Plug power inc (PLUG)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

74,300

139,496

43,275

19,845

39,336

38,600

13,825

15,035

46,746

24,828

7,957

2,090

11,765

46,014

42,486

66,040

66,882

63,961

85,009

109,139

131,537

146,205

156,461

168,608

63,231

5,026

10,959

7,410

4,502

9,380

9,461

15,851

20,829

13,856

22,802

27,151

10,955

Restricted cash

56,804

54,813

35,720

19,400

19,297

17,399

15,803

13,367

13,811

13,898

14,902

14,830

14,828

11,219

5,075

4,012

4,012

4,012

630

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Accounts receivable

24,437

25,448

24,392

26,592

32,062

37,347

24,721

31,509

22,986

24,179

52,869

15,268

6,902

11,923

12,006

12,677

10,684

22,650

18,548

12,524

7,770

16,095

15,032

16,461

6,342

4,699

4,301

4,349

5,576

4,021

7,661

11,125

12,969

13,388

5,223

4,130

4,196

Available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,403

Inventory

92,972

72,391

80,601

73,190

65,474

47,910

53,428

42,288

47,348

48,776

44,687

42,703

33,726

29,940

35,794

34,928

39,150

32,752

31,512

32,889

32,092

24,736

21,925

19,762

11,943

10,406

9,768

8,595

10,090

8,550

13,005

9,511

8,109

10,354

6,569

7,628

10,539

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

Prepaid expenses and other current assets

28,500

21,192

12,804

14,001

10,296

14,357

16,050

15,661

14,641

7,926

12,758

13,126

10,363

11,837

11,511

9,859

9,738

7,855

7,917

5,950

6,422

5,710

6,049

5,092

2,796

1,850

2,120

1,952

1,896

1,988

1,552

1,181

1,176

1,894

1,764

1,357

1,584

Total current assets

277,053

313,340

196,792

153,028

166,465

155,615

123,827

117,860

145,532

119,607

133,173

88,017

77,584

110,933

106,872

127,516

130,466

131,230

143,616

160,502

177,823

192,746

199,469

209,925

84,314

21,983

27,149

22,307

22,067

23,940

31,679

37,670

43,084

39,494

36,360

40,267

38,678

Restricted cash

176,070

175,191

119,322

96,082

50,598

54,152

32,424

27,020

28,412

29,329

33,668

37,202

39,060

43,403

40,852

43,883

43,854

43,823

29,556

11,634

1,218

500

500

500

500

500

500

750

750

-

-

-

-

-

-

525

525

Property, plant, and equipment, net of accumulated depreciation of $18,292 and $17,417, respectively

16,591

14,959

14,990

14,228

13,615

12,869

13,155

11,544

10,835

10,414

8,657

8,375

8,086

8,246

8,485

8,948

8,750

7,255

7,888

5,989

5,195

5,312

5,589

5,284

5,235

5,277

5,806

6,091

6,294

6,708

7,404

7,636

8,084

8,686

8,970

9,506

9,838

Leased property, net

252,802

244,740

202,034

170,455

141,889

146,751

130,015

95,621

88,167

87,065

75,344

70,293

61,857

54,060

42,622

27,247

13,237

1,667

1,549

1,679

1,807

1,937

2,065

2,195

2,324

2,453

2,582

2,711

2,840

2,969

-

-

-

-

-

-

-

Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

367

-

8,310

415

431

447

463

478

494

509

525

540

555

570

585

600

-

-

-

-

-

Goodwill

8,673

8,842

8,606

8,961

8,886

9,023

9,157

9,210

9,714

9,445

9,314

9,006

8,422

8,291

8,838

8,755

8,827

8,478

399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

5,296

5,539

5,113

5,398

3,677

3,890

4,058

4,250

3,724

3,785

3,892

3,926

3,844

3,933

4,308

4,420

4,656

4,644

4,915

768

881

1,490

2,098

2,707

2,335

2,901

3,467

3,982

4,634

5,270

5,896

6,316

7,001

7,474

7,981

8,848

9,871

Other assets

12,059

8,573

9,152

8,842

11,069

8,026

6,642

10,722

11,922

11,165

11,635

11,761

11,871

11,966

12,008

12,284

12,012

12,359

8,385

1,967

1,907

1,719

1,620

16

-

1,729

-

-

-

-

-

-

-

-

-

-

-

Investment in leased property, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

263

Total assets

748,544

771,184

556,009

456,994

396,199

390,326

319,278

276,227

298,306

270,810

275,683

228,580

210,724

240,832

223,985

233,403

222,169

209,456

204,618

182,954

189,265

204,151

211,807

221,108

95,204

35,355

40,031

36,384

37,142

39,460

45,567

52,223

58,171

55,655

53,312

59,146

59,176

Liabilities, Redeemable Preferred Stock, and Stockholders' Equity
Current liabilities:
Borrowings under line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

3,380

1,000

-

-

5,405

-

-

-

Accounts payable

35,503

40,376

36,851

36,946

31,688

34,824

37,105

36,128

42,609

42,362

38,650

28,149

27,046

32,112

28,612

30,566

23,045

20,455

18,176

12,188

8,616

10,185

7,902

9,302

2,838

3,094

4,129

3,311

5,602

3,558

5,541

4,143

2,903

4,668

2,459

1,208

3,560

Accrued expenses

14,273

14,213

9,457

4,522

6,509

7,864

8,553

10,777

8,190

10,595

8,912

6,336

6,497

8,519

8,791

6,725

9,968

9,852

6,917

5,655

7,051

8,750

5,762

2,790

2,249

3,068

1,855

1,449

2,206

3,828

2,075

2,403

2,378

3,172

3,808

3,644

4,336

Deferred revenue

11,557

11,691

11,480

11,730

11,736

12,055

10,996

10,410

9,084

8,630

8,262

5,050

4,777

5,736

4,227

4,106

3,947

4,468

3,805

3,494

2,701

3,319

4,180

4,439

3,614

1,705

3,387

2,785

2,779

2,950

4,175

4,037

6,983

2,505

3,893

3,748

4,349

Short-term borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,961

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product warranty reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

379

486

-

725

1,006

1,227

1,311

1,306

1,426

1,478

1,608

1,413

1,566

1,872

2,671

2,968

1,020

1,091

1,210

1,594

971

862

Accrual for loss contracts related to service

-

-

-

-

-

-

-

-

-

-

-

-

-

752

2,600

2,400

3,400

4,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance obligations

52,047

49,507

41,112

30,663

23,997

74,264

48,705

40,581

37,662

34,506

23,913

21,197

21,716

14,787

10,472

5,171

2,528

2,671

-

200

396

587

773

754

-

717

700

683

666

1,304

-

-

-

-

-

-

-

Current portion of long-term debt

27,819

26,461

17,202

15,928

12,559

16,803

11,489

11,461

14,763

18,762

22,081

5,383

5,971

2,964

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

Other current liabilities

10,423

8,543

10,238

3,017

2,271

560

247

309

1,033

866

1,330

995

1,128

1,615

1,734

368

376

1,160

3,957

2,199

2,137

1,555

1,950

776

826

679

1,079

1,382

1,065

0

334

544

650

80

60

70

1,901

Total current liabilities

151,622

150,791

126,340

102,806

88,760

146,370

117,095

109,666

113,341

115,721

103,148

67,110

67,135

66,485

56,436

49,715

67,711

42,706

33,580

24,742

22,130

25,707

21,876

19,490

11,743

10,873

12,565

11,178

14,192

17,039

16,095

12,150

14,007

17,042

11,816

9,642

15,019

Deferred revenue

22,912

23,369

22,444

24,519

25,835

28,021

28,525

28,130

25,083

25,809

25,898

17,312

17,050

17,413

12,203

12,445

13,274

13,997

6,414

6,114

6,863

6,772

6,552

8,370

5,759

7,308

5,827

6,441

5,766

4,362

3,567

3,061

-

3,036

-

-

-

Accrual for loss contracts related to service

-

-

-

-

-

-

-

-

-

-

-

-

-

-

634

3,020

4,902

5,950

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligations under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

-

586

773

954

1,131

650

-

-

-

-

-

-

-

Common stock warrant liability

-

-

98

525

2,231

105

1,083

2,799

3,133

4,391

5,657

3,779

13,667

11,387

885

2,860

4,317

5,735

4,793

6,982

7,649

9,418

15,529

16,129

25,742

28,829

12,895

4,689

4,574

475

1,594

3,029

4,082

5,320

4,563

6,977

-

Finance obligations

272,171

265,228

208,465

157,531

111,195

118,076

86,562

33,693

35,383

37,069

35,466

22,743

25,114

29,767

35,258

35,253

14,396

14,809

9,650

2,391

2,408

2,426

2,443

2,460

2,476

2,492

2,507

2,522

2,544

0

-

-

-

-

-

-

-

Convertible senior notes, net

112,878

110,246

107,760

66,844

65,025

63,247

61,509

59,812

58,275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

79,119

85,708

78,840

83,776

72,676

133

9,372

15,272

12,871

13,371

17,933

17,955

17,873

20,829

23,541

23,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

13

13

13

13

17

18

18

18

19

94

119

261

245

241

257

254

385

370

381

-

-

392

408

1,201

740

765

794

1,182

1,222

1,247

1,264

1,213

1,247

1,219

1,204

1,273

1,243

Total liabilities

638,715

635,355

543,960

436,014

365,739

355,970

304,164

249,390

248,105

196,455

188,221

129,160

141,084

146,122

129,214

127,454

104,985

83,567

54,818

40,229

39,051

44,715

46,811

47,852

46,858

50,856

35,364

26,968

29,432

24,429

22,522

19,454

19,337

26,620

17,584

17,893

16,263

Redeemable preferred stock:
Redeemable preferred stock

-

-

-

-

-

-

709

-

-

-

-

-

-

-

1,153

1,153

1,153

-

1,153

1,153

1,152

1,153

1,152

2,371

2,371

2,371

2,451

2,451

-

0

-

-

-

-

-

-

-

Stockholders' equity:
Common stock, $0.01 par value per share; 750,000,000 shares authorized; Issued (including shares in treasury): 322,220,469 at March 31, 2020 and 318,637,560 at December 31, 2019

3,222

3,186

2,540

2,470

2,445

2,342

2,326

2,297

2,292

2,291

2,282

2,253

1,918

1,917

1,810

1,808

1,807

1,806

1,803

1,738

1,737

1,736

1,734

1,674

1,441

1,063

1,026

806

638

384

381

380

379

229

228

225

133

Additional paid-in capital

1,519,257

1,507,116

1,347,398

1,328,911

1,319,879

1,289,714

1,284,384

1,276,989

1,273,680

1,250,899

1,244,789

1,215,879

1,139,956

1,137,482

1,126,007

1,123,615

1,121,408

1,118,917

1,116,910

1,100,009

1,098,246

1,096,392

1,094,680

1,091,955

970,533

831,155

822,303

811,348

802,881

801,840

801,351

800,863

800,368

784,213

783,757

782,834

770,863

Accumulated other comprehensive income

1,164

1,400

929

1,460

1,374

1,584

1,762

1,844

2,606

2,194

1,958

1,403

467

247

1,115

1,092

1,381

798

1,245

898

897

898

897

897

897

897

947

922

965

1,004

1,035

924

1,005

928

910

1,070

965

Accumulated deficit

-1,400,000

-1,345,807

-1,334,057

-1,312,815

-1,294,241

-1,260,290

-1,243,430

-1,224,365

-1,198,484

-1,178,636

-1,159,185

-1,118,177

-1,078,541

-1,051,467

-1,032,230

-1,018,810

-1,005,656

-993,876

-968,649

-958,411

-949,158

-938,081

-930,898

-921,521

-925,346

-849,437

-820,507

-804,560

-795,222

-786,646

-778,171

-767,846

-761,366

-754,783

-747,616

-741,325

-727,329

Less common stock in treasury: 15,261,007 at March 31, 2020 and 15,259,045 at December 31, 2019

31,224

31,216

31,216

30,681

30,637

30,637

30,637

30,637

30,602

3,102

3,091

3,091

3,091

3,091

3,084

2,909

2,909

2,909

2,662

2,662

2,662

2,662

2,571

2,121

-1,552

1,552

1,552

1,552

1,552

-1,552

1,552

1,552

1,552

1,552

1,552

1,552

1,719

Total stockholders ' equity

109,120

134,679

-14,406

-10,655

-1,180

2,713

14,405

26,128

49,492

73,646

86,753

98,267

60,709

85,088

93,618

104,796

116,031

124,736

148,647

141,572

149,061

158,283

163,843

170,884

45,974

-17,872

2,216

6,964

7,710

15,030

23,044

32,769

38,834

29,035

35,727

41,253

42,913

Total liabilities, redeemable preferred stock, and stockholders ' equity

748,544

771,184

556,009

456,994

396,199

390,326

319,278

276,227

298,306

270,810

275,683

228,580

210,724

240,832

223,985

233,403

222,169

209,456

204,618

182,954

189,265

204,151

211,807

221,108

95,204

35,355

40,031

36,384

37,142

39,460

45,567

52,223

58,171

55,655

53,312

59,146

59,176

Series C Redeemable Convertible Preferred Stock
Redeemable preferred stock

709

709

709

709

709

709

-

709

709

709

709

1,153

1,153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series E Redeemable Convertible Preferred Stock
Redeemable preferred stock

-

441

25,746

30,926

30,931

30,934

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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Series D Redeemable Convertible Preferred Stock
Redeemable preferred stock

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7,778

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