$SPWR Cashflow Statement | Understand Stock

$SPWR

$0.24 +$0.01 (6.12%) Close

$SPWR Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 28, 2025	FY2024 12 months to Dec 29, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net income (loss)
Cash flows from operating activities from continuing operations
Net loss
Loss from discontinued operations, net of income taxes
Net loss from continuing operations, net of tax
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Formation cost paid by related party
Interest earned on marketable securities held in Trust Account
Change in fair value of warrant liabilities
Change in fair value of convertible note
Change in deferred underwriting fee
Offering costs allocated to warrants

Prepaid expenses
Stock-based compensation expense
Non-cash lease expense
Depreciation and amortization
Amortization of debt issuance costs
Deferred income tax provision
Provision for credit losses
Loss on CS Solis debt extinguishment
Change in reserve for excess and obsolete inventory
Loss on sale of equity securities
Change in fair value of SAFE Agreements with related party
Loss on conversion of SAFE Agreements to shares of common stock with related party
Change in fair value of deferred consideration
Loss on issuance of derivative liability
Change in fair value of derivative liabilities
Issuance of forward purchase agreements
Loss on issuance of common stock in connection with forward purchase agreements
Change in fair value of forward purchase agreement liabilities
Non-cash expense in connection with warrants issued for vendor services
Loss on impairments and disposals
Loss on issuance of common stock bonus shares in connection with the Mergers
Issuance of restricted stock units in connection with vendor services
Non-cash income
Non-cash interest expense
Gain on troubled debt restructuring
Accretion of debt in CS Solis
Other financing costs
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable
Contract assets, current portion
Net cash provided by operating activities from discontinued operations
Inventories
Prepaid expenses and other current assets
Long-term deposits
Other noncurrent assets
Accounts payable
Accrued expenses and other current liabilities
Operating lease liabilities
Warranty provision, noncurrent
Contract liabilities
Net cash used in operating activities from continuing operations
Purchase of marketable securities held in Trust Account
Disposal of marketable securities held in Trust Account

Investment of cash into Trust Account
Cash flows from investing activities from continuing operations
Purchases of property and equipment
Capitalization of internal-use-software costs
Cash paid for acquisitions; net of cash acquired
Proceeds from the sale of equity securities
Net cash used in investing activities from continuing operations
Proceeds from Initial Public Offering, net of underwriters’ discount
Proceeds from issuance of Private Placement Warrants

Cash flows from financing activities from continuing operations
Proceeds from issuance of notes payable, net of issuance cost
Proceeds from issuance of convertible notes, net of issuance cost
Proceeds from issuance of convertible notes to related parties
Payment of debt issuance costs
Proceeds from issuance of SAFE agreements with related party
Proceeds from issuance of common stock
Payments for issuance costs of Series D-1, D-2 and D-3 redeemable convertible preferred stock
Proceeds from exercise of common stock options
Proceeds from exercise of warrant for common stock
Investor financing deposit – related party
Taxes paid related to net share settlement of equity awards
Principal repayment of notes payable
Repayment of convertible notes to related parties
Payments of offering costs
Proceeds from issuance of long-term debt with CS Solis, net of issuance cost
Proceeds from issuance of SAFE agreements
Proceeds from Mergers and PIPE Financing
Proceeds from Mergers and PIPE Financing from related parties
Financing lease payments
Net cash provided by financing activities from continuing operations
Net Change in Cash

Effect of exchange rate changes
Effect of exchange rate changes on cash
Net increase (decrease) in cash, cash equivalents and restricted cash
Cash, cash equivalents, and restricted cash at beginning of period
Cash, cash equivalents, and restricted cash at end of period
Supplemental disclosures of cash flow information:
Initial value of Class A ordinary shares subject to possible redemption
Initial value of warrant liabilities
Deferred underwriters’ discount payable charged to additional paid-in capital
Accretion of Class A ordinary shares subject to possible redemption
Deferred offering costs paid under promissory note
Cash paid during the year for interest
Cash paid during the year for income taxes

Supplemental schedule of noncash investing and financing activities:
Cancellation of existing indebtedness in Exchange Agreement
Issuance of convertible notes in Exchange Agreement
Issuance of common stock in Exchange Agreement
Conversion of SAFE Agreements to shares of common stock – related party
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities
Offering costs
Warrants issued in debt issuance
Carlyle Warrant modification – related party
Issuance of Series D redeemable convertible preferred stock upon conversion of SAFE
Conversion of 2022 Convertible notes into common stock
Issuance of common stock warrants
Conversion of 2022 Convertible Notes issued to related parties into common stock
Conversion of preferred stock into common stock
Issuance of common stock in connection with forward purchase agreements
Loss on issuance of common stock bonus shares in connection with the Mergers(6)
Issuance of common stock bonus shares in connection with the Mergers
Recapitalization of Legacy Complete Solaria Common stock into Complete Solaria Common Stock
Issuance of Series D-1, D-2 and D-3 redeemable convertible preferred stock upon conversion of convertible debt, net of issuance costs of $1,431
Acquisition of business through issuance of common stock options
Acquisition of business through issuance of Series D redeemable convertible preferred stock
Acquisition of business through issuance of Series D redeemable convertible preferred stock warrants
Reclassification of investor deposit to PIPE funds
Reclassification of warrants between liabilities and equity
Issuance of Seller Note as partial purchase consideration for acquisition of Sunder(8)
Issuance of common stock as partial consideration for acquisition of Sunder
Deferred consideration recognized for acquisition of Sunder
Issuance of common stock as partial purchase consideration for acquisition of Ambia
Deferred consideration recognized for acquisition of Ambia
Conversion of September 2024 Notes to shares of common stock:
September 2024 Notes and related derivative liability, net of unamortized debt discount
Accrued interest
Common stock
Additional paid-in capital
Debt issuance costs incurred in connection with the issuance of September 2025 Notes
Taxes accrued but unpaid related to net share settlement of equity awards
Cancellation of existing indebtedness in Exchange Agreement
Issuance of convertible notes in Exchange Agreement
Issuance of common stock in Exchange Agreement
Conversion of SAFE Agreements to shares of common stock – related party
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities
Offering costs
Warrants issued in debt issuance
Carlyle Warrant modification – related party

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