$SLDP
Solid Power, Inc.

2022 Q4 Form 10-Q Financial Statement

#000110465922116207 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $4.198M $2.813M $628.0K
YoY Change 302.49% 347.93% 9.79%
Cost Of Revenue $1.031M $3.544M $709.0K
YoY Change -21.24% 399.86% 51.82%
Gross Profit $3.167M -$731.0K -$81.00K
YoY Change -1290.6% 802.47% -177.14%
Gross Profit Margin 75.44% -25.99% -12.9%
Selling, General & Admin $6.897M $4.294M $4.000M
YoY Change -5.05% 7.35% 554.66%
% of Gross Profit 217.78%
Research & Development $13.78M $9.710M $4.400M
YoY Change 115.56% 120.68% 84.56%
% of Gross Profit 435.14%
Depreciation & Amortization $2.433M $1.690M $1.673M
YoY Change 254.15% 1.02% 13.73%
% of Gross Profit 76.82%
Operating Expenses $20.68M $18.41M $8.400M
YoY Change 177.3% 119.19% 180.47%
Operating Profit -$17.51M -$15.60M -$2.956M
YoY Change 126.74% 427.75% 2.27%
Interest Expense $14.68M $12.00K -$14.00K
YoY Change -71.35% -185.71% -84.09%
% of Operating Profit
Other Income/Expense, Net $2.197M $3.116M -$2.000K
YoY Change -539.4% -155900.0%
Pretax Income -$635.0K -$12.48M -$8.497M
YoY Change -101.48% 46.91% 185.33%
Income Tax -$156.0K -$84.00K -$47.00K
% Of Pretax Income
Net Earnings -$479.0K -$12.40M $5.787M
YoY Change -101.12% -314.26% -292.7%
Net Earnings / Revenue -11.41% -440.77% 921.48%
Basic Earnings Per Share -$0.07 -$0.08
Diluted Earnings Per Share $0.00 -$0.07 -$50.43K
COMMON SHARES
Basic Shares Outstanding 0.000 174.5M 102.4M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $323.1M $368.5M $109.3M
YoY Change -45.18% 237.27%
Cash & Equivalents $50.12M $97.70M $109.3M
Short-Term Investments $273.0M $270.8M
Other Short-Term Assets $2.888M $2.444M $1.103M
YoY Change -31.5% 121.58%
Inventory
Prepaid Expenses
Receivables $1.840M $3.301M $642.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $327.8M $374.3M $111.0M
YoY Change -44.85% 237.14%
LONG-TERM ASSETS
Property, Plant & Equipment $82.76M $74.38M $13.41M
YoY Change 274.79% 454.88%
Goodwill $0.00
YoY Change
Intangibles $1.108M $921.0K
YoY Change 79.0%
Long-Term Investments $173.0M $139.0M
YoY Change
Other Assets $1.148M $1.178M
YoY Change 90.7%
Total Long-Term Assets $266.6M $223.5M $13.84M
YoY Change 1044.22% 1515.43%
TOTAL ASSETS
Total Short-Term Assets $327.8M $374.3M $111.0M
Total Long-Term Assets $266.6M $223.5M $13.84M
Total Assets $594.4M $597.8M $124.9M
YoY Change -3.76% 378.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.07M $9.946M $1.293M
YoY Change 132.78% 669.22%
Accrued Expenses $6.333M $4.753M $1.899M
YoY Change 85.18% 150.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.000K $24.00K $1.231M
YoY Change -94.17% -98.05%
Total Short-Term Liabilities $20.73M $15.15M $4.481M
YoY Change 147.82% 238.18%
LONG-TERM LIABILITIES
Long-Term Debt $602.0K $2.000K $569.0K
YoY Change 5920.0% -99.65%
Other Long-Term Liabilities $17.74M $28.97M $265.0K
YoY Change 4413.74% 10832.45%
Total Long-Term Liabilities $18.34M $2.000K $834.0K
YoY Change 4451.12% -99.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.73M $15.15M $4.481M
Total Long-Term Liabilities $18.34M $2.000K $834.0K
Total Liabilities $39.07M $44.83M $5.479M
YoY Change -33.79% 718.18%
SHAREHOLDERS EQUITY
Retained Earnings -$19.09M -$18.61M -$54.36M
YoY Change 100.21% -65.76%
Common Stock $577.6M $575.4M $131.00
YoY Change 1.66% 439235777.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $555.4M $553.0M -$54.36M
YoY Change
Total Liabilities & Shareholders Equity $594.4M $597.8M $350.8M
YoY Change -3.76% 70.38%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$479.0K -$12.40M $5.787M
YoY Change -101.12% -314.26% -292.7%
Depreciation, Depletion And Amortization $2.433M $1.690M $1.673M
YoY Change 254.15% 1.02% 13.73%
Cash From Operating Activities -$3.338M -$7.528M -$18.03M
YoY Change -54.93% -58.25% 148.12%
INVESTING ACTIVITIES
Capital Expenditures $10.57M -$17.04M -$6.762M
YoY Change -269.52% 151.97% 595.68%
Acquisitions
YoY Change
Other Investing Activities -$33.63M -$179.6M
YoY Change -55.68%
Cash From Investing Activities -$44.20M -$196.6M -$6.762M
YoY Change -46.17% 2807.78% 595.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -36.00K 249.0K 129.1M
YoY Change -100.01% -99.81% 26462.35%
NET CHANGE
Cash From Operating Activities -3.338M -7.528M -18.03M
Cash From Investing Activities -44.20M -196.6M -6.762M
Cash From Financing Activities -36.00K 249.0K 129.1M
Net Change In Cash -47.58M -203.9M 104.3M
YoY Change -111.77% -295.5% -1445.09%
FREE CASH FLOW
Cash From Operating Activities -$3.338M -$7.528M -$18.03M
Capital Expenditures $10.57M -$17.04M -$6.762M
Free Cash Flow -$13.91M $9.510M -$11.27M
YoY Change 1087.79% -184.38% 79.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
619000
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
175025984
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
102389770
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
173859649
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
87258952
dei Entity Central Index Key
EntityCentralIndexKey
0001844862
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
175025984
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
102389770
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
173859649
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
87258952
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
231000
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
15154000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Assets
Assets
597779000
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
0
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
167557988
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
175741566
sldp Trading Days Considered In Calculation Of Fair Market Value
TradingDaysConsideredInCalculationOfFairMarketValue
P10D
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
602000
CY2022Q3 us-gaap Long Term Investments
LongTermInvestments
139034000
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
921000
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-40284
dei Entity Registrant Name
EntityRegistrantName
SOLID POWER, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-1888095
dei Entity Address Address Line1
EntityAddressAddressLine1
486 S. Pierce Ave., Suite E
dei Entity Address City Or Town
EntityAddressCityOrTown
Louisville
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80027
dei City Area Code
CityAreaCode
303
dei Local Phone Number
LocalPhoneNumber
219-0720
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
97700000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
513447000
CY2022Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
270839000
CY2021Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
75885000
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3301000
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
829000
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2444000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4216000
CY2022Q3 us-gaap Assets Current
AssetsCurrent
374284000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
594377000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
74381000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22082000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7181000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
800000
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1178000
CY2021Q4 us-gaap Assets
Assets
617680000
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
9946000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4326000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
24000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
120000
CY2022Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
200000
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
500000
CY2022Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
2905000
CY2021Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1151000
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1157000
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
226000
CY2022Q3 us-gaap Liabilities
Liabilities
44828000
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2269000
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
691000
CY2021Q4 us-gaap Liabilities
Liabilities
59015000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
18412000
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
9109000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8366000
CY2022Q3 sldp Long Term Debt Noncurrent Excluding Long Term Convertible Notes Payable
LongTermDebtNoncurrentExcludingLongTermConvertibleNotesPayable
2000
CY2021Q4 sldp Long Term Debt Noncurrent Excluding Long Term Convertible Notes Payable
LongTermDebtNoncurrentExcludingLongTermConvertibleNotesPayable
10000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7134000
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
545000
CY2022Q3 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
21837000
CY2021Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
50020000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
393000
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
156000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
175741566
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
167557988
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
18000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
17000
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
575381000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
568183000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3837000
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-18611000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-9535000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
552951000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
558665000
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
597779000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
617680000
CY2022Q3 us-gaap Revenues
Revenues
2813000
CY2021Q3 us-gaap Revenues
Revenues
628000
us-gaap Revenues
Revenues
7591000
us-gaap Revenues
Revenues
1669000
CY2022Q3 sldp Direct Operating Costs1
DirectOperatingCosts1
3544000
CY2021Q3 sldp Direct Operating Costs1
DirectOperatingCosts1
709000
sldp Direct Operating Costs1
DirectOperatingCosts1
8561000
sldp Direct Operating Costs1
DirectOperatingCosts1
1764000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9710000
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4400000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24811000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10709000
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
864000
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
729000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2615000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1819000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4294000
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3271000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13212000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6200000
us-gaap Operating Expenses
OperatingExpenses
49199000
us-gaap Operating Expenses
OperatingExpenses
20492000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-15599000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-8481000
us-gaap Operating Income Loss
OperatingIncomeLoss
-41608000
us-gaap Operating Income Loss
OperatingIncomeLoss
-18823000
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1777000
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
18000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2713000
us-gaap Investment Income Interest
InvestmentIncomeInterest
27000
CY2022Q3 us-gaap Interest Expense
InterestExpense
12000
CY2021Q3 us-gaap Interest Expense
InterestExpense
32000
us-gaap Interest Expense
InterestExpense
22000
us-gaap Interest Expense
InterestExpense
374000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1351000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1587000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3102000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-28183000
us-gaap Embedded Derivative Loss On Embedded Derivative
EmbeddedDerivativeLossOnEmbeddedDerivative
2680000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3116000
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-16000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
32461000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6129000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12483000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8497000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9147000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24952000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-84000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-47000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-71000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-88000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-12399000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-8450000
us-gaap Net Income Loss
NetIncomeLoss
-9076000
us-gaap Net Income Loss
NetIncomeLoss
-24864000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2546000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3837000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14945000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8450000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12913000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24864000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
175025984
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102389770
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173859649
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87258952
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
558665000
us-gaap Net Income Loss
NetIncomeLoss
3323000
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
12000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
433000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3910000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1291000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
58000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
564970000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-12399000
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
338000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2588000
CY2022Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-2546000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
552951000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
3872000
us-gaap Net Income Loss
NetIncomeLoss
-16414000
us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
4875000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
140439000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
70000
sldp Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
15000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
217000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
127033000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-8450000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
32000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
758000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
119373000
us-gaap Net Income Loss
NetIncomeLoss
-9076000
us-gaap Net Income Loss
NetIncomeLoss
-24864000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3437000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1673000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
51000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4000
us-gaap Share Based Compensation
ShareBasedCompensation
6498000
us-gaap Share Based Compensation
ShareBasedCompensation
975000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-71000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-88000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-28183000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1170000
sldp Accrued Interest On Convertible Notes Payable To Be Paid In Kind
AccruedInterestOnConvertibleNotesPayableToBePaidInKind
263000
us-gaap Embedded Derivative Loss On Embedded Derivative
EmbeddedDerivativeLossOnEmbeddedDerivative
2680000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
2473000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
365000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2101000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
876000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2215000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1070000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-300000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
20000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
719000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1530000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
192000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-55000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30486000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18033000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
47915000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6573000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
448757000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
111198000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
308000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
189000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-385782000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6762000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
957000
us-gaap Repayments Of Debt
RepaymentsOfDebt
104000
us-gaap Repayments Of Debt
RepaymentsOfDebt
1883000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4875000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
771000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
102000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
15000
us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
135579000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4511000
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
6041000
sldp Payments For Withholding Of Employee Taxes Related To Stock Based Compensation
PaymentsForWithholdingOfEmployeeTaxesRelatedToStockBasedCompensation
58000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
76000
sldp Payments Of Transaction Costs
PaymentsOfTransactionCosts
12000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
521000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
129093000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-415747000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
104298000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
513447000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4974000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
97700000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109272000
us-gaap Interest Paid Net
InterestPaidNet
5000
us-gaap Interest Paid Net
InterestPaidNet
112000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7818000
us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;">Note 1 – Nature of Business</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">Solid Power, Inc. (the “Company”), headquartered in Louisville, Colorado, is developing all-solid-state battery cell technology primarily for the electric vehicle market. The Company’s planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells. As of September 30, 2022, the Company has not derived material revenue from its principal business activities.</span></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">On December 8, 2021 (the “Closing Date”), the Company (f/k/a Decarbonization Plus Acquisition Corporation III (“DCRC”)) consummated its business combination pursuant to the Business Combination Agreement and Plan of Reorganization, dated June 15, 2021 (as amended, the “Business Combination Agreement”), among the Company, DCRC Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of DCRC (“Merger Sub”), and Solid Power Operating, Inc., a Colorado corporation (f/k/a Solid Power, Inc., “Legacy Solid Power”). Pursuant to the terms of the Business Combination Agreement, Merger Sub merged with and into Legacy Solid Power, with Legacy Solid Power surviving the merger as a wholly owned subsidiary of the Company (the “Merger” and, together with the other transactions contemplated by the Business Combination Agreement, the “Business Combination”).</span></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">Pursuant to the Business Combination Agreement, the Merger was accounted for as a reverse recapitalization (the “Reverse Recapitalization”) in accordance with generally accepted accounting principles in the United States (“GAAP”). Under this method of accounting, DCRC was treated as the “acquired” company and Legacy Solid Power is treated as the acquirer for financial reporting purposes. See Note 3.</span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 10pt 0pt;"><i style="font-family:'Times New Roman','Times','serif';font-style:italic;">Concentrations of Credit Risk </i></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 10pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">Financial instruments that potentially subject the Company to credit risk consist principally of cash and cash equivalents, marketable securities, and long-term investments. The Company seeks to mitigate its credit risk with respect to cash and cash equivalents, marketable securities, and long-term investments by making deposits with several large, reputable financial institutions and investing in high credit rated instruments. See Note 8 for allocation of respective investment holdings.</span></p>
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 sldp Business Combination Exchange Ratio
BusinessCombinationExchangeRatio
3.182
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
84283000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28550000
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9902000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6468000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
74381000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22082000
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
970000
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-49000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
661000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-42000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
26000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
130000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
24000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
120000
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10000
CY2022Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
1000
CY2021Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
32000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
6000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
111000
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-28183000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2588000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
758000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6498000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
975000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0284
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0088
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4469
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4247
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.26
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.62
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
5659000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
14484000
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
23324000
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
14189000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25750764
CY2021Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12399000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8450000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9076000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24864000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
175025984
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102389770
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173859649
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87258952
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
45629294
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24690785
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
46001871
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
36000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
51000
CY2022Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
16000
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
277000
us-gaap Operating Lease Cost
OperatingLeaseCost
830000
CY2022Q3 us-gaap Lease Cost
LeaseCost
324000
us-gaap Lease Cost
LeaseCost
897000
CY2022Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
8000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
12000
CY2022Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
56000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
76000
CY2022Q3 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
273000
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
638000
CY2022Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
637000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
857000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7671000
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y6M3D
CY2022Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0610
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y7M2D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0068
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0055
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0078
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0035
CY2022Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
67000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
274000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
269000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1123000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
269000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1068000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
147000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
779000
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
52000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
802000
CY2022Q3 sldp Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
53000
CY2022Q3 sldp Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
6584000
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
857000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10630000
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
82000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2805000
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
775000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
7825000
CY2022Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
159000
CY2021Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
77000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
454000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
226000
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
500000

Files In Submission

Name View Source Status
0001104659-22-116207-index-headers.html Edgar Link pending
0001104659-22-116207-index.html Edgar Link pending
0001104659-22-116207.txt Edgar Link pending
0001104659-22-116207-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
sldp-20220930.xsd Edgar Link pending
sldp-20220930x10q.htm Edgar Link pending
sldp-20220930x10q004.gif Edgar Link pending
sldp-20220930xex31d1.htm Edgar Link pending
sldp-20220930xex31d2.htm Edgar Link pending
sldp-20220930xex32d1.htm Edgar Link pending
sldp-20220930xex32d2.htm Edgar Link pending
sldp-20220930_def.xml Edgar Link unprocessable
sldp-20220930_lab.xml Edgar Link unprocessable
sldp-20220930_pre.xml Edgar Link unprocessable
sldp-20220930x10q_htm.xml Edgar Link completed
sldp-20220930_cal.xml Edgar Link unprocessable