Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues    
Products $ 12,991,283 $ 10,722,285
Services 16,377,443 13,768,101
Energy production 3,833,940 0
Total revenues 33,202,666 24,490,386
Cost of sales    
Products 8,012,012 7,189,225
Services 10,201,732 8,000,483
Energy production 2,034,518 0
Total cost of sales 20,248,262 15,189,708
Gross profit 12,954,404 9,300,678
Operating expenses    
General and administrative 9,520,497 7,994,361
Selling 2,271,826 1,636,704
Research and development 936,929 667,064
Total operating expenses 12,729,252 10,298,129
Income (loss) from operations 225,152 (997,451)
Other income (expense)    
Interest and other income 27,626 11,988
Interest expense (155,082) (175,782)
Total other expense, net (127,456) (163,794)
Income (loss) before income taxes 97,696 (1,161,245)
Income tax provision 0 0
Consolidated net income (loss) 97,696 (1,161,245)
(Income) loss attributable to the noncontrolling interest (50,260) 64,962
Net income (loss) attributable to Tecogen Inc. 47,436 (1,096,283)
Other comprehensive loss-unrealized loss on securities (165,317) 0.00
Comprehensive loss $ (117,881) $ (1,096,283)
Net income (loss) per share - basic (in USD per share) $ 0.00 $ (0.06)
Net income (loss) per share - diluted (in USD per share) $ 0.00 $ (0.06)
Weighted average shares outstanding - basic (shares) 23,171,033 19,295,922
Weighted average shares outstanding - diluted (shares) 23,342,627 19,295,922