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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

 

 

Quarters ended

 

 

    

March 31,

    

June 30,

    

September 30,

    

December 31,

 

 

 

2016

 

2016

 

2016

 

2016

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of fuel cell systems and related infrastructure

 

$

5,218

 

$

9,121

 

$

5,653

 

$

19,993

 

Services performed on fuel cell systems and related infrastructure

 

 

5,273

 

 

5,360

 

 

4,763

 

 

5,060

 

Power Purchase Agreements

 

 

2,706

 

 

3,062

 

 

3,858

 

 

4,061

 

Fuel delivered to customers

 

 

2,010

 

 

2,638

 

 

2,909

 

 

3,359

 

Other

 

 

125

 

 

278

 

 

376

 

 

105

 

Gross profit (1)

 

 

170

 

 

384

 

 

381

 

 

3,011

 

Operating expenses

 

 

13,120

 

 

13,760

 

 

13,637

 

 

14,948

 

Operating loss

 

 

(12,950)

 

 

(13,376)

 

 

(13,256)

 

 

(11,937)

 

Net loss attributable to common shareholders

 

 

(11,780)

 

 

(13,154)

 

 

(13,420)

 

 

(19,237)

 

Loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted

 

$

(0.07)

 

$

(0.07)

 

$

(0.07)

 

$

(0.11)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarters ended

 

 

    

March 31,

    

June 30,

    

September 30,

    

December 31,

 

 

 

2015

 

2015

 

2015

 

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)

 

 


Gross profit in the second quarter of 2016 and the fourth quarter of 2015 includes the impact of a ($1.1 million) and $10.1 million provision for loss contracts related to service recorded by the Company, respectively, as discussed in Note 11, Warranty Reserve and Accrual for Loss Contracts Related to Service.