TurnOnGreen Inc (NASDAQ: TOGI) is an electric vehicle charging infrastructure and power systems company that designs, manufactures, resells, owns, and operates Level 2 AC and DC fast charging equipment for residential, commercial, and fleet applications. Revenue comes from two streams: one-time hardware sales and recurring subscription fees for TOG Network Services, which cover charger connectivity, software features, authentication, energy billing, and site-host management tools. The company also offers a charger-as-a-service (CaaS) model that bundles hardware with network access. A secondary business segment, operating under the Digital Power brand, sells advanced AC/DC and DC/DC power system products ranging from 10 to 9,000 watts for consumer electronics, medical, and industrial control applications. The company is headquartered at 2030 Ringwood Ave., San Jose, California 95131. Per the 10-K filed 2026-03-31, TOGI projects that recurring subscription revenue from TOG Network Services and extended warranties will reach parity with one-time hardware sales after approximately five years.

Revenue model

One-time sales of networked EV charging hardware (EV700, EVP700, EV1100, EVP1900 models); recurring annual subscription fees for TOG Network Services (connectivity, software, authentication, energy billing, site-host management); optional annual extended-warranty coverage; and a CaaS model bundling hardware with network access. Power system product sales generate additional transactional revenue. Per 10-K filed 2026-03-31.

Products and services

Level 2 AC charging systems for residential and commercial use; DC fast charging (DCFC) systems for high-traffic and fleet locations; EV700, EVP700, EV1100, and EVP1900 commercial charging hardware models; TOG Network Services software platform; CaaS (charger-as-a-service) bundles; AC/DC and DC/DC power supplies from 10 to 9,000 watts under the Digital Power and DP Digital Power brands; board mount converters for consumer electronics, medical, and industrial applications. Per 10-K filed 2026-03-31.

Customers and end markets

Fleet operators, municipalities, utilities, single-family homeowners, multi-family residential properties, hospitality and healthcare facilities, retail properties, schools, workplaces, and fleet depots. DCFC systems target high-traffic urban, suburban, corridor, destination, and fleet locations. Power system products serve consumer electronics, medical, and industrial control customers. Per 10-K filed 2026-03-31.

Value-chain role

Vertically involved: designs, manufactures (with reliance on third-party component vendors and subcontractors), resells, owns, operates, and supplies EV charging equipment. Also provides the software network layer (TOG Network) that sits between hardware and end users. Trademarks registered with the USPTO and WIPO Madrid System; IP maintained without patent protection for most EVSE products. Per 10-K filed 2026-03-31.

Geographic exposure

Principal operations in the United States, headquartered in San Jose, California. Safety certifications are designed to comply with North American regulatory and industry standards. WIPO Madrid System trademark registration suggests international IP coverage, though no specific international revenue geography is disclosed in the filing excerpts. Per 10-K filed 2026-03-31.

Source: SEC 10-K, filed 2026-03-31

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: Capstone Companies Inc Emerson Electric Co Energy Focus Inc SOLAR INTEGRATED ROOFING CORP. /entities/aetn