Quantum Fuel Systems Technologies Worldwide Inc (QTWW) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
25242 ARCTIC OCEAN DRIVE LAKE FOREST, CA 92630 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 4,104 | 6,254 | 1,436 | |||
| Cash and cash equivalents | 4,104 | 6,254 | 1,436 | |||
| Restricted cash and investments | 1,500 | |||||
| Receivables | 12,132 | 8,968 | 4,388 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,873 | 5,012 | 2,387 | |||
| Inventory | 8,873 | 5,012 | 2,387 | |||
| Disposal group, including discontinued operation | 1,050 | 1,325 | 1,703 | |||
| Prepaid expense and other current assets | ✕ | ✕ | 1,630 | 1,938 | ||
| Other undisclosed current assets | (744) | (549) | (888) | |||
| Total current assets: | 26,915 | 22,639 | 10,963 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 9,762 | 5,092 | 3,210 | |||
| Long-term investments and receivables | 6 | |||||
| Long-term investments | 6 | |||||
| Intangible assets, net (including goodwill) | 12,400 | 12,400 | 12,400 | |||
| Goodwill | 12,400 | 12,400 | 12,400 | |||
| Disposal group, including discontinued operation, noncurrent assets | 22,112 | ✕ | ✕ | |||
| Assets of disposal group, including discontinued operation | ✕ | ✕ | 25,034 | 32,523 | ||
| Other undisclosed noncurrent assets | 487 | 839 | 2,159 | |||
| Total noncurrent assets: | 44,762 | 43,365 | 50,298 | |||
| TOTAL ASSETS: | 71,677 | 66,005 | 61,261 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 11,188 | 8,733 | 5,298 | |||
| Employee-related liabilities | 1,263 | 1,154 | 739 | |||
| Accounts payable | 9,313 | 7,179 | 4,194 | |||
| Accrued liabilities | 612 | 399 | 365 | |||
| Debt | (5,177) | (3,947) | 9,579 | |||
| Derivative instruments and hedges, liabilities | 7 | 2,415 | 600 | |||
| Disposal group, including discontinued operation | 1,550 | 1,894 | 3,511 | |||
| Deferred revenue and credits | 2,991 | 2,224 | 997 | |||
| Other undisclosed current liabilities | 11,365 | 8,390 | 1,175 | |||
| Total current liabilities: | 21,924 | 19,710 | 21,159 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 12,230 | 11,741 | 12,061 | |||
| Long-term debt, excluding current maturities | 7,053 | 7,794 | 2,482 | |||
| Capital lease obligations | 1,576 | 2,449 | ||||
| Other undisclosed long-term debt and lease obligation | 5,177 | 2,370 | 7,130 | |||
| Liabilities, other than long-term debt | 19,094 | 21,521 | 23,398 | |||
| Disposal group, including discontinued operation, liabilities | 19,094 | 21,521 | 23,398 | |||
| Other undisclosed noncurrent liabilities | (5,177) | (3,947) | (9,579) | |||
| Total noncurrent liabilities: | 26,148 | 29,315 | 25,880 | |||
| Total liabilities: | 48,072 | 49,025 | 47,039 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 23,605 | 16,980 | 14,223 | |||
| Common stock | 466 | |||||
| Additional paid in capital | 514,065 | 492,360 | 465,646 | |||
| Accumulated other comprehensive loss | (245) | (333) | ||||
| Accumulated deficit | (490,426) | (475,503) | (452,458) | |||
| Other undisclosed equity, attributable to parent | (255) | 455 | 1,035 | |||
| Total equity: | 23,605 | 16,980 | 14,223 | |||
| TOTAL LIABILITIES AND EQUITY: | 71,677 | 66,005 | 61,261 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 34,103 | 31,904 | 22,712 | ||
| Revenue, net | 22,712 | ||||
| Cost of revenue | (28,964) | (21,558) | |||
| Gross profit: | 5,139 | 10,346 | 22,712 | ||
| Operating expenses | (17,754) | (22,152) | (25,468) | ||
| Other undisclosed operating income (loss) | (100) | 5,070 | (11,662) | ||
| Operating loss: | (12,716) | (6,737) | (14,419) | ||
| Nonoperating income (expense) | 283 | (8,398) | 398 | ||
| Investment income, nonoperating | 2,019 | (8,421) | 372 | ||
| Other nonoperating income (expense) | (1,736) | 23 | 26 | ||
| Interest and debt expense | (2) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (12,433) | (15,137) | (14,020) | ||
| Loss from equity method investments | (6) | (771) | |||
| Other undisclosed loss from continuing operations before income taxes | (2,051) | (4,875) | (10,389) | ||
| Loss from continuing operations before income taxes: | (14,484) | (20,018) | (25,181) | ||
| Income tax expense | (2) | (2) | (4) | ||
| Loss from continuing operations: | (14,486) | (20,020) | (25,185) | ||
| Loss before gain (loss) on sale of properties: | (14,924) | (23,045) | (30,914) | ||
| Loss from discontinued operations | (438) | (3,025) | (5,729) | ||
| Net loss available to common stockholders, diluted: | (14,924) | (23,045) | (30,914) | ||
Comprehensive Income ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (14,924) | (23,045) | (30,914) | ||
| Comprehensive loss: | (14,924) | (23,045) | (30,914) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (245) | (333) | 1,112 | ||
| Comprehensive loss, net of tax, attributable to parent: | (15,168) | (23,377) | (29,802) | ||
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.