Capstone Green Energy Files Q3 2025 10-Q
Ticker: CGEH · Form: 10-Q · Filed: Feb 14, 2025 · CIK: 1009759
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
**Capstone Green Energy (CGEH) filed its Q3 2025 10-Q, showing updated financials.**
AI Summary
Capstone Green Energy Holdings, Inc. filed its 10-Q for the period ending December 31, 2024. The filing details financial performance and operational updates for the third quarter of fiscal year 2025. Key financial figures and changes in equity accounts like Retained Earnings and Additional Paid-In Capital are reported.
Why It Matters
This filing provides investors with an update on Capstone Green Energy's financial health and operational performance, crucial for understanding the company's trajectory in the green energy sector.
Risk Assessment
Risk Level: medium — The filing is a standard quarterly report, but the company operates in a volatile sector with significant capital requirements.
Key Numbers
- 2024-12-31 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is provided.)
- 2025-02-14 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
Key Players & Entities
- Capstone Green Energy Holdings, Inc. (company) — Filer of the 10-Q
- 20241231 (date) — End of the reporting period
- 20250214 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended December 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on February 14, 2025.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001009759.
What is the Standard Industrial Classification (SIC) code for Capstone Green Energy Holdings, Inc.?
The Standard Industrial Classification (SIC) code is 3510, which corresponds to ENGINES & TURBINES.
What are some of the financial accounts mentioned in the filing data?
The filing data mentions accounts such as us-gaap:RetainedEarningsMember and us-gaap:AdditionalPaidInCapitalMember for various dates within 2024.
Filing Stats: 4,504 words · 18 min read · ~15 pages · Grade level 16.9 · Accepted 2025-02-13 18:39:50
Key Financial Figures
- $0.001 — hares of voting common stock, par value $0.001 per share, and 508,475 shares of non-vo
Filing Documents
- cgeh-20241231x10q.htm (10-Q) — 1708KB
- cgeh-20241231xex31d1.htm (EX-31.1) — 16KB
- cgeh-20241231xex31d2.htm (EX-31.2) — 16KB
- cgeh-20241231xex32.htm (EX-32) — 16KB
- 0001558370-25-000958.txt ( ) — 7534KB
- cgeh-20241231.xsd (EX-101.SCH) — 63KB
- cgeh-20241231_cal.xml (EX-101.CAL) — 70KB
- cgeh-20241231_def.xml (EX-101.DEF) — 227KB
- cgeh-20241231_lab.xml (EX-101.LAB) — 519KB
- cgeh-20241231_pre.xml (EX-101.PRE) — 345KB
- cgeh-20241231x10q_htm.xml (XML) — 1194KB
— FINANCIAL INFORMATION
PART I — FINANCIAL INFORMATION Item 1.
Financial Statements (Unaudited)
Financial Statements (Unaudited) 3 Condensed Consolidated Balance Sheets as of December 31, 2024 and March 31, 2024 3 Condensed Consolidated Statements of Operations for the Three and Nine Months Ended December 31, 2024 and 202 3 4 Condensed Consolidated Statements of Changes in Temporary Equity and Stockholders' Deficiency for the Three and Nine Months December 31, 2024 and 202 3 5 Condensed Consolidated Statements of Cash Flows for the Nine Months Ended December 31, 2024 and 2023 6 Notes to Condensed Consolidated Financial Statements 7 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 24 Item 3.
Quantitative and Qualitative Disclosures about Market Risk
Quantitative and Qualitative Disclosures about Market Risk 34 Item 4.
Controls and Procedures
Controls and Procedures 34
— OTHER INFORMATION
PART II — OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 36 Item 1A.
Risk Factors
Risk Factors 36 Item 5. Other Information 36 Item 6. Exhibits 37
Signatures
Signatures 2 Table of Contents
— FINANCIAL INFORMATIO N
PART I — FINANCIAL INFORMATIO N
Financial Statement s
Item 1. Financial Statement s CAPSTONE GREEN ENERGY HOLDINGS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEET S (In thousands, except share amounts) (Unaudited) December 31, March 31 , 2024 2024 Assets Current Assets: Cash $ 3,314 $ 2,085 Accounts receivable, net as of allowances of $ 535 at December 31, 2024 and $ 3,287 as of March 31, 2024 11,426 6,552 Inventories 19,413 20,642 Prepaid expenses and other current assets 3,805 5,449 Total current assets 37,958 34,728 Property, plant, equipment and rental assets, net 21,058 25,854 Finance lease right-of-use assets 3,938 4,391 Operating lease right-of-use assets 9,321 12,279 Non-current portion of inventories 3,295 3,917 Other assets 2,791 3,037 Total assets $ 78,361 $ 84,206 Liabilities, Temporary Equity and Stockholders' Deficiency Current Liabilities: Accounts payable and accrued expenses $ 17,603 $ 18,212 Accrued salaries and wages 1,053 1,220 Accrued warranty reserve 1,080 1,437 Deferred revenue, current 15,332 11,183 Finance lease liability, current 595 964 Operating lease liability, current 3,775 4,041 Factory protection plan liability 6,298 7,259 Exit new money notes, net of discount, current 7,845 28,911 Total current liabilities 53,581 73,227 Deferred revenue, non-current 609 675 Finance lease liability, non-current 1,933 2,300 Operating lease liability, non-current 5,806 8,527 Exit new money notes, net of discount, non-current 23,851 — Other non-current liabilities 264 264 Total liabilities 86,044 84,993 Commitments and contingencies (Note 13) Temporary equity: Redeemable noncontrolling interests 13,859 13,859 Stockholders' deficiency: Preferred stock, $ .001 par value; 1,000,000 shares authorized, and none issued — — Common stock, $ .001 par value; 59,400,000 shares authorized, 18,540,789 shares issued and outstanding at D