10-Q Filing

CAPSTONE GREEN ENERGY HOLDINGS, INC. CIK: 1009759 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001104659-14-058291`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	cpst-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 28 Cash Flow Statement 59

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.25M	USD	Point-in-time
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.30M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.82M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.70M	USD	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
Accounts receivable, net of allowances of $2,302 at June 30, 2014 and $2,246 at March 31, 2014	`AccountsReceivableNetCurrent`	$28.02M	USD	Point-in-time
Accounts receivable, net of allowances of $2,302 at June 30, 2014 and $2,246 at March 31, 2014	`AccountsReceivableNetCurrent`	$24.21M	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
Inventories	`InventoryNet`	$22.37M	USD	Point-in-time
Inventories	`InventoryNet`	$18.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	515.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.02M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	515.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.22M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	330.73M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$76.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	311.52M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$95.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.80M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	329.51M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	310.38M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.89M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.22M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.14M	shares	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$2.94M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$3.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$305.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$302.00K	USD	Point-in-time
Total	`Assets`	$103.11M	USD	Point-in-time
Total	`Assets`	$84.12M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$28.58M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$25.69M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$1.88M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$2.33M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$2.89M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$2.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.10M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.66M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$13.23M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$11.95M	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$272.00K	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$444.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.25M	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$201.00K	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$165.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$70.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$50.00K	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; 330,731,532 shares issued and 329,514,950 shares outstanding at June 30, 2014; 311,520,567 shares issued and 310,377,293 shares outstanding at March 31, 2014	`CommonStockValue`	$331.00K	USD	Point-in-time
Common stock, $.001 par value; 515,000,000 shares authorized; 330,731,532 shares issued and 329,514,950 shares outstanding at June 30, 2014; 311,520,567 shares issued and 310,377,293 shares outstanding at March 31, 2014	`CommonStockValue`	$312.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$805.34M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$835.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-777.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-770.23M	USD	Point-in-time
Treasury stock, at cost; 1,216,582 shares at June 30, 2014 and 1,143,274 shares at March 31, 2014	`TreasuryStockValue`	$1.33M	USD	Point-in-time
Treasury stock, at cost; 1,216,582 shares at June 30, 2014 and 1,143,274 shares at March 31, 2014	`TreasuryStockValue`	$1.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$34.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$57.65M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$84.12M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$103.11M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$24.37M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$23.26M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$21.05M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$19.84M	USD	1 Quarter
Gross margin	`GrossProfit`	$3.42M	USD	1 Quarter
Gross margin	`GrossProfit`	$3.32M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.33M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.76M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.57M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.09M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.67M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.58M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncome`	$97.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncome`	$-14.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$143.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$186.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.72M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.78M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.80M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.77M	USD	1 Quarter
Net loss per common share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	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 basic and diluted net loss per common share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.11M	shares	1 Quarter
Weighted average shares used to calculate basic and diluted net loss per common share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	304.72M	shares	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.80M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$602.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$456.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$56.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$56.00K	USD	1 Quarter
Accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$25.00K	USD	1 Quarter
Accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$76.00K	USD	1 Quarter
Inventory provision	`InventoryWriteDown`	$316.00K	USD	1 Quarter
Inventory provision	`InventoryWriteDown`	$321.00K	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$1.36M	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$623.00K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-6.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$734.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$687.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.76M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.73M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.70M	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`	$-131.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-2.88M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.61M	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$444.00K	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$432.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$695.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$938.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-553.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-517.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-15.91M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-9.08M	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$247.00K	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$263.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-247.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-263.00K	USD	1 Quarter
Net repayment of revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-721.00K	USD	1 Quarter
Net repayment of revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-1.28M	USD	1 Quarter
Repayment of notes payable and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$206.00K	USD	1 Quarter
Repayment of notes payable and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$259.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$-61.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$-128.00K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$29.77M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$28.16M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.04M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$18.84M	USD	1 Quarter
Net decrease in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-17.22M	USD	1 Quarter
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$27.86M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$21.60M	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`	$46.70M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$27.86M	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`	$38.82M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$46.70M	USD	Point-in-time
Interest	`InterestPaid`	$146.00K	USD	1 Quarter
Interest	`InterestPaid`	$100.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$65.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$68.00K	USD	1 Quarter
Property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$92.00K	USD	1 Quarter

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