For the quarter ending 2025-09-30, STEM had $2,331K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Revenue | 109,123 | - |
| Cost of revenue | 72,205 | - |
| Compensation expense excluding stock-based compensation | 41,661 | - |
| Stock-based compensation | 7,929 | - |
| Depreciation and amortization | 12,758 | - |
| Gain on extinguishment of debt | 220,047 | - |
| Other segment expenses, net | 40,485 | - |
| Provision for income taxes | 392 | - |
| Net (loss) income | 153,740 | - |
| Depreciation and amortization expense | 10,858 | 22,242 |
| Non-cash interest expense, including interest expenses associated with debt issuance costs | 541 | 210 |
| Stock-based compensation | 2,217 | 5,712 |
| Change in fair value of derivative liability | 0 | - |
| Change in fair value of warrant liability | 4,190 | - |
| Non-cash lease expense | 696 | 1,362 |
| Accretion of asset retirement obligations | 59 | 119 |
| Impairment loss of energy storage systems | 0 | 1,413 |
| Loss on disposal and abandonment of property, plant and equipment | -842 | - |
| Impairment loss of project assets | 164 | 966 |
| Impairment loss of right-of-use assets | 1,357 | 0 |
| Impairment of parent company guarantees | 0 | - |
| Impairment of goodwill | 0 | - |
| Net accretion of discount on investments | 0 | 0 |
| Provision for (recovery of) credit losses on accounts receivable | 505 | 1,547 |
| Gain on extinguishment of debt | 220,047 | - |
| Other | 62 | -53 |
| Accounts receivable | -6,592 | -14,772 |
| Inventory | 566 | -6,321 |
| Other assets | -873 | -1,715 |
| Contract origination costs, net | 380 | 573 |
| Project assets | -128 | 2,202 |
| Accounts payable | -444 | -18,727 |
| Accrued expenses and other liabilities | 7,201 | -1,174 |
| Deferred revenue | 2,558 | -2,793 |
| Lease liabilities | -2,151 | -1,189 |
| Net cash used in operating activities | 11,387 | -12,742 |
| Proceeds from maturities of available-for-sale investments | 0 | 0 |
| Capital expenditures on internally-developed software | 1,049 | 4,626 |
| Purchase of property and equipment | -48 | 48 |
| Net cash used in investing activities | -1,001 | -4,674 |
| Repayment of financing obligations | 2,518 | 8,355 |
| Proceeds from issuance of senior secured notes, net of issuance costs of 5,246 and 0 for the nine months ended september30, 2025 and 2024, respectively | -5,246 | 10,000 |
| Investment from non-controlling interests, net | 0 | 37 |
| Net cash used in financing activities | -7,764 | 1,682 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -291 | 225 |
| Net decrease in cash, cash equivalents and restricted cash | 2,331 | -15,509 |
| Cash and cash equivalents at beginning of period | 58,085 | - |
| Cash and cash equivalents at end of period | 44,907 | - |
STEM, INC. (STEM)
STEM, INC. (STEM)