XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenues    
Energy revenues $ 7,808,933us-gaap_SalesRevenueEnergyServices $ 7,164,226us-gaap_SalesRevenueEnergyServices
Turnkey & other revenues 758,620tcgn_TurnkeyAndOtherRevenues 297,654tcgn_TurnkeyAndOtherRevenues
Sales Revenue, Net, Total 8,567,553us-gaap_SalesRevenueNet 7,461,880us-gaap_SalesRevenueNet
Cost of sales    
Fuel, maintenance and installation 5,914,525us-gaap_CostOfGoodsAndServicesEnergyCommoditiesAndServices 4,862,905us-gaap_CostOfGoodsAndServicesEnergyCommoditiesAndServices
Non-cash site impairments 723,438us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Depreciation expense 1,843,817us-gaap_CostOfServicesDepreciation 1,382,693us-gaap_CostOfServicesDepreciation
Cost of Goods and Services Sold, Total 8,481,780us-gaap_CostOfGoodsAndServicesSold 6,245,598us-gaap_CostOfGoodsAndServicesSold
Gross profit 85,773us-gaap_GrossProfit 1,216,282us-gaap_GrossProfit
Operating expenses    
General and administrative 3,238,141us-gaap_GeneralAndAdministrativeExpense 2,940,833us-gaap_GeneralAndAdministrativeExpense
Selling 1,078,351us-gaap_SellingExpense 1,383,077us-gaap_SellingExpense
Engineering 897,445tcgn_EngineeringExpenses 1,018,914tcgn_EngineeringExpenses
Operating Expenses, Total 5,213,937us-gaap_OperatingExpenses 5,342,824us-gaap_OperatingExpenses
Loss from operations (5,128,164)us-gaap_OperatingIncomeLoss (4,126,542)us-gaap_OperatingIncomeLoss
Other income (expense)    
Interest and other income 92,928us-gaap_InterestAndOtherIncome 49,291us-gaap_InterestAndOtherIncome
Interest expense (1,402,493)us-gaap_InterestExpense (1,292,766)us-gaap_InterestExpense
Debt conversion inducement expense (324,977)us-gaap_InducedConversionOfConvertibleDebtExpense 0us-gaap_InducedConversionOfConvertibleDebtExpense
Loss on extinguishment of debt (533,177)us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt
Change in fair value of warrant liability 125,485us-gaap_GainLossOnDerivativeInstrumentsNetPretax 257,189us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Nonoperating Income (Expense), Total (2,042,234)us-gaap_NonoperatingIncomeExpense (986,286)us-gaap_NonoperatingIncomeExpense
Loss before benefit (provision) for income taxes (7,170,398)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (5,112,828)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Benefit/(Provision) for income taxes 645,040us-gaap_IncomeTaxExpenseBenefit (13,450)us-gaap_IncomeTaxExpenseBenefit
Consolidated net loss (6,525,358)us-gaap_ProfitLoss (5,126,278)us-gaap_ProfitLoss
Loss attributable to noncontrolling interest 636,464us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 239,606us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net loss attributable to American DG Energy Inc. $ (5,888,894)us-gaap_NetIncomeLoss $ (4,886,672)us-gaap_NetIncomeLoss
Net loss per share - basic and diluted (usd per share) $ (0.12)us-gaap_EarningsPerShareBasicAndDiluted $ (0.10)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding - basic and diluted (in shares) 50,999,408us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 48,932,838us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted