Financial Performance - Net revenue for the three months ended June 30, 2024, decreased by $56.1 million or 81.5% compared to the same period in 2023, primarily due to a slowdown in the solar industry in both the U.S. and European markets [111]. - Gross profit for the three months ended June 30, 2024, was $3.9 million, a decrease of $22.0 million or 85.1% from $25.9 million in the same period in 2023 [114]. - The gross margin for the three months ended June 30, 2024, was 30.4%, down from 37.6% in the same period in 2023 [114]. - The EMEA region experienced a net revenue decrease of $48.1 million or 87.3% for the three months ended June 30, 2024, compared to the same period in 2023 [113]. - The Americas region saw a net revenue decline of $8.3 million or 74.6% for the three months ended June 30, 2024, attributed to higher interest rates and changes in net metering policies [113]. - The APAC region reported a net revenue increase of $0.3 million or 11.9% for the three months ended June 30, 2024, although it decreased by $1.2 million or 22.3% for the six months ended June 30, 2024 [113]. - For the three months ended June 30, 2024, net revenues decreased by 81.5% compared to the same period in 2023, leading to a gross profit decrease of $22.0 million or 85.1% [115]. Expenses and Cost Management - Research and development expenses increased by $0.5 million or 11.6% for the six months ended June 30, 2024, with R&D expenses as a percentage of net revenue rising to 23.0% from 3.9% in the same period of 2023 [118]. - Sales and marketing expenses decreased by $1.1 million or 21.5% for the three months ended June 30, 2024, with the percentage of net revenue increasing by 24.4% due to lower net revenues [120]. - General and administrative expenses decreased by $4.1 million or 42.9% for the three months ended June 30, 2024, primarily due to reduced legal expenses related to a prior business combination [123]. - Interest expense increased by $1.3 million or 80.3% for the three months ended June 30, 2024, primarily due to the amortization of a debt discount recorded during a business combination [128]. - The change in fair value of preferred stock warrant and contingent shares liability decreased by $2.6 million or 98.4% for the three months ended June 30, 2024, compared to the same period in 2023 [126]. - Total other expenses, net decreased by $38.9 million or 93.1% for the three months ended June 30, 2024, compared to the same period in 2023 [125]. - Research and development expenses for the three months ended June 30, 2024, remained consistent at $2.7 million, but as a percentage of net revenue, it increased significantly to 21.3% from 3.5% in the same period of 2023 [117]. - Sales and marketing expenses for the six months ended June 30, 2024, decreased by $1.3 million or 12.9%, with the percentage of net revenue increasing by 30.1% due to lower revenues [121]. Cash Flow and Financing - As of June 30, 2024, the company held $20.4 million in cash, cash equivalents, restricted cash, and marketable securities, with working capital decreasing by $10.7 million to $67.6 million compared to December 31, 2023 [133]. - Cash used in operating activities increased by $7.9 million in the six months ended June 30, 2024, primarily due to an increased net loss compared to the same period in 2023 [136]. - Net cash provided by investing activities was $23.4 million for the six months ended June 30, 2024, primarily from the sale and maturities of marketable securities [138]. - Net cash provided by financing activities increased by $30.8 million in the six months ended June 30, 2024, with proceeds of $0.3 million from the exercise of stock options [139]. - The company may need to seek additional equity or debt financing to sustain operations and invest in new technologies, influenced by revenue growth and product development success [134]. - The net cash used in operating activities for the six months ended June 30, 2024, was $(12,872) thousand, compared to $(4,934) thousand for the same period in 2023 [140]. - The net increase in cash, cash equivalents, and restricted cash was $10.7 million for the six months ended June 30, 2024, compared to a decrease of $(25.99) million in the same period in 2023 [140]. - The company has not had any off-balance sheet arrangements during the periods presented [141]. Strategic Initiatives - The company reduced staffing levels by approximately 15% in December 2023 and 10% in April 2024, expecting to save about $7.3 million in cash expenditures in 2024 [103]. - The company plans to expand its presence in the U.S. residential market and invest in new market opportunities internationally to drive future revenue growth [106]. - Significant investments have been made in research and development for new products, including GO Energy Storage Systems and Predict+ product lines [107]. - The company faces challenges from elevated inventory levels and macroeconomic conditions, which may continue to adversely affect revenues in 2024 [102]. - Inventory levels were reduced by $10.1 million in the first half of 2024, with expectations for lower inventory levels and positive working capital cash conversion throughout the remainder of 2024 [133].

Tigo Energy, Inc. (NASDAQ:TYGO) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Zvi Alon - Chairman and Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Gus Richard - Northland Capital Markets Sameer Joshi - HC Wainwright Operator Good afternoon. Welcome to Tigo Energy's Fiscal First Quarter 2024 Earnings Conference Call. At this time, all participants are i ...

Exhibit 99.1 Tigo Energy Reports First Quarter 2024 Financial Results CAMPBELL, Calif. – May 14, 2024 – Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the first quarter ended March 31, 2024 and financial guidance for the second quarter ending June 30, 2024. Recent Financial and Operational Highlights Management Commentary "This quarter, we started seeing meaningful progress in t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40710 Tigo Energy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 83-3583873 (State or other ju ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40710 Tigo Energy, Inc. (Exact name of Registrant as specified in its Charter) Delaware 83-3583873 (State or other jurisdiction of in ...

Tigo Energy, Inc. (NASDAQ:TYGO) Q4 2023 Results Earnings Conference Call February 14, 2024 4:30 PM ET Company Participants Zvi Alon - Chairman and Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Gus Richard - Northland Capital Markets Operator Good afternoon and welcome to Tigo Energy's Fiscal Fourth Quarter and Full-Year 2023 Earnings Conference Call. At this time, all participants are ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40710 Tigo Energy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 83-3583873 (State or othe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ROTH CH ACQUISITION IV CO. 888 San Clemente Drive, Suite 400 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40710 Tigo Energy, Inc. (Exact Name of Registrant as Spec ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40710 ROTH CH ACQUISITION IV CO. (Exact name of registrant as specified in its charter) (Address of principal executive off ...

IPO and Trust Account - The Company completed its Initial Public Offering (IPO) on August 10, 2021, raising gross proceeds of $115.0 million from the sale of 11,500,000 units at an offering price of $10.00 per unit[11]. - A total of $116,725,000 was placed in a Trust Account, invested only in U.S. government securities, with a maturity of 185 days or less[13]. - The company intends to use cash from the IPO proceeds and private placements, along with potential new debt, for the initial business combination[38]. - Funds in the trust account have been held only in U.S. government treasury obligations or money market funds, with plans to liquidate these securities by August 5, 2023[88]. - The trust account may be subject to claims from creditors, which could reduce the per share redemption amount below $10.15[76]. - If the initial business combination is not completed within the required time period, public stockholders may receive approximately $10.15 per share upon liquidation[86]. - The company intends to hold funds in cash after liquidating securities in the trust account, which may reduce the amount available for public stockholders upon redemption or liquidation[90]. Business Combination and Strategy - The Company has until July 10, 2023, to complete its initial business combination; otherwise, it will redeem 100% of the outstanding public shares, amounting to approximately $93.4 million[14][24]. - The initial business combination must involve a target business with a fair market value of at least 80% of the trust account value, excluding taxes payable[47]. - The company may seek additional funds through private offerings of debt or equity securities in connection with the business combination[41]. - The target business candidates will be sourced from various unaffiliated sources, including investment bankers and private equity groups[42]. - The company is not prohibited from pursuing a business combination with an affiliated company, provided an independent valuation opinion is obtained[43]. - The company will conduct thorough due diligence on prospective target businesses, including financial reviews and management assessments[45]. - The management team aims to leverage its network to identify underperforming companies that could benefit from capital and strategic insight[28]. - The Company has identified business services, consumer, healthcare, technology, wellness, and sustainability sectors as target industries for potential acquisitions[10]. - The company has a disciplined strategy to generate attractive returns and create value for stockholders through effective management and operational improvements[26]. Merger Agreement - The Company entered into a Merger Agreement with Tigo Energy on December 5, 2022, which will result in Tigo Energy becoming a wholly owned subsidiary upon completion[16]. - The Merger Agreement includes a provision for the Sponsors to sell 1,645,000 shares of Common Stock and 424,000 Private Units to Tigo Energy for $2,300,000[19]. - The base purchase price for the merger with Tigo Energy is set at $600 million, payable through converting each outstanding share of Tigo Energy's common stock into the right to receive 60 million shares of the company's common stock[110]. - The base purchase price is subject to adjustment based on Tigo Energy's pre-money valuation, with increases if the valuation exceeds $500 million and decreases if it falls below that threshold[111]. Financial Performance - For the year ended December 31, 2022, the company reported a net loss of $178,218, a decrease from a net loss of $402,542 in 2021, reflecting a reduction of approximately 56%[114][119]. - Cash used in operating activities for the year ended December 31, 2022, was $865,669, compared to $463,981 in 2021, indicating an increase of approximately 86%[118][119]. - As of December 31, 2022, the company had cash held in the Trust Account amounting to $24,678,170, including approximately $538,943 of interest income[120]. - The company has not generated any revenues to date and does not expect to do so until after the completion of the business combination[113]. Governance and Management - The company has a history of raising over $75 billion for small-cap companies under the leadership of its Co-Chief Executive Officer[158]. - The Co-Chief Executive Officer has over 17 years of investment banking experience and has completed over 200 equity, convertible, and debt offerings[159]. - The Co-President has managed over 300 equity offerings and M&A transactions since joining the company[163]. - The board of directors consists of six directors, with independent directors including Molly Montgomery, Daniel M. Friedberg, Adam Rothstein, and Sam Chawla[176]. - The audit committee and compensation committee of the board are required to be comprised solely of independent directors as per Nasdaq rules[177]. - The company has established a code of conduct and ethics applicable to all executive officers, directors, and employees[189]. - The compensation committee is responsible for reviewing and approving the compensation of executive officers and has the authority to implement incentive compensation plans[195]. - The audit committee is tasked with monitoring the independence of the independent auditor and reviewing all related-party transactions[180][185]. Risks and Compliance - There is a risk that the initial business combination may be subject to U.S. foreign investment regulations, potentially limiting the pool of target businesses[80]. - The company has not independently verified the financial capability of initial stockholders to satisfy indemnity obligations related to claims against the trust account[72]. - If the company fails to comply with Delaware General Corporation Law procedures, stockholders could be liable for claims against the trust account[71]. - The company may face intense competition from other entities with similar business objectives, which could hinder its ability to negotiate a successful business combination[78]. - As of December 31, 2022, the company concluded that its disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting[146]. - Management intends to implement remediation steps to improve disclosure controls and procedures, including enhancing the review process for complex securities[147]. - The company has identified the need for additional staff with requisite experience to improve accounting processes[149]. - Management assessed the effectiveness of internal control over financial reporting and determined it was not effective as of December 31, 2022[151].