CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 205,693	$ 135,033
Restricted cash		198,008	216,552
Accounts receivable, net of allowance of $37,712 as of December 31, 2024 and $8,798 as of December 31, 2023		157,244	243,811
Inventory, net		682,642	961,253
Contract assets		94,052	126,248
Prepaid expenses, tax credits, and other current assets		139,845	104,068
Total current assets		1,477,484	1,786,965
Restricted cash		637,008	817,559
Property, plant, and equipment, net		866,329	1,436,177
Right of use assets related to finance leases, net		51,822	57,281
Right of use assets related to operating leases, net		218,081	399,969
Equipment related to power purchase agreements and fuel delivered to customers, net		144,072	111,261
Contract assets		23,963	29,741
Intangible assets, net		84,660	188,886
Investments in non-consolidated entities and non-marketable equity securities		85,494	63,783
Other assets		13,933	11,116
Total assets	[1]	3,602,846	4,902,738
Current liabilities:
Accounts payable		180,966	257,828
Accrued expenses		103,145	200,544
Deferred revenue and other contract liabilities		144,093	204,139
Operating lease liabilities		71,250	63,691
Finance lease liabilities		12,802	9,441
Finance obligations		83,129	84,031
Current portion of convertible senior notes, net		58,273
Current portion of long-term debt		946	2,716
Contingent consideration, loss accrual for service contracts, and other current liabilities		93,885	142,410
Total current liabilities		748,489	964,800
Deferred revenue and other contract liabilities		58,532	84,163
Operating lease liabilities		242,148	292,002
Finance lease liabilities		22,778	36,133
Finance obligations		264,318	284,363
Convertible senior notes, net ($173,150 measured at fair value as of December 31, 2024 and $0 measured at fair value as of December 31, 2023)		321,060	195,264
Long-term debt		1,932	1,209
Contingent consideration, loss accrual for service contracts, and other liabilities		135,833	146,679
Total liabilities	[1]	1,795,090	2,004,613
Stockholders' equity:
Common stock, $.01 par value per share; 1,500,000,000 shares authorized; Issued (including shares in treasury): 934,126,897 as of December 31, 2024 and 625,305,025 as of December 31, 2023		9,342	6,254
Additional paid-in capital		8,430,537	7,494,685
Accumulated other comprehensive loss		(2,502)	(6,802)
Accumulated deficit		(6,594,445)	(4,489,744)
Less common stock in treasury: 20,230,043 as of December 31, 2024 and 19,169,366 as of December 31, 2023		(108,795)	(106,268)
Total Plug Power Inc. stockholders' equity		1,734,137	2,898,125
Non-controlling interests	[1]	73,619
Total stockholders' equity		1,807,756	2,898,125
Total liabilities and stockholders' equity		$ 3,602,846	$ 4,902,738

[1] ^(A)Includes balances associated with a consolidated variable interest entity (“VIE”), including amounts reflected in “total assets” that can only be used to settle obligations of the VIE of $148,605 and $0 as of December 31, 2024 and 2023, respectively, as well as liabilities of the VIE reflected within “total liabilities” for which creditors do not have recourse to the general credit of Plug Power Inc. of $1,367 and $0 as of December 31, 2024 and 2023, respectively. Refer to Note 28, “Variable Interest Entities”, for additional information.