2014 Q1 Form 10-Q Financial Statement

#000088612814000006 Filed on March 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $44.43M $36.36M
YoY Change 22.21% 16.02%
Cost Of Revenue $42.24M $38.67M
YoY Change 9.22% 32.28%
Gross Profit $2.199M -$2.311M
YoY Change -195.15% -209.84%
Gross Profit Margin 4.95% -6.36%
Selling, General & Admin $4.854M $5.432M
YoY Change -10.64% 44.31%
% of Gross Profit 220.74%
Research & Development $4.915M $3.327M
YoY Change 47.73% -12.05%
% of Gross Profit 223.51%
Depreciation & Amortization $1.068M $1.012M
YoY Change 5.53% -30.16%
% of Gross Profit 48.57%
Operating Expenses $9.769M $8.759M
YoY Change 11.53% 16.06%
Operating Profit -$7.570M -$11.07M
YoY Change -31.62% 103.38%
Interest Expense $1.361M $566.0K
YoY Change 140.46% -10.16%
% of Operating Profit
Other Income/Expense, Net -$1.774M -$282.0K
YoY Change 529.08% -243.88%
Pretax Income -$10.71M -$11.87M
YoY Change -9.83% 104.16%
Income Tax $110.0K $7.000K
% Of Pretax Income
Net Earnings -$10.60M -$11.68M
YoY Change -9.22% 96.55%
Net Earnings / Revenue -23.86% -32.13%
Basic Earnings Per Share -$0.06 -$0.07
Diluted Earnings Per Share -$0.06 -$0.07
COMMON SHARES
Basic Shares Outstanding 200.6M shares 187.6M shares
Diluted Shares Outstanding 200.6M shares 187.6M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $78.50M $86.30M
YoY Change -9.04% 107.95%
Cash & Equivalents $78.47M $81.36M
Short-Term Investments
Other Short-Term Assets $6.871M $6.945M
YoY Change -1.07% 6.85%
Inventory $51.85M $47.05M
Prepaid Expenses
Receivables $33.83M $20.10M
Other Receivables $600.0K $0.00
Total Short-Term Assets $177.2M $160.4M
YoY Change 10.51% 35.67%
LONG-TERM ASSETS
Property, Plant & Equipment $23.95M $21.55M
YoY Change 11.11% -7.89%
Goodwill $4.075M $4.245M
YoY Change -4.0%
Intangibles $9.592M $9.592M
YoY Change 0.0%
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $5.944M $13.88M
YoY Change -57.18% -23.73%
Total Long-Term Assets $63.51M $49.27M
YoY Change 28.9% -4.7%
TOTAL ASSETS
Total Short-Term Assets $177.2M $160.4M
Total Long-Term Assets $63.51M $49.27M
Total Assets $240.7M $209.6M
YoY Change 14.83% 23.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.40M $7.413M
YoY Change 148.17% -59.27%
Accrued Expenses $10.60M $20.84M
YoY Change -49.15% -9.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.914M $6.300M
YoY Change 9.75% 1.61%
Total Short-Term Liabilities $84.50M $101.1M
YoY Change -16.45% -4.13%
LONG-TERM LIABILITIES
Long-Term Debt $30.52M $20.60M
YoY Change 48.16% 24.1%
Other Long-Term Liabilities $37.17M $22.30M
YoY Change 66.7% 227.94%
Total Long-Term Liabilities $67.69M $42.90M
YoY Change 57.79% 83.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $84.50M $101.1M
Total Long-Term Liabilities $67.69M $42.90M
Total Liabilities $154.5M $144.1M
YoY Change 7.24% 12.67%
SHAREHOLDERS EQUITY
Retained Earnings -$781.8M -$748.5M
YoY Change 4.45%
Common Stock $809.0M $754.6M
YoY Change 7.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $53.00K $53.00K
YoY Change 0.0%
Treasury Stock Shares 5.679K shares 5.679K shares
Shareholders Equity $27.33M $5.675M
YoY Change
Total Liabilities & Shareholders Equity $240.7M $209.6M
YoY Change 14.83% 23.39%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$10.60M -$11.68M
YoY Change -9.22% 96.55%
Depreciation, Depletion And Amortization $1.068M $1.012M
YoY Change 5.53% -30.16%
Cash From Operating Activities -$5.074M $30.90M
YoY Change -116.42% -273.56%
INVESTING ACTIVITIES
Capital Expenditures -$790.0K -$1.400M
YoY Change -43.57% 50.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 $360.0K
YoY Change -100.0% -95.2%
Cash From Investing Activities -$790.0K -$1.040M
YoY Change -24.04% -115.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $33.76M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $95.00K $63.00K
YoY Change 50.79% 14.55%
Cash From Financing Activities $16.66M -$6.176M
YoY Change -369.69% 95.75%
NET CHANGE
Cash From Operating Activities -$5.074M $30.90M
Cash From Investing Activities -$790.0K -$1.040M
Cash From Financing Activities $16.66M -$6.176M
Net Change In Cash $10.79M $23.68M
YoY Change -54.43% -264.65%
FREE CASH FLOW
Cash From Operating Activities -$5.074M $30.90M
Capital Expenditures -$790.0K -$1.400M
Free Cash Flow -$4.284M $32.30M
YoY Change -113.26% -291.42%

Facts In Submission

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FUELCELL ENERGY INC

Files In Submission

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0000886128-14-000006-index.html Edgar Link pending
0000886128-14-000006.txt Edgar Link pending
0000886128-14-000006-xbrl.zip Edgar Link pending
fcel-20140131.xml Edgar Link completed
fcel-20140131.xsd Edgar Link pending
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fcel-20140131_def.xml Edgar Link unprocessable
fcel-20140131_lab.xml Edgar Link unprocessable
fcel-20140131_pre.xml Edgar Link unprocessable
fcel-2014131x10q.htm Edgar Link pending
fcel-2014131xex311.htm Edgar Link pending
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fcel-2014131xex321.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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