2023 Q4 Form 10-Q Financial Statement
#000155837023018110 Filed on November 08, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $2.347M | $6.366M | $2.813M |
YoY Change | -44.09% | 126.31% | 347.93% |
Cost Of Revenue | $7.377M | $7.180M | $3.544M |
YoY Change | 615.52% | 102.6% | 399.86% |
Gross Profit | -$5.030M | -$820.0K | -$731.0K |
YoY Change | -258.83% | 12.18% | 802.47% |
Gross Profit Margin | -214.32% | -12.88% | -25.99% |
Selling, General & Admin | $6.243M | $6.440M | $4.294M |
YoY Change | -9.48% | 49.98% | 7.35% |
% of Gross Profit | |||
Research & Development | $14.36M | $14.24M | $9.710M |
YoY Change | 4.19% | 46.61% | 120.68% |
% of Gross Profit | |||
Depreciation & Amortization | $4.157M | $2.900M | $1.690M |
YoY Change | 70.86% | 71.6% | 1.02% |
% of Gross Profit | |||
Operating Expenses | $20.60M | $27.86M | $18.41M |
YoY Change | -0.37% | 51.33% | 119.19% |
Operating Profit | -$25.63M | -$21.50M | -$15.60M |
YoY Change | 46.37% | 37.81% | 427.75% |
Interest Expense | $5.179M | $13.00K | $12.00K |
YoY Change | -64.72% | 8.33% | -185.71% |
% of Operating Profit | |||
Other Income/Expense, Net | $1.410M | $6.355M | $3.116M |
YoY Change | -35.82% | 103.95% | -155900.0% |
Pretax Income | -$19.04M | -$15.14M | -$12.48M |
YoY Change | 2898.74% | 21.3% | 46.91% |
Income Tax | $0.00 | $0.00 | -$84.00K |
% Of Pretax Income | |||
Net Earnings | -$19.04M | -$15.14M | -$12.40M |
YoY Change | 3875.37% | 22.12% | -314.26% |
Net Earnings / Revenue | -811.33% | -237.86% | -440.77% |
Basic Earnings Per Share | -$0.08 | -$0.07 | |
Diluted Earnings Per Share | -$0.11 | -$0.08 | -$0.07 |
COMMON SHARES | |||
Basic Shares Outstanding | 178.4M | 178.4M | 174.5M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $176.0M | $193.5M | $368.5M |
YoY Change | -45.51% | -47.5% | 237.27% |
Cash & Equivalents | $34.54M | $27.46M | $97.70M |
Short-Term Investments | $141.5M | $166.0M | $270.8M |
Other Short-Term Assets | $5.523M | $3.200M | $2.444M |
YoY Change | 91.24% | 30.93% | 121.58% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $1.553M | $8.300M | $3.301M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $183.1M | $205.0M | $374.3M |
YoY Change | -44.14% | -45.23% | 237.14% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $99.16M | $99.24M | $74.38M |
YoY Change | 19.81% | 33.42% | 454.88% |
Goodwill | |||
YoY Change | |||
Intangibles | $1.650M | $1.525M | $921.0K |
YoY Change | 48.92% | 65.58% | |
Long-Term Investments | $239.6M | $228.8M | $139.0M |
YoY Change | 38.5% | 64.56% | |
Other Assets | $1.060M | $1.057M | $1.178M |
YoY Change | -7.67% | -10.27% | |
Total Long-Term Assets | $349.7M | $338.9M | $223.5M |
YoY Change | 31.14% | 51.65% | 1515.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $183.1M | $205.0M | $374.3M |
Total Long-Term Assets | $349.7M | $338.9M | $223.5M |
Total Assets | $532.8M | $543.9M | $597.8M |
YoY Change | -10.37% | -9.01% | 378.79% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $6.455M | $6.300M | $9.946M |
YoY Change | -35.9% | -36.66% | 669.22% |
Accrued Expenses | $8.216M | $5.400M | $4.753M |
YoY Change | 29.73% | 13.61% | 150.29% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $379.0K | $300.0K | $24.00K |
YoY Change | 5314.29% | 1150.0% | -98.05% |
Total Short-Term Liabilities | $15.88M | $11.97M | $15.15M |
YoY Change | -23.41% | -20.98% | 238.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $552.0K | $500.0K | $2.000K |
YoY Change | -8.31% | 24900.0% | -99.65% |
Other Long-Term Liabilities | $803.0K | $13.80M | $28.97M |
YoY Change | -95.47% | -52.37% | 10832.45% |
Total Long-Term Liabilities | $803.0K | $14.30M | $2.000K |
YoY Change | -95.62% | 714900.0% | -99.76% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $15.88M | $11.97M | $15.15M |
Total Long-Term Liabilities | $803.0K | $14.30M | $2.000K |
Total Liabilities | $29.46M | $26.31M | $44.83M |
YoY Change | -24.61% | -41.3% | 718.18% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$84.64M | -$65.60M | -$18.61M |
YoY Change | 343.37% | 252.46% | -65.76% |
Common Stock | $588.5M | $586.4M | $575.4M |
YoY Change | 1.89% | 1.91% | 439235777.86% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $503.3M | $517.6M | $553.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $532.8M | $543.9M | $597.8M |
YoY Change | -10.37% | -9.01% | 70.38% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$19.04M | -$15.14M | -$12.40M |
YoY Change | 3875.37% | 22.12% | -314.26% |
Depreciation, Depletion And Amortization | $4.157M | $2.900M | $1.690M |
YoY Change | 70.86% | 71.6% | 1.02% |
Cash From Operating Activities | -$6.610M | -$15.35M | -$7.528M |
YoY Change | 98.02% | 103.91% | -58.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $5.114M | $8.510M | -$17.04M |
YoY Change | -51.62% | -149.95% | 151.97% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $18.66M | $22.98M | -$179.6M |
YoY Change | -155.49% | -112.8% | |
Cash From Investing Activities | $13.55M | $14.47M | -$196.6M |
YoY Change | -130.65% | -107.36% | 2807.78% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 142.0K | -100.0K | 249.0K |
YoY Change | -494.44% | -140.16% | -99.81% |
NET CHANGE | |||
Cash From Operating Activities | -6.610M | -15.35M | -7.528M |
Cash From Investing Activities | 13.55M | 14.47M | -196.6M |
Cash From Financing Activities | 142.0K | -100.0K | 249.0K |
Net Change In Cash | 7.079M | -980.0K | -203.9M |
YoY Change | -114.88% | -99.52% | -295.5% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.610M | -$15.35M | -$7.528M |
Capital Expenditures | $5.114M | $8.510M | -$17.04M |
Free Cash Flow | -$11.72M | -$23.86M | $9.510M |
YoY Change | -15.71% | -350.89% | -184.38% |
Facts In Submission
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-1155000 | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-3480000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-28183000 | ||
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
13000 | |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
12000 | |
us-gaap |
Interest Expense
InterestExpense
|
39000 | ||
us-gaap |
Interest Expense
InterestExpense
|
22000 | ||
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
6355000 | |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3116000 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
18482000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
32461000 | ||
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-15142000 | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12483000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9147000 | ||
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-84000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-71000 | ||
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15142000 | |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-12399000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-46507000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-9076000 | ||
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-215000 | |
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
|
2000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3837000 | ||
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-15357000 | |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-14945000 | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-46505000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-12913000 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
178388926 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
175025984 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
177800915 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
173859649 | ||
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
555372000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-31363000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
214000 | ||
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
27000 | ||
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
183000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5145000 | ||
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-213000 | ||
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
529311000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15142000 | |
CY2023Q3 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
85000 | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
11000 | |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3302000 | |
CY2023Q3 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
215000 | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
517612000 | |
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 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-46507000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9076000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7805000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3437000 | ||
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
566000 | ||
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 |
Share Based Compensation
ShareBasedCompensation
|
8447000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6498000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-71000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-3480000 | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-28183000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
8297000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
1170000 | ||
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
1403000 | ||
us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
2473000 | ||
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
5048000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-297000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-2101000 | ||
sldp |
Increase Decrease In Accounts Payable And Other Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndOtherAccruedLiabilities
|
207000 | ||
sldp |
Increase Decrease In Accounts Payable And Other Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndOtherAccruedLiabilities
|
-3327000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-4050000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-300000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
218000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1831000 | ||
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-406000 | ||
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
192000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-51651000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30486000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
29526000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
47915000 | ||
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
256584000 | ||
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
448757000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
315493000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
111198000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
428000 | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
308000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
28955000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-385782000 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
7000 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
104000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
194000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
771000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
214000 | ||
sldp |
Payments For Withholding Of Employee Taxes Related To Stock Based Compensation
PaymentsForWithholdingOfEmployeeTaxesRelatedToStockBasedCompensation
|
111000 | ||
sldp |
Payments For Withholding Of Employee Taxes Related To Stock Based Compensation
PaymentsForWithholdingOfEmployeeTaxesRelatedToStockBasedCompensation
|
58000 | ||
sldp |
Payments On Finance Lease Liability
PaymentsOnFinanceLeaseLiability
|
259000 | ||
sldp |
Payments On Finance Lease Liability
PaymentsOnFinanceLeaseLiability
|
76000 | ||
sldp |
Payments Of Transaction Costs
PaymentsOfTransactionCosts
|
12000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
31000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
521000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-22665000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-415747000 | ||
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
50123000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
513447000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
27458000 | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
97700000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
39000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
5000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2309000 | ||
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;line-height:11pt;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;line-height:11pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-family:'Times New Roman','Times','serif';">Solid Power, Inc. (the “Company”) is developing solid state battery technology to enable the next generation of batteries for the fast-growing EV and other markets. The Company’s planned business model is to sell its sulfide-based solid electrolyte and to license its solid-state cell designs and manufacturing process. </span></p> | ||
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
118602000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
94387000 | |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
19361000 | |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
11626000 | |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
99241000 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
82761000 | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1587000 | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-62000 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1159000 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-51000 | |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3000 | |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
256584000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
448757000 | ||
CY2023Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1155000 | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-3480000 | ||
CY2022Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-28183000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
0 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
214000 | ||
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
0 | ||
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3302000 | |
CY2022Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2588000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8447000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6498000 | ||
CY2023Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
31843000 | |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
30127000 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0417 | ||
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 Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.4691 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.4469 | ||
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 Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.80 | ||
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 |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
7815000 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
5659000 | ||
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15142000 | |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-12399000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-46507000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-9076000 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
178388926 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
175025984 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
177800915 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
173859649 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
49032283 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
46001871 | ||
CY2022Q4 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2021Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
50000 | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
141000 | ||
CY2023Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
13000 | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
38000 | ||
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
290000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
870000 | ||
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
353000 | |
us-gaap |
Lease Cost
LeaseCost
|
1049000 | ||
CY2023Q3 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
13000 | |
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
39000 | ||
CY2023Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
79000 | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
220000 | ||
CY2023Q3 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
284000 | |
us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
851000 | ||
CY2023Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
124000 | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
213000 | ||
CY2023Q3 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y10M20D | |
CY2023Q3 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.064 | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y5M15D | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.069 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
97000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
286000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
386000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1173000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
271000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1210000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
141000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1248000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
56000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1288000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
16000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
1329000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
5242000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
967000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
11776000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
81000 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3011000 | |
CY2023Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
886000 | |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
8765000 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0000 | |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0068 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0078 |