Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.4.0.3
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Products $ 2,266,148 $ 3,537,875
Services 2,809,367 2,565,559
Total revenues 5,075,515 6,103,434
Cost of sales    
Products 1,552,716 2,553,638
Services 1,803,455 1,324,821
Total cost of sales 3,356,171 3,878,459
Gross profit 1,719,344 2,224,975
Operating expenses    
General and administrative 1,892,220 2,174,747
Selling 515,032 493,674
Research and development 218,958 176,163
Total operating expenses 2,626,210 2,844,584
Loss from operations (906,866) (619,609)
Other income (expense)    
Interest and other income 2,891 9,103
Interest expense (42,381) (42,441)
Total other expense, net (39,490) (33,338)
Loss before income taxes (946,356) (652,947)
Consolidated net loss (946,356) (652,947)
Less: Loss attributable to the noncontrolling interest 53,188 35,483
Net loss attributable to Tecogen Inc. $ (893,168) $ (617,464)
Net loss per share - basic and diluted $ (0.05) $ (0.04)
Weighted average shares outstanding - basic and diluted 18,478,990 16,224,642