2024 Q4 Form 10-Q Financial Statement

#000171658324000161 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $134.0K
YoY Change
Cost Of Revenue $301.0K
YoY Change -90.85%
Gross Profit -$167.0K
YoY Change -94.92%
Gross Profit Margin -124.63%
Selling, General & Admin $29.68M
YoY Change 41.02%
% of Gross Profit
Research & Development $8.074M
YoY Change -25.63%
% of Gross Profit
Depreciation & Amortization $900.0K
YoY Change -10.0%
% of Gross Profit
Operating Expenses $37.56M
YoY Change -6.27%
Operating Profit -$37.43M
YoY Change -6.6%
Interest Expense $524.0K
YoY Change -63.64%
% of Operating Profit
Other Income/Expense, Net -$3.894M
YoY Change -2.23%
Pretax Income -$41.32M
YoY Change -6.22%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$41.32M
YoY Change -6.21%
Net Earnings / Revenue -30835.07%
Basic Earnings Per Share -$7.74
Diluted Earnings Per Share -$7.74
COMMON SHARES
Basic Shares Outstanding 7.592M shares 271.6M shares
Diluted Shares Outstanding 5.337M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.43M
YoY Change -77.92%
Cash & Equivalents $30.40M
Short-Term Investments
Other Short-Term Assets $1.456M
YoY Change 8.82%
Inventory $6.036M
Prepaid Expenses
Receivables $86.00K
Other Receivables $160.0K
Total Short-Term Assets $42.42M
YoY Change -77.81%
LONG-TERM ASSETS
Property, Plant & Equipment $3.523M
YoY Change -81.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $4.179M
YoY Change -30.99%
Total Long-Term Assets $9.268M
YoY Change -82.85%
TOTAL ASSETS
Total Short-Term Assets $42.42M
Total Long-Term Assets $9.268M
Total Assets $51.69M
YoY Change -78.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.043M
YoY Change -55.59%
Accrued Expenses $20.03M
YoY Change -12.51%
Deferred Revenue $500.0K
YoY Change -93.51%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.16M
YoY Change -35.67%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $1.210M
YoY Change -8.12%
Total Long-Term Liabilities $1.210M
YoY Change -8.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.16M
Total Long-Term Liabilities $1.210M
Total Liabilities $39.51M
YoY Change -41.41%
SHAREHOLDERS EQUITY
Retained Earnings -$369.0M
YoY Change 91.09%
Common Stock $1.000K
YoY Change -96.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.95M
YoY Change
Total Liabilities & Shareholders Equity $51.69M
YoY Change -78.92%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$41.32M
YoY Change -6.21%
Depreciation, Depletion And Amortization $900.0K
YoY Change -10.0%
Cash From Operating Activities -$31.26M
YoY Change 4.16%
INVESTING ACTIVITIES
Capital Expenditures $530.0K
YoY Change -83.79%
Acquisitions
YoY Change
Other Investing Activities $22.08M
YoY Change 341.52%
Cash From Investing Activities $21.55M
YoY Change 1145.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.525M
YoY Change -17725.0%
NET CHANGE
Cash From Operating Activities -31.26M
Cash From Investing Activities 21.55M
Cash From Financing Activities 3.525M
Net Change In Cash -6.186M
YoY Change -78.14%
FREE CASH FLOW
Cash From Operating Activities -$31.26M
Capital Expenditures $530.0K
Free Cash Flow -$31.79M
YoY Change -4.49%

Facts In Submission

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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q3 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
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-41320000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-44055000 usd
us-gaap Profit Loss
ProfitLoss
-126412000 usd
us-gaap Profit Loss
ProfitLoss
-134568000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-78000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-18000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-41319000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-44054000 usd
us-gaap Net Income Loss
NetIncomeLoss
-126334000 usd
us-gaap Net Income Loss
NetIncomeLoss
-134550000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-41320000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-44055000 usd
us-gaap Profit Loss
ProfitLoss
-126412000 usd
us-gaap Profit Loss
ProfitLoss
-134568000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-315000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2721000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-143000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
986000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
286000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-702000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-41635000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-41048000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-126555000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-134284000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-23000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-84000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41612000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41053000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-126471000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-134294000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.74
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-8.99
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-24.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-27.49
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.74
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-8.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-24.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-27.49
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5337000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4898000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5173000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4894000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5337000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4898000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5173000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4894000 shares
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
130000000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7638000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
889000 usd
us-gaap Net Income Loss
NetIncomeLoss
-85015000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-77000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
172000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51829000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2140000 usd
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
295000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-41319000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-315000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12179000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
307059000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2156000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
41000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
314000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
28000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-44054000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2721000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
177784000 usd
us-gaap Profit Loss
ProfitLoss
-126412000 usd
us-gaap Profit Loss
ProfitLoss
-134568000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2832000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3160000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9778000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5143000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-390000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2087000 usd
hyzn Change In Fair Value Of Earnout Liability
ChangeInFairValueOfEarnoutLiability
1720000 usd
hyzn Change In Fair Value Of Earnout Liability
ChangeInFairValueOfEarnoutLiability
6029000 usd
hyzn Gain Loss On Issuance Of Warrants
GainLossOnIssuanceOfWarrants
-567000 usd
hyzn Gain Loss On Issuance Of Warrants
GainLossOnIssuanceOfWarrants
0 usd
hyzn Warrant Issuance Costs
WarrantIssuanceCosts
680000 usd
hyzn Warrant Issuance Costs
WarrantIssuanceCosts
0 usd
hyzn Equity Method Investments And Equity Securities Without Readily Determinable Fair Value Impairment Loss And Investment Losses
EquityMethodInvestmentsAndEquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndInvestmentLosses
9145000 usd
hyzn Equity Method Investments And Equity Securities Without Readily Determinable Fair Value Impairment Loss And Investment Losses
EquityMethodInvestmentsAndEquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndInvestmentLosses
172000 usd
us-gaap Inventory Write Down
InventoryWriteDown
18468000 usd
us-gaap Inventory Write Down
InventoryWriteDown
4781000 usd
hyzn Tangible Asset Impairment Charges Net Of Adjusmtment
TangibleAssetImpairmentChargesNetOfAdjusmtment
-11178000 usd
hyzn Tangible Asset Impairment Charges Net Of Adjusmtment
TangibleAssetImpairmentChargesNetOfAdjusmtment
-2119000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-147000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
2096000 usd
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 usd
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
1721000 usd
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
0 usd
hyzn Deconsolidation Gain Loss Net Of Cash Disposed
DeconsolidationGainLossNetOfCashDisposed
4292000 usd
hyzn Deconsolidation Gain Loss Net Of Cash Disposed
DeconsolidationGainLossNetOfCashDisposed
0 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1452000 usd
us-gaap Restructuring Charges
RestructuringCharges
1272000 usd
us-gaap Restructuring Charges
RestructuringCharges
4885000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
34000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-281000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
264000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1561000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2247000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9411000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2460000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4087000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-249000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-343000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
445000 usd
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-9176000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-6686000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-2763000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
599000 usd
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
6023000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-7005000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3089000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-70000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
16263000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-87969000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-112072000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2858000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5951000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
4959000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
30000000 usd
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
16594000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
30000000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
134905000 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 usd
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
50021000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2101000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
162381000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18000 usd
hyzn Payment Of Finance Lease Liability
PaymentOfFinanceLeaseLiability
0 usd
hyzn Payment Of Finance Lease Liability
PaymentOfFinanceLeaseLiability
237000 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
3820000 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1184000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
152000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2636000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-371000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-345000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-377000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-83577000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49561000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118101000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66790000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34524000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116351000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-88000000.0 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-112100000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30400000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
4100000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-41300000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-44100000 usd
us-gaap Profit Loss
ProfitLoss
-126400000 usd
us-gaap Profit Loss
ProfitLoss
-134600000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-369000000.0 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-242600000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications </span></div>Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation in the unaudited interim consolidated financial statements and the accompanying notes.
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
134000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10430000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
500000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8900000 usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1200000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3000000.0 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3751000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
11380000 usd
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2285000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9918000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
0 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
7513000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
6036000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
28811000 usd
CY2024Q3 hyzn Deposit For Fuel Cell Components
DepositForFuelCellComponents
134000 usd
CY2023Q4 hyzn Deposit For Fuel Cell Components
DepositForFuelCellComponents
2927000 usd
CY2024Q3 hyzn Other Vehicle Inventory Deposits
OtherVehicleInventoryDeposits
0 usd
CY2023Q4 hyzn Other Vehicle Inventory Deposits
OtherVehicleInventoryDeposits
262000 usd
CY2024Q3 hyzn Production Equipment Deposits
ProductionEquipmentDeposits
118000 usd
CY2023Q4 hyzn Production Equipment Deposits
ProductionEquipmentDeposits
623000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1456000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1333000 usd
CY2024Q3 us-gaap Prepaid Insurance
PrepaidInsurance
3965000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3827000 usd
CY2024Q3 hyzn Value Added Tax Receivable Government Current
ValueAddedTaxReceivableGovernmentCurrent
160000 usd
CY2023Q4 hyzn Value Added Tax Receivable Government Current
ValueAddedTaxReceivableGovernmentCurrent
363000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5833000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9335000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3523000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24604000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
0 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6035000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3523000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18569000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
900000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2800000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1000000.0 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3200000 usd
CY2024Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11100000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
12500000 usd
CY2024Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11100000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6422000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5261000 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2535000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2411000 usd
CY2024Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
93000 usd
CY2023Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
840000 usd
CY2024Q3 hyzn Accrued Contract Manufacturer Costs Current
AccruedContractManufacturerCostsCurrent
0 usd
CY2023Q4 hyzn Accrued Contract Manufacturer Costs Current
AccruedContractManufacturerCostsCurrent
1424000 usd
CY2024Q3 hyzn Contract Termination Fees Accrual Current
ContractTerminationFeesAccrualCurrent
558000 usd
CY2023Q4 hyzn Contract Termination Fees Accrual Current
ContractTerminationFeesAccrualCurrent
470000 usd
CY2024Q3 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
8787000 usd
CY2023Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
17000000 usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1633000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2710000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
20028000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
30116000 usd
CY2024Q3 hyzn Equity Securities Without Readily Determinable Fair Value Initial Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueInitialAmount
4948000 usd
CY2023Q4 hyzn Equity Securities Without Readily Determinable Fair Value Initial Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueInitialAmount
4948000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
12530000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
12530000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
17478000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
16715000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
0 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
763000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2024Q3 hyzn Contract Termination Fees Accrual Current
ContractTerminationFeesAccrualCurrent
600000 usd
CY2023Q4 hyzn Contract Termination Fees Accrual Current
ContractTerminationFeesAccrualCurrent
500000 usd
CY2021Q4 hyzn Litigation Contingency Number Of Class Action Lawsuits Filed
LitigationContingencyNumberOfClassActionLawsuitsFiled
3 lawsuit
CY2022Q1 hyzn Litigation Contingency Number Of Shareholder Lawsuits
LitigationContingencyNumberOfShareholderLawsuits
3 lawsuit
CY2023Q4 us-gaap Legal Fees
LegalFees
1500000 usd
hyzn Number Of Stockholders Demand For Books And Records
NumberOfStockholdersDemandForBooksAndRecords
4 stockholder
CY2022Q2 hyzn Number Of Stockholders Not Filing Complaint
NumberOfStockholdersNotFilingComplaint
1 stockholder
hyzn Number Of Stockholders Demand For Books And Records
NumberOfStockholdersDemandForBooksAndRecords
4 stockholder
hyzn Number Of Stockholders Demand For Books And Records
NumberOfStockholdersDemandForBooksAndRecords
4 stockholder
hyzn Number Of Stockholders Demand For Books And Records
NumberOfStockholdersDemandForBooksAndRecords
4 stockholder
CY2023Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
25000000.0 usd
CY2023Q3 hyzn Payments For Legal Settlements Within30 Days Of Settlement
PaymentsForLegalSettlementsWithin30DaysOfSettlement
8500000 usd
CY2023Q3 hyzn Payments For Legal Settlements Due In Next Fiscal Year
PaymentsForLegalSettlementsDueInNextFiscalYear
8500000 usd
CY2023Q3 hyzn Payments For Legal Settlements Within730 Days Of Settlement
PaymentsForLegalSettlementsWithin730DaysOfSettlement
8000000.0 usd
CY2023Q3 hyzn Payments For Legal Settlements Within30 Days Of Settlement
PaymentsForLegalSettlementsWithin30DaysOfSettlement
8500000 usd
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
380563 shares
CY2024Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
380563 shares
CY2024Q2 hyzn Sponsorship Fee Expense
SponsorshipFeeExpense
100000 eur
CY2024Q2 hyzn Sponsorship Fee Expense
SponsorshipFeeExpense
107000 usd
CY2024Q2 hyzn Sponsorship Fee Term Of Sponsorship
SponsorshipFeeTermOfSponsorship
P1Y
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5173000 shares
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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0001716583-24-000161-index.html Edgar Link pending
0001716583-24-000161.txt Edgar Link pending
0001716583-24-000161-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hyzn-20240930.htm Edgar Link pending
hyzn-20240930.xsd Edgar Link pending
hyzn20240930ex311.htm Edgar Link pending
hyzn20240930ex312.htm Edgar Link pending
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hyzn-20240930_htm.xml Edgar Link completed
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