SPI Energy Co., Ltd. (SPIEF) Financial Statements (2026 and earlier)

Company Profile

Business Address 4803 URBANI AVE.
MCCLELLAN PARK, CA 95652
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)
Annual | Quarterly

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,5339,765183,8941,03117,823
Cash and cash equivalent3,5339,765156,5401,03117,823
Short-term investments   27,354  
Restricted cash and investments   337  
Receivables23,99124,68722,65414,71043,807
Inventory, net of allowances, customer advances and progress billings28,98723,2426,975231,618
Inventory28,98723,2426,975231,618
Prepaid expense 2,4685,166  ✕
Asset, held-for-sale, not part of disposal group10,6348,946✕✕✕
Deposits current assets 3,8652,506497  
Prepaid expense and other current assets✕✕✕✕✕4,267
Costs in excess of billings✕✕✕73,742  
Other undisclosed current assets8,4789,75593,2158,36373,499
Total current assets:81,95684,067381,31424,127141,014
Noncurrent Assets
Operating lease, right-of-use asset14,15213,923✕✕✕
Nontrade receivables234268 ✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization41,55635,750106,43811,75218,754
Long-term investments and receivables69,60669,60611,10133,553 
Long-term investments69,60669,606 7,536 
Accounts and financing receivable, after allowance for credit loss   11,10126,017 
Intangible asset, including goodwill, after accumulated amortization7,4838,32966,6051,1321,703
Goodwill4,8964,89666,045  
Intangible asset, excluding goodwill, after accumulated amortization2,5873,4335601,1321,703
Restricted cash and investments 711 160400400
Deferred income tax assets479168✕✕✕
Prepaid expense and other noncurrent assets✕✕✕✕✕958
Other undisclosed noncurrent assets14,91815,96922,289  
Total noncurrent assets:149,139144,013206,59346,83721,815
TOTAL ASSETS:231,095228,080587,90770,964162,829
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities46,37735,70691,7144,66022,413
Taxes payable✕✕ 3,648 69
Accounts payable30,40525,61276,7783,91915,709
Accrued liabilities15,97210,09411,2887416,635
Deferred revenue8,6344,924✕✕✕
Debt10,0649,12048,2864,25028,601
Derivative instruments and hedges, liabilities   11  
Other liabilities   33,7625411,841
Deferred revenue and credits✕✕✕  244
Billings in excess of cost✕✕✕ 8624,935
Due to related parties✕ 10,60334,150  
Customer advances and deposits✕✕✕17,690✕✕
Other undisclosed current liabilities124,622113,48526,69650,36660,576
Total current liabilities:189,697173,838252,30960,679118,610
Noncurrent Liabilities
Long-term debt and lease obligation, including:6,59725,32210,09211,73018,760
Long-term debt, excluding current maturities6,59712,80032,575  
Capital lease obligations✕✕✕  5,848
Other undisclosed long-term debt and lease obligation   (22,483)11,73012,912
Liabilities, other than long-term debt16,9292,97032,4311,4221,337
Accounts payable and accrued liabilities   1,608  
Deferred tax liabilities, net✕✕✕3,680  
Deferred income tax liabilities2,6732,970✕✕✕
Other liabilities   27,1431,4221,337
Operating lease, liability14,25612,522✕✕✕
Other undisclosed noncurrent liabilities   30,967  
Total noncurrent liabilities:23,52628,29273,49013,15220,097
Total liabilities:213,223202,130325,79973,831138,707
Equity
Equity, attributable to parent12,19222,429262,051(2,887)24,102
Common stock33   
Additional paid in capital719,697695,073327,57353,37648,219
Accumulated other comprehensive loss(36,697)(35,257)(4,252)(189)(287)
Accumulated deficit(670,811)(637,390)(61,270)(56,074)(23,830)
Equity, attributable to noncontrolling interest5,6803,521   
Other undisclosed equity   572020
Total equity:17,87225,950262,108(2,867)24,122
TOTAL LIABILITIES AND EQUITY:231,095228,080587,90770,964162,829

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2014
12/31/2013
12/31/2012
Revenues177,518161,99391,64242,62999,956
Revenue, net✕✕✕91,64242,62999,956
Cost of revenue(163,033)(151,373)(81,540)(45,398)(91,362)
Cost of product and service sold(148)(983)(79,485)(45,398)(91,362)
Other undisclosed gross profit   2,055  
Gross profit:14,48510,62012,157(2,769)8,594
Operating expenses(43,117)(52,096)(7,644)(28,845)(32,382)
Operating income (loss):(28,632)(41,476)4,513(31,614)(23,788)
Nonoperating income (expense)(3,099)(1,904)(6,669)183(1,720)
Investment income, nonoperating   1,2121,6552,527
Gain (loss), foreign currency transaction, before tax2,5642,694   
Other nonoperating income (expense)(746)4722,313(688)(182)
Interest and debt expense(1,256)(1,214)(11,166)261(4,065)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   11,166(261)4,065
Loss from continuing operations before equity method investments, income taxes:(32,987)(44,594)(2,156)(31,431)(25,508)
Other undisclosed income from continuing operations before income taxes1,2561,214   
Loss from continuing operations before income taxes:(31,731)(43,380)(2,156)(31,431)(25,508)
Income tax expense (benefit)(1,992)(1,454)(3,040)(813)80
Other undisclosed income from continuing operations67,446    
Income (loss) from continuing operations:33,723(44,834)(5,196)(32,244)(25,428)
Loss before gain (loss) on sale of properties:✕✕(44,834)(5,196)(32,244)(25,428)
Loss from discontinued operations     
Other undisclosed net loss(67,446)    
Net loss:(33,723)(44,834)(5,196)(32,244)(25,428)
Net income (loss) attributable to noncontrolling interest302(657)   
Other undisclosed net loss attributable to parent(302)    
Net loss attributable to parent:(33,723)(45,491)(5,196)(32,244)(25,428)
Other undisclosed net income available to common stockholders, basic302    
Net loss available to common stockholders, diluted:(33,421)(45,491)(5,196)(32,244)(25,428)

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2014
12/31/2013
12/31/2012
Net loss:(33,723)(44,834)(5,196)(32,244)(25,428)
Other comprehensive income (loss)   (4,063)98(110)
Other undisclosed comprehensive income (loss)(2,134)(2,575)   
Comprehensive loss:(35,857)(47,409)(9,259)(32,146)(25,538)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest996(392)   
Comprehensive loss, net of tax, attributable to parent:(34,861)(47,801)(9,259)(32,146)(25,538)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: