image
Utilities - Renewable Utilities - NYSE - US
$ 1.32
-0.752 %
$ 7.98 M
Market Cap
-0.06
P/E
1. INTRINSIC VALUE

Heliogen, Inc., a renewable energy technology company, develops an A.I.-enabled, concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for power generation; and HelioFuel, a solution for hydrogen fuel production. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was incorporated in 2013 and is headquartered in Pasadena, California.[ Read More ]

The intrinsic value of one HLGN stock under the base case scenario is HIDDEN Compared to the current market price of 1.32 USD, Heliogen, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HLGN

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FINANCIALS
888 K REVENUE
-93.54%
-127 M OPERATING INCOME
20.55%
-130 M NET INCOME
8.73%
-71.6 M OPERATING CASH FLOW
-2.59%
86.7 M INVESTING CASH FLOW
217.48%
1.33 M FINANCING CASH FLOW
1343.93%
1.05 M REVENUE
-53.56%
-12.4 M OPERATING INCOME
21.99%
-35.8 M NET INCOME
-85.55%
-9.79 M OPERATING CASH FLOW
-5.48%
-4.17 M INVESTING CASH FLOW
-144.44%
-473 K FINANCING CASH FLOW
-23650.00%
Balance Sheet Decomposition Heliogen, Inc.
image
Current Assets 83.5 M
Cash & Short-Term Investments 75.6 M
Receivables 4.68 M
Other Current Assets 3.19 M
Non-Current Assets 23.6 M
Long-Term Investments 0
PP&E 19.5 M
Other Non-Current Assets 4.08 M
Current Liabilities 102 M
Accounts Payable 746 K
Short-Term Debt 1.79 M
Other Current Liabilities 99.5 M
Non-Current Liabilities 13 M
Long-Term Debt 12.9 M
Other Non-Current Liabilities 169 K
EFFICIENCY
Earnings Waterfall Heliogen, Inc.
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Revenue 888 K
Cost Of Revenue 60 M
Gross Profit -59.2 M
Operating Expenses 68.1 M
Operating Income -127 M
Other Expenses 2.31 M
Net Income -130 M
RATIOS
-6662.16% GROSS MARGIN
-6662.16%
-14334.01% OPERATING MARGIN
-14334.01%
-14594.37% NET MARGIN
-14594.37%
1616.94% ROE
1616.94%
-121.08% ROA
-121.08%
1588.11% ROIC
1588.11%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Heliogen, Inc.
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Net Income -130 M
Depreciation & Amortization 2.14 M
Capital Expenditures -1.26 M
Stock-Based Compensation -5.16 M
Change in Working Capital 51.3 M
Others 61.9 M
Free Cash Flow -72.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Heliogen, Inc.
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HLGN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Heliogen, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
672 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
672 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 15, 2024
Sell 672 K USD
GROSS WILLIAM
10 percent owner
- 442298
1.5195 USD
9 months ago
Feb 15, 2024
Bought 672 K USD
Nant Capital, LLC
10 percent owner
+ 442298
1.5195 USD
1 year ago
Sep 01, 2023
Bought 47.8 K USD
Nant Capital, LLC
10 percent owner
+ 7360
6.4934 USD
1 year ago
Jun 22, 2023
Bought 146 K USD
Nant Capital, LLC
10 percent owner
+ 634251
0.2303 USD
1 year ago
Jun 22, 2023
Sell 168 K USD
GROSS WILLIAM
10 percent owner
- 730311
0.23 USD
1 year ago
Jun 20, 2023
Sell 7.12 K USD
Obiaya Christiana
Chief Executive Officer
- 30441
0.2338 USD
1 year ago
Jun 20, 2023
Sell 523 USD
Rosser Kelly
Interim CFO, and CAO
- 2238
0.2338 USD
1 year ago
Jun 20, 2023
Sell 2.41 K USD
Doyle Thomas P.
Chief Commercial Officer
- 10302
0.2338 USD
1 year ago
Jun 21, 2023
Bought 61.9 K USD
Nant Capital, LLC
10 percent owner
+ 263695
0.2346 USD
1 year ago
Jun 20, 2023
Bought 14.7 K USD
Nant Capital, LLC
10 percent owner
+ 62916
0.234 USD
1 year ago
Jun 16, 2023
Bought 8.8 K USD
Nant Capital, LLC
10 percent owner
+ 40048
0.2198 USD
1 year ago
Jun 15, 2023
Bought 81.2 K USD
Nant Capital, LLC
10 percent owner
+ 387612
0.2096 USD
1 year ago
Jun 14, 2023
Bought 58.7 K USD
Nant Capital, LLC
10 percent owner
+ 279752
0.21 USD
1 year ago
Jun 13, 2023
Bought 211 K USD
Nant Capital, LLC
10 percent owner
+ 1058542
0.199 USD
1 year ago
Jun 12, 2023
Sell 56 K USD
Sloss Dakin
10 percent owner
- 275000
0.2035 USD
1 year ago
Jun 13, 2023
Sell 584 K USD
Sloss Dakin
10 percent owner
- 2925000
0.1997 USD
1 year ago
Jun 09, 2023
Sell 109 K USD
GROSS WILLIAM
10 percent owner
- 474513
0.23 USD
1 year ago
Jun 08, 2023
Sell 793 K USD
Sloss Dakin
10 percent owner
- 3593083
0.2206 USD
1 year ago
Jun 08, 2023
Sell 1.53 K USD
Sloss Dakin
10 percent owner
- 6917
0.2206 USD
1 year ago
Jun 09, 2023
Bought 177 K USD
Nant Capital, LLC
10 percent owner
+ 768835
0.2299 USD
1 year ago
Jun 08, 2023
Bought 430 K USD
Nant Capital, LLC
10 percent owner
+ 1966263
0.2188 USD
1 year ago
Jun 07, 2023
Bought 245 K USD
Nant Capital, LLC
10 percent owner
+ 1000000
0.2452 USD
1 year ago
Jun 08, 2023
Sell 44.9 K USD
GROSS WILLIAM
10 percent owner
- 204255
0.22 USD
1 year ago
Jun 07, 2023
Sell 390 K USD
GROSS WILLIAM
10 percent owner
- 1559530
0.25 USD
1 year ago
Jun 05, 2023
Sell 22.9 K USD
GROSS WILLIAM
10 percent owner
- 91463
0.25 USD
1 year ago
Jun 06, 2023
Sell 50.5 K USD
GROSS WILLIAM
10 percent owner
- 210239
0.24 USD
1 year ago
Jun 02, 2023
Bought 38.7 K USD
Nant Capital, LLC
10 percent owner
+ 158355
0.2447 USD
1 year ago
Jun 01, 2023
Bought 5.41 K USD
Nant Capital, LLC
10 percent owner
+ 21657
0.2498 USD
1 year ago
Jun 02, 2023
Sell 0.933 USD
GROSS WILLIAM
10 percent owner
- 3.587
0.26 USD
1 year ago
May 30, 2023
Sell 78 USD
GROSS WILLIAM
10 percent owner
- 300
0.26 USD
1 year ago
May 25, 2023
Sell 87.3 K USD
GROSS WILLIAM
10 percent owner
- 335653
0.26 USD
1 year ago
May 24, 2023
Sell 14.7 K USD
GROSS WILLIAM
10 percent owner
- 56523
0.26 USD
1 year ago
May 18, 2023
Sell 95.2 USD
GROSS WILLIAM
10 percent owner
- 340
0.28 USD
1 year ago
May 17, 2023
Sell 44.4 K USD
GROSS WILLIAM
10 percent owner
- 153069
0.29 USD
1 year ago
Apr 13, 2023
Bought 1.77 K USD
Nant Capital, LLC
10 percent owner
+ 7077
0.25 USD
1 year ago
Apr 12, 2023
Bought 43 K USD
Nant Capital, LLC
10 percent owner
+ 172345
0.2496 USD
1 year ago
Apr 11, 2023
Bought 70.1 K USD
Nant Capital, LLC
10 percent owner
+ 280219
0.25 USD
1 year ago
Apr 10, 2023
Bought 22 K USD
Nant Capital, LLC
10 percent owner
+ 88086
0.2494 USD
1 year ago
Apr 06, 2023
Bought 159 K USD
Nant Capital, LLC
10 percent owner
+ 641027
0.2482 USD
1 year ago
Apr 05, 2023
Bought 94.2 K USD
Nant Capital, LLC
10 percent owner
+ 385024
0.2446 USD
1 year ago
Mar 24, 2023
Bought 217 K USD
Nant Capital, LLC
10 percent owner
+ 907677
0.2387 USD
1 year ago
Mar 23, 2023
Bought 89.5 K USD
Nant Capital, LLC
10 percent owner
+ 426374
0.21 USD
1 year ago
Mar 15, 2023
Sell 8.21 K USD
Doyle Thomas P.
Chief Commercial Officer
- 39461
0.2081 USD
1 year ago
Mar 16, 2023
Sell 2.1 K USD
Doyle Thomas P.
Chief Commercial Officer
- 10375
0.2024 USD
1 year ago
Mar 15, 2023
Sell 2.88 K USD
Gauche Paul
Executive VP, Engineering
- 13823
0.2081 USD
1 year ago
Mar 16, 2023
Sell 1.06 K USD
Gauche Paul
Executive VP, Engineering
- 5222
0.2024 USD
1 year ago
Mar 15, 2023
Sell 8.21 K USD
Obiaya Christiana
Chief Executive Officer
- 39461
0.2081 USD
1 year ago
Mar 16, 2023
Sell 2.1 K USD
Obiaya Christiana
Chief Executive Officer
- 10375
0.2024 USD
1 year ago
Dec 20, 2022
Bought 29.2 K USD
Lambert Andrew Alan
Chf. Mfg. & Sply. Chain Ofc.
+ 48000
0.6076 USD
2 years ago
Nov 18, 2022
Bought 50 K USD
GROSS WILLIAM
CHIEF EXECUTIVE OFFICER
+ 50000
1 USD
2 years ago
Aug 24, 2022
Sell 340 K USD
KOLLURI KRISHNA KITTU
director:
- 133299
2.5526 USD
2 years ago
Aug 24, 2022
Sell 340 K USD
NeoTribe Partners I, LLC
10 percent owner
- 133299
2.5526 USD
2 years ago
Aug 25, 2022
Sell 266 K USD
NeoTribe Partners I, LLC
10 percent owner
- 106958
2.4842 USD
2 years ago
Aug 24, 2022
Sell 13.7 K USD
NeoTribe Partners I, LLC
10 percent owner
- 5366
2.5526 USD
2 years ago
Aug 25, 2022
Sell 10.7 K USD
NeoTribe Partners I, LLC
10 percent owner
- 4305
2.4842 USD
2 years ago
Aug 22, 2022
Sell 541 K USD
NeoTribe Partners I, LLC
10 percent owner
- 213462
2.5355 USD
2 years ago
Aug 23, 2022
Sell 371 K USD
NeoTribe Partners I, LLC
10 percent owner
- 153565
2.4184 USD
2 years ago
Aug 22, 2022
Sell 21.8 K USD
KOLLURI KRISHNA KITTU
director:
- 8593
2.5355 USD
2 years ago
Aug 22, 2022
Sell 21.8 K USD
NeoTribe Partners I, LLC
10 percent owner
- 8593
2.5355 USD
2 years ago
Aug 23, 2022
Sell 15 K USD
NeoTribe Partners I, LLC
10 percent owner
- 6182
2.4184 USD
2 years ago
Aug 18, 2022
Sell 337 K USD
NeoTribe Partners I, LLC
10 percent owner
- 135501
2.4852 USD
2 years ago
Aug 18, 2022
Sell 243 K USD
KOLLURI KRISHNA KITTU
director:
- 100022
2.4265 USD
2 years ago
Aug 19, 2022
Sell 243 K USD
NeoTribe Partners I, LLC
10 percent owner
- 100022
2.4265 USD
2 years ago
Aug 18, 2022
Sell 13.6 K USD
NeoTribe Partners I, LLC
10 percent owner
- 5455
2.4852 USD
2 years ago
Aug 19, 2022
Sell 9.77 K USD
NeoTribe Partners I, LLC
10 percent owner
- 4026
2.4265 USD
2 years ago
Aug 16, 2022
Sell 419 K USD
NeoTribe Partners I, LLC
10 percent owner
- 168611
2.4822 USD
2 years ago
Aug 17, 2022
Sell 491 K USD
NeoTribe Partners I, LLC
10 percent owner
- 194263
2.5281 USD
2 years ago
Aug 16, 2022
Sell 491 K USD
KOLLURI KRISHNA KITTU
director:
- 194263
2.5281 USD
2 years ago
Aug 16, 2022
Sell 16.8 K USD
NeoTribe Partners I, LLC
10 percent owner
- 6787
2.4822 USD
2 years ago
Aug 17, 2022
Sell 19.8 K USD
NeoTribe Partners I, LLC
10 percent owner
- 7820
2.5281 USD
2 years ago
Aug 12, 2022
Sell 899 K USD
KOLLURI KRISHNA KITTU
director:
- 316658
2.8376 USD
2 years ago
Aug 12, 2022
Sell 899 K USD
NeoTribe Partners I, LLC
10 percent owner
- 316658
2.8376 USD
2 years ago
Aug 15, 2022
Sell 851 K USD
NeoTribe Partners I, LLC
10 percent owner
- 347211
2.45 USD
2 years ago
Aug 12, 2022
Sell 36.2 K USD
NeoTribe Partners I, LLC
10 percent owner
- 12748
2.8376 USD
2 years ago
Aug 15, 2022
Sell 34.2 K USD
NeoTribe Partners I, LLC
10 percent owner
- 13978
2.45 USD
2 years ago
Aug 10, 2022
Sell 1.13 M USD
NeoTribe Partners I, LLC
10 percent owner
- 395957
2.8508 USD
2 years ago
Aug 11, 2022
Sell 413 K USD
NeoTribe Partners I, LLC
10 percent owner
- 155465
2.6567 USD
2 years ago
Aug 10, 2022
Sell 45.4 K USD
NeoTribe Partners I, LLC
10 percent owner
- 15940
2.8508 USD
2 years ago
Aug 10, 2022
Sell 16.6 K USD
KOLLURI KRISHNA KITTU
director:
- 6258
2.6567 USD
2 years ago
Aug 11, 2022
Sell 16.6 K USD
NeoTribe Partners I, LLC
10 percent owner
- 6258
2.6567 USD
2 years ago
Aug 08, 2022
Sell 581 K USD
NeoTribe Partners I, LLC
10 percent owner
- 222053
2.6145 USD
2 years ago
Aug 09, 2022
Sell 732 K USD
NeoTribe Partners I, LLC
10 percent owner
- 275941
2.6538 USD
2 years ago
Aug 08, 2022
Sell 23.4 K USD
NeoTribe Partners I, LLC
10 percent owner
- 8939
2.6145 USD
2 years ago
Aug 08, 2022
Sell 29.5 K USD
KOLLURI KRISHNA KITTU
director:
- 11109
2.6538 USD
2 years ago
Aug 09, 2022
Sell 29.5 K USD
NeoTribe Partners I, LLC
10 percent owner
- 11109
2.6538 USD
2 years ago
Aug 04, 2022
Sell 186 K USD
NeoTribe Partners I, LLC
10 percent owner
- 72156
2.5795 USD
2 years ago
Aug 04, 2022
Sell 468 K USD
KOLLURI KRISHNA KITTU
director:
- 185696
2.5195 USD
2 years ago
Aug 05, 2022
Sell 468 K USD
NeoTribe Partners I, LLC
10 percent owner
- 185696
2.5195 USD
2 years ago
Aug 04, 2022
Sell 7.63 K USD
NeoTribe Partners I, LLC
10 percent owner
- 2958
2.5795 USD
2 years ago
Aug 05, 2022
Sell 18.8 K USD
NeoTribe Partners I, LLC
10 percent owner
- 7475
2.5195 USD
2 years ago
Aug 01, 2022
Sell 131 K USD
NeoTribe Partners I, LLC
10 percent owner
- 55601
2.3521 USD
2 years ago
Aug 02, 2022
Sell 886 K USD
NeoTribe Partners I, LLC
10 percent owner
- 338547
2.6169 USD
2 years ago
Aug 03, 2022
Sell 403 K USD
NeoTribe Partners I, LLC
10 percent owner
- 153566
2.6231 USD
2 years ago
Aug 01, 2022
Sell 5.26 K USD
NeoTribe Partners I, LLC
10 percent owner
- 2238
2.3521 USD
2 years ago
Aug 01, 2022
Sell 5.26 K USD
KOLLURI KRISHNA KITTU
director:
- 2238
2.3521 USD
2 years ago
Aug 02, 2022
Sell 35.7 K USD
NeoTribe Partners I, LLC
10 percent owner
- 13629
2.6169 USD
2 years ago
Aug 03, 2022
Sell 16.1 K USD
NeoTribe Partners I, LLC
10 percent owner
- 6128
2.6231 USD
2 years ago
Jul 27, 2022
Sell 146 K USD
NeoTribe Partners I, LLC
10 percent owner
- 70300
2.0712 USD
2 years ago
Jul 28, 2022
Sell 430 K USD
NeoTribe Partners I, LLC
10 percent owner
- 182158
2.3625 USD
2 years ago
Jul 27, 2022
Sell 682 K USD
KOLLURI KRISHNA KITTU
director:
- 277242
2.4582 USD
2 years ago
Jul 29, 2022
Sell 682 K USD
NeoTribe Partners I, LLC
10 percent owner
- 277242
2.4582 USD
2 years ago
Jul 27, 2022
Sell 5.86 K USD
NeoTribe Partners I, LLC
10 percent owner
- 2830
2.0712 USD
2 years ago
Jul 28, 2022
Sell 17.3 K USD
NeoTribe Partners I, LLC
10 percent owner
- 7333
2.3625 USD
2 years ago
Jul 29, 2022
Sell 27.4 K USD
NeoTribe Partners I, LLC
10 percent owner
- 11161
2.4582 USD
2 years ago
Jul 21, 2022
Sell 24.9 K USD
NeoTribe Partners I, LLC
10 percent owner
- 12267
2.0294 USD
2 years ago
Jul 21, 2022
Sell 1 K USD
KOLLURI KRISHNA KITTU
director:
- 493
2.0294 USD
2 years ago
Jul 21, 2022
Sell 1 K USD
NeoTribe Partners I, LLC
10 percent owner
- 493
2.0294 USD
2 years ago
Jul 18, 2022
Sell 46.2 K USD
NeoTribe Partners I, LLC
10 percent owner
- 23030
2.0061 USD
2 years ago
Jul 19, 2022
Sell 7.02 K USD
NeoTribe Partners I, LLC
10 percent owner
- 3496
2.008 USD
2 years ago
Jul 20, 2022
Sell 162 K USD
NeoTribe Partners I, LLC
10 percent owner
- 78128
2.0677 USD
2 years ago
Jul 18, 2022
Sell 1.86 K USD
NeoTribe Partners I, LLC
10 percent owner
- 927
2.0061 USD
2 years ago
Jul 18, 2022
Sell 1.86 K USD
KOLLURI KRISHNA KITTU
director:
- 927
2.0061 USD
2 years ago
Jul 19, 2022
Sell 281 USD
NeoTribe Partners I, LLC
10 percent owner
- 140
2.008 USD
2 years ago
Jul 20, 2022
Sell 6.5 K USD
NeoTribe Partners I, LLC
10 percent owner
- 3145
2.0677 USD
2 years ago
Jul 11, 2022
Sell 160 K USD
NeoTribe Partners I, LLC
10 percent owner
- 75141
2.1312 USD
2 years ago
Jul 12, 2022
Sell 141 K USD
NeoTribe Partners I, LLC
10 percent owner
- 67980
2.0694 USD
2 years ago
Jul 13, 2022
Sell 26.3 K USD
NeoTribe Partners I, LLC
10 percent owner
- 13021
2.0213 USD
2 years ago
Jul 11, 2022
Sell 6.44 K USD
NeoTribe Partners I, LLC
10 percent owner
- 3023
2.1312 USD
2 years ago
Jul 12, 2022
Sell 5.66 K USD
NeoTribe Partners I, LLC
10 percent owner
- 2736
2.0694 USD
2 years ago
Jul 11, 2022
Sell 1.06 K USD
KOLLURI KRISHNA KITTU
director:
- 524
2.0213 USD
2 years ago
Jul 13, 2022
Sell 1.06 K USD
NeoTribe Partners I, LLC
10 percent owner
- 524
2.0213 USD
2 years ago
Jun 28, 2022
Sell 2.9 M USD
Sloss Dakin
10 percent owner
- 1028654
2.8162 USD
2 years ago
Jun 29, 2022
Sell 2.85 M USD
Sloss Dakin
10 percent owner
- 1405434
2.0243 USD
2 years ago
Jun 30, 2022
Sell 450 K USD
Sloss Dakin
10 percent owner
- 225786
1.9918 USD
2 years ago
Jul 06, 2022
Sell 251 K USD
NeoTribe Partners I, LLC
10 percent owner
- 120404
2.0884 USD
2 years ago
Jul 07, 2022
Sell 206 K USD
NeoTribe Partners I, LLC
10 percent owner
- 93277
2.2116 USD
2 years ago
Jul 08, 2022
Sell 318 K USD
NeoTribe Partners I, LLC
10 percent owner
- 140394
2.267 USD
2 years ago
Jul 06, 2022
Sell 10.1 K USD
NeoTribe Partners I, LLC
10 percent owner
- 4847
2.0884 USD
2 years ago
Jul 07, 2022
Sell 8.3 K USD
NeoTribe Partners I, LLC
10 percent owner
- 3755
2.2116 USD
2 years ago
Jul 06, 2022
Sell 12.8 K USD
KOLLURI KRISHNA KITTU
director:
- 5652
2.267 USD
2 years ago
Jul 08, 2022
Sell 12.8 K USD
NeoTribe Partners I, LLC
10 percent owner
- 5652
2.267 USD
2 years ago
Jun 29, 2022
Sell 497 K USD
NeoTribe Partners I, LLC
10 percent owner
- 239599
2.0746 USD
2 years ago
Jun 30, 2022
Sell 303 K USD
NeoTribe Partners I, LLC
10 percent owner
- 142792
2.1203 USD
2 years ago
Jun 29, 2022
Sell 303 K USD
KOLLURI KRISHNA KITTU
director:
- 142792
2.1203 USD
2 years ago
Jul 01, 2022
Sell 246 K USD
NeoTribe Partners I, LLC
10 percent owner
- 121701
2.0191 USD
2 years ago
Jun 29, 2022
Sell 20 K USD
NeoTribe Partners I, LLC
10 percent owner
- 9645
2.0746 USD
2 years ago
Jun 30, 2022
Sell 12.2 K USD
NeoTribe Partners I, LLC
10 percent owner
- 5748
2.1203 USD
2 years ago
Jul 01, 2022
Sell 9.89 K USD
NeoTribe Partners I, LLC
10 percent owner
- 4899
2.0191 USD
2 years ago
Jun 28, 2022
Sell 113 K USD
Heliogen PML SPV 1 LP
director:
- 56606
1.9918 USD
2 years ago
Jun 14, 2022
Bought 49.4 K USD
GROSS WILLIAM
Chief Executive Officer
+ 20000
2.47 USD
2 years ago
Jun 06, 2022
Bought 49.1 K USD
GROSS WILLIAM
Chief Executive Officer
+ 13124
3.74 USD
2 years ago
Dec 30, 2021
Bought 0 USD
Newhouse Phyllis W.
Director
+ 510000
0 USD
7. News
Heliogen, Inc. Announces Third Quarter 2024 Financial and Operational Results PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its third quarter 2024 financial and operational results. Financial and Operational Highlights Liquidity of $44.6 million as of September 30, 2024 Total operating expenses for Q3 2024 decreased by 32% sequentially, compared to Q2 2024 Texas Steam Plant, Heliogen's first commercial-scale installation, continues to progress toward mec. businesswire.com - 1 week ago
Heliogen Appoints Apurba Das as Chief Technology Officer PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (OTCQX: HLGN) (the “Company”), a leading provider of concentrating solar energy technology, today announced the appointment of Apurba Das, as Chief Technology Officer (CTO). Das has been with Heliogen since 2021, and has been instrumental in advancing technology and innovation initiatives as Vice President of Engineering for Process and Power Systems. Now as CTO, Das has oversight for the plant design and engineering of Heliogen's concentrating. businesswire.com - 4 weeks ago
Heliogen, Inc. Announces Second Quarter 2024 Financial and Operational Results PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its second quarter 2024 financial and operational results. Financial and Operational Highlights No significant changes to contracts or backlog vs. prior quarter; outstanding proposals with 4 customers for early design stage projects representing 0.9 gigawatts First commercial-scale installation of Heliogen steam plant in west Texas. businesswire.com - 3 months ago
Heliogen Extends Limited Duration Stockholders Rights Plan PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen” or the “Company”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that its Board of Directors (the “Board”) adopted an amendment to its existing limited duration stockholder rights plan (as amended, the “Rights Plan”) to extend the duration of the Rights Plan and reduce the exercise price of the rights. Julie Kane, Chair of the Board, stated “Heliogen continues to experience a si. businesswire.com - 7 months ago
Heliogen, Inc. (HLGN) Q4 2023 Earnings Call Transcript Heliogen, Inc. (HLGN) Q4 2023 Earnings Call Transcript seekingalpha.com - 7 months ago
Heliogen, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results; Appoints New CFO PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today provided its fourth quarter and full year 2023 financial and operational results and announced the appointment of its new Chief Financial Officer. Financial and Operational Highlights 2.0 gigawatts (“GW”) in opportunity pipeline, an increase of nearly 1.2 GW since August 2023 Demonstrated third-party validation of the effectiveness of Heliog. businesswire.com - 7 months ago
Heliogen, Inc. Schedules Release of Fourth Quarter and Full Year 2023 Financial Results and Conference Call PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced that it will release financial and operating results for the fourth quarter and full year 2023 after the market close on Monday, March 25, 2024. This release will be followed by a conference call for investors at 10:00 AM EDT on Tuesday, March 26. Christie Obiaya, Heliogen's Chief Executive Officer will host the call. The conference call may. businesswire.com - 8 months ago
Heliogen Announces CFO Transition PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen” or the “Company”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced that the Company and its Chief Financial Officer, Sagar Kurada have mutually agreed for Mr. Kurada to transition out of his role, effective January 11, 2024. Mr. Kurada will support the Company during a transition period to ensure an orderly exit. The Company has initiated a formal search process for Mr. Kurada's p. businesswire.com - 10 months ago
Heliogen's CEO to Lead Public Presentation in Sidoti's Virtual Investor Conference PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy, today announced its participation in the Sidoti Micro-Cap Virtual Investor Conference. The event will take place from Jan. 17 to 18, 2024, uniting thought leaders, innovators, and investors from across the globe in a dynamic virtual environment. As part of Heliogen's ongoing dedication to fostering strong relationships with the investment community and under. businesswire.com - 10 months ago
Heliogen Unveils Significant Achievement in Concentrating Solar Technology with Successful Demonstration of Advanced Control Software at Sandia Labs PASADENA, Calif.--(BUSINESS WIRE)---- $HLGN--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, has demonstrated the effectiveness of its proprietary control system at Sandia National Laboratories' National Solar Thermal Test Facility (NSTTF). The project, funded by the Department of Energy's (DOE) Technology Commercialization Fund, marks a leap forward in concentrating solar energy and provides third-party validation data essential to Helio. businesswire.com - 11 months ago
Heliogen Announces Semifinalist Position in DOE Heliostat Prize PASADENA, Calif.--(BUSINESS WIRE)--Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a leading provider of AI-enabled concentrating solar energy technology, today announced its selection as one of nine semifinalists in the U.S. Department of Energy's (DOE) American-Made Heliostat Prize. This renowned contest, part of a three-phase challenge, accelerates technological innovation in selected heliostat components. Heliogen's project, "Testing & Deployment of Fully Wireless Heliostats," is a novel ini. businesswire.com - 11 months ago
Heliogen, Inc. (HLGN) Q3 2023 Earnings Call Transcript Heliogen, Inc. (OTC:HLGN) Q3 2023 Earnings Conference Call November 14, 2023 10:00 AM ET Company Participants Louis Baltimore - Vice President, Strategic Finance and Investor Relations Christie Obiaya - Chief Executive Officer Sagar Kurada - Chief Financial Officer Operator Good morning and welcome to the Heliogen Inc. Third Quarter 2023 Conference Call. As a reminder, today's call is being recorded. seekingalpha.com - 1 year ago
8. Profile Summary

Heliogen, Inc. HLGN

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COUNTRY US
INDUSTRY Renewable Utilities
MARKET CAP $ 7.98 M
Dividend Yield 0.00%
Description Heliogen, Inc., a renewable energy technology company, develops an A.I.-enabled, concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for power generation; and HelioFuel, a solution for hydrogen fuel production. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was incorporated in 2013 and is headquartered in Pasadena, California.
Contact 130 West Union Street, Pasadena, CA, 91103 https://www.heliogen.com
IPO Date May 7, 2021
Employees 144
Officers Mr. Steven Schell Chief Scientist Mr. Apurba Das Chief Technology Officer Matt McCormick Vice President of Solar Field Design & Operations Ms. Tanya Peterson Senior Vice President of People Operations Mr. Thomas P. Doyle P.E. Chief Commercial Officer Ms. Christiana Obiaya Chief Executive Officer & Director Ms. Wilda Siu Chief Accounting Officer and Head of Business Systems & Information Technology