Complete Solaria Inc. (CSLR) Financial Statements (2025 and earlier)

Company Profile

Business Address C/O MAPLES CORPORATE SERVICES LIMITED
GRAND CAYMAN, KY1-1104
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,8001,8002,6001,700250250
Cash and cash equivalents1,8391,7862,5931,661250250
Other undisclosed cash, cash equivalents, and short-term investments (39)14739  
Receivables13,00320,93926,28126,003  
Inventory, net of allowances, customer advances and progress billings2,0332,7733,05812,503  
Inventory2,0332,7733,05812,503  
Prepaid expense9386781,6329,947  
Derivative instruments and hedges, assets      
Other undisclosed current assets6,2415,0844,178(39)(247)(202)
Total current assets:24,01531,27437,74950,114348
Noncurrent Assets
Operating lease, right-of-use asset8851,0541,2351,465  
Property, plant and equipment4,4564,4954,3174,185  
Asset, held-in-trust     118,380116,572
Restricted cash and investments3,8383,8293,823   
Other noncurrent assets198198198198  
Other undisclosed noncurrent assets    16,057  
Total noncurrent assets:9,3779,5769,57321,905118,380116,572
TOTAL ASSETS:33,39240,85047,32272,019118,383116,619
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:33,68027,41231,19314,5716,9995,832
Accounts payable10,99510,52113,122   
Accrued liabilities22,68516,89118,0718,253  
Other undisclosed accounts payable and accrued liabilities    6,3186,9995,832
Deferred revenue1,2482,0102,4232,421  
Debt 67,500061,95757,1283,4892,774
Derivative instruments and hedges, liabilities 6,6539,4093,8316,586  
Other undisclosed current liabilities4,17678,2079,77926,674  
Total current liabilities:113,257117,038109,183107,38010,4888,607
Noncurrent Liabilities
Long-term debt and lease obligation   3,416  
Long-term debt, excluding current maturities      
Finance lease, liability    3,416  
Liabilities, other than long-term debt8,3328,4308,5511,7663,0193,019
Accounts payable and accrued liabilities3,4163,4163,416   
Deferred revenue1,0551,0551,055976  
Deferred compensation liability, classified     3,0193,019
Other liabilities 3,4163,4163,416   
Operating lease, liability445543664790  
Derivative instruments and hedges, liabilities      
Other undisclosed noncurrent liabilities3,7764616,40110,2406,2853,747
Total noncurrent liabilities:12,1088,89114,95215,4229,3046,766
Total liabilities:125,365125,929124,135122,80219,79215,373
Temporary equity, carrying amount     118,380116,572
Equity
Equity, attributable to parent, including:(91,973)(85,079)(76,813)(50,783)(19,789)(15,325)
Common stock13777  
Additional paid in capital288,259279,332277,965276,4382442,052
Accumulated other comprehensive income1659814351  
Accumulated deficit(380,410)(364,516)(354,928)(327,279)(20,034)(17,378)
Other undisclosed equity, attributable to parent     11
Total equity:(91,973)(85,079)(76,813)(50,783)(19,789)(15,325)
TOTAL LIABILITIES AND EQUITY:33,39240,85047,32272,019118,383116,619

Income Statement (P&L) ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues4,49210,04020,72924,590  
Loss on disposition of assets for financial service operations      
Other income 2,400 (12,000)   
Cost of revenue(5,384)(7,757)(18,040)(18,354)  
Gross profit:(892)2,2832,6896,236  
Operating expenses(8,602)(9,827)(18,744)(17,314)(1,511)(1,620)
Operating loss:(9,494)(7,544)(16,055)(11,078)(1,511)(1,620)
Nonoperating income (expense)(4,383)(2,043)(15,583)(37,994)(1,144)1,790
Other nonoperating income (expense)(2,069)1,519 (38,003)  
Interest and debt expense(2,324) (5,163)(1,902)  
Income (loss) from continuing operations before equity method investments, income taxes:(16,201)(9,587)(36,801)(50,974)(2,655)170
Other undisclosed income (loss) from continuing operations before income taxes2,324 14,033   
Income (loss) from continuing operations before income taxes:(13,877)(9,587)(22,768)(50,974)(2,655)170
Income tax expense (benefit) (10)(1)191  
Income (loss) from continuing operations:(13,887)(9,588)(22,749)(50,973)(2,655)170
Income (loss) from discontinued operations (2,007) 142,605(155,909)  
Net income (loss):(15,894)(9,588)119,856(206,882)(2,655)170
Other undisclosed net loss attributable to parent   (147,505)   
Net income (loss) available to common stockholders, diluted:(15,894)(9,588)(27,649)(206,882)(2,655)170

Comprehensive Income ($ in thousands)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income (loss):(15,894)(9,588)119,856(206,882)(2,655)170
Other comprehensive income (loss) (67)45    
Other undisclosed comprehensive loss   (116)   
Comprehensive income (loss):(15,961)(9,543)119,740(206,882)(2,655)170
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 134(90)(147,297)10  
Comprehensive income (loss), net of tax, attributable to parent:(15,827)(9,633)(27,557)(206,872)(2,655)170

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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