STEM: the balance sheet

MyFinsight

For the year ending 2025-12-31, STEM has $308,887K in assets. $557,946K in debts. $48,915K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
90.53%
Quick Ratio
90.53%
Cash Ratio
44.24%
Debt to Asset Ratio
180.63%
Unit: Thousand (K) dollars
Assets Breakdown
Cash and cash equivalents
Energy storage systems, net
Accounts receivable, net of allo...
Others
Liabilities Breakdown
Accumulated deficit
Additional paid-in capital
Convertible notes, noncurrent
Others

Balance Sheets	2025-12-31
Cash and cash equivalents	48,915
Accounts receivable, net of allowances of 3,893 and 9,499 as of december31, 2025 and december31, 2024, respectively	38,353
Inventory	4,587
Other current assets	8,236
Total current assets	100,091
Energy storage systems, net	43,925
Contract origination costs, net	7,466
Intangible assets, net	123,028
Operating lease right-of-use assets	9,571
Prepaid warranties and maintenance	14,585
Unbilled receivables, net	84
Receivable from spes (note 15)	2,035
Self-generation incentive program deposits	147
Investment in vies	2,274
Property and equipment, net	615
Project assets	0
Restricted cash	1,786
Other	3,280
Other noncurrent assets	24,806
Total assets	308,887

Accounts payable	10,310
Accrued liabilities	26,875
Accrued payroll	9,131
Financing obligation, current portion	13,792
Deferred revenue, current portion	43,625
Other current liabilities	6,832
Total current liabilities	110,565
Deferred revenue, noncurrent	85,251
Asset retirement obligation	4,349
Convertible notes, noncurrent	183,594
Senior secured notes, noncurrent	128,796
Financing obligation, noncurrent	29,590
Warrant liabilities	5,121
Lease liabilities, noncurrent	9,860
Other liabilities	820
Total liabilities	557,946
Common stock, 0.0001 par value 250,000,000 and 500,000,000 shares authorized as of december31, 2025 and december31, 2024, respectively 8,489,540 and 8,139,884 issued and outstanding as of december31, 2025 and december31, 2024, respectively	1
Additional paid-in capital	1,239,263
Accumulated other comprehensive income	41
Accumulated deficit	-1,488,747
Total stem's stockholders deficit	-249,442
Non-controlling interests	383
Total stockholders deficit	-249,059
Total liabilities and stockholders deficit	308,887

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

MyFinsight

Balance Sheets Overview

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets