$TGEN
TECOGEN INC. Stock $tgen

$tgen Overview Financials Valuation SEC Filings Company Website

2020 Q4 Form 10-Q Financial Statement

#000153743520000122 Filed on November 12, 2020

Income Statement

Concept	2020 Q4	2020 Q3	2019 Q3
Revenue	$5.657M	$7.200M	$8.670M
YoY Change	-35.06%	-16.96%	9.22%
Cost Of Revenue	$3.315M	$4.413M	$5.839M
YoY Change	-39.17%	-24.43%	15.5%
Gross Profit	$2.343M	$2.787M	$2.831M
YoY Change	-28.2%	-1.57%	-1.8%
Gross Profit Margin	41.41%	38.71%	32.65%
Selling, General & Admin	$3.237M	$2.994M	$3.369M
YoY Change	-2.67%	-11.15%	-2.21%
% of Gross Profit	138.16%	107.43%	119.01%
Research & Development	$130.0K	$111.3K	$365.8K
YoY Change	-65.49%	-69.59%	30.14%
% of Gross Profit	5.55%	3.99%	12.92%
Depreciation & Amortization	$120.2K	$100.3K	$95.62K
YoY Change	61.87%	4.89%	-51.26%
% of Gross Profit	5.13%	3.6%	3.38%
Operating Expenses	$3.542M	$3.105M	$3.735M
YoY Change	-4.31%	-16.87%	0.23%
Operating Profit	-$1.200M	-$207.2K	-$538.2K
YoY Change	173.28%	-61.51%	-4.29%
Interest Expense	-$19.17K	$4.845K	$18.52K
YoY Change	-49.76%	-73.83%	-44.53%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$4.155M	-$212.0K	-$556.5K
YoY Change	771.37%	-61.9%	-2.68%
Income Tax	$2.380K	$9.400K	$7.880K
% Of Pretax Income
Net Earnings	-$4.062M	-$231.9K	-$586.2K
YoY Change	736.62%	-60.44%	-2.78%
Net Earnings / Revenue	-71.81%	-3.22%	-6.76%
Basic Earnings Per Share		-$0.01
Diluted Earnings Per Share	-$163.5K	-$0.01	-$23.60K
COMMON SHARES
Basic Shares Outstanding	24.85M shares	24.85M shares	24.84M shares
Diluted Shares Outstanding		24.85M shares

Balance Sheet

Concept	2020 Q4	2020 Q3	2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.490M	$1.647M	$780.7K
YoY Change	69.79%	111.01%	471.05%
Cash & Equivalents	$1.490M	$1.647M	$780.7K
Short-Term Investments
Other Short-Term Assets	$597.1K	$517.9K	$644.8K
YoY Change	-5.97%	-19.68%	-20.91%
Inventory	$7.169M	$7.143M	$7.058M
Prepaid Expenses
Receivables	$8.671M	$8.885M	$13.05M
Other Receivables	$8.671M	$0.00	$13.05M
Total Short-Term Assets	$22.19M	$23.56M	$26.59M
YoY Change	-20.48%	-11.39%	15.99%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.284M	$2.998M	$3.604M
YoY Change	-34.11%	-16.81%	-67.56%
Goodwill	$2.406M	$5.282M	$5.282M
YoY Change	-54.44%	0.0%	-60.48%
Intangibles	$1.360M	$1.442M	$1.572M
YoY Change	-14.65%	-8.31%	-46.44%
Long-Term Investments
YoY Change
Other Assets	$196.4K	$198.5K	$609.7K
YoY Change	-71.62%	-67.44%	42.51%
Total Long-Term Assets	$7.879M	$11.68M	$13.36M
YoY Change	-40.34%	-12.56%	-52.0%
TOTAL ASSETS
Total Short-Term Assets	$22.19M	$23.56M	$26.59M
Total Long-Term Assets	$7.879M	$11.68M	$13.36M
Total Assets	$30.07M	$35.25M	$39.95M
YoY Change	-26.86%	-11.78%	-21.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.183M	$3.816M	$6.488M
YoY Change	-20.65%	-41.18%	13.49%
Accrued Expenses	$1.993M	$2.651M	$2.015M
YoY Change	-23.31%	31.55%	-8.28%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$940.6K
YoY Change	-100.0%	-100.0%	-44.96%
Long-Term Debt Due	$837.9K	$209.6K
YoY Change
Total Short-Term Liabilities	$9.171M	$8.524M	$11.57M
YoY Change	-31.79%	-26.33%	2.03%
LONG-TERM LIABILITIES
Long-Term Debt	$1.036M	$1.665M	$0.00
YoY Change
Other Long-Term Liabilities	$1.222M	$1.345M	$1.764M
YoY Change	-25.34%	-23.79%	-74.34%
Total Long-Term Liabilities	$1.222M	$1.345M	$1.764M
YoY Change	-25.34%	-23.79%	-74.34%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.171M	$8.524M	$11.57M
Total Long-Term Liabilities	$1.222M	$1.345M	$1.764M
Total Liabilities	$12.81M	$13.86M	$16.14M
YoY Change	-27.91%	-14.08%	-11.42%
SHAREHOLDERS EQUITY
Retained Earnings	-$39.53M	-$35.47M	-$32.89M
YoY Change	18.43%	7.82%	35.37%
Common Stock	$24.85K	$24.85K	$24.84K
YoY Change	0.0%	0.03%	0.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.31M	$21.31M	$23.71M
YoY Change
Total Liabilities & Shareholders Equity	$30.07M	$35.25M	$39.95M
YoY Change	-26.86%	-11.78%	-21.29%

Cashflow Statement

Concept	2020 Q4	2020 Q3	2019 Q3
OPERATING ACTIVITIES
Net Income	-$4.062M	-$231.9K	-$586.2K
YoY Change	736.62%	-60.44%	-2.78%
Depreciation, Depletion And Amortization	$120.2K	$100.3K	$95.62K
YoY Change	61.87%	4.89%	-51.26%
Cash From Operating Activities	-$6.190K	-$1.347M	-$1.126M
YoY Change	-99.51%	19.68%	-714.11%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	-$6.270K	-$63.12K
YoY Change	-100.0%	-90.07%	-64.61%
Acquisitions
YoY Change
Other Investing Activities	$9.130K	-$19.82K	-$40.40K
YoY Change	-123.99%	-50.94%	20.56%
Cash From Investing Activities	$9.130K	-$26.10K	-$103.5K
YoY Change	-108.61%	-74.79%	-51.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	830.0	922.1K
YoY Change	-100.0%	-99.91%	-208.76%
NET CHANGE
Cash From Operating Activities	-6.190K	-1.347M	-1.126M
Cash From Investing Activities	9.130K	-26.10K	-103.5K
Cash From Financing Activities	0.000	830.0	922.1K
Net Change In Cash	2.940K	-1.373M	-307.2K
YoY Change	-96.97%	346.78%	-64.94%
FREE CASH FLOW
Cash From Operating Activities	-$6.190K	-$1.347M	-$1.126M
Capital Expenditures	$0.00	-$6.270K	-$63.12K
Free Cash Flow	-$6.190K	-$1.341M	-$1.063M
YoY Change	-99.48%	26.2%	-393.81%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	763604	USD
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-51389	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-82437	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
	dei	Document Period End Date DocumentPeriodEndDate	2020-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001537435
CY2020Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	24850261	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	tgen	Increase Decrease In Prepaid Expense And Other Current Assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets	-117109	USD
CY2019Q4	tgen	Intangible Liabilities Net IntangibleLiabilitiesNet	2534818	USD
	dei	Entity Registrant Name EntityRegistrantName	TECOGEN INC.
	dei	Entity Shell Company EntityShellCompany	false
	dei	Entity Small Business EntitySmallBusiness	true
CY2019Q3	tgen	Amortizationof Contract Related Intangible Assetsand Liabilities Net AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet	107998	USD
	tgen	Amortizationof Contract Related Intangible Assetsand Liabilities Net AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet	394731	USD
CY2020Q3	tgen	Amortizationof Contract Related Intangible Assetsand Liabilities Net AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet	98053	USD
	tgen	Amortizationof Contract Related Intangible Assetsand Liabilities Net AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet	301414	USD
CY2020Q2	tgen	Debt Instrument Numberof Periodic Payments DebtInstrumentNumberofPeriodicPayments	18	payment
CY2020Q2	tgen	Debt Instrument Termination Fee DebtInstrumentTerminationFee	25000	USD
CY2019Q3	tgen	Depreciation Depletionand Amortization Property Plantand Equipment DepreciationDepletionandAmortizationPropertyPlantandEquipment	180662	USD
	tgen	Depreciation Depletionand Amortization Property Plantand Equipment DepreciationDepletionandAmortizationPropertyPlantandEquipment	686880	USD
CY2020Q3	tgen	Depreciation Depletionand Amortization Property Plantand Equipment DepreciationDepletionandAmortizationPropertyPlantandEquipment	175869	USD
	tgen	Depreciation Depletionand Amortization Property Plantand Equipment DepreciationDepletionandAmortizationPropertyPlantandEquipment	527886	USD
CY2019Q4	tgen	Finite Lived Intangible Liabilities Accumulated Amortization FiniteLivedIntangibleLiabilitiesAccumulatedAmortization	2154207	USD
CY2020Q3	tgen	Finite Lived Intangible Liabilities Accumulated Amortization FiniteLivedIntangibleLiabilitiesAccumulatedAmortization	2483724	USD
	tgen	Increase Decrease In Prepaid Expense And Other Current Assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets	19586	USD
CY2020Q3	tgen	Intangible Liabilities Net IntangibleLiabilitiesNet	2205301	USD
CY2019Q4	tgen	Intangible Liability Gross IntangibleLiabilityGross	4689025	USD
CY2020Q3	tgen	Intangible Liability Gross IntangibleLiabilityGross	4689025	USD
CY2019Q3	tgen	Interestand Other Income Expense InterestandOtherIncomeExpense	192	USD
	tgen	Interestand Other Income Expense InterestandOtherIncomeExpense	790	USD
CY2020Q3	tgen	Interestand Other Income Expense InterestandOtherIncomeExpense	-12	USD
	tgen	Interestand Other Income Expense InterestandOtherIncomeExpense	11953	USD
CY2020Q3	tgen	Maintenanceand Operation Fee Receivable MaintenanceandOperationFeeReceivable	40425	USD
	tgen	Noncash Interest Expense NoncashInterestExpense	36252	USD
	tgen	Noncash Interest Expense NoncashInterestExpense	51190	USD
CY2019Q4	tgen	Notes Payableand Lineof Credit Related Parties Current NotesPayableandLineofCreditRelatedPartiesCurrent	2402384	USD
CY2020Q3	tgen	Notes Payableand Lineof Credit Related Parties Current NotesPayableandLineofCreditRelatedPartiesCurrent	0	USD
	tgen	Numberof Energy Producing Sites Sold NumberofEnergyProducingSitesSold	8	site
CY2019Q1	tgen	Numberof Salesof Energy Producing Assets NumberofSalesofEnergyProducingAssets	2	sale
	tgen	Payment Termon Contractually Determined Milestones PaymentTermonContractuallyDeterminedMilestones	P30D
	tgen	Payment Termon Energy Production Contract Invoices PaymentTermonEnergyProductionContractInvoices	P30D
	tgen	Payment Termon Installation Services PaymentTermonInstallationServices	P30D
	tgen	Payment Termon Product Sales PaymentTermonProductSales	P30D
	tgen	Paymentof Stock Issuance Costs Acquisition PaymentofStockIssuanceCostsAcquisition	1011	USD
	tgen	Paymentof Stock Issuance Costs Acquisition PaymentofStockIssuanceCostsAcquisition	1951	USD
	tgen	Paymentsto Noncontrolling Interests Investing Activities PaymentstoNoncontrollingInterestsInvestingActivities	48127	USD
	tgen	Paymentsto Noncontrolling Interests Investing Activities PaymentstoNoncontrollingInterestsInvestingActivities	41740	USD
CY2020Q2	tgen	Payroll Protection Program Loan Proceedsusedfor Payroll Rentand Utilities Percentduring8week Covered Period Following Disbursementof Loan PayrollProtectionProgramLoanProceedsusedforPayrollRentandUtilitiesPercentduring8weekCoveredPeriodFollowingDisbursementofLoan	1
CY2020Q3	tgen	Percentage Of Owned Joint Venture PercentageOfOwnedJointVenture	0.51
CY2020Q3	tgen	Performance Obligation Recognizedin Year Two Percent PerformanceObligationRecognizedinYearTwoPercent	0.01
CY2020Q3	tgen	Performance Obligation Recognizedover Next Twelve Months Percent PerformanceObligationRecognizedoverNextTwelveMonthsPercent	0.98
CY2020Q3	tgen	Performance Obligation Recognizedover Next Two Years Percent PerformanceObligationRecognizedoverNextTwoYearsPercent	0.99
CY2019Q4	tgen	Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress	3465948	USD
CY2020Q3	tgen	Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress	2998014	USD
CY2020Q3	us-gaap	Assets Current AssetsCurrent	23564071	USD
CY2019Q3	tgen	Settlement Of Receivable From Shareholder SettlementOfReceivableFromShareholder	5661	USD
	tgen	Settlement Of Receivable From Shareholder SettlementOfReceivableFromShareholder	26417	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1951	USD
CY2019Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialLiabilities	2534818	USD
CY2020Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialLiabilities	2205301	USD
	tgen	Settlement Of Receivable From Shareholder SettlementOfReceivableFromShareholder	1200	USD
CY2020Q3	tgen	Unbilled Revenue Revenue Recognized UnbilledRevenueRevenueRecognized	2200000	USD
CY2019Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	5271756	USD
CY2020Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	3815875	USD
CY2019Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	14569397	USD
CY2020Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8885455	USD
CY2019Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2599366	USD
CY2020Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2650873	USD
CY2019Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3206253	USD
CY2020Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3721187	USD
CY2019Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	56622285	USD
CY2020Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	56753845	USD
CY2019Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	42671	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	120604	USD
CY2020Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	50582	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	132312	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1011	USD
CY2020Q3	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1149	USD
CY2019Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	22951	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	70699	USD
CY2020Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	21564	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	64692	USD
CY2019Q3	us-gaap	Assets Assets	39954322	USD
CY2019Q4	us-gaap	Assets Assets	41116635	USD
CY2020Q3	us-gaap	Assets Assets	35247765	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	27909147	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	877676	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1647471	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	272552	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	780740	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	877676	USD
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1647471	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	508188	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	769795	USD
CY2019Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2020Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2020Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24849261	shares
CY2020Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24850261	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24849261	shares
CY2020Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1328657	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-212012	USD
CY2019Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	145464	USD
CY2020Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1080354	USD
CY2020Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24850261	shares
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	24849	USD
CY2020Q3	us-gaap	Common Stock Value CommonStockValue	24850	USD
CY2019Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	5421811	USD
CY2020Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	5370422	USD
CY2020Q3	us-gaap	Contract With Customer Performance Obligation Satisfied In Previous Period ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod	1800000	USD
CY2019Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5839236	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	15498589	USD
CY2020Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4412963	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	14112563	USD
CY2019Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	7881	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	15667	USD
CY2020Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	9397	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	27791	USD
CY2020Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.01
CY2019Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2635619	USD
CY2020Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	125556	USD
CY2020Q3	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	2600000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	362848	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	293941	USD
CY2019Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.17
CY2020Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.08
CY2019Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	984783	USD
CY2019Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1593781	USD
CY2020Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1441518	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1081049	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	USD
CY2019Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2333887	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7672550	USD
CY2020Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2318789	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7645729	USD
CY2019Q4	us-gaap	Goodwill Goodwill	5281867	USD
CY2020Q3	us-gaap	Goodwill Goodwill	5281867	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	3693198	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2019Q3	us-gaap	Gross Profit GrossProfit	2831241	USD
	us-gaap	Gross Profit GrossProfit	9215915	USD
CY2020Q3	us-gaap	Gross Profit GrossProfit	2786744	USD
	us-gaap	Gross Profit GrossProfit	8484902	USD
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	us-gaap	Selling Expense SellingExpense	2067674	USD
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	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	13435817	USD
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	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10309372	USD
CY2019Q3	us-gaap	Share Based Compensation ShareBasedCompensation	42671	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	120604	USD
CY2020Q3	us-gaap	Share Based Compensation ShareBasedCompensation	50482	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	132312	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	23268020	USD
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CY2019Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24843177	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24838367	shares
CY2020Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24850261	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24850257	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business and Basis of Presentation</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Description of Business</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tecogen Inc., ("Tecogen," "Company,", "we," "our," or "us"), designs, manufactures, markets, and maintains high efficiency, ultra-clean cogeneration products including natural gas engine driven combined heat and power, air conditioning systems, and water heaters for residential, commercial, recreational and industrial use.  We provide cost efficient, environmentally friendly and reliable products for distributed power generation that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer’s carbon footprint. Tecogen products are expected to run on Renewable Natural Gas (RNG) as it is introduced into the US gas pipeline infrastructure.  </font></div><div style="line-height:120%;text-align:left;text-indent:46px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:46px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tecogen’s cogeneration systems (also known as combined heat and power or “CHP”) are efficient because they drive electric generators or compressors, which reduce the amount of electricity purchased from the utility while recovering the engine’s waste heat for water heating, space heating, and/or air conditioning at the customer’s building.  All of our products are standardized, modular, CHP products that reduce energy costs, carbon emissions, and dependence on the electric grid.  Tecogen’s products allow customers to produce power on-site in parallel with the electric grid or stand alone when no utility grid is available via inverter-based black-start capability.  Because our CHP systems also produce clean, usable heat energy, they provide economic advantages to customers who can benefit from the use of hot water, chilled water, air conditioning and heating.  </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The majority of the Company’s customers are located in regions with the highest utility rates, typically California, the Midwest and the Northeast. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 18, 2017, the Company acquired </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> of the outstanding common stock of American DG Energy Inc. in a stock-for-stock merger whereupon American DG Energy became a wholly-owned subsidiary of the Company.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company voluntarily delisted its shares of common stock from Nasdaq effective June 19, 2020, and, since that date, the Company's shares of common stock have been quoted on the OTC Markets Group Inc.’s OTCQX Best Market. The Company’s shares continue to be quoted under the ticker symbol “TGEN.”</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Basis of Presentation</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the three and </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September 30, 2020</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2020</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated balance sheet at </font><font style="font-family:inherit;font-size:10pt;">December 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For further information, refer to the consolidated financial statements and footnotes thereto included in Tecogen's Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2019</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and entities in which it has a controlling financial interest. Those entities include the Company's wholly-owned subsidiaries American DG Energy Inc., TTcogen LLC (liquidated and dissolved in August 2020), and a joint venture, American DG New York, LLC, in which American DG Energy Inc. holds a </font><font style="font-family:inherit;font-size:10pt;">51%</font><font style="font-family:inherit;font-size:10pt;"> interest. Investments in partnerships and companies in which the Company does not have a controlling financial interest but where we have significant influence are accounted for under the equity method. Any intercompany transactions have been eliminated in consolidation. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s operations are comprised of </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> business segments. Our Products and Services segment designs, manufactures and sells industrial and commercial cogeneration systems as described above. Our Energy Production segment sells energy in the form of electricity, heat, hot water and cooling to our customers under long-term sales agreements. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassification </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform with current year presentation.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">The provisions for income taxes in the accompanying unaudited consolidated statements of operations differ from that which would be expected by applying the federal statutory tax rate primarily due to losses for which no benefit is recognized.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates</font></div></div>

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$TGEN
TECOGEN INC. Stock $tgen

2020 Q4 Form 10-Q Financial Statement

#000153743520000122 Filed on November 12, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TGEN TECOGEN INC. Stock $tgen

2020 Q4 Form 10-Q Financial Statement

#000153743520000122 Filed on November 12, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TGEN
TECOGEN INC. Stock $tgen