TIGO ENERGY, INC.
Business
TIGO ENERGY, INC. develops and delivers smart hardware and software system solutions that enhance safety, increase energy yield, and lower operating costs for residential, commercial, and utility-scale solar installations. Its primary offerings include module-level power electronics (MLPE) optimizers, the GO Energy Storage Solutions (GO ESS) suite (batteries, inverters, ATS, EV charger) and the Energy Intelligence (EI) software platform including Predict+ forecasting services. The company’s operations are organized around its MLPE product line, GO ESS residential storage products, and cloud-based EI monitoring and premium SaaS services. It sells globally across Asia, the Americas and EMEA primarily through distributors and solar installers, with selective direct sales and inverter partner integrations.
Summary from filing dated 2025-03-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 104 | 54 | 145 | 81 | — | |
| Cost of revenue | 59 | 58 | 94 | 57 | — | |
| Gross profit (loss) | 44 | −4 | 51 | 25 | — | |
| Research and development | 9 | 10 | 9 | 6 | — | |
| Sales and marketing | 17 | 17 | 21 | 11 | — | |
| General and administrative | 22 | 21 | 29 | 9 | — | |
| Total operating expenses | 49 | 48 | 60 | 26 | — | |
| Loss from operations | −4 | −52 | −8 | −896,000 | −415,858 | |
| Change in fair value of contingent shares liability | — | −152,000 | — | — | — | |
| Gain on sale of intangible assets | −15 | — | — | — | — | |
| Loss on extinguishment of Convertible Promissory Note | −1 | — | 171,000 | 4 | — | |
| Interest expense | 11 | 11 | 8 | — | — | |
| Interest income | −919,000 | −867,000 | −2 | −199,000 | 13,316 | |
| Other expense, net | 192,000 | 245,000 | −37,000 | 142,000 | — | |
| Total other (income) expenses, net | −3 | 11 | −7 | 6 | 13,316 | |
| Loss before income tax expense | −1 | −63 | −846,000 | −7 | −402,542 | |
| Income tax expense | 603,000 | 103,000 | 138,000 | 71,000 | — | |
| Net loss | −2 | −63 | −984,000 | −7 | −402,542 | |
| Unrealized (loss) gain resulting from change in fair value of marketable securities | −2,000 | 61,000 | −59,000 | — | — | |
| Total comprehensive loss | −2 | −63 | −1 | −7 | — | |
| Basic (per share) | −0.03 | −1.04 | −0.08 | −2.71 | — | |
| Diluted (per share) | −0.03 | −1.04 | −0.14 | −2.71 | — | |
| Basic (shares) | 65 | 60 | 38 | 5 | — | |
| Diluted (shares) | 65 | 60 | 43 | 5 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 8 | 12 | 4 | 36 | 802,606 | |
| Marketable securities, short-term | — | 8 | 27 | — | — | |
| Accounts receivable, net of allowance for credit losses of $356 and $2,239 at December 31, 2025, and December 31, 2024, respectively | 14 | 8 | 7 | 16 | — | |
| Inventory | 31 | 22 | 61 | 25 | — | |
| Prepaid expenses and other current assets | 5 | 4 | 5 | 4 | — | |
| Total current assets | 58 | 53 | 105 | 85 | 991,223 | |
| Property and equipment, net | 3 | 3 | 3 | 2 | — | |
| Operating lease right of use assets | 2 | 2 | 3 | 1 | — | |
| Intangible assets, net | 2 | 2 | 2 | 0 | — | |
| Other assets | 1 | 984,000 | 728,000 | 82,000 | 102,849 | |
| Goodwill | 12 | 12 | 12 | — | — | |
| Total assets | 78 | 73 | 128 | 88 | 118 | |
| Accounts payable | 29 | 8 | 16 | 23 | — | |
| Accrued expenses and other current liabilities | 7 | 7 | 9 | 4 | — | |
| Deferred revenue, current portion | 961,000 | 525,000 | 335,000 | 950,000 | — | |
| Warranty liability, current portion | 626,000 | 496,000 | 526,000 | 392,000 | — | |
| Operating lease liabilities, current portion | 856,000 | 649,000 | 1 | 578,000 | — | |
| Total current liabilities | 39 | 17 | 26 | 40 | — | |
| Warranty liability, net of current portion | 9 | 5 | 5 | 4 | — | |
| Deferred revenue, net of current portion | 860,000 | 644,000 | 466,000 | 172,000 | — | |
| Long-term debt, net of unamortized debt discount and issuance costs | 0 | 41 | 32 | 11 | — | |
| Operating lease liabilities, net of current portion | 2 | 961,000 | 1 | 762,000 | — | |
| Other long-term liabilities | 251,000 | — | — | — | — | |
| Total liabilities | 50 | 65 | 65 | 57 | 244,793 | |
| Commitments and Contingencies (Note 8) | — | — | — | — | — | |
| Common stock, $0.0001 par value: 150,000,000 shares authorized; 70,424,566 and 60,800,130 shares issued and outstanding at December 31, 2025, and December 31, 2024, respectively | 7,000 | 6,000 | 6,000 | 1,000 | 334 | |
| Additional paid-in capital | 168 | 147 | 139 | 7 | 1 | |
| Accumulated deficit | −140 | −139 | −76 | −62 | −405,732 | |
| Accumulated other comprehensive income | — | 2,000 | −59,000 | — | — | |
| Total stockholders' equity | 28 | 8 | 63 | −56 | −50 | |
| Total liabilities and stockholders' equity | 78 | 73 | 128 | 88 | 118 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1 | 1 | 1 | 562,000 | — | |
| Provision to write down inventories to net realizable value | 1 | 23 | 713,000 | 123,000 | — | |
| Change in fair value of contingent shares liability | — | −152,000 | −1 | 1 | — | |
| Non-cash interest expense | 9 | 9 | 5 | 256,000 | — | |
| Stock-based compensation | 8 | 8 | 4 | 813,000 | — | |
| Change in allowance for credit losses | −17,000 | −2 | 4 | 596,000 | — | |
| Non-cash lease expense | 906,000 | 1 | 996,000 | 535,000 | — | |
| Accretion of interest on marketable securities | −467,000 | −354,000 | −508,000 | — | — | |
| Loss on disposal of property and equipment | 12,000 | — | 17,000 | — | — | |
| Accounts receivable | −6 | 570,000 | 5 | −13 | — | |
| Inventory | −11 | 16 | −37 | −15 | — | |
| Prepaid expenses and other assets | −2 | 2 | −1 | −2 | — | |
| Accounts payable | 21 | −7 | −9 | 11 | — | |
| Accrued expenses and other liabilities | −232,000 | −793,000 | 3 | 952,000 | — | |
| Deferred revenue | 652,000 | 368,000 | −321,000 | 673,000 | — | |
| Warranty liability | 4 | 166,000 | 1 | 958,000 | — | |
| Operating lease liabilities | −605,000 | −1 | −1 | −447,000 | — | |
| Other long-term liabilities | 251,000 | — | — | — | — | |
| Net cash provided by (used in) operating activities | 10 | −12 | −37 | −16 | −463,981 | |
| Purchase of marketable securities | −31 | −11 | −53 | — | — | |
| Purchase of property and equipment | −642,000 | −1 | −2 | −1 | — | |
| Sales and maturities of marketable securities | 40 | 32 | 25 | — | — | |
| Proceeds from sale of intangible assets | 15 | — | — | — | — | |
| Net cash provided by investing activities | 23 | 20 | −31 | −2 | −117 | |
| Proceeds from exercise of stock options | 157,000 | 272,000 | 215,000 | 325,000 | — | |
| Proceeds from at-the-market offering | 13 | 16,000 | — | — | — | |
| Payment of offering costs related to at-the-market offering | — | −227,000 | — | — | −496,204 | |
| Payment of tax withholdings on restricted stock awards | −367,000 | −122,000 | −91,000 | — | — | |
| Repayment of Convertible Note | −50 | — | — | — | — | |
| Net cash used in financing activities | −37 | −61,000 | 35 | 48 | 118 | |
| Net (decrease) increase in cash | −4 | 7 | −33 | 30 | 779,815 | |
| Cash paid for interest | 4 | 3 | 1 | 1 | — | |
| Cash paid for income taxes, net | 263,000 | 575,000 | — | — | — | |
| Operating lease right of use assets obtained in exchange for operating lease liabilities | 2 | 195,000 | 2 | 2 | — | |
| Property and equipment in accounts payable | 206,000 | — | 693,000 | 135,000 | — | |
| Non-cash consideration paid for fSight acquisition | — | 375,000 | 11 | — | — | |
| Unrealized gain resulting from change in fair value of marketable securities | −2,000 | 61,000 | −59,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is TIGO ENERGY, INC.'s CIK number?
TIGO ENERGY, INC.'s SEC CIK number is 0001855447 (1855447). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find TIGO ENERGY, INC.'s SEC filings?
All of TIGO ENERGY, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did TIGO ENERGY, INC. last report earnings?
TIGO ENERGY, INC. (TYGO) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-052200). This is TIGO ENERGY, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is TIGO ENERGY, INC.'s most recent earnings 8-K?
TIGO ENERGY, INC.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001213900-26-052200. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View TIGO ENERGY, INC.'s latest earnings 8-K →
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