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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 17,801,025 $ 3,921,054
Restricted cash 0 65,790
Accounts receivable, net 879,630 661,435
Unbilled revenue 18,825 117,846
Due from related party 21,140 52,432
Inventory 634,120 487,724
Prepaid and other current assets 322,276 86,089
Total current assets 19,677,016 5,392,370
Property, plant and equipment, net 14,690,117 14,362,444
Accounts receivable, long-term 82,664 17,034
Other assets, long-term 53,504 0
TOTAL ASSETS 34,503,301 19,771,848
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 520,608 482,917
Accrued expenses and other current liabilities 589,032 370,774
Due to related party 313,847 2,560,720
Capital lease obligations 3,365 3,365
Total current liabilities 1,426,852 3,417,776
Long-term liabilities:    
Convertible debentures 19,400,000 0
Warrant liability 249,561 676,603
Capital lease obligations, long-term 3,365 6,730
Other long-term liabilities 43,052 0
Total liabilities 21,122,830 4,101,109
Stockholders' equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 46,001,404 and 45,598,029 issued and outstanding at December 31, 2011 and 2010, respectively 46,001 45,598
Additional paid-in capital 30,399,370 28,905,660
Accumulated deficit (17,931,058) (14,147,113)
Total American DG Energy Inc. stockholders' equity 12,514,313 14,804,145
Noncontrolling interest 866,158 866,594
Total stockholders' equity 13,380,471 15,670,739
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 34,503,301 $ 19,771,848