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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Oct. 31, 2011
Revenues (1):      
Product sales $ 145,071 $ 94,950 $ 103,007
Service agreements and license revenues 28,141 18,183 12,097
Advanced technologies contract revenues 14,446 7,470 7,466
Total revenues 187,658 [1] 120,603 [1] 122,570 [1]
Costs of revenues:      
Cost of product sales 136,989 93,876 96,525
Cost of Services 29,683 19,045 30,825
Cost of advanced technologies contract revenues 13,864 7,237 7,830
Total costs of revenues 180,536 120,158 135,180
Gross profit (loss) 7,122 445 (12,610)
Operating expenses:      
Administrative and selling expenses 21,218 18,220 16,299
Research and development expenses 15,717 14,354 16,768
Total operating expenses 36,935 32,574 33,067
Loss from operations (29,813) (32,129) (45,677)
Interest expense (3,973) (2,304) (2,578)
Income (loss) from equity investment 46 (645) 58
Impairment of equity Investment 0 (3,602) 0
License fee and royalty income 0 1,599 1,718
Other income (expense), net (1,208) 1,244 1,047
Loss before redeemable preferred stock of subsidiary (34,948) (35,837) (45,432)
Accretion of redeemable preferred stock of subsidiary 0 0 (525)
Loss before provision for income taxes (34,948) (35,837) (45,957)
Provision for income taxes (371) (69) (17)
Net loss (35,319) (35,906) (45,974)
Net loss attributable to noncontrolling interest 961 411 261
Net loss attributable to FuelCell Energy, Inc. (34,358) (35,495) (45,713)
Adjustment for Modification of Redeemable Preferred Stock of Subsidiary 0 0 (8,987)
Preferred stock dividends (3,200) (3,201) (3,200)
Net loss to common shareholders $ (37,558) $ (38,696) $ (57,900)
Net loss to common shareholders per share      
Basic $ (0.20) $ (0.23) $ (0.47)
Diluted $ (0.20) [2] $ (0.23) [2] $ (0.47) [2]
Weighted average shares outstanding      
Basic 186,525,001 165,471,261 124,498,073
Diluted 186,525,001 165,471,261 124,498,073
[1] Includes revenue from a related party. Refer to Concentrations in note 1 to the financial statements.
[2] Due to the net loss to common shareholders in each of the years presented above, diluted earnings per share was computed without consideration to potentially dilutive instruments as their inclusion would have been antidilutive. Potentially dilutive instruments include stock options, warrants, convertible preferred stock and convertible notes. At October 31, 2013, 2012 and 2011, there were options to purchase 3.2 million, 3.1 million and 3.3 million shares of common stock, respectively. On September 4, 2013, the Company entered into a co-marketing agreement with NRG for the marketing and sales of the Company's power plants which include the issuance of warrants to purchase up to 5.0 million shares of the Company's common stock. On January 13, 2011 we issued 10.2 million warrants in connection with a registered direct offering. Each warrant was exercisable for 1 share of common stock. The warrants had an exercise price of $2.29 per share and were exercisable beginning six months and one day after the initial closing date and expired in the fourth quarter of 2012.