v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 579,418 $ 690,630
Restricted cash 173,449 158,958
Available-for-sale securities, at fair value (amortized cost of $452,814 and allowance for credit losses of $0 at June 30, 2023 and amortized cost of $1,355,614 and allowance for credit losses of $0 at December 31, 2022 437,651 1,332,943
Equity securities 67,753 134,836
Accounts receivable 216,645 129,450
Inventory 904,288 645,636
Contract assets 98,502 62,456
Prepaid expenses and other current assets 139,537 150,389
Total current assets 2,617,243 3,305,298
Restricted cash 800,458 699,756
Property, plant, and equipment, net 1,061,810 719,793
Right of use assets related to finance leases, net 56,336 53,742
Right of use assets related to operating leases, net 396,448 360,287
Equipment related to power purchase agreements and fuel delivered to customers, net 104,026 89,293
Contract assets 26,083 41,831
Goodwill 249,965 248,607
Intangible assets, net 199,083 207,725
Investments in non-consolidated entities and non-marketable equity securities 63,457 31,250
Other assets 8,368 6,694
Total assets 5,583,277 5,764,276
Current liabilities:    
Accounts payable 220,470 191,895
Accrued expenses 166,315 156,430
Deferred revenue and other contract liabilities 165,114 131,813
Operating lease liabilities 57,953 48,861
Finance lease liabilities 8,901 8,149
Finance obligations 75,321 58,925
Current portion of long-term debt 513 5,142
Contingent consideration, loss accrual for service contracts, and other current liabilities 133,231 34,060
Total current liabilities 827,818 635,275
Deferred revenue and other contract liabilities 86,622 98,085
Operating lease liabilities 290,281 271,504
Finance lease liabilities 37,804 37,988
Finance obligations 301,488 270,315
Convertible senior notes, net 194,584 193,919
Long-term debt 3,677 3,925
Contingent consideration, loss accrual for service contracts, and other liabilities 101,918 193,051
Total liabilities 1,844,192 1,704,062
Stockholders' equity:    
Common stock, $0.01 par value per share; 1,500,000,000 shares authorized; Issued (including shares in treasury): 620,088,507 at June 30, 2023 and 608,421,785 at December 31, 2022 6,201 6,084
Additional paid-in capital 7,409,733 7,297,306
Accumulated other comprehensive loss (13,764) (26,004)
Accumulated deficit (3,563,870) (3,120,911)
Less common stock in treasury: 18,285,263 at June 30, 2023 and 18,076,127 at December 31, 2022 (99,215) (96,261)
Total stockholders' equity 3,739,085 4,060,214
Total liabilities and stockholders' equity $ 5,583,277 $ 5,764,276