canar.ai
Rankings/TYGO/Q2 2024 Analysis

Tigo Energy, Inc.

TYGO
Q2 2024(TYGO Q1 FY2024)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$7.2M
AI Revenue (Q)
$392,080
Total Revenue (Q)
$9.8M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q1 2024 revenue = $9.802M (from 10-Q). Revenue at trough levels as solar industry destocking continues. Predict+ AI forecasting product has had ~1 year to ramp. Hardware revenue severely depressed. Math: if AI/software revenue is ~$0.3-0.5M/quarter (consistent with deferred revenue trends), then $0.4M / $9.802M = 4.1%. Rounding to 4%. The higher percentage vs. 2023 reflects denominator compression (hardware crash) not AI growth.
Analyzed by claude-opus-4-6

Quoted Figures

Net revenue $9,802K (Three Months Ended March 31, 2024)
10-Q Q1 FY2024, Income Statement

AI Products Identified (Ring 1)

Predict+ energy demand forecasting

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

EI platform cloud monitoringMLPE optimization firmware

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix