2023 Q1 Form 20-F Financial Statement

#000179689823000025 Filed on March 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023 2022 Q1
Revenue $323.5M $1.060B $221.5M
YoY Change 46.06% 35.34% -9.82%
Cost Of Revenue $303.4M $1.108B $232.0M
YoY Change 30.77% 36.41% -2.63%
Gross Profit $20.09M -$47.95M -$10.55M
YoY Change -290.49% 65.26% -244.45%
Gross Profit Margin 6.21% -4.52% -4.76%
Selling, General & Admin $26.13M $100.5M $24.27M
YoY Change 7.68% 13.2% 0.7%
% of Gross Profit 130.09%
Research & Development $11.40M $49.68M $10.70M
YoY Change 6.58% 6.78% 21.59%
% of Gross Profit 56.77%
Depreciation & Amortization $13.96M $56.22M $12.12M
YoY Change 15.2% 33.19% 32.99%
% of Gross Profit 69.48%
Operating Expenses $37.54M $152.3M $34.97M
YoY Change 7.34% 12.56% 6.61%
Operating Profit -$17.45M -$200.3M -$45.51M
YoY Change -61.66% 21.86% 78.48%
Interest Expense -$27.03M $27.81M -$16.34M
YoY Change 65.47% -144.63% 101.7%
% of Operating Profit
Other Income/Expense, Net -$4.402M -$25.59M -$747.0K
YoY Change 489.29% -3401.81% -101.68%
Pretax Income -$49.39M -$225.9M -$63.15M
YoY Change -21.79% -5.51% -684.7%
Income Tax $28.03M $32.19M -$1.016M
% Of Pretax Income
Net Earnings -$75.70M -$267.4M -$73.33M
YoY Change 3.23% 5.07% -2195.2%
Net Earnings / Revenue -23.4% -25.23% -33.11%
Basic Earnings Per Share -$6.54
Diluted Earnings Per Share -$1.84 -$6.54 -$1.813M
COMMON SHARES
Basic Shares Outstanding 45.03M shares 40.92M shares
Diluted Shares Outstanding 40.92M shares

Balance Sheet

Concept 2023 Q1 2023 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $304.4M $304.4M $167.6M
YoY Change 81.61% 81.61% -19.45%
Cash & Equivalents $227.4M $227.4M $166.5M
Short-Term Investments $76.97M $76.97M $1.079M
Other Short-Term Assets $127.0M $100.3M $61.90M
YoY Change 105.11% 255.47% 156.86%
Inventory $303.2M $303.2M $212.8M
Prepaid Expenses $24.23M $14.63M
Receivables $54.30M $54.30M $39.73M
Other Receivables $19.39M $28.85M $51.05M
Total Short-Term Assets $791.0M $791.0M $533.1M
YoY Change 48.38% 48.38% -2.57%
LONG-TERM ASSETS
Property, Plant & Equipment $398.3M $398.3M $402.0M
YoY Change -0.92% -0.92% 54.39%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.061M $11.23M
YoY Change -72.74%
Other Assets $60.42M $70.77M $120.3M
YoY Change -49.76% -41.16% -2.31%
Total Long-Term Assets $469.4M $469.4M $523.4M
YoY Change -10.33% -10.33% 20.85%
TOTAL ASSETS
Total Short-Term Assets $791.0M $791.0M $533.1M
Total Long-Term Assets $469.4M $469.4M $523.4M
Total Assets $1.260B $1.260B $1.057B
YoY Change 19.3% 19.3% 7.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $247.9M $247.9M $270.5M
YoY Change -8.36% -8.36% 69.9%
Accrued Expenses $135.2M $111.3M $81.15M
YoY Change 66.56% 55.33% 64.6%
Deferred Revenue $139.3M $44.06M
YoY Change 216.09%
Short-Term Debt $50.53M $50.53M $25.36M
YoY Change 99.27% 99.27% -47.61%
Long-Term Debt Due $25.43M
YoY Change
Total Short-Term Liabilities $576.2M $576.2M $421.0M
YoY Change 36.86% 36.86% 36.66%
LONG-TERM LIABILITIES
Long-Term Debt $380.3M $380.3M $146.0M
YoY Change 160.48% 160.48% 7.34%
Other Long-Term Liabilities $63.66M $240.9M $133.5M
YoY Change -52.31% 80.49% 37.77%
Total Long-Term Liabilities $63.66M $621.2M $279.5M
YoY Change -77.22% 122.27% 20.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $576.2M $576.2M $421.0M
Total Long-Term Liabilities $63.66M $621.2M $279.5M
Total Liabilities $1.212B $1.218B $707.1M
YoY Change 71.46% 72.25% 29.1%
SHAREHOLDERS EQUITY
Retained Earnings -$520.3M -$263.0M
YoY Change 97.85%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $42.44M $42.44M $349.5M
YoY Change
Total Liabilities & Shareholders Equity $1.260B $1.260B $1.057B
YoY Change 19.3% 19.3% 7.78%

Cashflow Statement

Concept 2023 Q1 2023 2022 Q1
OPERATING ACTIVITIES
Net Income -$75.70M -$267.4M -$73.33M
YoY Change 3.23% 5.07% -2195.2%
Depreciation, Depletion And Amortization $13.96M $56.22M $12.12M
YoY Change 15.2% 33.19% 32.99%
Cash From Operating Activities $39.73M $3.437M $23.61M
YoY Change 68.29% -170.63% -138.16%
INVESTING ACTIVITIES
Capital Expenditures $7.416M $63.34M -$37.45M
YoY Change -119.8% -141.06% 181.61%
Acquisitions
YoY Change
Other Investing Activities $146.0K -$75.82M -$1.228M
YoY Change -111.89% 39185.49% -95.41%
Cash From Investing Activities -$7.270M -$139.3M -$38.68M
YoY Change -81.21% -9.81% -3.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0% -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.831M $211.5M 4.281M
YoY Change -142.77% 49.13% -376.19%
NET CHANGE
Cash From Operating Activities 39.73M $3.437M 23.61M
Cash From Investing Activities -7.270M -$139.3M -38.68M
Cash From Financing Activities -1.831M $211.5M 4.281M
Net Change In Cash 30.63M $75.73M -10.79M
YoY Change -383.78% -532.59% -89.57%
FREE CASH FLOW
Cash From Operating Activities $39.73M $3.437M $23.61M
Capital Expenditures $7.416M $63.34M -$37.45M
Free Cash Flow $32.31M -$59.90M $61.06M
YoY Change -47.08% -140.1% -225.75%

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CY2022 us-gaap Net Income Loss
NetIncomeLoss
-254520000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-142631000 usd
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.54
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.54
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.79
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.79
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.82
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WeightedAverageNumberOfDilutedSharesOutstanding
40920000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40920000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37457000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37457000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24502000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24502000 shares
CY2023 us-gaap Profit Loss
ProfitLoss
-267146000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-255746000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-141012000 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2954000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5461000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3818000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-8207000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3165000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
782000 usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-897000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-843000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-263000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10264000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-277410000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-257199000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-143785000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
278000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1226000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1619000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-277688000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-255973000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-145404000 usd
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
367523000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-141012000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
297541000 usd
CY2021 maxn Stock Issued During Period Value Issued For Physical Delivery Forward
StockIssuedDuringPeriodValueIssuedForPhysicalDeliveryForward
58466000 usd
CY2021 maxn Adjustments To Additional Paid In Capital Reclassification Of Physical Delivery Forward
AdjustmentsToAdditionalPaidInCapitalReclassificationOfPhysicalDeliveryForward
64089000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
52189000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
278000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2082000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2773000 usd
CY2021 maxn Net Parent Contribution Distribution
NetParentContributionDistribution
-129586000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
439287000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-255746000 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
169684000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-4245000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7348000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1453000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
354875000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-267146000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-257000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
64000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12992000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10264000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
48070000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-267146000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-255746000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
-141012000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56219000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42210000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47328000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
14580000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7231000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
7250000 usd
CY2023 us-gaap Interest Expense Other
InterestExpenseOther
7078000 usd
CY2022 us-gaap Interest Expense Other
InterestExpenseOther
13361000 usd
CY2021 us-gaap Interest Expense Other
InterestExpenseOther
19851000 usd
CY2023 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2022 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
2975000 usd
CY2021 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9072000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-16480000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3198000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5075000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-243000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2442000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
641000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
417000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
8598000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
5587000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1330000 usd
CY2023 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
1822000 usd
CY2023 maxn Gain Loss On Remeasurement On Physical Delivery Forward And Prepaid Forward
GainLossOnRemeasurementOnPhysicalDeliveryForwardAndPrepaidForward
2411000 usd
CY2022 maxn Gain Loss On Remeasurement On Physical Delivery Forward And Prepaid Forward
GainLossOnRemeasurementOnPhysicalDeliveryForwardAndPrepaidForward
-34468000 usd
CY2021 maxn Gain Loss On Remeasurement On Physical Delivery Forward And Prepaid Forward
GainLossOnRemeasurementOnPhysicalDeliveryForwardAndPrepaidForward
38236000 usd
CY2023 maxn Inventory Write Down Utilization
InventoryWriteDownUtilization
16342000 usd
CY2022 maxn Inventory Write Down Utilization
InventoryWriteDownUtilization
-319000 usd
CY2021 maxn Inventory Write Down Utilization
InventoryWriteDownUtilization
-3470000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1607000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1765000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3078000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15332000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-38268000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-71231000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
106622000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
43174000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-28682000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
35685000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
20529000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7396000 usd
CY2023 maxn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
3192000 usd
CY2022 maxn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
2449000 usd
CY2021 maxn Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
2264000 usd
CY2023 maxn Increase Decrease On Advances On Inventory Purchases
IncreaseDecreaseOnAdvancesOnInventoryPurchases
49624000 usd
CY2022 maxn Increase Decrease On Advances On Inventory Purchases
IncreaseDecreaseOnAdvancesOnInventoryPurchases
41147000 usd
CY2021 maxn Increase Decrease On Advances On Inventory Purchases
IncreaseDecreaseOnAdvancesOnInventoryPurchases
28473000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
70567000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
41098000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-143462000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
195650000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
72488000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-61344000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2556000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2662000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1804000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3437000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4866000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-189162000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
63337000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
154194000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27689000 usd
CY2023 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
958000 usd
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
1318000 usd
CY2021 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
6572000 usd
CY2023 maxn Purchase Of Restricted Short Term Marketable Securities
PurchaseOfRestrictedShortTermMarketableSecurities
968000 usd
CY2022 maxn Purchase Of Restricted Short Term Marketable Securities
PurchaseOfRestrictedShortTermMarketableSecurities
1094000 usd
CY2021 maxn Purchase Of Restricted Short Term Marketable Securities
PurchaseOfRestrictedShortTermMarketableSecurities
1340000 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
76000000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 usd
CY2023 maxn Proceeds From Payments For Disposal Of Property Plant And Equipment
ProceedsFromPaymentsForDisposalOfPropertyPlantAndEquipment
189000 usd
CY2022 maxn Proceeds From Payments For Disposal Of Property Plant And Equipment
ProceedsFromPaymentsForDisposalOfPropertyPlantAndEquipment
-417000 usd
CY2021 maxn Proceeds From Payments For Disposal Of Property Plant And Equipment
ProceedsFromPaymentsForDisposalOfPropertyPlantAndEquipment
1283000 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
143000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
61000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
CY2023 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 usd
CY2022 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
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CY2021 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
30000000 usd
CY2023 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2021 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
3220000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2462000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-139301000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-154448000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45492000 usd
CY2023 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
258426000 usd
CY2022 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
170311000 usd
CY2021 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
236446000 usd
CY2023 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
233138000 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
193237000 usd
CY2021 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
226664000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
257000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4245000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
187232000 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
190330000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
169684000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
296765000 usd
CY2023 maxn Payment For Realized Amount On Underwriting Physical Delivery Forward
PaymentForRealizedAmountOnUnderwritingPhysicalDeliveryForward
0 usd
CY2022 maxn Payment For Realized Amount On Underwriting Physical Delivery Forward
PaymentForRealizedAmountOnUnderwritingPhysicalDeliveryForward
0 usd
CY2021 maxn Payment For Realized Amount On Underwriting Physical Delivery Forward
PaymentForRealizedAmountOnUnderwritingPhysicalDeliveryForward
1606000 usd
CY2023 maxn Payments For Prepaid Forward
PaymentsForPrepaidForward
0 usd
CY2022 maxn Payments For Prepaid Forward
PaymentsForPrepaidForward
0 usd
CY2021 maxn Payments For Prepaid Forward
PaymentsForPrepaidForward
40000000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
64000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
278000 usd
CY2023 maxn Repayment Of Finance Lease Principal Payments And Other
RepaymentOfFinanceLeasePrincipalPaymentsAndOther
725000 usd
CY2022 maxn Repayment Of Finance Lease Principal Payments And Other
RepaymentOfFinanceLeasePrincipalPaymentsAndOther
705000 usd
CY2021 maxn Repayment Of Finance Lease Principal Payments And Other
RepaymentOfFinanceLeasePrincipalPaymentsAndOther
651000 usd
CY2023 maxn Proceeds Payments From To Contributions From Parent
ProceedsPaymentsFromToContributionsFromParent
0 usd
CY2022 maxn Proceeds Payments From To Contributions From Parent
ProceedsPaymentsFromToContributionsFromParent
0 usd
CY2021 maxn Proceeds Payments From To Contributions From Parent
ProceedsPaymentsFromToContributionsFromParent
-133996000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
211474000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
141808000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
320346000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
119000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
75729000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17340000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
85769000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
192232000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
209572000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
24029000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
123803000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
267961000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
192232000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
209572000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
35264000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
58562000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
27736000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5639000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5029000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4791000 usd
CY2023 us-gaap Stock Issued1
StockIssued1
0 usd
CY2022 us-gaap Stock Issued1
StockIssued1
1078000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
0 usd
CY2023 maxn Interest Expense Related Party Non Cash
InterestExpenseRelatedPartyNonCash
0 usd
CY2022 maxn Interest Expense Related Party Non Cash
InterestExpenseRelatedPartyNonCash
0 usd
CY2021 maxn Interest Expense Related Party Non Cash
InterestExpenseRelatedPartyNonCash
11333000 usd
CY2023 maxn Reclassification From Accounts Payable To Short Term Debt Supplier Financing
ReclassificationFromAccountsPayableToShortTermDebtSupplierFinancing
0 usd
CY2022 maxn Reclassification From Accounts Payable To Short Term Debt Supplier Financing
ReclassificationFromAccountsPayableToShortTermDebtSupplierFinancing
0 usd
CY2021 maxn Reclassification From Accounts Payable To Short Term Debt Supplier Financing
ReclassificationFromAccountsPayableToShortTermDebtSupplierFinancing
23933000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
12910000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
15159000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
3443000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6454000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9584000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12486000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
227442000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166542000 usd
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
206744000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
37974000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1661000 usd
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2483000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2545000 usd
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
345000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
267961000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
192232000 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
209572000 usd
CY2019Q4 maxn Number Of Independent Publicly Traded Companies Due To Spin Off
NumberOfIndependentPubliclyTradedCompaniesDueToSpinOff
2 vote
CY2019Q4 maxn Number Of Independent Publicly Traded Companies Due To Spin Off
NumberOfIndependentPubliclyTradedCompaniesDueToSpinOff
2 vote
CY2020Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
298000000 usd
CY2020Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
8915692 shares
CY2020Q3 us-gaap Sale Of Stock Percentage Of Ownership Before Transaction
SaleOfStockPercentageOfOwnershipBeforeTransaction
0.295
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
227400000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
40500000 usd
CY2023Q1 us-gaap Other Short Term Investments
OtherShortTermInvestments
76000000 usd
CY2023 us-gaap Fiscal Period
FiscalPeriod
Fiscal PeriodsThe Company has a 52-to-53-week fiscal year that ends on the Sunday closest to December 31. Accordingly, every fifth or sixth year will be a 53-week fiscal year. Fiscal year 2022 is a 53-week fiscal year while fiscal year 2021 and 2020 are 52-week fiscal years. Our fiscal year 2022 ended on January 1, 2023, our fiscal year 2021 ended on January 2, 2022 and our fiscal year 2020 ended on January 3, 2021.
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated and combined financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated and combined financial statements and accompanying notes. Significant estimates in these consolidated and combined financial statements include (i) revenue recognition, specifically, management’s assessment of market-based pricing terms related to sales of solar modules to SunPower for periods prior to the Spin-off, the nature and timing of satisfaction of performance obligations, standalone selling price of performance obligations and variable consideration; (ii) allowances for credit losses for accounts receivable; (iii) inventory write-downs; (iv) stock-based compensation; (v) long-lived asset impairment, specifically estimates for valuation assumptions including discount rates and future cash flows, economic useful lives of property, plant and equipment, intangible assets, and investments; (vi) fair value of financial instruments; (vii) valuation of contingencies such as accrued warranty; (viii) the incremental borrowing rate used in discounting of lease liabilities; and (ix) income taxes and tax valuation allowances. Actual results could materially differ from those estimates.</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Due to the macro-economic trends such as the continued effects of the COVID-19 pandemic and continued heightened geopolitical tensions, there has been continued uncertainty and disruption in the global economy and financial markets. We are not aware of any specific event or circumstance that would require updates to our estimates and judgments or require us to revise the carrying value of our assets or liabilities as of the date of issuance of the financial statements. These estimates may change as new events occur and additional information is obtained. Actual results could differ materially from these estimates under different assumptions or conditions.</span></div>
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
54300000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
800000 usd
CY2023Q1 maxn Percentage Of Accounts Receivable Less Than60 Days Outstanding
PercentageOfAccountsReceivableLessThan60DaysOutstanding
0.990
CY2023 us-gaap Advertising Expense
AdvertisingExpense
4700000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
3500000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
2400000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are exposed to credit losses in the event of nonperformance by the counterparties to our financial and derivative instruments. Financial and derivative instruments that potentially subject us to concentrations of credit risk are primarily cash and cash equivalents, investments, accounts receivable, advances to suppliers, and foreign currency forward contracts. Our investment policy requires cash and cash equivalents and investments to be placed with high-quality financial institutions and to limit the amount of credit risk from any one issuer.</span></div>We perform ongoing credit evaluations of our customers’ financial condition whenever deemed necessary. We maintain an allowance for credit losses based on the expected collectability of all accounts receivable, which takes into consideration an analysis of historical bad debts, specific customer creditworthiness and current economic trends. We believe that our concentration of credit risk is limited because of our large number of customers, credit quality of the customer base, small account balances for most of these customers, and customer geographic diversification. During fiscal years 2022, 2021 and 2020, we recorded revenues of $283.3 million, $225.9 million and $231.2 million, or 26.7%, 28.8% and 27.4% of total revenue, respectively, representing the sale of solar modules to SunPower. The pricing term prior to the Spin-off was made at transfer prices determined based on management’s assessment of market-based pricing terms. Subsequent to the Spin-off, pricing is based on the Supply Agreement with SunPower. Except for revenue transactions with SunPower, for fiscal years 2022 and 2021, we had no customers that accounted for at least 10% of revenue. As of January 1, 2023 and January 2, 2022, SunPower accounted for 9.6% and 9.7% of our accounts receivable, respectively. Two customers individually accounted for 10% or more of accounts receivable as of January 1, 2023,
CY2023Q1 maxn Number Of Customers Individually Accounting For10 Or More Of Accounts Receivable
NumberOfCustomersIndividuallyAccountingFor10OrMoreOfAccountsReceivable
2 numberofcustomers
CY2023Q1 maxn Prepayments To Suppliers Related Party
PrepaymentsToSuppliersRelatedParty
12872000 usd
CY2022Q1 maxn Prepayments To Suppliers Related Party
PrepaymentsToSuppliersRelatedParty
6294000 usd
CY2023 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
87228000 usd
CY2022 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
10392000 usd
CY2021 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
173000 usd
CY2023 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
5822000 usd
CY2022 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 usd
CY2021 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1060100000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
783300000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
844800000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
600000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1600000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1000000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-200000 usd
CY2023 maxn Increase Decrease In Contract Liability
IncreaseDecreaseInContractLiability
197900000 usd
CY2022 maxn Increase Decrease In Contract Liability
IncreaseDecreaseInContractLiability
49200000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14900000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
15200000 usd
CY2023Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
55218000 usd
CY2022Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
40895000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
807000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
940000 usd
CY2023Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
110000 usd
CY2022Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
225000 usd
CY2023Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
54301000 usd
CY2022Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
39730000 usd
CY2023 us-gaap Accounts Receivable Sale
AccountsReceivableSale
577900000 usd
CY2022 us-gaap Accounts Receivable Sale
AccountsReceivableSale
336700000 usd
CY2023Q1 maxn Uncollected Accounts Receivable Factoring Agreement
UncollectedAccountsReceivableFactoringAgreement
63600000 usd
CY2022Q1 maxn Uncollected Accounts Receivable Factoring Agreement
UncollectedAccountsReceivableFactoringAgreement
36700000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
940000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
13000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
120000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
807000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3768000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1973000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
855000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
940000 usd
CY2022Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
225000 usd
CY2023 maxn Accounts Receivable Sales Returns Charges Releases
AccountsReceivableSalesReturnsChargesReleases
115000 usd
CY2023 maxn Accounts Receivable Allowance For Sales Return Utilize
AccountsReceivableAllowanceForSalesReturnUtilize
0 usd
CY2023Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
110000 usd
CY2021Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
359000 usd
CY2022 maxn Accounts Receivable Sales Returns Charges Releases
AccountsReceivableSalesReturnsChargesReleases
134000 usd
CY2022 maxn Accounts Receivable Allowance For Sales Return Utilize
AccountsReceivableAllowanceForSalesReturnUtilize
0 usd
CY2022Q1 maxn Accounts Receivable Allowance For Sales Returns Current
AccountsReceivableAllowanceForSalesReturnsCurrent
225000 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
83350000 usd
CY2022Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
47894000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
76718000 usd
CY2022Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
47953000 usd
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
143162000 usd
CY2022Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
116973000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
303230000 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
212820000 usd
CY2023Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
21300000 usd
CY2022Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4900000 usd
CY2023Q1 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
7320000 usd
CY2022Q1 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
9063000 usd
CY2023Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
3819000 usd
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6843000 usd
CY2023Q1 maxn Receivables From Tolling Partners
ReceivablesFromTollingPartners
14923000 usd
CY2022Q1 maxn Receivables From Tolling Partners
ReceivablesFromTollingPartners
5895000 usd
CY2023Q1 maxn Other Receivables Related Parties
OtherReceivablesRelatedParties
14703000 usd
CY2022Q1 maxn Other Receivables Related Parties
OtherReceivablesRelatedParties
13979000 usd
CY2023Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
19394000 usd
CY2022Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
4763000 usd
CY2023Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
1652000 usd
CY2022Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
0 usd
CY2023Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
37974000 usd
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
1661000 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
24229000 usd
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
14626000 usd
CY2023Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
703000 usd
CY2022Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
3526000 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
1490000 usd
CY2022Q1 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
0 usd
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
764000 usd
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1548000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
126971000 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61904000 usd
CY2023 us-gaap Adjustment For Amortization
AdjustmentForAmortization
300000 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
400000 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
5000000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
138000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
89000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
50000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
291000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
598542000 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
566650000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
218074000 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
180020000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
380468000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
386630000 usd
CY2023 us-gaap Depreciation
Depreciation
56500000 usd
CY2022 us-gaap Depreciation
Depreciation
41800000 usd
CY2021 us-gaap Depreciation
Depreciation
42300000 usd
CY2023Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4000000 usd
CY2022Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4000000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
3061000 usd
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
11230000 usd
CY2023Q1 maxn Prepaid Forwards Fair Value Disclosure Noncurrent
PrepaidForwardsFairValueDisclosureNoncurrent
34661000 usd
CY2022Q1 maxn Prepaid Forwards Fair Value Disclosure Noncurrent
PrepaidForwardsFairValueDisclosureNoncurrent
32250000 usd
CY2023Q1 maxn Prepayment For Capital Expenditures Noncurrent
PrepaymentForCapitalExpendituresNoncurrent
7890000 usd
CY2022Q1 maxn Prepayment For Capital Expenditures Noncurrent
PrepaymentForCapitalExpendituresNoncurrent
34631000 usd
CY2023Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2545000 usd
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
24029000 usd
CY2023Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
8261000 usd
CY2022Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
8937000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
60418000 usd
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
115077000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
25885000 usd
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18769000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
7082000 usd
CY2022Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
11457000 usd
CY2023Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
563000 usd
CY2022Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1177000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
13577000 usd
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
6056000 usd
CY2023Q1 maxn Accrued Liabilities Related Parties Current
AccruedLiabilitiesRelatedPartiesCurrent
7769000 usd
CY2022Q1 maxn Accrued Liabilities Related Parties Current
AccruedLiabilitiesRelatedPartiesCurrent
8361000 usd
CY2023Q1 maxn Value Added Tax Payables Current
ValueAddedTaxPayablesCurrent
8418000 usd
CY2022Q1 maxn Value Added Tax Payables Current
ValueAddedTaxPayablesCurrent
6687000 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
5318000 usd
CY2022Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
536000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7903000 usd
CY2022Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7177000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
13575000 usd
CY2022Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
2296000 usd
CY2023Q1 maxn Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Current
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedCurrent
0 usd
CY2022Q1 maxn Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued Current
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccruedCurrent
3731000 usd
CY2023Q1 maxn Payable To Factor Agencies Current
PayableToFactorAgenciesCurrent
1172000 usd
CY2022Q1 maxn Payable To Factor Agencies Current
PayableToFactorAgenciesCurrent
1073000 usd
CY2023Q1 maxn Refund Liabilities Related Parties Current
RefundLiabilitiesRelatedPartiesCurrent
7382000 usd
CY2022Q1 maxn Refund Liabilities Related Parties Current
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CY2022Q1 us-gaap Repurchase Agreement Counterparty Amount At Risk
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CY2022Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2022Q1 maxn Noncurrent Refund Liabilities Related Parties
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CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2022 maxn Restructuring Charges Credits
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CY2022Q1 us-gaap Restructuring Reserve
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CY2023 maxn Restructuring Charges Credits
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2732000 usd
CY2023Q1 us-gaap Restructuring Reserve
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q1 us-gaap Lessee Finance Lease Term Of Contract1
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CY2023Q1 us-gaap Finance Lease Liability
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CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Five
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CY2023Q1 us-gaap Finance Lease Liability Payments Due After Year Five
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CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q1 us-gaap Finance Lease Liability Payments Due
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CY2023Q1 us-gaap Finance Lease Liability
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CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2023Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
14913000 usd
CY2022Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1150000 usd
CY2023Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4565000 usd
CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4033000 usd
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
606900000 usd
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
34695000 usd
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
39506000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10971000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1186000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2252000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2554000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3174000 usd
CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
304000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
269000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
33861000 usd
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
34695000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
33900000 usd
CY2022Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
34700000 usd
CY2023Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
900000 usd
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
400000 usd
CY2021Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
169700000 usd
CY2023Q1 maxn Common Stock Voting Rights Number Of Votes
CommonStockVotingRightsNumberOfVotes
1 vote
CY2023Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
3166000 shares
CY2022Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
3363000 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-267424000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-254520000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-142631000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40920000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40920000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37457000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37457000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24502000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24502000 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.54
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.54
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.79
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.79
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.82
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.82
CY2022 maxn Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
2 plan
CY2021 maxn Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
2 plan
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14580000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7231000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7250000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1060113000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
783279000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
844836000 usd
CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
380468000 usd
CY2022Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
386630000 usd

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