September 27, 2025 Claire B 0 Comments

Overview

Organizations must manage their working capital management to meet their short-term obligations. It's important to consider working capital problems such as excess credit or a low cash balance. This is especially important when you propose new projects or investments. A business can get a competitive advantage in the marketplace if they manage these issues early.

Directions

Look at the business you selected (Tesla) in the Module Two Journal and its financial statements for the most recent fiscal quarter. Complete the calculations for determining working capital. Then tell how the financial statements help determine financial health.

Specifically, you must address the following rubric criteria:

  • Financial Statements: Explain the various financial statements needed to calculate a business’s working capital. Also explain how to use each financial statement for the calculation. Give examples to support your claims.
  • Working Capital’s Role: Discuss how businesses that manage their working capital well stay healthy.
  • Working Capital Interpretation: Use the correct formula to calculate working capital. Then discuss the business’s current financial liquidity position.
    • For example, does the business have enough working capital ready to address bills to suppliers? Will there be potential cash inflow at the end of the year?
  • Working Capital Management Trend: Discuss the business’s trend in how they manage their working capital.
    • Remember that financial statements reflect a specific period of time and the value of the business’s working capital during that period. Use Mergent Online to find financial statements for earlier periods. This will give you a better sense of the business’s trend.

What to Submit

Your submission should be a 2- to 3-page Word document with 12-point Times New Roman font, double spacing, and one-inch margins. Any sources should be cited according to APA style.

asreported

Powered by Clearbit
Tesla Inc (NMS: TSLA)
Exchange rate used is that of the Year End reported date
As Reported Quarterly Balance Sheet
Report Date 09/30/2023 06/30/2023 03/31/2023 09/30/2022 06/30/2022 03/31/2022 09/30/2021 06/30/2021 03/31/2021 09/30/2020 06/30/2020 03/31/2020 09/30/2019 06/30/2019 03/31/2019 09/30/2018 06/30/2018 03/31/2018 09/30/2017 06/30/2017 03/31/2017 09/30/2016 06/30/2016 03/31/2016 09/30/2015 06/30/2015 03/31/2015 09/30/2014 06/30/2014 03/31/2014 09/30/2013 06/30/2013 03/31/2013 09/30/2012 06/30/2012 03/31/2012 09/30/2011 06/30/2011 03/31/2011 09/30/2010 06/30/2010 03/31/2010
3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter
Currency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
Audit Status Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited
Consolidated Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Scale Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands
Cash & cash equivalents 15932000 15296000 16048000 19532000 18324000 17505000 16065000 16229000 17141000 14531000 8615000 8080000 5338000 4954740 2198169 2967504 2236424 2665673 3530030 3035924 4006593 3084257 3246301 1441789 1426036 1150673 1510076 2370735 2674910 2393908 795116 746057 214417 85693 210554 218570 213328 319380 100655 96563 47304 61546
Short-term investments 10145000 7779000 6354000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Short-term marketable securities – – – 1575000 591000 508000 30000 – – – – – – – – – – – – – – – – – – – – – – 189111 – – – – – 25009 65060 – – – – –
Restricted cash – – – – – – – – – – – – 233000 128006 130950 158627 146822 120194 138181 118369 88946 – – – – – – – – 1049 1265 1362 16719 22861 21960 39199 55305 11251 42943 88130 – –
Restricted cash & marketable securities – – – – – – – – – – – – – – – – – – – – – 23711 24525 23980 25223 20591 20693 17331 11714 – – – – – – – – – – – – –
Accounts receivable, net 2520000 3447000 2993000 2192000 2081000 2311000 1962000 2129000 1890000 1757000 1485000 1274000 1128000 1147100 1046945 1155001 569874 652848 607734 453539 440349 326895 178594 318056 119964 138648 200052 156889 96607 72380 47580 113544 46139 9164 11023 13589 18250 23308 20260 8062 6467 5931
Raw materials 5817000 5968000 6405000 5381000 4949000 3822000 2355000 2067000 1836000 1573000 1842000 1653000 1284000 1095888 1079216 997476 972739 902190 612225 558109 693499 353751 436953 507529 393691 395171 370553 361837 235279 197779 164346 99734 115966 83974 31074 15867 15675 19155 18091 15518 12013 9739
Work in process 2246000 2202000 2458000 2237000 1370000 1306000 1061000 858000 454000 572000 420000 494000 335000 334641 277155 358113 350443 315227 277155 266320 254684 329938 289307 199157 86587 99116 63058 74981 48110 64431 38608 47874 41698 25525 1000 197 6848 4010 5611 3281 2576 3766
Finished goods 4550000 5193000 4591000 2067000 1185000 977000 1252000 1318000 1341000 1674000 1379000 1961000 1583000 1600214 2151012 1657339 1721860 1125665 1418385 1470359 1141556 791600 754828 472834 692437 597329 492645 226023 250030 132234 102387 77860 63255 30845 16589 22489 20025 24971 21375 16520 11686 12644
Service parts 1108000 993000 921000 642000 604000 586000 531000 490000 501000 399000 377000 386000 379000 351615 329467 301199 279601 222744 163617 143323 130597 129282 128519 122441 121002 120663 128584 89651 63508 56286 42204 29423 16699 18704 18006 16874 6668 6176 5746 4189 3243 2439
Inventory 13721000 14356000 14375000 10327000 8108000 6691000 5199000 4733000 4132000 4218000 4018000 4494000 3581000 3382358 3836850 3314127 3324643 2565826 2471382 2438111 2220336 1604571 1609607 1301961 1293717 1212279 1054840 752492 596927 450730 347545 254891 237618 159048 66669 55427 49216 54312 50823 39508 29518 28588
Prepaid expenses & other current assets 2708000 2997000 3227000 2364000 2118000 2035000 1746000 1602000 1542000 1238000 1218000 1045000 660000 569748 464908 325232 422034 379379 321406 313501 271665 132978 144678 153757 133855 106430 135756 65467 61536 48869 27260 13688 11100 7775 6920 7103 10962 9507 12225 8870 6745 4537
Total current assets 45026000 43875000 42997000 35990000 31222000 29050000 25002000 24693000 24705000 21744000 15336000 14893000 10940000 10181952 7677822 7920491 6699797 6383920 7068733 6359444 7027889 5172412 5203705 3239543 2998795 2628621 2921417 3362914 3441694 3156047 1218766 1129542 525993 284541 317126 358897 412121 417758 226906 241133 90034 100602
Operating lease vehicles, net – 5935000 5473000 4824000 4782000 4745000 4167000 3748000 3396000 2742000 2524000 2527000 2253000 2069540 1972502 2186137 2282047 2315124 3834234 3600821 3452595 2949297 2533726 2244210 1360725 1120246 912061 617743 531226 451729 268824 131468 9060 11789 11783 12046 11672 10533 9141 5743 – –
Solar energy systems in service – – – – – – – – – 6744000 6722000 6703000 6649000 6587439 6461833 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Initial direct costs related to customer solar energy system lease acquisition costs – – – – – – – – – 103000 103000 102000 102000 101197 101204 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems, gross – – – – – – – – – 6847000 6825000 6805000 6751000 6688636 6563037 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Less: accumulated depreciation & amortization – – – – – – – – – 897000 839000 781000 666000 608006 550558 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems in service after depreciation & amortization – – – – – – – – – 5950000 5986000 – 6085000 6080630 – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems under construction – – – – – – – – – 25000 28000 24000 23000 49777 49648 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems pending interconnection – – – – – – – – – 50000 55000 58000 60000 70297 179510 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems, net 6119000 5365000 5427000 5562000 5624000 5686000 5821000 5883000 5933000 6025000 6069000 6106000 6168000 6200704 6241637 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Solar energy systems, leased & to be leased, net 5293000 – – – – – – – – – – – – – – 6301537 6340031 6346374 6287965 6218504 6085990 – – – – – – – – – – – – – – – – – – – – –
Machinery, equipment & office furniture 15077000 – – – – – – – – – – – – – – – – – 3671297 – 2358180 2004316 1931100 1831771 1519415 918134 819794 607677 468151 380597 292970 267979 248519 138843 126456 22870 18983 16777 13951 11181 9394 8725
Machinery, equipment, vehicles & office furniture – 14540000 14139000 12261000 11749000 11163000 9458000 9156000 8711000 7943000 7687000 7428000 7007000 6919869 6584307 5950086 5201349 4532822 – 2552076 – – – – – – – – – – – – – – – – – – – – – –
Tooling 2865000 2763000 2696000 2468000 2417000 2345000 2120000 2038000 1916000 1794000 1711000 1574000 1477000 1463543 1418368 1384382 1365588 1299296 1112484 845444 825036 780140 740008 641534 439415 340090 308082 272881 253101 239557 219577 211793 199096 126170 25468 16584 16166 16054 15985 15985 15601 15528
Leasehold improvements 2892000 2727000 2551000 2102000 2018000 1911000 1706000 1596000 1494000 1291000 1157000 1103000 1029000 1010893 987916 943848 905759 840718 716015 669416 559848 422110 389154 361341 320863 339398 310235 165826 134172 117521 74396 59910 50815 36084 31720 32105 25654 22975 20475 12016 10237 5453
Building & building improvements – – – – – – – – – – – – – – 2631607 – – – – – – 706112 574603 490552 336212 243750 198024 106507 85889 75314 62710 58492 54603 39628 33370 – – – – – – –
Land – – – – – – – – – – – – – – – – – – – – – 63238 60238 60226 60233 52115 51990 45201 45029 45020 45020 26402 26391 26391 26391 26391 26391 26391 26391 – – –
Land & buildings 8584000 8435000 8144000 6988000 6406000 5957000 3853000 3725000 3681000 3245000 3172000 3146000 2956000 2839746 – 3995992 3904854 3808170 1557697 1390622 1213191 – – – – – – – – – – – – – – – – – – – – –
Computer equipment & software 3225000 – – – – – – – – – – – – – – – – – – – – 218079 205926 193974 153396 129143 114824 81003 60910 50211 32281 28886 26012 19405 14449 11208 8953 7990 9639 8145 7244 6250
Computer equipment, hardware & software – 2846000 2299000 1879000 1746000 1595000 1284000 1148000 1020000 782000 700000 647000 549000 553265 525138 463190 446959 426173 360533 335857 301911 – – – – – – – – – – – – – – – – – – – – –
Construction in progress 6341000 5560000 4894000 4549000 4544000 4322000 5109000 3826000 2435000 1607000 1012000 812000 700000 543452 622180 963136 1333562 1604595 3488046 3919423 2899557 1027159 876207 686705 747046 1027256 763628 368678 193260 110504 43910 37082 51494 145077 202386 290028 180354 124079 81749 9115 5506 5064
Operating lease vehicles – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 2385 535
Other property, plant & equipment – – – – – – – – – – – – – – – – – – 23886 23802 23771 – – – – – – – – – – – – – – – – – – – – –
Property, plant & equipment, gross 38984000 36871000 34723000 30247000 28880000 27293000 23530000 21489000 19257000 16662000 15439000 14710000 13718000 13330768 12769516 13700634 13158071 12511774 10929958 9736640 8181494 5221154 4777236 4266103 3576580 3049886 2566577 1647773 1240512 1018724 770864 690544 656930 531598 460240 399186 276501 214266 168190 56442 50367 41555
Less: accumulated depreciation & amortization – – 9754000 8321000 7787000 7266000 6232000 5824000 5389000 4814000 4430000 4072000 3528000 3248310 2918587 2454339 2188723 1992548 1535561 1337411 1164943 912106 783986 673089 472769 403869 342386 243447 204690 169335 116382 94965 74933 45350 38381 35058 28379 24619 24818 19289 17211 14689
Less: accumulated depreciation 11240000 10482000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Property, plant & equipment, net 27744000 26389000 24969000 21926000 21093000 20027000 17298000 15665000 13868000 11848000 11009000 10638000 10190000 10082458 9850929 11246295 10969348 10519226 9394397 8399229 7016551 4309048 3993250 3593014 3103811 2646017 2224191 1404326 1035822 849389 654482 595579 581997 486248 421859 364128 248122 189647 143372 37153 33156 26866
Operating lease right-of-use assets 3637000 3352000 2800000 2251000 2185000 2181000 1962000 1734000 1647000 1375000 1274000 1197000 1234000 1248277 1253027 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Digital assets, net 184000 184000 184000 218000 218000 1261000 1260000 1311000 1331000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Intangible assets, net 191000 202000 204000 228000 241000 254000 269000 283000 299000 318000 312000 323000 351000 327358 273568 291476 300406 346428 372238 380847 388608 – – – – – – – – – – – – – – – – – – – – –
Goodwill 250000 263000 195000 191000 196000 200000 201000 203000 206000 203000 196000 193000 186000 153475 74312 65226 64284 61284 45236 43766 40984 – – – – – – – – – – – – – – – – – – – – –
MyPower customer notes receivable, net of current portion – – – – – – – – – – – – 398000 400308 413181 422897 434841 449754 463878 472663 486350 – – – – – – – – – – – – – – – – – – – – –
Restricted cash, net of current portion – – – – – – – – – – – – 255000 365547 353679 396835 399992 433841 408544 358445 330223 90994 71621 47783 26355 19774 13846 9090 7247 7102 8110 7059 5044 4688 3973 3805 5754 5433 4934 57492 5361 7487
Debt issuance costs, net – – – – – – – – – – – – – – – – – – – – – – – – – – – – 21425 19585 – – – – – – – – – – – –
Emission credits – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 14392 14508 14508 14508 14508 14531 – – –
Emission permits – – – – – – – – – – – – – – – – – – – – – – – – – – – – 13541 13662 13837 – 14150 – – – – – – – – –
Loan facility issuance costs, net – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 5558 5922 6085 – 6570 6733 6894 7216 7379 7540
Common stock issuance costs – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 6246 – – – – 4483 2374
Deposits on property, plant & equipment purchases – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 11363 6368 –
Other assets – – – – – – – – – – – – – – – – – – – – – – – – – – – – 3508 2896 2190 – 1976 1597 1535 1470 1503 1543 1511 1521 1193 451
Other assets – – – – – – – – – – – – – – – – – – – – – – – – – – – – 38474 36143 16027 – 21684 21911 22128 22224 22581 22784 22936 20100 19423 10365
Other non-current assets 5497000 5026000 4584000 3236000 2952000 2634000 1854000 1626000 1587000 1436000 1415000 1373000 820000 842978 801867 431819 419254 415478 231849 209986 224536 70646 66650 67152 57811 53527 48515 43460 – – – 24196 – – – – – – – – – –
Total assets 93941000 90591000 86833000 74426000 68513000 66038000 57834000 55146000 52972000 45691000 38135000 37250000 32795000 31872597 28912524 29262713 27910000 27271429 28107074 26043705 25053726 12592397 11868952 9191702 7547497 6468185 6120030 5437533 5054463 4500410 2166209 1887844 1143778 809177 776869 761100 700250 646155 407289 361621 147974 145320
Accounts payable 13937000 15273000 15904000 13897000 11212000 11171000 8260000 7558000 6648000 4958000 3638000 3970000 3468000 3133587 3248827 3596984 3030493 2603498 2385778 2359316 2075333 1606284 1114878 1013486 824861 771637 732331 649362 443548 375778 302439 262227 304204 162025 78601 64333 53627 57199 49660 26990 25634 18190
Accrued purchases 2708000 2830000 2640000 2281000 2130000 2025000 1867000 1437000 993000 711000 782000 643000 – – – – – – – – – 358292 266592 147425 154604 146177 146952 58658 46910 27826 13835 9109 7646 12460 18091 20056 22424 14814 11895 2632 2032 –
Taxes payable 1095000 1244000 1371000 1114000 1045000 1272000 1084000 834000 828000 635000 484000 399000 – – – – – – – – – 129044 71985 93836 64129 49288 83739 40825 28416 27984 18645 16080 14658 1762 840 652 1962 1025 962 2320 1581 479
Payroll & related costs 1192000 1147000 1064000 980000 1077000 913000 823000 840000 660000 502000 495000 409000 – – – – – – – – – 89859 108871 90766 79473 66588 66544 46057 39844 35495 20147 18943 12764 10106 11443 8616 6123 6426 4912 3989 2976 2443
Accrued warranty reserve, current portion 7636000 1274000 1123000 840000 778000 709000 621000 608000 544000 400000 384000 362000 – – – – – – – – – – 110764 – – – – 36814 32423 27721 17228 9103 4583 1560 1584 1791 2056 2405 1920 1760 1272 1633
Sales return reserve, current portion 218000 244000 267000 263000 257000 279000 386000 382000 430000 461000 345000 289000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Financing obligation, current portion – – – – – – – – – 48000 47000 53000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Operating lease liabilities, current portion 613000 549000 509000 426000 413000 399000 343000 325000 309000 251000 233000 229000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Resale value guarantees, current portion – – – – – – – – – 20000 70000 202000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Accrued interest – – – – – – 18000 60000 36000 51000 91000 55000 – – – – – – – – – – – – – – – 4748 6967 4393 – – – – – – – – – – – –
Environmental liabilities, current portion – – – – – – – – – – – – – – – – – – – – – – – – – – – 6632 2390 2289 – – – – – – – – – – – –
Adverse purchase commitments – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 452 869 1330 – – – – 498 522
Research & development – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 409
Professional services – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 350
Warranty & other – – – – – – – – – – – – – – – – – – – – – 117823 – 106495 75653 – – – – – – – – – – – – – – – – –
Other accrued liabilities 1376000 – – – – – – – – – – – – – – – – – – – – – – – – 83348 56533 837 4487 2966 4676 1891 1060 2170 786 1168 120 323 120 – – 2086
Other current liabilities 434000 370000 347000 342000 337000 309000 301000 292000 273000 173000 179000 184000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Accrued liabilities – – – – – – – – – – – – – – – – – – – – – 695018 558212 438522 373859 345401 353768 194571 161437 128674 74531 55126 40711 28510 33613 33613 32685 24993 19809 10701 8359 7922
Accrued liabilities & other current liabilities – 7658000 7321000 6246000 6037000 5906000 5443000 4778000 4073000 3252000 3110000 2825000 2497000 2622943 2276951 1990095 1814979 1898431 1477784 1510744 1460367 – – – – – – – – – – – – – – – – – – – – –
Deferred revenue 2206000 2176000 1750000 1928000 1858000 1594000 1801000 1693000 1592000 1258000 1130000 1186000 1045000 883293 762810 570920 576321 536465 951734 913398 841494 625899 558816 516620 348117 288527 226474 161570 139436 112740 63739 29781 3701 2904 2767 2594 2266 3070 3820 3477 8099 6711
Capital lease obligations, current portion 415000 – – – – – – – – – – – – – – – – – – – – – – – 13000 6113 9622 9592 9700 8397 5971 5695 5452 3188 2461 1670 388 287 275 291 296 293
Resale value guarantees – – – – – – – – – – – – 441000 526758 480225 604949 674255 629112 543336 342824 248536 204054 227838 192423 85580 67700 – – – – – – – – – – – – – – – –
Customer deposits 894000 1026000 1057000 1083000 1182000 1125000 831000 812000 745000 708000 713000 788000 665000 631107 768276 905838 942129 984823 686084 603540 616398 690364 679834 391363 269545 272848 249476 227056 228017 198006 140277 133716 130714 – – – – – – – – –
Convertible debt – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 589875 582502 – – – – – – – – – – –
Convertible senior notes – – – – – – – – – – – – – – – – – – – – – – – – – – – 597626 593712 – – – – – – – – – – – – –
Convertible senior notes & other debt – – – – – – – – – – – – – – – – – – – – – – – – 638809 632162 620710 – – – – – – – – – – – – – – –
Current portion of debt & finance leases 1967000 1459000 1404000 1457000 1532000 1659000 1716000 1530000 1819000 3126000 3679000 3217000 2030000 1791085 1705711 2106538 2020685 1915530 324224 716533 829080 260771 626826 635285 – – – – – – – – – – – – – – – – – –
Current portion of solar bonds issued to related parties – – – – – – – – – – – – – – – – – – – 100000 174231 – – – – – – – – – – – – – – – – – – – – –
Current portion of solar bonds & promissory notes issued to related parties – – – – – – – – – – – – – – – – – 82500 100000 – – – – – – – – – – – – – – – – – – – – – – –
Current portion of promissory notes issued to related parties – – – – – – – – – – – – – – – – 82500 – – – – – – – – – – – – – – – – – – – – – – – – –
Reservation payments – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 138338 133447 113318 65215 53187 39412 27869 26246 25989
Long-term debt, current portion – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 50841 50841 35637 20194 – – – – – –
Current portion of long-term debt and finance leases – Balancing value 1552000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total current liabilities 26640000 27592000 27436000 24611000 21821000 21455000 18051000 16371000 14877000 13302000 12270000 11986000 10146000 9588773 9242800 9775324 9141362 8650359 6468940 6546355 6245439 4082390 3766404 3187699 2553771 2384388 2192381 1839777 1575850 1413470 1169459 486545 535623 385806 286526 235722 154181 138736 112976 69328 68634 59105
Common stock warrant liability – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 9734 8529 8683 8189 7849 7509 6675 – –
Convertible preferred stock warrant liability – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 16709 10359
Capital lease obligations, less current portion – – – – – – – – – – – – – – – – – – – – – – – – 15033 11254 11265 12806 14099 12572 10931 9249 10460 6278 4720 3721 661 359 421 566 639 719
Recourse debt – 7000 44000 51000 52000 70000 2008000 3838000 4085000 – – 6011000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Non-recourse debt – 497000 773000 1367000 2043000 2183000 3431000 3040000 3934000 – – 3468000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total debt – 504000 817000 1418000 2095000 2253000 5439000 6878000 8019000 – – 9479000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Finance lease 274000 368000 455000 678000 803000 900000 999000 993000 1034000 – – 1187000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Debt & finance leases, net of current portion 2426000 872000 1272000 2096000 2898000 3153000 6438000 7871000 9053000 10559000 10416000 10666000 11313000 11234401 9787950 9669879 9510696 8761070 9581616 7122862 7148416 2443420 2620002 2484329 – – – – – – – – – – – – – – – – – –
Solar bonds issued to related parties, net of current portion – – – – – – – – – – – – – – – 100 100 100 100 100 100 – – – – – – – – – – – – – – – – – – – – –
Long-term debt, less current portion 2152000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – 1519967 – 578740 388785 414207 396155 340323 225000 134177 102484 56557 45419 29920
Convertible senior notes, less current portion – – – – – – – – – – – – – – – – – – – – – – – – – – – 1786635 1767024 – – – – – – – – – – – – –
Convertible senior notes & other debt, less current portion – – – – – – – – – – – – – – – – – – – – – – – – 1966361 1988089 1888672 – – – – – – – – – – – – – – –
Convertible senior notes issued to related parties – – – – – – – – – – – – – – – 2634 2594 2556 2481 2444 10440 – – – – – – – – – – – – – – – – – – – – –
Deferred revenue, net of current portion 3059000 3021000 2911000 2265000 2210000 2185000 1365000 1318000 1294000 1233000 1198000 1199000 1140000 1182042 1157343 950126 795820 818250 1082870 1035579 955078 581202 533253 496997 362261 334628 312850 254321 234980 210817 131298 68293 5323 2477 2610 3072 3536 3225 3089 2514 2116 1427
Resale value guarantees, net of current portion – – – – – – – – – – – – 38000 61200 211390 455762 584857 756800 2410220 2493024 2444058 2056068 1779509 1583075 952729 725477 606221 397742 345192 290617 159010 – – – – – – – – – – –
Operating lease liabilities 3181000 2931000 2389000 1895000 1822000 1814000 1629000 1407000 1330000 1101000 1016000 941000 1028000 1030797 1000886 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Accrued warranty reserve 3346000 3191000 2842000 1931000 1655000 1578000 1115000 1083000 990000 869000 812000 768000 692000 653095 590211 459398 367989 324871 – 229349 176024 – – – – – – 76922 51948 44211 36493 27775 19479 4660 4139 4139 4355 3884 3884 3434 3076 2374
Sales return reserve – – – 57000 74000 109000 325000 378000 424000 519000 529000 488000 547000 577914 524222 78387 78525 86359 – – – – – – – – – – – – – – – – – – – – – – – –
Deferrred tax liabilities – – – 20000 22000 24000 40000 63000 144000 – – – – – – – – – – – – – – – – – – 5247 5233 5231 – – – – – – – – – – – –
Financing obligation – – – – – – – – – 30000 42000 34000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Resale value guarantees – – – – – – – – – 36000 36000 36000 – – – – – – – – – – – – – – – – – – – 72358 – – – – – – – – – –
Build to suit finance obligation, less current portion – – – – – – – – – – – – – – – – – – – – – – – – – – – 20536 19213 – – – – – – – – – – – – –
Build-to-suit lease liability, net of current portion – – – – – – – – – – – – – – – 1622059 1645969 1663972 – 1511692 1398650 – – – – – – – – – – – – – – – – – – – – –
Deferred rent expense, net of current portion – – – – – – – – – – – – – – – 57643 53658 52222 – 37620 34254 – – – – – – 11429 10790 11239 8530 6985 6768 5529 4173 3936 3623 3309 3230 2436 1871 1488
Financing obligation, net of current portion – – – – – – – – – – – – 42000 44549 45566 53976 58403 57312 – 90087 88426 – – – – – – – – – – – – – – – – – – – – –
Asset retirement obligations – – – – – – – – – – – – – – – – – – – – – – – – – – – 5461 3436 2710 – – – – – – – – – – – –
Environmental liabilities, less current portion – – – – – – – – – – – – – – – – – – – – – – – – – – – 391 3680 3207 5300 5300 5300 5300 5300 5300 5300 5300 5300 – – –
Liability for receipts from an investor – – – – – – – – – – – – – – – – – – – 62383 111912 – – – – – – – – – – – – – – – – – – – – –
Other noncurrent liabilities 794000 802000 748000 427000 353000 314000 377000 405000 395000 494000 435000 400000 367000 349365 314250 283856 402914 377150 – 328407 272556 – – – – – – 6011 4602 4371 3525 3173 3457 3061 2502 2330 1287 864 658 188 60 –
Other long-term liabilities 7321000 6924000 5979000 4330000 3926000 3839000 3486000 3336000 3283000 3049000 2870000 2667000 2676000 2655720 2475135 2555319 2607458 2561886 – 2259538 2081822 – – – – – – 125997 98902 70969 53848 115591 35004 18550 16114 15705 14565 13357 13072 6058 5007 3862
Other long-term liabilities – – – – – – – – – – – – – – – – – – 2382830 – – 737559 612344 426611 336505 258142 228367 – – – – – – – – – – – – – – –
Total liabilities – 38409000 37598000 33302000 30855000 30632000 29340000 28896000 28507000 28143000 26754000 26518000 25313000 24722136 22874618 23409144 22642887 21551021 21929057 19459902 18885353 9900639 9311512 8178711 6186660 5701978 5239756 4417278 4036047 – 1524546 1258418 975195 837052 714654 607226 406132 297703 239551 141698 138524 105392
Series A convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 3549 3549
Series B convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 12899 12899
Series C convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 39789 39789
Series D convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 44941 44941
Series E convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 135669 135669
Series F convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 82378 82378
Total convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 319225 319225
Convertible debt – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 77498 – – – – – – – – – – –
Redeemable noncontrolling interests in subsidiaries 277000 288000 407000 421000 421000 459000 605000 605000 601000 608000 613000 632000 600000 580227 570284 551264 539536 405835 402943 367377 364296 – – – – – – – – – – – – – – – – – – – – –
Convertible senior notes – – – – – – – – – 48000 44000 60000 – – – – – 2 357 1688 7283 11270 37146 42626 46181 50273 54277 62161 66083 69942 – – – – – – – – – – – –
Common stock 3000 3000 3000 3000 1000 1000 1000 1000 1000 1000 – – – 179 174 171 170 170 168 163 161 150 148 134 131 127 126 125 125 124 123 121 115 106 105 105 104 104 96 93 8 8
Additional paid-in capital 34201000 33436000 32878000 31592000 30944000 30485000 28922000 28205000 27623000 21574000 15895000 15390000 12348000 12052458 10563746 9957711 9656537 9418896 8989022 8774212 8351514 5530928 5383731 3561256 3340436 2502679 2429677 2284010 2203535 2101352 1687397 1714163 1222825 947693 926981 913040 881941 871174 631564 583454 18906 10868
Accumulated other comprehensive income (loss) -692000 -410000 -225000 -942000 -477000 -50000 120000 206000 143000 125000 -40000 -113000 -120000 -5605 -35019 8271 18545 82921 21250 10961 -20769 25310 34193 13565 -23985 -14804 -15965 – – – – – – – – -6 -24 – – – – –
Retained earnings (accumulated deficit) 19954000 18101000 15398000 9198000 5908000 3649000 -1990000 -3608000 -4750000 -5669000 -6000000 -6104000 -6188000 -6331639 -5923305 -5457315 -5768831 -5051292 -4298960 -3679584 -3343187 -2875900 -2897778 -2604590 -2001926 -1772068 -1587841 -1326041 -1251327 -1189420 -1123355 -1084858 -1054357 -975674 -864871 -759265 -587903 -522826 -463922 -363624 -328689 -290173
Total stockholders' equity (deficit) 53466000 51130000 48054000 39851000 36376000 34085000 27053000 24804000 23017000 16031000 9855000 9173000 6040000 5715393 4605596 4508838 3906421 4450695 4711480 5105752 4987719 2680488 2520294 970365 1314656 715934 825997 958094 952333 912056 564165 629426 168583 -27875 62215 153874 294118 348452 167738 219923 -309775 -279297
Noncontrolling interests in subsidiaries 752000 764000 774000 852000 861000 862000 836000 841000 847000 861000 869000 867000 842000 854841 862026 793467 821156 863876 1063237 1108986 809075 – – – – – – – – – – – – – – – – – – – – –
Total equity 54218000 – 48828000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total liabilities & equity (deficit) – – – – – – – – – – – – – – – – – – 5774717 6214738 25053726 – – – – – – – – – – – – – – – – – – – – –
As Reported Quarterly Income Statement
Report Date 09/30/2023 06/30/2023 03/31/2023 09/30/2022 06/30/2022 03/31/2022 09/30/2021 06/30/2021 03/31/2021 09/30/2020 06/30/2020 03/31/2020 09/30/2019 06/30/2019 03/31/2019 09/30/2018 06/30/2018 03/31/2018 09/30/2017 06/30/2017 03/31/2017 09/30/2016 06/30/2016 03/31/2016 09/30/2015 06/30/2015 03/31/2015 09/30/2014 06/30/2014 03/31/2014 09/30/2013 06/30/2013 03/31/2013 09/30/2012 06/30/2012 03/31/2012 09/30/2011 06/30/2011 03/31/2011 09/30/2010 06/30/2010 03/31/2010 09/30/2009 06/30/2009 03/31/2009
3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter
Currency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
Audit Status Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited
Consolidated Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Scale Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands
Revenues – automotive sales 19625000 20419000 18878000 17785000 13670000 15514000 11672000 9874000 8705000 7346000 4911000 4893000 5132000 5168027 3508741 5878305 3117865 2561881 2076731 2013852 2035060 1917442 – – – – – – – – – – – – – – – – – – – – – – –
Revenues – automotive regulatory credits 554000 282000 521000 286000 344000 679000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Revenues – automotive leasing – 567000 564000 621000 588000 668000 385000 332000 297000 265000 268000 239000 221000 208362 215120 220461 239816 173436 286158 272764 254540 231285 – – – – – – – – – – – – – – – – – – – – – – –
Total automotive revenues – 21268000 19963000 18692000 14602000 16861000 12057000 10206000 9002000 7611000 5179000 5132000 5353000 5376389 3723861 6098766 3357681 2735317 2362889 2286616 2289600 2148727 – – – – – – – – – – – – – – – – – – – – – – –
Automotive revenue 2166000 – – – – – – – – – – – – – – – – – – – – – 1181852 1026064 852555 878090 893320 849009 768242 618811 430196 401535 555203 50023 22054 19245 43235 39028 33628 23350 23971 20585 45527 26945 20886
Development services 18582000 – – – – – – – – – – – – – – – – – – – – – – – – – – 2795 1107 1731 1150 3604 6589 81 4599 10922 14431 19143 15402 7891 4434 227 – – –
Energy generation & storage 1559000 1509000 1529000 1117000 866000 616000 806000 801000 494000 579000 370000 293000 402000 368208 324661 399317 374408 410022 317505 286780 213944 – – – – – – – – – – – – – – – – – – – – – – – –
Services & other revenues – 2150000 1837000 1645000 1466000 1279000 894000 951000 893000 581000 487000 560000 548000 605079 492942 326330 270142 263412 304281 216161 192726 149709 88165 120984 84234 76886 46560 – – – – – – – – – – – – – – – – – –
Automotive leasing 489000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total revenues 23350000 24927000 23329000 21454000 16934000 18756000 13757000 11958000 10389000 8771000 6036000 5985000 6303000 6349676 4541464 6824413 4002231 3408751 2984675 2789557 2696270 2298436 1270017 1147048 936789 954976 939880 851804 769349 620542 431346 405139 561792 50104 26653 30167 57666 58171 49030 31241 28405 20812 45527 26945 20886
Cost of revenues – automotive sales 2037000 16841000 15422000 13099000 10153000 10914000 8150000 7119000 6457000 5361000 3714000 3699000 4014000 4253763 2856209 4405919 2529739 2091397 1755622 1472578 1496649 1355102 – – – – – – – – – – – – – – – – – – – – – – –
Cost of revenues – automotive leasing – 338000 333000 381000 368000 408000 234000 188000 160000 145000 148000 122000 117000 106322 117092 119283 136915 104496 175224 175433 166026 161959 – – – – – – – – – – – – – – – – – – – – – – –
Total automotive cost of revenues – 17179000 15755000 13480000 10521000 11322000 8384000 7307000 6617000 5506000 3862000 3821000 4131000 4360085 2973301 4525202 2666654 2195893 1930846 1648011 1662675 1517061 – – – – – – – – – – – – – – – – – – – – – – –
Automotive leasing 1178000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Cost of automotive 301000 – – – – – – – – – – – – – – – – – – – – – 909282 779316 628729 666386 631745 598472 554104 462471 324883 303599 461818 58865 20150 13932 32752 30528 26961 19457 20266 16858 37828 24844 22932
Cost of development services 15957000 – – – – – – – – – – – – – – – – – – – – – – – – – – 1481 2250 2943 3595 1057 3654 – 1741 6025 7690 9135 4041 2488 1878 102 – – –
Cost of energy generation & storage – 1231000 1361000 1013000 769000 688000 803000 781000 595000 558000 349000 282000 314000 325523 316887 330554 330273 375363 237288 203762 151773 – – – – – – – – – – – – – – – – – – – – – – – –
Cost of services & other cost of revenues – 1984000 1702000 1579000 1410000 1286000 910000 986000 962000 644000 558000 648000 667000 743022 685533 444992 386374 380969 367401 271169 213876 144640 85959 115264 76564 75220 48062 – – – – – – – – – – – – – – – – – –
Automotive sales 15656000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total cost of revenues 19172000 20394000 18818000 16072000 12700000 13296000 10097000 9074000 8174000 6708000 4769000 4751000 5112000 5428630 3975721 5300748 3383301 2952225 2535535 2122942 2028324 1661701 995241 894580 705293 741606 679807 599953 556354 465414 328478 304656 465472 58865 21891 19957 40442 39663 31002 21945 22144 16960 37828 24844 22932
Gross profit (loss) 4178000 4533000 4511000 5382000 4234000 5460000 3660000 2884000 2215000 2063000 1267000 1234000 1191000 921046 565743 1523665 618930 456526 449140 666615 667946 636735 274776 252468 231496 213370 260073 251851 212995 155128 102868 100483 96320 -8761 4762 10210 17224 18508 18028 9296 6261 3852 7699 2101 -2046
Research & development expense 1161000 943000 771000 733000 667000 865000 611000 576000 666000 366000 279000 324000 334000 323898 340174 350848 386129 367096 331622 369774 322040 214302 191664 182482 178791 181712 167154 135873 107717 81544 56351 52312 54859 61901 74854 68391 54083 52531 41162 26698 15416 13265 1257 1941 7941
Selling, general & administrative expense 1253000 1191000 1076000 961000 961000 992000 994000 973000 1056000 888000 661000 627000 596000 647261 703929 729876 750759 686404 652998 537757 603455 336811 321152 318210 236367 201846 195365 155107 134031 117551 77071 59963 47045 37798 36083 30582 27618 24716 24212 20432 22207 16585 10733 8247 6607
Restructuring & other expenses – – – – 142000 – 51000 23000 -101000 – – – – 117345 43471 26184 103434 – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Total operating expenses 2414000 2134000 1847000 1694000 1770000 1857000 1656000 1572000 1621000 1254000 940000 951000 930000 1088504 1087574 1106908 1240322 1053500 984620 907531 925495 551113 512816 500692 415158 383558 362519 290980 241748 199095 133422 112275 101904 99699 110937 98973 81701 77247 65374 47130 37623 29850 11990 10188 14548
Income (loss) from operations 1764000 2399000 2664000 3688000 2464000 3603000 2004000 1312000 594000 809000 327000 283000 261000 -167458 -521831 416757 -621392 -596974 -535480 -240916 -257549 85622 -238040 -248224 -183662 -170188 -102446 -39129 -28753 -43967 -30554 -11792 -5584 -108460 -106175 -88763 -64477 -58739 -47346 -37834 -31362 -25998 -4291 -8087 -16594
Interest income 282000 238000 213000 86000 26000 28000 10000 11000 10000 6000 8000 10000 15000 10362 8762 6907 5064 5214 5531 4785 3090 2858 2242 1251 327 247 184 300 467 141 68 39 10 38 74 90 80 46 40 100 47 48 52 29 16
Interest expense 38000 28000 29000 53000 44000 61000 126000 75000 99000 163000 170000 169000 185000 171979 157453 175220 163582 149546 117109 108441 99346 46713 46368 40625 29308 24352 26574 29062 31238 11883 6492 20116 118 78 84 65 – – – 298 464 230 18 1086 1402
Other income (expense), net 37000 328000 -48000 -85000 28000 56000 -6000 45000 28000 -97000 -15000 -54000 85000 -40756 25750 22876 50911 -37716 -24390 -41208 -18098 -11756 -7373 9177 -15431 13233 -22305 -3090 -1226 6718 -740 1668 17091 -2188 691 -1076 -594 -71 -1485 3180 -6729 -3221 -577 -1715 1972
Income (loss) before income taxes – domestic – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 29277 – – -16305
Income before income taxes – international – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 124 – – 297
Income (loss) before income taxes 2045000 2937000 2800000 3636000 2474000 3626000 1882000 1293000 533000 555000 150000 70000 176000 -369831 -644772 271320 -728999 -779022 -671448 -385780 -371903 30011 -289539 -278421 -228074 -181060 -151141 -70981 -60750 -48991 -37718 -30201 11399 -110688 -105494 -89814 -64991 -58764 -48791 -34852 -38508 -29401 -4834 -10859 -16008
Current state income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 2 – – 1
Current foreign income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 119 – – -13
Current income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 121 – – -12
Deferred foreign income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -3 – – 20
Deferred income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -3 – – 20
Provision (benefit) for income taxes 167000 323000 261000 305000 205000 346000 223000 115000 69000 186000 21000 2000 26000 19431 22873 16647 13707 5605 -285 15647 25278 8133 3649 3846 1784 3167 3040 3727 1150 809 778 301 151 116 109 59 87 139 150 83 9 118 -219 8 8
Buy-out of noncontrolling interest -2000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Net income (loss) 1878000 2614000 2539000 3331000 2269000 3280000 1659000 1178000 464000 369000 129000 68000 150000 -389262 -667645 254673 -742706 -784627 -671163 -401427 -397181 21878 -293188 -282267 -229858 -184227 -154181 -74708 -61900 -49800 -38496 -30502 11248 -110804 -105603 -89873 -65078 -58903 -48941 -34935 -38517 -29519 -4615 -10867 -16016
Net income (loss) attributable to noncontrolling interests & redeemable noncontrolling interests in subsidiaries -25000 89000 -26000 -39000 -10000 38000 -41000 -36000 -26000 -38000 -25000 -52000 -7000 -19072 -34490 56843 25167 75076 51787 65030 66904 – – – – – – – – – – – – – – – – – – – – – – – –
Net income (loss) attributable to common stockholders – 2703000 2513000 3292000 2259000 3318000 1618000 1142000 438000 331000 104000 16000 143000 -408334 -702135 311516 -717539 -709551 -619376 -336397 -330277 21878 -293188 -282267 – – – – – – – – – – – – – – – – – – – – –
Less: buy-out of noncontrolling interest – 0 -5000 – – 5000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Net income used in computing net income per share of common stock 1851000 2703000 2518000 3292000 – 3313000 1618000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Weighted average shares outstanding – basic 3176000 3171000 3166000 3146000 3111000 3102000 2994000 2913000 2883000 2811000 2790000 2745000 2685000 2649810 2594835 2563395 2549955 2537190 2509410 2478180 2431935 2234865 2099745 1990140 1935090 1900331.325 1889199.855 1873658.535 1863756.42 1852091.73 1827937.455 1772904.12 1720678.485 1583342.43 1578636.78 1571765.145 1561152.45 1466358.99 1427810.175 1384060.815 114651.975 109529.1 105210.825 104489.37 103862.91
Weighted average shares outstanding – diluted 3493000 3478000 3468000 3468000 3465000 3471000 3369000 3357000 3399000 3315000 3105000 2985000 2760000 2649810 2594835 2672940 2549955 2537190 2509410 2478180 2431935 2354025 2099745 1990140 1935090 1900331.325 1889199.855 1873658.535 1863756.42 1852091.73 1827937.455 1772904.12 1863979.38 1583342.43 1578636.78 1571765.145 1561152.45 1466358.99 1427810.175 1384060.815 114651.975 109529.1 105210.825 104489.37 103862.91
Year end shares outstanding 3179000 3174000 3169000 3158000 3123000 3108000 3012000 2952000 2889000 2844000 2790000 2775000 2700000 2686770 2605230 2573670 2557740 2546250 2520255 2502945 2462460 2247375 2220225 2007870 1963515 1906514.205 1895434.545 1880492.565 1868823.195 1860611.34 1838491.47 1821444.975 1727415.6 1586586.465 1579850.265 1577471.55 1562832.465 1559714.835 1433322.6 1398800.97 115531.89 114235.89 – – –
Net income (loss) per share – basic 0.58 0.85 0.8 1.05 0.727 1.067 0.54 0.393 0.153 0.107 0.037 0.006 0.053 -0.154 -0.273 0.121 -0.281 -0.279 -0.247 -0.136 -0.136 0.01 -0.139 -0.142 -0.119 -0.097 -0.081 -0.04 -0.033 -0.027 -0.021 -0.017 0.007 -0.07 -0.067 -0.057 -0.042 -0.04 -0.034 -0.025 -0.336 -0.269 -0.044 -0.104 -0.154
Net income (loss) per share – diluted 0.53 0.78 0.73 0.95 0.65 0.953 0.48 0.34 0.13 0.09 0.033 0.005 0.052 -0.154 -0.273 0.117 -0.281 -0.279 -0.247 -0.136 -0.136 0.009 -0.139 -0.142 -0.119 -0.097 -0.081 -0.04 -0.033 -0.027 -0.021 -0.017 0 -0.07 -0.067 -0.057 -0.042 -0.04 -0.034 -0.025 -0.336 -0.269 -0.044 -0.104 -0.154
Comprehensive income attributable to common stockholders 1571000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
As Reported Quarterly Retained Earnings
Report Date 06/30/2023 03/31/2023 09/30/2022 06/30/2022 03/31/2022 09/30/2021 06/30/2021 03/31/2021 09/30/2020 06/30/2020 03/31/2020 09/30/2019 06/30/2019 03/31/2019 03/31/2010
2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 1st Quarter
Currency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
Audit Status Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited
Consolidated Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Scale Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands
Previous retained earnings (accumulated deficit) 15398000 12885000 5906000 3649000 331000 -3608000 -4750000 -5399000 -6000000 -6104000 -6083000 -6331000 -5923305 -5317832 -260654
Adjustments for prior periods from adopting ASU 2016-13 – – – – – – – – – – -37000 – – – –
Adjustments for prior periods from adopting ASU 2020-06 – – – – – – – 211000 – – – – – – –
Adjustments for prior periods from adopting ASC 842 – – – – – – – – – – – – – 96662 –
Retained earnings (accumualted deficit) 18101000 15398000 9198000 5908000 3649000 -1990000 -3608000 -4750000 -5669000 -6000000 -6104000 -6188000 -6331639 -5923305 -290173
As Reported Quarterly Cash Flow
Report Date 09/30/2023 06/30/2023 03/31/2023 09/30/2022 06/30/2022 03/31/2022 09/30/2021 06/30/2021 03/31/2021 09/30/2020 06/30/2020 03/31/2020 09/30/2019 06/30/2019 03/31/2019 09/30/2018 06/30/2018 03/31/2018 09/30/2017 06/30/2017 03/31/2017 09/30/2016 06/30/2016 03/31/2016 09/30/2015 06/30/2015 03/31/2015 09/30/2014 06/30/2014 03/31/2014 09/30/2013 06/30/2013 03/31/2013 09/30/2012 06/30/2012 03/31/2012 09/30/2011 06/30/2011 03/31/2011 09/30/2010 06/30/2010 03/31/2010 09/30/2009 06/30/2009 03/31/2009
3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter 3rd Quarter 2nd Quarter 1st Quarter
Currency USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD
Audit Status Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited
Consolidated Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Scale Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands Thousands
Net income (loss) 7031000 5153000 2539000 8880000 5549000 3280000 3301000 1642000 464000 566000 197000 68000 -907000 -1056907 -667645 -1272660 -1527333 -784627 -1469771 -798608 -397181 -553577 -575455 -282267 -568266 -338408 -154181 -186411 -111702 -49800 -57750 -19254 11248 -306282 -195476 -89873 -172922 -107844 -48941 -102970 -68036 -29519 -31498 -26883 -16016
Depreciation, amortization & impairment – 2200000 1046000 2758000 1802000 880000 2063000 1302000 621000 1704000 1120000 553000 1577000 1046149 467577 1404313 – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Depreciation & amortization 3435000 – – – – – – – – – – – – – – – 901488 416233 1166397 765773 376602 620160 339692 156460 278867 168501 77112 163955 98983 44268 68498 40048 17850 16033 8511 4163 12115 7835 3517 7733 4624 2141 5005 3057 1372
Stock-based compensation 1328000 863000 418000 1141000 779000 418000 1563000 1088000 614000 1101000 558000 211000 617000 418241 208378 543711 338983 141639 332412 219759 103717 246512 156969 89658 142359 86327 43026 111980 72822 37038 55566 34582 14868 35729 23254 10711 20737 12852 5926 13313 9502 3387 449 243 90
Amortization of discount on convertible debt – – – – – – – – – – – – – – – – – – – 64151 30337 63924 41696 20613 51376 33712 17941 55634 32102 8493 5344 – – – – – – – – – – – – – –
Amortization of debt discounts & issuance costs – – – – – – – – – 144000 94000 46000 138000 82123 40108 120873 74419 39345 60613 – – – – – – – – – – – – – – – – – – – – – – – – – –
Inventory & purchase commitments write-downs 361000 217000 50000 118000 58000 33000 128000 88000 49000 140000 88000 45000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Inventory write-downs – – – – – – – – – – – – 167000 115672 80843 59983 46098 18546 98347 71255 26918 50289 29725 13010 23303 15950 5901 14495 3850 1578 6788 5589 1532 – 3678 2612 1420 652 383 652 351 141 1029 715 219
Inventory adjustments – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 4089 – – – – – – – – – – –
Amortization of discount on 1.50% convertible senior notes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 1582 – – – – – – – – – – – – –
Change in fair value of Department of Energy (DOE) warrant liability – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -10692 -10692 -10692 896 -309 -155 2101 1761 1421 – – – – – –
Amortization of DOE loan origination costs – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 5558 5558 – – – – – – – – – – – – –
Loss on disposals of fixed assets – – – – – – – – – 67000 12000 7000 69000 47931 18421 132639 118850 52237 59640 53572 41120 12181 11563 26171 8800 4991 2753 11052 6305 – – – – – – – – – – – – – – – –
Discounts & premiums on short-term marketable securities – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 56 41 – – – – – – – – –
Change in fair value of convertible preferred stock warrant liability – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 5610 8682 2332 404 98 73
Loss (gain) on extinguishment of convertible notes & warrants – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -1468 -1468 -1468
Interest on convertible notes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 2686 2686 1442
Foreign currency transaction net unrealized loss (gain) -317000 -283000 -25000 1000 -52000 -30000 8000 -1000 -2000 144000 38000 19000 -102000 -10848 -39130 -6614 6185 47661 35933 29394 5064 10422 -8081 -9356 35583 16771 27977 -2707 -210 -807 – – – – – – – – – – – – – – –
Loss related to SolarCity acquisition – – – – – – – – – – – – – – – – – – 29796 11571 11571 – – – – – – – – – – – – – – – – – – – – – – – –
Non-cash interest & other operating activities 94000 59000 15000 159000 52000 16000 213000 60000 8000 116000 110000 58000 189000 158699 116050 22093 5685 -3984 109729 57023 -5179 21735 16167 – – – – – – – – – – – – – – – – – – – – – –
Digital assets loss (gain), net – – – 106000 106000 – -27000 -78000 -101000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Operating cash flow related to repayment of discounted convertible notes – – – – – – – – – – – – -188000 -188107 -188107 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Other non-cash operating activities – – – – – – – – – – – – – – – – – – – – – – – 7135 11011 6082 2862 4503 3662 2562 2205 600 390 1377 1020 182 30 229 11 – – – – – –
Accounts receivable 377000 -504000 -32000 -426000 -233000 -409000 -148000 -283000 -24000 -550000 -236000 -14000 -150000 -168312 -99640 -686103 -98509 -169142 -105643 77043 91541 -110510 -1426 -159327 78373 62832 2175 -109172 -47931 -23800 -20738 -86702 -19297 375 -1483 -4050 -11540 -16598 -13550 -4575 -2978 -2443 1934 -1226 2789
Inventory -1953000 -2116000 -1540000 -4492000 -2192000 -633000 -1175000 -687000 -106000 -602000 -535000 -981000 -485000 -352428 -809152 -1110611 -1055556 -322081 -418970 – – – – – – – – – – – – – – – – – – – -5481 -16937 -6647 -5507 -4032 -8763 -4943
Inventories & operating lease vehicles – – – – – – – – – – – – – – – – – – – -1121155 -583479 -1798214 -1217931 -512671 -1091382 -706220 -307209 -672663 -458132 -197734 -358417 -129246 18220 -104032 -18438 -5600 -10831 -12964 – – – – – – –
Operating lease vehicles -1858000 -1387000 -675000 -1136000 -795000 -462000 -1526000 -916000 -426000 -640000 -330000 -197000 -467000 -175898 13012 -188948 -186208 -97196 -1083140 – – – – – – – – – – – – – – – – – – – – – – – – – –
Prepaid expenses & other current assets 322000 -5000 -79000 -865000 -533000 -289000 -287000 -131000 -143000 -290000 -301000 -154000 -236000 -139141 -46103 -31532 -95194 -50001 -123832 -113192 -75504 34636 19494 -9134 -35962 -3385 -43475 -29517 -24207 -11427 -8900 -3444 -2575 1751 2580 2483 -1185 158 -1423 -3109 -856 -316 -2184 -2124 -229
Operating lease assets – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -1482 -5932 – – – – –
Other non-current assets -2655000 -1854000 -729000 -1580000 -1042000 -611000 -744000 -289000 -168000 -105000 -16000 40000 46000 42165 28064 – – – – – 8006 -2586 -7447 -6862 -14297 -8355 -6055 -5671 -457 149 38 304 158 -146 -79 -14 -335 -375 -366 -818 -506 253 -654 -372 10
MyPower customer notes receivable and & assets – – – – – – – – – – – – – – – -62399 -59446 -57583 17628 26339 – – – – – – – – – – – – – – – – – – – – – – – – –
Accounts payable – – – – – – – – – – – – – – – – – – – – – – – – – – -43242 171198 134524 78533 27322 -6421 25661 95921 19969 5942 – – – 7993 5958 3104 3173 2279 1464
Accrued liabilities – – – – – – – – – – – – – – – – – – – – – – – – – – 90735 82697 51187 19224 34188 14951 926 -1834 2878 948 – – – -2131 -4474 -6611 -79 489 222
Accounts payable & accrued liabilities -24000 934000 797000 4659000 1406000 997000 2764000 1592000 672000 765000 -372000 -265000 142000 49898 -27577 1627997 909720 317983 170326 13234 2531 697528 212949 60593 89238 61261 – – – – – – – – – – 37999 26118 7742 – – – – – –
Deferred development compensation – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -156 -156 -156 -6023 201 4351
Deferred revenue 774000 661000 106000 856000 648000 287000 452000 279000 162000 118000 -20000 53000 625000 476556 317888 284417 107497 45795 329007 208685 103941 256187 165144 89671 186255 116812 50729 142494 101259 50282 190072 93110 4059 -109 -114 176 -1616 -1123 -509 3374 7599 5521 326 -2884 -983
Customer deposits -95000 16000 2000 251000 292000 204000 80000 52000 -2000 -15000 5000 88000 -114000 -160376 -25173 9471 42920 67359 3815 -71064 -51004 409139 398555 100804 20314 19573 -3012 71143 64946 35026 1461 -5100 -8103 – – – – – – – – – – – –
Resale value guarantee – – – – – – – – – – – – -112000 -76332 -47394 -57621 -39563 – 141044 176505 184579 322244 253710 150636 249548 143216 62712 161782 109232 54318 159010 – – – – – – – – – – – – – –
Reservation payments – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 46577 41686 21557 34460 22431 8657 1821 198 -59 -23207 4256 -5194
Other long-term liabilities 2066000 1624000 620000 1016000 501000 314000 247000 47000 23000 261000 112000 -17000 171000 114915 19974 74232 -18076 -60560 76124 59732 56609 44310 65407 15261 40230 29030 41457 44273 20828 12738 28679 90421 9834 3635 1199 790 2291 1083 798 2599 1548 403 2321 1367 638
Net cash flows from operating activities 8886000 5578000 2513000 11446000 6346000 3995000 6912000 3765000 1641000 2924000 524000 -440000 980000 224000 -639606 863241 -528040 -398376 -570545 -269983 -69811 324380 -99269 -249605 -494650 -291310 -131794 29065 57061 60640 128232 25886 64079 -206020 -111068 -50087 -87276 -65785 -43297 -93533 -45191 -27329 -51818 -28329 -16163
Purchases of property & equipment excluding finance leases, net of sales -6592000 -4132000 -2072000 -5300000 -3497000 -1767000 -4672000 -2853000 -1348000 -2006000 -1001000 -455000 -915000 -529609 -279932 -1775746 -1265475 -655662 -2628126 -1511692 -552624 -759190 -511579 -216859 -1223628 -831225 -426060 -601224 -317049 -141364 -174790 -98242 -57727 -197745 -129273 -67987 -143634 -74790 -20476 -23055 -17672 -5472 -5685 -3429 -902
Purchase of short-term marketable securities – – – – – – – – – – – – – – – – – – – – – – – – – – – -205831 -200268 – – – – – – – – – – – – – – – –
Maturities of short-term marketable securities 138000 – – – – – – – – – – – – – – – – – – – – 16667 16667 – – – – 189131 189131 – – – – 40000 40000 15000 – – – – – – – – –
Purchase of solar energy systems, leased & to be leased – – – – – – – – – – – – – – – -189869 -140375 -72975 -547085 -418792 -219948 – – – – – – – – – – – – – – – – – – – – – – – –
Purchases of solar energy systems, net of sales – -1000 -1000 -5000 -5000 -5000 -28000 -22000 -12000 -62000 -46000 -26000 -68000 -43458 -25261 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Purchases of digital assets – – – – – – -1500000 -1500000 -1500000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Receipt of government grants – – – – – – 6000 6000 6000 1000 1000 1000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from sales of digital assets – – – 936000 936000 – 272000 272000 272000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Purchase of intangible assets – – – -9000 -9000 -9000 – – – -5000 – – -5000 -5333 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Business acquisition -64000 – – – – – – – – – – – – – – – – – – – – – – – -12260 -12260 – – – – – – – – – – – – – – – – – – –
Decrease (increase) in other restricted cash – – – – – – – – – – – – – – – – – – – – -45224 -79156 -58761 -16960 -23383 -11696 -6284 -289 1616 1295 126 1080 2560 -4478 -2608 -463 -887 – -67 -1852 – – -2360 – –
Purchases of marketable securities – – – -1467000 -476000 -386000 -30000 – – – – – – – – – – – – – – – – – – – – – – -189111 – – – -14992 -14992 -14992 -64952 – – – – – – – –
Purchases of investments -13221000 -7090000 -2015000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from maturities of investments – 5143000 1604000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from sales of investments 8959000 138000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from maturities of marketable securities – – – 3000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Withdrawals out of (transfers into) our dedicated DOE accounts, net – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 14752 14752 -69 8472 8218 -10998 18292 62348 30654 – – – – – –
Payments related to acquisition of Fremont manufacturing facility & related assets – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -58710 – – – – –
Increase in restricted cash in our dedicated Department of Energy account – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -88130 – – – – –
Increase in restricted cash – – – – – – – – – – – – – – – – – – -172733 -102528 – – – – – – – – – – – – – – – – – -569 – – -1781 -3907 – -1581 –
Business combinations, net of cash acquired – -76000 – – – – – – – -13000 – – -45000 31012 -650 -6804 -5604 – -109147 -109147 -109147 – – – – – – – – – – – – – – – – – – – – – – – –
Net cash flows from investing activities -10780000 -6018000 -2484000 -5842000 -3051000 -2167000 -5952000 -4097000 -2582000 -2085000 -1046000 -480000 -1033000 -547388 -305843 -1972419 -1411454 -728637 -3457091 -2142159 -926943 -821679 -553673 -233819 -1259271 -855181 -432344 -618213 -326570 -329180 -159912 -82410 -55236 -168743 -98655 -79440 -191181 -13011 10111 -171747 -19453 -9379 -8045 -5010 -902
Proceeds from issuances of common stock in public offerings, net of issuance costs – – – – – – – – – 7282000 2309000 2309000 848000 848232 – – – – 400175 400175 400175 1701734 1701734 – 750000 – – – – – 360000 360000 – – – – 172410 172423 – 188842 – – – – –
Proceeds from 1.50% convertible senior notes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 660000 – – – – – – – – – – – – –
Proceeds from issuance of convertible debt 2526000 – – – – – – – – – – – – – – – – – – – – – – – – – – 2300000 2300000 2000000 660000 – – – – – – – – – – – – – –
Proceeds from issuances of convertible & other debt – – – – – – 7633000 4862000 2983000 7826000 4946000 2802000 7119000 5007481 1494066 3946575 3043227 1775481 5401158 2408586 1838166 1685279 1108000 430000 183972 168246 77661 – – – – – – – – – – – – – – – – – –
Repayments of convertible & other debt -887000 -543000 -302000 -3000000 -2219000 -1945000 -11589000 -7408000 -4038000 -7537000 -4226000 -2318000 -5601000 -3700332 -1970709 -3111242 -2268716 -1389388 -2442942 -1412286 -690945 -1678475 – – – – – – – – – – – – – – – – – – – – – – –
Collateralized lease repayments – – – – – – -9000 -8000 -6000 -224000 -168000 -97000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Repayments of borrowings under solar bonds issued to related parties – – – – – – – – – – – – – – – -100000 -17500 -17500 -165000 -165000 -90000 – – – – – – – – – – – – – – – – – – – – – – – –
Repayments of other debt – – – – – – – – – – – – – – – – – – – – – – -578683 – – – – – – – – – – – – – – – – – – – – – –
Collateralized lease borrowing – – – – – – – – – – – – – -219323 – – – – 416427 335675 186355 557669 384525 241763 359951 196535 77961 – – – – – – – – – – – – – – – – – –
Collateralized lease borrowings (repayments) -17000 – – – – – – – – – – – -302000 – -133891 -343086 -200518 -87092 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from exercises of stock options & other stock issuances – 294000 231000 474000 245000 202000 445000 253000 183000 361000 217000 160000 167000 95585 77953 219945 125071 94018 239328 158913 57307 153461 110478 52838 94026 58871 35218 89925 53115 35726 82219 55091 17903 18078 10391 8993 7812 4917 3706 – – – – – –
Principal payments on capital leases & other debt – – – – – – – – – – – – – – – – – – – – – – -18270 -8128 -72906 -13901 -3726 -8702 -5646 -2545 -6380 -3634 -1509 -1684 -921 -429 -225 -129 -79 -233 -155 -77 -275 -215 -121
Principal payments on finance leases -340000 -222000 -106000 -369000 -251000 -123000 -311000 -196000 -101000 -248000 -154000 -100000 -223000 -142571 -66656 -105867 -48182 -18787 -69496 -36857 -18303 -30447 – – – – – – – – – – – – – – – – – – – – – – –
Debt issuance costs -23000 -13000 -13000 – – – -9000 -5000 -5000 -6000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Common stock & debt issuance costs – – – – – – – – – – – – -32000 -30376 -7757 -5121 -3671 -2913 -50530 -13688 -11094 -18072 -15765 – -16558 -5244 – – – – – – – – – – – – – – – – – – –
Common stock & convertible other debt issuance costs – – – – – – – – – – – – – – – – – – – – – – – -1038 – – -958 – – – – – – – – – – – – – – – – – –
Purchase of convertible note hedges – – – – – – – – – – – – -476000 -475824 – – – – -204102 -204102 -204102 – – – – – – -603428 -603428 -524720 -177540 -177540 – – – – – – – – – – – – –
Proceeds from settlement of convertible note hedges – – – – – – – – – – – – – – – – – – 269456 251850 – – – – – – – – – – – – – – – – – – – – – – – – –
Proceeds from issuance of warrants – – – – – – – – – – – – 174000 174432 – – – – 52883 52883 52883 – – – – – – 389160 389160 338400 120318 120318 – – – – – – – – – – – – –
Payments for settlements of warrants – – – – – – – – – – – – – – – -5 – – -219538 -208193 – – – – – – – – – – – – – – – – – – – – – – – – –
Convertible debt issuance costs – – – – – – – – – – – – – – – – – – – – – – – – – – – -35150 -35150 -30302 – – – – – – – – – – – – – – –
Proceeds from issuance of common stock in private placements – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 55000 55000 – – – – 59058 59058 – 50000 – – – – –
Principal payments on DOE loans – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -452337 -452337 – – – – – – – – – – – – –
Common stock & 1.50% convertible senior notes issuance costs – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -16207 – – – – – – – – – – – – –
Common stock & convertible debt issuance costs – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -16374 – – – – – – – – – – – – – –
Principal payments on long-term debt – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -12710 – – – – – – – – – – – –
Proceeds from long term debt – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 188796 155541 84267 153172 62349 30656 56557 45419 – – – –
Proceeds from issuance of series F convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 82378 – –
Proceeds from issuance of series E convertible preferred stock – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 49444 49444 –
Proceeds from long-term debt & other long-term liabilities – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 29920 – – –
Proceeds from issuance of convertible notes & warrants – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 25468 25468 19622
Proceeds from exercise of stock options 548000 – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 741 580 358 118 65 32
Deferred common stock & loan facility issuance costs – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -3691 -3523 -1574 – – –
Proceeds from investments by noncontrolling interests in subsidiaries – – – – – – 2000 2000 – 23000 19000 19000 153000 88866 46821 366297 253037 73704 691918 583433 142003 – – – – – – – – – – – – – – – – – – – – – – – –
Distributions paid to noncontrolling interests in subsidiaries -105000 -67000 -36000 -118000 -76000 -42000 -108000 -65000 -32000 -163000 -110000 -67000 -211000 -148759 -85257 -178511 -109545 -52942 -190715 -123873 -63696 – – – – – – – – – – – – – – – – – – – – – – – –
Payments for buy-outs of noncontrolling interests in subsidiaries – -10000 -7000 -19000 -19000 -6000 – – – -33000 -2000 – -8000 -7589 -7589 -2921 -2921 -2921 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Net cash flows from financing activities 1702000 -561000 -233000 -3032000 -2320000 -1914000 -3946000 -2565000 -1016000 7281000 2831000 2708000 1608000 1489822 -653019 686064 770282 371660 4129022 2027516 1598749 2371149 2692019 715435 1298485 404507 186156 2131805 2098051 1816559 624906 600691 3684 205190 165011 92831 392227 298618 34283 292216 42321 28627 157133 74762 19533
Effect of exchange rate changes on cash & cash equivalents – – – – – – – – – – – – – – – – – – 35428 27334 11382 13499 10316 12870 -24241 -13056 -17655 -17811 479 – – – – – – – – – – – – – – – –
Effect of exchange rate changes on cash & cash equivalents & restricted cash -142000 -44000 50000 -567000 -232000 -18000 -221000 -179000 -221000 100000 14000 -24000 -6000 5471 4878 -18879 -12509 10102 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Net increase (decrease) in cash & cash equivalents & restricted cash -334000 -1045000 -154000 2005000 743000 -104000 -3207000 -3076000 -2178000 8220000 2323000 1764000 1549000 1171905 -1593590 -441993 -1181721 -745251 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Cash & cash equivalents & restricted cash, beginning of period 16924000 16924000 16924000 18144000 18144000 18144000 19901000 19901000 19901000 6783000 6783000 6783000 4277000 4276388 4276388 3964959 3964959 3964959 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Cash & cash equivalents & restricted cash, end of period 16590000 15879000 16770000 20149000 18887000 18040000 16694000 16825000 17723000 15003000 9106000 8547000 5826000 5448293 2682798 3522966 2783238 3219708 – – – – – – – – – – – – – – – – – – – – – – – – – – –
Net increase (decrease) in cash & cash equivalents – – – – – – – – – – – – – – – – – – 136814 -357292 613377 1887349 2049393 244881 -479677 -755040 -395637 1542657 1828542 1548019 593226 544167 12527 -169573 -44712 -36696 113770 219822 1097 26936 -22323 -8081 97270 41423 2468
Cash & cash equivalents at beginning of period – – – – – – – – – – – – – – – – – – 3393216 3393216 3393216 1196908 1196908 1196908 1905713 1905713 1905713 845889 845889 845889 201890 201890 201890 255266 255266 255266 99558 99558 99558 69627 69627 69627 9277 9277 9277
Cash & cash equivalents at end of period – – – – – – – – – – – – – – – – – – 3530030 3035924 4006593 3084257 3246301 1441789 1426036 1150673 1510076 2370735 2674910 2393908 795116 746057 214417 85693 210554 218570 213328 319380 100655 96563 47304 61546 106547 50700 11745
Cash paid for interest – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – 843 474 198 46 28 13
Cash paid (refunded) for income taxes – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – -19 -19 -42 112 60 –

company_logo1296146562bae34f98f1.bmp

Order a similar assignment, and have writers from our team of experts write it for you, guaranteeing you an A

Order Solution Now

Categories: