BLOOM ENERGY CORP (BE) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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BLOOM ENERGY CORP cash flow reconciliation, Jul 1, 2024 through Sep 30, 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 sale of property, plant and equipment → investing reconciliation: $14,000.00investing reconciliation → Purchase of property, plant and equipment: $14,292,000.00Proceeds from issuance of common stock → financing reconciliation: $4,141,000.00Proceeds from financing obligations → financing reconciliation: $464,000.00financing reconciliation → Repayment of financing obligations: $9,767,000.00financing reconciliation → Payment of debt issuance costs: $438,000.00Net cash used in operating activities → operating reconciliation: $69,469,000.00Deferred revenue and customer deposits → operating reconciliation: $36,231,000.00Accounts payable → operating reconciliation: $23,882,000.00Stock-based compensation expense → operating reconciliation: $17,689,000.00Accrued expenses and other current liabilities → operating reconciliation: $13,819,000.00Depreciation and amortization → operating reconciliation: $13,240,000.00Non-cash lease expense → operating reconciliation: $9,175,000.00Deferred cost of revenue → operating reconciliation: $7,796,000.00Other long-term assets → operating reconciliation: $4,646,000.00Accrued warranty → operating reconciliation: $2,621,000.00Amortization of debt issuance costs → operating reconciliation: $1,862,000.00Revaluation of derivative contracts → operating reconciliation: $386,000.00Finance lease liabilities → operating reconciliation: $173,000.00Other → operating reconciliation: $105,000.00operating reconciliation → Net loss: $14,632,000.00operating reconciliation → Accounts receivable: $67,064,000.00operating reconciliation → Inventories: $64,141,000.00operating reconciliation → Contract assets: $30,687,000.00operating reconciliation → Operating lease right-of-use assets and operating lease liabilities: $9,325,000.00operating reconciliation → Prepaid expenses and other current assets: $8,716,000.00operating reconciliation → Gain on terminations of financing arrangements: $5,003,000.00operating reconciliation → Unrealized foreign currency exchange loss: $1,496,000.00operating reconciliation → (Gain) loss on disposal of property, plant and equipment: $17,000.00operating reconciliation → Other long-term liabilities: $13,000.00Net cash used in financing activities → financing reconciliation: $5,600,000.00Net cash used in investing activities → investing reconciliation: $14,278,000.00Exchange-rate effect → Cash sources and uses: $694,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $637,804,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $549,151,000.00Cash sources and uses → Net cash used in investing activities: $14,278,000.00Cash sources and uses → Net cash used in financing activities: $5,600,000.00Cash sources and uses → Net cash used in operating activities: $69,469,000.00Operating lease right-of-use assets and operating lease liabilities: -$9,325,000.00Operating lease liabilities−$9.33 MLoss on extinguishment of debt: $0.00Accrued warranty: $2,621,000.00Accrued warranty+$2.62 MDepreciation and amortization: $13,240,000.00Depreciation expense+$13.24 MOther long-term liabilities: -$13,000.00Other noncurrent liabilities−$13.00 KContract assets: -$30,687,000.00Contract assets−$30.69 MDeferred cost of revenue: $7,796,000.00Deferred costs+$7.80 MFinance lease liabilities: $173,000.00Finance lease liabilities+$173.00 KNon-cash lease expense: $9,175,000.00Non-cash lease expense+$9.18 MPrepaid expenses and other current assets: -$8,716,000.00Prepaid & other assets−$8.72 MRevaluation of derivative contracts: $386,000.00Derivative value change+$386.00 KDeferred revenue and customer deposits: $36,231,000.00Deferred revenue+$36.23 MStock-based compensation expense: $17,689,000.00Stock-based compensation expense+$17.69 MAmortization of debt issuance costs: $1,862,000.00Debt cost amortization+$1.86 MAccrued expenses and other current liabilities: $13,819,000.00Other current liabilities+$13.82 MUnrealized foreign currency exchange loss: -$1,496,000.00Unrealized FX gain & loss−$1.50 MAccounts receivable: -$67,064,000.00Accounts receivable−$67.06 MNet loss: -$14,632,000.00Net loss−$14.63 MInventories: -$64,141,000.00Inventories−$64.14 MAccounts payable: $23,882,000.00Accounts payable+$23.88 MOther long-term assets: $4,646,000.00Other noncurrent assets+$4.65 M(Gain) loss on disposal of property, plant and equipment: -$17,000.00PP&E disposal gain & loss−$17.00 KOther: $105,000.00Other non-cash items+$105.00 KImpairment of assets: $0.00Derecognition of loan commitment asset related to SK ecoplant Second Tranche Closing: $0.00Gain on terminations of financing arrangements: -$5,003,000.00Gain on terminations of financing arrangements−$5.00 MNet cash used in operating activities: -$69,469,000.00. Cash required to fund net payments.Operating cash−$69.47 Moperating reconciliation: $201,094,000.00Proceeds from issuance of debt: $0.00Repayment of financing obligations: -$9,767,000.00Financing obligations repaid−$9.77 MProceeds from financing obligations: $464,000.00Financing obligations issued+$464.00 KPayment of debt issuance costs: -$438,000.00Debt issuance costs−$438.00 KPurchase of capped call related to convertible notes: $0.00Proceeds from issuance of redeemable convertible preferred stock: $0.00Proceeds from issuance of common stock: $4,141,000.00Common stock issued+$4.14 MRepayment of debt: $0.00Other: $0.00Contributions from noncontrolling interest: $0.00Distributions and payments to noncontrolling interests: $0.00Buyout of noncontrolling interest: $0.00Dividend paid: $0.00Net cash used in financing activities: -$5,600,000.00. Cash required to fund net payments.Financing cash−$5.60 Mfinancing reconciliation: $10,205,000.00Proceeds from sale of property, plant and equipment: $14,000.00PP&E sales+$14.00 KPurchase of property, plant and equipment: -$14,292,000.00PP&E purchases−$14.29 MNet cash used in investing activities: -$14,278,000.00. Cash required to fund net payments.Investing cash−$14.28 Minvesting reconciliation: $14,292,000.00Cash sources and uses: $638,498,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $637,804,000.00Beginning cash$637.80 MEnding cash: Cash, cash equivalents, and restricted cash: $549,151,000.00Ending cash$549.15 MExchange-rate effect: $694,000.00FX effect+$694.00 KCASH RECONCILIATIONInvestingflowsFinancingflowsOperatingflowsNet loss −$14.63M − net operating adjustments $54.84M = operating cash −$69.47MFree cash flow−$83.76 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$88.65 MEnding cash − beginning cash
Chart details

BLOOM ENERGY CORP cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
637,804,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 69,469,000 US dollars. Net cash used.
Operating lease right-of-use assets and operating lease liabilities
negative 9,325,000 US dollars
Loss on extinguishment of debt
0 US dollars
Accrued warranty
2,621,000 US dollars
Depreciation and amortization
13,240,000 US dollars
Other long-term liabilities
negative 13,000 US dollars
Contract assets
negative 30,687,000 US dollars
Deferred cost of revenue
7,796,000 US dollars
Finance lease liabilities
173,000 US dollars
Non-cash lease expense
9,175,000 US dollars
Prepaid expenses and other current assets
negative 8,716,000 US dollars
Revaluation of derivative contracts
386,000 US dollars
Deferred revenue and customer deposits
36,231,000 US dollars
Stock-based compensation expense
17,689,000 US dollars
Amortization of debt issuance costs
1,862,000 US dollars
Accrued expenses and other current liabilities
13,819,000 US dollars
Unrealized foreign currency exchange loss
negative 1,496,000 US dollars
Accounts receivable
negative 67,064,000 US dollars
Net loss
negative 14,632,000 US dollars
Inventories
negative 64,141,000 US dollars
Accounts payable
23,882,000 US dollars
Other long-term assets
4,646,000 US dollars
(Gain) loss on disposal of property, plant and equipment
negative 17,000 US dollars
Other
105,000 US dollars
Impairment of assets
0 US dollars
Derecognition of loan commitment asset related to SK ecoplant Second Tranche Closing
0 US dollars
Gain on terminations of financing arrangements
negative 5,003,000 US dollars
Investing activities
negative 14,278,000 US dollars. Net cash used.
Proceeds from sale of property, plant and equipment
14,000 US dollars
Purchase of property, plant and equipment
negative 14,292,000 US dollars
Financing activities
negative 5,600,000 US dollars. Net cash used.
Proceeds from issuance of debt
0 US dollars
Repayment of financing obligations
negative 9,767,000 US dollars
Proceeds from financing obligations
464,000 US dollars
Payment of debt issuance costs
negative 438,000 US dollars
Purchase of capped call related to convertible notes
0 US dollars
Proceeds from issuance of redeemable convertible preferred stock
0 US dollars
Proceeds from issuance of common stock
4,141,000 US dollars
Repayment of debt
0 US dollars
Other
0 US dollars
Contributions from noncontrolling interest
0 US dollars
Distributions and payments to noncontrolling interests
0 US dollars
Buyout of noncontrolling interest
0 US dollars
Dividend paid
0 US dollars
Operating adjustment reconciliation
201,094,000 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
10,205,000 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
14,292,000 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
694,000 US dollars
Ending cash on Sep 30, 2024
549,151,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
638,498,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 88,653,000 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 69,469,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
14,292,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 83,761,000 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 −$14.63M − net operating adjustments $54.84M = operating cash −$69.47M. 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 69,469,000 US dollars minus 14,292,000 US dollars equals negative 83,761,000 US dollars.
BLOOM ENERGY CORP (BE) FY2024 Q3 Statement of Cash Flows Sankey chart
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