XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Revenues:        
Revenues $ 16,384 $ 13,953 $ 48,179 $ 28,830
Costs of revenues:        
Costs of revenues 23,694 18,709 58,384 37,204
Gross loss (7,310) (4,756) (10,205) (8,374)
Operating expenses:        
Administrative and selling expenses 13,234 9,670 50,199 18,602
Research and development expenses 7,673 2,964 12,657 4,787
Total costs and expenses 20,907 12,634 62,856 23,389
Loss from operations (28,217) (17,390) (73,061) (31,763)
Interest expense (1,707) (1,563) (3,135) (4,108)
Loss on extinguishment of debt       (11,156)
Loss on extinguishment of Series 1 preferred share obligation       (934)
Change in fair value of common stock warrant liability       (15,974)
Other (expense) income, net (202) 32 (50) (946)
Loss before benefit for income taxes (30,126) (18,921) (76,246) (64,881)
Benefit for income taxes   4   4
Net loss (30,126) (18,917) (76,246) (64,877)
Net loss attributable to noncontrolling interest 91   (5,405)  
Net loss attributable to FuelCell Energy, Inc. (30,217) (18,917) (70,841) (64,877)
Series B preferred stock dividends (800) (800)    
Net loss attributable to common stockholders $ (31,017) $ (19,717) $ (72,441) $ (66,477)
Loss per share basic and diluted:        
Net loss per share attributable to common stockholders, basic $ (0.08) $ (0.06) $ (0.20) $ (0.21)
Net loss per share attributable to common stockholders, diluted $ (0.08) $ (0.06) $ (0.20) $ (0.21)
Basic weighted average shares outstanding 372,615,824 322,500,592 369,626,543 317,219,129
Diluted weighted average shares outstanding 372,615,824 322,500,592 369,626,543 317,219,129
Net loss $ (30,126) $ (18,917) $ (76,246) $ (64,877)
Other comprehensive loss:        
Foreign currency translation adjustments 149 60 240 2
Total comprehensive loss (30,275) (18,977) (76,486) (64,879)
Comprehensive loss attributable to noncontrolling interest 91   (5,405)  
Comprehensive loss attributable to FuelCell Energy, Inc. (30,366) (18,977) (71,081) (64,879)
Series B Preferred Stock        
Operating expenses:        
Series B preferred stock dividends (800) (800) (1,600) (1,600)
Product        
Revenues:        
Revenues     18,000  
Costs of revenues:        
Costs of revenues 3,033 1,921 21,240 4,287
Service        
Revenues:        
Revenues 2,639 660 4,806 5,573
Costs of revenues:        
Costs of revenues 3,033 2,867 5,405 7,966
Generation        
Revenues:        
Revenues 9,050 6,185 16,546 11,076
Costs of revenues:        
Costs of revenues 14,120 9,422 24,842 16,537
Advanced Technologies        
Revenues:        
Revenues 4,695 7,108 8,827 12,181
Costs of revenues:        
Costs of revenues $ 3,508 $ 4,499 $ 6,897 $ 8,414