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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Allowance for doubtful accounts receivable $ 37,712 $ 8,798
Fair value of convertible senior notes $ 173,150 $ 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 1,500,000,000 1,500,000,000
Common stock, shares issued 934,126,897 625,305,025
Common stock in treasury, shares 20,230,043 19,169,366
Total assets [1] $ 3,602,846 $ 4,902,738
Total current liabilities 748,489 964,800
Variable interest entities    
Total assets 148,605 0
Total current liabilities $ 1,367 $ 0
[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.