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Consolidated Statements of Cash Flows (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss attributable to Tecogen Inc. | $ (652,947)us-gaap_ProfitLoss | $ (1,079,205)us-gaap_ProfitLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 67,239us-gaap_DepreciationDepletionAndAmortization | 72,258us-gaap_DepreciationDepletionAndAmortization |
| Change in provision for allowance on accounts receivable | 0us-gaap_ProvisionForDoubtfulAccounts | 50,600us-gaap_ProvisionForDoubtfulAccounts |
| Provision for (Recovery from) Inventory Valuation Reserves | (40,000)tcgn_ProvisionForRecoveryFromInventoryValuationReserves | 0tcgn_ProvisionForRecoveryFromInventoryValuationReserves |
| Stock-based compensation | 93,254us-gaap_ShareBasedCompensation | 32,491us-gaap_ShareBasedCompensation |
| Other Noncash Income (Expense) | (12,383)us-gaap_OtherNoncashIncomeExpense | (13,343)us-gaap_OtherNoncashIncomeExpense |
| Gain (Loss) on Disposition of Assets | (5,569)us-gaap_GainLossOnDispositionOfAssets1 | 0us-gaap_GainLossOnDispositionOfAssets1 |
| Changes in operating assets and liabilities | ||
| Proceeds from (Repayments of) Short-term Debt, Maturing in Three Months or Less | (353)us-gaap_ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess | (647)us-gaap_ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess |
| Accounts receivable | (659,607)us-gaap_IncreaseDecreaseInAccountsReceivable | (559,604)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Unbilled revenue | (153,905)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings | (71,710)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings |
| Inventory, net | 374,069us-gaap_IncreaseDecreaseInInventories | (129,464)us-gaap_IncreaseDecreaseInInventories |
| Due from related party | 327,843us-gaap_IncreaseDecreaseInDueFromRelatedParties | (306,305)us-gaap_IncreaseDecreaseInDueFromRelatedParties |
| Prepaid expenses and other current assets | (53,163)tcgn_IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets | (135,875)tcgn_IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets |
| Increase (Decrease) in Other Operating Assets | 0us-gaap_IncreaseDecreaseInOtherOperatingAssets | 32,000us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Increase (decrease) in: | ||
| Accounts payable | 681,160us-gaap_IncreaseDecreaseInAccountsPayable | (474,002)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued expenses | 270,174us-gaap_IncreaseDecreaseInAccruedLiabilities | 267,898us-gaap_IncreaseDecreaseInAccruedLiabilities |
| Due to related party | (765,124)tcgn_IncreaseDecreaseInInterestPayableRelatedParty | 452,490tcgn_IncreaseDecreaseInInterestPayableRelatedParty |
| Deferred revenue | 0us-gaap_IncreaseDecreaseInDeferredRevenue | (119,667)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Interest payable, related party | 0us-gaap_IncreaseDecreaseInDueToRelatedParties | (198,450)us-gaap_IncreaseDecreaseInDueToRelatedParties |
| Net cash used in operating activities | (504,546)us-gaap_NetCashProvidedByUsedInOperatingActivities | (2,153,849)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of property and equipment | (12,935)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (55,964)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Purchases of intangible assets | (47,237)us-gaap_PaymentsToAcquireIntangibleAssets | (36,422)us-gaap_PaymentsToAcquireIntangibleAssets |
| Proceeds from Sale of Other Productive Assets | 5,569us-gaap_ProceedsFromSaleOfOtherProductiveAssets | 0us-gaap_ProceedsFromSaleOfOtherProductiveAssets |
| Purchases of short-term investments, restricted | 0us-gaap_PaymentsToAcquireShortTermInvestments | (583,073)us-gaap_PaymentsToAcquireShortTermInvestments |
| Net cash used in investing activities | (54,603)us-gaap_NetCashProvidedByUsedInInvestingActivities | (675,459)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds (payments) on demand notes payable and line of credit to related party | 0us-gaap_RepaymentsOfRelatedPartyDebt | 2,950,000us-gaap_RepaymentsOfRelatedPartyDebt |
| Purchase of unvested restricted stock | 996,874us-gaap_SaleOfStockConsiderationReceivedOnTransaction | 6,300us-gaap_SaleOfStockConsiderationReceivedOnTransaction |
| Proceeds from the exercise of stock options | 360,225us-gaap_ProceedsFromStockOptionsExercised | 6,000us-gaap_ProceedsFromStockOptionsExercised |
| Net cash provided by (used in) financing activities | 1,357,099us-gaap_NetCashProvidedByUsedInFinancingActivities | (2,937,700)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net increase (decrease) in cash and cash equivalents | 797,950us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (5,767,008)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of the period | 1,186,033us-gaap_CashAndCashEquivalentsAtCarryingValue | |
| Cash and cash equivalents, end of the period | 1,983,983us-gaap_CashAndCashEquivalentsAtCarryingValue | |
| Non-cash investing and financing activities: | ||
| Interest paid | $ 30,059us-gaap_InterestPaid | $ 233,220us-gaap_InterestPaid |
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- Definition
Increase (Decrease) in Interest Payable, Related Party No definition available.
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- Definition
Increase (Decrease) in Prepaid Expense and Other Current Assets No definition available.
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- Definition
Provision for (Recovery from) Inventory Valuation Reserves No definition available.
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the liability reflecting cash payments received before the related costs have been incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in receivables to be collected from other entities that could exert significant influence over the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for securities or other assets acquired, which qualify for treatment as an investing activity and are to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a borrowing net of the cash outflow from repayment of a borrowing having initial term of repayment within three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the sale of other tangible or intangible assets used to produce goods or deliver services not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash received on stock transaction after deduction of issuance costs. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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