FUELCELL ENERGY INC FCEL Cash Flow

Fuelcell energy inc (FCEL)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11
Cash flows from operating activities:
Net loss
-100,171	-77,568	-56,485	-67,055	-60,699	-47,334	-43,217	-44,337	-44,401	-53,903	-56,872	-50,938	-53,114	-51,208	-47,165	-42,726	-37,309	-29,684	-25,669	-26,180	-32,222	-38,883	-43,990	-42,665	-34,255	-35,319	-36,841	-41,037	-41,771	-35,906	-31,516	-29,336	-40,981	-45,974	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation
2,310	2,804	3,254	3,800	3,603	3,238	3,462	3,737	4,189	4,585	4,327	3,988	3,580	3,425	3,370	3,313	3,254	3,157	3,043	3,088	3,048	2,908	2,789	2,531	2,338	2,226	2,156	2,233	2,023	2,054	2,045	1,812	2,337	2,577	0	0	0
Income from equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	-45	-87	-237	-645	-347	-399	-106	58	0	0	0
Loss from change in fair value of embedded derivatives
198	176	-61	-41	-27	-60	-50	-111	-104	-91	-96	-19	-112	14	3	28	68	23	46	-12	-60	126	-922	-1,193	-1,131	-1,359	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of common stock warrant liability
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on Series 1 preferred stock extinguishment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	8,648	8,541	8,524	8,589	8,518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,287	-	4,085	4,150	4,279	4,384	4,350	4,214	4,153	4,097	4,062	4,400	4,755	5,192	5,792	6,099	6,246	6,431	0	0	0
Non-cash interest expense on preferred stock and debt obligations
6,114	6,097	6,203	5,687	6,040	5,957	6,067	6,143	6,277	6,256	0	0	0	-	0	0	1,780	-	2,066	2,101	2,128	2,140	2,451	2,447	2,461	2,480	0	0	0	-	-	3,513	3,051	2,490	0	0	0
Operating lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease payments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-3,035	-3,035	-3,035	-3,035	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Make whole derivative expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,347	8,347	8,652	2,422	0	0	0	0	-	-	-	-	-	-	-	-
Accretion of redeemable preferred stock of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-525	0	0	0
Unrealized foreign exchange gains
101	29	-34	185	769	223	751	-473	-775	-581	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency transaction losses (gains)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,407	2,075	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized foreign exchange gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash transactions, net
-837	-716	-1,433	-683	-947	-760	-203	-127	-38	-165	-313	-389	-375	-451	-897	-728	-740	-412	306	87	84	-146	-291	-236	41	-61	66	248	-85	297	328	254	209	23	0	0	0
(Increase) decrease in operating assets:
Accounts receivable
-1,212	-4,842	-10,795	3,800	782	-24,169	8,409	570	6,533	35,388	5,651	-4,214	-11,167	-30,235	-20,724	680	-15,919	-3,173	15,856	8,861	26,858	15,378	-787	5,387	13,793	12,000	19,061	11,268	-4,896	14,066	3,542	-2,928	740	4,046	0	0	0
Unbilled receivables
-3,894	4,488	-3,533	-22,491	-16,390	-24,562	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
10,980	6,427	-1,142	2,735	-15,703	-31,714	-19,626	-24,788	-15,274	7,972	1,062	9,363	21,992	8,052	2,874	-5,414	3,897	10,100	19,041	15,395	3,999	-1,059	8,528	5,842	4,804	5,901	-4,345	-5,398	-1,839	7,600	10,263	16,487	13,952	6,697	0	0	0
Project assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,398	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Project assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,002	15,617	15,409	11,398	10,855	9,161	4,928	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-840	-2,120	-1,981	322	1,017	2,264	3,310	1,730	3,083	714	860	1,774	-304	837	-4,096	-4,531	-3,999	-1,022	1,148	3,205	1,970	-3,417	-7,838	-10,470	-9,345	-6,076	-722	-1,256	-3,173	-3,032	3,230	9,260	14,856	15,586	0	0	0
Increase (decrease) in operating liabilities:
Accounts payable
-2,502	-173	-14,059	-14,154	-17,100	-19,846	36,730	33,147	27,182	25,020	-10,970	-6,733	-6,938	-3,019	-3,658	-5,614	-7,897	-7,224	3,290	5,623	4,104	-1,566	-6,035	-4,950	10,983	11,776	10,455	6,561	-11,054	-1,790	-4,727	661	7,694	3,405	0	0	0
Accrued liabilities
-971	2,377	-7,275	-4,879	-11,887	-11,345	723	-844	2,934	-2,290	-6,162	-10,763	-10,882	1,240	1,745	13,388	16,538	6,435	4,974	-803	-36	-11,056	-8,989	-8,618	-10,297	-172	-2,857	-5,851	-3,852	-6,081	-4,451	-2,178	7,755	10,761	0	0	0
Deferred revenue
5,113	5,996	4,823	5,539	5,192	1,261	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-10,699	-16,790	-22,552	-26,648	-23,522	-22,222	-13,937	-3,898	-3,705	-4,267	-2,829	-12,289	-9,962	-9,576	-21,028	9,148	19,659	20,245	23,976	-9,642	11,773	22,224	19,278	37,573	0	0	0
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-25,120	-30,572	-31,331	-43,790	-35,633	16,322	0	0	0	-	-	-	-	-	-	-	-33,407	-	-61,347	-54,098	-54,665	-57,468	-50,371	-48,442	-52,629	-16,658	-11,301	-12,462	-9,960	-58,659	-35,721	-19,742	-24,134	-8,485	0	0	0
Cash flows from investing activities:
Capital expenditures
624	2,151	4,325	6,613	8,803	10,028	9,507	9,567	8,790	12,351	14,233	13,743	12,789	7,726	7,052	5,882	6,628	6,930	6,015	7,698	7,121	6,295	6,654	5,916	5,944	6,551	5,824	5,325	4,924	4,453	4,821	4,331	4,025	3,350	0	0	0
Project asset expenditures
26,666	31,675	34,698	46,758	49,288	41,232	35,341	31,321	21,250	19,726	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project asset acquisition
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project asset expenditures
26,666	31,675	34,698	46,758	49,288	41,232	35,341	31,321	21,250	19,726	40,017	39,156	34,735	33,726	6,505	4,724	2,044	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash acquired from acquisition
-	-	-	-	-	-	-	-	-	-	633	633	633	0	0	0	0	-	-	-	-	-	-	-	-	357	357	357	357	0	0	0	0	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury notes matured
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	18,000	18,000	50,500	55,000	0	0	0
Treasury notes purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,019	0	0	0
Net cash used in investing activities
-63,375	-69,300	-74,497	-53,371	-58,091	-51,260	0	0	0	-	-	-	-	-	-	-	-8,672	-	-6,799	-8,482	-7,905	-7,079	-6,654	-5,916	-5,944	-6,194	-5,467	-4,968	-67	7,547	13,179	13,069	34,852	18,031	0	0	0
Cash flows from financing activities:
Repayment of debt
62,320	48,395	26,566	10,488	11,973	16,616	14,184	13,191	9,753	8,571	28,370	27,656	26,607	30,452	9,698	10,390	10,330	1,535	1,499	446	5,997	5,971	5,947	5,973	406	374	331	232	181	173	201	348	297	306	0	0	0
Proceeds from debt, net of debt discount
119,208	69,596	55,096	28,322	30,341	13,091	13,077	13,077	-14	17,877	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,865	-	6,326	3,000	0	250	4,000	42,875	45,500	45,250	0	0	0	-	-	-	-	-	-	-	-
Payment of deferred financing costs
5,272	3,302	2,505	1,283	837	352	439	439	87	206	883	883	1,877	1,758	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of preferred dividends and return of capital
4,189	1,840	2,884	3,922	4,166	4,178	4,188	4,185	4,171	4,156	4,147	4,161	4,170	4,170	4,173	4,134	4,141	4,202	4,233	4,312	4,324	4,343	4,367	4,391	4,442	4,442	4,457	4,575	4,449	7,624	11,738	16,095	18,714	15,226	0	0	0
Common stock issued for stock plans and related expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-15,120	-9,484	-10,509	632	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of common stock, prefunded warrants and warrant exercises, net
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued for stock plans and related expenses
-8	23	23	31	31	0	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received for common stock issued for stock plans
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of common stock and warrant exercises, net
47,075	43,573	15,866	7,187	7,808	10,455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of common stock, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	31,878	-	28,177	85,763	80,577	105,844	104,788	41,894	38,795	5,040	-20	30,000	62,815	64,003	74,493	45,400	16,238	32,930	0	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
94,494	59,655	64,347	45,164	46,521	27,717	0	0	0	-	-	-	-	-	-	-	46,549	-	41,579	97,141	84,414	95,941	83,515	62,449	66,466	43,634	35,520	24,430	51,936	54,957	62,655	27,710	845	22,016	0	0	0
Effects on cash from changes in foreign currency rates
-300	-244	25	-208	-14	12	-73	254	232	129	152	-275	113	-35	270	434	-38	-108	-731	-710	-528	-260	89	124	-61	35	144	74	129	51	-80	-2	0	4	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
5,699	-40,461	-41,456	-52,205	-47,217	-7,209	13,487	21,054	14,135	-30,868	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	26,579	8,215	7,832	20,817	18,896	7,074	42,038	3,896	40,033	21,035	11,563	31,566	0	0	0
Supplemental cash flow disclosures:
Cash interest paid
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash interest paid
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Noncash financing and investing activity:
noncash acquisition project assets
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued purchase of fixed assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assumption of debt in conjunction with asset acquisition
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of project assets
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred share conversions
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net noncash reclasses from project assets to inventory
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant exercises
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued in settlement of prior year bonus obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Common stock issued for Employee Stock Purchase Plan in settlement of prior year accrued employee contributions
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Accrued sale of common stock, cash received in a subsequent period
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued purchase of fixed assets, cash to be paid in subsequent period
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued purchase of project assets, cash to be paid in subsequent period
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued purchase of project assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued grant awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Sale of Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock Issued During Period, Value, Conversion of Convertible Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Common stock issued for acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Accrued Sale of Common Stock Cash Received in Subsequent Period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Accrued fees related to sale of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Series C Preferred Stock [Member]
Preferred share conversions
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series D Preferred Stock [Member]
Preferred share conversions
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-