Plug power inc (PLUG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net revenue:
Net revenue

230,239

174,632

100,153

82,819

103,288

64,230

26,601

26,108

27,625

19,472

12,292

Research and development contract revenue

-

-

-

-

-

-

-

-

3,886

3,597

7,459

Licensed technology revenue

-

-

-

-

-

-

-

-

516

135

-

Net revenue

-

-

-

-

103,288

-

-

-

-

15,738

4,832

Cost of revenue:
Cost of research and development contract revenue

-

-

-

-

-

-

-

2,804

6,232

6,370

12,433

Total cost of revenue

202,273

172,010

128,242

78,873

113,178

69,092

37,849

-

-

23,111

7,246

Provision for loss contracts related to service

-

-

-

1,071

-10,050

-

-

-

-

-

-

Gross loss

27,966

2,622

-28,089

3,946

-9,890

-4,862

-11,248

-

-

-

-

Operating expenses:
Research and development

33,675

33,907

28,693

21,177

14,948

6,469

3,121

5,434

5,655

12,901

16,324

Selling, general and administrative

44,333

38,198

45,010

34,288

34,164

26,601

14,596

14,576

14,545

25,572

15,426

Total operating expenses

78,008

72,105

73,703

55,465

49,112

33,070

17,717

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-673

3,217

-

Amortization of intangible assets

-

-

-

-

-

-

-

2,306

2,322

2,263

2,132

Operating loss

-50,042

-69,483

-101,792

-51,519

-59,002

-37,932

-28,965

-36,671

-31,127

-47,528

-41,270

Interest and other expense, net

-35,502

-22,135

-10,100

-10,704

-349

1,379

150

226

248

-1,056

-1,689

Change in fair value of common stock warrant liability

79

4,286

-15,188

4,344

3,661

-52,260

-37,102

4,845

3,447

-

-

Interest and other expense

-

-

-

-

-

-

398

261

-

-

-

Gain on sale of equity interest in joint venture

-

-

-

-

-

-

3,235

-

0

-

-

Loss before income taxes

-85,465

-87,332

-127,080

-57,879

-55,690

-88,813

-63,080

-31,862

-27,453

-

-

Interest and other expense and foreign currency gain (loss)

-

-

-

-

-

-

-

-

-22

486

1,127

Income tax benefit

-

-9,217

-

-392

-

-325

-410

-

0

-

-

Change in fair value of auction rate securities repurchase agreement

-

-

-

-

-

-

-

-

-

-5,977

4,246

Net trading gain

-

-

-

-

-

-

-

-

-

5,977

4,246

Net loss attributable to the Company

-85,465

-78,115

-127,080

-57,487

-55,690

-88,488

-62,670

-31,862

-27,453

-46,958

-40,708

Preferred stock dividends declared and accretion of discount

52

52

3,098

104

105

156

121

-

-

-

-

Net loss attributable to common stockholders

-85,500

-78,167

-130,178

-57,591

-55,795

-88,644

-62,791

-31,862

-27,453

-

-

Preferred stock dividends declared

-

-

-

-

-

-

-

-

0

-

-

Basic and diluted

-0.36

-0.36

-0.60

-0.32

-0.32

-0.56

-0.82

-0.93

-1.46

-3.58

-3.15

Weighted average number of common stock outstanding

237,152

218,882

216,343

180,619

176,067

159,228

76,436

34,376

18,778

13,123

12,911

Sales of fuel cell systems and related infrastructure
Net revenue

149,884

107,292

62,631

39,985

78,002

48,306

18,446

20,791

19,591

-

-

Total cost of revenue

96,859

84,439

54,815

29,543

67,703

43,378

20,414

25,353

22,625

-

-

Services performed on fuel cell systems and related infrastructure
Net revenue

25,217

22,002

16,202

17,347

14,012

9,909

6,659

-

-

-

-

Total cost of revenue

28,801

23,698

19,814

19,071

22,937

19,256

14,929

-

-

-

-

Power Purchase Agreements
Net revenue

25,853

22,869

12,869

13,687

5,718

2,137

-

3,615

3,631

-

-

Total cost of revenue

40,056

36,161

31,292

16,601

5,253

1,052

-

-

-

-

-

Fuel delivered to customers
Net revenue

29,099

22,469

8,167

10,916

5,075

1,959

-

1,701

-

-

-

Total cost of revenue

36,357

27,712

22,013

13,864

6,695

2,204

-

12,304

8,044

-

-

Other
Net revenue

186

-

284

884

481

1,919

1,496

-

-

-

-

Total cost of revenue

200

-

308

865

540

3,202

2,506

-

-

-

-

Provision for loss contracts related to service