Bloom Energy Corp BE Income Statement

Bloom energy corp (BE)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17
Revenue
156,699	213,543	224,307	200,326	147,001	157,145	168,619	138,302	168,582	123,251	93,765	86,783	72,197
Cost of revenue
136,768	188,595	181,582	171,976	145,437	150,224	141,209	111,318	124,147	111,201	108,855	92,589	81,395
Gross profit
19,931	24,948	42,725	28,350	1,564	6,921	27,410	26,984	44,435	12,050	-15,090	-5,806	-9,198
Operating expenses:
Research and development
23,279	22,148	23,389	29,772	28,859	32,970	27,021	14,413	14,731	15,181	12,374	12,368	11,223
Sales and marketing
13,949	17,357	17,649	18,194	20,373	24,951	21,396	8,167	8,293	9,346	6,561	8,663	7,845
General and administrative
29,098	33,315	36,599	43,662	39,074	47,471	40,999	15,359	14,988	14,818	13,652	14,325	12,879
Total operating expenses
66,326	72,820	77,637	91,628	88,306	105,392	89,416	37,939	38,012	39,345	32,587	35,356	31,947
Loss from operations
-46,395	-47,872	-34,912	-63,278	-86,742	-98,471	-62,006	-10,955	6,423	-27,295	-47,677	-41,162	-41,145
Interest income
819	862	1,214	1,700	1,885	1,996	1,467	444	415	0	0	0	0
Interest expense
20,754	21,635	21,323	22,722	21,800	21,757	22,125	27,147	25,992	27,846	26,946	16,140	16,847
Interest expense to related parties
1,366	1,933	1,605	1,606	1,612	1,628	1,966	2,672	2,627	1,961	1,953	9,414	7,516
Other income (expense), net
-8	138	525	-222	265	636	-705	-855	-75	175	-40	14	119
Loss on extinguishment of debt
-14,098	-	-	-	0	-	-	-	-	-	-	-	-
Gain (loss) on revaluation of embedded derivatives
284	-540	-540	-540	-500	192	900	-19,197	-4,034	-15,114	572	-668	215
Loss before income taxes
-81,500	-70,980	-56,641	-86,668	-108,500	-119,032	-84,435	-60,382	-25,890	-72,041	-76,044	-67,370	-65,174
Income tax provision
100	31	136	258	200	1,079	-3	128	333	-120	314	228	214
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-81,642	-71,011	-56,777	-86,926	-108,752	-120,111	-84,432	-60,510	-26,223	-71,921	-76,358	-67,598	-65,388
Less: net loss attributable to noncontrolling interests and redeemable noncontrolling interests
-5,693	-5,178	-5,027	-5,015	-3,832	-4,662	-3,930	-4,512	-4,632	-4,160	-4,527	-4,123	-5,856
Net Income (Loss) Attributable to Parent
-75,949	-65,833	-51,750	-81,911	-104,920	-115,449	-80,502	-55,998	-21,591	-67,761	-71,831	-63,475	-59,532
Less: deemed dividend to noncontrolling interest
-	2,454	0	0	-	0	0	0	0	-	-	-	-
Net loss available to Class A and Class B common stockholders
-	-68,287	-51,750	-81,911	-	-115,449	-80,502	-55,998	-21,591	-	-	-	-
Earnings Per Share, Basic and Diluted
-0.61	-0.58	-0.44	-0.72	-0.94	-1.06	-0.99	-5.31	-2.08	-6.56	-6.97	-6.22	-5.87
Weighted average shares of common stock, basic and diluted (in shares)
123,763	118,588	116,330	113,624	111,842	109,416	81,321	10,536	10,404	10,333	10,305	10,209	10,143
Product
Revenue
99,559	158,427	163,902	144,081	90,926	103,937	102,433	78,497	115,771	66,913	45,255	39,935	27,665
Cost of revenue
72,489	141,782	91,697	113,228	88,772	86,154	69,053	49,603	76,465	70,450	53,923	47,545	38,855
Installation
Revenue
16,618	14,429	21,102	13,076	12,219	11,066	24,691	19,643	12,795	21,601	14,978	14,354	12,293
Cost of revenue
20,779	16,901	26,141	17,685	15,760	20,651	35,506	29,951	9,198	16,933	14,696	14,855	13,445
Service
Revenue
25,147	25,628	23,665	23,026	23,467	21,778	21,056	20,299	20,134	19,927	19,511	18,875	18,591
Cost of revenue
30,970	17,127	36,427	18,763	27,921	31,818	24,470	19,702	24,699	14,012	30,058	21,308	18,219
Electricity
Revenue
15,375	15,059	15,638	20,143	20,389	20,364	20,439	19,863	19,882	14,810	14,021	13,619	13,648
Cost of revenue
12,530	12,785	27,317	22,300	12,984	11,601	12,180	12,062	13,785	9,806	10,178	8,881	10,876