Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Revenues    
Products $ 10,722,285 $ 10,055,237
Services 13,768,101 11,387,420
Total revenues 24,490,386 21,442,657
Cost of sales    
Products 7,189,225 7,137,149
Services 8,000,483 6,672,282
Total cost of sales 15,189,708 13,809,431
Gross profit 9,300,678 7,633,226
Operating expenses    
General and administrative 7,994,361 7,997,512
Selling 1,636,704 1,687,479
Research and development 667,064 591,585
Total operating expenses 10,298,129 10,276,576
Loss from operations (997,451) (2,643,350)
Other income (expense)    
Interest and other income 11,988 14,334
Interest expense (175,782) (171,944)
Total other income (expense) (163,794) (157,610)
Loss before income taxes   (2,800,960)
Consolidated net loss (1,161,245) (2,800,960)
Less: Loss attributable to the noncontrolling interest 64,962 73,547
Net loss attributable to Tecogen Inc. $ (1,096,283) $ (2,727,413)
Net loss per share - basic and diluted (usd per share) $ (0.06) $ (0.16)
Weighted average shares outstanding - basic and diluted (shares) 19,295,922 16,860,453