Plug Power Files Q1 2025 10-Q
Ticker: PLUG · Form: 10-Q · Filed: 2025-05-12T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, plug-power
TL;DR
**PLUG Q1 2025 10-Q FILED: Financials and operational details released.**
AI Summary
Plug Power Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the company, which is involved in electrical industrial apparatus. Key financial metrics and disclosures are provided for investors and stakeholders.
Why It Matters
This filing provides crucial financial and operational insights into Plug Power's performance in early 2025, impacting investor decisions and market perception.
Risk Assessment
Risk Level: medium — Plug Power operates in a capital-intensive and rapidly evolving industry, facing significant market and execution risks.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 20250512 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- PLUG POWER INC (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 0001093691 (company) — Central Index Key for Plug Power Inc.
- 3620 (industry_code) — Standard Industrial Classification for Electrical Industrial Apparatus
FAQ
What is the primary business of Plug Power Inc. according to the filing?
Plug Power Inc. is classified under Standard Industrial Classification code 3620, which pertains to Electrical Industrial Apparatus.
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is March 31, 2025 (20250331).
When was this 10-Q filing submitted to the SEC?
The filing was submitted on May 12, 2025 (20250512).
What is the company's state of incorporation?
The company is incorporated in Delaware (DE).
What are some of the key inputs mentioned in relation to Prefunded Warrants?
The filing mentions inputs such as Share Price, Risk-Free Interest Rate, Price Volatility, Expected Term, and Exercise Price for Prefunded Warrants.
From the Filing
0001558370-25-007412.txt : 20250512 0001558370-25-007412.hdr.sgml : 20250512 20250512165117 ACCESSION NUMBER: 0001558370-25-007412 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 107 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250512 DATE AS OF CHANGE: 20250512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLUG POWER INC CENTRAL INDEX KEY: 0001093691 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing EIN: 223672377 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34392 FILM NUMBER: 25935698 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-Q 1 plug-20250331x10q.htm 10-Q PLUG POWER INC_MARCH 31, 2025 945767987 641256134 0001093691 --12-31 2025 Q1 false NY 0.21 0.46 P5D http://www.plugpoweinc.com/20250331#ValuationTechniqueScenarioBasedMethodMember http://www.plugpoweinc.com/20250331#ValuationTechniqueScenarioBasedMethodMember http://fasb.org/us-gaap/2024#BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax P5D 0001093691 plug:PrefundedWarrantsMember us-gaap:MeasurementInputSharePriceMember 2025-03-31 0001093691 plug:PrefundedWarrantsMember us-gaap:MeasurementInputRiskFreeInterestRateMember 2025-03-31 0001093691 plug:PrefundedWarrantsMember us-gaap:MeasurementInputPriceVolatilityMember 2025-03-31 0001093691 plug:PrefundedWarrantsMember us-gaap:MeasurementInputExpectedTermMember 2025-03-31 0001093691 plug:PrefundedWarrantsMember us-gaap:MeasurementInputExercisePriceMember 2025-03-31 0001093691 plug:CommonWarrantsMember us-gaap:MeasurementInputSharePriceMember 2025-03-31 0001093691 plug:CommonWarrantsMember us-gaap:MeasurementInputRiskFreeInterestRateMember 2025-03-31 0001093691 plug:CommonWarrantsMember us-gaap:MeasurementInputPriceVolatilityMember 2025-03-31 0001093691 plug:CommonWarrantsMember us-gaap:MeasurementInputExpectedTermMember 2025-03-31 0001093691 plug:CommonWarrantsMember us-gaap:MeasurementInputExercisePriceMember 2025-03-31 0001093691 plug:PrefundedWarrantsMember plug:March2025OfferingMember 2025-03-31 0001093691 plug:CommonWarrantsMember plug:March2025OfferingMember 2025-03-31 0001093691 plug:PlugPowerLaJvLlcMember plug:HidrogeniiMember 2025-01-01 2025-03-31 0001093691 plug:NilocoHydrogenHoldingsLlcMember plug:HidrogeniiMember 2025-01-01 2025-03-31 0001093691 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001093691 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001093691 plug:March2025OfferingMember 2025-01-01 2025-03-31 0001093691 plug:March2025OfferingMember 2025-03-19 2025-03-19 0001093691 us-gaap:TreasuryStockCommonMember 2025-03-31 0001093691 us-gaap:RetainedEarningsMember 2025-03-31 0001093691 us-gaap:ParentMember 2025-03-31 0001093691 us-gaap:NoncontrollingInterestMember 2025-03-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2025-03-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 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 2024-03-31 0001093691 us-gaap:RetainedEarningsMember 2024-03-31 0001093691 us-gaap:ParentMember 2024-03-31 0001093691 us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember 2024-03-31 0001093691 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001093691 us-gaap:TreasuryStockCommonMem