BLOOM ENERGY CORP (BE) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-03-31

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BLOOM ENERGY CORP cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from issuance of common stock → financing reconciliation: $6,816,000.00Contributions from noncontrolling interest → financing reconciliation: $3,958,000.00Proceeds from financing obligations → financing reconciliation: $1,334,000.00financing reconciliation → Net cash from financing activities: $7,150,000.00financing reconciliation → Repayment of financing obligations: $4,958,000.00Proceeds from sale of property, plant and equipment → investing reconciliation: $7,000.00investing reconciliation → Purchase of property, plant and equipment: $21,435,000.00Net cash used in operating activities → operating reconciliation: $147,266,000.00Stock-based compensation → operating reconciliation: $18,136,000.00Depreciation and amortization → operating reconciliation: $12,518,000.00Non-cash lease expense → operating reconciliation: $8,951,000.00Contract assets → operating reconciliation: $7,578,000.00Prepaid expenses and other current assets → operating reconciliation: $3,509,000.00Amortization of debt issuance costs → operating reconciliation: $1,471,000.00Unrealized foreign currency exchange loss → operating reconciliation: $1,136,000.00Finance lease liabilities → operating reconciliation: $97,000.00operating reconciliation → Net loss: $56,543,000.00operating reconciliation → Accounts payable: $33,455,000.00operating reconciliation → Accrued expenses and other current liabilities: $32,996,000.00operating reconciliation → Inventories: $24,965,000.00operating reconciliation → Deferred revenue and customer deposits: $13,454,000.00operating reconciliation → Deferred cost of revenue: $10,183,000.00operating reconciliation → Accrued warranty: $10,129,000.00operating reconciliation → Operating lease right-of-use assets and operating lease liabilities: $8,807,000.00operating reconciliation → Accounts receivable: $7,615,000.00operating reconciliation → Other long-term assets: $2,155,000.00operating reconciliation → Revaluation of derivative contracts: $158,000.00operating reconciliation → Other long-term liabilities: $150,000.00operating reconciliation → Other: $50,000.00operating reconciliation → (Gain) loss on disposal of property, plant and equipment: $2,000.00Net cash used in investing activities → investing reconciliation: $21,428,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $745,178,000.00Net cash from financing activities → Cash sources and uses: $7,150,000.00Cash sources and uses → Exchange-rate effect: $912,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $582,722,000.00Cash sources and uses → Net cash used in investing activities: $21,428,000.00Cash sources and uses → Net cash used in operating activities: $147,266,000.00Operating lease right-of-use assets and operating lease liabilities: -$8,807,000.00Operating lease liabilities−$8.81 MAccrued warranty: -$10,129,000.00Accrued warranty−$10.13 MDepreciation and amortization: $12,518,000.00Depreciation expense+$12.52 MOther long-term liabilities: -$150,000.00Other noncurrent liabilities−$150.00 KContract assets: $7,578,000.00Contract assets+$7.58 MDeferred cost of revenue: -$10,183,000.00Deferred costs−$10.18 MFinance lease liabilities: $97,000.00Finance lease liabilities+$97.00 KNon-cash lease expense: $8,951,000.00Non-cash lease expense+$8.95 MPrepaid expenses and other current assets: $3,509,000.00Prepaid & other assets+$3.51 MRevaluation of derivative contracts: -$158,000.00Derivative value change−$158.00 KDeferred revenue and customer deposits: -$13,454,000.00Deferred revenue−$13.45 MStock-based compensation: $18,136,000.00Stock-based compensation+$18.14 MAmortization of debt issuance costs: $1,471,000.00Debt cost amortization+$1.47 MAccrued expenses and other current liabilities: -$32,996,000.00Other current liabilities−$33.00 MUnrealized foreign currency exchange loss: $1,136,000.00Unrealized FX gain & loss+$1.14 MAccounts receivable: -$7,615,000.00Accounts receivable−$7.62 MNet loss: -$56,543,000.00Net loss−$56.54 MInventories: -$24,965,000.00Inventories−$24.97 MAccounts payable: -$33,455,000.00Accounts payable−$33.46 MOther long-term assets: -$2,155,000.00Other noncurrent assets−$2.16 M(Gain) loss on disposal of property, plant and equipment: -$2,000.00PP&E disposal gain & loss−$2.00 KOther: -$50,000.00Other non-cash items−$50.00 KNet cash used in operating activities: -$147,266,000.00. Cash required to fund net payments.Operating cash−$147.27 Moperating reconciliation: $200,662,000.00Proceeds from issuance of common stock: $6,816,000.00Common stock issued+$6.82 MProceeds from issuance of redeemable convertible preferred stock: $0.00Proceeds from financing obligations: $1,334,000.00Financing obligations issued+$1.33 MRepayment of debt: $0.00Repayment of financing obligations: -$4,958,000.00Financing obligations repaid−$4.96 MContributions from noncontrolling interest: $3,958,000.00From noncontrolling interests+$3.96 MNet cash from financing activities: $7,150,000.00Financing cash+$7.15 Mfinancing reconciliation: $12,108,000.00Proceeds from sale of property, plant and equipment: $7,000.00PP&E sales+$7.00 KPurchase of property, plant and equipment: -$21,435,000.00PP&E purchases−$21.44 MNet cash used in investing activities: -$21,428,000.00. Cash required to fund net payments.Investing cash−$21.43 Minvesting reconciliation: $21,435,000.00Cash sources and uses: $752,328,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $745,178,000.00Beginning cash$745.18 MEnding cash: Cash, cash equivalents, and restricted cash: $582,722,000.00Ending cash$582.72 MExchange-rate effect: -$912,000.00FX effect−$912.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$56.54M − net operating adjustments $90.72M = operating cash −$147.27MFree cash flow−$168.70 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$162.46 MEnding cash − beginning cash
Chart details

BLOOM ENERGY CORP cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024

Cash flows for Jan 1, 2024 through Mar 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Mar 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
745,178,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 147,266,000 US dollars. Net cash used.
Operating lease right-of-use assets and operating lease liabilities
negative 8,807,000 US dollars
Accrued warranty
negative 10,129,000 US dollars
Depreciation and amortization
12,518,000 US dollars
Other long-term liabilities
negative 150,000 US dollars
Contract assets
7,578,000 US dollars
Deferred cost of revenue
negative 10,183,000 US dollars
Finance lease liabilities
97,000 US dollars
Non-cash lease expense
8,951,000 US dollars
Prepaid expenses and other current assets
3,509,000 US dollars
Revaluation of derivative contracts
negative 158,000 US dollars
Deferred revenue and customer deposits
negative 13,454,000 US dollars
Stock-based compensation
18,136,000 US dollars
Amortization of debt issuance costs
1,471,000 US dollars
Accrued expenses and other current liabilities
negative 32,996,000 US dollars
Unrealized foreign currency exchange loss
1,136,000 US dollars
Accounts receivable
negative 7,615,000 US dollars
Net loss
negative 56,543,000 US dollars
Inventories
negative 24,965,000 US dollars
Accounts payable
negative 33,455,000 US dollars
Other long-term assets
negative 2,155,000 US dollars
(Gain) loss on disposal of property, plant and equipment
negative 2,000 US dollars
Other
negative 50,000 US dollars
Investing activities
negative 21,428,000 US dollars. Net cash used.
Proceeds from sale of property, plant and equipment
7,000 US dollars
Purchase of property, plant and equipment
negative 21,435,000 US dollars
Financing activities
7,150,000 US dollars. Net cash provided.
Proceeds from issuance of common stock
6,816,000 US dollars
Proceeds from issuance of redeemable convertible preferred stock
0 US dollars
Proceeds from financing obligations
1,334,000 US dollars
Repayment of debt
0 US dollars
Repayment of financing obligations
negative 4,958,000 US dollars
Contributions from noncontrolling interest
3,958,000 US dollars
Operating adjustment reconciliation
200,662,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
12,108,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
21,435,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 912,000 US dollars
Ending cash on Mar 31, 2024
582,722,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
752,328,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 162,456,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 147,266,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
21,435,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 168,701,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$56.54M − net operating adjustments $90.72M = operating cash −$147.27M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 147,266,000 US dollars minus 21,435,000 US dollars equals negative 168,701,000 US dollars.
BLOOM ENERGY CORP (BE) FY2024 Q1 Statement of Cash Flows Sankey chart
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