Tigo Energy, Inc. financial data

Symbol
TYGO on Nasdaq
Industry
Semiconductors & Related Devices
Location
655 Campbell Technology Parkway, Suite 150, Campbell, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Roth CH Acquisition IV Co. (to 5/30/2023)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 340 %
Quick Ratio 164 %
Debt-to-equity 157 %
Return On Equity -34.7 % -222%
Return On Assets -13.5 % -311%
Operating Margin -24 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 59.7 M shares +944%
Common Stock, Shares, Outstanding 60.4 M shares
Entity Public Float 282 M USD +147%
Common Stock, Value, Issued 6 K USD
Weighted Average Number of Shares Outstanding, Basic 59.4 M shares +816%
Weighted Average Number of Shares Outstanding, Diluted 59.4 M shares +440%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 105 M USD -80.4%
Revenue from Contract with Customer, Excluding Assessed Tax 105 B USD -80.4%
Cost of Revenue 69.3 M USD -77.8%
Research and Development Expense 9.75 M USD +11.6%
Selling and Marketing Expense 21.1 M USD -3.54%
General and Administrative Expense 30 M USD +34.2%
Operating Income (Loss) -25.2 M USD -456%
Nonoperating Income (Expense) 5.92 M USD -166%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -846 K USD +87.9%
Income Tax Expense (Benefit) 138 K USD
Net Income (Loss) Attributable to Parent -19.4 M USD -448%
Earnings Per Share, Basic -0.36 USD/shares -311%
Earnings Per Share, Diluted -0.38 USD/shares -480%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.03 M USD +7192%
Marketable Securities, Current 12.9 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 6.31 M USD
Inventory, Net 55.8 M USD
Assets, Current 88.4 M USD +33701%
Deferred Income Tax Assets, Net 21 K USD
Property, Plant and Equipment, Net 3.38 M USD
Operating Lease, Right-of-Use Asset 2.29 M USD
Intangible Assets, Net (Excluding Goodwill) 2.13 M USD
Goodwill 12.2 M USD
Other Assets, Noncurrent 731 K USD
Assets 109 M USD +339%
Accounts Payable, Current 6.03 M USD
Liabilities, Current 14.2 M USD
Operating Lease, Liability, Noncurrent 1.27 M USD
Other Liabilities, Noncurrent 714 K USD
Liabilities 54.8 M USD +4166%
Accumulated Other Comprehensive Income (Loss), Net of Tax -47 K USD
Retained Earnings (Accumulated Deficit) -87.3 M USD -8672%
Stockholders' Equity Attributable to Parent 54.3 M USD
Liabilities and Equity 109 M USD +339%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -11.3 M USD -121%
Net Cash Provided by (Used in) Financing Activities 250 K USD -99.1%
Net Cash Provided by (Used in) Investing Activities 15.6 M USD
Common Stock, Shares Authorized 150 M shares
Common Stock, Shares, Issued 60.4 M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.62 M USD -64.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 9.03 M USD -82.2%
Deferred Tax Assets, Valuation Allowance 24.3 K USD +7.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 29.3 K USD +27.6%
Operating Lease, Liability 2.39 M USD
Depreciation 900 K USD 0%
Payments to Acquire Property, Plant, and Equipment 367 K USD +91.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -19.5 M USD -266%
Lessee, Operating Lease, Liability, to be Paid 2.57 M USD
Property, Plant and Equipment, Gross 7.44 M USD
Operating Lease, Liability, Current 1.12 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 443 K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 610 K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 179 K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 346 K USD
Deferred Tax Assets, Operating Loss Carryforwards 20 K USD +15%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10 M shares
Unrecognized Tax Benefits 1.38 M USD +45.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 136 K USD
Additional Paid in Capital 142 M USD +160651%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 100 K USD +117%
Depreciation, Depletion and Amortization 310 K USD +28.1%
Interest Expense 10.2 M USD +263%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%