Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss attributable to Tecogen Inc. $ (2,163,846) $ (1,028,668)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 124,847 99,099
Provision (recovery) for losses on accounts receivable (34,700) 0
Provision (recovery) for inventory reserve 0 3,800
Stock-based compensation (38,179) 170,550
Changes in operating assets and liabilities    
Short-term investments (202) (4,063)
Accounts receivable 833,687 (620,505)
Inventory (356,646) (1,157,945)
Unbilled revenue (107,545) 0
Due from related party 55,837 (238,081)
Prepaid expenses and other current assets (215,032) (67,957)
Increase (Decrease) in Other Operating Assets (1,000) 0
Increase (decrease) in:    
Accounts payable 516,577 429,344
Accrued expenses 206,573 (29,501)
Due to related party (73,559) 222,382
Deferred revenue 535,729 0
Interest payable, related party 41,604 35,604
Net cash used in operating activities (675,855) (2,185,941)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (114,767) (102,365)
Purchases of intangible assets (196,257) (25,166)
Acquisition of Developed Technology (497,800) 0
Payments to Acquire Short-term Investments 0 506,345
Proceeds from Sale of Short-term Investments 182,061 0
Net cash provided by (used in) investing activities (626,763) 378,814
CASH FLOWS FROM FINANCING ACTIVITIES:    
Conversion of accrued convertible debenture interest into common stock 0 480,000
Proceeds from sale of subsidiary common stock 0 500,000
Payments for Share-based Compensation Awards Forfeited 350 0
Net cash provided by (used in) financing activities (350) 980,000
Net increase (decrease) in cash and cash equivalents (1,302,968) (827,127)
Cash and cash equivalents, beginning of the period 1,572,785 3,018,566
Cash and cash equivalents, end of the period 269,817 2,191,439
Non-cash investing and financing activities:    
Interest paid $ 3,836 $ 0