Consolidated Statements of Operations - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
| Revenue: |
|
|
|
|
| Sales of fuel cell systems and related infrastructure |
$ 9,121
|
$ 18,663
|
$ 14,339
|
$ 23,753
|
| Services performed on fuel cell systems and related infrastructure |
5,360
|
2,883
|
10,633
|
5,528
|
| Power Purchase Agreements |
3,062
|
1,077
|
5,768
|
2,054
|
| Fuel delivered to customers |
2,638
|
1,128
|
4,648
|
1,787
|
| Other |
278
|
258
|
403
|
303
|
| Total revenue |
20,459
|
24,009
|
35,791
|
33,425
|
| Cost of revenue: |
|
|
|
|
| Sales of fuel cell systems and related infrastructure |
8,043
|
14,753
|
11,941
|
19,832
|
| Services performed on fuel cell systems and related infrastructure |
5,926
|
5,368
|
11,709
|
10,138
|
| Change in estimate |
(1,071)
|
|
(1,071)
|
|
| Power Purchase Agreements |
3,616
|
933
|
6,497
|
1,684
|
| Fuel delivered to customers |
3,208
|
1,083
|
5,619
|
1,959
|
| Other |
353
|
310
|
542
|
361
|
| Total cost of revenue |
20,075
|
22,447
|
35,237
|
33,974
|
| Gross profit (loss) |
384
|
1,562
|
554
|
(549)
|
| Operating expenses: |
|
|
|
|
| Research and development |
5,201
|
3,425
|
10,031
|
6,326
|
| Selling, general and administrative |
8,559
|
8,002
|
16,849
|
15,751
|
| Total operating expenses |
13,760
|
11,427
|
26,880
|
22,077
|
| Operating loss |
(13,376)
|
(9,865)
|
(26,326)
|
(22,626)
|
| Interest and other expense, net |
(1,208)
|
(28)
|
(1,682)
|
(87)
|
| Change in fair value of common stock warrant liability |
1,456
|
667
|
2,734
|
2,436
|
| Loss before income taxes |
(13,128)
|
(9,226)
|
(25,274)
|
(20,277)
|
| Income tax benefit |
|
|
392
|
|
| Net loss attributable to the Company |
(13,128)
|
(9,226)
|
(24,882)
|
(20,277)
|
| Preferred stock dividends declared |
(26)
|
(27)
|
(52)
|
(53)
|
| Net loss attributable to common shareholders |
$ (13,154)
|
$ (9,253)
|
$ (24,934)
|
$ (20,330)
|
| Net loss per share: |
|
|
|
|
| Basic and diluted (in dollars per share) |
$ (0.07)
|
$ (0.05)
|
$ (0.14)
|
$ (0.12)
|
| Weighted average number of common shares outstanding |
180,282,904
|
173,439,391
|
180,204,334
|
173,402,611
|