secwatch.observer — SEC 8-K summary
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Issuer:     FUELCELL ENERGY INC (FCEL)
CIK:        0000886128
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001558370-22-018807
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FuelCell Energy Q4 revenue $39.2M; FY2022 net loss $147.2M, loss from ops $143.7M
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- Q4 revenues $39.2M (up from $13.9M YoY); gross loss $(15.2M) vs $(8.4M); loss from ops $(42.7M) vs $(22.6M).
- FY2022 total revenues $130.5M (+88% YoY); loss from ops $(143.7M) vs $(64.9M); net loss $(147.2M) vs $(101.0M); Adjusted EBITDA $(91.7M) vs $(40.7M).
- Backlog $1.09B as of Oct 31, 2022 vs $1.288B a year earlier; unrestricted cash $458.1M.
- Extended ExxonMobil joint development agreement through Aug 31, 2023; micro-grid at Groton Navy Base achieved commercial ops.
- Solid oxide electrolysis platform with NuScale for Ukraine hydrogen & ammonia; 250kW solid oxide order from Trinity College.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886128/000155837022018807/0001558370-22-018807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886128/000155837022018807/fcel-20221220x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018807

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer