FCEL: the cashflow

MyFinsight

For the year ending 2025-10-31, FCEL had $132,909K increase in cash & cash equivalents over the period. -$143,892K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-10-31
Net loss	-191,372
Share-based compensation	11,088
Depreciation and amortization	40,400
Non-cash interest expense on finance obligations	2,361
Unrealized (gain) loss on derivative contracts	4,008
Operating lease costs	1,412
Operating lease payments	1,341
Impairment expense	65,781
Other, net	-178
Accounts receivable	-7,752
Unbilled receivables	66,139
Inventories	-15,871
Other assets	5,880
Accounts payable	-2,758
Accrued liabilities	-118
Deferred revenue	1,482
Net cash used in operating activities	-125,291
Capital expenditures	18,601
Project asset expenditures	3,939
Maturity of held-to-maturity debt securities	772,370
Purchases of held-to-maturity debt securities	660,969
Net cash provided by (used in) investing activities	88,861
Repayment of debt and finance obligations	14,440
Payment for deferred financing costs	172
Common stock issued for stock plans and related expenses	51
Contributions received from sale of noncontrolling interest	4,000
Distribution to noncontrolling interest	2,109
Payments for taxes related to net share settlement of equity awards	553
Common stock issuance, net of fees	185,685
Payment of preferred dividends	3,200
Net cash provided by financing activities	169,262
Effects on cash from changes in foreign currency rates	77
Net increase (decrease) in cash, cash equivalents and restricted cash	132,909
Cash and cash equivalents at beginning of period	208,883
Cash and cash equivalents at end of period	341,792

Unit: Thousand (K) dollars