Tigo Energy, Inc.
TYGOQ3 2023(TYGO Q2 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$348.7M
AI Revenue (Q)
$688.3M
Total Revenue (Q)
$68.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 2023 revenue = $68.826M (derived: H1 2023 = $118.884M minus Q1 = $50.058M). Another massive hardware quarter. Predict+ AI forecasting is a small SaaS product ramping from the fSight acquisition. Deferred revenue (a proxy for software subscriptions) was only $335K current + $466K non-current = $801K total as of Dec 31, 2023 for the full year. AI revenue from Predict+ is tiny relative to $68.8M hardware quarter. Math: even if all deferred revenue is AI software, annualized ~$1-2M vs ~$250M+ annualized hardware run rate. $0.5M / $68.826M < 1%. Rounding up to 1%.
Analyzed by claude-opus-4-6
Quoted Figures
Net revenue Six Months Ended June 30, 2023: $118,884K
10-Q Q2 FY2024, Income Statement
Deferred revenue current portion $335K, non-current $466K as of December 31, 2023
10-Q Q1 FY2024, Balance Sheet
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