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Midas Edge

PLUG POWER INC

For the period ended Mar 31, 2025. Filed May 12, 2025.

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.

Mar 31, 2025 · Filed May 12, 2025

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 · ​ · ​ · ​ · ​ · Total · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · Other · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Plug Power · ​ · ​ · ​ · Total
​ · ​ · Common Stock · ​ · Paid-in · ​ · Comprehensive · ​ · Treasury Stock · ​ · Accumulated · ​ · Stockholders’ · ​ · Non-controlling · ​ · Stockholders’
​ · Shares · Amount · Capital · Gain/(Loss) · Shares · Amount · Deficit · Equity · Interests · Equity
December 31, 2024934,126,897​$9,342​$8,430,537​$(2,502)20,230,043​$(108,795)​$(6,594,445)​$1,734,137​$73,619​$1,807,756
Net loss​—​—​—​——​—​(196,656)​(196,656)​​(203)​​(196,859)
Other comprehensive loss​—​—​—​(2,729)—​—​—​​(2,729)​​—​​(2,729)
Stock-based compensation​1,545,763​15​11,072​——​—​—​11,087​​—​​11,087
Public offerings, common stock, net of issuance costs​51,654,177​​517​​275,536​​—​—​​—​​—​​276,053​​—​​276,053
Stock option exercises and issuance of common stock upon grant/vesting of restricted stock and restricted stock unit awards​(157,005)​(2)​2​——​—​—​—​​—​​—
Treasury stock acquired from employees upon exercise of stock options and vesting of restricted stock and restricted stock unit awards​—​​—​​—​​—​27,027​​(49)​​—​​(49)​​—​​(49)
Provision for common stock warrants​—​​—​​7,049​​—​—​​—​​—​​7,049​​—​​7,049
Additional paid-in capital due to contributions to consolidated VIE​—​​—​​(1,971)​​—​—​​—​​—​​(1,971)​​1,971​​—
Principal payment of convertible debenture settled in common stock​10,440,906​​105​​30,174​​—​—​​—​​—​​30,279​​—​​30,279
March 31, 2025997,610,738​$9,977​$8,752,399​$(5,231)20,257,070​$(108,844)​$(6,791,101)​$1,857,200​$75,387​$1,932,587
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
December 31, 2023625,305,025​$6,254​$7,494,685​$(6,802)19,169,366​$(106,268)​$(4,489,744)​$2,898,125​$—​$2,898,125
Net loss​—​—​—​——​—​(295,776)​(295,776)​​—​​(295,776)
Other comprehensive loss​—​—​—​(2,276)—​—​—​​(2,276)​​—​​(2,276)
Stock-based compensation​923,027​9​13,695​——​—​—​13,704​​—​​13,704
Public offerings, common stock, net of issuance costs​79,553,175​​796​​304,550​​—​—​​—​​—​​305,346​​—​​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​​—​​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)​​—​​(278)
Provision for common stock warrants​—​​—​​10,236​​—​—​​—​​—​​10,236​​—​​10,236
March 31, 2024705,604,549​$7,057​$7,823,209​$(9,078)19,242,215​$(106,546)​$(4,785,520)​$2,929,122​$—​$2,929,122
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.