XML 85 R74.htm IDEA: XBRL DOCUMENT v3.22.2
Portfolio Financings - Narrative (Details)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 6 Months Ended
Jun. 14, 2022
MW
Jun. 13, 2022
Jun. 30, 2022
USD ($)
Jun. 13, 2022
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
MW
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Variable Interest Entity [Line Items]                  
Repayment of debt of PPA IIIa             $ 30,212 $ 0  
Loss on extinguishment of debt         $ 4,233 $ 0 4,233 0  
Customer financing receivable [1]     $ 0   0   0   $ 5,784
Non-current portion of net investment in sales-type leases [1]     0   0   0   39,484
Write-off of assets related to PPA IIIa             44,800 0  
Depreciation and amortization         16,300   30,697 26,808  
Increase in contract assets             8,173 15,311  
Decrease in inventories             (62,824) (21,026)  
Total revenue         243,236 228,470 444,275 422,477  
Cost of revenue         245,206 191,126 418,308 330,482  
Net cash (used in) provided by financing activities             (56,946) 53,804  
Debt extinguishment cost             2,413 0  
Electricity                  
Variable Interest Entity [Line Items]                  
Total revenue         18,456 17,017 37,156 34,018  
Cost of revenue         58,029 10,155 70,790 21,474  
Product                  
Variable Interest Entity [Line Items]                  
Total revenue         173,625 146,867 307,172 284,797  
Cost of revenue         129,419 108,891 235,161 196,185  
Installation                  
Variable Interest Entity [Line Items]                  
Total revenue         12,729 28,879 26,282 31,538  
Cost of revenue         16,730 $ 36,515 29,503 $ 41,140  
Variable Interest Entity, Primary Beneficiary                  
Variable Interest Entity [Line Items]                  
Customer financing receivable     0   0   0   5,784
Non-current portion of net investment in sales-type leases     0   0   0   39,484
Property, plant and equipment, net     213,999   213,999   $ 213,999   $ 228,546
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA                  
Variable Interest Entity [Line Items]                  
Energy servers power | MW 9.8           9.8    
Repayment of debt of PPA IIIa       $ 30,600          
Loss on extinguishment of debt       4,200          
Write-off of debt discount       1,800          
Make-whole payment       $ 2,400          
Net cash (used in) provided by financing activities             $ 32,600    
Repayments of debt             30,200    
Debt extinguishment cost             2,400    
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | PPA 3A Upgrade                  
Variable Interest Entity [Line Items]                  
Repayment of debt of PPA IIIa             30,600    
Loss on extinguishment of debt             4,200    
Cash and cash equivalents decrease from project     6,400            
Cash receipts from sale of energy             26,600    
Customer financing receivable     5,900   5,900   5,900    
Non-current portion of net investment in sales-type leases     36,900   36,900   36,900    
Property, plant and equipment, net     2,200   2,200   2,200    
Write-off of assets related to PPA IIIa             44,800    
Depreciation and amortization             200    
Estimated depreciable life 6 months 15 years              
Increase in contract assets     17,000            
Decrease in inventories     16,700            
Increase in other liabilities     $ 7,400            
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Net Product And Installation | PPA 3A Upgrade                  
Variable Interest Entity [Line Items]                  
Total revenue         $ 36,900   1,100    
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Electricity | PPA 3A Upgrade                  
Variable Interest Entity [Line Items]                  
Write-off of assets related to PPA IIIa             44,800    
Depreciation and amortization             200    
Cost of revenue             45,000    
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Product | PPA 3A Upgrade                  
Variable Interest Entity [Line Items]                  
Cost of revenue             15,900    
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Installation | PPA 3A Upgrade                  
Variable Interest Entity [Line Items]                  
Total revenue             $ 800    
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Sale Of Project Company | Disposal Group, Disposed of by Sale, Not Discontinued Operations                  
Variable Interest Entity [Line Items]                  
Percent interest sold 100.00%                
[1] We have variable interest entities, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio Financings).