2024 Q1 Form 10-K Financial Statement
#000095017024034765 Filed on March 21, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $9.802M | $9.245M | $145.2M |
YoY Change | |||
Cost Of Revenue | $7.036M | $6.369M | $93.92M |
YoY Change | -77.8% | 66.08% | |
Gross Profit | $2.766M | $2.876M | $51.31M |
YoY Change | -84.94% | 107.13% | |
Gross Profit Margin | 28.22% | 31.11% | 35.33% |
Selling, General & Admin | $9.383M | $13.99M | $50.09M |
YoY Change | 12.57% | 150.63% | |
% of Gross Profit | 339.23% | 486.27% | 97.62% |
Research & Development | $2.471M | $2.433M | $9.496M |
YoY Change | 11.61% | 67.12% | |
% of Gross Profit | 89.33% | 84.6% | 18.51% |
Depreciation & Amortization | $310.0K | $286.0K | $1.106M |
YoY Change | 28.1% | 96.8% | |
% of Gross Profit | 11.21% | 9.94% | 2.16% |
Operating Expenses | $11.85M | $16.42M | $59.58M |
YoY Change | 1896.36% | 1802.87% | 4069.31% |
Operating Profit | -$9.088M | -$13.54M | -$8.275M |
YoY Change | 1430.54% | 479.03% | |
Interest Expense | $2.826M | -$2.875M | $4.132M |
YoY Change | 1052.53% | -407.35% | 151.05% |
% of Operating Profit | |||
Other Income/Expense, Net | -$2.418M | $1.752M | $3.468M |
YoY Change | -1086.13% | 110.7% | |
Pretax Income | -$11.51M | -$14.67M | -$846.0K |
YoY Change | 3200.87% | -20291.38% | -490.22% |
Income Tax | $0.00 | $109.0K | $138.0K |
% Of Pretax Income | |||
Net Earnings | -$11.51M | -$14.77M | -$4.383M |
YoY Change | 2698.95% | 6341.12% | 2359.35% |
Net Earnings / Revenue | -117.38% | -159.81% | -3.02% |
Basic Earnings Per Share | -$0.19 | -$0.08 | |
Diluted Earnings Per Share | -$0.19 | -$0.25 | -$0.12 |
COMMON SHARES | |||
Basic Shares Outstanding | 59.69M | 58.74M | 38.05M |
Diluted Shares Outstanding | 59.37M | 43.22M |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $21.95M | $6.382M | $31.21M |
YoY Change | 17631.9% | 7143.22% | 35322.77% |
Cash & Equivalents | $9.025M | $4.405M | $4.405M |
Short-Term Investments | $12.92M | $1.977M | $26.81M |
Other Short-Term Assets | $4.388M | $5.236M | $5.236M |
YoY Change | 3085.25% | 1733.91% | 1733.91% |
Inventory | $55.76M | $61.40M | $61.40M |
Prepaid Expenses | |||
Receivables | $6.306M | $6.862M | $6.862M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $88.40M | $104.7M | $104.7M |
YoY Change | 33700.6% | 27926.1% | 27925.8% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.375M | $3.458M | $5.961M |
YoY Change | 109.32% | ||
Goodwill | $12.21M | $12.21M | |
YoY Change | |||
Intangibles | $2.125M | $2.192M | |
YoY Change | |||
Long-Term Investments | $0.00 | $1.977M | $1.977M |
YoY Change | -100.0% | -91.99% | -91.99% |
Other Assets | $731.0K | $707.0K | $728.0K |
YoY Change | |||
Total Long-Term Assets | $20.73M | $23.07M | $23.07M |
YoY Change | -15.76% | -6.53% | -6.53% |
TOTAL ASSETS | |||
Total Short-Term Assets | $88.40M | $104.7M | $104.7M |
Total Long-Term Assets | $20.73M | $23.07M | $23.07M |
Total Assets | $109.1M | $127.8M | $127.8M |
YoY Change | 338.88% | 410.05% | 410.05% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.030M | $15.69M | $15.69M |
YoY Change | 535.73% | 2252.17% | 2252.17% |
Accrued Expenses | $5.478M | $7.194M | $9.873M |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $14.16M | $26.42M | $26.42M |
YoY Change | 1002.3% | 2388.02% | 2388.02% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $33.81M | $31.57M | $31.57M |
YoY Change | |||
Other Long-Term Liabilities | $6.833M | $6.964M | $6.964M |
YoY Change | |||
Total Long-Term Liabilities | $33.81M | $31.57M | $38.53M |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $14.16M | $26.42M | $26.42M |
Total Long-Term Liabilities | $33.81M | $31.57M | $38.53M |
Total Liabilities | $54.80M | $64.95M | $64.95M |
YoY Change | 4166.01% | 6016.96% | 6016.97% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$87.29M | -$75.78M | |
YoY Change | 8672.18% | 12877.14% | |
Common Stock | $6.000K | $6.000K | |
YoY Change | 1696.41% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $54.32M | $62.82M | $62.82M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $109.1M | $127.8M | $127.8M |
YoY Change | 338.88% | 410.05% | 410.05% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.51M | -$14.77M | -$4.383M |
YoY Change | 2698.95% | 6341.12% | 2359.35% |
Depreciation, Depletion And Amortization | $310.0K | $286.0K | $1.106M |
YoY Change | 28.1% | 96.8% | |
Cash From Operating Activities | -$11.27M | -$7.843M | -$36.58M |
YoY Change | 1713.22% | 2280.06% | 4125.63% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $367.0K | $259.0K | $2.564M |
YoY Change | 91.15% | 123.54% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $16.00M | $10.26M | -$28.35M |
YoY Change | 4876.99% | -89.05% | -130.25% |
Cash From Investing Activities | $15.64M | $10.00M | -$30.91M |
YoY Change | 4762.86% | -89.32% | -132.99% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $3.777M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 250.0K | 3.000K | 34.82M |
YoY Change | -25.47% | -100.0% | -137.22% |
NET CHANGE | |||
Cash From Operating Activities | -11.27M | -7.843M | -36.58M |
Cash From Investing Activities | 15.64M | 10.00M | -30.91M |
Cash From Financing Activities | 250.0K | 3.000K | 34.82M |
Net Change In Cash | 4.620M | 2.165M | -32.67M |
YoY Change | 12858.6% | -1313.84% | 4472.43% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$11.27M | -$7.843M | -$36.58M |
Capital Expenditures | $367.0K | $259.0K | $2.564M |
Free Cash Flow | -$11.63M | -$8.102M | -$39.14M |
YoY Change | 1330.3% | 1844.88% |
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CY2023 | tygo |
Change In Fair Value Of Preferred Stock Warrant And Contingent Shares Liability
ChangeInFairValueOfPreferredStockWarrantAndContingentSharesLiability
|
1109000 | |
CY2022 | tygo |
Change In Fair Value Of Preferred Stock Warrant And Contingent Shares Liability
ChangeInFairValueOfPreferredStockWarrantAndContingentSharesLiability
|
-1020000 | |
CY2023 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-12247000 | |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-171000 | |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3613000 | |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
8115000 | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
1494000 | |
CY2023 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2322000 | |
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
199000 | |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
37000 | |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-142000 | |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
7429000 | |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6070000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-846000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6966000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
138000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
71000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-984000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7037000 | |
CY2023 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-59000 | |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1043000 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7037000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-984000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7037000 | |
CY2023 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
3399000 | |
CY2022 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
6344000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4383000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-13381000 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.71 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.71 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38048516 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4940562 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43223134 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4940562 | |
CY2021Q4 | tygo |
Stockholders Equity Before Conversion
StockholdersEquityBeforeConversion
|
-49896000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-49896000 | |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
325000 | |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
813000 | |
CY2022 | tygo |
Forgiveness Of Recourse Note To Purchase Common Stock Value
ForgivenessOfRecourseNoteToPurchaseCommonStockValue
|
103000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7037000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-55692000 | |
CY2023 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
215000 | |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3808000 | |
CY2023 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
10077000 | |
CY2023 | tygo |
Purchase Price Adjustment In Connection With Acquisition
PurchasePriceAdjustmentInConnectionWithAcquisition
|
898000 | |
CY2023 | tygo |
Stock Issued During Period Value Restricted Stock Award Forfeitures And Surrendered In Lieu Of Withholding Taxes
StockIssuedDuringPeriodValueRestrictedStockAwardForfeituresAndSurrenderedInLieuOfWithholdingTaxes
|
-91000 | |
CY2023 | tygo |
Issuance Of Preferred Stock Upon Exercise Of Preferred Warrants Value
IssuanceOfPreferredStockUponExerciseOfPreferredWarrantsValue
|
2008000 | |
CY2023 | tygo |
Stock Issued During Period Value Conversion Of Preferred Stock To Common Stock
StockIssuedDuringPeriodValueConversionOfPreferredStockToCommonStock
|
87140000 | |
CY2023 | tygo |
Stock Issued During Period Value Business Combination
StockIssuedDuringPeriodValueBusinessCombination
|
573000 | |
CY2023 | tygo |
Issuance Of Common Stock Upon Exercise Of Common Stock Warrants Net Of Issuance Costs And Paymentsto Warrant Holders Of Non Redeemed Warrants Amount
IssuanceOfCommonStockUponExerciseOfCommonStockWarrantsNetOfIssuanceCostsAndPaymentstoWarrantHoldersOfNonRedeemedWarrantsAmount
|
3653000 | |
CY2023 | tygo |
Reclassification Of Convertible Note Derivative Liability To Equity Amount
ReclassificationOfConvertibleNoteDerivativeLiabilityToEquityAmount
|
11278000 | |
CY2023 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-59000 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-984000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
62824000 | |
CY2023 | tygo |
Business Acquisition Shares Exchange Ratio
BusinessAcquisitionSharesExchangeRatio
|
0.00233335 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-984000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7037000 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1106000 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
562000 | |
CY2023 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
713000 | |
CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
123000 | |
CY2023 | tygo |
Changes In Fair Value Of Preferred Stock Warrant And Contingent Shares Liability
ChangesInFairValueOfPreferredStockWarrantAndContingentSharesLiability
|
-1109000 | |
CY2022 | tygo |
Changes In Fair Value Of Preferred Stock Warrant And Contingent Shares Liability
ChangesInFairValueOfPreferredStockWarrantAndContingentSharesLiability
|
1020000 | |
CY2023 | tygo |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
-12247000 | |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-21000 | |
CY2023 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
5473000 | |
CY2022 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
256000 | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3808000 | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
813000 | |
CY2023 | us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
3870000 | |
CY2022 | us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
596000 | |
CY2023 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-171000 | |
CY2022 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-3613000 | |
CY2023 | tygo |
Non Cash Lease Expense
NonCashLeaseExpense
|
996000 | |
CY2022 | tygo |
Non Cash Lease Expense
NonCashLeaseExpense
|
535000 | |
CY2022 | tygo |
Forgiveness Of Recourse Promissory Note And Accrued Interest
ForgivenessOfRecoursePromissoryNoteAndAccruedInterest
|
117000 | |
CY2023 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
508000 | |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-17000 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5201000 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12533000 | |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
37199000 | |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
14969000 | |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
1272000 | |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
2459000 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-8577000 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
10890000 | |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
3383000 | |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
952000 | |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-321000 | |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
673000 | |
CY2023 | tygo |
Increase Decrease In Warranty Liability
IncreaseDecreaseInWarrantyLiability
|
1281000 | |
CY2022 | tygo |
Increase Decrease In Warranty Liability
IncreaseDecreaseInWarrantyLiability
|
958000 | |
CY2022 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
135000 | |
CY2023 | tygo |
Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
|
-1003000 | |
CY2022 | tygo |
Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
|
-447000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-37222000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16472000 | |
CY2023 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
53483000 | |
CY2022 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
456000 | |
CY2023 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
16000 | |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
450000 | |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2114000 | |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1147000 | |
CY2023 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
25149000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-30914000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1603000 | |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
50000000 | |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
25000000 | |
CY2023 | us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-20833000 | |
CY2022 | us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-4165000 | |
CY2022 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
10000000 | |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
358000 | |
CY2022 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
3473000 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
40978000 | |
CY2023 | tygo |
Proceeds From Business Combination Financing Activities
ProceedsFromBusinessCombinationFinancingActivities
|
2238000 | |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
215000 | |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
325000 | |
CY2023 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
91000 | |
CY2022 | us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
139000 | |
CY2022 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
208000 | |
CY2023 | tygo |
Proceeds From Common Stock Warrant Redemption Net Of Issuance Costs And Payments To Warrant Holders Of Non Redeemed Warrants
ProceedsFromCommonStockWarrantRedemptionNetOfIssuanceCostsAndPaymentsToWarrantHoldersOfNonRedeemedWarrants
|
3653000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
34824000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
48318000 | |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-33312000 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
30243000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
37717000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7474000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4405000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
37717000 | |
CY2023 | us-gaap |
Interest Paid
InterestPaid
|
1418000 | |
CY2022 | us-gaap |
Interest Paid
InterestPaid
|
1238000 | |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
95000 | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
109000 | |
CY2022 | tygo |
Financing Costs In Accounts Payable And Accrued Expenses
FinancingCostsInAccountsPayableAndAccruedExpenses
|
2082000 | |
CY2023 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
573000 | |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
2247000 | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1787000 | |
CY2023 | tygo |
Property Plant And Equipment In Accounts Payable
PropertyPlantAndEquipmentInAccountsPayable
|
693000 | |
CY2022 | tygo |
Property Plant And Equipment In Accounts Payable
PropertyPlantAndEquipmentInAccountsPayable
|
135000 | |
CY2023 | tygo |
Non Cash Consideration Paid For Acquisition
NonCashConsiderationPaidForAcquisition
|
10974000 | |
CY2023 | tygo |
Contingent Shares Liability From Acquisition
ContingentSharesLiabilityFromAcquisition
|
2167000 | |
CY2023 | tygo |
Fair Value Of Derivative Note Liability At Issuance
FairValueOfDerivativeNoteLiabilityAtIssuance
|
23525000 | |
CY2023 | tygo |
Convertible Preferred Stock Dividends Of Non Cash Investing And Financing Activities
ConvertiblePreferredStockDividendsOfNonCashInvestingAndFinancingActivities
|
12581000 | |
CY2023 | tygo |
Reclassification Of Deferred Issuance Costs To Additional Paid In Capital
ReclassificationOfDeferredIssuanceCostsToAdditionalPaidInCapital
|
2221000 | |
CY2023 | tygo |
Conversion Of Convertible Preferred Stock Into Common Stock In Connection With Business Combination
ConversionOfConvertiblePreferredStockIntoCommonStockInConnectionWithBusinessCombination
|
87140000 | |
CY2023 | tygo |
Issuance Of Preferred Stock Upon Exercise Of Preferred Warrants
IssuanceOfPreferredStockUponExerciseOfPreferredWarrants
|
2008000 | |
CY2023 | tygo |
Unrealized Gain Resulting From Change In Fair Value Of Marketable Securities
UnrealizedGainResultingFromChangeInFairValueOfMarketableSecurities
|
-59000 | |
CY2023 | tygo |
Reclassification Of Convertible Note Derivative Liability To Equity
ReclassificationOfConvertibleNoteDerivativeLiabilityToEquity
|
11278000 | |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="display:flex;margin-top:18pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:4.537%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:4.537%;display:inline-flex;justify-content:flex-start;">1.</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Nature of Operations</span></div></div><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Tigo Energy, Inc. (f/k/a Roth CH Acquisition IV Co.) and subsidiaries (together, the “Company”) consists of Tigo Energy, Inc. (“Tigo”), its wholly-owned direct subsidiary: Tigo Energy MergeCo, Inc. (f/k/a Tigo Energy, Inc.) (“Legacy Tigo”), and its wholly-owned indirect subsidiaries: Tigo Energy Israel Ltd., Foresight Energy, Ltd. (“fSight”), Tigo Energy Italy SRL, Tigo Energy Systems Trading (Suzhou) and Tigo Energy Australia Pty Ltd. Prior to the consummation of the Business Combination (as defined below), the operations of the Company were conducted through Legacy Tigo. Legacy Tigo was incorporated in Delaware in 2007 and commenced operations in 2010.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company provides solar and energy storage solutions, including module level power electronics (“MLPE”) designed to maximize the energy output of individual solar modules, delivering more energy, active management, and enhanced safety for utility, commercial, and residential solar arrays. The Company is headquartered in Campbell, California with offices in Europe, Asia and the Middle East.</span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Entry into a Material Definitive Agreement</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">On December 5, 2022, Roth CH Acquisition IV Co., a Delaware corporation (“ROCG”), Roth IV Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of ROCG (“Merger Sub”), and Legacy Tigo, entered into an Agreement and Plan of Merger, as amended on April 6, 2023 (the “Merger Agreement”), pursuant to which, among other transactions, on May 23, 2023 (the “Closing Date”), Merger Sub merged with and into Legacy Tigo (the “Merger”), with Legacy Tigo surviving the Merger as a wholly-owned subsidiary of ROCG (the Merger, together with the other transactions described in the Merger Agreement, the “Business Combination”). In connection with the closing of the Business Combination, ROCG changed its name to “Tigo Energy, Inc.”</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Please refer to Note 3 “Merger with ROTH CH Acquisition IV Co.” for additional details regarding the Business Combination.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Basis of Presentation</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The accompanying audited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”). Any reference in these notes to applicable guidance is meant to refer to GAAP as found in the Accounting Standards Codification (“ASC”) and Accounting Standards Updates (“ASU”) promulgated by the Financial Accounting Standards Board (“FASB”).</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Pursuant to the Business Combination, the merger between ROCG and Legacy Tigo was accounted for as a reverse recapitalization in accordance with U.S. GAAP (the “Reverse Recapitalization”). Under this method of accounting, ROCG was treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the Reverse Recapitalization was treated as the equivalent of Legacy Tigo issuing stock for the net assets of ROCG, accompanied by a recapitalization. The net assets of ROCG are stated at historical cost, with no goodwill or other intangible assets recorded. The consolidated assets, liabilities and results of operations prior to the Reverse Recapitalization are those of Legacy Tigo. The shares and corresponding capital amounts and earnings per share available for common stockholders, prior to the Business Combination, have been retroactively recasted as shares reflecting the exchange ratio established in the Business Combination.</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:'Calibri',sans-serif;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Please refer to Note 3 “Merger with ROTH CH Acquisition IV Co.” for additional details regarding the Business Combination.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The accompanying consolidated financial statements are presented in accordance with accounting principles generally accepted in the United States (“GAAP”). The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Company has determined the functional currency of the subsidiaries to be the U.S. dollar. The Company remeasures monetary assets and liabilities of its foreign operations at exchange rates in effect at the balance sheet date and nonmonetary assets and liabilities at their historical exchange rates. Expenses are remeasured at the</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">weighted-average </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">exchange rates during the relevant reporting period. These remeasurement gains and losses are recorded in other (income) expense, net in the consolidated statements of operations and comprehensive loss and were not material for the years ended December 31, 2023 and 2022.</span></p> | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the consolidated financial statements, in conformity with GAAP, requires management to </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Key estimates in the consolidated financial statements include revenue recognition, fair value of investments, allowance for credit allowances, inventory valuation, impairment of long-lived assets, fair value of acquired intangible assets and goodwill, useful lives of acquired intangible assets and property and equipment, product warrant liabilities, incremental borrowing rate for right-of-use assets and lease liability, and the valuation of the derivative liability, valuation allowance, income tax benefit (provision), preferred stock warrant liabi</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">lities and stock-based compensation, including the underlying fair value of the preferred and common stock. </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ materially from those estimates due to risks and uncertainties.</span></p> | |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassification, Change in Presentation and Prior Year Omitted Disclosures</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain prior period amounts in the consolidated financial statements and accompanying notes have been reclassified to conform to the current period’s presentation as follows. Customer deposits in previous periods were recorded in other accrued liabilities within the consolidated balance sheet. Customer deposits are now recorded in deferred revenue, current portion and deferred revenue, net of current portion within the consolidated balance sheet. The amount of customer deposits that was reclassified to deferred revenue, current portion on the Company's consolidated balance sheet as of December 31, 2022 was $</span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">0.9</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Disclosures including the roll-forward related to allowance for credit losses (refer to “</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Accounts Receivable and Allowance for Credit Losses</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">” in this Note) and long-lived assets by geographic region (refer to “</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Long-lived assets</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">” in Note 16) were omitted from our prior year financials for the year ended December 31, 2022. The disclosures have been included for the year ended December 31, 2023 and include the comparative period for the year ended December 31, 2022. Additionally, there was a change in presentation related to the disclosure for supplementary balance sheet information related to Inventory (refer to </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">“Inventory, net”</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> in Note 8) for the year-ended December 31, 2022 to net the inventory reserve against the individual inventory classes instead of separately disclosing the reserve balance. These adjustments had no impact on the consolidated balance sheets, statements of operations and comprehensive loss, or cash flows as there was no change in the amounts recorded. The Company has determined that these adjustments were immaterial both individually and in the aggregate.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p> | |
CY2022Q4 | tygo |
Customer Deposits Reclassified To Deferred Revenue
CustomerDepositsReclassifiedToDeferredRevenue
|
900000 | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentrations of Credit Risk</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist of cash, marketable securities and accounts receivable. The Company maintains deposits in federally insured financial institutions, which, at times, may exceed federally insured limits. The Company believes it is not exposed to significant credit risk beyond the normal</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">credit risk associated with commercial banking relationships as the Company’s cash and</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">restricted cash are deposited with major financial institutions in the U.S., Europe, the Middle East and Asia. </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company does not believe it is exposed to any significant credit risk due to the high credit quality of the financial instruments in which the money is held.</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> At December 31, 2023 and 2022, the Company held insignificant cash in foreign bank accounts. To date, the Company has not experienced any losses on its deposits of cash.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">During the year ended December 31, 2023, there were </span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">no</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> individual customers that exceeded 10% of the Company’s annual net revenue.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">During the year ended December 31, 2022, there was </span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">one</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> individual customer that exceeded 10% of the Company’s annual net revenue. This customer accounted for </span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">10.6</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of annual net revenue. Accounts receivable from this customer represented </span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">13.0</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of the Company's total accounts receivable balance.</span></p> | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4405000 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36194000 | |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1523000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4405000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
37717000 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
76000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
109000 | |
CY2023 | tygo |
Accounts Receivable Allowance For Credit Loss Net Charges To Expense Or Revenue
AccountsReceivableAllowanceForCreditLossNetChargesToExpenseOrRevenue
|
3960000 | |
CY2022 | tygo |
Accounts Receivable Allowance For Credit Loss Net Charges To Expense Or Revenue
AccountsReceivableAllowanceForCreditLossNetChargesToExpenseOrRevenue
|
596000 | |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
25000 | |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
629000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
4011000 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
76000 | |
CY2023 | tygo |
Deferred Issuance Costs
DeferredIssuanceCosts
|
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#221f1f;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Deferred Issuance Costs</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company capitalizes costs that are directly associated with in-process equity financings until such financings are consummated, at which time such costs are recorded against the gross proceeds from the applicable financing. If a financing is abandoned, deferred financing costs are expensed immediately. The Company incurred $</span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">2.2</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million in fees associated with the Merger, which are recognized as deferred issuance costs in the accompanying balance sheet at December 31, 2022. Deferred issuance costs associated with our debt financing are recorded as contra-liabilities within long-term debt, net of current maturities and unamortized debt issuance costs in the consolidated balance sheet. All amortization of deferred issuance costs is presented within the interest expense line in the consolidated statement of operations.</span></p> | |
CY2022Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
2200000 | |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
4351000 | |
CY2021Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
3393000 | |
CY2023 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
1702000 | |
CY2022 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
1149000 | |
CY2023 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
421000 | |
CY2022 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
191000 | |
CY2023Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
5632000 | |
CY2022Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
4351000 | |
CY2023 | tygo |
Convertible Promissory Note Policytext Block
ConvertiblePromissoryNotePolicytextBlock
|
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#221f1f;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Convertible Promissory Note</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">On January 9, 2023, the Company entered into a convertible promissory note purchase agreement (the “Note Purchase Agreement”) with L1 Energy Capital Management S.a.r.l (“L1 Energy”) pursuant to which the Company issued a convertible promissory note in an aggregate principal amount of $</span><span style="font-size:10pt;font-family:Times New Roman;color:#231f20;white-space:pre-wrap;min-width:fit-content;">50.0</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million (the “Convertible Promissory Note”).</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company analyzes its convertible debt instruments for embedded attributes that may require bifurcation from the host and accounted for as derivatives. At the inception of each instrument, in the event of a modification of a debt agreement, and at each reporting date, the Company performs an analysis of the embedded features requiring bifurcation and may elect, if eligible, to account for the entire debt instrument at fair value. If the fair value option were to be elected, any changes in fair value would be recognized in the accompanying statements of operations until the instrument is settled. Under the terms of the Note Purchase Agreement, the Convertible Promissory Note may be converted at the option of the noteholder into shares of Common Stock or an equivalent equity instrument resulting from a public company event. As a result of the Business Combination, the conversion options were bifurcated and accounted for as derivatives. The derivative instrument was recorded at fair value upon recognition and was subject to remeasurement to fair value at each balance sheet date, with any changes in estimated fair value recognized in the accompanying consolidated statements of operations and comprehensive income (loss).</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">On September 24, 2023, the Company and L1 Energy entered into an Amendment to Note Purchase Agreement and Convertible Promissory Note (the “Convertible Note Amendment”) which amended the conversion terms and, as a result of such amendment, the conversion options no longer met the requirements to be bifurcated in accordance with </span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">ASC Topic 815, “Derivatives and Hedging”</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">. The carrying value of the convertible note derivative liability was remeasured to fair value immediately prior to the execution of the Convertible Note Amendment and the change in fair value was recorded to the Company</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">’</span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">s consolidated statements of operations and comprehensive loss. The carrying value of the convertible note derivative liability was reclassified to equity and was recorded into additional paid-in capital on the Company’s consolidated balance sheet.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Please refer to Note 6 “Fair Value of Financial Instruments” for further details regarding the fair value of the derivative instrument. In addition, please refer Note 9 “Long-Term Debt” for additional details regarding the Convertible Promissory Note and derivative instrument.</span></p> | |
CY2023Q1 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
50000000 | |
CY2023 | tygo |
Total Revenues Percentage
TotalRevenuesPercentage
|
0.01 | |
CY2022 | tygo |
Total Revenues Percentage
TotalRevenuesPercentage
|
0.01 | |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
800000 | |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
400000 | |
CY2023Q1 | tygo |
Business Combination Consideration Transferred Excluding Consideration On Loan
BusinessCombinationConsiderationTransferredExcludingConsiderationOnLoan
|
13200000 | |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5598751 | |
CY2023Q1 | us-gaap |
Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
|
11000000 | |
CY2022Q4 | us-gaap |
Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
|
1400000 | |
CY2023Q4 | us-gaap |
Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
|
700000 | |
CY2023Q1 | tygo |
Increase Decrease On Contingent Shares Issuable
IncreaseDecreaseOnContingentSharesIssuable
|
5745 | |
CY2023 | tygo |
Increase Decrease On Contingent Shares Issuable
IncreaseDecreaseOnContingentSharesIssuable
|
252288 | |
CY2023Q4 | tygo |
Liability Fair Value
LiabilityFairValue
|
2100000 | |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
500000 | |
CY2023 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
|
1600000 | |
CY2023 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
200000 | |
CY2023 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
600000 | |
CY2022 | us-gaap |
Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
|
1400000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4383000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-13381000 | |
CY2023 | us-gaap |
Undistributed Earnings Loss From Continuing Operations Available To Common Shareholders Basic
UndistributedEarningsLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
1418000 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2965000 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13381000 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38048516 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4940562 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.71 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4383000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-13381000 | |
CY2023 | tygo |
Interest Expense And Change In Fair Value On Derivative Liability
InterestExpenseAndChangeInFairValueOnDerivativeLiability
|
-4322000 | |
CY2023 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-8705000 | |
CY2022 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-13381000 | |
CY2023 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
2817000 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5888000 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-13381000 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38048516 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4940562 | |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
5174618 | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43223134 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4940562 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.71 | |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3470172 | |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4263243 | |
CY2023 | tygo |
Convertible Preferred Stock Warrant
ConvertiblePreferredStockWarrant
|
580729 | |
CY2022 | tygo |
Convertible Preferred Stock Warrant
ConvertiblePreferredStockWarrant
|
248372 | |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
75305 | |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
1915372 | |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
46467565 | |
CY2023 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4126206 | |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
52894552 | |
CY2023Q4 | tygo |
Total Current Assets
TotalCurrentAssets
|
26806000 | |
CY2023Q4 | tygo |
Total Longterm Assets Marketable Securities
TotalLongtermAssetsMarketableSecurities
|
1977000 | |
CY2023Q4 | tygo |
Total Available For Sale Marketable Securities
TotalAvailableForSaleMarketableSecurities
|
28783000 | |
CY2021Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
487000 | |
CY2022 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
1020000 | |
CY2022Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
1507000 | |
CY2023 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
501000 | |
CY2023 | tygo |
Issuance Of Preferred Stock Upon Exercise Of Preferred Warrants Value
IssuanceOfPreferredStockUponExerciseOfPreferredWarrantsValue
|
2008000 | |
CY2023Q4 | us-gaap |
Advances Fair Value Disclosure
AdvancesFairValueDisclosure
|
58100000 | |
CY2023Q4 | us-gaap |
Fair Value Option Ineligible Items Aggregate Carrying Amount
FairValueOptionIneligibleItemsAggregateCarryingAmount
|
31600000 | |
CY2022Q4 | us-gaap |
Advances Fair Value Disclosure
AdvancesFairValueDisclosure
|
21000000 | |
CY2022Q4 | us-gaap |
Fair Value Option Ineligible Items Aggregate Carrying Amount
FairValueOptionIneligibleItemsAggregateCarryingAmount
|
20600000 | |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
145233000000 | |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
81323000000 | |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1122000 | |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
232000 | |
CY2023 | tygo |
Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
|
30370000 | |
CY2022 | tygo |
Contract With Customer Liability Deferral Of Revenue
ContractWithCustomerLiabilityDeferralOfRevenue
|
20327000 | |
CY2023 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
30691000 | |
CY2022 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
19437000 | |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
801000 | |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1122000 | |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
800000 | |
CY2023Q4 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P3Y4M24D | |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
668000 | |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1739000 | |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
31000 | |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
60733000 | |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
23145000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
61401000 | |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
24915000 | |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1000000 | |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
300000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7280000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4844000 | |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3822000 | |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3192000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3458000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1652000 | |
CY2023 | us-gaap |
Depreciation
Depreciation
|
900000 | |
CY2022 | us-gaap |
Depreciation
Depreciation
|
600000 | |
CY2023Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
856000 | |
CY2022Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
829000 | |
CY2023Q4 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
2514000 | |
CY2022Q4 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
624000 | |
CY2023Q4 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
1222000 | |
CY2022Q4 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
9000 | |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
409000 | |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
2502000 | |
CY2023Q4 | tygo |
Accrued Warehouse And Freight
AccruedWarehouseAndFreight
|
1001000 | |
CY2022Q4 | tygo |
Accrued Warehouse And Freight
AccruedWarehouseAndFreight
|
143000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
1974000 | |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
275000 | |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
705000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
8681000 | |
CY2022Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
4382000 | |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
700000 | |
CY2023Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
50000000 | |
CY2022 | tygo |
Series Covertible Promissory Note
SeriesCovertiblePromissoryNote
|
20833000 | |
CY2023Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
50000000 | |
CY2022Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
20833000 | |
CY2023Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
18430000 | |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
191000 | |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
10000000 | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
31570000 | |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
10642000 | |
CY2023Q1 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
50000000 | |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.05 | |
CY2023 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2026-01-09 | |
CY2023 | us-gaap |
Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
|
interest is payable semiannually beginning July 2023. | |
CY2023 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
1200000 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3938000 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2780985 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.89 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y1M24D | |
CY2023 | us-gaap |
Debt Conversion Description
DebtConversionDescription
|
the Convertible Promissory Note may be converted at the option of the note holder into the Company’s common stock or an equivalent equity instrument resulting from a public company event. The conversion price is based on a pre-money valuation divided by the aggregate number of the Company’s outstanding shares at the issuance date and adjusted for any cash dividends paid on the Company's capital stock. The conversion price and number of conversion shares are subject to standard anti-dilution adjustments. Upon a change of control event the note holder may (i) convert the Convertible Promissory Note immediately prior to the event into the Company’s common stock at a conversion price equal to the lesser of the Convertible Promissory Note’s original conversion price or the price per share of the Company’s common stock implied by the change of control event transaction agreement or (ii) require the redemption of the Convertible Promissory Note in cash, including the payment of a make-whole amount of all unpaid interest that would have otherwise been payable had the Convertible Promissory Note remained outstanding through the maturity date. | |
CY2023 | us-gaap |
Default Longterm Debt Description Of Violation Or Event Of Default
DefaultLongtermDebtDescriptionOfViolationOrEventOfDefault
|
The Note Purchase Agreement defines events of default as the occurrence of any one of the following; 1) a default in payment of any part of principal or unpaid accrued interest on the Convertible Promissory Note when due and payable; 2) the Company issues a written statement that it is unable to pay its debts as they become due, or the Company files a voluntary petition for bankruptcy or insolvency proceeding, the Company, or its directors or majority shareholders take action looking to the dissolution or liquidation of the Company; 3) the involuntary bankruptcy of the Company defined as the commencement of any proceeding against the Company seeking any bankruptcy reorganization; 4) the Company defaults on any of its performance obligations under the Note Purchase Agreement; 5) any material portion of the assets of the Company or any subsidiary of the Company is seized or a levy is filed against such assets; 6) a default that remains uncured on any other agreement evidencing the indebtedness of the Company or its subsidiaries for an amount of $10 million or more whose terms allow for the acceleration of the repayment of such indebtedness due to the consummation of the transactions contemplated in this Note Purchase Agreement. | |
CY2023Q4 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
10000000 | |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
23500000 | |
CY2023Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
11300000 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
50000000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
50000000 | |
CY2023Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
23900000 | |
CY2022Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
200000 | |
CY2023 | tygo |
Amortization Of Debt Issuance Cost Interest Expense
AmortizationOfDebtIssuanceCostInterestExpense
|
5500000 | |
CY2022 | tygo |
Amortization Of Debt Issuance Cost Interest Expense
AmortizationOfDebtIssuanceCostInterestExpense
|
300000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | |
CY2023 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Each share of Common Stock entitles the holder to one vote on all matters submitted to a vote of the Company’s stockholders. | |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
3604000 | |
CY2023Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
16071666 | |
CY2023 | tygo |
Warrants Exercised
WarrantsExercised
|
324546 | |
CY2023Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | |
CY2022 | tygo |
Business Acquisition Shares Exchange Ratio
BusinessAcquisitionSharesExchangeRatio
|
0.00233335 | |
CY2022Q4 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
47484662 | |
CY2022Q4 | tygo |
Temporary Equity Shares Issued And Outstanding
TemporaryEquitySharesIssuedAndOutstanding
|
46467563 | |
CY2022Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
87140000 | |
CY2022Q4 | us-gaap |
Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
|
129056000 | |
CY2023 | tygo |
Stock Options Percentage
StockOptionsPercentage
|
1.10 | |
CY2023 | tygo |
Common Stock Options Exercises Shares
CommonStockOptionsExercisesShares
|
1579 | |
CY2023 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3808000 | |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
813000 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4269402 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.07 | |
CY2022 | tygo |
Sharebased Compensation Arrangement By Sharebased Payment Awards Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardsOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y25D | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1549314 | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
10.29 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
433915 | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.47 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
512274 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
5.12 | |
CY2023Q4 | tygo |
Share Based Compensation Arrangement By Shares Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementBySharesBasedPaymentAwardOptionsOutstandingNumber
|
4872527 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.64 | |
CY2023 | tygo |
Sharebased Compensation Arrangement By Sharebased Payment Awards Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardsOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y1M6D | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
4872527 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
3.64 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P6Y1M6D | |
CY2023 | tygo |
Business Acquisition Shares Exchange Ratio
BusinessAcquisitionSharesExchangeRatio
|
0.00233335 | |
CY2023 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
9600000 | |
CY2023 | tygo |
Stock Based Compensation Weightedaverage Period
StockBasedCompensationWeightedaveragePeriod
|
P3Y2M12D | |
CY2023 | tygo |
Expected Dividend Yield Percentage
ExpectedDividendYieldPercentage
|
0 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.681 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.718 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.041 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.033 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P12M | |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1127000 | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
614000 | |
CY2023 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
395000 | |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
277000 | |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
1522000 | |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
891000 | |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2247000 | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1787000 | |
CY2023 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
1087000 | |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
637000 | |
CY2023Q4 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
1500000 | |
CY2022Q4 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
1500000 | |
CY2023Q4 | us-gaap |
Other Restricted Assets Current
OtherRestrictedAssetsCurrent
|
300000 | |
CY2022Q4 | us-gaap |
Other Restricted Assets Current
OtherRestrictedAssetsCurrent
|
300000 | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y10M24D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y8M12D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.085 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.054 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1306000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
580000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
413000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
345000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
136000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
9000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2789000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
205000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2584000 | |
CY2023Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
12200000 | |
CY2023Q4 | us-gaap |
Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
|
2440000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-248000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2192000 | |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
0 | |
CY2023 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
200000 | |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
270000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
270000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
270000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
262000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
260000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
860000 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2192000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
567000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-7179000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-1413000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
213000 | |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-846000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6966000 | |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
159000 | |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
71000 | |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
159000 | |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
71000 | |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-21000 | |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-21000 | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
138000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
71000 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.229 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.016 | |
CY2023 | tygo |
Effective Income Tax Rate Reconciliation Market To Market Adjustment
EffectiveIncomeTaxRateReconciliationMarketToMarketAdjustment
|
0 | |
CY2022 | tygo |
Effective Income Tax Rate Reconciliation Market To Market Adjustment
EffectiveIncomeTaxRateReconciliationMarketToMarketAdjustment
|
-0.031 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
|
0.324 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
|
0.024 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
|
0.171 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.06 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.003 | |
CY2023 | tygo |
Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
|
-1.091 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.314 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.012 | |
CY2023 | tygo |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign And Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeignAndOther
|
-0.174 | |
CY2022 | tygo |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign And Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeignAndOther
|
-0.001 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
3.162 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-2.397 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.213 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.162 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.01 | |
CY2023 | us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
100000 | |
CY2022 | us-gaap |
Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
|
100000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
19968 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
17360 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
3029 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
2157 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
399 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
246 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
2491 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
1338 | |
CY2023Q4 | tygo |
Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
|
545 | |
CY2022Q4 | tygo |
Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
|
299 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
2773 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
1535 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
54 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
29259 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
22935 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
24281 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
22608 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
4978 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
327 | |
CY2023Q4 | tygo |
Deferred Tax Liabilities Fixed Assets And Intangibles
DeferredTaxLiabilitiesFixedAssetsAndIntangibles
|
447 | |
CY2022Q4 | tygo |
Deferred Tax Liabilities Fixed Assets And Intangibles
DeferredTaxLiabilitiesFixedAssetsAndIntangibles
|
50 | |
CY2023Q4 | tygo |
Deferred Tax Liabilities Right Of Use Leased Assets
DeferredTaxLiabilitiesRightOfUseLeasedAssets
|
528 | |
CY2022Q4 | tygo |
Deferred Tax Liabilities Right Of Use Leased Assets
DeferredTaxLiabilitiesRightOfUseLeasedAssets
|
277 | |
CY2023Q4 | tygo |
Deferred Tax Liabilities Debt Discount
DeferredTaxLiabilitiesDebtDiscount
|
3982 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
4957 | |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
327 | |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
21 | |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1700000 | |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1500000 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
952000 | |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
819000 | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
250000 | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
179000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
133000 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1381000 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
952000 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1400000 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1000000 | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
400000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
100000 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2023Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
5961000 | |
CY2022Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
2904000 |