next Thank you, we by of In start the Third calls, Call. then objectives take XXXX laid also our us has will Welcome to Jack. regards meeting wrap I on these adjusted The and update up every out narrowed. to financials, Tecogen's are last an through Earnings couple I and this with was Roger will where up loss plan. then with the EBITDA Quarter objectives. I'll quarter giving our steps. year. Revenue
our the to move had service. same such a on with capital to year, have next same profit. associated further. were reduce systems where factory our Board still cash expected needed work have components and net is of a additional increasing is In gives last we put recover predominantly of to shown number to the margins and be also all X our and into because this credit margin they fact, to certain Inventory heat exact engines members. year. received us credit established service the service it around facility, were is although To with down have do working and we We facility favorable by year. terms as million significantly replaced down next for compared $X.X the Service time, This time expenses if strengthen QX would were exchangers sheet, at balance QX, we
is cash $X.X position million. now over present Our
drawn credit the into $XXX,XXX facility. have We
deposits. In interest customer than lower is customer rate is in longer. lending environment, conservative anticipated to this Our financing position high cash due collecting taking delays
of We months. more the expect these collect over deposits upcoming to
of our the slightly that is next at I'll there are QX. backlog the orders the discuss than We that marketing in are efforts sales lower substantial slide. pipeline. Our believe end pipeline on in the
the view backlog to again on expect the is a The shareholder to predominantly Board approval education backlog reverse national want of small with with The still a approved a agriculture we prepare is and that So increase for a our for paperwork listed to shortly. has residential. uplift item split I last a mix exchange. management mention indoor to
likely the the of special have reverse shareholders meeting The reverse will split parameters, at time, viewpoints vote the discuss to will to uplift. a consider split public various the float options hold an price Board before including on We a various on at undertake matter. shareholders XXXX and the the shareholder the deciding in then early share
Our marketing advantage. competitive efforts on where have segments have been we clear a focused
have to aim are taken who is These to our publications. cooling The end trade customers and developers projects. key into process objective is farm cetera. ice our et X find The products daily, into include attract articles Our their and integrate informational trent can industrial to customer integrate educate products vertical magazines, we magazines, targeted approaches projects. developers
niches second as contractors plants. The a we approach to direct specialize have is and fusion design firms taken in build such that outreach beverage
it months than we higher. expect the date last will sales XX% is XX to higher pipeline year. overall By Our be year-end, XX% for
some business and have that of pipeline our have into continue conversion a Although to financials. a markets we the targeting, significant see we I'd we NTS niches some we sales. sentiment, a sufficient recap are do the like we our the before of believe key of products market should advantage to that quick in
customers. X propositions end for have We value
for use for power resiliency. to hot in power is a use first backup engine and is to electricity generation blackout. produce the energy electrical savings building. water The cases, some generate of This a cogeneration engine the gas in event and natural the for and We
able we twice to as use gas as the equivalent are an much fossil footprint. a are have plant We heat fuel efficient and lower greenhouse as power
cetera, products. source chilled hot in simultaneously and summer generate the our agriculture, we care, are applications producing control, is humidity are water prices cooling and of natural gas such the water products require cooling when time occurs health controlled second in highest Typically, load cheapest et lowest. as that control. These climate clean environment, The cooling
savings. offer we substantial customers also So energy
addition power. to require our chillers savings, In are energy for to very electricity to ideal utilities sufficient little where applications so supply operate unable
fuel electric and utilizing are As an with is electrical the plants most chiller not footprint waste power than heat. cogeneration, our combination cleaner greenhouse gas boiler fossil since equivalent
products credit substantial. Our electrical cooling tax benefit cogeneration from reduces and the to that payback XX% investment clean a up
and proposition customers value third asset long-term services. to Our is management service our
and maximize their energy to savings. provide centers maintenance allow end-to-end service customers Our
run strategy than contracts and to balance sites of increase maintenance of the we plan typical focus offer on. the We an XX service. is of Our that number our maintain services and sometimes to for area range services we heavily will This longer increase years provide that ancillary plant.
have We X segments. revenue
sales of product consists customers. markets cogeneration revenue systems and Our microgrid units, to of a of range and chillers
primarily contracted Our operations maintenance of services and services. our revenue consists
facilities. Our produced revenue stream is hand from sales, by financial customer results. Roger production over thermal electricity to our on-site energy energy at to summarize energy equipment of now including our I'll sales and
