Bloom Energy Corp
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of
Consolidated Statements of Stockholders’ Equity (Deficit)
(in thousands, except share data)
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Total Equity Attributable to Common Stockholders · Noncontrolling Interest · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balances at December 31, 2022 | 205,664,690 | $20 | $3,906,491 | $(1,251) | $(3,564,483) | $340,777 | $38,039 | $378,816 |
| Issuance of restricted stock awards | 4,160,416 | — | — | — | — | — | — | — |
| ESPP purchase | 875,695 | — | 13,363 | — | — | 13,363 | — | 13,363 |
| Exercise of stock options | 525,031 | — | 3,582 | — | — | 3,582 | — | 3,582 |
| Stock-based compensation | — | — | 87,076 | — | — | 87,076 | — | 87,076 |
| Contributions from noncontrolling interest | — | — | — | — | — | — | 6,979 | 6,979 |
| Distributions and payments to noncontrolling interest | — | — | — | — | — | — | (2,265) | (2,265) |
| Buyout of noncontrolling interest | — | — | 11,482 | — | — | 11,482 | (18,346) | (6,864) |
| Derecognition of the pre-modified forward contract fair value | — | — | 76,242 | — | — | 76,242 | — | 76,242 |
| Equity component of redeemable convertible preferred stock | — | — | 16,145 | — | — | 16,145 | — | 16,145 |
| Purchase of capped call options related to convertible notes | — | — | (54,522) | — | — | (54,522) | — | (54,522) |
| Conversion of redeemable convertible preferred stock | 13,491,701 | 1 | 310,484 | — | — | 310,485 | — | 310,485 |
| Foreign currency translation adjustment | — | — | — | (436) | — | (436) | 6 | (430) |
| Net loss | — | — | — | — | (302,116) | (302,116) | (5,821) | (307,937) |
| Balances at December 31, 2023 | 224,717,533 | $21 | $4,370,343 | $(1,687) | $(3,866,599) | $502,078 | $18,592 | $520,670 |
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · AccumulatedDeficit · Total Equity (Deficit) Attributable to Common Stockholders · NoncontrollingInterest · Total Stockholders’ Equity (Deficit) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||||||
| Balances at December 31, 2021 | 176,460,407 | $18 | $3,219,081 | $(350) | $(3,263,075) | $(44,326) | $42,499 | $(1,827) | |||||||
| Issuance of restricted stock awards | 2,957,215 | — | — | — | — | — | — | — | |||||||
| ESPP purchase | 759,744 | — | 11,600 | — | — | 11,600 | — | 11,600 | |||||||
| Exercise of stock options | 537,324 | — | 3,679 | — | — | 3,679 | — | 3,679 | |||||||
| Stock-based compensation | — | — | 112,722 | — | — | 112,722 | — | 112,722 | |||||||
| Contributions from noncontrolling interest | — | — | — | — | — | — | 2,815 | 2,815 | |||||||
| Distributions and payments to noncontrolling interest | — | — | (500) | — | — | (500) | (6,354) | (6,854) | |||||||
| Buyout of noncontrolling interest | — | — | (24,350) | — | — | (24,350) | 12,350 | (12,000) | |||||||
| Public share offering | 14,950,000 | 1 | 371,526 | — | — | 371,527 | — | 371,527 | |||||||
| Forward contract to purchase Class A common stock | — | — | 4,183 | — | — | 4,183 | — | 4,183 | |||||||
| Conversion of redeemable convertible preferred stock | 10,000,000 | 1 | 208,550 | — | — | 208,551 | — | 208,551 | |||||||
| Foreign currency translation adjustment | — | — | — | (901) | — | (901) | 107 | (794) | |||||||
| Net loss1 | — | — | — | — | (301,408) | (301,408) | (13,378) | (314,786) | |||||||
| Balances at December 31, 2022 | 205,664,690 | $20 | $3,906,491 | $(1,251) | $(3,564,483) | $340,777 | $38,039 | $378,816 | |||||||
1 Excludes $300 attributable to redeemable noncontrolling interest.
Note: Beginning redeemable NCI of $300 — Net loss attributable to redeemable NCI of $300 = Ending redeemable NCI of Nil.
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · AccumulatedDeficit · Total (Deficit) Equity attributable to Common Stockholders · NoncontrollingInterest · Total Stockholders’ (Deficit) Equity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||||
| Balances at December 31, 2020 | 168,002,726 | $17 | $3,182,753 | $(9) | $(3,103,937) | $78,824 | $62,195 | $141,019 | |||||
| Cumulative effect upon adoption of new accounting standard | — | — | (126,799) | — | 5,308 | (121,491) | — | (121,491) | |||||
| Issuance of restricted stock awards | 3,052,012 | — | — | — | — | — | — | — | |||||
| ESPP purchase | 1,945,305 | — | 10,045 | — | — | 10,045 | — | 10,045 | |||||
| Exercise of stock options | 3,460,364 | 1 | 79,744 | — | — | 79,745 | — | 79,745 | |||||
| Stock-based compensation | — | — | 73,338 | — | — | 73,338 | — | 73,338 | |||||
| Distributions and payments to noncontrolling interest | — | — | — | — | — | — | (5,789) | (5,789) | |||||
| Change in effective portion of interest rate swap agreement | — | — | — | — | — | — | 15,243 | 15,243 | |||||
| Foreign currency translation adjustment | — | — | — | (341) | (1) | (342) | (254) | (596) | |||||
| Net loss2 | — | — | — | — | (164,445) | (164,445) | (28,896) | (193,341) | |||||
| Balances at December 31, 2021 | 176,460,407 | $18 | $3,219,081 | $(350) | $(3,263,075) | $(44,326) | $42,499 | $(1,827) | |||||
2 Excludes $28 attributable to redeemable noncontrolling interest.
Note: Beginning redeemable NCI of $377 — distributions to redeemable noncontrolling interests of $49 — Net loss attributable to redeemable NCI of $28 = Ending redeemable NCI of $300.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.