Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Products $ 2,007,926 $ 807,854 $ 3,952,702 $ 2,860,519
Services 2,531,931 1,995,606 4,802,912 3,989,259
Total revenues 4,539,857 2,803,460 8,755,614 6,849,778
Cost of sales        
Products 1,587,145 633,272 2,991,584 2,221,940
Services 1,604,039 1,356,315 2,989,131 2,702,001
Cost of Goods and Services Sold 3,191,184 1,989,587 5,980,715 4,923,941
Gross Profit 1,348,673 813,873 2,774,899 1,925,837
Operating expenses        
General and administrative 1,911,071 1,419,020 3,673,063 2,965,580
Research and Development Expense 251,582 260,262 559,716 505,405
Selling 405,108 286,101 826,728 565,471
Selling, General and Administrative Expense 2,567,761 1,965,383 5,059,507 4,036,456
Operating Income (Loss) (1,219,088) (1,151,510) (2,284,608) (2,110,619)
Other income (expense)        
Interest and other income 15,079 2,591 18,164 6,537
Interest expense (57,382) (36,387) (92,152) (59,764)
Interest Income (Expense), Net (42,303) (33,796) (73,988) (53,227)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest (1,261,391) (1,185,306) (2,358,596) (2,163,846)
Consolidated net loss (1,261,391) (1,185,306) (2,358,596) (2,163,846)
Less: Loss attributable to the noncontrolling interest 31,684 94,826 90,844 212,973
Net loss attributable to Tecogen Inc. $ (1,229,707) $ (1,090,480) $ (2,267,752) $ (1,950,873)
Net loss per share - basic and diluted $ (0.08) $ (0.08) $ (0.15) $ (0.15)
Weighted average shares outstanding - basic and diluted 15,227,089 13,205,476 15,013,824 13,209,165