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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
Revenues:        
Total revenues $ 23,695 $ 25,510 $ 62,806 $ 100,932
Costs of revenues:        
Total costs of revenues 29,897 33,725 87,807 110,003
Gross loss (6,202) (8,215) (25,001) (9,071)
Operating expenses:        
Administrative and selling expenses 14,599 17,560 48,659 47,637
Research and development expenses 12,816 15,620 43,796 43,000
Total costs and expenses 27,415 33,180 92,455 90,637
Loss from operations (33,617) (41,395) (117,456) (99,708)
Interest expense (2,555) (1,912) (7,168) (4,926)
Interest income 3,269 3,966 10,726 11,064
Gain on extinguishment of finance obligations and debt, net   15,337   15,337
Other (expense) income, net (2,218) 403 (3,278) 216
Loss before provision for income taxes (35,121) (23,601) (117,176) (78,017)
Provision for income taxes (2)   (2) (581)
Net loss (35,123) (23,601) (117,178) (78,598)
Net (loss) income attributable to noncontrolling interests (2,463) 678 (32,585) (1,394)
Net loss attributable to FuelCell Energy, Inc. (32,660) (24,279) (84,593) (77,204)
Series B preferred stock dividends (800) (800) (2,400) (2,400)
Net loss attributable to common stockholders $ (33,460) $ (25,079) $ (86,993) $ (79,604)
Loss per share basic and diluted:        
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.07) $ (0.06) $ (0.19) $ (0.19)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.07) $ (0.06) $ (0.19) $ (0.19)
Basic weighted average shares outstanding (in shares) 503,183,725 415,867,594 469,387,264 409,361,826
Diluted weighted average shares outstanding (in shares) 503,183,725 415,867,594 469,387,264 409,361,826
Net loss $ (35,123) $ (23,601) $ (117,178) $ (78,598)
Other comprehensive loss:        
Foreign currency translation adjustments 141 (164) 96 132
Total comprehensive loss (34,982) (23,765) (117,082) (78,466)
Comprehensive (loss) income attributable to noncontrolling interests (2,463) 678 (32,585) (1,394)
Comprehensive loss attributable to FuelCell Energy, Inc. (32,519) (24,443) (84,497) (77,072)
Product        
Revenues:        
Total revenues 250   250 9,095
Costs of revenues:        
Total costs of revenues 4,181 2,910 9,510 7,425
Service        
Revenues:        
Total revenues 1,411 9,841 4,397 49,913
Costs of revenues:        
Total costs of revenues 1,146 9,575 4,301 40,633
Generation        
Revenues:        
Total revenues 13,402 10,982 38,013 28,979
Costs of revenues:        
Total costs of revenues 18,761 17,483 61,079 51,166
Advanced Technologies        
Revenues:        
Total revenues 8,632 4,687 20,146 12,945
Costs of revenues:        
Total costs of revenues $ 5,809 $ 3,757 $ 12,917 $ 10,779