Plug Power Files 2024 10-K

Ticker: PLUG · Form: 10-K · Filed: 2025-03-03T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

Plug Power dropped its 2024 10-K. Check financials.

AI Summary

Plug Power Inc. filed its 2024 10-K on March 3, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The filing details the company's operations in electrical industrial apparatus and includes information on its business address in Slingerlands, NY. Specific financial figures and operational details are available within the comprehensive report.

Why It Matters

This filing provides investors and stakeholders with a detailed overview of Plug Power's financial health and operational status for the past fiscal year, crucial for understanding the company's performance and future prospects.

Risk Assessment

Risk Level: medium — 10-K filings often contain significant financial and operational details that can reveal risks, and Plug Power operates in a volatile industry.

Key Players & Entities

FAQ

What is Plug Power Inc.'s Central Index Key (CIK)?

Plug Power Inc.'s Central Index Key is 0001093691.

What is the IRS number for Plug Power Inc.?

The IRS number for Plug Power Inc. is 223672377.

In which state was Plug Power Inc. incorporated?

Plug Power Inc. was incorporated in DE (Delaware).

What is Plug Power Inc.'s business address?

Plug Power Inc.'s business address is 125 VISTA BOULEVARD, SLINGERLANDS, NY 12159.

When is the fiscal year end for Plug Power Inc.?

Plug Power Inc.'s fiscal year ends on 1231 (December 31).

From the Filing

0001558370-25-002049.txt : 20250303 0001558370-25-002049.hdr.sgml : 20250303 20250303164802 ACCESSION NUMBER: 0001558370-25-002049 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 176 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250303 DATE AS OF CHANGE: 20250303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLUG POWER INC CENTRAL INDEX KEY: 0001093691 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 223672377 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34392 FILM NUMBER: 25698841 BUSINESS ADDRESS: STREET 1: 125 VISTA BOULEVARD CITY: SLINGERLANDS STATE: NY ZIP: 12159 BUSINESS PHONE: 5187827700 MAIL ADDRESS: STREET 1: 125 VISTA BOULEVARD CITY: SLINGERLANDS STATE: NY ZIP: 12159 10-K 1 plug-20241231x10k.htm 10-K Plug Power Inc_December 31, 2024 0001093691 --12-31 2024 FY false P1Y P1Y 0 0 http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense http://fasb.org/us-gaap/2024#ResearchAndDevelopmentExpense NY P5Y P10Y P10Y P4Y P10Y P10Y P2Y P1Y http://www.plugpoweinc.com/20241231#ValuationTechniqueScenarioBasedMethodMember http://www.plugpoweinc.com/20241231#ValuationTechniqueScenarioBasedMethodMember http://fasb.org/us-gaap/2024#BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset http://www.plugpoweinc.com/20241231#ImpairmentOfOtherCurrentAssetsAndLongLivedAsset P1Y 1.0275 P1D P3D P5D P5D P5D P1D P3D P1Y P1Y P5Y P5Y P5Y 0.33 P30D P3Y 0.33 P3Y P7Y P1Y 1 P4Y http://fasb.org/us-gaap/2024#OtherAssets 0001093691 plug:PlugPowerLaJvLlcMember plug:HidrogeniiMember 2024-01-01 2024-12-31 0001093691 plug:NilocoHydrogenHoldingsLlcMember plug:HidrogeniiMember 2024-01-01 2024-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2024-12-31 0001093691 us-gaap:RetainedEarningsMember 2024-12-31 0001093691 us-gaap:ParentMember 2024-12-31 0001093691 us-gaap:NoncontrollingInterestMember 2024-12-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2024-12-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2023-12-31 0001093691 us-gaap:RetainedEarningsMember 2023-12-31 0001093691 us-gaap:ParentMember 2023-12-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2023-12-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2022-12-31 0001093691 us-gaap:RetainedEarningsMember 2022-12-31 0001093691 us-gaap:ParentMember 2022-12-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2022-12-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001093691 us-gaap:TreasuryStockCommonMember 2021-12-31 0001093691 us-gaap:RetainedEarningsMember 2021-12-31 0001093691 us-gaap:ParentMember 2021-12-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2021-12-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001093691 plug:AtMarketIssuanceSalesAgreementMember 2024-12-31 0001093691 plug:PublicOfferingsMember 2024-07-22 0001093691 srt:MinimumMember plug:StockOptionsVestingBasedOnMa

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