,655) (660,489)(Income) loss attributable to the noncontrolling interest (1,918) 567 Net loss attributable to Tecogen Inc. $(2,120,573) $(659,922)
Net loss per share - basic $(0.07) $(0.03)Weighted average shares outstanding - basic 29,859,173 24,954,928 Net loss per share - diluted $(0.07) $(0.03)Weighted average shares outstanding - diluted 29,859,173 24,954,928
Three Months Ended
March 31, 2026 March 31, 2025 Non-GAAP financial disclosure (1)

Net loss attributable to Tecogen Inc. $(2,120,573) $(659,922)Interest expense, net 34,244 32,326 Income taxes 10,900 925 Depreciation & amortization, net 265,238 185,695 EBITDA (1,810,191) (440,976)Stock based compensation 131,666 40,833 Unrealized loss on investment securities - 18,749 Adjusted EBITDA $(1,678,525) $(381,394)(1) Non-GAAP Financial MeasuresIn addition to reporting net income, a U.S. generally accepted accounting principle ("GAAP") measure, this news release contains information about Adjusted EBITDA (net income (loss) attributable to Tecogen Inc adjusted for interest, income taxes, depreciation and amortization, stock-based compensation expense, unrealized gain or loss on investment securities, goodwill impairment charges and other non-cash non-recurring charges including abandonment of certain intangible assets), which is a non-GAAP measure. The Company believes Adjusted EBITDA allows investors to view its performance in a manner similar to the methods used by management and provides additional insight into its operating results. Adjusted EBITDA is not calculated through the application of GAAP. Accordingly, it should not be considered as a substitute for the GAAP measure of net income and, therefore, should not be used in isolation of, but in conjunction with, the GAAP measure. The use of any non-GAAP measure may produce results that vary from the GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies.TECOGEN INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
Three Months Ended
March 31, 2026 March 31, 2025 CASH FLOWS FROM OPERATING ACTIVITIES:

Consolidated net loss $(2,118,655) $(660,489)Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 265,238 185,695 Provision for (recovery of) credit losses 27,409 (75,000)Stock-based compensation 131,666 40,833 Unrealized loss on investment securities - 18,749 Loss on disposition of assets 2,344 - Non-cash interest expense - 18,852 Changes in operating assets and liabilities (Increase) decrease in: Accounts receivable (803,359) 252,034 Inventory (490,278) (252,745)Unbilled revenue - 272,160 Prepaid assets and other current assets 408,090 (3,983)Other assets 220,537 71,264 Increase (decrease) in: Accounts payable 230,669 204,237 Accrued expenses and other current liabilities (172,403) (63,742)Deferred revenue (601,959) (1,041,023)Other liabilities (207,420) (140,245)Net cash used in operating activities (3,108,121) (1,173,403)CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (46,118) (132,020)Proceeds from the liquidation of investment securities 96,464 - Distributions to noncontrolling interest - (32,889)Net cash provided by (used) in investing activities 50,346 (164,909)CASH FLOWS FROM FINANCING ACTIVITIES: Finance lease principal payments (94,362) (38,628)Proceeds from exercise of stock options 54,500 38,500 Net cash used in financing activities (39,862) (128)Net increase (decrease) in cash and cash equivalents (3,097,637) (1,338,440)Cash and cash equivalents, beginning of the period 12,430,287 5,405,233 Cash and cash equivalents, end of the period $9,332,650 $4,066,793
Supplemental disclosure of cash flow information: Cash paid for interest $33,830 $13,474 Cash paid for taxes $10,900 $925
Non-cash investing activities Right-of-use assets acquired under operating leases $- $115,857 Right-of-use assets acquired under finance leases $265,420 $226,794 SOURCE: Tecogen, Inc.View the original press release on ACCESS NewswireOriginal: Tecogen Reports First Quarter 2026 Financial Results

Tecogen Schedules Earnings Release Date and Conference Call for Q1 2026 ResultsApril 24, 2026 4:50 PM
ACCESS NewswireBILLERICA, MA / ACCESS Newswire / April 24, 2026 / Tecogen Inc. (NYSE American:TGEN) will release Q1 2026 financial results on Wednesday, May 13. The earnings press release and supplemental earnings presentation will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on Wednesday, March 13 at 9:30 a.m. Eastern time to discuss the Company's financial performance for Q1 2026.The conference call will be available live via telephone and webcast. To listen to the audio portion, dial 877-407-7186 within the US and Canada or 201-689-8052 from other international locations. Participants should ask to join the Tecogen earnings call. Please begin dialing at least 10 minutes before the scheduled starting time. Alternately, to register for and listen to the webcast, go to Webcast.The earnings conference call will be recorded and available for playback one hour after the end of the call. To listen to the playback dial (877) 660-6853 within the US and Canada or (201) 612-7415 from other international locations. Use Access ID #: 13752231. The webcast will be archived for 14 days following the call.About TecogenTecogen designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.Forward Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and other federal securities laws that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "seek," "could," "likely," "may," "pro forma," "anticipate," "continue," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. All statements, other than statements of historical fact included in this press release regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects and plans and objectives of management are forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in our Form 8-K, under "Risk Factors," among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth.Tecogen Media & Investor Relations Contact Information:Abinand Rangesh, CEO
P: 781-466-6487
E: Abinand.Rangesh@tecogen.comSOURCE: Tecogen, Inc.View the original press release on ACCESS NewswireOriginal: Tecogen Schedules Earnings Release Date and Conference Call for Q1 2026 Results

Tecogen Announces Fourth Quarter and Year-End 2025 ResultsMarch 17, 2026 6:20 PM
ACCESS NewswireAbinand Rangesh, CEO of Tecogen, commented "during the upcoming call, I will provide some significant positive updates that will include the scale of the Vertiv opportunity pipeline for our chillers, the status of our own data center opportunities and an upcoming pilot project.On other positive news, our revenue grew 20% year on year. Although our loss widened and cash burn increased, this was because of critical expenses needed to expand margins in the service business and to develop the data center opportunities including expanding manufacturing capacity, R&D on our data center dual power source chiller and marketing."NORTH BILLERICA, MA / ACCESS Newswire / March 17, 2026 / Tecogen Inc. (NYSE American:TGEN), a leading manufacturer of clean energy products, reported revenues of $27.07 million and net loss of $8.25 million for the year December 31, 2025 compared to $22.62 million and net loss of $4.76 million for the same period in 2024, an increase in revenues of 19.7% year over year. For the quarter ending December 31, 2025, revenues were $5.32 million and net loss of $3.99 million compared to revenues of $6.08 million, and a net loss of $1.19 million in 2024. We used $9.91 million in cash from operations, used $0.40 million in cash to acquire property plant and equipment, principally the improvements required at our North Billerica facility, and generated $17.40 million in cash from financing activities during the year ended December 31, 2025 due to the July 2025 follow-on offering. Our cash balance was $12.43 million at December 31, 2025.Key TakeawaysNet Loss and Earnings Per ShareNet loss for the quarter ended December 31, 2025 was $3.99 million compared to a net loss of $1.19 million for the same period of 2024, an increase of $2.81 million, due to the impairment of goodwill and long-lived assets, increased operating expenses and decreased gross profit from our Services segments. EPS for the quarters ended December 31, 2025 and 2024 was a loss of $0.13/share and $0.05/share, respectively.Net loss for the year ended December 31, 2025 was $8.25 million compared to a net loss of $4.76 million in 2024, an increase of $3.49 million, due to decreased gross profit for our Services segment due to increased labor and material costs, increased operating costs and the goodwill and long-lived asset impairment recognized in the year ended December 31, 2025. EPS for the years ended December 31, 2025 and 2024 was a loss of $0.30/share and $0.19, respectively.Loss from OperationsLoss from operations for the quarter ended December 31, 2025 was $4.14 million compared to a loss from operations of $1.14 million for the same period in 2024, an increase of $3.00 million, due to the impairment of goodwill and long-lived assets, increased operating expenses and decreased gross profit from our Services segments.Loss from operations for the year ended December 31, 2025 was $8.24 million compared to a loss from operations of $4.53 million for the same period in 2024, an increase of $3.71 million, due to the impairment of goodwill and long-lived assets, increased operating expenses and decreased gross profit from our Services segments.RevenuesRevenues for the quarter ended December 31, 2025 were $5.32 million compared to $6.08 million for the same period in 2024, a 12.5% decrease.Products revenues in the quarter ended December 31, 2025 were $0.46 million compared to $1.44 million for the same period in 2024, a decrease of 68.1%. The decrease in revenue during the quarter ended December 31, 2025 is due to a reduction in chiller and cogeneration revenue.Services revenues in the quarter ended December 31, 2025 were $4.46 million, compared to $4.08 million for the same period in 2024, an increase of 9.3% due to a $0.36 million increase in revenues from existing contracts and a $0.01 million increase in revenues from the acquired Aegis maintenance contracts.Energy Production revenues in the quarter ended December 31, 2025 were $395 thousand compared to $550 thousand for the same period in 2024, an decrease of 28.3%. The decrease in Energy Production revenue is due to the expiration of contracts late in 2024 and decreased run hours at certain energy production sites.Revenues for the year ended December 31, 2025 were $27.07 million compared to $22.62 million for the same period in 2024, an increase of 19.7% year over year.Products revenues in the year ended December 31, 2025 were $9.13 million compared to $4.44 million for the same period in 2024 an increase of 105.5%. The increase in revenue during the year ended December 31, 2025 is due to increased chiller and cogeneration sales. The relocation to our new facility in April 2024 constrained our manufacturing capacity, which impacted product revenues during the second and third quarters of 2024.Services revenues in the year ended December 31, 2025 were $16.62 million compared to $16.07 million for the same period in 2024, an increase of 3.4%. The increase in revenue during the year ended December 31, 2025 is due to the addition of $0.82 million in revenues from existing contracts, offset by a $0.27 million decrease in revenue from Aegis maintenance contracts.Energy Production revenues in the year ended December 31, 2025 were $1.32 million, compared to $2.10 million for the same period in 2024, a decrease of 37.0%. The decrease in Energy Production revenue is due to the expiration of contracts late in 2024 and decreased run hours at certain energy production sites.Gross ProfitGross profit for the quarter ended December 31, 2025 was $1.96 million compared to $2.73 million in the same period in 2024. Gross margin decreased to 36.8% in the quarter ended December 31, 2025 compared to 45.0% for the same period in 2024. The decrease in gross margin was driven by increased labor and material costs in our Services segment, increased labor cost in our Products segment and lower Energy Production margins.Gross profit for the year ended December 31, 2025 was $9.82 million compared to $9.87 million in the same period of 2024. Gross margin decreased to 36.3% in the year ended December 31, 2025 compared to 43.6% for the same period in 2024. The decrease in gross margin was driven by increased labor and material costs in our Services segment and lower Energy Production margins in the year ended December 31, 2025.Operating ExpensesOperating expenses increased $2.22 million, or 57.4%, to $6.10 million in the quarter ended December 31, 2025 compared to $3.87 million in the same period in 2024, due to the $1.11 million goodwill and long-lived asset impairment and increases in payroll, benefits, recruitment costs, freight costs and sales commissions.Operating expenses increased $3.67 million, or 25.4%, to $18.07 million in the year ended December 31, 2025 compared to $14.40 million in the same period in 2024 due to the $1.11 million goodwill and long-lived asset impairment and increases in payroll, benefits, recruitment costs, freight costs and sales commissions.Adjusted EBITDA was negative $2.43 million for the quarter ended December 31, 2025 compared to negative $0.69 million for the quarter ended December 31, 2025. Adjusted EBITDA was negative $5.64 million for the year ended December 31, 2025 compared to negative $3.63 million for the year ended December 31, 2025. (Adjusted EBITDA is defined as net income or loss attributable to Tecogen, adjusted for interest, income taxes, depreciation and amortization, stock-based compensation expense, unrealized gain or loss on investment securities, goodwill impairment charges and other non-cash non-recurring charges or gains including abandonment of intangible assets and asset impairment. See the table following the Condensed Consolidated Statements of Operations for a reconciliation from net income (loss) to Adjusted EBITDA, as well as important disclosures about the Company's use of Adjusted EBITDA).Conference Call Scheduled for March 18, 2026, at 9:30 am ETTecogen will host a conference call on March 18, 2026 to discuss the fourth quarter results beginning at 9:30 am eastern time. To listen to the call please dial (877) 407-7186 within the U.S. and Canada, or +1 (201) 689-8052 from other international locations. Participants should ask to be joined to the Tecogen Fourth Quarter and Year-End 2025 earnings call. Please begin dialing 10 minutes before the scheduled starting time. The earnings press release will be available on the Company website at www.Tecogen.com in the "News and Events" section under "About Us." The earnings conference call will be webcast live. To view the associated slides, register for and listen to the webcast, go to https://ir.tecogen.com/ir-calendar. Following the call, the recording will be archived for 14 days.The earnings conference call will be recorded and available for playback one hour after the end of the call. To listen to the playback, dial (877) 660-6853 within the U.S. and Canada, or (201) 612-7415 from other international locations and use Conference Call ID#: 13752231.About TecogenTecogen Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.Forward Looking StatementsThis press release and any accompanying documents, contain "forward-looking statements" which may describe strategies, goals, outlooks or other non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "could," "likely," or "may" and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and on our Current Reports on Form 8-K, under "Risk Factors", among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth.In addition to GAAP financial measures, this press release includes certain non-GAAP financial measures, including adjusted EBITDA which excludes certain expenses as described in the presentation. We use Adjusted EBITDA as an internal measure of business operating performance and believe that the presentation of non-GAAP financial measures provides a meaningful perspective of the underlying operating performance of our current business and enables investors to better understand and evaluate our historical and prospective operating performance by eliminating items that vary from period to period without correlation to our core operating performance and highlights trends in our business that may not otherwise be apparent when relying solely on GAAP financial measures.Tecogen Media & Investor Relations Contact Information:Abinand Rangesh
P: 781-466-6487
E: Abinand.Rangesh@tecogen.comTECOGEN INC.
CONSOLIDATED BALANCE SHEETS
(unaudited)ASSETS December 31, 2025 December 31, 2024 Current Assets Cash and cash equivalents $12,430,287 $5,405,233 Accounts receivable, net 4,280,991 6,026,545 Unbilled revenue 138,020 398,898 Inventory, net 10,949,697 9,634,005 Prepaid and other current assets 1,086,310 680,565 Total current assets 28,885,305 22,145,246 Property, plant and equipment, net 1,609,321 1,738,036 Right of use assets - operating leases 1,490,094 1,730,358 Right of use assets - finance leases 1,434,080 452,390 Intangible assets, net 2,146,503 2,513,189 Goodwill 1,248,442 2,346,566 Other assets 176,358 166,474 TOTAL ASSETS $36,990,103 $31,092,259 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Related party notes payable $- $1,548,872 Accounts payable 3,381,545 4,142,678 Accrued expenses 2,814,150 2,890,886 Deferred revenue, current 1,530,977 6,701,131 Operating lease obligations, current 538,641 430,382 Finance lease obligations, current 280,265 85,646 Acquisition liabilities, current 677,162 902,552 Unfavorable contract liabilities, current 44,433 113,449 Total current liabilities 9,267,173 16,815,596 Long-term liabilities: Deferred revenue, net of current portion 3,265,886 1,165,951 Operating lease obligations, net of current portion 1,004,488 1,341,789 Finance lease obligations, net of current portion 992,285 325,235 Acquisition liabilities, net of current portion 826,757 1,008,760 Unfavorable contract liability, net of current portion 160,902 309,390 Total liabilities 15,517,491 20,966,721 Commitments and contingencies - - Stockholders' equity: Tecogen Inc. stockholders' equity: Common stock, $0.001 par value; 100,000,000 shares authorized; 29,846,479 issued and outstanding at December 31, 2025 and 24,950,261 shares issued and outstanding at December 31, 2024 29,847 24,950 Additional paid-in capital 78,216,467 57,845,289 Unearned compensation (712,019) - Accumulated deficit (55,888,649) (47,639,894)Total Tecogen Inc. stockholders' equity 21,645,646 10,230,345 Noncontrolling interest (173,034) (104,807)Total stockholders' equity 21,472,612 10,125,538 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $36,990,103 $31,092,259 TECOGEN INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited) Three Months Ended December 31, 2025 December 31, 2024 Revenues Products $460,522 $1,441,909 Services 4,462,823 4,083,492 Energy production 394,652 550,121 Total revenues 5,317,997 6,075,522 Cost of sales Products 492,219 995,921 Services 2,527,701 2,009,762 Energy production 340,669 335,392 Total cost of sales 3,360,589 3,341,075 Gross profit 1,957,408 2,734,447 Operating expenses General and administrative 4,090,960 2,928,287 Selling 585,163 503,145 Research and development 307,426 226,843 Gain on disposition of assets (1,250) (4,111)Goodwill impairment 1,113,129 217,295 Total operating expenses 6,095,428 3,871,459 Loss from operations (4,138,020) (1,137,012)Other income (expense) Other income (expense), net 90,409 (11,509)Interest expense (38,697) (30,762)Gain on sale of marketable securities 3,687 - Unrealized gain on marketable securities 85,988 - Total other income (expense), net 141,387 (42,271)Loss before provision for state income taxes (3,996,633) (1,179,283)Provision for state income taxes - 465 Consolidated net loss (3,996,633) (1,179,748)Loss (income) attributable to the non-controlling interest 2,853 (6,319)Loss attributable to Tecogen Inc. $(3,993,780) $(1,186,067) Net loss per share - basic $(0.13) $(0.05)Net loss per share - diluted $(0.13) $(0.05)Weighted average shares outstanding - basic 29,839,305 24,893,739 Weighted average shares outstanding - diluted 29,839,305 24,893,739 Three Months Ended December 31, 2025 December 31, 2024 Non-GAAP financial disclosure (1) Net loss attributable to Tecogen Inc. $(3,993,780) $(1,186,067)Interest expense, net 38,697 30,762 Income taxes - 465 Depreciation & amortization, net 256,145 134,039 EBITDA (3,698,938) (1,020,801)Stock-based compensation 138,171 41,082 Gain on sale of marketable securities (3,687) - Unrealized gain on marketable securities (85,988) - Inventory write down 110,488 70,530 Goodwill and long-lived asset impairment 1,113,129 217,295 Adjusted EBITDA $(2,426,825) $(691,894)TECOGEN INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited) Years Ended December 31, 2025 December 31, 2024 Revenues Products $9,133,450 $4,443,996 Services 16,616,523 16,074,870 Energy production 1,323,737 2,100,670 Total revenues 27,073,710 22,619,536 Cost of sales Products 6,097,501 3,014,655 Services 10,202,774 8,432,876 Energy production 948,927 1,301,832 Total cost of sales 17,249,202 12,749,363 Gross profit 9,824,508 9,870,173 Operating expenses: General and administrative 13,522,035 11,356,406 Selling 2,267,247 1,880,903 Research and development 1,166,744 961,837 Loss (gain) on sale of assets 183 (12,181)Long-lived asset impairment 15,005 - Goodwill impairment 1,098,124 217,295 Total operating expenses 18,069,338 14,404,260 Loss from operations (8,244,830) (4,534,087)Other income (expense) Interest and other income (expense) 151,711 (26,814)Interest expense (150,289) (90,304)Gain on the sale of marketable securities 3,687 - Unrealized gain on marketable securities 10,993 - Total other expense, net 16,102 (117,118)Loss before income taxes (8,228,728) (4,651,205)State income tax provision 20,615 22,565 Consolidated net loss (8,249,343) (4,673,770)Loss (income) attributable to the noncontrolling interest 588 (86,468)Net loss attributable to Tecogen Inc. $(8,248,755) $(4,760,238) Net loss per share - basic $(0.30) $(0.19)Net loss per share - diluted $(0.30) $(0.19)Weighted average shares outstanding - basic 27,233,143 24,861,190 Weighted average shares outstanding - diluted 27,233,143 24,861,190 Years Ended December 31, 2025 December 31, 2024 Non-GAAP financial disclosure (1) Net income loss attributable to Tecogen Inc. $(8,248,755) $(4,760,238)Interest expense 150,289 90,304 Provision for income taxes 20,615 22,565 Depreciation & amortization, net 877,675 553,783 EBITDA (7,200,176) (4,093,586)Stock-based compensation 348,029 172,987 Realized gain on marketable securities (3,687) - Unrealized gain on marketable securities (10,993) - Inventory writedown 110,488 70,530 Goodwill and long-lived asset impairment 1,113,129 217,295 Adjusted EBITDA $(5,643,210) $(3,632,774)(1) Non-GAAP Financial MeasuresIn addition to reporting net income, a U.S. generally accepted accounting principle ("GAAP") measure, this news release contains information about Adjusted EBITDA (net income (loss) attributable to Tecogen Inc adjusted for interest, income taxes, depreciation and amortization, stock-based compensation expense, unrealized gain or loss on investment securities, goodwill impairment charges and other non-cash non-recurring charges including abandonment of certain intangible assets), which is a non-GAAP measure. The Company believes Adjusted EBITDA allows investors to view its performance in a manner similar to the methods used by management and provides additional insight into its operating results. Adjusted EBITDA is not calculated through the application of GAAP. Accordingly, it should not be considered as a substitute for the GAAP measure of net income and, therefore, should not be used in isolation of, but in conjunction with, the GAAP measure. The use of any non-GAAP measure may produce results that vary from the GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies.TECOGEN INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited) For the Years Ended December 31, 2025 December 31, 2024 CASH FLOWS FROM OPERATING ACTIVITIES: Consolidated loss $(8,249,343) $(4,673,770)Adjustments to reconcile net loss to net cash used in operating activities: Depreciation, accretion and amortization, net 877,675 553,783 Loss (gain) on sale of assets 183 (12,181)Provision for credit losses 62,958 146,010 Provision for inventory reserve 110,488 70,530 Unrealized gain on investment securities (10,993) - Gain on the sale of investments (3,687) - Stock-based compensation 348,029 172,987 Goodwill and long-lived asset impairment 1,113,129 217,295 Non-cash interest expense 43,476 45,025 Changes in operating assets and liabilities: (Increase) decrease in: Accounts receivable 1,682,596 608,929 Inventory, net (1,426,182) 848,884 Unbilled revenue 260,879 859,634 Prepaid expenses and other current assets (405,745) (319,926)Other non-current assets 464,576 510,723 Increase (decrease) in: Accounts payable (761,131) (371,736)Accrued expenses (76,736) 386,257 Deferred revenue (3,070,219) 5,850,265 Other current liabilities (871,627) (832,162)Net cash provided by (used in) operating activities (9,911,674) 4,060,547 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (400,781) (969,163)Proceeds on sale of property and equipment 4,290 51,400 Distributions to noncontrolling interest (67,639) (96,974)Net used in investing activities (464,130) (1,014,737)CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from follow-on offering, net of transaction costs 18,105,100 - (Repayment of) proceeds from related party note (1,076,956) 1,000,000 Finance lease principal payments (324,065) (62,847)Proceeds from exercise of stock options 696,779 71,000 Net cash provided by financing activities 17,400,858 1,008,153 Change in cash and cash equivalents 7,025,054 4,053,963 Cash and cash equivalents, beginning of the year 5,405,233 1,351,270 Cash and cash equivalents, end of the year $12,430,287 $5,405,233 Supplemental disclosure of cash flow information: Cash paid for interest $183,354 $45,278 Cash paid for taxes $20,615 $22,565 Non-cash investing activities Right-of-use assets acquired under operating leases $193,480 $1,650,994 Right-of-use assets acquired under finance leases $1,227,447 $295,085 Aegis acquisition: Contingent consideration $- $272,901 Non-cash financing activities Related party note conversion to common stock $514,148 $- SOURCE: Tecogen, Inc.View the original press release on ACCESS NewswireOriginal: Tecogen Announces Fourth Quarter and Year-End 2025 Results

Tecogen Schedules Earnings Release Date and Conference Call For FY 2025 ResultsFebruary 26, 2026 4:55 PM
ACCESS NewswireBILLERICA, MA / ACCESS Newswire / February 26, 2026 / Tecogen Inc. (NYSE American:TGEN) will release FY 2025 financial results on Wednesday, March 18th. The earnings press release and supplemental earnings presentation will be available on the Company's website at www.Tecogen.com in the "Investor Relations" section under "Financial Results." Members of Tecogen's senior management will hold a conference call and webcast on Wednesday, March 18th at 9:30 AM Eastern Time to discuss the Company's financial performance for FY 2025.The conference call will be available live via telephone and webcast. To listen to the audio portion, dial 877-407-7186 within the US and Canada or 201-689-8052 from other international locations. Participants should ask to join the Tecogen earnings call. Please begin dialing at least 10 minutes before the scheduled starting time. Alternately, to register for and listen to the webcast, go to Webcast.The earnings conference call will be recorded and available for playback one hour after the end of the call. To listen to the playback dial (877) 660-6853 within the US and Canada or (201) 612-7415 from other international locations. Use Access ID #: 13752231. The webcast will be archived for 14 days following the call.About Tecogen
Tecogen designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and other federal securities laws that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "target," "potential," "will," "should," "seek," "could," "likely," "may," "pro forma," "anticipate," "continue," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. All statements, other than statements of historical fact included in this press release regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects and plans and objectives of management are forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements.In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in our Form 8-K, under "Risk Factors," among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth.Tecogen Media & Investor Relations Contact Information:
Abinand Rangesh, CEO
P: 781-466-6487
E: Abinand.Rangesh@tecogen.comSOURCE: Tecogen, Inc.View the original press release on ACCESS NewswireOriginal: Tecogen Schedules Earnings Release Date and Conference Call For FY 2025 Results

https://www.facilitiesdive.com/news/nuclear-specialist-oklo-inks-data-center-partnerships-vertiv-liberty/756159/

TGEN moved to the AMEX from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

https://www.investing.com/news/sec-filings/tecogen-inks-sales-agreement-with-vertiv-for-data-center-cooling-93CH-3902881

https://www.theregister.com/2025/01/30/startup_datacenter_biogas/

https://open.substack.com/pub/stocknarratives/p/a-4x-in-4-years-surfing-the-data-1da?r=b93cb&utm_medium=ios

Does this have legs?

Finally some movement. And once constructions comes back they can get back to the installs and sales part. Not just the maintenance contracts.

They are all over the country btw.

Product looks sound. There's definitely a market for it in the states and even abroad. Seems CEO is MA-centric? Potentially doesn't have the reach or network to further the company? Guys OTC Best market isn't bad, there are billion dollar companies here, may not be a bad thing.

TGEN delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

$2.05 12-31-2019, do we go <$2.00? Un believable how much Mgt has let this company down,,, John Hat is the biggest drag here. Not sure if Ben can do anything without John pulling all the strings. Shameful.

Down to $2.50 area. No announcements for another 4 weeks and after years of trying their hardest, we are finally <$2. Congratulations Tecogen. Management truly is hardly not even up to Minor League status.

Absolutely atrocious management here. So much potential if they JV'd, partnered with a serious company(ies). Management, Ben Locke, has a 'forever' micro-cap mentality. They need to bring in a strong management consulting team and listen to their recommendations. They have huge potential, but have been taking baby steps for more than 3 years. Absolutely inexcusable by now.

Good catch from the PR. I'll be impressed if they get a chain institution to place in numerous locations. First step would be to show an increased sales presence in the FL market. I haven't seen anything to that effect yet.

Hey! Hey!

Today's PR may just be the most important one in TGEN's life. If you haven't read it, do so and then consider the following:

From SeniorAdvice:

In Florida:

1,265 nursing homes
3,068 assisted living
1,067 memory care
815 hospices
948 respite care

Play the numbers game with whatever criteria you choose - the great state of FL has handed TGEN the biggest opportunity of its life!

Nice gap up today on solid earnings.

*Tecogen Q4 EPS $0.01 Beats $0.00 Est., Sales $10.264M Beats $9M Est.

John Hat continues as IR Employee!! Are they kidding? They will be paying this guy!! They have2!!! IR people for this company which still is not profitable...and 1 of them is probably close to 90 years old! This is total nonsense and should be raised as a legitimate issue with their BOD at annual meeting. Charlie Maxwell is probably about 90 years old as well. He needs to go. John Hat also put a neighbor of his on the Board of Ultera. He is TOXIC, and Ben has no control over this guy. Ben needs to grow a pair ASAP!!!!!!!!!! Get rid of John totally..no sweetheart employee status please!

John H. "Senior Advisor". I guess they couldn't take it anymore. This is good news for the company's future...and share price. No one wanted to touch this as an investment due to John H's participation for obvious reasons.

company is starting to implode. cancelled their Ultratek losing millions of investment, then cancelled their Tedom JV agreement that was a big part of their future. Stock trading more volume today than past 2 weeks combined. Down 20% in 2 days. This happens every time the old fool John H. unfortunately participates in quarterly cc's. I feel sorry for the Management which has to put up with him. He needs to be given "senior advisor' status, and sidelined. No One will ever get serious about this company until he leaves active status.

Oh boy, a new low share price as they announce a "brief update" cc next week. A really poorly worded PR. What are they thinking....telegraphing an end to the Ultratek venture? Looks like it. If so, then they'll be taking a $charge, and thereby torpedo this quarter's numbers. Bummer.

I'm a newly in as well. Very impressed with the companies short and long term potential.

Hello everyone I just got into this stock last week glad to see it is building a following!

TIC TOC TEC AND POP GOES THE WEASEL

I wouldn't exactly call TGEN a BEAST, however, its a reasonable speculation for a double within 12 months. Conservative, and growing, and totally unknown. A very good combination, that sooner or later pays off. Buying in dribs and drabs below $3.50 or so is a very good approach for a real payoff by 2020 - $15-$18 TARGET. 3 years, 500%. And, that IS reasonable.

THE BEAST HAS AWAKEN TODAY. LOAD UP FOR MONSTER RETURN.

this stock average analyst price rating is $14.6

. Tecogen Inc. (NASDAQ:TGEN) had its price objective boosted by Jefferies Group LLC from $33.00 to $40.00 in a research note published on Thursday morning, StockTargetPrices.com reports. They currently have a hold rating on the construction company’s stock.

Several other equities analysts have also recently commented on TGEN. TheStreet raised Tecogen from a d rating to a c- rating in a report on Friday, April 21st. Zacks Investment Research raised Tecogen from a hold rating to a strong-buy rating and set a $4.25 price target for the company in a report on Tuesday, May 16th. Finally, Maxim Group started coverage on Tecogen in a report on Wednesday, June 7th. They issued a buy rating and a $6.00 price target for the company. One research analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and an average target price of $14.06.

WELL WELL WELL ! TALK ABOUT BEING REALLY UNDERVALUED : READ TODAY'S NEW AND YOU CAN SEE THAT TODAY COULD BE A GOOD MONEY MAKING TRADE. LOAD UP AT OPEN. HECK JUST LOAD UP AT PRE MARKET.

Fundamentals imply Tecogen $TGEN is 25% undervalued w/ earnings expected Wednesday:

Fair Value Analysis

Helloooooooooooooooooo out there.
We'll know about auto and Tedem in Q2, and the propane fork lift trucks in Q3. If any 1 works out, at least a double. If 2 work out, at least a triple. And if all 3 work out, its a $15 stock in 2017, $30 in 2018.
Lets check back in May/June. See ya.

TGEN - talk about under the radar!!! Let's circle back and see if auto emissions technology has made it to the finish line, and if TEDEM is starting to become meaningful. If both happen and their core biz is on 30% growth path....this should be $8-$10 stock.

Just came across this name. Starting to do DD. Do you know what caused the June spike and drop ?

$TGEN DD Notes ~ http://www.ddnotesmaker.com/TGEN

bullish near term

$TGEN recent news/filings

## source: finance.yahoo.com

Thu, 23 Oct 2014 17:21:30 GMT ~ Tecogen sells Ultra Emission Technology for a Renewable Gas Engine in Southern California

[at noodls] - WALTHAM, Mass., October 23, 2014: Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of its proprietary emissions reduction system to the Eastern Municipal Water District (EMWD) in Perris, California. ...

read full: http://www.noodls.com/view/CC88B4EA5032F46F4C3AD34A80B1917485A213AB
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Thu, 23 Oct 2014 12:45:00 GMT ~ Tecogen sells Ultra Emission Technology for a Renewable Gas Engine in Southern California

[PR Newswire] - WALTHAM, Mass., Oct. 23, 2014 /PRNewswire/ -- Tecogen® Inc. (TGEN) today announced the sale of its proprietary emissions reduction system to the Eastern Municipal Water District (EMWD) in Perris, California. The system will be a larger scale version of Tecogen's Ultra emission after-treatment product, this time applied to a 48 liter engine to be fueled by biogas, extracted from an anaerobic digester at the District's Moreno Valley Regional Water Reclamation Facility. The water district has utilized the Tecogen emissions technology successfully on one of their municipal water pumping engines fueled by pipeline quality natural gas for over one year. Biogas is a significant byproduct of wastewater treatment plants, whose chemical energy is often reclaimed by its utilization as a fuel for generating renewable power in the form of electricity or as mechanical water pump drive.

read full: http://finance.yahoo.com/news/tecogen-sells-ultra-emission-technology-124500432.html
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Tue, 21 Oct 2014 15:35:28 GMT ~ Tecogen’s Ultra Emission System Applied to a Natural Gas Standby Generator

[at noodls] - WALTHAM, Mass., October 21, 2014: Tecogen Inc. (NASDAQ: TGEN) --Tecogen announced the sale today of its patented emissions retrofit system, Ultra, to a Fortune 500 industrial customer for application to ...

read full: http://www.noodls.com/view/81329A9ACF4458E17B7A840A1D978130038E7E31
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Tue, 21 Oct 2014 13:30:00 GMT ~ Tecogen's Ultra Emission System Applied to a Natural Gas Standby Generator

[PR Newswire] - WALTHAM, Mass., Oct. 21, 2014 /PRNewswire/ -- Tecogen Inc. (TGEN) --Tecogen announced the sale today of its patented emissions retrofit system, Ultra, to a Fortune 500 industrial customer for application to a natural gas emergency generator. If the performance meets the required specification, the engine will be capable of non-emergency operation and the customer will retrofit other generators operating at its Southern California facility. Under the contract, the unit must demonstrate compliance with South Coast Air Quality Management District (SCAQMD) Rule 1110.2 for non-emergency electrical generation. Currently, standby generators are exempt from the strict requirements of the rule if their annual operation does not exceed 200 hours.

read full: http://finance.yahoo.com/news/tecogens-ultra-emission-system-applied-133000195.html
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Thu, 16 Oct 2014 15:14:24 GMT ~ Tecogen Sells Three InVerde Ultra Units to Major New York City Museum

[at noodls] - WALTHAM, Mass., October 16, 2014: Tecogen® Inc. (NASDAQ: TGEN) today announced the sale of three InVerde® INV-100 Ultra combined heat and power (CHP) units to a major museum on the west side of Manhattan. ...

read full: http://www.noodls.com/view/B9BCA598F6B6F4ADD6AF109DB3F68BDEA66E0C87
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$TGEN charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$TGEN company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/TGEN/company-info
Ticker: $TGEN
OTC Market Place: Not Available
CIK code: not found
Company name: Tecogen Inc
Incorporated In:


$TGEN share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$TGEN extra dd links

Company name: Tecogen Inc
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=TGEN+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=TGEN+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=TGEN+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/news - http://finance.yahoo.com/q/h?s=TGEN+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/TGEN/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=TGEN+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/TGEN
DTCC (dtcc.com): http://search2.dtcc.com/?q=Tecogen+Inc&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Tecogen+Inc
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Tecogen+Inc&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/TGEN
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=TGEN&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=TGEN
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=TGEN+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=TGEN+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=TGEN
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=TGEN
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=TGEN+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/TGEN/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=TGEN+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/TGEN.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=TGEN
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/TGEN/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/TGEN/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/TGEN
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/TGEN
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/TGEN:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=TGEN
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=TGEN



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