Company research
Heliogen, Inc.
CIK 1840292Updated Sep 26, 2026
Securities
Historical securities (7)
ATHN · NYSE · equity · closed Dec 31, 2021HLGN · NASDAQ · equity · closed Nov 6, 2023HLGN · OTC · equity · closed Aug 8, 2025HLGNW · OTC · warrant · closed Aug 7, 2025ATHN.WS · NYSE · warrant · closed Dec 30, 2021ATHN.UN · NYSE · unit · closed Dec 30, 2021HLGN.WS · NYSE · warrant · closed Nov 2, 2023Name history
Athena Technology Acquisition Corp. · through Dec 30, 2021
ATHN price & chart
Historical security
This listing closed Dec 31, 2021. Live provider charts are shown only for current listings.
About the company
Heliogen (OTCQX: HLGN) is a renewable energy technology company that provides solutions for delivering cost-effective, low-carbon energy production around the clock. By combining commercially proven solar technologies with thermal systems expertise, Heliogen supports customers in achieving a practical transition to cleaner energy. For more information about Heliogen, please visit www.heliogen.com.
In the news
No coverage from other publishers is available.
Recent filings
15-12G filing
S-8 POS filing
S-8 POS filing
S-8 POS filing
Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Material Modification to Rights of Security Holders · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.07, 9.01
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 44,290,000Source | 107,033,000Source | 191,619,000Source | 92,229,000Source |
| Property, Plant and Equipment, NetUSD | 315,000Source | 5,577,000Source | 7,071,000Source | — |
| GoodwillUSD | — | 0Source | 1,004,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 36,949,000Source | 62,715,000Source | 45,719,000Source | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | 1,119,000Source | — |
| Inventory, NetUSD | 0Source | 1,956,000Source | 2,442,000Source | — |
| Assets, CurrentUSD | 39,078,000Source | 83,466,000Source | 158,821,000Source | — |
| Prepaid Expense and Other Assets, CurrentUSD | 865,000Source | 1,230,000Source | 3,306,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 2,831,000Source | 13,909,000Source | 14,772,000Source | — |
| Other Assets, NoncurrentUSD | 1,066,000Source | 3,010,000Source | 8,295,000Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 15,272,000Source | 115,048,000Source | 66,295,000Source | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 1,000Source | 1,000Source | 19,000Source | — |
| Additional Paid in CapitalUSD | 435,159,000Source | 430,678,000Source | 434,478,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | -405,631,000Source | -438,178,000Source | -308,580,000Source | -33,228,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -511,000Source | -516,000Source | -593,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 29,018,000Source | -8,015,000Source | 125,324,000Source | -31,475,000Source |
| Liabilities and EquityUSD | 44,290,000Source | 107,033,000Source | 191,619,000Source | 92,229,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 12,614,000Source | 102,001,000Source | 51,289,000Source | 3,903,000Source |
| Operating Lease, Liability, CurrentUSD | 2,550,000Source | 1,792,000Source | 1,570,000Source | — |
| Accounts Payable, CurrentUSD | 1,450,000Source | 746,000Source | 6,921,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | 2,314,000Source | 12,878,000Source | 13,921,000Source | — |
| Other Liabilities, NoncurrentUSD | 344,000Source | 69,000Source | 443,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 11,164,000Source | 8,907,000Source | 5,602,000Source | 806,000Source |
| Deferred Tax Liabilities, NetUSD | 6,728,000Source | 12,901,000Source | 9,438,000Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -137,408,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 965,000Source | 2,142,000Source | 2,587,000Source | 562,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,633,000Source | -5,164,000Source | 42,647,000Source | 11,380,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -227,000Source | 1,713,000Source | 2,442,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | 3,721,000Source | 1,885,000Source |
| Deferred Income Tax Expense (Benefit)USD | 6,000Source | 1,000Source | -1,018,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -38,849,000Source | -71,644,000Source | -69,837,000Source | -31,055,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 1,684,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 13,142,000Source | 86,654,000Source | -73,763,000Source | -38,646,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | 0Source | 46,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 264,000Source | 1,257,000Source | 9,034,000Source | 3,836,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 95,000Source | 21,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -59,000Source | 1,331,000Source | -107,000Source | 242,948,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | 0Source | -1,274,000Source | -6,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -25,766,000Source | 16,341,000Source | -143,707,000Source | 173,247,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 38,449,000Source | 64,215,000Source | 47,874,000Source | 191,581,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 0Source | 4,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 2,633,000Source | -5,164,000Source | 42,861,000Source | 11,380,000Source |
| Amortization of Intangible AssetsUSD | — | 100,000Source | 700,000Source | — |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | — | 165,000,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | 0Source | 0Source | 0Source | 0Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | -200,000Source | 0Source |
| DepreciationUSD | 900,000Source | 2,100,000Source | 1,900,000Source | 500,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -300,000Source | — | — | — |
| GoodwillUSD | — | 0Source | 1,004,000Source | 4,204,000Source |
| Goodwill, Impairment LossUSD | 0Source | 1,008,000Source | — | 0Source |
| Income Tax Expense (Benefit)USD | 6,000Source | 1,000Source | -1,016,000Source | 2,000Source |
| Insurance Services RevenueUSD | — | — | — | 1,400,000Source |
| Inventory Write-downUSD | 1,729,000Source | 2,391,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 32,547,000Source | -129,598,000Source | -142,000,000Source | -137,408,000Source |
| Operating ExpensesUSD | 59,679,000Source | 79,457,000Source | 126,427,000Source | 43,322,000Source |
| Operating Lease, Impairment LossUSD | 1,352,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 561,000Source | 3,473,000Source | 2,280,000Source | -517,000Source |
| Other Operating Income (Expense), NetUSD | — | — | — | -517,000Source |
| Proceeds from Issuance of Redeemable Preferred StockUSD | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 12,500,000Source | 185,100,000Source | 140,700,000Source | 16,224,000Source |
| Proceeds from Stock Options ExercisedUSD | 3,000Source | 1,175,000Source | 1,167,000Source | 524,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | 17,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 1,442,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 19,844,000Source | — | — | 8,804,000Source |
| Cost of RevenueUSD | 4,655,000Source | 3,677,000Source | 8,107,000Source | — |
| Selling, General and Administrative ExpenseUSD | 36,320,000Source | 50,655,000Source | 81,224,000Source | 29,844,000Source |
| Operating Income (Loss)USD | 29,627,000Source | -135,060,000Source | -160,212,000Source | -43,965,000Source |
| Other Nonoperating Income (Expense)USD | 561,000Source | 3,473,000Source | 2,280,000Source | -517,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 32,553,000Source | -129,597,000Source | -143,016,000Source | -137,406,000Source |
| Income Tax Expense (Benefit)USD | 6,000Source | 1,000Source | -1,016,000Source | 2,000Source |
| Net Income (Loss) Attributable to ParentUSD | 32,547,000Source | -129,598,000Source | -142,000,000Source | -137,408,000Source |
| Earnings Per Share, BasicUSD per share | 5.36Source | -22.26Source | -0.75Source | -11.48Source |
| Earnings Per Share, DilutedUSD per share | 5.22Source | -22.26Source | -0.75Source | -11.48Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 6,071,530Source | 5,822,389Source | 190,190,057Source | 11,970,550Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 6,231,240Source | 5,822,389Source | 190,190,057Source | 11,970,550Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 100,000Source | 700,000Source | — |
| Costs and ExpensesUSD | -66,082,000Source | — | — | — |
| Goodwill, Impairment LossUSD | 0Source | 1,008,000Source | — | 0Source |
| Gross ProfitUSD | 89,306,000Source | -55,603,000Source | -33,785,000Source | -643,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | — | -137,406,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 33,416,000Source | -129,092,000Source | -136,881,000Source | -136,753,000Source |
| Insurance Services RevenueUSD | — | — | — | 1,400,000Source |
| Interest Income (Expense), NetUSD | — | — | — | 634,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 2,299,000Source | 1,448,000Source | 995,000Source | 634,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | — | — | — | -137,408,000Source |
| Operating ExpensesUSD | 59,679,000Source | 79,457,000Source | 126,427,000Source | 43,322,000Source |
| Other Cost of Operating RevenueUSD | 3,380,000Source | 3,517,000Source | 5,653,000Source | 3,177,000Source |
| Other Operating Income (Expense), NetUSD | — | — | — | -517,000Source |
| Realized Investment Gains (Losses)USD | — | — | — | 17,000Source |
| Research and Development ExpenseUSD | 16,335,000Source | 21,028,000Source | 38,281,000Source | 13,478,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 1,442,000Source |
| Revenue Not from Contract with Customer, OtherUSD | 3,380,000Source | 3,557,000Source | 7,232,000Source | — |
Filing attachments
ea024290001ex4-1_heliogen.htm · 425 · 2025-05-29
EX-4.1 3 ea024290001ex4-1_heliogen.htm AMENDMENT NO. 4, DATED AS OF MAY 28, 2025, TO THE RIGHTS AGREEMENT, DATED AS OF APRIL 16, 2023, BY AND BETWEEN HELIOGEN, INC. AND CONTINENTAL STOCK TRANSFER & TRUST COMPANY, AS RIGHTS AGENT Exhibit 4.1 Execution Version AMENDMENT NO. 4 TO RIGHTS AGREEMENT This AMENDMENT NO. 4 TO RIGHTS AGREEMENT, dated as of May 28, 2025 (this “Amendment”), is made and entered into by and between Heliogen, Inc., a Delaware corporation (the “Company”), and Continental…
Read attachment ↗ea024290001ex99-1_heliogen.htm · 425 · 2025-05-29
EX-99.1 5 ea024290001ex99-1_heliogen.htm JOINT PRESS RELEASE, DATED MAY 29, 2025 Exhibit 99.1 Zeo Energy Corp. to Acquire Heliogen, Inc., Expected to Create a Clean Energy Platform for Residential, Commercial, and Utility Markets Acquisition Seeks to Combine Zeo’s Solar Energy Platform with Heliogen’s Advanced Clean Storage Solutions Transaction Represents Culmination of Heliogen’s Comprehensive Strategic Alternatives Review Process New Port Richey, Fla. and Pasadena, Calif. - May 29, 2…
Read attachment ↗ea024290001ex4-1_heliogen.htm · 8-K · 2025-05-29
EX-4.1 3 ea024290001ex4-1_heliogen.htm AMENDMENT NO. 4, DATED AS OF MAY 28, 2025, TO THE RIGHTS AGREEMENT, DATED AS OF APRIL 16, 2023, BY AND BETWEEN HELIOGEN, INC. AND CONTINENTAL STOCK TRANSFER & TRUST COMPANY, AS RIGHTS AGENT Exhibit 4.1 Execution Version AMENDMENT NO. 4 TO RIGHTS AGREEMENT This AMENDMENT NO. 4 TO RIGHTS AGREEMENT, dated as of May 28, 2025 (this “Amendment”), is made and entered into by and between Heliogen, Inc., a Delaware corporation (the “Company”), and Continental…
Read attachment ↗ea024290001ex99-1_heliogen.htm · 8-K · 2025-05-29
EX-99.1 5 ea024290001ex99-1_heliogen.htm JOINT PRESS RELEASE, DATED MAY 29, 2025 Exhibit 99.1 Zeo Energy Corp. to Acquire Heliogen, Inc., Expected to Create a Clean Energy Platform for Residential, Commercial, and Utility Markets Acquisition Seeks to Combine Zeo’s Solar Energy Platform with Heliogen’s Advanced Clean Storage Solutions Transaction Represents Culmination of Heliogen’s Comprehensive Strategic Alternatives Review Process New Port Richey, Fla. and Pasadena, Calif. - May 29, 2…
Read attachment ↗ea023834501ex4-1_heliogen.htm · 8-K · 2025-04-15
EX-4.1 2 ea023834501ex4-1_heliogen.htm AMENDMENT NO. 3, DATED AS OF APRIL 14, 2025, TO RIGHTS AGREEMENT, DATED AS OF APRIL 16, 2023, BY AND BETWEEN HELIOGEN, INC. AND CONTINENTAL STOCK TRANSFER & TRUST COMPANY, AS RIGHTS AGENT Exhibit 4.1 AMENDMENT NO. 3 TO RIGHTS AGREEMENT This AMENDMENT NO. 3 TO RIGHTS AGREEMENT, dated as of April 14, 2025 (this “Amendment”), is made and entered into by and between Heliogen, Inc., a Delaware corporation (the “Company”), and Continental Stock Transfer & T…
Read attachment ↗ex991-q42024earningsrelease.htm · 8-K · 2025-03-27
EX-99.1 2 ex991-q42024earningsrelease.htm EX-99.1 Document Exhibit 99.1 Heliogen, Inc. Announces Fourth Quarter and Full Year 2024 Financial and Operational Results PASADENA, Calif., March 27, 2025 - Heliogen, Inc. (“Heliogen”) (OTCQX: HLGN), a renewable energy technology company utilizing concentrated sunlight and thermal energy storage to deliver dispatchable, cost-effective, low-carbon energy, today provided its fourth quarter and full year 2024 financial and operational results. Fin…
Read attachment ↗