10-Q Filing

CAPSTONE GREEN ENERGY HOLDINGS, INC. CIK: 1009759 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-057180`
Period End Date	20150630
Filing Date	20150806
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	cpst-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 28 Cash Flow Statement 61

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.04M	USD	Point-in-time
Accounts receivable, allowances (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.63M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.22M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.00M	USD	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
Accounts receivable, net of allowances of $10,631 at June 30, 2015 and $11,041 at March 31, 2015	`AccountsReceivableNetCurrent`	$15.99M	USD	Point-in-time
Accounts receivable, net of allowances of $10,631 at June 30, 2015 and $11,041 at March 31, 2015	`AccountsReceivableNetCurrent`	$13.12M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	515.00M	shares	Point-in-time
Inventories	`InventoryNet`	$23.10M	USD	Point-in-time
Inventories	`InventoryNet`	$24.16M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	515.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.84M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	331.64M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	332.06M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	330.38M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$70.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	330.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$71.50M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.34M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.26M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.14M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$2.27M	USD	Point-in-time
Non-current portion of inventories	`InventoryNoncurrent`	$2.26M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.27M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.34M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$308.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$289.00K	USD	Point-in-time
Total	`Assets`	$78.37M	USD	Point-in-time
Total	`Assets`	$78.93M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$22.27M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.44M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$2.71M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$2.11M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$3.04M	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$3.18M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.31M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$3.05M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$12.95M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$16.16M	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$407.00K	USD	Point-in-time
Current portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$258.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.97M	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$128.00K	USD	Point-in-time
Long-term portion of notes payable and capital lease obligations	`LongTermDebtAndCapitalLeaseObligations`	$89.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$178.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$161.00K	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, 332,060,169 shares issued and 330,722,002 shares outstanding at June 30, 2015; 311,635,840 shares issued and 330,379,962 shares outstanding at March 31, 2015	`CommonStockValue`	$332.00K	USD	Point-in-time
Common stock, $.001 par value; 515,000,000 shares authorized, 332,060,169 shares issued and 330,722,002 shares outstanding at June 30, 2015; 311,635,840 shares issued and 330,379,962 shares outstanding at March 31, 2015	`CommonStockValue`	$332.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$838.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$837.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-807.74M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-801.76M	USD	Point-in-time
Treasury stock, at cost; 1,338,167 shares at June 30, 2015 and 1,255,878 shares at March 31, 2015	`TreasuryStockValue`	$1.51M	USD	Point-in-time
Treasury stock, at cost; 1,338,167 shares at June 30, 2015 and 1,255,878 shares at March 31, 2015	`TreasuryStockValue`	$1.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$29.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$34.70M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$78.37M	USD	Point-in-time
Total	`LiabilitiesAndStockholdersEquity`	$78.93M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$23.26M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$26.98M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$19.84M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$22.30M	USD	1 Quarter
Gross margin	`GrossProfit`	$3.42M	USD	1 Quarter
Gross margin	`GrossProfit`	$4.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.42M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$8.09M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.76M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.09M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.51M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.82M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.67M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-2.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$97.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$143.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$150.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.72M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.97M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$50.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.77M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.97M	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)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	322.11M	shares	1 Quarter
Weighted average shares used to calculate basic and diluted net loss per common share (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	330.55M	shares	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.77M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$365.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$456.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$42.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$56.00K	USD	1 Quarter
Accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$76.00K	USD	1 Quarter
Inventory provision	`InventoryWriteDown`	$321.00K	USD	1 Quarter
Inventory provision	`InventoryWriteDown`	$349.00K	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$623.00K	USD	1 Quarter
Provision for warranty expenses	`ProductWarrantyExpense`	$428.00K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-6.00K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-8.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$687.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$463.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.87M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.73M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.42M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.70M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-195.00K	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`	$1.25M	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$432.00K	USD	1 Quarter
Accrued salaries and wages and long term liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$614.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$574.00K	USD	1 Quarter
Accrued warranty reserve	`ProductWarrantyAccrualPreexistingIncreaseDecrease`	$695.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$261.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-553.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-9.08M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.86M	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$247.00K	USD	1 Quarter
Expenditures for property and equipment	`PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements`	$915.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-915.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-247.00K	USD	1 Quarter
Net proceeds from (repayments of) revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$-1.28M	USD	1 Quarter
Net proceeds from (repayments of) revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$3.20M	USD	1 Quarter
Changes in restricted cash	`IncreaseDecreaseInRestrictedCash`	$5.00M	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`	$191.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`NetCashUsedInEmployeeStockBasedTransactions`	$41.00K	USD	1 Quarter
Net cash used in employee stock-based transactions	`NetCashUsedInEmployeeStockBasedTransactions`	$128.00K	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$29.77M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$28.16M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.03M	USD	1 Quarter
Net (decrease) increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$18.84M	USD	1 Quarter
Net (decrease) increase in Cash and Cash Equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-9.81M	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`	$46.70M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.41M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$32.22M	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`	$46.70M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$22.41M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$32.22M	USD	Point-in-time
Interest	`InterestPaid`	$98.00K	USD	1 Quarter
Interest	`InterestPaid`	$100.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$3.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$68.00K	USD	1 Quarter
Acquisition of property and equipment through accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$156.00K	USD	1 Quarter
Acquisition of property and equipment in consideration for the issuance of a note payable	`NotesIssued1`	$81.00K	USD	1 Quarter

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