← AMERICAN SUPERCONDUCTOR CORP /DE/
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($27.4m) |
($32.8m)
-19.74%
|
$26.8m
+181.65%
|
($17.1m)
-163.88%
|
($22.7m)
-32.65%
|
($19.2m)
+15.37%
|
($35.0m)
-82.57%
|
($11.1m)
+68.29%
|
$6.0m
+154.30%
|
$133.8m
+2117.95%
|
— | |
| Depreciation and amortization | $7.5m | $11.5m | $4.6m | $4.3m | $5.4m | $5.3m | $5.4m | $4.5m | $5.6m | $7.4m | $9.9m | |
| Amortization of operating lease right-of-use assets | — | — | — | — | — | — | — | $321k | $976k | $1.1m | — | |
| Deferred income taxes | — | — | $735k | ($1.7m) | ($1.2m) | ($2.4m) | $24k | $65k | ($4.3m) | ($118.7m) | ($119.0m) | |
| Stock-based compensation expense | $2.9m | $2.7m | $3.0m | $1.9m | $3.5m | $4.7m | $4.7m | $4.7m | $7.8m | $15.9m | $16.6m | |
| Earnings (loss) from equity method investments | — | — | — | — | — | — | — | $0 | $132k | ($220k) | — | |
| Accounts receivable | $11.1m | $1.1m | ($529k) | ($9.2m) | $5.2m | ($3.8m) | ($10.4m) | $4.3m | ($3.2m) | ($16.3m) | ($18.9m) | |
| Provision for excess and obsolete inventory | $1.6m | $434k | $878k | $1.3m | $1.8m | $1.9m | $1.5m | $2.0m | $1.5m | $3.5m | — | |
| Inventory | ($815k) | ($2.4m) | $5.0m | ($8.1m) | $8.1m | ($3.3m) | ($14.8m) | ($6.8m) | ($7.7m) | ($7.0m) | ($968k) | |
| Accounts payable and accrued expenses | ($7.9m) | ($3.0m) | $2.8m | $5.9m | ($5.0m) | $4.7m | $8.7m | ($13.8m) | $3.2m | $7.1m | $7.1m | |
| Deferred revenue | $1.4m | ($1.9m) | ($2.8m) | $10.8m | ($8.1m) | ($933k) | $20.9m | $7.1m | $13.2m | ($6.9m) | — | |
| Prepaid expenses and other current assets | $2.7m | $558k | ($365k) | $373k | $823k | ($420k) | ($5.8m) | $6.3m | $543k | ($598k) | — | |
| Change in other assets | $63k | ($15k) | ($144k) | $8k | $81k | $65k | ($281k) | ($27k) | $64k | ($98k) | — | |
| Net cash provided by operating activities | ($11.2m) |
($24.8m)
-121.37%
|
$42.7m
+272.05%
|
($16.5m)
-138.62%
|
($8.7m)
+47.38%
|
($19.0m)
-118.60%
|
($22.5m)
-18.49%
|
$2.1m
+109.51%
|
$28.3m
+1222.97%
|
$23.1m
-18.16%
|
$35.0m
+51.36%
|
|
| Purchases of property, plant and equipment | ($656k) | ($2.5m) | ($952k) | ($3.6m) | ($1.8m) | ($938k) | ($1.2m) | ($934k) | ($2.4m) | ($4.9m) | — | |
| Net cash used in investing activities | $192k | $16.4m | $2.2m | ($36.6m) | $2.5m | ($7.2m) | ($1.5m) | ($961k) | ($35.2m) | ($77.1m) | ($86.8m) | |
| Repayment of debt | ($3.2m) | ($1.6m) | — | — | $0 | ($53k) | ($73k) | ($65k) | ($25k) | ($8.8m) | ($9k) | |
| Cash paid related to registration of common stock shares | — | — | — | — | — | — | — | $0 | ($148k) | $0 | — | |
| Issuance of common stock | — | — | — | $294k | $12.4m | $4.4m | $0 | $3.1m | $31.4m | $79.7m | ($76k) | |
| Net cash provided by financing activities | ($1.1m) |
$15.3m
+1452.04%
|
($299k)
-101.96%
|
$5.8m
+2031.77%
|
$50.8m
+779.99%
|
$142k
-99.72%
|
$162k
+14.08%
|
$65.4m
+40295.68%
|
$8k
-99.99%
|
$116.1m
+1450925.00%
|
($8.5m)
-107.32%
|
|
| Net (decrease) increase in cash, cash equivalents and restricted cash | — | $6.5m | $43.9m | ($47.3m) | $44.7m | ($26.1m) | ($23.8m) | $66.6m | ($6.9m) | $62.2m | — | |
| Cash, cash equivalents and restricted cash at beginning of year | — | $27.7m | $34.2m | $78.2m | $75.5m | $49.5m | $25.7m | $92.3m | $85.4m | $147.6m | — | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | — | $452k | ($635k) | $8k | $59k | ($55k) | $29k | ($13k) | $14k | $24k | ($11k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Change in fair value | — | — | — | — | — | — | — | $4.9m | $6.7m | $4.2m | — | |
| Other non-cash items | ($940k) | $793k | ($117k) | $329k | $272k | $525k | $600k | $44k | ($587k) | $316k | — | |
| Unrealized foreign exchange gain on cash and cash equivalents | — | — | — | ($319k) | $363k | ($186k) | ($226k) | ($2k) | ($41k) | ($2k) | — | |
| Operating leases | — | — | — | — | — | — | — | ($327k) | ($1.6m) | ($503k) | — | |
| Cash paid to settle NWL contingent consideration liability | — | — | — | — | — | — | — | $0 | ($3.3m) | $0 | — | |
| Cash paid for acquisition, net of cash acquired | $0 | $74k | — | — | — | — | — | $0 | ($29.6m) | ($72.1m) | — | |
| Repurchase of treasury stock | — | — | — | — | ($927k) | ($46k) | $0 | $0 | ($126k) | $0 | — | |
| Proceeds from public equity offering, net of offering expenses | — | — | — | — | — | — | $0 | $65.2m | $0 | $124.5m | — | |
| Proceeds from exercise of employee stock options and ESPP | $0 | $175k | $157k | $202k | $278k | $241k | $235k | $279k | $307k | $391k | — | |
| Cash paid for income taxes, net of refunds | $992k | $1.6m | $2.9m | $3.7m | $594k | $531k | $350k | $286k | $312k | $706k | — | |
| Right-of-use assets obtained in exchange for new lease obligations | — | — | — | — | — | — | — | $680k | $2.2m | $1.1m | — |