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Midas Edge

PLUG POWER INC

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 12, 2024

PLUG$1.37-9.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Condensed Consolidated Statements of Stockholders’ Equity

(In thousands, except share amounts)

​​​​​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · Accumulated · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Common Stock · ​ · Paid-in · ​ · Comprehensive · ​ · Treasury Stock · ​ · Accumulated · ​ · Stockholders’
​ · Shares · Amount · Capital · Gain/(Loss) · Shares · Amount · Deficit · Equity
December 31, 2023625,305,025​$6,254​$7,494,685​$(6,802)19,169,366​$(106,268)​$(4,489,744)​$2,898,125
Net loss​—​—​—​——​—​(295,776)​(295,776)
Other comprehensive loss​—​—​—​(2,231)—​—​—​​(2,231)
Stock-based compensation​923,027​9​13,695​——​—​—​13,704
Public offerings, common stock, net of issuance costs​79,553,175​​796​​304,550​​—​—​​—​​—​​305,346
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​(176,678)​(2)​43​——​—​—​41
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​72,849​​(278)​​—​​(278)
Provision for common stock warrants​—​​—​​10,236​​—​—​​—​​—​​10,236
March 31, 2024705,604,549​$7,057​$7,823,209​$(9,033)19,242,215​$(106,546)​$(4,785,520)​$2,929,167
Net loss​—​—​—​——​—​(262,333)​(262,333)
Other comprehensive income​—​—​—​7,084—​—​—​​7,084
Stock-based compensation​1,252,258​13​26,296​——​—​—​26,309
Public offerings, common stock, net of issuance costs​96,812,695​​968​​265,806​​—​—​​—​​—​​266,774
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​698,280​6​20​——​—​—​26
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​118,242​​(324)​​—​​(324)
Earnouts from acquisitions paid in stock​2,625,628​​26​​18,215​​—​—​​—​​—​​18,241
Provision for common stock warrants​—​​—​​3,636​​—​—​​—​​—​​3,636
June 30, 2024806,993,410​$8,070​$8,137,182​$(1,949)19,360,457​$(106,870)​$(5,047,853)​$2,988,580
Net loss​—​​—​​—​​—​—​​—​​(211,168)​​(211,168)
Other comprehensive income​—​​—​​—​​315​—​​—​​—​​315
Stock-based compensation​1,299,404​​13​​24,094​​—​—​​—​​—​​24,107
Public offerings, common stock, net of issuance costs​91,785,729​​918​​220,211​​—​—​​—​​—​​221,129
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​203,030​​2​​27​​—​—​​—​​—​​29
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​471,137​​(1,075)​​—​​(1,075)
Provision for common stock warrants​—​​—​​7,416​​—​—​​—​​—​​7,416
September 30, 2024​900,281,573​$9,003​$8,388,930​$(1,634)​19,831,594​$(107,945)​$(5,259,021)​$3,029,333
​​​​​​​​​​​​​​​​​​​​​​​
December 31, 2022608,421,785​$6,084​$7,297,306​$(26,004)18,076,127​$(96,261)​$(3,120,911)​$4,060,214
Net loss​—​​—​​—​​—​—​​—​​(206,561)​​(206,561)
Other comprehensive income​—​​—​​—​​6,970​—​​—​​—​​6,970
Stock-based compensation​228,954​​2​​43,300​​—​—​​—​​—​​43,302
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​620,250​​6​​668​​—​—​​—​​—​​674
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​169,787​​(2,590)​​—​​(2,590)
Exercise of warrants​2,680,637​​28​​(28)​​—​—​​—​​—​​—
Provision for common stock warrants​—​​—​​19,641​​—​—​​—​​—​​19,641
March 31, 2023​611,951,626​$6,120​$7,360,887​$(19,034)​18,245,914​$(98,851)​$(3,327,472)​$3,921,650
Net loss​—​​—​​—​​—​—​​—​​(236,398)​​(236,398)
Other comprehensive income​—​​—​​—​​5,270​—​​—​​—​​5,270
Stock-based compensation​338,328​​3​​39,915​​—​—​​—​​—​​39,918
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​246,717​​3​​55​​—​—​​—​​—​​58
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​39,349​​(364)​​—​​(364)
Exercise of warrants​6,623,794​​66​​(66)​​—​—​​—​​—​​—
Provision for common stock warrants​—​​—​​951​​—​—​​—​​—​​951
Earnouts from acquisitions paid in stock​927,042​​9​​7,991​​—​—​​—​​—​​8,000
June 30, 2023​620,087,507​$6,201​$7,409,733​$(13,764)​18,285,263​$(99,215)​$(3,563,870)​$3,739,085
Net loss​—​​—​​—​​—​—​​—​​(283,479)​​(283,479)
Other comprehensive income​—​​—​​—​​12,143​—​​—​​—​​12,143
Stock-based compensation​361,162​​4​​45,850​​—​—​​—​​—​​45,854
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​3,818,384​​38​​543​​—​—​​—​​—​​581
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​594,104​​(4,968)​​—​​(4,968)
Provision for common stock warrants​—​​—​​70​​—​—​​—​​—​​70
September 30, 2023​624,267,053​$6,243​$7,456,196​$(1,621)​18,879,367​$(104,183)​$(3,847,349)​$3,509,286
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.