2023 Q3 Form 10-Q Financial Statement

#000177269523000080 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $198.4M $166.4M
YoY Change 32.83% 13.17%
Cost Of Revenue $115.4M $88.26M
YoY Change 42.21% 7.48%
Gross Profit $83.00M $78.12M
YoY Change 21.67% 20.38%
Gross Profit Margin 41.84% 46.95%
Selling, General & Admin $130.2M $131.2M
YoY Change 51.98% 73.85%
% of Gross Profit 156.87% 168.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.18M $42.31M
YoY Change 35.95% 27.53%
% of Gross Profit 56.84% 54.16%
Operating Expenses $121.2M $137.9M
YoY Change 26.33% 103.91%
Operating Profit -$38.22M -$59.77M
YoY Change 37.86% 2088.61%
Interest Expense -$57.60M -$30.66M
YoY Change 214.28% 50.0%
% of Operating Profit
Other Income/Expense, Net -$561.0K -$3.172M
YoY Change -4775.0% -2082.5%
Pretax Income -$65.80M -$93.60M
YoY Change 120.42% 865.23%
Income Tax -$9.325M $7.183M
% Of Pretax Income
Net Earnings -$63.15M -$86.09M
YoY Change 1.77% 132.66%
Net Earnings / Revenue -31.83% -51.74%
Basic Earnings Per Share -$0.53 -$0.74
Diluted Earnings Per Share -$0.53 -$0.74
COMMON SHARES
Basic Shares Outstanding 116.4M shares 116.3M shares
Diluted Shares Outstanding 119.6M shares 116.2M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $468.0M $187.3M
YoY Change 13.43% -9.99%
Cash & Equivalents $467.9M $187.3M
Short-Term Investments
Other Short-Term Assets $384.0M $78.61M
YoY Change 14.26% -75.67%
Inventory $137.7M $179.2M
Prepaid Expenses $28.81M $29.71M
Receivables $40.17M $187.5M
Other Receivables $101.9M $114.1M
Total Short-Term Assets $993.9M $746.8M
YoY Change 6.04% 11.34%
LONG-TERM ASSETS
Property, Plant & Equipment $5.119B $4.529B
YoY Change 44.72% 37.74%
Goodwill $13.15M $13.15M
YoY Change 0.0% 0.0%
Intangibles $141.2M $148.3M
YoY Change -16.56% -15.88%
Long-Term Investments
YoY Change
Other Assets $986.9M $941.2M
YoY Change 7.2% 17.23%
Total Long-Term Assets $9.791B $8.860B
YoY Change 45.87% 47.25%
TOTAL ASSETS
Total Short-Term Assets $993.9M $746.8M
Total Long-Term Assets $9.791B $8.860B
Total Assets $10.79B $9.607B
YoY Change 40.99% 43.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $194.6M $138.8M
YoY Change 105.55% 68.34%
Accrued Expenses $107.1M $151.0M
YoY Change -11.6% 66.12%
Deferred Revenue $46.40M $41.28M
YoY Change 89.22% 94.04%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $470.1M $242.9M
YoY Change 145.97% 46.43%
Total Short-Term Liabilities $868.8M $580.5M
YoY Change 89.66% 49.71%
LONG-TERM LIABILITIES
Long-Term Debt $6.711B $6.125B
YoY Change 39.6% 53.67%
Other Long-Term Liabilities $1.003B $913.2M
YoY Change 58.92% 70.49%
Total Long-Term Liabilities $6.711B $7.038B
YoY Change 39.6% 76.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $868.8M $580.5M
Total Long-Term Liabilities $6.711B $7.038B
Total Liabilities $8.583B $8.217B
YoY Change 45.57% 67.35%
SHAREHOLDERS EQUITY
Retained Earnings -$191.5M -$272.2M
YoY Change -50.52% -27.84%
Common Stock $1.749B $1.662B
YoY Change 7.1% -0.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.558B $1.390B
YoY Change
Total Liabilities & Shareholders Equity $10.79B $9.607B
YoY Change 40.99% 43.65%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$63.15M -$86.09M
YoY Change 1.77% 132.66%
Depreciation, Depletion And Amortization $47.18M $42.31M
YoY Change 35.95% 27.53%
Cash From Operating Activities -$12.25M -$13.22M
YoY Change -88.16% -81.18%
INVESTING ACTIVITIES
Capital Expenditures $567.0M $458.9M
YoY Change -320.53% -289.41%
Acquisitions
YoY Change
Other Investing Activities -$150.8M -$190.8M
YoY Change -49.77% -35.13%
Cash From Investing Activities -$717.8M -$649.6M
YoY Change 28.79% 21.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.049B 647.9M
YoY Change 25.4% 0.37%
NET CHANGE
Cash From Operating Activities -12.25M -13.22M
Cash From Investing Activities -717.8M -649.6M
Cash From Financing Activities 1.049B 647.9M
Net Change In Cash 319.2M -14.95M
YoY Change 81.4% -138.37%
FREE CASH FLOW
Cash From Operating Activities -$12.25M -$13.22M
Capital Expenditures $567.0M $458.9M
Free Cash Flow -$579.3M -$472.1M
YoY Change -476.97% -374.4%

Facts In Submission

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CY2023Q1 nova Redeemable Noncontrolling Interest Reallocation Of Basis
RedeemableNoncontrollingInterestReallocationOfBasis
21528000 usd
CY2023Q1 nova Reallocation Of Asset Basis
ReallocationOfAssetBasis
21528000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9515000 usd
CY2023Q1 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-453000 usd
CY2023Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
110000 usd
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
179502000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1767262000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-860000 usd
CY2023Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-101641000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11409000 usd
CY2023Q2 nova Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
40201000 usd
CY2023Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
104204000 usd
CY2023Q2 nova Distributions To Redeemable Noncontrolling Interests
DistributionsToRedeemableNoncontrollingInterests
2498000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7320000 usd
CY2023Q2 nova Noncontrolling Interest Decrease From Costs Related To Redeemable Noncontrolling Interest
NoncontrollingInterestDecreaseFromCostsRelatedToRedeemableNoncontrollingInterest
719000 usd
CY2023Q2 nova Noncontrolling Interest Decrease From Costs Related To Noncontrolling Interest Holders
NoncontrollingInterestDecreaseFromCostsRelatedToNoncontrollingInterestHolders
721000 usd
CY2023Q2 nova Redeemable Noncontrolling Interest Reallocation Of Basis
RedeemableNoncontrollingInterestReallocationOfBasis
111121000 usd
CY2023Q2 nova Reallocation Of Asset Basis
ReallocationOfAssetBasis
111121000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4803000 usd
CY2023Q2 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-6144000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
1073000 usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
100081000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1888044000 usd
nova Number Of Customers
NumberOfCustomers
348000 customer
CY2023Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
45 state
nova Revenue From Contract With Customers Maximum Renewal Term
RevenueFromContractWithCustomersMaximumRenewalTerm
P10Y
nova Capital Commitments From Investors
CapitalCommitmentsFromInvestors
13300000000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
RevisionsWe have revised our previously issued interim financial statements to correct immaterial errors pertaining to our interest rate derivative financial instruments, specifically the credit valuation adjustment to account for the counterparties' credit risk. We originally did not record the estimated reduction to the derivative assets related to the credit valuation adjustment as of March 31, 2022 and June 30, 2022. These immaterial errors impacted our consolidated balance sheets, consolidated statements of operations, consolidated statements of cash flows and consolidated statements of redeemable noncontrolling interests and equity.
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
660981000 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-425004000 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
797253000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-382826000 usd
CY2022Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1015000 usd
CY2022Q1 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-22104000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-22104000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-35058000 usd
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-24571000 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-23556000 usd
CY2022Q2 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-13831000 usd
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-35935000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-13831000 usd
us-gaap Profit Loss
ProfitLoss
-35935000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-41137000 usd
us-gaap Net Income Loss
NetIncomeLoss
-76195000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.67
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-22104000 usd
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
33874000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-92129000 usd
us-gaap Profit Loss
ProfitLoss
-35935000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1017000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-162343000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The application of GAAP in the preparation of the interim financial statements requires us to make estimates and assumptions that affect the amounts reported in the interim financial statements and accompanying notes. We base our estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ materially from those estimates.</span></div>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1887000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1065000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1676000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1044000 usd
CY2023Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1177000 usd
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
614000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2105000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1089000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
969000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
546000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1748000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1052000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
48000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
65000 usd
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
110000 usd
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
117000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2143000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1198000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
179209000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
152113000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
72171000 usd
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
82658000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
969000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
5145000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
4412000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
367000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-3376000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
68362000 usd
CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
74870000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
166377000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147012000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
328073000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212734000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4100000000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.03
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
We do not expect the annual recognition to vary significantly over approximately the next 20 years as the vast majority of existing solar service agreements have at least 20 years remaining
nova Average Age Of Solar Systems
AverageAgeOfSolarSystems
P4Y
CY2023Q2 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P180D
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
297800000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
818506000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
615623000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
41300000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30200000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
8100000 usd
CY2023Q2 us-gaap Self Insurance Reserve
SelfInsuranceReserve
3500000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4988159000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4192983000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
475649000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
408182000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4512510000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3784801000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
179209000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
152113000 usd
CY2023Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
150966000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
114910000 usd
CY2023Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
37825000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
51733000 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
29713000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
17492000 usd
CY2023Q2 nova Deferred Receivables Current
DeferredReceivablesCurrent
10388000 usd
CY2022Q4 nova Deferred Receivables Current
DeferredReceivablesCurrent
7392000 usd
CY2023Q2 nova Investments In Solar Receivables Current
InvestmentsInSolarReceivablesCurrent
7804000 usd
CY2022Q4 nova Investments In Solar Receivables Current
InvestmentsInSolarReceivablesCurrent
7107000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
685000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
553000 usd
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
416590000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
351300000 usd
CY2023Q2 nova Financing Receivable Construction In Progress
FinancingReceivableConstructionInProgress
247588000 usd
CY2022Q4 nova Financing Receivable Construction In Progress
FinancingReceivableConstructionInProgress
382611000 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
180718000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
133584000 usd
CY2023Q2 nova Exclusivity And Other Bonus Arrangements With Dealers Net
ExclusivityAndOtherBonusArrangementsWithDealersNet
173799000 usd
CY2022Q4 nova Exclusivity And Other Bonus Arrangements With Dealers Net
ExclusivityAndOtherBonusArrangementsWithDealersNet
121313000 usd
CY2023Q2 nova Investments In Solar Receivables Noncurrent
InvestmentsInSolarReceivablesNoncurrent
60558000 usd
CY2022Q4 nova Investments In Solar Receivables Noncurrent
InvestmentsInSolarReceivablesNoncurrent
65064000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
57803000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
53086000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
237312000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
206233000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
957778000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
961891000 usd
CY2023Q2 us-gaap Interest Payable Current
InterestPayableCurrent
42910000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
35258000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
41277000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30172000 usd
CY2023Q2 nova Lease Liability Current
LeaseLiabilityCurrent
3455000 usd
CY2022Q4 nova Lease Liability Current
LeaseLiabilityCurrent
3247000 usd
CY2023Q2 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
2335000 usd
CY2022Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
2495000 usd
CY2023Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
4065000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
334000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
94042000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
71506000 usd
nova Asset Retirement Obligation Useful Life
AssetRetirementObligationUsefulLife
P30Y
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
69869000 usd
CY2021Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
54396000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
7604000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
5390000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2234000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1735000 usd
nova Asset Retirement Obligation Other
AssetRetirementObligationOther
44000 usd
nova Asset Retirement Obligation Other
AssetRetirementObligationOther
58000 usd
CY2023Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
79663000 usd
CY2022Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
61463000 usd
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
3481602000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
2662307000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
102337000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
81248000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
91459000 usd
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
47818000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
81248000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
41138000 usd
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
10878000 usd
CY2022Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
9225000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
21089000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
15869000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
0 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
36000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
102337000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
57043000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
102337000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
57043000 usd
CY2023Q2 nova Solar Energy Equipment Not Yet Placed In Service
SolarEnergyEquipmentNotYetPlacedInService
247600000 usd
CY2022Q4 nova Solar Energy Equipment Not Yet Placed In Service
SolarEnergyEquipmentNotYetPlacedInService
382600000 usd
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
19800000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
12600000 usd
CY2023Q2 nova Financing Receivable Nonaccrual Allowance For Credit Loss
FinancingReceivableNonaccrualAllowanceForCreditLoss
436000 usd
CY2022Q4 nova Financing Receivable Nonaccrual Allowance For Credit Loss
FinancingReceivableNonaccrualAllowanceForCreditLoss
278000 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2022Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
3481602000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
2662307000 usd
CY2023Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
55400000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
31400000 usd
CY2023Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
882708000 usd
CY2023Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1403691000 usd
CY2023Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
727607000 usd
CY2023Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
222519000 usd
CY2023Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
115195000 usd
CY2023Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
129882000 usd
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
3481602000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6123923000 usd
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
241968000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5194755000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
214431000 usd
CY2023Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
301100000 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
168900000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
130200000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.08
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10341000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
15.13
nova Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm
P9Y8M26D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.85
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
13.22
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
132000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
138941 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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116236741 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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116236741 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.61
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M9D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13561000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2663597 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
16.43
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y3M25D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
10734000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
17.61
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y4M9D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
13561000 usd
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
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CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
10.90
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
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CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
0 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
16816 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
16816 shares
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
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CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
309000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
309000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
11200000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-86091000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-41137000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-41137000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-167174000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-167174000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-76195000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-76195000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.74
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.45
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114548970 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114548970 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115658570 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115658570 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
114027097 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114027097 shares
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
692000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
693000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1384000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1385000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
249000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
186000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
479000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
361000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
20000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
13000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
38000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
27000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000 usd
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
33000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
66000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
60000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
235000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
267000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
468000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
522000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
1235000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
1192000 usd
us-gaap Lease Cost
LeaseCost
2435000 usd
us-gaap Lease Cost
LeaseCost
2355000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
13677000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
14706000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2897000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2476000 usd
CY2023Q2 nova Lease Right Of Use Asset
LeaseRightOfUseAsset
16574000 usd
CY2022Q4 nova Lease Right Of Use Asset
LeaseRightOfUseAsset
17182000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2510000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2451000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
945000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
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796000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14729000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15751000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1120000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
957000 usd
CY2023Q2 nova Lease Liability
LeaseLiability
19304000 usd
CY2022Q4 nova Lease Liability
LeaseLiability
19955000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1319000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
809000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
38000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
27000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
439000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
406000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
901000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
570000 usd
nova Operating Leases Leasehold Improvements Reimbursements
OperatingLeasesLeaseholdImprovementsReimbursements
225000 usd
nova Operating Leases Leasehold Improvements Reimbursements
OperatingLeasesLeaseholdImprovementsReimbursements
45000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y1M17D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M6D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y6M14D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M9D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0395
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0395
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0527
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0437
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1607000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
560000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3118000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
881000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3168000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
504000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3236000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
220000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3304000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
56000 usd
CY2023Q2 nova Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5485000 usd
CY2023Q2 nova Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
0 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
19918000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2221000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2283000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
156000 usd
CY2023Q2 nova Lessee Operating Lease Leasehold Incentive
LesseeOperatingLeaseLeaseholdIncentive
396000 usd
CY2023Q2 nova Finance Lease Liability Leasehold Incentives
FinanceLeaseLiabilityLeaseholdIncentives
0 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
17239000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
2065000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2510000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
945000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14729000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
1120000 usd
CY2023Q2 us-gaap Other Commitment
OtherCommitment
173800000 usd
CY2022Q4 us-gaap Other Commitment
OtherCommitment
121300000 usd
CY2023Q2 nova Payments For Other Commitments
PaymentsForOtherCommitments
31100000 usd
CY2022Q2 nova Payments For Other Commitments
PaymentsForOtherCommitments
13700000 usd
nova Payments For Other Commitments
PaymentsForOtherCommitments
55700000 usd
nova Payments For Other Commitments
PaymentsForOtherCommitments
26900000 usd
CY2021Q4 nova Purchase Obligation Megawatt Hours
PurchaseObligationMegawattHours
1420 mwh
CY2023Q2 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
334600000 usd
CY2023Q2 nova Payments For Purchase Obligations
PaymentsForPurchaseObligations
40100000 usd
CY2022Q2 nova Payments For Purchase Obligations
PaymentsForPurchaseObligations
43900000 usd
nova Payments For Purchase Obligations
PaymentsForPurchaseObligations
118500000 usd
nova Payments For Purchase Obligations
PaymentsForPurchaseObligations
85700000 usd
CY2023Q2 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
24111000 usd
CY2023Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
7049000 usd
CY2023Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1682000 usd
CY2023Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
0 usd
CY2023Q2 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
0 usd
CY2023Q2 nova Contractual Obligation To Be Paid After Year Four
ContractualObligationToBePaidAfterYearFour
0 usd
CY2023Q2 us-gaap Contractual Obligation
ContractualObligation
32842000 usd
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
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0001772695-23-000080-index.html Edgar Link pending
0001772695-23-000080.txt Edgar Link pending
0001772695-23-000080-xbrl.zip Edgar Link pending
exhibit102-amendmenttoearn.htm Edgar Link pending
exhibit311-q22023.htm Edgar Link pending
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