2021 Q2 Form 10-Q Financial Statement
#000155837021008486 Filed on June 22, 2021
Income Statement
Concept | 2021 Q2 | 2021 Q1 | 2020 Q1 |
---|---|---|---|
Revenue | $124.6M | $71.96M | $40.82M |
YoY Change | 83.19% | 76.29% | 89.77% |
Cost Of Revenue | $164.9M | $84.13M | $50.52M |
YoY Change | 142.4% | 66.52% | 72.72% |
Gross Profit | -$40.30M | -$12.17M | -$9.703M |
YoY Change | 268553.33% | 25.44% | 25.36% |
Gross Profit Margin | -32.35% | -16.91% | -23.77% |
Selling, General & Admin | $38.65M | $25.58M | $11.11M |
YoY Change | 78.58% | 130.25% | 20.48% |
% of Gross Profit | |||
Research & Development | $11.25M | $9.742M | $4.774M |
YoY Change | 130.8% | 104.06% | 58.82% |
% of Gross Profit | |||
Depreciation & Amortization | $4.590M | $5.514M | $2.991M |
YoY Change | 39.09% | 84.35% | 8.84% |
% of Gross Profit | |||
Operating Expenses | $49.34M | $36.11M | $15.88M |
YoY Change | 86.07% | 127.36% | 29.9% |
Operating Profit | -$89.64M | -$48.28M | -$25.59M |
YoY Change | 237.84% | 88.7% | 28.14% |
Interest Expense | $10.27M | $12.33M | $11.79M |
YoY Change | -23.19% | 4.62% | -212.28% |
% of Operating Profit | |||
Other Income/Expense, Net | -$100.0K | -$200.0K | -$11.85M |
YoY Change | -99.26% | -98.31% | 40.12% |
Pretax Income | -$99.63M | -$60.75M | -$37.43M |
YoY Change | 272.16% | 62.28% | 22.54% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$99.63M | -$60.75M | -$37.43M |
YoY Change | 959.82% | 62.28% | 22.54% |
Net Earnings / Revenue | -79.99% | -84.42% | -91.7% |
Basic Earnings Per Share | -$0.12 | ||
Diluted Earnings Per Share | -$175.7K | -$0.12 | -$122.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 568.3M | 513.5M | |
Diluted Shares Outstanding | 513.5M |
Balance Sheet
Concept | 2021 Q2 | 2021 Q1 | 2020 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.403B | $4.754B | $74.30M |
YoY Change | 2787.14% | 6298.82% | 89.06% |
Cash & Equivalents | $3.160B | $4.349B | $74.34M |
Short-Term Investments | $1.243B | $405.3M | |
Other Short-Term Assets | $262.4M | $111.5M | $85.30M |
YoY Change | 220.0% | 30.72% | 188.18% |
Inventory | $209.8M | $187.7M | $92.97M |
Prepaid Expenses | |||
Receivables | $91.40M | $42.60M | $24.40M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $4.966B | $5.096B | $277.4M |
YoY Change | 1157.59% | 1737.46% | 66.37% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $110.5M | $292.8M | $269.4M |
YoY Change | -66.99% | 8.69% | 73.25% |
Goodwill | $72.10M | $72.00M | $8.673M |
YoY Change | 2.62% | 730.16% | -2.4% |
Intangibles | $38.05M | $38.39M | $5.696M |
YoY Change | -2.37% | 574.03% | 54.91% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $360.2M | $286.9M | $188.1M |
YoY Change | 87.7% | 52.53% | 204.86% |
Total Long-Term Assets | $822.4M | $690.1M | $354.0M |
YoY Change | 63.24% | 94.93% | 82.38% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.966B | $5.096B | $277.4M |
Total Long-Term Assets | $822.4M | $690.1M | $354.0M |
Total Assets | $5.789B | $5.786B | $631.4M |
YoY Change | 544.12% | 816.47% | 74.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $70.03M | $47.17M | $35.50M |
YoY Change | 75.89% | 32.86% | 12.04% |
Accrued Expenses | $35.41M | $28.60M | $14.87M |
YoY Change | 48.03% | 92.3% | 128.45% |
Deferred Revenue | $27.00M | $16.95M | $11.56M |
YoY Change | 81.21% | 46.65% | -1.53% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $30.40M | $21.39M | $27.82M |
YoY Change | -40.31% | -23.11% | 121.51% |
Total Short-Term Liabilities | $251.1M | $191.8M | $133.6M |
YoY Change | 33.86% | 43.61% | 57.99% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $496.4M | $490.8M | $192.0M |
YoY Change | 103.03% | 155.63% | 39.43% |
Other Long-Term Liabilities | $42.97M | $40.43M | $2.386M |
YoY Change | 196.86% | 1594.43% | -36.31% |
Total Long-Term Liabilities | $42.97M | $40.43M | $2.386M |
YoY Change | 196.86% | 1594.43% | -36.31% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $251.1M | $191.8M | $133.6M |
Total Long-Term Liabilities | $42.97M | $40.43M | $2.386M |
Total Liabilities | $958.0M | $867.2M | $526.3M |
YoY Change | 44.24% | 64.78% | 56.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$2.097B | $9.600M | -$1.388B |
YoY Change | 50.11% | -100.69% | 6.99% |
Common Stock | $5.868M | $5.823M | $3.222M |
YoY Change | 68.52% | 80.73% | 31.78% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $40.43M | $40.43M | $31.22M |
YoY Change | 28.94% | 29.5% | 1.92% |
Treasury Stock Shares | $15.93M | $15.93M | |
Shareholders Equity | $4.831B | $4.919B | $104.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.789B | $5.786B | $631.4M |
YoY Change | 544.12% | 816.47% | 74.98% |
Cashflow Statement
Concept | 2021 Q2 | 2021 Q1 | 2020 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$99.63M | -$60.75M | -$37.43M |
YoY Change | 959.82% | 62.28% | 22.54% |
Depreciation, Depletion And Amortization | $4.590M | $5.514M | $2.991M |
YoY Change | 39.09% | 84.35% | 8.84% |
Cash From Operating Activities | -$129.5M | -$117.1M | -$60.40M |
YoY Change | 151.58% | 93.87% | 69.2% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$27.45M | $9.879M | $2.507M |
YoY Change | 459.06% | 294.06% | 70.78% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$959.4M | -$405.2M | |
YoY Change | 2018.33% | ||
Cash From Investing Activities | -$986.8M | -$418.4M | -$6.355M |
YoY Change | 1866.21% | 6483.46% | 179.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $3.588B | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 12.92M | 3.594B | 4.470M |
YoY Change | -92.73% | 80311.03% | -87.95% |
NET CHANGE | |||
Cash From Operating Activities | -129.5M | -117.1M | -60.40M |
Cash From Investing Activities | -986.8M | -418.4M | -6.355M |
Cash From Financing Activities | 12.92M | 3.594B | 4.470M |
Net Change In Cash | -1.103B | 3.059B | -62.29M |
YoY Change | -1550.58% | -5010.97% | 6655.53% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$129.5M | -$117.1M | -$60.40M |
Capital Expenditures | -$27.45M | $9.879M | $2.507M |
Free Cash Flow | -$102.1M | -$127.0M | -$62.91M |
YoY Change | 119.17% | 101.84% | 69.26% |
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|
50522000 | |
CY2021Q1 | us-gaap |
Gross Profit
GrossProfit
|
-12171000 | |
CY2020Q1 | us-gaap |
Gross Profit
GrossProfit
|
-9703000 | |
CY2021Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
9742000 | |
CY2020Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4774000 | |
CY2021Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
25579000 | |
CY2020Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
11109000 | |
CY2021Q1 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
790000 | |
CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
36111000 | |
CY2020Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
15883000 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-48282000 | |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-25586000 | |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
12266000 | |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
11789000 | |
CY2021Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
198000 | |
CY2020Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
57000 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-60746000 | |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-37432000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-60746000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37432000 | |
CY2020Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
13000 | |
CY2021Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-60746000 | |
CY2020Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-37445000 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.12 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.12 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
513458287 | |
CY2020Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
305192201 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-60746000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37432000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1123000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-236000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
-92000 | |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-61777000 | |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-37668000 | |
CY2020Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
13000 | |
CY2021Q1 | plug |
Comprehensive Income Loss Attributable To Common Stockholders
ComprehensiveIncomeLossAttributableToCommonStockholders
|
-61777000 | |
CY2020Q1 | plug |
Comprehensive Income Loss Attributable To Common Stockholders
ComprehensiveIncomeLossAttributableToCommonStockholders
|
-37681000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1466919000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-60746000 | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1031000 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
9695000 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2023188000 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4709000 | |
CY2021Q1 | plug |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
15445000 | |
CY2021Q1 | plug |
Equity Provision For Common Stock Warrants
EquityProvisionForCommonStockWarrants
|
1601000 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4919063000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
129904000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37432000 | |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-236000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3045000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
6104000 | |
CY2020Q1 | plug |
Equity Provision For Common Stock Warrants
EquityProvisionForCommonStockWarrants
|
2566000 | |
CY2020Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
28000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
469000 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
104392000 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-60746000 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37432000 | |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
5514000 | |
CY2020Q1 | us-gaap |
Depreciation
Depreciation
|
2991000 | |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
364000 | |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
175000 | |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9695000 | |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3045000 | |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1092000 | |
CY2020Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2716000 | |
CY2021Q1 | plug |
Amortization Of Warrant Cost
AmortizationOfWarrantCost
|
-1705000 | |
CY2020Q1 | plug |
Amortization Of Warrant Cost
AmortizationOfWarrantCost
|
-2566000 | |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
361000 | |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
128000 | |
CY2021Q1 | plug |
Increase Decrease In Fair Value Of Contingent Consideration
IncreaseDecreaseInFairValueOfContingentConsideration
|
-790000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-109000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1034000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
46791000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
20581000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4641000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
10794000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-23516000 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3374000 | |
CY2021Q1 | plug |
Increase Decrease In Customer Liability
IncreaseDecreaseInCustomerLiability
|
1267000 | |
CY2020Q1 | plug |
Increase Decrease In Customer Liability
IncreaseDecreaseInCustomerLiability
|
-620000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-117099000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-60402000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9879000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2507000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
3332000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
3848000 | |
CY2021Q1 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
405168000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-418379000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6355000 | |
CY2021Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
15445000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3587825000 | |
CY2021Q1 | plug |
Proceeds Payments From Stock Options Exercised
ProceedsPaymentsFromStockOptionsExercised
|
4709000 | |
CY2020Q1 | plug |
Proceeds Payments From Stock Options Exercised
ProceedsPaymentsFromStockOptionsExercised
|
6104000 | |
CY2020Q1 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
5315000 | |
CY2021Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
14461000 | |
CY2021Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9806000 | |
CY2020Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
5343000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
10661000 | |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
9024000 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3594373000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4470000 | |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-51000 | |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3058844000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-62286000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1634284000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
369500000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4693128000 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
307214000 | |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2608000 | |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5155000 | |
CY2021Q1 | plug |
Recognition Of Right Of Use Asset For Finance Leases
RecognitionOfRightOfUseAssetForFinanceLeases
|
5292000 | |
CY2021Q1 | plug |
Recognition Of Right Of Use Asset For Operating Leases
RecognitionOfRightOfUseAssetForOperatingLeases
|
12720000 | |
CY2020Q1 | plug |
Recognition Of Right Of Use Asset For Operating Leases
RecognitionOfRightOfUseAssetForOperatingLeases
|
340000 | |
CY2020Q1 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
441000 | |
CY2021Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
15345000 | |
CY2021Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">1. </b><b style="font-weight:bold;">Nature of Operations</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">Plug Power is facilitating the paradigm shift to an increasingly electrified world by innovating cutting-edge hydrogen and fuel cell solutions. In our core business, we provide and continue to develop commercially viable hydrogen and fuel cell product solutions to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some of the world’s largest retail-distribution and manufacturing businesses. We are focusing our efforts on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites where we believe our products and services provide a unique combination of productivity, flexibility, and environmental benefits. Additionally, we manufacture and sell fuel cell products to replace batteries and diesel generators in stationary backup power applications. These products have proven valuable with telecommunications, transportation, and utility customers as robust, reliable, and sustainable power solutions.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Our current products and services include:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">GenDrive: GenDrive is our hydrogen fueled Proton Exchange Membrane (“PEM”) fuel cell system providing power to material handling electric vehicles, including class 1, 2, 3 and 6 electric forklifts, Automated Guided Vehicles (“AGVs”) and ground support equipment;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">GenFuel: GenFuel is our liquid hydrogen fueling delivery, generation, storage, and dispensing system;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">GenCare: GenCare is our ongoing ‘internet of things’-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products and ProGen fuel cell engines;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">GenSure: GenSure is our stationary fuel cell solution providing scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; GenSure High Power Fuel Cell Platform will support large scale stationary power and data center markets;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">GenKey: GenKey is our vertically integrated “turn-key” solution combining either GenDrive or GenSure fuel cell power with GenFuel fuel and GenCare aftermarket service, offering complete simplicity to customers transitioning to fuel cell power;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">ProGen: ProGen is our fuel cell stack and engine technology currently used globally in mobility and stationary fuel cell systems, and as engines in electric delivery vans. This includes the Plug Power membrane electrode assembly (“MEA”), a critical component of the fuel cell stack used in zero-emission fuel cell electric vehicle engines; and</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 36pt;">GenFuel Electrolyzers: <span style="background-color:#ffffff;color:#333333;">GenFuel electrolyzers are modular, scalable hydrogen generators optimized for clean hydrogen production. </span>Electrolyzers generate hydrogen from water using electricity and a special membrane and “green” hydrogen is generated by using renewable energy inputs, such as solar or wind power.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">We provide our products worldwide through our direct product sales force, and by leveraging relationships with original equipment manufacturers (“OEMs”) and their dealer networks. Plug Power is targeting Asia and Europe for expansion in adoption. Europe has rolled out ambitious targets for the hydrogen economy and Plug Power is executing on its strategy to become one of the European leaders. This includes a targeted account strategy for material handling as well as securing strategic partnerships with European OEMs, energy companies, utility leaders and accelerating our electrolyzer business. We manufacture our commercially viable products in Latham, New York, Rochester, New York and Spokane, Washington and support liquid hydrogen generation and logistics in Charleston, Tennessee.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p> | |
CY2021Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><b style="font-weight:bold;">Restatement </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">As previously disclosed in the Explanatory Note to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the “2020 10-K”), the Company restated its previously issued audited consolidated financial statements as of and for the years ended December 31, 2019 and 2018 and its unaudited quarterly consolidated financial statements as of and for each of the quarterly periods ended March 31, 2020 and 2019, June 30, 2020 and 2019, September 30, 2020 and 2019 and December 31, 2019. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;">Previously filed annual reports on Form 10-K and quarterly reports on Form 10-Q for the periods affected by the restatement have not been amended. Accordingly, investors should not rely upon the Company’s previously released financial statements for these periods and any earnings releases or other communications relating to these periods, and, for these periods, investors should rely solely on the financial statements and other financial data for the relevant periods included in the 2020 10-K. Commencing with this quarterly report on Form 10-Q, we will include in our quarterly reports for fiscal 2021 restated results for the corresponding interim periods of fiscal 2020.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="font-weight:bold;visibility:hidden;"></span></p> | |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0375 | |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0375 | |
CY2021Q1 | us-gaap |
Convertible Debt
ConvertibleDebt
|
120700000 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9600000 | |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
130200000 | |
CY2020Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
24013000 | |
CY2019Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
3702000 | |
CY2021Q1 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
1485000 | |
CY2020 | us-gaap |
Loss Contingency Accrual Provision
LossContingencyAccrualProvision
|
35473000 | |
CY2021Q1 | plug |
Loss Contingency Accrual Payments Related To Service Cost Of Sales
LossContingencyAccrualPaymentsRelatedToServiceCostOfSales
|
-1846000 | |
CY2020 | plug |
Loss Contingency Accrual Payments Related To Service Cost Of Sales
LossContingencyAccrualPaymentsRelatedToServiceCostOfSales
|
-2348000 | |
CY2020 | plug |
Loss Contingency Accrual Payments Related To Provision For Warrants
LossContingencyAccrualPaymentsRelatedToProvisionForWarrants
|
-12814000 | |
CY2021Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
23652000 | |
CY2020Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
24013000 | |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
142872691 | |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
196893462 | |
CY2020Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
16000000.0 | |
CY2021Q1 | plug |
Inventory Raw Materials And Supplies Production Locations Net Of Reserves
InventoryRawMaterialsAndSuppliesProductionLocationsNetOfReserves
|
123450000 | |
CY2020Q4 | plug |
Inventory Raw Materials And Supplies Production Locations Net Of Reserves
InventoryRawMaterialsAndSuppliesProductionLocationsNetOfReserves
|
92221000 | |
CY2021Q1 | plug |
Inventory Raw Materials And Supplies Customer Locations Net Of Reserves
InventoryRawMaterialsAndSuppliesCustomerLocationsNetOfReserves
|
12538000 | |
CY2020Q4 | plug |
Inventory Raw Materials And Supplies Customer Locations Net Of Reserves
InventoryRawMaterialsAndSuppliesCustomerLocationsNetOfReserves
|
12405000 | |
CY2021Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
46118000 | |
CY2020Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
29349000 | |
CY2021Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
5626000 | |
CY2020Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
5411000 | |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
187732000 | |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
139386000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4336000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
39251000 | |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
400000 | |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | |
CY2021Q1 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
90878000 | |
CY2020Q4 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
92736000 | |
CY2021Q1 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseAccumulatedDepreciation
|
16664000 | |
CY2020Q4 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseAccumulatedDepreciation
|
16929000 | |
CY2021Q1 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease After Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation
|
74214000 | |
CY2020Q4 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease After Accumulated Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation
|
75807000 | |
CY2021Q1 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseDepreciation
|
1800000 | |
CY2020Q1 | plug |
Property Plant And Equipment Lessor Asset Under Operating Lease Depreciation
PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseDepreciation
|
2100000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
|
106614000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
|
96735000 | |
CY2021Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
23791000 | |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
22186000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
|
82823000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
|
74549000 | |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
1600000 | |
CY2020Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
900000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
42982000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4589000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
38393000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
43587000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1093000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1458000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1458000 | |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1436000 | |
CY2021Q1 | plug |
Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
|
3948000 | |
CY2021Q1 | plug |
Finite Lived Intangible Assets Amortization Expense Net
FiniteLivedIntangibleAssetsAmortizationExpenseNet
|
9393000 | |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
72000000.0 | |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
72400000 | |
CY2021Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-400000 | |
CY2020 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-400000 | |
CY2021Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2021Q1 | plug |
Secured Debt Percentage Of Securities In Foreign Subsidiaries Securing Debt
SecuredDebtPercentageOfSecuritiesInForeignSubsidiariesSecuringDebt
|
0.65 | |
CY2021Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
127317000 | |
CY2021Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
93321000 | |
CY2021Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
62920000 | |
CY2021Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
33692000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000.0 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q1 | plug |
Number Of Votes Per Share
NumberOfVotesPerShare
|
1 | |
CY2020Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
43700000 | |
CY2020Q4 | us-gaap |
Share Price
SharePrice
|
22.25 | |
CY2020Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
927300000 | |
CY2020Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
35276250 | |
CY2020Q3 | us-gaap |
Share Price
SharePrice
|
10.25 | |
CY2020Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
344400000 | |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
566385952 | |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
458051920 | |
CY2021Q1 | plug |
Class Of Warrant Or Right Exercised
ClassOfWarrantOrRightExercised
|
16489014 | |
CY2020Q4 | plug |
Warrants Assumptions Risk Free Interest Rate
WarrantsAssumptionsRiskFreeInterestRate
|
0.0058 | |
CY2020Q4 | plug |
Warrants Assumptions Risk Free Interest Rate
WarrantsAssumptionsRiskFreeInterestRate
|
0.0058 | |
CY2020Q4 | plug |
Warrant Assumption Volatility Rate
WarrantAssumptionVolatilityRate
|
0.7500 | |
CY2020Q4 | plug |
Warrant Assumption Volatility Rate
WarrantAssumptionVolatilityRate
|
0.7500 | |
CY2020 | plug |
Warrants Assumption Expected Average Term
WarrantsAssumptionExpectedAverageTerm
|
P6Y3M3D | |
CY2020Q4 | plug |
Warrants Assumption Expected Average Term
WarrantsAssumptionExpectedAverageTerm
|
P6Y5M1D | |
CY2020Q4 | plug |
Warrants Assumptions Exercise Price
WarrantsAssumptionsExercisePrice
|
13.81 | |
CY2020Q4 | plug |
Warrants Assumptions Exercise Price
WarrantsAssumptionsExercisePrice
|
13.81 | |
CY2020Q4 | plug |
Warrants Assumptions Stock Price
WarrantsAssumptionsStockPrice
|
33.91 | |
CY2020Q4 | plug |
Warrants Assumptions Stock Price
WarrantsAssumptionsStockPrice
|
15.47 | |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
71958000 | |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
40819000 | |
CY2021Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
42632000 | |
CY2020Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
43041000 | |
CY2021Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
17009000 | |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
18189000 | |
CY2021Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
72897000 | |
CY2020Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
76285000 | |
CY2021Q1 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
2625000 | |
CY2021Q1 | plug |
Contract With Customer Asset Revenue Recognized And Unbilled
ContractWithCustomerAssetRevenueRecognizedAndUnbilled
|
1445000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
1180000 | |
CY2021Q1 | plug |
Contract With Customer Asset Increase Decrease For Cash Received
ContractWithCustomerAssetIncreaseDecreaseForCashReceived
|
13045000 | |
CY2021Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
-16433000 | |
CY2021Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
3388000 | |
CY2021Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
494443000 | |
CY2021Q1 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
1700000 | |
CY2020Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
1500000 | |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | |
CY2020Q1 | us-gaap |
Cash
Cash
|
4300000000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
24082000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1874000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability To Be Paid Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityToBePaidRemainderOfFiscalYear
|
25956000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
29050000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
2471000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability To Be Paid Next Twelve Months
OperatingAndFinanceLeaseLiabilityToBePaidNextTwelveMonths
|
31521000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
29107000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
2446000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability To Be Paid Year Two
OperatingAndFinanceLeaseLiabilityToBePaidYearTwo
|
31553000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
29097000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
2529000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability To Be Paid Year Three
OperatingAndFinanceLeaseLiabilityToBePaidYearThree
|
31626000 | |
CY2021Q1 | plug |
Lessee Operating Lease Liability Payments Due Year Four And After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFourAndAfterYearFour
|
56232000 | |
CY2021Q1 | plug |
Finance Lease Liability Payments Due Year Four And After Year Four
FinanceLeaseLiabilityPaymentsDueYearFourAndAfterYearFour
|
3103000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability To Be Paid Year Four And After Year Four
OperatingAndFinanceLeaseLiabilityToBePaidYearFourAndAfterYearFour
|
59335000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
167568000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
12423000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability Payment Due Total
OperatingAndFinanceLeaseLiabilityPaymentDueTotal
|
179991000 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
45257000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
2122000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
|
47379000 | |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
122311000 | |
CY2021Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10301000 | |
CY2021Q1 | plug |
Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
|
132612000 | |
CY2021Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
8000000.0 | |
CY2020Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4800000 | |
CY2021Q1 | us-gaap |
Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
|
16000000.0 | |
CY2020Q1 | us-gaap |
Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
|
5300000 | |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
11900000 | |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
5200000 | |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
124500000 | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
117000000.0 | |
CY2021Q1 | plug |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
50300000 | |
CY2020Q4 | plug |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
48600000 | |
CY2021Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
11300000 | |
CY2020Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
5700000 | |
CY2021Q1 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
143000 | |
CY2020Q4 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
102000 | |
CY2021Q1 | plug |
Prepaid Rent And Security Deposit
PrepaidRentAndSecurityDeposit
|
2400000 | |
CY2020Q4 | plug |
Prepaid Rent And Security Deposit
PrepaidRentAndSecurityDeposit
|
5800000 | |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
6734000 | |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
8199000 | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y9M7D | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y2M19D | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.116 | |
CY2020Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.120 | |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
5600000 | |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | |
CY2021Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
433000000 | |
CY2020Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
78000000 | |
CY2021Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y1M6D | |
CY2020Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y6M3D | |
CY2021Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.072 | |
CY2020Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.088 | |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
405168000 | |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
160000 | |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
68000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
405260000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
375804000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
375927000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
29364000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
29333000 | |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
405168000 | |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
405260000 | |
CY2021Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
198600000 |