XML 25 R4.htm IDEA: XBRL DOCUMENT v3.23.4
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Revenues:      
Total revenues $ 123,394 $ 130,484 $ 69,585
Costs of revenues:      
Total costs of revenues 133,929 160,059 85,224
Gross loss (10,535) (29,575) (15,639)
Operating expenses:      
Administrative and selling expenses 64,528 79,620 37,948
Research and development expenses 61,021 34,529 11,315
Total costs and expenses 125,549 114,149 49,263
Loss from operations (136,084) (143,724) (64,902)
Interest expense (7,247) (6,394) (7,363)
Interest income 15,795 3,386 34
Change in fair value of common stock warrant liability     (15,974)
Extinguishment of Series 1 preferred share obligation     (934)
Gain (loss) on extinguishment of debt and finance obligations 15,337   (11,156)
Other income (expense), net 4,724 319 (728)
Loss before provision for income taxes (107,475) (146,413) (101,023)
Provision for income taxes (581) (819) (2)
Net loss (108,056) (147,232) (101,025)
Net (loss) income attributable to noncontrolling interest (488) (4,510) 30
Net loss attributable to FuelCell Energy, Inc. (107,568) (142,722) (101,055)
Series B preferred stock dividends (3,200) (3,200) (3,200)
Net loss attributable to common stockholders $ (110,768) $ (145,922) $ (104,255)
Loss per share basic and diluted:      
Net loss per share attributable to common stockholders, basic $ (0.26) $ (0.38) $ (0.31)
Net loss per share attributable to common stockholders, diluted $ (0.26) $ (0.38) $ (0.31)
Basic weighted average shares outstanding 419,747,796 383,139,140 334,742,346
Diluted weighted average shares outstanding 419,747,796 383,139,140 334,742,346
Net loss $ (108,056) $ (147,232) $ (101,025)
Other comprehensive income (loss):      
Foreign currency translation adjustments 80 (933) (80)
Total comprehensive loss (107,976) (148,165) (101,105)
Comprehensive (loss) income attributable to noncontrolling interest (488) (4,510) 30
Comprehensive loss attributable to FuelCell Energy, Inc. (107,488) (143,655) (101,135)
Series B Preferred Stock      
Operating expenses:      
Series B preferred stock dividends (3,200) (3,200) (3,200)
Product      
Revenues:      
Total revenues 19,589 60,000  
Costs of revenues:      
Total costs of revenues 12,878 64,495 7,976
Service and License      
Revenues:      
Total revenues 49,084 12,786 19,791
Costs of revenues:      
Total costs of revenues 44,953 17,233 24,735
Generation      
Revenues:      
Total revenues 37,508 36,186 24,027
Costs of revenues:      
Total costs of revenues 62,913 63,147 36,017
Advanced Technologies      
Revenues:      
Total revenues 17,213 21,512 25,767
Costs of revenues:      
Total costs of revenues $ 13,185 $ 15,184 $ 16,496