Capstone Green Energy Holdings Inc's Business Segments

Capstone Energy+, Inc. develops behind-the-meter clean energy solutions for industrial, commercial, artificial intelligence, and data center applications. With nearly 40 years of experience, the company designs oil-free, frictionless microturbine-based power generation technology characterized by low emissions, high uptime, and broad gaseous fuel compatibility. Its product offerings include on-site power generation configurations such as Combined Heat and Power (CHP), Integrated CHP (ICHP), and Combined Cooling, Heat and Power (CCHP), supporting full microgrid applications that integrate renewables, battery storage, and other distributed energy resources. Capstone's inverter-based microturbines deliver dispatchable, continuous power and have shipped over 10,800 units totaling 1.18 gigawatts across 89 countries. The core microturbine platforms range from 30 kilowatts to 200 kilowatts and are scalable to multi-megawatt solutions designed for rapid deployment and simplified maintenance. The company serves industries including data centers, hospitals, agriculture, and industrial facilities. Capstone offers Energy as a Service (EaaS) solutions such as power purchase agreements, leasing, and rentals to reduce upfront costs and accelerate deployment. Its proprietary technology features advanced combustion for ultra-low emissions, air bearing systems that eliminate friction and lubrication, digital power electronics for grid integration, and remote monitoring software. The product line includes the UL-listed C65, C200, C400, C600, C800, and C1000S Series microturbines, with recent certifications for grid interconnection. The company is also developing the C250 microturbine specifically designed for artificial intelligence data center power requirements.

The Company operates as a single reportable segment focused on the development, manufacture, sale, and rental of microturbine energy systems and related parts and services. The Chief Executive Officer, serving as the Chief Operating Decision Maker (CODM), evaluates performance and allocates resources on a consolidated basis using consolidated net income or loss in accordance with GAAP. Significant expenses reported to the CODM include Cost of Revenue—comprising direct materials, direct labor, manufacturing overhead, warranty costs, and service costs under Firm Price Purchase (FPP) and Long-Term Maintenance Agreement (LTMA) contracts—Research and Development expenses related to microturbine technology design and improvement, Selling, General and Administrative expenses covering salaries, benefits, commissions, marketing, occupancy, and corporate costs, as well as Non-Recurring Professional Expenses such as restructuring costs, financing fees, litigation and legal expenses, financial restatement costs, and SEC investigation expenses. The primary measure of segment profitability is consolidated net income or loss, with Fiscal 2026 reflecting a return to profitability following a net loss in Fiscal 2025. There are no intersegment sales or transfers within the consolidated entity, and the CODM does not assess the segment based on asset or liability information.