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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Unaudited Quarterly Financial Data  
Schedule of Quarterly Financial Information

 

                                                                                                                                                                                    

 

 

Quarters ended

 

 

 

March 31,
2015

 

June 30,
2015

 

September 30,
2015

 

December 31,
2015

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of fuel cell systems and related infrastructure

 

$

5,090

 

$

18,663

 

$

24,777

 

$

29,472

 

Services performed on fuel cell systems and related infrastructure

 

 

2,645

 

 

2,883

 

 

3,555

 

 

4,929

 

Power Purchase Agreements

 

 

977

 

 

1,077

 

 

1,546

 

 

2,118

 

Fuel delivered to customers

 

 

659

 

 

1,128

 

 

1,544

 

 

1,744

 

Other

 

 

45

 

 

258

 

 

10

 

 

168

 

Gross (loss) profit(1)

 

 

(2,111

)

 

1,562

 

 

76

 

 

(9,417

)

Operating expenses

 

 

10,650

 

 

11,427

 

 

12,332

 

 

14,703

 

Operating loss

 

 

(12,761

)

 

(9,865

)

 

(12,256

)

 

(24,120

)

Net loss attributable to common shareholders

 

 

(11,077

)

 

(9,253

)

 

(10,238

)

 

(25,227

)

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted

 

$

(0.06

)

$

(0.05

)

$

(0.06

)

$

(0.14

)


 

 

(1)          

Gross loss in the fourth quarter of 2015 includes the impact of a $10.1 million provision for loss contract related to service recorded by the Company, as discussed in note 10, Warranty Reserve and Accrual for Loss Contracts Related to Service.

 

                                                                                                                                                                                    

 

 

Quarters ended

 

 

 

March 31,
2014

 

June 30,
2014

 

September 30,
2014

 

December 31,
2014

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of fuel cell systems and related infrastructure

 

$

3,162

 

$

13,601

 

$

15,462

 

$

16,081

 

Services performed on fuel cell systems and related infrastructure

 

 

1,567

 

 

2,729

 

 

2,755

 

 

2,858

 

Power Purchase Agreements

 

 

259

 

 

337

 

 

639

 

 

902

 

Fuel delivered to customers

 

 

241

 

 

326

 

 

654

 

 

738

 

Other

 

 

346

 

 

328

 

 

371

 

 

874

 

Gross (loss) profit

 

 

(2,306

)

 

195

 

 

(1,093

)

 

(1,658

)

Operating expenses

 

 

5,072

 

 

6,837

 

 

9,603

 

 

11,558

 

Operating loss

 

 

(7,378

)

 

(6,642

)

 

(10,696

)

 

(13,216

)

Net (loss) income attributable to common shareholders

 

 

(75,909

)

 

3,825

 

 

(9,377

)

 

(7,183

)

(Loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted

 

$

(0.57

)

$

0.02

 

$

(0.06

)

$

(0.04

)