TurnOnGreen, Inc. is an emerging provider of premium power electronic and electric vehicle charging solutions. The company designs, develops, manufactures, and sells highly engineered, feature rich, high grade power conversion systems for mission critical, life sustaining, and life saving applications in sectors such as defense and aerospace, medical and healthcare, industrial applications, telecommunications, and OEM markets. Its products are distinguished by customized firmware that is meticulously configured to meet specific customer requirements, and they are built to operate reliably in demanding and harsh environments. In addition, TurnOnGreen offers comprehensive EV charging infrastructure and subscription based charging network management services for residential, fleet, hospitality, workplace, healthcare, municipal, and educational settings, including universities and schools.

TurnOnGreen generates revenue from several streams. The primary source is the sale of power supply units and EV chargers, with revenue recognized at the point when products are shipped and control transfers to the customer. The company also earns installation service revenue, which is recognized over time using a cost to cost measure of progress as the installation work is performed. Furthermore, it provides subscription based network management for its EV charging infrastructure, generating recurring revenue over the contract term. A smaller portion of revenue comes from related party sales to subsidiaries of Hyperscale, Inc.

The company operates through the following segments: Digital Power Corporation and TOG Technologies Inc.

• Digital Power Corporation: This segment focuses on the design, manufacture, and sale of high grade power conversion systems for defense, aerospace, medical, industrial, and telecommunications applications. Its products are engineered for mission critical, life sustaining, and life saving use, feature customized firmware, and are built to withstand harsh environments, often carrying warranties of up to five years for rugged power offerings.

• TOG Technologies Inc.: This segment develops, deploys, and manages electric vehicle charging infrastructure. It provides hardware, installation, and subscription based network management services for residential, commercial, fleet, hospitality, workplace, healthcare, municipal, and educational customers, including universities and schools, with extended warranties of up to three years on EVSE and long term technical support up to fifteen years on many products.

Within the competitive landscape of power electronics and EV charging, TurnOnGreen positions itself as a provider of premium, highly customized solutions for demanding and mission critical applications. Its competitive advantages stem from its ability to tailor firmware and hardware to specific customer needs, offer long warranty periods and extended technical support, and deliver products that meet rigorous reliability standards for harsh environments. While it faces competition from larger, more established power electronics firms and EV charging networks, its focus on niche, high value markets helps differentiate its offerings.

TurnOnGreen serves a diverse customer base that includes defense and aerospace contractors, medical device manufacturers, industrial equipment suppliers, telecom providers, and OEMs seeking customized power solutions. For its EV charging business, the company sells to residential homeowners, commercial fleet operators, hospitality venues, workplace campuses, healthcare facilities, municipal entities, and educational institutions such as universities and schools. Although specific customer names are not disclosed in the filing, revenue concentration data shows that a limited number of accounts each represent double digit percentages of total sales, indicating reliance on key relationships.