XML 48 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Nature of Operations (Details)
$ / shares in Units, $ in Thousands, shares in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 10, 2020
USD ($)
Jul. 01, 2020
shares
Jun. 10, 2020
USD ($)
May 06, 2020
USD ($)
Apr. 13, 2020
USD ($)
May 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
$ / shares
shares
Nov. 30, 2019
USD ($)
Sep. 30, 2019
USD ($)
Apr. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
$ / shares
shares
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
shares
Mar. 31, 2019
USD ($)
$ / shares
shares
Jun. 30, 2020
USD ($)
item
Jun. 30, 2019
USD ($)
May 05, 2020
Mar. 31, 2020
USD ($)
Liquidity                                    
Number of fuel cell systems deployed | item                             34,000      
Net loss attributable to common shareholders                       $ 8,669 $ 18,107   $ 46,154 $ 49,072    
Accumulated deficit             $ 1,345,807         1,391,961     1,391,961      
Net cash used in operating activities                             111,247 48,488    
Net loss attributable to the Company                       (8,656) $ (18,094)   (46,135) (49,046)    
Net outflows from fluctuations in working capital and other assets and liabilities                             61,100      
Cash and cash equivalents             139,496         152,492     152,492      
Net working capital             $ 162,500         $ 186,300     186,300      
Net cash used in investing activities                             (56,551) (6,316)    
Net cash provided by financing activities                             181,565 80,026    
Number of common stock sold | shares                     10.0              
Share price (in dollars per share) | $ / shares                     $ 2.35     $ 2.35        
Proceeds from public offerings, net of transaction costs                     $ 23,500       $ (269) 28,265    
Interest rate (as a percent)                       9.50%     9.50%      
Proceeds from issuance of convertible senior notes, net                             $ 205,100      
Net proceeds     $ 25,000                       27,678 25,609    
Conversion of notes through common stock issuance | shares   16.0                                
Remaining lease payments                       $ 293,700     293,700      
Security on lease                       233,800     233,800      
Letter of credit                       98,200     98,200      
Value of shares issued                             (269) 28,265    
Repayments of finance obligations                             11,783 $ 56,070    
Incremental term loan                       141,200     141,200      
Secured term loan facility                                    
Liquidity                                    
Proceeds from borrowing of long-term debt               $ 20,000                    
Wells Fargo                                    
Liquidity                                    
Remaining lease payments                       103,200     $ 103,200      
Sale/leaseback transactions under Wells Fargo MLA | item                             0      
Letter of credit                       50,600     $ 50,600      
Financial Institutions                                    
Liquidity                                    
Remaining lease payments                       190,500     190,500      
Cash collateral for unguaranteed portions                       172,300     172,300      
Loan and security agreement | Secured term loan facility                                    
Liquidity                                    
Interest rate (as a percent)       9.50%                         12.00%  
Proceeds from borrowing of long-term debt       $ 50,000                            
Outstanding balance                       141,200     141,200      
Incremental term loan       50,000                            
Additional loan       $ 50,000                            
Loan and security agreement | Secured term loan facility | Subsequent event                                    
Liquidity                                    
Additional amount borrowed $ 25,000                                  
Loan and security agreement | Generate Lending, LLC                                    
Liquidity                                    
Repayments of finance obligations                     17,600              
Termination of certain equipment leases                     50,300              
Loan and security agreement | Generate Lending, LLC | Secured term loan facility                                    
Liquidity                                    
Principal amount                     100,000     $ 100,000        
Interest rate (as a percent)               12.00%                    
Proceeds from borrowing of long-term debt               $ 20,000   $ 15,000 $ 85,000              
Outstanding balance                                   $ 107,500
Convertible Senior Notes                                    
Liquidity                                    
Interest rate (as a percent)           3.75%     7.50%                  
$200M Convertible Senior Notes                                    
Liquidity                                    
Interest rate (as a percent)           5.50%                        
Debt Instrument, Repurchased Face Amount           $ 66,300                        
$40M Convertible Senior Note                                    
Liquidity                                    
Principal amount                 $ 40,000                  
Interest rate (as a percent)                 7.50%                  
Obligation, net of interest accretion                 $ 48,000                  
Carrying amount of debt                       $ 41,000     41,000      
Proceeds from borrowing of long-term debt                 $ 39,100                  
$212.8M Convertible Senior Notes                                    
Liquidity                                    
Principal amount           $ 212,800                        
Interest rate (as a percent)           3.75%                        
Proceeds from issuance of convertible senior notes, net           $ 205,100                        
Net proceeds                             $ 90,200      
5.5 % Covertable Senior Notes                                    
Liquidity                                    
Payments for Repurchase of Convertible Debt           66,300                        
Payment for Derivative Contract           $ 15,300                        
At Market Issuance Sales Agreement                                    
Liquidity                                    
Authorized amount         $ 75,000                          
Number of common stock sold | shares                         2.1 0.0        
Proceeds from public offerings, net of transaction costs                         $ 5,500          
Public Offerings                                    
Liquidity                                    
Number of common stock sold | shares             46.0       10.0              
Share price (in dollars per share) | $ / shares             $ 2.75       $ 2.35     $ 2.35        
Proceeds from public offerings, net of transaction costs             $ 120,400       $ 23,500