2022 Q2 Form 10-Q Financial Statement

#000153743522000102 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q4 2021 Q2
Revenue $6.415M $7.180M $6.145M
YoY Change 4.39% 26.92% -17.35%
Cost Of Revenue $3.711M $3.728M $3.302M
YoY Change 12.38% 12.48% -27.08%
Gross Profit $2.703M $3.452M $2.843M
YoY Change -4.9% 47.35% -2.18%
Gross Profit Margin 42.15% 48.08% 46.26%
Selling, General & Admin $3.521M $3.162M $3.152M
YoY Change 11.69% -2.31% -7.45%
% of Gross Profit 130.23% 91.59% 110.89%
Research & Development $194.9K $161.0K $132.9K
YoY Change 46.64% 23.86% -19.96%
% of Gross Profit 7.21% 4.66% 4.67%
Depreciation & Amortization $110.7K $112.2K $117.4K
YoY Change -5.74% -6.64% 13.44%
% of Gross Profit 4.09% 3.25% 4.13%
Operating Expenses $3.716M $3.323M $3.285M
YoY Change 13.11% -6.19% -8.03%
Operating Profit -$817.3K $129.2K -$309.6K
YoY Change 164.03% -110.77% -38.07%
Interest Expense $12.73K -$73.53K $5.088K
YoY Change 150.26% 283.57% -90.96%
% of Operating Profit -56.93%
Other Income/Expense, Net -$1.270K
YoY Change
Pretax Income -$831.3K $66.12K $416.2K
YoY Change -299.73% -101.59% -165.59%
Income Tax $6.500K $500.00 $7.930K
% Of Pretax Income 0.76% 1.91%
Net Earnings -$856.2K $62.97K $399.6K
YoY Change -314.25% -101.55% -161.12%
Net Earnings / Revenue -13.35% 0.88% 6.5%
Basic Earnings Per Share -$0.03 $0.02
Diluted Earnings Per Share -$0.03 $2.534K $0.02
COMMON SHARES
Basic Shares Outstanding 24.85M shares 24.85M shares 24.85M shares
Diluted Shares Outstanding 24.85M shares 25.13M shares

Balance Sheet

Concept 2022 Q2 2021 Q4 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.831M $3.614M $3.185M
YoY Change -11.12% 142.55% 11.38%
Cash & Equivalents $2.831M $3.614M $3.185M
Short-Term Investments
Other Short-Term Assets $601.4K $578.8K $839.7K
YoY Change -28.38% -3.07% 30.92%
Inventory $8.203M $7.765M $6.812M
Prepaid Expenses
Receivables $8.881M $8.482M $7.777M
Other Receivables $713.3K $9.758M $713.3K
Total Short-Term Assets $23.37M $24.97M $23.23M
YoY Change 0.62% 12.53% -2.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.711M $1.783M $2.025M
YoY Change -15.54% -21.93% -36.06%
Goodwill $2.406M $2.406M $2.406M
YoY Change 0.0% 0.0% -54.44%
Intangibles $1.100M $1.181M $1.244M
YoY Change -11.64% -13.18% -15.68%
Long-Term Investments $112.5K
YoY Change
Other Assets $184.8K $148.1K $248.7K
YoY Change -25.69% -24.57% 27.26%
Total Long-Term Assets $6.963M $7.387M $8.093M
YoY Change -13.96% -6.24% -32.72%
TOTAL ASSETS
Total Short-Term Assets $23.37M $24.97M $23.23M
Total Long-Term Assets $6.963M $7.387M $8.093M
Total Assets $30.33M $32.36M $31.32M
YoY Change -3.15% 7.61% -12.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.260M $3.508M $2.598M
YoY Change 25.51% -16.13% -36.24%
Accrued Expenses $2.269M $2.344M $2.139M
YoY Change 6.09% 17.57% -26.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $7.733M $8.781M $6.474M
YoY Change 19.45% -4.25% -26.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.874M
YoY Change -100.0% -100.0% 12.55%
Other Long-Term Liabilities $974.8K $1.315M $1.643M
YoY Change -40.67% 7.59% 18.67%
Total Long-Term Liabilities $974.8K $1.315M $1.643M
YoY Change -40.67% 7.59% 18.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.733M $8.781M $6.474M
Total Long-Term Liabilities $974.8K $1.315M $1.643M
Total Liabilities $9.791M $11.23M $11.81M
YoY Change -17.06% -12.28% -17.44%
SHAREHOLDERS EQUITY
Retained Earnings -$36.60M -$35.83M -$37.36M
YoY Change -2.04% -9.35% 6.04%
Common Stock $24.85K $24.85K $24.85K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.63M $21.21M $19.57M
YoY Change
Total Liabilities & Shareholders Equity $30.33M $32.36M $31.32M
YoY Change -3.15% 7.61% -12.7%

Cashflow Statement

Concept 2022 Q2 2021 Q4 2021 Q2
OPERATING ACTIVITIES
Net Income -$856.2K $62.97K $399.6K
YoY Change -314.25% -101.55% -161.12%
Depreciation, Depletion And Amortization $110.7K $112.2K $117.4K
YoY Change -5.74% -6.64% 13.44%
Cash From Operating Activities -$2.474M $293.0K -$473.4K
YoY Change 422.51% -4833.93% -128.82%
INVESTING ACTIVITIES
Capital Expenditures -$141.5K -$14.04K -$31.41K
YoY Change 350.33% -60.74%
Acquisitions
YoY Change
Other Investing Activities -$14.67K -$15.77K -$15.64K
YoY Change -6.2% -272.73% 3810.0%
Cash From Investing Activities -$156.1K -$29.81K -$47.04K
YoY Change 231.89% -426.51% -41.49%
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 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -2.474M 293.0K -473.4K
Cash From Investing Activities -156.1K -29.81K -47.04K
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -2.630M 263.2K -520.5K
YoY Change 405.28% 8853.06% -126.85%
FREE CASH FLOW
Cash From Operating Activities -$2.474M $293.0K -$473.4K
Capital Expenditures -$141.5K -$14.04K -$31.41K
Free Cash Flow -$2.332M $307.1K -$442.0K
YoY Change 427.64% -5060.74% -125.66%

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us-gaap Selling Expense
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us-gaap Selling Expense
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us-gaap Research And Development Expense
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36445 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Contract Termination
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us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap Selling Expense
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us-gaap Selling Expense
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us-gaap Research And Development Expense
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334988 usd
us-gaap Research And Development Expense
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us-gaap Gain Loss On Disposition Of Assets1
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36445 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Gain Loss On Contract Termination
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71375 usd
us-gaap Gain Loss On Contract Termination
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us-gaap Selling General And Administrative Expense
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6530595 usd
us-gaap Selling General And Administrative Expense
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us-gaap Debt Securities Available For Sale Realized Gain
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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37497 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Interest Income Expense Net
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us-gaap Current State And Local Tax Expense Benefit
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tgen Employee Retention Credit
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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37497 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Interest Income Expense Net
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us-gaap Current State And Local Tax Expense Benefit
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us-gaap Profit Loss
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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21307784 usd
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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24850261 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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21307784 usd
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2021Q2 us-gaap Profit Loss
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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15636 usd
CY2021Q2 us-gaap Profit Loss
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408303 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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19514094 usd
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Profit Loss
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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19514094 usd
dei Document Period End Date
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2022-06-30
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ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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241470 usd
us-gaap Gains Losses On Extinguishment Of Debt
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tgen Employee Retention Credit
EmployeeRetentionCredit
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us-gaap Share Based Compensation
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185600 usd
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93766 usd
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46000 usd
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36445 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Debt Securities Available For Sale Realized Gain
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56246 usd
us-gaap Depreciation Depletion And Amortization
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217718 usd
us-gaap Depreciation Depletion And Amortization
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241470 usd
us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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tgen Employee Retention Credit
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us-gaap Share Based Compensation
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185600 usd
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93766 usd
us-gaap Provision For Doubtful Accounts
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46000 usd
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us-gaap Gain Loss On Disposition Of Assets1
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36445 usd
us-gaap Gain Loss On Disposition Of Assets1
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us-gaap Debt Securities Available For Sale Realized Gain
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us-gaap Debt Securities Available For Sale Realized Gain
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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37497 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Gain Loss On Contract Termination
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71375 usd
us-gaap Gain Loss On Contract Termination
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Gain Loss On Contract Termination
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71375 usd
us-gaap Gain Loss On Contract Termination
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7400 usd
us-gaap Increase Decrease In Accounts Receivable
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444541 usd
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tgen Increase Decrease In Prepaid Expense And Other Current Assets
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22618 usd
tgen Increase Decrease In Prepaid Expense And Other Current Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1695259 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3614463 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1490219 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2831107 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3185478 usd
us-gaap Interest Paid Net
InterestPaidNet
12733 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
10430 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
15991 usd
us-gaap Nature Of Operations
NatureOfOperations
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Description of Business and Basis of Presentation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Description of Business</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Tecogen Inc., or we, our or us, produces commercial and industrial engine-driven, combined heat and power (CHP) products that reduce energy costs, decrease greenhouse gas emissions and alleviate congestion on the national power grid. Our products supply electric power or mechanical power for cooling, while heat from the engine is recovered and purposefully used at a facility. We also install, own, operate and maintain complete energy systems and other complementary systems at customer sites and sell electricity, hot water, heat and cooling energy under long-term contracts at prices guaranteed to the customer to be below conventional utility rates. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The majority of our customers are located in regions with the highest utility rates, typically California, the Midwest and the Northeast. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Our common stock is quoted on OTC Markets Group, Inc.'s OTCQX Best Market tier and trades under the symbol "TGEN."</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On May 18, 2017, the Company acquired 100% of the outstanding common stock of American DG Energy Inc., formerly a related entity, in a stock-for-stock merger.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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 six months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. </span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The condensed consolidated balance sheet at December 31, 2021 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. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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 December 31, 2021.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The accompanying unaudited condensed consolidated financial statements include our accounts and the accounts of entities in which we have a controlling financial interest. Those entities include our wholly-owned subsidiaries American DG Energy Inc., Tecogen CHP Solutions, Inc., and a joint venture, American DG New York, LLC, in which American DG Energy Inc. holds a 51% interest. Investments in partnerships and companies in which we do 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. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Our operations are comprised of three business segments. Our Products segment designs, manufactures and sells industrial and commercial cogeneration systems as described above. Our Services segment provides operation and maintenance services to customers for our products. Our Energy Production segment sells energy in the form of electricity, heat, hot water and cooling to our customers under long-term sales agreements. </span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">    </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Employee Retention Credit</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law providing numerous tax provisions and other stimulus measures, including an employee retention credit (“ERC”), which is a refundable tax credit against certain employment taxes. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 and the American Rescue Plan Act of 2021 extended and expanded the availability of the ERC. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Section 2301(c)(2)(B) of the CARES Act permits an employer to use an alternative quarter to calculate gross receipts and the employer may determine if the decline in gross receipt tests is met for a calendar quarter in 2021 by comparing its gross receipts for the immediately preceding calendar quarter with those for the corresponding calendar quarter in 2019. Accordingly, for the first quarter of 2021, we elected to use our gross receipts for the fourth calendar quarter of 2020 compared to our gross receipts for the fourth calendar quarter of 2019. As a result of our election to use an alternative quarter, we qualified for the ERC in the first, second and third quarters of 2021 because our gross receipts decreased by more than 20% from the first, second and third quarters of 2019. As a result of averaging 100 or fewer full-time employees in 2019, all wages paid to employees in the first, second and third quarters of 2021, excluding the wages that were applied to the Paycheck Protection Loan Second Draw, were eligible for the ERC. Wages used towards PPP loan forgiveness cannot be used as qualified wages for purposes of the ERC.</span></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Accounting Standards Codification 105, "Generally Accepted Accounting Principles," describes the decision-making framework when no guidance exists in US GAAP for a particular transaction. Specifically, ASC 105-10-05-2 instructs companies to look for guidance for a similar transaction within US GAAP and apply that guidance by analogy. As such, forms of government assistance, such as the ERC, provided to business entities would not be within the scope of ASC 958, but it may be applied by analogy under ASC 105-10-05-2. We accounted for the Employee Retention Credit as a government grant in accordance with Accounting Standards Update 2013-06, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Not-for-Profit Entities (Topic 958) ("ASU 2013-06") </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">by analogy under ASC 105-10-05-2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under this standard, government grants are recognized when the conditions on which they depend are substantially met. The conditions for recognition of the ERC include, but are not limited to:</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">An entity has been adversely affected by the COVID-19 pandemic</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">We have not used qualifying payroll for both the Paycheck Protection Program and the ERC</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">We incurred payroll costs to retain employees</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The process for filing for the credit is an administrative task and not a barrier to receiving the credits</span></div>    A current receivable in the amount of $713,269 is included in our condensed consolidated balance sheet as of June 30, 2022. On April 14, 2022, we received $564,027 from the Internal Revenue Service representing the ERC claim for the third quarter of 2021 and $1,275 of accrued interest. We are still awaiting payment from the Internal Revenue Service for the ERC claims from the first and second quarters of 2021.
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-783356 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1695259 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3614463 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1490219 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2831107 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3185478 usd
us-gaap Interest Paid Net
InterestPaidNet
12733 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
10430 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
15991 usd
us-gaap Nature Of Operations
NatureOfOperations
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Description of Business and Basis of Presentation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Description of Business</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Tecogen Inc., or we, our or us, produces commercial and industrial engine-driven, combined heat and power (CHP) products that reduce energy costs, decrease greenhouse gas emissions and alleviate congestion on the national power grid. Our products supply electric power or mechanical power for cooling, while heat from the engine is recovered and purposefully used at a facility. We also install, own, operate and maintain complete energy systems and other complementary systems at customer sites and sell electricity, hot water, heat and cooling energy under long-term contracts at prices guaranteed to the customer to be below conventional utility rates. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The majority of our customers are located in regions with the highest utility rates, typically California, the Midwest and the Northeast. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Our common stock is quoted on OTC Markets Group, Inc.'s OTCQX Best Market tier and trades under the symbol "TGEN."</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On May 18, 2017, the Company acquired 100% of the outstanding common stock of American DG Energy Inc., formerly a related entity, in a stock-for-stock merger.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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 six months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. </span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The condensed consolidated balance sheet at December 31, 2021 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. </span></div><div style="margin-bottom:5pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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 December 31, 2021.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    The accompanying unaudited condensed consolidated financial statements include our accounts and the accounts of entities in which we have a controlling financial interest. Those entities include our wholly-owned subsidiaries American DG Energy Inc., Tecogen CHP Solutions, Inc., and a joint venture, American DG New York, LLC, in which American DG Energy Inc. holds a 51% interest. Investments in partnerships and companies in which we do 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. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Our operations are comprised of three business segments. Our Products segment designs, manufactures and sells industrial and commercial cogeneration systems as described above. Our Services segment provides operation and maintenance services to customers for our products. Our Energy Production segment sells energy in the form of electricity, heat, hot water and cooling to our customers under long-term sales agreements. </span></div><div style="margin-bottom:6pt;margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    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.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">    </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Employee Retention Credit</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law providing numerous tax provisions and other stimulus measures, including an employee retention credit (“ERC”), which is a refundable tax credit against certain employment taxes. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 and the American Rescue Plan Act of 2021 extended and expanded the availability of the ERC. </span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Section 2301(c)(2)(B) of the CARES Act permits an employer to use an alternative quarter to calculate gross receipts and the employer may determine if the decline in gross receipt tests is met for a calendar quarter in 2021 by comparing its gross receipts for the immediately preceding calendar quarter with those for the corresponding calendar quarter in 2019. Accordingly, for the first quarter of 2021, we elected to use our gross receipts for the fourth calendar quarter of 2020 compared to our gross receipts for the fourth calendar quarter of 2019. As a result of our election to use an alternative quarter, we qualified for the ERC in the first, second and third quarters of 2021 because our gross receipts decreased by more than 20% from the first, second and third quarters of 2019. As a result of averaging 100 or fewer full-time employees in 2019, all wages paid to employees in the first, second and third quarters of 2021, excluding the wages that were applied to the Paycheck Protection Loan Second Draw, were eligible for the ERC. Wages used towards PPP loan forgiveness cannot be used as qualified wages for purposes of the ERC.</span></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Accounting Standards Codification 105, "Generally Accepted Accounting Principles," describes the decision-making framework when no guidance exists in US GAAP for a particular transaction. Specifically, ASC 105-10-05-2 instructs companies to look for guidance for a similar transaction within US GAAP and apply that guidance by analogy. As such, forms of government assistance, such as the ERC, provided to business entities would not be within the scope of ASC 958, but it may be applied by analogy under ASC 105-10-05-2. We accounted for the Employee Retention Credit as a government grant in accordance with Accounting Standards Update 2013-06, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Not-for-Profit Entities (Topic 958) ("ASU 2013-06") </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">by analogy under ASC 105-10-05-2.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under this standard, government grants are recognized when the conditions on which they depend are substantially met. The conditions for recognition of the ERC include, but are not limited to:</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">An entity has been adversely affected by the COVID-19 pandemic</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">We have not used qualifying payroll for both the Paycheck Protection Program and the ERC</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">We incurred payroll costs to retain employees</span></div><div style="margin-bottom:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The process for filing for the credit is an administrative task and not a barrier to receiving the credits</span></div>    A current receivable in the amount of $713,269 is included in our condensed consolidated balance sheet as of June 30, 2022. On April 14, 2022, we received $564,027 from the Internal Revenue Service representing the ERC claim for the third quarter of 2021 and $1,275 of accrued interest. We are still awaiting payment from the Internal Revenue Service for the ERC claims from the first and second quarters of 2021.
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 tgen Percentage Of Owned Joint Venture
PercentageOfOwnedJointVenture
0.51
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 tgen Percentage Of Owned Joint Venture
PercentageOfOwnedJointVenture
0.51
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates    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
CY2020Q2 tgen Decrease In Gross Receipts
DecreaseInGrossReceipts
0.20
CY2020Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
100 employee
CY2022Q2 tgen Employee Retention Credit Current
EmployeeRetentionCreditCurrent
713269 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6414593 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13852916 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6145102 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12202263 usd
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates    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
CY2020Q2 tgen Decrease In Gross Receipts
DecreaseInGrossReceipts
0.20
CY2020Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
100 employee
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13852916 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6145102 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12202263 usd
tgen Payment Termon Product Sales
PaymentTermonProductSales
P30D
tgen Payment Termon Contractually Determined Milestones
PaymentTermonContractuallyDeterminedMilestones
P30D
tgen Payment Termon Energy Production Contract Invoices
PaymentTermonEnergyProductionContractInvoices
P30D
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
0 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1315517 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
tgen Payment Termon Product Sales
PaymentTermonProductSales
P30D
tgen Payment Termon Contractually Determined Milestones
PaymentTermonContractuallyDeterminedMilestones
P30D
tgen Payment Termon Energy Production Contract Invoices
PaymentTermonEnergyProductionContractInvoices
P30D
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
0 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1315517 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
800000 usd
CY2022Q2 tgen Performance Obligation Recognizedover Next Two Years Percent
PerformanceObligationRecognizedoverNextTwoYearsPercent
0.784
CY2022Q2 tgen Performance Obligation Recognizedover Next Twelve Months Percent
PerformanceObligationRecognizedoverNextTwelveMonthsPercent
0.618
CY2022Q2 tgen Performance Obligation Recognizedin Year Two Percent
PerformanceObligationRecognizedinYearTwoPercent
0.166
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
800000 usd
CY2022Q2 tgen Performance Obligation Recognizedover Next Two Years Percent
PerformanceObligationRecognizedoverNextTwoYearsPercent
0.784
CY2022Q2 tgen Performance Obligation Recognizedover Next Twelve Months Percent
PerformanceObligationRecognizedoverNextTwelveMonthsPercent
0.618
CY2022Q2 tgen Performance Obligation Recognizedin Year Two Percent
PerformanceObligationRecognizedinYearTwoPercent
0.166
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-856218 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
399631 usd
us-gaap Net Income Loss
NetIncomeLoss
-766809 usd
us-gaap Net Income Loss
NetIncomeLoss
2166338 usd
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-856218 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
399631 usd
us-gaap Net Income Loss
NetIncomeLoss
-766809 usd
us-gaap Net Income Loss
NetIncomeLoss
2166338 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24850261 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24850261 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25125210 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24850261 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25102470 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24850261 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25125210 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24850261 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25102470 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
7540331 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
7072991 usd
CY2022Q2 tgen Inventory Raw Materials Reserves
InventoryRawMaterialsReserves
381000 usd
CY2021Q4 tgen Inventory Raw Materials Reserves
InventoryRawMaterialsReserves
381000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7159331 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6691991 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
401601 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
549802 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
642161 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
7540331 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
7072991 usd
CY2022Q2 tgen Inventory Raw Materials Reserves
InventoryRawMaterialsReserves
381000 usd
CY2021Q4 tgen Inventory Raw Materials Reserves
InventoryRawMaterialsReserves
381000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7159331 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6691991 usd
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
401601 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
549802 usd
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
642161 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
523196 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
8203093 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
7764989 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
523196 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
8203093 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
7764989 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5947514 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5872993 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4236870 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4090049 usd
CY2022Q2 tgen Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress
PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress
1710644 usd
CY2021Q4 tgen Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress
PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress
1782944 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5872993 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4236870 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4090049 usd
CY2022Q2 tgen Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress
PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress
1710644 usd
CY2021Q4 tgen Property Plant And Equipment Net Before Public Utilities Contruction Work In Progress
PropertyPlantAndEquipmentNetBeforePublicUtilitiesContructionWorkInProgress
1782944 usd
tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
250610 usd
CY2021Q2 tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
145458 usd
tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
306014 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
67169 usd
CY2022Q2 tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
123818 usd
tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
250610 usd
CY2021Q2 tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
145458 usd
tgen Depreciation Depletionand Amortization Property Plantand Equipment
DepreciationDepletionandAmortizationPropertyPlantandEquipment
306014 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
67169 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
36445 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2581673 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1482163 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1099510 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2552168 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1371145 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1181023 usd
CY2022Q2 tgen Intangible Liability Gross
IntangibleLiabilityGross
2903419 usd
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2581673 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1482163 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1371145 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1181023 usd
CY2022Q2 tgen Intangible Liability Gross
IntangibleLiabilityGross
2903419 usd
CY2022Q2 tgen Intangible Liabilities Net
IntangibleLiabilitiesNet
1044222 usd
CY2021Q4 tgen Intangible Liability Gross
IntangibleLiabilityGross
3056655 usd
CY2021Q4 tgen Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
1797149 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100491 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
51187 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94077 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 tgen Amortizationof Contract Related Intangible Assetsand Liabilities Net
AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet
62857 usd
tgen Amortizationof Contract Related Intangible Assetsand Liabilities Net
AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet
133383 usd
CY2021Q2 tgen Amortizationof Contract Related Intangible Assetsand Liabilities Net
AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet
79569 usd
tgen Amortizationof Contract Related Intangible Assetsand Liabilities Net
AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet
158622 usd
CY2022Q2 tgen Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
1859197 usd
CY2022Q2 tgen Intangible Liabilities Net
IntangibleLiabilitiesNet
1044222 usd
CY2021Q4 tgen Intangible Liability Gross
IntangibleLiabilityGross
3056655 usd
CY2021Q4 tgen Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
1797149 usd
CY2021Q4 tgen Intangible Liabilities Net
IntangibleLiabilitiesNet
1259506 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50469 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100491 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
51187 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94077 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
tgen Amortizationof Contract Related Intangible Assetsand Liabilities Net
AmortizationofContractRelatedIntangibleAssetsandLiabilitiesNet
158622 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
7400 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
7400 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
71375 usd
CY2020Q1 tgen Numberof Salesof Energy Producing Assets
NumberofSalesofEnergyProducingAssets
2 sale
CY2020Q1 tgen Numberof Energy Producing Sites Sold
NumberofEnergyProducingSitesSold
8 site
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7000000 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Contractual Obligation
ContractualObligation
3911 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
71375 usd
CY2020Q1 tgen Numberof Salesof Energy Producing Assets
NumberofSalesofEnergyProducingAssets
2 sale
CY2020Q1 tgen Numberof Energy Producing Sites Sold
NumberofEnergyProducingSitesSold
8 site
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7000000 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Contractual Obligation
ContractualObligation
3911 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Lease Cost
LeaseCost
210155 usd
us-gaap Lease Cost
LeaseCost
407074 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
198943 usd
us-gaap Lease Cost
LeaseCost
394216 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1561757 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
210155 usd
us-gaap Lease Cost
LeaseCost
407074 usd
CY2021Q2 us-gaap Lease Cost
LeaseCost
198943 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Operating Lease Payments
OperatingLeasePayments
365509 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
352579 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
825848 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1561757 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1869210 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
665310 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
641002 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
974751 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1315275 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Operating Lease Payments
OperatingLeasePayments
365509 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
352579 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
825848 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1869210 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
665310 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
641002 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1640061 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1956277 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
368272 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
743118 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
250659 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
105426 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
98783 usd
CY2022Q2 tgen Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
223851 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1790109 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
150048 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1640061 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1956277 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
743118 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
250659 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
98783 usd
CY2022Q2 tgen Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
223851 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
150048 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1640061 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
62500 usd
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Share Based Compensation
ShareBasedCompensation
185600 usd
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
54681 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1640061 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
62500 usd
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.50
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
89893 usd
us-gaap Share Based Compensation
ShareBasedCompensation
185600 usd
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
54681 usd
us-gaap Share Based Compensation
ShareBasedCompensation
93766 usd
us-gaap Share Based Compensation
ShareBasedCompensation
93766 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6414593 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
2703449 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2021Q2 us-gaap Gross Profit
GrossProfit
2842638 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12202263 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6414593 usd
CY2021Q2 us-gaap Assets
Assets
31319242 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
2703449 usd
CY2022Q2 us-gaap Assets
Assets
30333724 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13852916 usd
us-gaap Gross Profit
GrossProfit
5794238 usd
CY2022Q2 us-gaap Assets
Assets
30333724 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6145102 usd
us-gaap Gross Profit
GrossProfit
5793846 usd
CY2021Q2 us-gaap Assets
Assets
31319242 usd
CY2020Q2 tgen Decrease In Gross Receipts
DecreaseInGrossReceipts
0.20
CY2020Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
100 employee
CY2022Q2 tgen Employee Retention Credit Current
EmployeeRetentionCreditCurrent
713269 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022Q2 us-gaap Assets
Assets
30333724 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13852916 usd
us-gaap Gross Profit
GrossProfit
5794238 usd
CY2022Q2 us-gaap Assets
Assets
30333724 usd
CY2021Q2 us-gaap Assets
Assets
31319242 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12202263 usd
us-gaap Gross Profit
GrossProfit
5793846 usd
CY2021Q2 us-gaap Assets
Assets
31319242 usd

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0001537435-22-000102-index-headers.html Edgar Link pending
0001537435-22-000102-index.html Edgar Link pending
0001537435-22-000102.txt Edgar Link pending
0001537435-22-000102-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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