2023 Q4 Form 10-Q Financial Statement

#000162828023038916 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q4
Revenue $2.796M $1.545M $16.00K
YoY Change 17375.0% 704.69%
Cost Of Revenue $10.31M $10.18M
YoY Change
Gross Profit -$7.516M -$8.638M
YoY Change -4598.96%
Gross Profit Margin -268.81% -559.09%
Selling, General & Admin $7.707M $7.887M $8.623M
YoY Change -10.62% 1.17% -57.73%
% of Gross Profit
Research & Development $3.842M $1.609M $22.79M
YoY Change -83.14% -92.01% 112.41%
% of Gross Profit
Depreciation & Amortization $3.326M $1.100M $695.0K
YoY Change 378.56% 207.26% 313.69%
% of Gross Profit
Operating Expenses $11.55M $9.496M $31.41M
YoY Change -63.23% -65.99% 0.91%
Operating Profit -$19.07M -$18.13M
YoY Change -34.61%
Interest Expense $2.900M $1.500M $1.188M
YoY Change 144.11% 92.06% -95.31%
% of Operating Profit
Other Income/Expense, Net $35.00K $1.516M $5.133M
YoY Change -99.32% -139.21% -102.94%
Pretax Income -$16.13M -$16.62M -$25.08M
YoY Change -35.67% -47.4% -86.1%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$16.13M -$16.62M -$25.08M
YoY Change -35.67% -47.41% -86.1%
Net Earnings / Revenue -576.9% -1075.6% -156718.75%
Basic Earnings Per Share -$0.11
Diluted Earnings Per Share -$0.09 -$0.11 -$0.16
COMMON SHARES
Basic Shares Outstanding 173.0M shares 155.6M shares 153.3M shares
Diluted Shares Outstanding 157.1M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.1M $124.5M $139.8M
YoY Change -22.71% -25.33% -41.49%
Cash & Equivalents $20.17M $37.17M $34.77M
Short-Term Investments $87.90M $87.30M $105.0M
Other Short-Term Assets $3.601M $3.100M $6.870M
YoY Change -47.58% -29.94% 4.44%
Inventory $3.366M $2.256M $0.00
Prepaid Expenses
Receivables $2.243M $1.265M $4.952M
Other Receivables $824.0K $0.00 $0.00
Total Short-Term Assets $118.1M $131.4M $151.6M
YoY Change -22.12% -23.25% -38.24%
LONG-TERM ASSETS
Property, Plant & Equipment $18.43M $17.99M $17.57M
YoY Change 4.91% 12.78% 290.36%
Goodwill
YoY Change
Intangibles $4.923M $4.990M $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.778M $824.0K $271.0K
YoY Change 556.09% 170.16% 158.1%
Total Long-Term Assets $25.13M $27.23M $21.92M
YoY Change 14.68% 32.05% 368.21%
TOTAL ASSETS
Total Short-Term Assets $118.1M $131.4M $151.6M
Total Long-Term Assets $25.13M $27.23M $21.92M
Total Assets $143.2M $158.7M $173.6M
YoY Change -17.47% -17.31% -30.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.755M $3.192M $3.036M
YoY Change -9.26% 192.58% 93.13%
Accrued Expenses $13.79M $13.40M $15.78M
YoY Change -12.63% -6.3% 143.22%
Deferred Revenue $2.500M $1.400M $6.168M
YoY Change -59.47% -60.52% 68.39%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $1.600M
YoY Change -100.0% -100.0% -15.79%
Total Short-Term Liabilities $19.77M $18.64M $27.99M
YoY Change -29.39% -15.76% 105.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $315.0K
YoY Change -100.0% -83.15%
Other Long-Term Liabilities $20.11M $0.00 $85.00K
YoY Change 23557.65% -100.0% -84.6%
Total Long-Term Liabilities $20.11M $0.00 $400.0K
YoY Change 4927.25% -100.0% -83.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.77M $18.64M $27.99M
Total Long-Term Liabilities $20.11M $0.00 $400.0K
Total Liabilities $39.88M $42.20M $36.58M
YoY Change 9.01% 25.59% -18.79%
SHAREHOLDERS EQUITY
Retained Earnings -$696.2M -$680.0M -$618.6M
YoY Change 12.54% 14.58% 14.42%
Common Stock $18.00K $18.00K $16.00K
YoY Change 12.5% 12.5% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $103.4M $116.5M $137.0M
YoY Change
Total Liabilities & Shareholders Equity $143.2M $158.7M $173.6M
YoY Change -17.47% -17.31% -30.63%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q4
OPERATING ACTIVITIES
Net Income -$16.13M -$16.62M -$25.08M
YoY Change -35.67% -47.41% -86.1%
Depreciation, Depletion And Amortization $3.326M $1.100M $695.0K
YoY Change 378.56% 207.26% 313.69%
Cash From Operating Activities -$16.15M -$1.220M -$25.00M
YoY Change -35.42% -94.48% 6.36%
INVESTING ACTIVITIES
Capital Expenditures $1.581M $770.0K $2.994M
YoY Change -47.19% -128.28% -220.77%
Acquisitions
YoY Change
Other Investing Activities $653.0K -$17.15M $19.76M
YoY Change -96.7% -60.91%
Cash From Investing Activities -$928.0K -$17.92M $16.77M
YoY Change -105.53% -61.54% -776.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 65.00K 26.03M 148.0K
YoY Change -56.08% -4974.53% -99.94%
NET CHANGE
Cash From Operating Activities -16.15M -1.220M -25.00M
Cash From Investing Activities -928.0K -17.92M 16.77M
Cash From Financing Activities 65.00K 26.03M 148.0K
Net Change In Cash -17.01M 6.890M -8.083M
YoY Change 110.42% -109.95% -103.5%
FREE CASH FLOW
Cash From Operating Activities -$16.15M -$1.220M -$25.00M
Capital Expenditures $1.581M $770.0K $2.994M
Free Cash Flow -$17.73M -$1.990M -$27.99M
YoY Change -36.68% -89.72% 33.13%

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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
102000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
332000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
165000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2808000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-214000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-15000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25588000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4221000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2836000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-195494000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36655000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240232000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39491000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44738000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1246000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1213000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
747000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1718000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4534000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
123000 usd
ghw Common Stock Warrants Issued For The Acquisition Of Intangible Assets
CommonStockWarrantsIssuedForTheAcquisitionOfIntangibleAssets
4990000 usd
ghw Common Stock Warrants Issued For The Acquisition Of Intangible Assets
CommonStockWarrantsIssuedForTheAcquisitionOfIntangibleAssets
0 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37173000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42896000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1373000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1167000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
945000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
675000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39491000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44738000 usd
ghw Battery Flexible Energy Capacity Minimum
BatteryFlexibleEnergyCapacityMinimum
4 h
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Certain immaterial prior year amounts have been reclassified to conform with current year presentation. These reclassifications had no effect on the reported results of operations.</span>
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
4805000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
0 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
8327000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
0 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
0 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
0 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
13132000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
0 usd
CY2023Q3 us-gaap Inventory Adjustments
InventoryAdjustments
10876000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
2256000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
0 usd
CY2023Q3 us-gaap Inventory Write Down
InventoryWriteDown
11400000 usd
CY2022Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24009000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20411000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6023000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2841000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17986000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17570000 usd
us-gaap Depreciation
Depreciation
3200000 usd
us-gaap Depreciation
Depreciation
815000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4160000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2948000 usd
CY2023Q3 ghw Materials And Related Purchases Current
MaterialsAndRelatedPurchasesCurrent
2624000 usd
CY2022Q4 ghw Materials And Related Purchases Current
MaterialsAndRelatedPurchasesCurrent
6892000 usd
CY2023Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1206000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1011000 usd
CY2023Q3 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
922000 usd
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
770000 usd
CY2023Q3 ghw Accrued Capital Expenditures
AccruedCapitalExpenditures
330000 usd
CY2022Q4 ghw Accrued Capital Expenditures
AccruedCapitalExpenditures
1093000 usd
CY2023Q3 ghw Other Accrued Liability And Other Liabilities Current
OtherAccruedLiabilityAndOtherLiabilitiesCurrent
604000 usd
CY2022Q4 ghw Other Accrued Liability And Other Liabilities Current
OtherAccruedLiabilityAndOtherLiabilitiesCurrent
1411000 usd
CY2023Q3 ghw Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
9846000 usd
CY2022Q4 ghw Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
14125000 usd
CY2023Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
5103000 usd
CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1158000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1643000 usd
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
0 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
231000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
348000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5409000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2153000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
103000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
358000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1172000 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1005000 usd
CY2023Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-2595000 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
0 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-3244000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
0 usd
CY2023Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2636000 usd
CY2022Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1148000 usd
CY2023Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
2636000 usd
CY2022Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
1148000 usd
CY2023Q3 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
75000 usd
CY2023Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
29151075 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11473727 shares
ghw Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
17677348 shares
ghw Class Of Warrant Or Right Exercises In Period
ClassOfWarrantOrRightExercisesInPeriod
0 shares
CY2023Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
29151075 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11461247 shares
ghw Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
12500 shares
ghw Class Of Warrant Or Right Exercises In Period
ClassOfWarrantOrRightExercisesInPeriod
20 shares
CY2022Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
11473727 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12500 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12500 shares
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8703000 usd
CY2023Q3 ghw Share Based Compensation Arrangement By Share Based Payment Awards Potential Increase In Shares Authorized Percentage Of Shares Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardsPotentialIncreaseInSharesAuthorizedPercentageOfSharesOutstanding
0.05
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3223109 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.01
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M20D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4583000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
378110 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.61
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
700631 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.34
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
298766 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.46
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2601822 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.34
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M29D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2894000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1947123 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.76
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P7Y21D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
3244000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1665973 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
1.07
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y11M4D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2202000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
28200000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y11M12D
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1545000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
192000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4744000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
878000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
304000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
21329000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8610000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
293000 usd
ghw Contract With Customer Liability Period Increase Decrease
ContractWithCustomerLiabilityPeriodIncreaseDecrease
12700000 usd
ghw Contract With Customer Liability Advance Payment
ContractWithCustomerLiabilityAdvancePayment
17800000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4600000 usd
ghw Contract With Customer Liability Deposits Returned To Customers
ContractWithCustomerLiabilityDepositsReturnedToCustomers
506000 usd
ghw Contract With Customer Liability Change In Estimate Of Variable Consideration
ContractWithCustomerLiabilityChangeInEstimateOfVariableConsideration
244000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1400000 usd
CY2023Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19900000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16618000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16618000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-31597000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-31597000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-61448000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-61448000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-52894000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-52894000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157076260 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
157076260 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152861300 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
152861300 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155377648 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155377648 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
152427346 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152427346 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.35
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
45595543 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
45595543 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21095676 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21095676 shares
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001628280-23-038916-index-headers.html Edgar Link pending
0001628280-23-038916-index.html Edgar Link pending
0001628280-23-038916.txt Edgar Link pending
0001628280-23-038916-xbrl.zip Edgar Link pending
exhibit311-ceocertq32023.htm Edgar Link pending
exhibit312-cfocertq32023.htm Edgar Link pending
exhibit321-ceocertq32023.htm Edgar Link pending
exhibit322-cfocertq32023.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ghw-20230930.htm Edgar Link pending
ghw-20230930.xsd Edgar Link pending
ghw-20230930_g1.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
projectwindy-commonstockan.htm Edgar Link pending
projectwindy-investmentwar.htm Edgar Link pending
projectwindy-ipwarrant.htm Edgar Link pending
projectwindy-performancewa.htm Edgar Link pending
projectwindy-registrationr.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
ghw-20230930_cal.xml Edgar Link unprocessable
ghw-20230930_def.xml Edgar Link unprocessable
ghw-20230930_lab.xml Edgar Link unprocessable
ghw-20230930_pre.xml Edgar Link unprocessable
ghw-20230930_htm.xml Edgar Link completed
R13.htm Edgar Link pending
R14.htm Edgar Link pending
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