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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenue:        
Net revenue $ 188,628 $ 143,922 $ 480,698 $ 340,437
Cost of revenue:        
Provision for loss contracts related to service 5,727 7,462 8,843 15,641
Total cost of revenue 234,691 175,000 594,576 423,984
Gross loss (46,063) (31,078) (113,878) (83,547)
Operating expenses:        
Research and development 28,105 16,634 72,123 37,623
Selling, general and administrative 85,578 42,421 262,420 106,652
Change in fair value of contingent consideration   8,530 (2,605) 8,760
Total operating expenses 113,683 67,585 331,938 153,035
Operating loss (159,746) (98,663) (445,816) (236,582)
Interest income 13,429 4,151 19,321 5,664
Interest expense (9,020) (9,512) (28,871) (33,559)
Other expense, net (5,399) (50) (9,164) (318)
Realized loss on investments, net   (254) (1,315) (236)
Change in fair value of equity securities (4,221) (607) (22,864) (284)
Loss on equity method investments (4,280) (1,736) (10,304) (1,736)
Loss before income taxes (169,237) (106,671) (499,013) (267,051)
Income tax expense 1,521 0 1,530 0
Net loss $ (170,758) $ (106,671) $ (500,543) $ (267,051)
Net loss per share:        
Net loss per share, basic $ (0.30) $ (0.19) $ (0.87) $ (0.48)
Net loss per share, diluted $ (0.30) $ (0.19) $ (0.87) $ (0.48)
Weighted average number of common stock outstanding, basic 578,043,278 574,520,806 578,217,636 551,894,779
Weighted average number of common stock outstanding, diluted 578,043,278 574,520,806 578,217,636 551,894,779
Sales of fuel cell systems, related infrastructure and equipment        
Net revenue:        
Net revenue $ 157,985 $ 115,999 $ 383,065 $ 262,049
Cost of revenue:        
Cost of revenue 127,381 89,235 310,362 198,122
Services performed on fuel cell systems and related infrastructure        
Net revenue:        
Net revenue 8,406 6,677 25,468 18,397
Cost of revenue:        
Cost of revenue 12,619 18,697 38,106 47,258
Power purchase agreements        
Net revenue:        
Net revenue 9,524 9,321 30,730 25,508
Cost of revenue:        
Cost of revenue 35,549 31,199 102,194 71,776
Fuel delivered to customers and related equipment        
Net revenue:        
Net revenue 12,389 11,556 40,289 33,804
Cost of revenue:        
Cost of revenue 53,129 27,857 134,008 90,331
Other        
Net revenue:        
Net revenue 324 369 1,146 679
Cost of revenue:        
Cost of revenue $ 286 $ 550 $ 1,063 $ 856