10-Q Filing

CAPSTONE GREEN ENERGY HOLDINGS, INC. CIK: 1009759 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-056558`
Period End Date	20120630
Filing Date	20120809
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	cpst-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 29 Cash Flow Statement 62

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.23M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.64M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	415.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	415.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	300.60M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	300.32M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	299.32M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	299.57M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,643 at June 30, 2012 and $2,228 at March 31, 2012	`AccountsReceivableNetCurrent`	$18.58M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,643 at June 30, 2012 and $2,228 at March 31, 2012	`AccountsReceivableNetCurrent`	$18.45M	USD	Point-in-time
Inventories	`InventoryNet`	$18.88M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	997,820.00	shares	Point-in-time
Inventories	`InventoryNet`	$20.09M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.03M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.97M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$90.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$86.14M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.44M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.83M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$2.47M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$1.31M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.68M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.81M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$452.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$442.00K	USD	Point-in-time
Total	`Assets`	$96.17M	USD	Point-in-time
Total	`Assets`	$99.79M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.06M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.45M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$1.72M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$2.15M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$1.49M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$2.32M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.87M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$10.43M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$13.01M	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$190.00K	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$363.00K	USD	Point-in-time
Warrant liability	`WarrantLiability`	$642.00K	USD	Point-in-time
Warrant liability	`WarrantLiability`	$791.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.63M	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$70.00K	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$145.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$254.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$226.00K	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value; 415,000,000 shares authorized; 300,595,265 shares issued and 299,566,614 shares outstanding at June 30, 2012; 300,315,313 shares issued and 299,317,493 shares outstanding at March 31, 2012	`CommonStockValue`	$300.00K	USD	Point-in-time
Common stock, $.001 par value; 415,000,000 shares authorized; 300,595,265 shares issued and 299,566,614 shares outstanding at June 30, 2012; 300,315,313 shares issued and 299,317,493 shares outstanding at March 31, 2012	`CommonStockValue`	$301.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$791.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$790.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-739.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-731.41M	USD	Point-in-time
Treasury stock, at cost; 1,028,651 shares at June 30, 2012 and 997,820 shares at March 31, 2012	`TreasuryStockValue`	$1.17M	USD	Point-in-time
Treasury stock, at cost; 1,028,651 shares at June 30, 2012 and 997,820 shares at March 31, 2012	`TreasuryStockValue`	$1.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$51.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$58.62M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$96.17M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$99.79M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$24.28M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$28.81M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$23.77M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$26.64M	USD	1 Quarter
Gross margin	`GrossProfit`	$2.17M	USD	1 Quarter
Gross margin	`GrossProfit`	$507.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.64M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.80M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.29M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.48M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$22.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$4.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$191.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$231.00K	USD	1 Quarter
Change in fair value of warrant liability	`IncreaseDecreaseInFairValueOfWarrantLiability`	$-5.63M	USD	1 Quarter
Change in fair value of warrant liability	`IncreaseDecreaseInFairValueOfWarrantLiability`	$-149.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.50M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$272.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.90M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.78M	USD	1 Quarter
Net loss per common share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Net loss per common share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average shares used to calculate net loss per common share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	259.37M	shares	1 Quarter
Weighted average shares used to calculate net loss per common share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	299.43M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.90M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$832.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$740.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$48.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$18.00K	USD	1 Quarter
Provision for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$23.00K	USD	1 Quarter
Provision for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$637.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$284.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$313.00K	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$1.64M	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$1.40M	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$338.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$420.00K	USD	1 Quarter
Change in fair value of warrant liability	`IncreaseDecreaseInFairValueOfWarrantLiability`	$-5.63M	USD	1 Quarter
Change in fair value of warrant liability	`IncreaseDecreaseInFairValueOfWarrantLiability`	$-149.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$637.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$514.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.67M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.43M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-277.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-478.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$453.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-3.37M	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$402.00K	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$380.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$812.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$799.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-125.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$745.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.03M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-12.35M	USD	1 Quarter
Acquisition of and deposits on equipment and leasehold improvements	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$271.00K	USD	1 Quarter
Acquisition of and deposits on equipment and leasehold improvements	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$312.00K	USD	1 Quarter
Changes in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.25M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$938.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-271.00K	USD	1 Quarter
Net proceeds from (repayment of) revolving credit facility	`ProceedsFromLinesOfCredit`	$2.58M	USD	1 Quarter
Net proceeds from (repayment of) revolving credit facility	`ProceedsFromLinesOfCredit`	$-686.00K	USD	1 Quarter
Repayment of notes payable and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$186.00K	USD	1 Quarter
Repayment of notes payable and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$98.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$-19.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$-35.00K	USD	1 Quarter
Proceeds from exercise of common stock warrants	`ProceedsFromIssuanceOfWarrants`	$966.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$59.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.46M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-4.83M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-11.35M	USD	1 Quarter
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$33.46M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.11M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$33.46M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.11M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Interest	`InterestPaid`	$184.00K	USD	1 Quarter
Interest	`InterestPaid`	$54.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$272.00K	USD	1 Quarter
Fixed asset purchases included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$70.00K	USD	1 Quarter
Fixed asset purchases included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$128.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.