10-Q Filing

CAPSTONE GREEN ENERGY HOLDINGS, INC. CIK: 1009759 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-061739`
Period End Date	20130630
Filing Date	20130808
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	cpst-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 29 Cash Flow Statement 60

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.16M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.14M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,159 at June 30, 2013 and $2,142 at March 31, 2013	`AccountsReceivableNetCurrent`	$23.68M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,159 at June 30, 2013 and $2,142 at March 31, 2013	`AccountsReceivableNetCurrent`	$17.94M	USD	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
Inventories	`InventoryNet`	$25.92M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$18.51M	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`	515.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.15M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	515.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$77.86M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	305.98M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$73.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	305.66M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	304.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	304.62M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.54M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.04M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.10M	shares	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$3.08M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$3.25M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.19M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$337.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$371.00K	USD	Point-in-time
Total	`Assets`	$87.34M	USD	Point-in-time
Total	`Assets`	$82.35M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.80M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.12M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$1.72M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$2.18M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$2.72M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$2.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.09M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.57M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$12.76M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$13.48M	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$221.00K	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$361.00K	USD	Point-in-time
Warrant liability	`WarrantLiability`	$10.00K	USD	Point-in-time
Warrant liability	`WarrantLiability`	$10.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$46.25M	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$210.00K	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$233.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$131.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$142.00K	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`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; 515,000,000 shares authorized; 305,982,536 shares issued and 304,883,615 shares outstanding at June 30, 2013; 305,661,276 shares issued and 304,622,573 shares outstanding at March 31, 2013	`CommonStockValue`	$306.00K	USD	Point-in-time
Common stock, $.001 par value; 515,000,000 shares authorized; 305,982,536 shares issued and 304,883,615 shares outstanding at June 30, 2013; 305,661,276 shares issued and 304,622,573 shares outstanding at March 31, 2013	`CommonStockValue`	$306.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$796.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$797.51M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-753.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-760.77M	USD	Point-in-time
Treasury stock, at cost; 1,098,921 shares at June 30, 2013 and 1,038,703 shares at March 31, 2013	`TreasuryStockValue`	$1.21M	USD	Point-in-time
Treasury stock, at cost; 1,098,921 shares at June 30, 2013 and 1,038,703 shares at March 31, 2013	`TreasuryStockValue`	$1.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$41.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$35.76M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$82.35M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$87.34M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$24.37M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$28.81M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$21.05M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$26.64M	USD	1 Quarter
Gross margin	`GrossProfit`	$3.32M	USD	1 Quarter
Gross margin	`GrossProfit`	$2.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.33M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.45M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.57M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.90M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.48M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.58M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-14.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$22.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$186.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$191.00K	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`	$-6.78M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$272.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.78M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.80M	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`	$-0.02	USD	1 Quarter
Weighted average shares used to calculate net loss per common share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	304.72M	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 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.78M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$740.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$602.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$18.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$56.00K	USD	1 Quarter
Provision for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$25.00K	USD	1 Quarter
Provision for allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$637.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$313.00K	USD	1 Quarter
Inventory write-down	`InventoryWriteDown`	$316.00K	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$1.64M	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$1.36M	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$734.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$338.00K	USD	1 Quarter
Change in fair value of warrant liability	`IncreaseDecreaseInFairValueOfWarrantLiability`	$-149.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.76M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$514.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.67M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.55M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-505.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-478.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.61M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$453.00K	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`	$444.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$938.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$812.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-517.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-125.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.03M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-15.91M	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$263.00K	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$271.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-263.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-271.00K	USD	1 Quarter
Net (repayment of) proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$-721.00K	USD	1 Quarter
Net (repayment of) proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$2.58M	USD	1 Quarter
Repayment of notes payable and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$259.00K	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`	$-61.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.46M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.04M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-17.22M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-4.83M	USD	1 Quarter
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$21.60M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$38.82M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$21.60M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$49.95M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$38.82M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$45.12M	USD	Point-in-time
Interest	`InterestPaid`	$146.00K	USD	1 Quarter
Interest	`InterestPaid`	$184.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$65.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$272.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$92.00K	USD	1 Quarter
Purchases of property and equipment 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.