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Roam Launches Business eSIM to Power Global Teams with Reliable Connectivity Across 180+ Countries

Roam Launches Business eSIM to Power Global Teams with Reliable Connectivity Across 180+ Countries

VANCOUVER, BC / ACCESS Newswire / April 21, 2025 / Roam, a decentralized open wireless network, has officially launched its Business eSIM Plan. This next-generation connectivity solution enables global teams-especially Web3 businesses-to effortlessly access seamless, scalable, global connectivity in over 180 countries, eliminating roaming fees, SIM swaps, and setup hassles. Notably, it allows businesses to reduce roaming costs by up to 80%.
This launch responds to the increasing need for seamless connectivity among remote teams and global enterprises, especially in the Web3 sector, where international collaboration is vital, and traditional mobile solutions fall short.
A New Standard for Global Roaming
Roam's Business eSIM eliminates one of the most persistent pain points for traditional companies: fragmented, expensive, and hard-to-manage mobile connectivity. Unlike telecom operators that offer fixed plans or per-country packages, Roam gives enterprises an all-in-one eSIM solution.
Roam eSIM offers global coverage in 180+ countries with a single eSIM profile. Employees can activate their eSIM instantly via the Roam App, getting online the moment they land-no SIM swaps or manual setup needed.
With an admin dashboard, companies can assign eSIMs to team members based on destination or role, set daily or monthly budget limits, and track real-time account balance. Balance never expires and can be reallocated across trips or employees, making Roam ideal for professionals and teams that are always on the move. Finance teams can export usage data in CSV format for reporting or reconciliation.
Flexible Payments & Top-Up Bonuses
Roam supports a wide range of payment options including traditional credit cards and cryptocurrencies. Businesses that choose to pay with $ROAM receive an exclusive 10% discount on their account.
On top of that, businesses enjoy up to 35% Top-up bonuses. For example, when businesses top up $500, they receive $550 in credit, and with a $2000 top-up, they get $2400 in credit.
Built for Global Workforces, Ready for the Future
Roam Business eSIM is built to meet the needs of any traditional or Web3 business with a global presence. It enables seamless connectivity without the hassle of local SIMs, manual setup, or roaming fees. With no limit on team access, organizations can scale effortlessly as their workforce grows.
As the boundaries of work, geography, and identity continue to shift, Roam is more than just a data provider-it serves as an open wireless network, supporting ecosystem collaboration, remote onboarding, and real-time operations on a global scale.
SOURCE: Roam
View the original press release on ACCESS Newswire
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Tecogen Reports Second Quarter 2025 Financial Results
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See the table following the Condensed Consolidated Statements of Operations for a reconciliation from net income (loss) to Adjusted EBITDA, as well as important disclosures about the Company's use of Adjusted EBITDA). Conference Call Scheduled for August 13, 2025, at 9:30 am ET Tecogen will host a conference call on August 13, 2025 to discuss the second quarter results beginning at 9:30 am eastern time. To listen to the call please dial (877) 407-7186 within the U.S. and Canada, or +1 (201) 689-8052 from other international locations. Participants should ask to be joined to the Tecogen Second Quarter conference call. Please begin dialing 10 minutes before the scheduled starting time. The earnings press release will be available on the Company website at in the 'News and Events' section under 'About Us.' The earnings conference call will be webcast live. To view the associated slides, register for and listen to the webcast, go to Following the call, the recording will be archived for 14 days. The earnings conference call will be recorded and available for playback one hour after the end of the call. To listen to the playback, dial (877) 660-6853 within the U.S. and Canada, or (201) 612-7415 from other international locations and use Conference Call ID#: 13752231. About Tecogen Tecogen Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company provides cost effective, environmentally friendly and reliable products for energy production that nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint. In business for over 35 years, Tecogen has shipped more than 3,200 units, supported by an established network of engineering, sales, and service personnel in key markets in North America. For more information, please visit or contact us for a free Site Assessment. Forward Looking Statements This press release contains 'forward-looking statements' which may describe strategies, goals, outlooks or other non-historical matters, or projected revenues, income, returns or other financial measures, that may include words such as 'believe,' 'expect,' 'anticipate,' 'intend,' 'plan,' 'estimate,' 'project,' 'target,' 'potential,' 'will,' 'should,' 'could,' 'likely,' or 'may' and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements except as required under the securities laws. In addition to those factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in our Current reports on Form 8-K, under 'Risk Factors,' and elsewhere therein, among the factors that could cause actual results to differ materially from past and projected future results are the following: fluctuations in demand for our products and services, competing technological developments, issues relating to research and development, the availability of incentives, rebates, and tax benefits relating to our products and services, changes in the regulatory environment relating to our products and services, integration of acquired business operations, the impact of tariffs, and the ability to obtain financing on favorable terms to fund existing operations and anticipated growth. In addition to GAAP financial measures, this press release includes certain non-GAAP financial measures, including adjusted EBITDA which excludes certain expenses as described in the presentation. We use Adjusted EBITDA as an internal measure of business operating performance and believe that the presentation of non-GAAP financial measures provides a meaningful perspective of the underlying operating performance of our current business and enables investors to better understand and evaluate our historical and prospective operating performance by eliminating items that vary from period to period without correlation to our core operating performance and highlights trends in our business that may not otherwise be apparent when relying solely on GAAP financial measures. June 30, 2025 December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 1,640,864 $ 5,405,233 Accounts receivable, net 6,640,483 6,026,545 Inventories, net 9,679,229 9,634,005 Unbilled revenue 126,738 398,898 Prepaid and other current assets 949,256 680,565 Total current assets 19,036,570 22,145,246 Long-term assets: Property, plant and equipment, net 1,820,059 1,738,036 Right-of-use assets – operating leases 1,728,780 1,730,358 Right-of-use assets – finance leases 933,671 452,390 Intangible assets, net 2,330,959 2,513,189 Goodwill 2,346,566 2,346,566 Other assets 155,232 166,474 TOTAL ASSETS $ 28,351,837 $ 31,092,259 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Related party notes, current portion $ – $ 1,548,872 Accounts payable 4,946,218 4,142,678 Accrued expenses 2,976,211 2,890,886 Deferred revenue, current portion 4,420,644 6,701,131 Operating lease obligations, current portion 481,891 430,382 Finance lease obligations, current portion 173,362 85,646 Acquisition liabilities, current portion 883,541 902,552 Unfavorable contract liability, current portion 83,962 113,449 Total current liabilities 13,965,829 16,815,596 Long-term liabilities: Related party notes, net of current portion 1,067,848 – Deferred revenue, net of current portion 1,252,831 1,165,951 Operating lease obligations, net of current portion 1,295,450 1,341,789 Finance lease obligations, net of current portion 675,198 325,235 Acquisition liabilities, net of current portion 878,151 1,008,760 Unfavorable contract liability, net of current portion 275,079 309,390 Total liabilities 19,410,386 20,966,721 Commitments and contingencies Stockholders' equity: Tecogen Inc. stockholders' equity: Common stock, $0.001 par value; 100,000,000 shares authorized; 25,571,490 issued and outstanding at June 30, 2025 and 24,950,261 shares issued and outstanding at December 31, 2024 25,571 24,950 Additional paid-in capital 58,837,181 57,845,289 Accumulated deficit (49,763,921 ) (47,639,894 ) Total Tecogen Inc. stockholders' equity 9,098,831 10,230,345 Non-controlling interest (157,380 ) (104,807 ) Total stockholders' equity 8,941,451 10,125,538 $ 28,351,837 $ 31,092,259 TECOGEN INC. 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The Company believes Adjusted EBITDA allows investors to view its performance in a manner similar to the methods used by management and provides additional insight into its operating results. Adjusted EBITDA is not calculated through the application of GAAP. Accordingly, it should not be considered as a substitute for the GAAP measure of net income and, therefore, should not be used in isolation of, but in conjunction with, the GAAP measure. The use of any non-GAAP measure may produce results that vary from the GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies. Six Months Ended June 30, 2025 June 30, 2024 Revenues Products $ 5,689,132 $ 1,611,071 Services 8,210,190 8,140,827 Energy production 673,268 1,161,985 Total revenues 14,572,590 10,913,883 Cost of sales Products 3,719,905 1,221,525 Services 4,728,635 4,284,072 Energy production 440,518 753,475 Total cost of sales 8,889,058 6,259,072 Gross profit 5,683,532 4,654,811 Operating expenses: General and administrative 6,019,310 5,746,559 Selling 1,109,216 934,946 Research and development 561,392 501,185 Gain on sale of assets (280 ) (4,028 ) Total operating expenses 7,689,638 7,178,662 Loss from operations (2,006,106 ) (2,523,851 ) Other income (expense) Other income (expense), net (20,623 ) 3,147 Interest expense (70,479 ) (36,539 ) Unrealized loss on investment securities (18,749 ) (18,749 ) Total other income (expense), net (109,851 ) (52,141 ) Loss before provision for state income taxes (2,115,957 ) (2,575,992 ) Provision for state income taxes 17,687 22,100 Consolidated net loss (2,133,644 ) (2,598,092 ) (Income) loss attributable to non-controlling interest 9,617 (45,671 ) Net loss attributable to Tecogen Inc. $ (2,124,027 ) $ (2,643,763 ) Net loss per share – basic $ (0.08 ) $ (0.11 ) Weighted average shares outstanding – basic 25,103,388 24,850,261 Net loss per share – diluted $ (0.08 ) $ (0.11 ) Weighted average shares outstanding – diluted 25,103,388 24,850,261 Six Months Ended June 30, 2025 June 30, 2024 Non-GAAP financial disclosure (1) Net loss attributable to Tecogen Inc. $ (2,124,027 ) $ (2,643,763 ) Interest expense, net 70,479 36,539 Income taxes 17,687 22,100 Depreciation & amortization, net 391,381 281,498 EBITDA (1,644,480 ) (2,303,626 ) Stock based compensation 83,439 89,998 Unrealized loss on marketable securities 18,749 18,749 Adjusted EBITDA $ (1,542,292 ) $ (2,194,879 ) (1) Non-GAAP Financial Measures In addition to reporting net income, a U.S. generally accepted accounting principle ('GAAP') measure, this news release contains information about Adjusted EBITDA (net income (loss) attributable to Tecogen Inc adjusted for interest, income taxes, depreciation and amortization, stock-based compensation expense, unrealized gain or loss on investment securities, goodwill impairment charges and other non-cash non-recurring charges including abandonment of certain intangible assets), which is a non-GAAP measure. The Company believes Adjusted EBITDA allows investors to view its performance in a manner similar to the methods used by management and provides additional insight into its operating results. Adjusted EBITDA is not calculated through the application of GAAP. Accordingly, it should not be considered as a substitute for the GAAP measure of net income and, therefore, should not be used in isolation of, but in conjunction with, the GAAP measure. The use of any non-GAAP measure may produce results that vary from the GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies. Six Months Ended June 30, 2025 June 30, 2024 CASH FLOWS FROM OPERATING ACTIVITIES: Consolidated net loss $ (2,133,644 ) $ (2,598,092 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 391,381 281,498 Provision for (recovery of) credit losses (75,000 ) 19,063 Stock-based compensation 83,439 89,998 Unrealized loss on investment securities 18,749 18,749 Gain on disposition of assets (280 ) (4,028 ) Non-cash interest expense 33,538 12,800 Changes in operating assets and liabilities (Increase) decrease in: Accounts receivable (538,938 ) 1,398,193 Inventory (45,224 ) 439,926 Unbilled revenue 272,160 – Prepaid assets and other current assets (268,691 ) (125,784 ) Other assets 186,766 576,926 Increase (decrease) in: Accounts payable 803,540 (108,646 ) Accrued expenses and other current liabilities 85,325 39,838 Deferred revenue (2,193,607 ) 806,266 Other liabilities (395,134 ) (756,410 ) Net cash provided by (used in) operating activities (3,775,620 ) 90,297 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (277,989 ) (556,636 ) Proceeds from disposition of assets 280 36,213 Distributions to non-controlling interest (42,956 ) (48,654 ) Net cash used in investing activities (320,665 ) (569,077 ) CASH FLOWS FROM FINANCING ACTIVITIES: Finance lease principal payments (63,010 ) (30,577 ) Proceeds from exercise of stock options 394,926 – Net cash provided (used in) by financing activities 331,916 (30,577 ) Net increase (decrease) in cash and cash equivalents (3,764,369 ) (509,357 ) Cash and cash equivalents, beginning of the period 5,405,233 1,351,270 Cash and cash equivalents, end of the period $ 1,640,864 $ 841,913 Supplemental disclosure of cash flow information: Cash paid for interest $ 36,526 $ 22,909 Cash paid for taxes $ 17,687 $ 22,100 Non-cash investing activities Right-of-use assets acquired under operating leases $ 193,480 $ 1,547,800 Right-of-use assets acquired under finance leases $ 557,893 $ 27,282 Aegis Contract and Related Asset Acquisition: Contingent consideration $ – $ 272,901 Non-cash financing activities Related party note conversion to common stock $ 514,148 $ – SOURCE: Tecogen, Inc. View the original press release on ACCESS Newswire

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