Financial Snapshot

Revenue
$9.284M
TTM
Gross Margin
-34.5%
TTM
Net Earnings
-$175.9M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
46.46%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$51.59M
Q3 2024
Cash
Q3 2024
P/E
-0.06932
Nov 29, 2024 EST
Free Cash Flow
-$40.64M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $4.445M $13.75M $8.804M $200.0K $0.00
YoY Change -67.68% 56.19% 4302.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $4.445M $13.75M $8.804M $200.0K $0.00
Cost Of Revenue $60.05M $47.54M $13.69M $417.0K $0.00
Gross Profit -$55.60M -$33.79M -$4.884M -$217.0K $0.00
Gross Profit Margin -1250.91% -245.69% -55.47% -108.5%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $50.66M $81.22M $30.39M $3.713M $2.690M
YoY Change -37.64% 167.31% 718.37% 38.05%
% of Gross Profit
Research & Development $21.03M $38.28M $13.48M $3.583M $4.703M
YoY Change -45.07% 184.03% 276.17% -23.81%
% of Gross Profit
Depreciation & Amortization $2.142M $2.587M $562.0K $139.0K $46.15K
YoY Change -17.2% 360.32% 304.32% 201.19%
% of Gross Profit
Operating Expenses $79.46M $126.4M $43.86M $7.296M $7.392M
YoY Change -37.15% 188.22% 501.21% -1.3%
Operating Profit -$135.1M -$160.2M -$48.75M -$7.513M -$7.392M
YoY Change -15.7% 228.65% 548.85% 1.64%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $1.448M $995.0K $634.0K -$3.000K $0.00
YoY Change 45.53% 56.94% -21233.33%
% of Operating Profit
Other Income/Expense, Net $3.473M $2.280M -$517.0K $86.00K $62.22K
YoY Change 52.32% -541.01% -701.16% 38.22%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$129.6M -$143.0M -$142.2M -$7.437M -$7.330M
YoY Change -9.38% 0.58% 1811.91% 1.46%
Income Tax $1.000K -$1.016M $2.000K $0.00 $0.00
% Of Pretax Income
Net Earnings -$129.6M -$142.0M -$142.2M -$7.437M -$7.330M
YoY Change -8.73% -0.13% 1811.94% 1.46%
Net Earnings / Revenue -2915.59% -1032.65% -1615.07% -3718.5%
Basic Earnings Per Share -$22.26 -$0.75 -$11.88 -$0.93
Diluted Earnings Per Share -$22.26 -$0.75 -$11.88 -$0.93 -$39.97K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $75.10M $143.2M $222.4M $18.33M $14.94M
YoY Change -47.56% -35.6% 1113.11% 22.68%
Cash & Equivalents $62.72M $45.72M $190.1M $18.33M $14.94M
Short-Term Investments $12.39M $97.50M $32.33M
Other Short-Term Assets $1.730M $3.961M $874.0K $240.8K $90.51K
YoY Change -56.32% 353.2% 262.9% 166.09%
Inventory $1.956M $2.442M
Prepaid Expenses
Receivables $4.679M $9.195M $3.896M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $83.47M $158.8M $227.2M $18.57M $15.04M
YoY Change -47.45% -30.09% 1123.06% 23.54%
Property, Plant & Equipment $19.49M $21.84M $20.20M $1.187M $612.6K
YoY Change -10.79% 8.16% 1600.8% 93.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.010M $9.795M $5.866M
YoY Change -59.06% 66.98%
Total Long-Term Assets $23.57M $32.80M $30.26M $1.187M $612.6K
YoY Change -28.15% 8.37% 2448.91% 93.83%
Total Assets $107.0M $191.6M $257.4M $19.76M $15.65M
YoY Change
Accounts Payable $746.0K $6.921M $4.645M $307.6K $358.5K
YoY Change -89.22% 49.0% 1410.18% -14.21%
Accrued Expenses $8.878M $4.948M $6.974M $512.7K $212.3K
YoY Change 79.43% -29.05% 1260.2% 141.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $323.5K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $102.0M $51.29M $12.53M $1.156M $584.4K
YoY Change 98.88% 309.36% 983.49% 97.86%
Long-Term Debt $0.00 $0.00 $35.00K $87.42K $0.00
YoY Change -100.0% -59.96%
Other Long-Term Liabilities $13.05M $15.01M $30.83M $447.6K $107.9K
YoY Change -13.05% -51.32% 6786.34% 314.83%
Total Long-Term Liabilities $13.05M $15.01M $30.86M $535.1K $107.9K
YoY Change -13.05% -51.38% 5667.76% 395.84%
Total Liabilities $115.0M $66.30M $43.39M $1.691M $692.3K
YoY Change 73.54% 52.79% 2465.32% 144.3%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 5.822M shares 190.2M shares 11.97M shares 7.979M shares
Diluted Shares Outstanding 5.822M shares 190.2M shares 11.97M shares 7.979M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $12.195 Million

About Heliogen, Inc.

Heliogen, Inc. is a renewable energy technology company. The company is headquartered in Pasadena, California and currently employs 144 full-time employees. The company went IPO on 2021-03-19. The firm is focused on providing robust clean energy solutions that accelerate the transition to renewable energy. Its solar energy and thermal storage systems deliver carbon-free heat, steam, power, and green hydrogen at scale to support round-the-clock industrial operations. The Company’s product offering delivers industrial process steam around the clock using thermal energy storage. This steam can also be used to produce green hydrogen when coupled with a solid oxide electrolyzer. The Company’s business lines include Carbon-Free Steam Production System, which is engaged in the production of heat or steam for use in industrial processes; Net Zero Power Generation System focused on the baseline system as the foundation, and the addition of a turbine generator system enables power generation, and Green Hydrogen Production System an electrolyzer with the baseline system as the foundation, produces green hydrogen fuel.

Industry: Electric Services Peers: ESS Tech, Inc. ALLIENT INC FTC Solar, Inc. KwikClick, Inc. POWELL INDUSTRIES INC PREFORMED LINE PRODUCTS CO SKYX Platforms Corp. Thermon Group Holdings, Inc.