TIGO ENERGY, INC.

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 4, 2026

TYGO$0.74+1.8%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets as of June 30, 2026, and December 31, 2025

CONDENSED CONSOLI DATED BALANCE SHEETS

(In thousands, except share and per share data)

	June 30, 2026	December 31, 2025
ASSETS
Current assets
Cash and cash equivalents	$16,914	$7,670
Accounts receivable, net of allowance for credit losses of $1,807 and $356 at June 30, 2026, and December 31, 2025, respectively	13,584	13,895
Inventory	20,561	31,286
Prepaid expenses and other current assets	3,528	5,148
Total current assets	54,587	57,999
Property and equipment, net	2,639	2,652
Operating lease right of use assets	1,993	2,338
Intangible assets, net	1,516	1,652
Deferred tax assets	3,631	264
Other assets	1,285	923
Goodwill	12,209	12,209
Total assets	$77,860	$78,037
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	$11,262	$29,196
Accrued expenses and other current liabilities	4,635	7,129
Deferred revenue, current portion	507	961
Warranty liability, current portion	640	626
Operating lease liabilities, current portion	897	856
Total current liabilities	17,941	38,768
Warranty liability, net of current portion	8,681	8,718
Deferred revenue, net of current portion	806	860
Operating lease liabilities, net of current portion	1,438	1,817
Borrowings under revolving credit facility	4,146	—
Other long-term liabilities	209	251
Total liabilities	33,221	50,414
Commitments and Contingencies (Note 8)
Stockholders’ equity
Common stock, $0.0001 par value: 150,000,000 shares authorized; 76,769,103 and 70,424,566 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively	7	7
Additional paid-in capital	184,614	168,022
Accumulated deficit	(139,982)	(140,406)
Total stockholders’ equity	44,639	27,623
Total liabilities and stockholders’ equity	$77,860	$78,037

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(In thousands, except share and per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Net revenue	$25,406	$24,055	$50,603	$42,894
Cost of revenue	15,410	13,292	29,813	24,958
Gross profit	9,996	10,763	20,790	17,936
Operating expenses:
Research and development	2,507	2,267	5,151	4,431
Sales and marketing	4,048	4,412	8,528	8,328
General and administrative	5,121	5,588	11,201	10,658
Total operating expenses	11,676	12,267	24,880	23,417
Loss from operations	(1,680)	(1,504)	(4,090)	(5,481)
Other expenses (income), net:
Interest expense	26	2,868	27	5,739
Gain on sale of intangible assets	(355)	—	(355)	—
Other income, net	(331)	(100)	(828)	(243)
Total other (income) expenses, net	(660)	2,768	(1,156)	5,496
Loss before income tax expense	(1,020)	(4,272)	(2,934)	(10,977)
Income tax (benefit) expense	(3,194)	158	(3,358)	454
Net income (loss)	2,174	(4,430)	424	(11,431)
Other comprehensive income (loss):
Unrealized loss resulting from change in fair value of marketable securities	—	(3)	—	(5)
Total comprehensive income (loss)	$2,174	$(4,433)	$424	$(11,436)
Earnings (loss) per common share
Basic	$0.03	$(0.07)	$0.01	$(0.18)
Diluted	$0.03	$(0.07)	$0.01	$(0.18)
Weighted-average common shares outstanding
Basic	76,281,971	62,290,411	74,440,626	61,977,574
Diluted	80,551,007	62,290,411	78,795,730	61,977,574

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In thousands, except share data)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.