Bloom Energy (BE) 10-Q 3 Nov 22 2022 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2022	Nov. 01, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-38598
Entity Registrant Name	BLOOM ENERGY CORP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0565408
Entity Address, Address Line One	4353 North First Street
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95134
City Area Code	408
Local Phone Number	543-1500
Title of 12(b) Security	Class A Common Stock, $0.0001 par value
Trading Symbol	BE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001664703
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		179,378,926
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		15,800,568

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)		Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	[1]	$ 492,120,000	$ 396,035,000
Restricted cash	[1]	42,104,000	92,540,000
Accounts receivable less allowance for doubtful accounts of $119 as of September 30, 2022 and December 31, 2021	[1]	71,184,000	87,789,000
Contract assets		25,768,000	25,201,000
Inventories		254,895,000	143,370,000
Deferred cost of revenue		31,812,000	25,040,000
Customer financing receivable	[1]	0	5,784,000
Prepaid expense and other current assets	[1]	46,489,000	30,661,000
Total current assets		964,372,000	806,420,000
Property, plant and equipment, net	[1]	646,768,000	604,106,000
Operating lease right-of-use assets		114,053,000	106,660,000
Customer financing receivable	[1]	0	39,484,000
Restricted cash	[1]	135,098,000	126,539,000
Deferred cost of revenue		3,462,000	1,289,000
Other long-term assets	[1]	38,316,000	41,073,000
Total assets		1,902,069,000	1,725,571,000
Current liabilities:
Accounts payable		120,444,000	72,967,000
Accrued warranty		13,344,000	11,746,000
Accrued expenses and other current liabilities	[1]	102,010,000	114,138,000
Deferred revenue and customer deposits	[1]	98,841,000	89,975,000
Operating lease liabilities		12,671,000	13,101,000
Financing obligations		16,682,000	14,721,000
Recourse debt		12,792,000	8,348,000
Non-recourse debt	[1]	15,943,000	17,483,000
Total current liabilities		392,727,000	342,479,000
Deferred revenue and customer deposits	[1]	68,727,000	90,310,000
Operating lease liabilities		122,412,000	106,187,000
Financing obligations		443,665,000	461,900,000
Recourse debt		274,742,000	283,483,000
Non-recourse debt	[1]	179,955,000	217,416,000
Other long-term liabilities		8,917,000	16,772,000
Total liabilities		1,491,145,000	1,518,547,000
Commitments and contingencies (Note 13)
Redeemable convertible preferred stock, Series A: 10,000,000 shares authorized and 10,000,000 shares and no shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively.		208,551,000	208,551,000
Redeemable noncontrolling interest		0	300,000
Stockholders’ equity (deficit):
Common stock: $0.0001 par value; Class A shares - 600,000,000 shares authorized and 179,165,539 shares and 160,627,544 shares issued and outstanding and Class B shares - 600,000,000 shares authorized and 15,802,146 shares and 15,832,863 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively.		19,000	18,000
Additional paid-in capital		3,691,715,000	3,219,081,000
Accumulated other comprehensive loss		(1,531,000)	(350,000)
Accumulated deficit		(3,517,311,000)	(3,263,075,000)
Total equity (deficit) attributable to Class A and Class B common stockholders		172,892,000	(44,326,000)
Noncontrolling interest		29,481,000	42,499,000
Total stockholders' equity (deficit)		202,373,000	(1,827,000)
Total liabilities, redeemable convertible preferred stock, redeemable noncontrolling interest and stockholders' equity (deficit)		$ 1,902,069,000	$ 1,725,571,000
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Allowance for doubtful accounts	$ 119	$ 119
Series A preferred
Redeemable convertible preferred stock, authorized (in shares)	10,000,000	10,000,000
Redeemable convertible preferred stock, issued (in shares)	10,000,000	0
Redeemable convertible preferred stock, outstanding (in shares)	10,000,000	0
Class A common stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	600,000,000	600,000,000
Common stock, issued (in shares)	179,165,539	160,627,544
Common stock, outstanding (in shares)	179,165,539	160,627,544
Class B common stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	600,000,000	600,000,000
Common stock, issued (in shares)	15,802,146	15,832,863
Common stock, outstanding (in shares)	15,802,146	15,832,863

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue:
Total revenue	$ 292,274	$ 207,228	$ 736,549	$ 629,705
Cost of revenue:
Total cost of revenue	241,330	170,345	659,638	500,827
Gross profit	50,944	36,883	76,911	128,878
Operating expenses:
Research and development	36,146	27,634	112,286	76,602
Sales and marketing	23,275	20,124	65,084	62,803
General and administrative	44,115	33,014	119,965	90,470
Total operating expenses	103,536	80,772	297,335	229,875
Loss from operations	(52,592)	(43,889)	(220,424)	(100,997)
Interest income	1,109	72	1,364	222
Interest expense	(13,099)	(14,514)	(41,000)	(43,798)
Loss on extinguishment of debt	0	0	(4,233)	0
Other income, net	4,472	2,011	254	1,948
Gain (loss) on revaluation of embedded derivatives	54	(184)	623	(1,644)
Loss before income taxes	(60,056)	(56,504)	(263,416)	(144,269)
Income tax provision	336	158	888	595
Net loss	(60,392)	(56,662)	(264,304)	(144,864)
Less: Net loss attributable to noncontrolling interest	(3,315)	(4,309)	(9,768)	(13,733)
Net loss attributable to Class A and Class B common stockholders	(57,077)	(52,353)	(254,536)	(131,131)
Less: Net (loss) income attributable to redeemable noncontrolling interest	0	17	(300)	(9)
Net loss before portion attributable to redeemable noncontrolling interest and noncontrolling interest	$ (57,077)	$ (52,370)	$ (254,236)	$ (131,122)
Net loss per share available to Class A and Class B common stockholders, basic (in dollars per share)	$ (0.31)	$ (0.30)	$ (1.41)	$ (0.76)
Net loss per share available to Class A and Class B common stockholders, diluted (in dollars per share)	$ (0.31)	$ (0.30)	$ (1.41)	$ (0.76)
Weighted average shares used to compute net loss per share available to Class A and Class B common stockholders, basic (in shares)	186,487	174,269	180,762	172,601
Weighted average shares used to compute net loss per share available to Class A and Class B common stockholders, diluted (in shares)	186,487	174,269	180,762	172,601
Product
Revenue:
Total revenue	$ 213,243	$ 128,550	$ 520,415	$ 413,347
Cost of revenue:
Total cost of revenue	158,176	93,704	393,337	289,889
Installation
Revenue:
Total revenue	22,682	22,172	48,964	53,710
Cost of revenue:
Total cost of revenue	28,333	25,616	57,836	66,756
Service
Revenue:
Total revenue	37,347	39,251	111,012	111,375
Cost of revenue:
Total cost of revenue	41,792	39,586	124,646	111,269
Electricity
Revenue:
Total revenue	19,002	17,255	56,158	51,273
Cost of revenue:
Total cost of revenue	$ 13,029	$ 11,439	$ 83,819	$ 32,913

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (60,392)	$ (56,662)	$ (264,304)	$ (144,864)
Other comprehensive loss, net of taxes:
Change in derivative instruments designated and qualifying as cash flow hedges	0	(763)	0	(4,031)
Foreign currency translation adjustment	(1,027)	(299)	(1,774)	(523)
Other comprehensive loss, net of taxes	(1,027)	(1,062)	(1,774)	(4,554)
Comprehensive loss	(61,419)	(57,724)	(266,078)	(149,418)
Less: Comprehensive loss attributable to noncontrolling interest	(3,811)	(3,691)	(10,361)	(9,956)
Comprehensive loss attributable to Class A and Class B common stockholders	(57,608)	(54,033)	(255,717)	(139,462)
Less: Comprehensive (loss) income attributable to redeemable noncontrolling interest	0	17	(300)	(9)
Comprehensive loss after portion attributable to redeemable noncontrolling interest and noncontrolling interest	$ (57,608)	$ (54,050)	$ (255,417)	$ (139,453)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($) $ in Thousands		Total		Cumulative effect upon adoption of Accounting Standards Update 2020-06	Total equity (deficit) attributable to Class A and Class B common stockholders	Total equity (deficit) attributable to Class A and Class B common stockholders Cumulative effect upon adoption of Accounting Standards Update 2020-06	Common Stock	Additional Paid-In Capital	Additional Paid-In Capital Cumulative effect upon adoption of Accounting Standards Update 2020-06	Accumulated Other Comprehensive Loss	Accumulated Deficit	Accumulated Deficit Cumulative effect upon adoption of Accounting Standards Update 2020-06	Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2020							168,002,726
Beginning balance at Dec. 31, 2020		$ 141,019		$ (121,491)	$ 78,824	$ (121,491)	$ 17	$ 3,182,753	$ (126,799)	$ (9)	$ (3,103,937)	$ 5,308	$ 62,195
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)							2,533,027
ESPP purchase (in shares)							1,945,305
ESPP purchase		10,045			10,045			10,045
Exercise of stock options (in shares)							2,597,003
Exercise of stock options		62,065			62,065		$ 1	62,064
Stock-based compensation expense		55,038			55,038			55,038
Distributions and payments to noncontrolling interests		(5,285)											(5,285)
Change in effective portion of interest rate swap agreement		4,031											4,031
Foreign currency translation adjustment		(523)			(269)					(269)			(254)
Net loss	[1]	(144,855)			(131,122)						(131,122)		(13,733)
Ending balance (in shares) at Sep. 30, 2021							175,078,061
Ending balance at Sep. 30, 2021		44			(46,910)		$ 18	3,183,101		(278)	(3,229,751)		46,954
Beginning balance (in shares) at Jun. 30, 2021							173,402,160
Beginning balance at Jun. 30, 2021		29,614			(21,571)		$ 17	3,155,917		(124)	(3,177,381)		51,185
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)							581,363
ESPP purchase (in shares)							967,797
ESPP purchase		5,319			5,319			5,319
Exercise of stock options (in shares)							126,741
Exercise of stock options		1,123			1,123		$ 1	1,122
Stock-based compensation expense		20,743			20,743			20,743
Distributions and payments to noncontrolling interests		(540)											(540)
Change in effective portion of interest rate swap agreement		763											763
Foreign currency translation adjustment		(299)			(154)					(154)			(145)
Net loss	[2]	(56,679)			(52,370)						(52,370)		(4,309)
Ending balance (in shares) at Sep. 30, 2021							175,078,061
Ending balance at Sep. 30, 2021		44			(46,910)		$ 18	3,183,101		(278)	(3,229,751)		46,954
Beginning balance (in shares) at Dec. 31, 2021							176,460,407
Beginning balance at Dec. 31, 2021		(1,827)			(44,326)		$ 18	3,219,081		(350)	(3,263,075)		42,499
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)							2,328,713
ESPP purchase (in shares)							759,744
ESPP purchase		11,600			11,600			11,600
Exercise of stock options (in shares)							468,821
Exercise of stock options		3,550			3,550			3,550
Stock-based compensation expense		82,275			82,275			82,275
Distributions and payments to noncontrolling interests		(5,972)			(500)			(500)					(5,472)
Contributions from noncontrolling interest		2,815											2,815
Public share offering (Note 1) (in shares)							14,950,000
Public share offering (Note 1)		371,527			371,527		$ 1	371,526
Forward to purchase Class A Common Stock (Note 5)		4,183
Foreign currency translation adjustment		(1,774)			(1,181)					(1,181)			(593)
Net loss		(264,004)	[3]		(254,236)						(254,236)		(9,768)
Ending balance (in shares) at Sep. 30, 2022							194,967,685
Ending balance at Sep. 30, 2022		202,373			172,892		$ 19	3,691,715		(1,531)	(3,517,311)		29,481
Beginning balance (in shares) at Jun. 30, 2022							178,913,797
Beginning balance at Jun. 30, 2022		(144,921)			(176,955)		$ 18	3,284,261		(1,000)	(3,460,234)		32,034
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)							539,074
ESPP purchase (in shares)							339,055
ESPP purchase		5,619			5,619			5,619
Exercise of stock options (in shares)							225,759
Exercise of stock options		2,233			2,233			2,233
Stock-based compensation expense		23,893			23,893			23,893
Distributions and payments to noncontrolling interests		(1,557)											(1,557)
Contributions from noncontrolling interest		2,815											2,815
Public share offering (Note 1) (in shares)							14,950,000
Public share offering (Note 1)		371,527			371,527		$ 1	371,526
Forward to purchase Class A Common Stock (Note 5)		4,183
Foreign currency translation adjustment		(1,027)			(531)					(531)			(496)
Net loss	[4]	(60,392)			(57,077)						(57,077)		(3,315)
Ending balance (in shares) at Sep. 30, 2022							194,967,685
Ending balance at Sep. 30, 2022		$ 202,373			$ 172,892		$ 19	$ 3,691,715		$ (1,531)	$ (3,517,311)		$ 29,481
[1]Excludes $9 attributable to redeemable noncontrolling interest.[2]Excludes $17 attributable to redeemable noncontrolling interest.[3]Excludes $300 attributable to redeemable noncontrolling interest.[4]There is no net loss attributable to redeemable noncontrolling interest.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Parenthetical) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning redeemable noncontrolling interest	$ 0	$ 334,000	$ 300,000	$ 377,000
Distributions to noncontrolling interests		20,000		37,000
Net loss	0	17,000	300,000	9,000
Ending redeemable noncontrolling interest	$ 0	$ 331,000	$ 0	$ 331,000

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net loss	$ (264,304)	$ (144,864)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	46,182	40,079
Non-cash lease expense	18,153	7,161
Gain on sale of property, plant and equipment	(523)	0
Write-off of assets related to PPA IIIa	44,800	0
Revaluation of derivative liabilities	(9,640)	486
Stock-based compensation	81,460	57,309
Gain on remeasurement of investment	0	(1,966)
Loss on extinguishment of debt	4,233	0
Amortization of warrants and debt issuance costs	2,355	2,824
Unrealized foreign currency exchange loss	3,086	184
Other	3,487	0
Changes in operating assets and liabilities:
Accounts receivable	15,758	34,236
Contract assets	(567)	(24,418)
Inventories	(110,797)	(39,953)
Deferred cost of revenue	(8,856)	7,307
Customer financing receivable	2,510	4,022
Prepaid expenses and other current assets	(15,766)	236
Other long-term assets	(730)	(374)
Operating lease right-of-use assets and operating lease liabilities	2,162	(7,593)
Finance lease liabilities	499	0
Accounts payable	38,642	37,795
Accrued warranty	1,597	(2,357)
Accrued expenses and other current liabilities	502	(26,178)
Deferred revenue and customer deposits	(12,716)	(53,181)
Other long-term liabilities	(9,980)	1,289
Net cash used in operating activities	(168,453)	(107,956)
Cash flows from investing activities:
Purchase of property, plant and equipment	(80,907)	(44,625)
Net cash acquired from step acquisition	0	3,114
Net cash used in investing activities	(80,907)	(41,511)
Cash flows from financing activities:
Repayment of debt of PPA IIIa	(30,212)	0
Repayment of debt	(17,262)	(11,017)
Debt make-whole payment related to PPA IIIa debt	(2,413)	0
Proceeds from financing obligations	0	7,534
Repayment of financing obligations	(28,821)	(10,174)
Contributions from noncontrolling interest	2,815	0
Distributions to redeemable noncontrolling interests	0	(37)
Distributions and payments to noncontrolling interests	(5,972)	(5,285)
Proceeds from issuance of common stock	15,150	72,109
Proceeds from public share offering (Note 1)	385,396	0
Public share offering costs (Note 1)	(13,407)	0
Other	(63)	0
Net cash provided by financing activities	305,211	53,130
Effect of exchange rate changes on cash, cash equivalent and restricted cash	(1,643)	(472)
Net decrease in cash, cash equivalents and restricted cash	54,208	(96,809)
Beginning of period	615,114	416,710
End of period	669,322	319,901
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	39,664	42,598
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	11,759	10,332
Operating cash flows from finance leases	788	643
Cash paid during the period for income taxes	1,296	372
Non-cash investing and financing activities:
Transfer of customer financing receivable to property, plant and equipment, net	42,758	0
Increase in recourse debt, non-current upon adoption of ASU 2020-06, net	0	121,491
Forward to purchase Class A Common Stock (Note 5)	4,183	0
Liabilities recorded for property, plant and equipment, net	13,373	6,188
Recognition of operating lease right-of-use asset during the year-to-date period	17,623	43,660
Recognition of finance lease right-of-use asset during the year-to-date period	$ 0	$ 1,961

Nature of Business, Liquidity a

Nature of Business, Liquidity and Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business, Liquidity and Basis of Presentation	Nature of Business, Liquidity and Basis of Presentation Nature of Business For information on the nature of our business, see Part II, Item 8, Note 1 - Nature of Business, Liquidity and Basis of Presentation, Nature of Business section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. We have not experienced any supply chain disruptions as a result of the invasion by the Russian Federation in Ukraine on February 24, 2022. Liquidity We have generally incurred operating losses and negative cash flows from operations since our inception. With the series of new debt offerings, debt extensions and conversions to equity that we completed during 2020 and 2021, we had $287.5 million of total outstanding recourse debt as of September 30, 2022, $274.7 million of which is classified as long-term debt. Our recourse debt scheduled repayments commenced in June 2022. On August 10, 2022, pursuant to the Securities Purchase Agreement (“the SPA”) SK ecoplant notified us of its intent to exercise its option to purchase additional shares of our Class A common stock, pursuant to a Second Tranche Exercise Notice (as defined in the SPA) electing to purchase 13,491,701 shares (the “Second Tranche Shares”) at a purchase price of $23.05 per share, calculated as a 15% premium to the volume-weighted average closing price of the 20 consecutive trading day period immediately preceding the exercise of the option (see Note 5 - Fair Value). The aggregate purchase price approximates cash proceeds to be received by us of $311.0 million, net of related incremental direct costs of $0.1 million. The payment for the Second Tranche Shares will be due the later of (i) December 6, 2022 and (ii) upon clearance under the Hart Scott Rodino (“HSR”) Act of the sale of the Second Tranche Shares as contemplated by the Second Tranche Exercise Notice. On August 19, 2022, we completed an underwritten public offering (“the Offering”), pursuant to which we issued and sold 13,000,000 shares of Class A Common Stock at price of $26.00 per share. As a part of the Offering, the underwriters were provided a 30-day option to purchase an additional 1,950,000 shares of our Class A Common Stock at the same price, less underwriting discounts and commissions (“the Greenshoe”), which was exercised contemporaneously with the Offering. The aggreg ate net proceeds received by us from the Offering were $371.5 million after deducting underwriting discounts and commissions of $16.5 million and incremental costs directly attributable to the Offering of $0.7 million. Our future capital requirements will depend on many factors, including our rate of revenue growth, the timing and extent of spending on research and development efforts and other business initiatives, the rate of growth in the volume of system builds and the need for additional manufacturing space, the expansion of sales and marketing activities both in domestic and international markets, market acceptance of our product, our ability to secure financing for customer use of our Energy Servers, the timing of installations, and overall economic conditions including the impact of COVID-19 and inflationary pressure in the US on our ongoing and future operations. The rising interest rate environment in the US has and will continue to adversely impact the cost of new capital deployment. In the opinion of management, the combination of our existing cash and cash equivalents and operating cash flows is expected to be sufficient to meet our operational and capital cash flow requirements and other cash flow needs for the next 12 months from the date of issuance of this Quarterly Report on Form 10-Q. Inflation Reduction Act On August 7, 2022, the United States Senate passed the Inflation Reduction Act of 2022 (“the IRA”) under fiscal year 2022 budget reconciliation instructions. On August 16, 2022, the IRA was signed into law. This new bill is the U.S. federal government’s largest-ever investment to fight climate change. The IRA includes numerous investments in climate protection, including investments in clean energy production and tax credits aimed at reducing carbon emissions by roughly 40% by 2030. By implementing the IRA, the government aims to make an impact on energy markets so that cleaner options are more affordable to consumers. The IRA contains several credits and incentive provisions that may be relevant to us: Credit Credit summary Section 45 – Production Tax credit (“PTC”) Provides a 10-year tax credit for a variety of renewable energy technologies to incentivize electricity generation to be sold to a third party. Section 48 – Investment Tax Credit (“ITC”) Provides a tax credit based on capital investment in a variety of renewable and conventional energy technologies to incentivize investment in new energy resources and more efficient use of fuel. Section 45X – Advanced Manufacturing Production Provides a PTC for the production of certain eligible components sold to an unrelated person (exceptions apply). The credit amount varies based on the eligible component, which includes solar components, wind energy components, inverters, qualifying battery components, and critical minerals. Section 48C – Qualified Advanced Energy Project (reenacted) Provides an ITC through a competitive application process administered through the Department of Energy equal to 6% or 30% of the investment with respect to advanced energy projects. Section 45Y – Clean Electricity Production Credit Provides a 10-year technology-neutral PTC, equal to the kWh of electricity produced by the taxpayer times an applicable amount (based of $0.003/kWh up to $0.015/kWh) for the production of clean electricity produced at a qualifying facility for which the GHG emission rate is not greater than zero and electricity is sold, consumed or stored. Section 48E – Clean Electricity Investment Tax Credit Provides a technology-neutral ITC of between 6% (or 2%) to 30% (or 10%) for qualified capital investments in an electric generating facility or energy storage for which GHG rate is not greater than zero. Section 45V – Clean Hydrogen Provides a PTC of up to $3 per kg of clean hydrogen over a 10-year credit period for the production of clean hydrogen at a qualified facility in the US. Section 45Q – Carbon Capture Sequestration Provides a credit ranging from $12-$17 or $60-$85 per metric ton based on the amount of carbon oxides captured from a qualified facility over a 12-year period. We are currently assessing the impact of these provisions on our business beyond the third quarter of 2022. Some of our existing contracts contemplated price adjustments due to changes to ITC rate at the inception of the contracts. As a result, we recognized $8.7 million product revenue and $1.3 million installation revenue for the three months ended September 30, 2022, due to a change in variable considerations for energy servers placed in service during the eligible periods from such existing contracts. Basis of Presentation We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”), and as permitted by those rules, including all disclosures required by generally accepted accounting principles as applied in the United States (“U.S. GAAP”). Certain prior period amounts have been reclassified to conform to the current period presentation. Principles of Consolidation For information on principles of consolidation, see Part II, Item 8, Note 1 - Nature of Business, Liquidity and Basis of Presentation, Principles of Consolidation section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Use of Estimates For information on the use of accounting estimates, see Part II, Item 8, Note 1 - Nature of Business, Liquidity and Basis of Presentation, Use of Estimates section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Concentration of Risk Geographic Risk - T he majority of our revenue and long-lived assets are attributable to operations in the United States for all periods presented. In addition to shipments in the US, we also ship our Energy Servers to other countries, primarily to the Republic of Korea, Japan, and India (collectively, the “Asia Pacific region”). In the three and nine months ended September 30, 2022, total revenue in the Asia Pacific region was 58% and 61%, respectively, of our total revenue. In the three and nine months ended September 30, 2021, total revenue in the Asia Pacific region was 36% and 38%, respectively, of our total revenue. Credit Risk - At September 30, 2022 and December 31, 2021, one customer accounted for approximately 23% and 60% of accounts receivable, respectively. To date, we have not experienced any credit losses. Customer Risk - During the three months ended September 30, 2022, two customers represented approximately 54% and 26% of our total revenue, respectively. During the nine months ended September 30, 2022, two customers represented approximately 48% and 16% of our total revenue, respectively. During the three months ended September 30, 2021, one customer represented 35% of our total revenue. During the nine months ended September 30, 2021, revenue from two customers represented 37% and 12% of our total revenue, respectively.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Please refer to the accounting policies described in Part II, Item 8, Note 2 - Summary of Significant Accounting Policies in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Recent Accounting Pronouncements There have been no significant changes in our reported financial position or results of operations and cash flows resulting from the adoption of new accounting pronouncements. Accounting Guidance Not Yet Adopted Contract Assets and Contract Liabilities Acquired in a Business Combination - In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606, Revenue from Contracts with Customers , as if it had originated the contracts. This approach differs from the current requirement to measure contract assets and contract liabilities acquired in a business combination at fair value. ASU 2021-08 will be effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2022. Early adoption is permitted. The adoption impact of ASU 2021-08 will depend on the magnitude of any future acquisitions. The standard will not impact acquired contract assets or liabilities from business combinations occurring prior to the adoption date.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Contract Balances The following table provides information about accounts receivables, contract assets, customer deposits and deferred revenue from contracts with customers (in thousands): September 30, December 31, 2022 2021 Accounts receivable $ 71,184 $ 87,788 Contract assets 25,768 25,201 Customer deposits 64,412 64,809 Deferred revenue 103,156 115,476 Contract assets and contract liabilities are reported in a net position on an individual contract basis at the end of each reporting period. Contract assets are classified as current in the condensed consolidated balance sheet when the Company expects to complete the related performance obligations and invoice the customers within one year of the balance sheet date, and as long-term when the Company expects to complete the related performance obligations and invoice the customers more than one year out from the balance sheet date. Contract liabilities are classified as current in the condensed consolidated balance sheet when the revenue recognition associated with the related customer payments and invoicing is expected to occur within one year of the balance sheet date and as long-term when the revenue recognition associated with the related customer payments and invoicing is expected to occur in more than one year from the balance sheet date. Contract Assets Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ 33,374 $ 18,638 $ 25,201 $ 3,327 Transferred to accounts receivable from contract assets recognized at the beginning of the period (21,677) (11,758) (21,304) — Revenue recognized and not billed as of the end of the period 14,071 20,865 21,871 24,418 Ending balance $ 25,768 $ 27,745 $ 25,768 $ 27,745 Deferred Revenue Deferred revenue activity, including deferred incentive revenue activity, during the three and nine months ended September 30, 2022 and 2021 consisted of the following (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ 96,377 $ 116,255 $ 115,476 $ 135,578 Additions 248,574 175,423 597,318 541,519 Revenue recognized (241,795) (179,808) (609,638) (565,227) Ending balance $ 103,156 $ 111,870 $ 103,156 $ 111,870 Disaggregated Revenue We disaggregate revenue from contracts with customers into four revenue categories: product, installation, services and electricity (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Revenue from contracts with customers: Product revenue $ 213,243 $ 128,550 $ 520,415 $ 413,347 Installation revenue 22,682 22,172 48,964 53,710 Services revenue 37,347 39,251 111,012 111,375 Electricity revenue 2,875 804 8,352 2,107 Total revenue from contract with customers 276,147 190,777 688,743 580,539 Revenue from contracts that contain lease: Electricity revenue 16,127 16,451 47,806 49,166 Total revenue $ 292,274 $ 207,228 $ 736,549 $ 629,705

Financial Instruments

Financial Instruments	9 Months Ended
	Sep. 30, 2022
Cash and Cash Equivalents [Abstract]
Financial Instruments	Financial Instruments Cash, Cash Equivalents and Restricted Cash The carrying values of cash, cash equivalents and restricted cash approximate fair values and were as follows (in thousands): September 30, December 31, 2022 2021 As Held: Cash $ 215,926 $ 318,080 Money market funds 453,396 297,034 $ 669,322 $ 615,114 As Reported: Cash and cash equivalents $ 492,120 $ 396,035 Restricted cash 177,202 219,079 $ 669,322 $ 615,114 Restricted cash consisted of the following (in thousands): September 30, December 31, 2022 2021 Current: Restricted cash $ 41,124 $ 89,462 Restricted cash related to PPA Entities 1 980 3,078 $ 42,104 $ 92,540 Non-current: Restricted cash $ 117,590 $ 103,300 Restricted cash related to PPA Entities 1 17,508 23,239 135,098 126,539 $ 177,202 $ 219,079 1 We have VIEs related to PPAs that represent a portion of the consolidated balances recorded within the “restricted cash” and other financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio Financings ). In addition, the restricted cash held in the PPA II and PPA IIIb entities as of September 30, 2022, includes $33.3 million and $1.1 million of current restricted cash, respectively, and $35.7 million and $6.7 million of non-current restricted cash, respectively. The restricted cash held in the PPA II and PPA IIIb entities as of December 31, 2021, includes $41.7 million and $1.2 million of current restricted cash, respectively, and $57.7 million and $6.7 million of non-current restricted cash, respectively. These entities are not considered VIEs. Factoring Arrangements We sell certain customer trade receivables on a non-recourse basis under factoring arrangements with our designated financial institution. These transactions are accounted for as sales and cash proceeds are included in cash used in operating activities. We derecognized $146.3 million and $116.3 million of accounts receivable as of September 30, 2022 and December 31, 2021, respectively, under these factoring arrangements. The costs of factoring such accounts receivable on our condensed consolidated statements of operations for the three and nine months ended September 30, 2022, were $2.5 million and $3.7 million, respectively. The costs of factoring for the three and nine months ended September 30, 2021, were not material. The cost of factoring is recorded in general and administrative expenses.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Our accounting policy for the fair value measurement of cash equivalents and embedded Escalation Protection Plan (“EPP”) derivatives is described in Part II, Item 8 Note 2 - Summary of Significant Accounting Policies in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 . Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis The tables below set forth, by level, our financial assets that are accounted for at fair value for the respective periods. The table does not include assets and liabilities that are measured at historical cost or any basis other than fair value (in thousands): Fair Value Measured at Reporting Date Using September 30, 2022 Level 1 Level 2 Level 3 Total Assets Cash equivalents: Money market funds $ 453,396 $ — $ — $ 453,396 $ 453,396 $ — $ — $ 453,396 Liabilities Derivatives: Embedded EPP derivatives — — 5,838 5,838 $ — $ — $ 5,838 $ 5,838 Fair Value Measured at Reporting Date Using December 31, 2021 Level 1 Level 2 Level 3 Total Assets Cash equivalents: Money market funds $ 297,034 $ — $ — $ 297,034 $ 297,034 $ — $ — $ 297,034 Liabilities Derivatives: Option to acquire a variable number of shares of Class A Common Stock $ — $ 13,200 $ — $ 13,200 Embedded EPP derivatives — — 6,461 6,461 $ — $ 13,200 $ 6,461 $ 19,661 SK ecoplant Notice to Exercise the Option to Acquire a Variable Number of Shares of Class A Common Stock On August 10, 2022, pursuant to the SPA, SK ecoplant notified us of its intent to exercise its option to purchase additional shares of our Class A common stock, pursuant to a Second Tranche Exercise Notice (as defined in the SPA) electing to purchase 13,491,701 shares at a purchase price of $23.05 per share. Upon receipt of SK’s notice the purchase price and the number of shares of Class A Common Stock that SK will purchase under the Option are fixed. The payment for the Second Tranche Shares will be due the later of (i) December 6, 2022 and (ii) upon clearance under the HSR Act of the sale of the Second Tranche Shares as contemplated by the Second Tranche Exercise Notice. The Option was fair valued as of the notice date at $4.2 million. Upon the receipt of the notice from SK ecoplant the Option met the criteria of equity award and was classified as a forward contract as part of additional paid-in capital. The fair value of the Option was reflected in accrued expenses and other current liabilities in our condensed consolidated balance sheet as of December 31, 2021. Embedded EPP Derivative Liability For the three months ended September 30, 2022 and 2021, we recorded the fair value of the embedded EPP derivatives and recognized an unrealized gain of $0.1 million and an unrealized loss of $0.2 million, respectively, in gain (loss) on revaluation of embedded derivatives on our condensed consolidated statements of operations. For the nine months ended September 30, 2022 and 2021, we recorded the fair value of the embedded EPP derivatives and recognized an unrealized gain of $0.6 million and an unrealized loss of $1.6 million, respectively, in gain (loss) on revaluation of embedded derivatives on our condensed consolidated statements of operations. The changes in the Level 3 financial liabilities during the nine months ended September 30, 2022, were as follows (in thousands): Embedded EPP Derivative Liability Liabilities at December 31, 2021 $ 6,461 Changes in fair value (623) Liabilities at September 30, 2022 $ 5,838 Financial Assets and Liabilities and Other Items Not Measured at Fair Value on a Recurring Basis Customer Receivables and Debt Instruments - The fair value for customer financing receivables is based on a discounted cash flow model, whereby the fair value approximates the present value of the receivables (Level 3). The senior secured notes, term loans and convertible notes are based on rates currently offered for instruments with similar maturities and terms (Level 3). The following table presents the estimated fair values and carrying values of customer receivables and debt instruments (in thousands): September 30, 2022 December 31, 2021 Net Carrying Fair Value Net Carrying Fair Value Customer receivables Customer financing receivable $ — $ — $ 45,269 $ 38,334 Debt instruments Recourse: 10.25% Senior Secured Notes due March 2027 63,194 59,939 68,968 72,573 2.5% Green Convertible Senior Notes due August 2025 224,340 319,822 222,863 356,822 Non-recourse: 7.5% Term Loan due September 2028 (Note 7) — — 29,006 35,669 6.07% Senior Secured Notes due March 2030 68,899 70,085 73,262 83,251 3.04% Senior Secured Notes due June 2031 125,999 115,294 132,631 137,983

Balance Sheet Components

Balance Sheet Components	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Balance Sheet Components	Balance Sheet Components Inventories The components of inventory consist of the following (in thousands): September 30, December 31, 2022 2021 Raw materials $ 156,163 $ 80,809 Finished goods 61,376 30,668 Work-in-progress 37,356 31,893 $ 254,895 $ 143,370 The inventory reserves were $17.6 million and $13.9 million as of September 30, 2022 and December 31, 2021, respectively. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following (in thousands): September 30, December 31, 2022 2021 Receivables from employees $ 7,949 $ 5,463 Prepaid hardware and software maintenance 5,079 3,494 Prepaid managed services 4,291 2,480 Tax receivables 3,259 1,518 Prepaid workers compensation 3,114 5,330 Deposits made 1,425 817 Prepaid deferred commissions 794 724 State incentive receivable 214 427 Other prepaid expenses and other current assets 20,364 10,408 $ 46,489 $ 30,661 Property, Plant and Equipment, Net Property, plant and equipment, net consists of the following (in thousands): September 30, December 31, 2022 2021 Energy Servers $ 669,606 $ 674,799 Machinery and equipment 132,965 110,600 Construction-in-progress 91,301 43,544 Leasehold improvements 68,369 52,936 Building 49,240 48,934 Computers, software and hardware 24,100 21,276 Furniture and fixtures 9,123 8,607 1,044,704 960,696 Less: accumulated depreciation (397,936) (356,590) $ 646,768 $ 604,106 Depreciation expense related to property, plant and equipment for the three and nine months ended September 30, 2022 was $15.5 million and $46.2 million, respectively. Depreciation expense related to property, plant and equipment for the three and nine months ended September 30, 2021 was $13.3 million and $40.1 million, respectively. Property, plant and equipment under operating leases by the PPA Entities was $362.0 million and $368.0 million and accumulated depreciation for these assets was $153.8 million and $139.4 million as of September 30, 2022 and December 31, 2021, respectively. Depreciation expense for these assets was $5.8 million and $17.3 million for the three and nine months ended September 30, 2022, respectively. Depreciation expense for these assets was $5.9 million and $17.6 million for the three and nine months ended September 30, 2021, respectively. PPA IIIa Upgrade In June 2022, we started a project to replace 9.8 megawatts of second-generation Energy Servers (the “old Energy Servers”) at PPA IIIa Investment Company and Operating Company (“PPA IIIa”) with current generation Energy Servers (the “new Energy Servers”) (the “PPA IIIa Upgrade”, the “PPA IIIa Repowering”). The replacement was ongoing as of September 30, 2022. See Note 11 - Portfolio Financing for additional information. Change in Estimate In June 2022, due to the replacement of old Energy Servers as part of the PPA IIIa Repowering, we revised the expected useful life of the old Energy Servers. As a result, the expected useful life of old Energy Servers decreased from 15 years to approximately 0.5 years. We recognized accelerated depreciation of $0.2 million in electricity cost of revenue on the revised carrying amount of the old Energy Servers after impairment loss in our condensed consolidated statements of operations. There is no effect from this change in accounting estimate on future periods. Other Long-Term Assets Other long-term assets consist of the following (in thousands): September 30, December 31, 2022 2021 Long-term lease receivable $ 8,131 $ 7,953 Prepaid insurance 7,969 9,534 Deferred commissions 7,229 7,569 Deposits made 2,694 1,923 Prepaid managed services 2,533 3,010 Deferred tax asset 885 954 Investments in subsidiaries — 1,819 Prepaid and other long-term assets 8,875 8,311 $ 38,316 $ 41,073 Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consist of the following (in thousands): September 30, December 31, 2022 2021 Compensation and benefits $ 30,002 $ 38,222 Sales-related liabilities 10,374 6,040 Delaware grant 9,495 — Accrued installation 6,032 13,968 Accrued legal expenses 5,513 1,765 Current portion of derivative liabilities 3,053 6,059 Accrued consulting expenses 1,423 1,731 Sales tax liabilities 1,359 1,491 Interest payable 719 2,159 Option to acquire a variable number of shares of Class A Common Stock (Note 5) — 13,200 Other 34,040 29,503 $ 102,010 $ 114,138

Outstanding Loans and Security

Outstanding Loans and Security Agreements	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Outstanding Loans and Security Agreements	Outstanding Loans and Security Agreements The following is a summary of our debt as of September 30, 2022 (in thousands, except percentage data): Unpaid Net Carrying Value Interest Maturity Dates Entity Recourse Current Long- Total 10.25% Senior Secured Notes due March 2027 $ 63,966 $ 12,792 $ 50,402 $ 63,194 10.25% March 2027 Company Yes 2.5% Green Convertible Senior Notes due August 2025 230,000 — 224,340 224,340 2.5% August 2025 Company Yes Total recourse debt 293,966 12,792 274,742 287,534 3.04% Senior Secured Notes due June 30, 2031 127,736 10,332 115,667 125,999 3.04% June 2031 PPA V No 6.07% Senior Secured Notes due March 2030 70,492 5,611 64,288 69,899 6.07% March 2030 PPA IV No Total non-recourse debt 198,228 15,943 179,955 195,898 Total debt $ 492,194 $ 28,735 $ 454,697 $ 483,432 The following is a summary of our debt as of December 31, 2021 (in thousands, except percentage data): Unpaid Net Carrying Value Interest Maturity Dates Entity Recourse Current Long- Total 10.25% Senior Secured Notes due March 2027 $ 70,000 $ 8,348 $ 60,620 $ 68,968 10.25% March 2027 Company Yes 2.5% Green Convertible Senior Notes due August 2025 230,000 — 222,863 222,863 2.5% August 2025 Company Yes Total recourse debt 300,000 8,348 283,483 291,831 3.04% Senior Secured Notes due June 30, 2031 134,644 9,376 123,255 132,631 3.04% June 2031 PPA V No 7.5% Term Loan due September 2028 31,070 3,436 25,570 29,006 7.5% September PPA IIIa No 6.07% Senior Secured Notes due March 2030 73,955 4,671 68,591 73,262 6.07% March 2030 PPA IV No Total non-recourse debt 239,669 17,483 217,416 234,899 Total debt $ 539,669 $ 25,831 $ 500,899 $ 526,730 We and all of our subsidiaries were in compliance with all financial covenants as of September 30, 2022 and December 31, 2021. Recourse Debt Facilities Please refer to Part II, Item 8, Note 7 - Outstanding Loans and Security Agreements in our Annual Form 10-K for the fiscal year ended December 31, 2021, for discussion of our 10.25% Senior Secured Notes due March 2027 and 2.5% Green Convertible Senior Notes due August 2025. Interest expense on the Green Notes for the three and nine months ended September 30, 2022, was $1.9 million and $5.8 million, respectively, including amortization of issuance costs of $0.5 million and $1.5 million, respectively. Interest expense on the Green Notes for the three and nine months ended September 30, 2021, was $1.9 million and $5.8 million, respectively, including amortization of issuance costs of $0.5 million and $1.5 million, respectively. Non-recourse Debt Facilities Please refer to Part II, Item 8, Note 7 - Outstanding Loans and Security Agreements in our Annual Form 10-K for the fiscal year ended December 31, 2021 for discussion of our non-recourse debt. Both note purchase and credit agreements require us to maintain a debt service reserve, the balances of which are presented below (in millions): September 30, December 31, 2022 2021 3.04% Senior Secured Notes due June 30, 2031 $ 8.0 $ 8.0 7.5% Term Loan due September 2028 — 3.6 6.07% Senior Secured Notes due March 2030 9.5 9.1 These debt service balances are included as part of long-term restricted cash in the condensed consolidated balance sheets. Both notes and the loan are secured by assets of respective PPAs. 7.5% Term Loan due September 2028 - On June 14, 2022, as part of the PPA IIIa Upgrade, we paid off the outstanding balance and related accrued interest of $30.2 million and $0.4 million, respectively, and recognized a loss on extinguishment of debt of $4.2 million. The debt service reserve of $3.6 million was reclassified from restricted cash to cash and cash equivalents at the time of extinguishment of debt. Repayment Schedule and Interest Expense The following table presents details of our outstanding loan principal repayment schedule as of September 30, 2022 (in thousands): Remainder of 2022 $ 6,755 2023 28,503 2024 31,872 2025 265,494 2026 39,078 Thereafter 120,492 $ 492,194

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Cash Flow Hedges As of December 31, 2021, we had settled our interest rate swaps, which had been designated as cash flow hedges. There were no cash flow hedges as of September 30, 2022. The changes in fair value of the interest rate swaps designated as cash flow hedges and the amounts recognized in accumulated other comprehensive loss and in earnings were as follows during the three and nine months ended September 30, 2022 and 2021 (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ — $ 12,651 $ — $ 15,989 Loss (gain) recognized in other comprehensive loss — (264) — (2,548) Amounts reclassified from other comprehensive loss to earnings — (499) — (1,483) Net loss (gain) recognized in other comprehensive loss — (763) — (4,031) Gain recognized in earnings — (35) — (105) Ending balance $ — $ 11,853 $ — $ 11,853 Embedded EPP Derivatives in Sales Contracts For information on embedded EPP Derivatives in sales contracts, see Part II, Item 8, Note 8 - Derivative Financial Instruments in our Annual Report on form 10-K for the fiscal year ended December 31, 2021.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	Leases Facilities, Energy Servers, and Vehicles For the three and nine months ended September 30, 2022, rent expense for all occupied facilities was $5.0 million and $14.2 million, respectively. For the three and nine months ended September 30, 2021, rent expense for all occupied facilities was $4.4 million and $11.4 million, respectively. Operating and finance lease right-of-use assets and lease liabilities for facilities, Energy Servers, and vehicles as of September 30, 2022 and December 31, 2021 were as follows (in thousands): September 30, December 31, 2022 2021 Operating Leases: Operating lease right-of-use assets, net 1, 2 $ 114,053 $ 106,660 Current operating lease liabilities (12,671) (13,101) Non-current operating lease liabilities (122,412) (106,187) Total operating lease liabilities $ (135,083) $ (119,288) Finance Leases: Finance lease right-of-use assets, net 2, 3, 4 $ 2,692 $ 2,944 Current finance lease liabilities (988) (863) Non-current finance lease liabilities (1,899) (2,157) Total finance lease liabilities $ (2,887) $ (3,020) Total lease liabilities $ (137,970) $ (122,308) 1 These assets primarily include leases for facilities, Energy Servers, and vehicles. 2 Net of accumulated amortization. 3 These assets primarily include leases for vehicles. 4 Included in property, plant and equipment, net in the condensed consolidated balance sheet. The components of our facilities, Energy Servers, and vehicles' lease costs for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Operating lease costs $ 6,097 $ 3,925 $ 17,962 $ 10,620 Finance lease costs: Amortization of finance lease right-of-use assets 230 214 750 1,096 Interest expense for finance lease liabilities 53 51 160 296 Total finance lease costs 283 265 910 1,392 Short-term lease costs 538 625 699 951 Total lease costs $ 6,918 $ 4,815 $ 19,571 $ 12,963 Weighted average remaining lease terms and discount rates for our facilities, Energy Servers and vehicles as of September 30, 2022 and December 31, 2021 were as follows: September 30, December 31, 2022 2021 Weighted average remaining lease term: Operating leases 9.1 years 8.9 years Finance leases 3.1 years 3.5 years Weighted average discount rate: Operating leases 10.0 % 9.6 % Finance leases 7.6 % 7.6 % Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 Managed Services and Portfolio Financings Through PPA Entities At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191 The long-term financing obligations, as reflected in our condensed consolidated balance sheets, were $443.7 million and $461.9 million as of September 30, 2022 and December 31, 2021, respectively. The difference between these obligations and the principal obligations in the table above will be offset against the carrying value of the related Energy Servers at the end of the lease and the remainder recognized as a gain at that point. Portfolio Financings through PPA Entities The components of our aggregate net investment in sales-type leases under our Portfolio Financings through PPA entities consisted of the following (in thousands): September 30, December 31, 2022 2021 Lease payment receivables, net 1 $ — $ 44,378 Estimated residual value of leased assets (unguaranteed) — 890 Net investment in sales-type leases — 45,268 Less: current portion — (5,784) Non-current portion of net investment in sales-type leases $ — $ 39,484 1 Net of current estimated credit losses of approximately $0.1 million as of December 31, 2021. As of September 30, 2022, there was no net investment in sales-type leases as a result of PPA IIIa Repowering. Please refer to Note 11 - Portfolio Financing for details. As of September 30, 2022, future estimated operating minimum lease payments we expect to receive from Portfolio Financing arrangements through PPA Entities were as follows (in thousands): Operating Leases Remainder of 2022 $ 9,582 2023 37,608 2024 40,067 2025 42,589 2026 43,761 Thereafter 197,868 Total minimum lease payments $ 371,475
Leases	Leases Facilities, Energy Servers, and Vehicles For the three and nine months ended September 30, 2022, rent expense for all occupied facilities was $5.0 million and $14.2 million, respectively. For the three and nine months ended September 30, 2021, rent expense for all occupied facilities was $4.4 million and $11.4 million, respectively. Operating and finance lease right-of-use assets and lease liabilities for facilities, Energy Servers, and vehicles as of September 30, 2022 and December 31, 2021 were as follows (in thousands): September 30, December 31, 2022 2021 Operating Leases: Operating lease right-of-use assets, net 1, 2 $ 114,053 $ 106,660 Current operating lease liabilities (12,671) (13,101) Non-current operating lease liabilities (122,412) (106,187) Total operating lease liabilities $ (135,083) $ (119,288) Finance Leases: Finance lease right-of-use assets, net 2, 3, 4 $ 2,692 $ 2,944 Current finance lease liabilities (988) (863) Non-current finance lease liabilities (1,899) (2,157) Total finance lease liabilities $ (2,887) $ (3,020) Total lease liabilities $ (137,970) $ (122,308) 1 These assets primarily include leases for facilities, Energy Servers, and vehicles. 2 Net of accumulated amortization. 3 These assets primarily include leases for vehicles. 4 Included in property, plant and equipment, net in the condensed consolidated balance sheet. The components of our facilities, Energy Servers, and vehicles' lease costs for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Operating lease costs $ 6,097 $ 3,925 $ 17,962 $ 10,620 Finance lease costs: Amortization of finance lease right-of-use assets 230 214 750 1,096 Interest expense for finance lease liabilities 53 51 160 296 Total finance lease costs 283 265 910 1,392 Short-term lease costs 538 625 699 951 Total lease costs $ 6,918 $ 4,815 $ 19,571 $ 12,963 Weighted average remaining lease terms and discount rates for our facilities, Energy Servers and vehicles as of September 30, 2022 and December 31, 2021 were as follows: September 30, December 31, 2022 2021 Weighted average remaining lease term: Operating leases 9.1 years 8.9 years Finance leases 3.1 years 3.5 years Weighted average discount rate: Operating leases 10.0 % 9.6 % Finance leases 7.6 % 7.6 % Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 Managed Services and Portfolio Financings Through PPA Entities At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191 The long-term financing obligations, as reflected in our condensed consolidated balance sheets, were $443.7 million and $461.9 million as of September 30, 2022 and December 31, 2021, respectively. The difference between these obligations and the principal obligations in the table above will be offset against the carrying value of the related Energy Servers at the end of the lease and the remainder recognized as a gain at that point. Portfolio Financings through PPA Entities The components of our aggregate net investment in sales-type leases under our Portfolio Financings through PPA entities consisted of the following (in thousands): September 30, December 31, 2022 2021 Lease payment receivables, net 1 $ — $ 44,378 Estimated residual value of leased assets (unguaranteed) — 890 Net investment in sales-type leases — 45,268 Less: current portion — (5,784) Non-current portion of net investment in sales-type leases $ — $ 39,484 1 Net of current estimated credit losses of approximately $0.1 million as of December 31, 2021. As of September 30, 2022, there was no net investment in sales-type leases as a result of PPA IIIa Repowering. Please refer to Note 11 - Portfolio Financing for details. As of September 30, 2022, future estimated operating minimum lease payments we expect to receive from Portfolio Financing arrangements through PPA Entities were as follows (in thousands): Operating Leases Remainder of 2022 $ 9,582 2023 37,608 2024 40,067 2025 42,589 2026 43,761 Thereafter 197,868 Total minimum lease payments $ 371,475
Leases	Leases Facilities, Energy Servers, and Vehicles For the three and nine months ended September 30, 2022, rent expense for all occupied facilities was $5.0 million and $14.2 million, respectively. For the three and nine months ended September 30, 2021, rent expense for all occupied facilities was $4.4 million and $11.4 million, respectively. Operating and finance lease right-of-use assets and lease liabilities for facilities, Energy Servers, and vehicles as of September 30, 2022 and December 31, 2021 were as follows (in thousands): September 30, December 31, 2022 2021 Operating Leases: Operating lease right-of-use assets, net 1, 2 $ 114,053 $ 106,660 Current operating lease liabilities (12,671) (13,101) Non-current operating lease liabilities (122,412) (106,187) Total operating lease liabilities $ (135,083) $ (119,288) Finance Leases: Finance lease right-of-use assets, net 2, 3, 4 $ 2,692 $ 2,944 Current finance lease liabilities (988) (863) Non-current finance lease liabilities (1,899) (2,157) Total finance lease liabilities $ (2,887) $ (3,020) Total lease liabilities $ (137,970) $ (122,308) 1 These assets primarily include leases for facilities, Energy Servers, and vehicles. 2 Net of accumulated amortization. 3 These assets primarily include leases for vehicles. 4 Included in property, plant and equipment, net in the condensed consolidated balance sheet. The components of our facilities, Energy Servers, and vehicles' lease costs for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Operating lease costs $ 6,097 $ 3,925 $ 17,962 $ 10,620 Finance lease costs: Amortization of finance lease right-of-use assets 230 214 750 1,096 Interest expense for finance lease liabilities 53 51 160 296 Total finance lease costs 283 265 910 1,392 Short-term lease costs 538 625 699 951 Total lease costs $ 6,918 $ 4,815 $ 19,571 $ 12,963 Weighted average remaining lease terms and discount rates for our facilities, Energy Servers and vehicles as of September 30, 2022 and December 31, 2021 were as follows: September 30, December 31, 2022 2021 Weighted average remaining lease term: Operating leases 9.1 years 8.9 years Finance leases 3.1 years 3.5 years Weighted average discount rate: Operating leases 10.0 % 9.6 % Finance leases 7.6 % 7.6 % Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 Managed Services and Portfolio Financings Through PPA Entities At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191 The long-term financing obligations, as reflected in our condensed consolidated balance sheets, were $443.7 million and $461.9 million as of September 30, 2022 and December 31, 2021, respectively. The difference between these obligations and the principal obligations in the table above will be offset against the carrying value of the related Energy Servers at the end of the lease and the remainder recognized as a gain at that point. Portfolio Financings through PPA Entities The components of our aggregate net investment in sales-type leases under our Portfolio Financings through PPA entities consisted of the following (in thousands): September 30, December 31, 2022 2021 Lease payment receivables, net 1 $ — $ 44,378 Estimated residual value of leased assets (unguaranteed) — 890 Net investment in sales-type leases — 45,268 Less: current portion — (5,784) Non-current portion of net investment in sales-type leases $ — $ 39,484 1 Net of current estimated credit losses of approximately $0.1 million as of December 31, 2021. As of September 30, 2022, there was no net investment in sales-type leases as a result of PPA IIIa Repowering. Please refer to Note 11 - Portfolio Financing for details. As of September 30, 2022, future estimated operating minimum lease payments we expect to receive from Portfolio Financing arrangements through PPA Entities were as follows (in thousands): Operating Leases Remainder of 2022 $ 9,582 2023 37,608 2024 40,067 2025 42,589 2026 43,761 Thereafter 197,868 Total minimum lease payments $ 371,475
Leases	Leases Facilities, Energy Servers, and Vehicles For the three and nine months ended September 30, 2022, rent expense for all occupied facilities was $5.0 million and $14.2 million, respectively. For the three and nine months ended September 30, 2021, rent expense for all occupied facilities was $4.4 million and $11.4 million, respectively. Operating and finance lease right-of-use assets and lease liabilities for facilities, Energy Servers, and vehicles as of September 30, 2022 and December 31, 2021 were as follows (in thousands): September 30, December 31, 2022 2021 Operating Leases: Operating lease right-of-use assets, net 1, 2 $ 114,053 $ 106,660 Current operating lease liabilities (12,671) (13,101) Non-current operating lease liabilities (122,412) (106,187) Total operating lease liabilities $ (135,083) $ (119,288) Finance Leases: Finance lease right-of-use assets, net 2, 3, 4 $ 2,692 $ 2,944 Current finance lease liabilities (988) (863) Non-current finance lease liabilities (1,899) (2,157) Total finance lease liabilities $ (2,887) $ (3,020) Total lease liabilities $ (137,970) $ (122,308) 1 These assets primarily include leases for facilities, Energy Servers, and vehicles. 2 Net of accumulated amortization. 3 These assets primarily include leases for vehicles. 4 Included in property, plant and equipment, net in the condensed consolidated balance sheet. The components of our facilities, Energy Servers, and vehicles' lease costs for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Operating lease costs $ 6,097 $ 3,925 $ 17,962 $ 10,620 Finance lease costs: Amortization of finance lease right-of-use assets 230 214 750 1,096 Interest expense for finance lease liabilities 53 51 160 296 Total finance lease costs 283 265 910 1,392 Short-term lease costs 538 625 699 951 Total lease costs $ 6,918 $ 4,815 $ 19,571 $ 12,963 Weighted average remaining lease terms and discount rates for our facilities, Energy Servers and vehicles as of September 30, 2022 and December 31, 2021 were as follows: September 30, December 31, 2022 2021 Weighted average remaining lease term: Operating leases 9.1 years 8.9 years Finance leases 3.1 years 3.5 years Weighted average discount rate: Operating leases 10.0 % 9.6 % Finance leases 7.6 % 7.6 % Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 Managed Services and Portfolio Financings Through PPA Entities At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191 The long-term financing obligations, as reflected in our condensed consolidated balance sheets, were $443.7 million and $461.9 million as of September 30, 2022 and December 31, 2021, respectively. The difference between these obligations and the principal obligations in the table above will be offset against the carrying value of the related Energy Servers at the end of the lease and the remainder recognized as a gain at that point. Portfolio Financings through PPA Entities The components of our aggregate net investment in sales-type leases under our Portfolio Financings through PPA entities consisted of the following (in thousands): September 30, December 31, 2022 2021 Lease payment receivables, net 1 $ — $ 44,378 Estimated residual value of leased assets (unguaranteed) — 890 Net investment in sales-type leases — 45,268 Less: current portion — (5,784) Non-current portion of net investment in sales-type leases $ — $ 39,484 1 Net of current estimated credit losses of approximately $0.1 million as of December 31, 2021. As of September 30, 2022, there was no net investment in sales-type leases as a result of PPA IIIa Repowering. Please refer to Note 11 - Portfolio Financing for details. As of September 30, 2022, future estimated operating minimum lease payments we expect to receive from Portfolio Financing arrangements through PPA Entities were as follows (in thousands): Operating Leases Remainder of 2022 $ 9,582 2023 37,608 2024 40,067 2025 42,589 2026 43,761 Thereafter 197,868 Total minimum lease payments $ 371,475

Stock-Based Compensation Expens

Stock-Based Compensation Expense and Employee Benefit Plans	9 Months Ended
	Sep. 30, 2022
Compensation Related Costs [Abstract]
Stock-Based Compensation Expense and Employee Benefit Plans	Stock-Based Compensation Expense and Employee Benefit Plans Stock-Based Compensation Expense The following table summarizes the components of stock-based compensation expense in the condensed consolidated statements of operations (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Cost of revenue $ 4,982 $ 2,945 $ 13,609 $ 9,749 Research and development 4,818 5,678 25,113 15,876 Sales and marketing 3,948 4,391 13,528 12,486 General and administrative 10,283 7,952 30,688 19,198 $ 24,031 $ 20,966 $ 82,938 $ 57,309 Stock Option Activity The following table summarizes the stock option activity under our stock plans during the reporting period: Outstanding Options Number of Weighted Remaining Aggregate (in thousands) Balances at December 31, 2021 10,737,295 $ 21.23 5.2 $ 60,304 Exercised (468,821) 7.52 Forfeited (42,742) 6.97 Expired (1,229,091) 30.38 Balances at September 30, 2022 8,996,641 20.77 4.8 45,054 Vested and expected to vest at September 30, 2022 8,985,005 20.78 4.8 44,901 Exercisable at September 30, 2022 8,598,209 $ 21.46 4.7 39,364 Stock Options - During the three and nine months ended September 30, 2022, we recognized $1.2 million and $6.7 million of stock-based compensation expense for stock options, respectively. During the three and nine months ended September 30, 2021, we recognized $2.7 million and $10.0 million of stock-based compensation expense for stock options, respectively. We did not grant options in the three and nine months ended September 30, 2022 and 2021. As of September 30, 2022 and December 31, 2021, we had unrecognized compensation expense related to unvested stock options of $0.8 million and $6.2 million, respectively. This expense is expected to be recognized over the remaining weighted-average period of 0.5 years and 0.9 years, respectively. Cash received from stock options exercised totaled $3.6 million and $62.1 million for the nine months ended September 30, 2022 and 2021, respectively. Stock Award Activity A summary of our stock awards activity and related information is as follows: Number of Weighted Unvested Balance at December 31, 2021 8,367,664 $ 20.52 Granted 4,945,001 19.69 Vested (2,328,713) 17.59 Forfeited (900,629) 21.76 Unvested Balance at September 30, 2022 10,083,323 19.99 Stock Awards - The estimated fair value of restricted stock units (“RSUs”) and performance stock units (“PSUs”) is based on the fair value of our Class A common stock on the date of grant. During the three and nine months ended September 30, 2022, we recognized $18.4 million and $64.4 million of stock-based compensation expense for stock awards, respectively. During the three and nine months ended September 30, 2021, we recognized $15.8 million and $40.6 million of stock-based compensation expense for stock awards, respectively. As of September 30, 2022 and December 31, 2021, we had $155.2 million and $114.9 million of unrecognized stock-based compensation expense related to unvested stock awards, expected to be recognized over a weighted average period of 2.1 and 2.3 years, respectively. The following table presents the stock activity for the nine months ended September 30, 2022, and the total number of shares available for grant under our stock plans as of September 30, 2022: Plan Shares Available for Grant Balances at December 31, 2021 24,146,784 Added to plan 8,384,460 Granted (4,981,732) Cancelled/Forfeited 2,062,177 Expired (1,196,565) Balances at September 30, 2022 28,415,124 2018 Employee Stock Purchase Plan During the nine months ended September 30, 2022 and 2021, we recognized $11.2 million and $4.5 million of stock-based compensation expense for the 2018 Employee Stock Purchase Plan, respectively. We issued 759,744 and 1,945,305 shares in the nine months ended September 30, 2022 and 2021, respectively. During the nine months ended September 30, 2022 and 2021, we added an additional 12,055,792 shares and 1,902,572 shares, respectively. There were 13,840,716 shares and 2,544,668 shares available for issuance as of September 30, 2022 and 2021, respectively. As of September 30, 2022 and December 31, 2021, we had $10.4 million and $9.8 million of unrecognized stock-based compensation expense, expected to be recognized over a weighted average period of 1.1 years and 0.5 years, respectively.

Portfolio Financings

Portfolio Financings	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Portfolio Financings	Portfolio Financings Overview We have developed various financing options that enable customers' use of the Energy Servers through third-party ownership financing arrangements. For additional information on these financing options, see our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. PPA IIIa Repowering of Energy Servers PPA IIIa was established in 2012 and we, through a special purpose subsidiary (the “Project Company”), had previously entered into certain agreements for the purpose of developing, financing, owning, operating, maintaining and managing a portfolio of 9.8 megawatts of Energy Servers. On March 31, 2022, we entered into a Membership Interest Purchase Agreement where we bought out the equity interest of the third-party investor, wherein the PPA IIIa became wholly owned by us (the “Buyout”). Following the Buyout and prior to June 14, 2022, we repaid all outstanding debt of the Project Company of $30.6 million, and recognized loss on extinguishment of debt in an amount of $4.2 million, which includes the write-off of the debt discount related to warrants of $1.8 million and a make-whole payment of $2.4 million associated with the debt extinguishment. Refer to Note 7 - Outstanding Loans and Security Agreements, Non-recourse Debt Facilities section. On June 14, 2022, we sold our 100% interest in the Project Company to Generate C&I Warehouse, LLC (“Generate”) through a Membership Interest Purchase Agreement (“MIPA”). Simultaneously, we entered into an agreement with the Project Company to upgrade the old 9.8 megawatts of Energy Servers (the “old Energy Servers”) by replacing them with a newer generation of Energy Servers (“new Energy Servers”) and providing related installation services, which was financed by Generate (the “EPC Agreement”). The old Energy Servers will be removed prior to installing the new Energy Servers, whereby upon completion of installation the old Energy Servers will be returned to Bloom. We also amended and restated our operations and maintenance agreement with the Project Company to cover all new Energy Servers and old Energy Servers prior to their upgrade (“the O&M Agreement”). The operations and maintenance fees under the O&M Agreement are paid on a fixed dollar per kilowatt basis. Certain power purchase agreements within the PPA IIIa portfolio were classified as sales-type leases under ASC 840, while some were classified as operating leases. The Company elected the practical expedient package with the adoption of ASC 842, which allowed the Company to carry forward the lease classification upon adoption of ASC 842 on January 1, 2020. The leases were modified prior to the sale of the PPA IIIa to Generate. Such modified leases were reassessed and determined to not be leases under ASC 842 because customers have no control over the identified assets. Accordingly, on the date of modification, the customer financing receivables were derecognized and recognized as property, plant, and equipment (“PPA IIIa PP&E”). Due to our repurchase option on the old Energy Servers, the Company concluded there was no transfer of control of the old Energy Servers upon sale of the membership interest to Generate. Accordingly, the Company continued to recognize the old Energy Servers, despite the legal ownership of such assets under the MIPA. Upon reclassification of the lease assets to PP&E, the Company assessed the recorded assets for impairment. The carrying amount of the PPA IIIa PP&E was determined to be not recoverable as the net undiscounted cash flows are less than the carrying amounts for PPA IIIa PP&E. Therefore, we recognized the asset impairment charge as electricity cost, consistent with depreciation expense classification for property, plant and equipment under leases. The PPA IIIa Upgrade was in progress as of September 30, 2022 and resulted in the following summarized impacts on our condensed consolidated balance sheet as of September 30, 2022: (i) cash and cash equivalents increased by $17.7 million mainly due to $54.7 million cash receipts from the sale of new Energy Servers to the Project Company, offset by $30.6 million for the repayment of outstanding debt, (ii) both customer financing receivables, current and non-current, and property plant and equipment, net decreased by $5.9 million, $36.9 million and $2.2 million, respectively, due to the impairment of $44.8 million and accelerated depreciation of $0.2 million of the existing old Energy Servers (we revised the expected useful life of the old Energy Servers from 15 years to approximately 0.5 years which resulted in recognized accelerated depreciation of $0.2 million in electricity cost of revenue (see Note 6)), (iii) contract assets increased by $5.0 million, (iv) inventories and deferred cost of revenue decreased by $24.1 million, and (v) other liabilities increased by $4.7 million. Impacts on our condensed consolidated statements of operations for the three and nine months ended September 30, 2022 are summarized as follows: (i) net product and installation revenue recognized of $12.7 million and $2.1 million and $49.6 million and $3.2 million, respectively, as a result of the sale of new Energy Servers; (ii) cost of electricity revenue of nil and $45.0 million, respectively, including the write-off of old Energy Servers of nil and $44.8 million, respectively, accelerated depreciation of nil and $0.2 million, respectively, prior to the completion of installation; (iii) cost of product and installation revenue of $5.7 million and $1.7 million and $21.6 million and $2.5 million, respectively, due to the sale of new Energy Servers; and (iv) nil and $4.2 million, respectively, of loss on extinguishment of debt. Impacts on our condensed consolidated statements of cash flows for the nine months ended September 30, 2022 are summarized as follows: net cash provided by financing activities decreased by $32.6 million due to the repayment of debt of $30.2 million and cash fee of $2.4 million associated with debt extinguishment. PPA Entities’ Aggregate Assets and Liabilities Generally, the assets of an operating company owned by an investment company can be used to settle only the operating company obligations, and the operating company creditors do not have recourse to us. The following are the aggregate carrying values of our VIEs' assets and liabilities in our condensed consolidated balance sheets, after eliminations of intercompany transactions and balances, including as of September 30, 2022 each of the PPA Entities in the PPA IV transaction and the PPA V transaction, and as of December 31, 2021 each of the PPA Entities in the PPA IIIa transaction, the PPA IV transaction and the PPA V transaction (in thousands): September 30, December 31, 2022 2021 Assets Current assets: Cash and cash equivalents $ 1,265 $ 1,541 Restricted cash 980 3,078 Accounts receivable 3,170 5,112 Customer financing receivable — 5,784 Prepaid expenses and other current assets 2,766 3,071 Total current assets 8,181 18,586 Property, plant and equipment, net 208,208 228,546 Customer financing receivable — 39,484 Restricted cash 17,508 23,239 Other long-term assets 1,994 2,362 Total assets $ 235,891 $ 312,217 Liabilities Current liabilities: Accrued expenses and other current liabilities $ 111 $ 194 Deferred revenue and customer deposits 662 662 Non-recourse debt 15,943 17,483 Total current liabilities 16,716 18,339 Deferred revenue and customer deposits 4,915 5,410 Non-recourse debt 179,955 217,417 Total liabilities $ 201,586 $ 241,166 We consolidated each PPA Entity as VIEs in the PPA IV transaction and the PPA V transaction, as we remain the minority shareholder in each of these transactions but have determined that we are the primary beneficiary of these VIEs. These PPA Entities contain debt that is non-recourse to us and own Energy Server assets for which we do not have title.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions There have been no changes in related party relationships during the three and nine months ended September 30, 2022. For information on our related parties, see Part II, Item 8, Note 12 - Related Party Transactions in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Our operations include the following related party transactions (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Total revenue from related parties $ 12,532 $ 3,333 $ 30,231 $ 8,227 Below is the summary of outstanding related party balances as of September 30, 2022 and December 31, 2021 (in millions): September 30, December 31, 2022 2021 Accounts receivable $ 12.5 $ 4.4 We had no debt or convertible notes from investors considered to be related parties as of September 30, 2022 and December 31, 2021.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments Purchase Commitments with Suppliers and Contract Manufacturers - As of September 30, 2022, we had a commitment with NetJets to purchase a fractional interest in one of its jets, which is to be used for corporate travel purposes, in the amount of approximately $3.4 million. The jet is expected to be delivered by July of 2023. As of December 31, 2021, we had no material open purchase orders with our component suppliers and third-party manufacturers that are not cancellable. Portfolio Financings Performance Guarantees - We guarantee the performance of Energy Servers at certain levels of output and efficiency to customers over the contractual term. We paid $1.3 million and $0.2 million in performance guarantees for the nine months ended September 30, 2022 and 2021, respectively. Letters of Credit - In 2019, pursuant to the PPA II upgrade of Energy Servers, we agreed to indemnify our financing partner for losses that may be incurred in the event of certain regulatory, legal or legislative development and established a cash-collateralized letter of credit facility for this purpose. There were no letters of credit or pledged funds associated with the PPA IIIa Upgrade. As of September 30, 2022, the balance of this cash-collateralized letter of credit was $69.0 million, of which $33.3 million and $35.7 million is recognized as short-term and long-term restricted cash, respectively. As of December 31, 2021, the balance of this cash-collateralized letter of credit was $99.4 million, of which $41.7 million and $57.7 million is recognized as short-term and long-term restricted cash, respectively. Pledged Funds - In 2019, pursuant to the PPA IIIb refinancing and energy servers upgrade program, we pledged $20.0 million for a seven-year period to secure our operations and maintenance obligations with respect to the totality of our obligations to the financier. We categorized the $20.0 million as restricted cash on our condensed consolidated balance sheet. It was agreed all or a portion of such funds would be released if we meet certain credit rating and/or market capitalization milestones prior to the end of the pledge period. If we do not meet the required criteria within the first five-year period, the funds would still be released to us over the following two years as long as the energy servers continue to perform in compliance with our warranty obligations. As of September 30, 2022 and December 31, 2021, the balance of the long-term restricted cash was $6.7 million and $6.7 million. Contingencies Indemnification Agreements - We enter into standard indemnification agreements with our customers and certain other business partners in the ordinary course of business. Our exposure under these agreements is unknown because it involves future claims that may be made against us but have not yet been made. To date, we have not paid any claims or been required to defend any action related to our indemnification obligations. However, we may record charges in the future as a result of these indemnification obligations. Delaware Economic Development Authority - In March 2012, we entered into an agreement with the Delaware Economic Development Authority to provide a grant of $16.5 million to us as an incentive to establish a new manufacturing facility in Delaware and to provide employment for full time workers at the facility over a certain period of time. As of September 30, 2022 the grant became current and we have recorded $9.5 million in accrued expenses and other current liabilities for future repayments of this grant. As of December 31, 2021, we have recorded $9.5 million in other long-term liabilities for potential future repayments of this grant. Investment Tax Credits - For information on ITCs, see Part II, Item 8, Note 13 - Commitments and Contingencies on our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Please also refer to Note 1 - Nature of Business, Liquidity and Basis of Presentation for discussion of investment tax credits implemented by the IRA. Legal Matters - We are involved in various legal proceedings that arise in the ordinary course of business. We review all legal matters at least quarterly and assess whether an accrual for loss contingencies needs to be recorded. We record an accrual for loss contingencies when management believes that it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Legal matters are subject to uncertainties and are inherently unpredictable, so the actual liability in any such matters may be materially different from our estimates. If an unfavorable resolution were to occur, there exists the possibility of a material adverse impact on our consolidated financial condition, results of operations or cash flows for the period in which the resolution occurs or on future periods. In March 2019, the Lincolnshire Police Pension Fund filed a class action complaint in the Superior Court of the State of California, County of Santa Clara, against us, certain members of our senior management, certain of our directors and the underwriters in our July 25, 2018 IPO alleging violations under Sections 11 and 15 of the Securities Act of 1933, as amended (the “Securities Act”), for alleged misleading statements or omissions in our Registration Statement on Form S-1 filed with the SEC in connection with the IPO. Two related class action cases were subsequently filed in the Santa Clara County Superior Court against the same defendants containing the same allegations; Rodriquez vs Bloom Energy et al. was filed on April 22, 2019 and Evans vs Bloom Energy et al. was filed on May 7, 2019. These cases have been consolidated. Plaintiffs' consolidated amended complaint was filed with the court on September 12, 2019. On October 4, 2019, defendants moved to stay the lawsuit pending the federal district court action discussed below. On December 7, 2019, the Superior Court issued an order staying the action through resolution of the parallel federal litigation mentioned below. We believe the complaint to be without merit and we intend to defend this action vigorously. We are unable to estimate any range of reasonably possible losses. In May 2019, Elissa Roberts filed a class action complaint in the federal district court for the Northern District of California against us, certain members of our senior management team, and certain of our directors alleging violations under Section 11 and 15 of the Securities Act for alleged misleading statements or omissions in our Registration Statement on Form S-1 filed with the SEC in connection with the IPO. On September 3, 2019, the court appointed a lead plaintiff and lead plaintiffs’ counsel. On November 4, 2019, plaintiffs filed an amended complaint adding the underwriters in the IPO and our auditor as defendants for the Section 11 claim, as well as adding claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act” ) against us, and certain members of our senior management team. The amended complaint alleged a class period for all claims from the time of our IPO until September 16, 2019. On April 21, 2020, plaintiffs filed a second amended complaint, which continued to make the same claims and added allegations pertaining to the restatement and, as to claims under the Exchange Act, extended the putative class period through February 12, 2020. On July 1, 2020, we and the other defendants filed a motion to dismiss the second amended complaint. On September 29, 2021, the court entered an order dismissing with leave to amend (1) five of seven statements or groups of statements alleged to violate Sections 11 and 15 of the Securities Act and (2) all allegations under the Exchange Act. All allegations against our auditors were also dismissed. Plaintiffs elected not to amend the complaint and instead on October 22, 2021 filed a motion for entry of final judgment in favor of our auditors so that plaintiffs could appeal the dismissal of those claims. The court denied that motion on December 1, 2021 and in response plaintiffs have filed a motion asking the court to certify an interlocutory appeal as to the accounting claims. The court denied plaintiff’s motion on April 14, 2022. Separately, the claims for violation of Sections 11 and 15 of the Securities Act that were not dismissed by the court are in the discovery phase. A case schedule has been set, with a trial scheduled for December 2023. We believe the claims to be without merit and we intend to defend this action vigorously. We are unable to predict the outcome of this litigation at this time and accordingly are not able to estimate any range of reasonably possible losses. In September 2019, we received a books and records demand from purported stockholder Dennis Jacob (“Jacob Demand”). The Jacob Demand cites allegations from the September 17, 2019 report prepared by admitted short seller Hindenburg Research. In November 2019, we received a substantially similar books and records demand from the same law firm on behalf of purported stockholder Michael Bolouri (“Bolouri Demand” and, together with the Jacob Demand, the “Demands”). On January 13, 2020, Messrs. Jacob and Bolouri filed a complaint in the Delaware Court of Chancery to enforce the Demands in the matter styled Jacob, et al. v. Bloom Energy Corp. , C.A. No. 2020-0023-JRS. On March 9, 2020, Messrs. Jacob and Bolouri filed an amended complaint in the Delaware Court of Chancery to add allegations regarding the restatement. The court held a one-day trial on December 7, 2020. On February 25, 2021, the Delaware Court of Chancery issued a decision rejecting the Bolouri Demand but granting in part the Jacob Demand allowing limited access to certain books and records pertaining to the allegations made in the Hindenburg Research Report. On March 29, 2021, the Court of Chancery entered a Final Order and Judgment regarding the required production of documents. On April 28, 2021, we produced documents to Mr. Jacob responsive to the Final Order and Judgment. We are unable to estimate any range of reasonably possible losses. In June 2021, we filed a petition for writ of mandate and a complaint for declaratory and injunctive relief in the Santa Clara Superior Court against the City of Santa Clara for failure to issue building permits for two of our customer installations and asking the court to require the City of Santa Clara to process and issue the building permits. In October 2021, we filed an amended petition and complaint that asserts additional constitutional and tort claims based on the City’s failure to timely issue the Energy Server permits. Discovery has commenced and we are aggressively pursuing all claims. On February 4, 2022, the City of Santa Clara filed a Demurrer seeking to dismiss all of the Company’s claims. The trial judge rejected the Demurrer on all claims except one, and allowed Bloom leave to amend that claim. The We filed the second amended petition was filed on July 1, 2022. The City of Santa Clara demurred to one cause of action seeking damages for tortious conduct; the hearing is scheduled for October 27, 2022. The next Status Conference with the judge is scheduled for September December 115, 2022. If we are unable to secure building permits for these customer installations in a timely fashion, our customers will terminate their contracts with us and select another energy provider. In addition, if we are no longer able to install our Energy Servers in Santa Clara under building permits, we may not be able to secure future customer bookings for installation in the City of Santa Clara. In February 2022, Plansee SE/Global Tungsten & Powders Corp. (“Plansee/GTP”), a former supplier, filed a request for expedited arbitration with the World Intellectual Property Organization Arbitration and Mediation Center in Geneva Switzerland, for various claims allegedly in relation to an Intellectual Property and Confidential Disclosure Agreement between Plansee/GTP and Bloom Energy Corporation. Plansee/GTP’s statement of claims includes allegations of infringement of U.S. Patent Nos. 8,802,328, 8,753,785 and 9,434,003. On April 3, 2022, we filed a complaint against Plansee/GTP in the Eastern District of Texas to address the dispute between Plansee/GTP and Bloom Energy Corporation in a proper forum before a U.S. Federal District Court. Our complaint seeks the correction of inventorship of U.S. Patent Nos. 8,802,328, 8,753,785 and 9,434,003 (the “Patents-in-Suit”); declaratory judgment of invalidity, unenforceability, and non-infringement of the Patents-in-Suit; and declaratory judgment of no misappropriation. Further, our complaint seeks to recover damages hawse have suffered in relation to Plansee/GTP’s business dealings that, as alleged, constitute acts of unfair competition, tortious interference contract, breach of contract, violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act and violations of the Clayton Antitrust Act. On June 9, 2022, Plansee/GTP filed a motion to dismiss the complaint filed in the Eastern District of Texas and compel arbitration (or alternatively to stay). We filed our opposition on June 30, 2022, Plansee/GTP’s filed its reply on July 14, 2022 and we filed our sur-reply on July 22, 2022. We await a ruling on the matter and in the interim, discovery has commenced in Federal District Court. Given that the cases are still in their early stages, we are unable to predict the ultimate outcome of the arbitration and district court action at this time, and accordingly are not able to estimate a range of reasonably possible losses.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three and nine months ended September 30, 2022, we recorded an income tax provisions of $0.3 million and $0.9 million, respectively, on pre-tax losses of $60.1 million and $263.4 million for effective tax rates of (0.6)% and (0.3)%, respectively. For the three and nine months ended September 30, 2021, we recorded income tax provisions of $0.2 million and $0.6 million on pre-tax losses of $56.5 million and $144.3 million for effective tax rates of (0.3)% and (0.4)%, respectively. The effective tax rate for the three and nine months ended September 30, 2022 and 2021 is lower than the statutory federal tax rate primarily due to a full valuation allowance against U.S. deferred tax assets.

Net Loss per Share Available to

Net Loss per Share Available to Common Stockholders	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Net Loss per Share Available to Common Stockholders	Net Loss per Share Available to Common Stockholders Please refer to the condensed consolidated statements of operations for computation of our net loss per share available to common stockholders, basic and diluted. The following common stock equivalents (in thousands) were excluded from the computation of our net loss per share available to common stockholders, diluted, for the three and nine months presented as their inclusion would have been antidilutive (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Convertible notes 14,187 14,187 14,187 14,187 Redeemable convertible preferred stock 10,000 — 10,000 — Stock options and awards 6,445 5,415 5,503 6,998 30,632 19,602 29,690 21,185 As of September 30, 2022, pursuant to the notice received from SK ecoplant of its intent to exercise its option to purchase additional shares of our Class A common stock (see Note 5), there were an additional 13,491,701 common stock equivalents that were excluded from the table above.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events There have been no subsequent events that occurred during the period subsequent to the date of these condensed consolidated financial statements that would require adjustment to our disclosure in the condensed consolidated financial statements as presented.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”), and as permitted by those rules, including all disclosures required by generally accepted accounting principles as applied in the United States (“U.S. GAAP”). Certain prior period amounts have been reclassified to conform to the current period presentation.
Principles of Consolidation	Principles of Consolidation For information on principles of consolidation, see Part II, Item 8, Note 1 - Nature of Business, Liquidity and Basis of Presentation, Principles of Consolidation section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
Use of Estimates	Use of Estimates For information on the use of accounting estimates, see Part II, Item 8, Note 1 - Nature of Business, Liquidity and Basis of Presentation, Use of Estimates section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021.
Recent Accounting Pronouncements and Accounting Guidance Not Yet Adopted	Recent Accounting Pronouncements There have been no significant changes in our reported financial position or results of operations and cash flows resulting from the adoption of new accounting pronouncements. Accounting Guidance Not Yet Adopted Contract Assets and Contract Liabilities Acquired in a Business Combination - In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”), which requires contract assets and contract liabilities acquired in a business combination to be recognized and measured by the acquirer on the acquisition date in accordance with ASC 606, Revenue from Contracts with Customers , as if it had originated the contracts. This approach differs from the current requirement to measure contract assets and contract liabilities acquired in a business combination at fair value. ASU 2021-08 will be effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2022. Early adoption is permitted. The adoption impact of ASU 2021-08 will depend on the magnitude of any future acquisitions. The standard will not impact acquired contract assets or liabilities from business combinations occurring prior to the adoption date.

Nature of Business, Liquidity_2

Nature of Business, Liquidity and Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of IRA Credits and Incentive Provisions	The IRA contains several credits and incentive provisions that may be relevant to us: Credit Credit summary Section 45 – Production Tax credit (“PTC”) Provides a 10-year tax credit for a variety of renewable energy technologies to incentivize electricity generation to be sold to a third party. Section 48 – Investment Tax Credit (“ITC”) Provides a tax credit based on capital investment in a variety of renewable and conventional energy technologies to incentivize investment in new energy resources and more efficient use of fuel. Section 45X – Advanced Manufacturing Production Provides a PTC for the production of certain eligible components sold to an unrelated person (exceptions apply). The credit amount varies based on the eligible component, which includes solar components, wind energy components, inverters, qualifying battery components, and critical minerals. Section 48C – Qualified Advanced Energy Project (reenacted) Provides an ITC through a competitive application process administered through the Department of Energy equal to 6% or 30% of the investment with respect to advanced energy projects. Section 45Y – Clean Electricity Production Credit Provides a 10-year technology-neutral PTC, equal to the kWh of electricity produced by the taxpayer times an applicable amount (based of $0.003/kWh up to $0.015/kWh) for the production of clean electricity produced at a qualifying facility for which the GHG emission rate is not greater than zero and electricity is sold, consumed or stored. Section 48E – Clean Electricity Investment Tax Credit Provides a technology-neutral ITC of between 6% (or 2%) to 30% (or 10%) for qualified capital investments in an electric generating facility or energy storage for which GHG rate is not greater than zero. Section 45V – Clean Hydrogen Provides a PTC of up to $3 per kg of clean hydrogen over a 10-year credit period for the production of clean hydrogen at a qualified facility in the US. Section 45Q – Carbon Capture Sequestration Provides a credit ranging from $12-$17 or $60-$85 per metric ton based on the amount of carbon oxides captured from a qualified facility over a 12-year period.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Contract with Customer, Asset and Liability	The following table provides information about accounts receivables, contract assets, customer deposits and deferred revenue from contracts with customers (in thousands): September 30, December 31, 2022 2021 Accounts receivable $ 71,184 $ 87,788 Contract assets 25,768 25,201 Customer deposits 64,412 64,809 Deferred revenue 103,156 115,476 Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ 33,374 $ 18,638 $ 25,201 $ 3,327 Transferred to accounts receivable from contract assets recognized at the beginning of the period (21,677) (11,758) (21,304) — Revenue recognized and not billed as of the end of the period 14,071 20,865 21,871 24,418 Ending balance $ 25,768 $ 27,745 $ 25,768 $ 27,745 Deferred revenue activity, including deferred incentive revenue activity, during the three and nine months ended September 30, 2022 and 2021 consisted of the following (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ 96,377 $ 116,255 $ 115,476 $ 135,578 Additions 248,574 175,423 597,318 541,519 Revenue recognized (241,795) (179,808) (609,638) (565,227) Ending balance $ 103,156 $ 111,870 $ 103,156 $ 111,870
Schedule of Disaggregation of Revenue	We disaggregate revenue from contracts with customers into four revenue categories: product, installation, services and electricity (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Revenue from contracts with customers: Product revenue $ 213,243 $ 128,550 $ 520,415 $ 413,347 Installation revenue 22,682 22,172 48,964 53,710 Services revenue 37,347 39,251 111,012 111,375 Electricity revenue 2,875 804 8,352 2,107 Total revenue from contract with customers 276,147 190,777 688,743 580,539 Revenue from contracts that contain lease: Electricity revenue 16,127 16,451 47,806 49,166 Total revenue $ 292,274 $ 207,228 $ 736,549 $ 629,705

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	The carrying values of cash, cash equivalents and restricted cash approximate fair values and were as follows (in thousands): September 30, December 31, 2022 2021 As Held: Cash $ 215,926 $ 318,080 Money market funds 453,396 297,034 $ 669,322 $ 615,114 As Reported: Cash and cash equivalents $ 492,120 $ 396,035 Restricted cash 177,202 219,079 $ 669,322 $ 615,114
Schedule of Restrictions on Cash and Cash Equivalents	The carrying values of cash, cash equivalents and restricted cash approximate fair values and were as follows (in thousands): September 30, December 31, 2022 2021 As Held: Cash $ 215,926 $ 318,080 Money market funds 453,396 297,034 $ 669,322 $ 615,114 As Reported: Cash and cash equivalents $ 492,120 $ 396,035 Restricted cash 177,202 219,079 $ 669,322 $ 615,114 Restricted cash consisted of the following (in thousands): September 30, December 31, 2022 2021 Current: Restricted cash $ 41,124 $ 89,462 Restricted cash related to PPA Entities 1 980 3,078 $ 42,104 $ 92,540 Non-current: Restricted cash $ 117,590 $ 103,300 Restricted cash related to PPA Entities 1 17,508 23,239 135,098 126,539 $ 177,202 $ 219,079 1 We have VIEs related to PPAs that represent a portion of the consolidated balances recorded within the “restricted cash” and other financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio Financings ). In addition, the restricted cash held in the PPA II and PPA IIIb entities as of September 30, 2022, includes $33.3 million and $1.1 million of current restricted cash, respectively, and $35.7 million and $6.7 million of non-current restricted cash, respectively. The restricted cash held in the PPA II and PPA IIIb entities as of December 31, 2021, includes $41.7 million and $1.2 million of current restricted cash, respectively, and $57.7 million and $6.7 million of non-current restricted cash, respectively. These entities are not considered VIEs.

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below set forth, by level, our financial assets that are accounted for at fair value for the respective periods. The table does not include assets and liabilities that are measured at historical cost or any basis other than fair value (in thousands): Fair Value Measured at Reporting Date Using September 30, 2022 Level 1 Level 2 Level 3 Total Assets Cash equivalents: Money market funds $ 453,396 $ — $ — $ 453,396 $ 453,396 $ — $ — $ 453,396 Liabilities Derivatives: Embedded EPP derivatives — — 5,838 5,838 $ — $ — $ 5,838 $ 5,838 Fair Value Measured at Reporting Date Using December 31, 2021 Level 1 Level 2 Level 3 Total Assets Cash equivalents: Money market funds $ 297,034 $ — $ — $ 297,034 $ 297,034 $ — $ — $ 297,034 Liabilities Derivatives: Option to acquire a variable number of shares of Class A Common Stock $ — $ 13,200 $ — $ 13,200 Embedded EPP derivatives — — 6,461 6,461 $ — $ 13,200 $ 6,461 $ 19,661
Schedule of Change in Level 3 Financial Liabilities	The changes in the Level 3 financial liabilities during the nine months ended September 30, 2022, were as follows (in thousands): Embedded EPP Derivative Liability Liabilities at December 31, 2021 $ 6,461 Changes in fair value (623) Liabilities at September 30, 2022 $ 5,838
Schedule of Fair Values and Carrying Values of Customer Receivables and Debt Instruments	The following table presents the estimated fair values and carrying values of customer receivables and debt instruments (in thousands): September 30, 2022 December 31, 2021 Net Carrying Fair Value Net Carrying Fair Value Customer receivables Customer financing receivable $ — $ — $ 45,269 $ 38,334 Debt instruments Recourse: 10.25% Senior Secured Notes due March 2027 63,194 59,939 68,968 72,573 2.5% Green Convertible Senior Notes due August 2025 224,340 319,822 222,863 356,822 Non-recourse: 7.5% Term Loan due September 2028 (Note 7) — — 29,006 35,669 6.07% Senior Secured Notes due March 2030 68,899 70,085 73,262 83,251 3.04% Senior Secured Notes due June 2031 125,999 115,294 132,631 137,983

Balance Sheet Components (Table

Balance Sheet Components (Tables)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Inventory	The components of inventory consist of the following (in thousands): September 30, December 31, 2022 2021 Raw materials $ 156,163 $ 80,809 Finished goods 61,376 30,668 Work-in-progress 37,356 31,893 $ 254,895 $ 143,370
Schedule of Prepaid Expense and Other Current Assets	Prepaid expenses and other current assets consist of the following (in thousands): September 30, December 31, 2022 2021 Receivables from employees $ 7,949 $ 5,463 Prepaid hardware and software maintenance 5,079 3,494 Prepaid managed services 4,291 2,480 Tax receivables 3,259 1,518 Prepaid workers compensation 3,114 5,330 Deposits made 1,425 817 Prepaid deferred commissions 794 724 State incentive receivable 214 427 Other prepaid expenses and other current assets 20,364 10,408 $ 46,489 $ 30,661
Schedule of Property, Plant and Equipment	Property, plant and equipment, net consists of the following (in thousands): September 30, December 31, 2022 2021 Energy Servers $ 669,606 $ 674,799 Machinery and equipment 132,965 110,600 Construction-in-progress 91,301 43,544 Leasehold improvements 68,369 52,936 Building 49,240 48,934 Computers, software and hardware 24,100 21,276 Furniture and fixtures 9,123 8,607 1,044,704 960,696 Less: accumulated depreciation (397,936) (356,590) $ 646,768 $ 604,106
Schedule of Other Long-Term Assets	Other long-term assets consist of the following (in thousands): September 30, December 31, 2022 2021 Long-term lease receivable $ 8,131 $ 7,953 Prepaid insurance 7,969 9,534 Deferred commissions 7,229 7,569 Deposits made 2,694 1,923 Prepaid managed services 2,533 3,010 Deferred tax asset 885 954 Investments in subsidiaries — 1,819 Prepaid and other long-term assets 8,875 8,311 $ 38,316 $ 41,073
Schedule of Accrued Other Current Liabilities	Accrued expenses and other current liabilities consist of the following (in thousands): September 30, December 31, 2022 2021 Compensation and benefits $ 30,002 $ 38,222 Sales-related liabilities 10,374 6,040 Delaware grant 9,495 — Accrued installation 6,032 13,968 Accrued legal expenses 5,513 1,765 Current portion of derivative liabilities 3,053 6,059 Accrued consulting expenses 1,423 1,731 Sales tax liabilities 1,359 1,491 Interest payable 719 2,159 Option to acquire a variable number of shares of Class A Common Stock (Note 5) — 13,200 Other 34,040 29,503 $ 102,010 $ 114,138

Outstanding Loans and Securit_2

Outstanding Loans and Security Agreements (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt	The following is a summary of our debt as of September 30, 2022 (in thousands, except percentage data): Unpaid Net Carrying Value Interest Maturity Dates Entity Recourse Current Long- Total 10.25% Senior Secured Notes due March 2027 $ 63,966 $ 12,792 $ 50,402 $ 63,194 10.25% March 2027 Company Yes 2.5% Green Convertible Senior Notes due August 2025 230,000 — 224,340 224,340 2.5% August 2025 Company Yes Total recourse debt 293,966 12,792 274,742 287,534 3.04% Senior Secured Notes due June 30, 2031 127,736 10,332 115,667 125,999 3.04% June 2031 PPA V No 6.07% Senior Secured Notes due March 2030 70,492 5,611 64,288 69,899 6.07% March 2030 PPA IV No Total non-recourse debt 198,228 15,943 179,955 195,898 Total debt $ 492,194 $ 28,735 $ 454,697 $ 483,432 The following is a summary of our debt as of December 31, 2021 (in thousands, except percentage data): Unpaid Net Carrying Value Interest Maturity Dates Entity Recourse Current Long- Total 10.25% Senior Secured Notes due March 2027 $ 70,000 $ 8,348 $ 60,620 $ 68,968 10.25% March 2027 Company Yes 2.5% Green Convertible Senior Notes due August 2025 230,000 — 222,863 222,863 2.5% August 2025 Company Yes Total recourse debt 300,000 8,348 283,483 291,831 3.04% Senior Secured Notes due June 30, 2031 134,644 9,376 123,255 132,631 3.04% June 2031 PPA V No 7.5% Term Loan due September 2028 31,070 3,436 25,570 29,006 7.5% September PPA IIIa No 6.07% Senior Secured Notes due March 2030 73,955 4,671 68,591 73,262 6.07% March 2030 PPA IV No Total non-recourse debt 239,669 17,483 217,416 234,899 Total debt $ 539,669 $ 25,831 $ 500,899 $ 526,730 Both note purchase and credit agreements require us to maintain a debt service reserve, the balances of which are presented below (in millions): September 30, December 31, 2022 2021 3.04% Senior Secured Notes due June 30, 2031 $ 8.0 $ 8.0 7.5% Term Loan due September 2028 — 3.6 6.07% Senior Secured Notes due March 2030 9.5 9.1
Schedule of Repayment and Interest Expense	The following table presents details of our outstanding loan principal repayment schedule as of September 30, 2022 (in thousands): Remainder of 2022 $ 6,755 2023 28,503 2024 31,872 2025 265,494 2026 39,078 Thereafter 120,492 $ 492,194

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Changes in Fair Value of Cash Flow Hedge Contracts	The changes in fair value of the interest rate swaps designated as cash flow hedges and the amounts recognized in accumulated other comprehensive loss and in earnings were as follows during the three and nine months ended September 30, 2022 and 2021 (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Beginning balance $ — $ 12,651 $ — $ 15,989 Loss (gain) recognized in other comprehensive loss — (264) — (2,548) Amounts reclassified from other comprehensive loss to earnings — (499) — (1,483) Net loss (gain) recognized in other comprehensive loss — (763) — (4,031) Gain recognized in earnings — (35) — (105) Ending balance $ — $ 11,853 $ — $ 11,853

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Assets and Liabilities Leases	Operating and finance lease right-of-use assets and lease liabilities for facilities, Energy Servers, and vehicles as of September 30, 2022 and December 31, 2021 were as follows (in thousands): September 30, December 31, 2022 2021 Operating Leases: Operating lease right-of-use assets, net 1, 2 $ 114,053 $ 106,660 Current operating lease liabilities (12,671) (13,101) Non-current operating lease liabilities (122,412) (106,187) Total operating lease liabilities $ (135,083) $ (119,288) Finance Leases: Finance lease right-of-use assets, net 2, 3, 4 $ 2,692 $ 2,944 Current finance lease liabilities (988) (863) Non-current finance lease liabilities (1,899) (2,157) Total finance lease liabilities $ (2,887) $ (3,020) Total lease liabilities $ (137,970) $ (122,308) 1 These assets primarily include leases for facilities, Energy Servers, and vehicles. 2 Net of accumulated amortization. 3 These assets primarily include leases for vehicles. 4 Included in property, plant and equipment, net in the condensed consolidated balance sheet.
Schedule of Lease, Cost	The components of our facilities, Energy Servers, and vehicles' lease costs for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Operating lease costs $ 6,097 $ 3,925 $ 17,962 $ 10,620 Finance lease costs: Amortization of finance lease right-of-use assets 230 214 750 1,096 Interest expense for finance lease liabilities 53 51 160 296 Total finance lease costs 283 265 910 1,392 Short-term lease costs 538 625 699 951 Total lease costs $ 6,918 $ 4,815 $ 19,571 $ 12,963 Weighted average remaining lease terms and discount rates for our facilities, Energy Servers and vehicles as of September 30, 2022 and December 31, 2021 were as follows: September 30, December 31, 2022 2021 Weighted average remaining lease term: Operating leases 9.1 years 8.9 years Finance leases 3.1 years 3.5 years Weighted average discount rate: Operating leases 10.0 % 9.6 % Finance leases 7.6 % 7.6 %
Schedule of Finance Lease, Liability, Fiscal Year Maturity	Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191
Schedule of Lessee, Operating Lease, Liability, Maturity	Future lease payments under lease agreements for our facilities, Energy Servers and vehicles as of September 30, 2022 were as follows (in thousands): Operating Leases Finance Leases Remainder of 2022 $ 6,365 $ 281 2023 24,688 1,121 2024 23,028 948 2025 23,504 461 2026 23,332 222 Thereafter 54,170 73 Total minimum lease payments 155,087 3,106 Less: amounts representing interest or imputed interest (20,004) (219) Present value of lease liabilities $ 135,083 $ 2,887 At September 30, 2022, future lease payments under the Managed Services Agreements financing obligations were as follows (in thousands): Financing Obligations Remainder of 2022 $ 10,889 2023 44,124 2024 42,051 2025 41,025 2026 36,426 Thereafter 55,508 Total minimum lease payments 230,023 Less: imputed interest (128,150) Present value of net minimum lease payments 101,873 Less: current financing obligations (16,682) Long-term financing obligations $ 85,191
Schedule of Sales-type Lease, Net Investment in Lease	The components of our aggregate net investment in sales-type leases under our Portfolio Financings through PPA entities consisted of the following (in thousands): September 30, December 31, 2022 2021 Lease payment receivables, net 1 $ — $ 44,378 Estimated residual value of leased assets (unguaranteed) — 890 Net investment in sales-type leases — 45,268 Less: current portion — (5,784) Non-current portion of net investment in sales-type leases $ — $ 39,484 1 Net of current estimated credit losses of approximately $0.1 million as of December 31, 2021.
Schedule of Sales-type Leases, Lease Receivable, Maturity	As of September 30, 2022, future estimated operating minimum lease payments we expect to receive from Portfolio Financing arrangements through PPA Entities were as follows (in thousands): Operating Leases Remainder of 2022 $ 9,582 2023 37,608 2024 40,067 2025 42,589 2026 43,761 Thereafter 197,868 Total minimum lease payments $ 371,475

Stock-Based Compensation Expe_2

Stock-Based Compensation Expense and Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2022
Compensation Related Costs [Abstract]
Schedule of Employee and Non-Employee Stock-Based Compensation Expense	The following table summarizes the components of stock-based compensation expense in the condensed consolidated statements of operations (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Cost of revenue $ 4,982 $ 2,945 $ 13,609 $ 9,749 Research and development 4,818 5,678 25,113 15,876 Sales and marketing 3,948 4,391 13,528 12,486 General and administrative 10,283 7,952 30,688 19,198 $ 24,031 $ 20,966 $ 82,938 $ 57,309
Schedule of Stock Option Activity	The following table summarizes the stock option activity under our stock plans during the reporting period: Outstanding Options Number of Weighted Remaining Aggregate (in thousands) Balances at December 31, 2021 10,737,295 $ 21.23 5.2 $ 60,304 Exercised (468,821) 7.52 Forfeited (42,742) 6.97 Expired (1,229,091) 30.38 Balances at September 30, 2022 8,996,641 20.77 4.8 45,054 Vested and expected to vest at September 30, 2022 8,985,005 20.78 4.8 44,901 Exercisable at September 30, 2022 8,598,209 $ 21.46 4.7 39,364 The following table presents the stock activity for the nine months ended September 30, 2022, and the total number of shares available for grant under our stock plans as of September 30, 2022: Plan Shares Available for Grant Balances at December 31, 2021 24,146,784 Added to plan 8,384,460 Granted (4,981,732) Cancelled/Forfeited 2,062,177 Expired (1,196,565) Balances at September 30, 2022 28,415,124
Schedule of Stock Award Activity	A summary of our stock awards activity and related information is as follows: Number of Weighted Unvested Balance at December 31, 2021 8,367,664 $ 20.52 Granted 4,945,001 19.69 Vested (2,328,713) 17.59 Forfeited (900,629) 21.76 Unvested Balance at September 30, 2022 10,083,323 19.99

Portfolio Financings (Tables)

Portfolio Financings (Tables)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The following are the aggregate carrying values of our VIEs' assets and liabilities in our condensed consolidated balance sheets, after eliminations of intercompany transactions and balances, including as of September 30, 2022 each of the PPA Entities in the PPA IV transaction and the PPA V transaction, and as of December 31, 2021 each of the PPA Entities in the PPA IIIa transaction, the PPA IV transaction and the PPA V transaction (in thousands): September 30, December 31, 2022 2021 Assets Current assets: Cash and cash equivalents $ 1,265 $ 1,541 Restricted cash 980 3,078 Accounts receivable 3,170 5,112 Customer financing receivable — 5,784 Prepaid expenses and other current assets 2,766 3,071 Total current assets 8,181 18,586 Property, plant and equipment, net 208,208 228,546 Customer financing receivable — 39,484 Restricted cash 17,508 23,239 Other long-term assets 1,994 2,362 Total assets $ 235,891 $ 312,217 Liabilities Current liabilities: Accrued expenses and other current liabilities $ 111 $ 194 Deferred revenue and customer deposits 662 662 Non-recourse debt 15,943 17,483 Total current liabilities 16,716 18,339 Deferred revenue and customer deposits 4,915 5,410 Non-recourse debt 179,955 217,417 Total liabilities $ 201,586 $ 241,166

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Our operations include the following related party transactions (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Total revenue from related parties $ 12,532 $ 3,333 $ 30,231 $ 8,227 Below is the summary of outstanding related party balances as of September 30, 2022 and December 31, 2021 (in millions): September 30, December 31, 2022 2021 Accounts receivable $ 12.5 $ 4.4

Net Loss per Share Available _2

Net Loss per Share Available to Common Stockholders (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share	The following common stock equivalents (in thousands) were excluded from the computation of our net loss per share available to common stockholders, diluted, for the three and nine months presented as their inclusion would have been antidilutive (in thousands): Three Months Ended Nine Months Ended 2022 2021 2022 2021 Convertible notes 14,187 14,187 14,187 14,187 Redeemable convertible preferred stock 10,000 — 10,000 — Stock options and awards 6,445 5,415 5,503 6,998 30,632 19,602 29,690 21,185

Nature of Business, Liquidity_3

Nature of Business, Liquidity and Basis of Presentation (Details) $ / shares in Units, shares in Thousands, $ in Thousands					3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) customer	Aug. 19, 2022 USD ($) $ / shares shares	Aug. 10, 2022 USD ($) day	Dec. 31, 2021 USD ($) customer	Sep. 30, 2022 USD ($) customer	Sep. 30, 2021 customer	Sep. 30, 2022 USD ($) customer	Sep. 30, 2021 customer
Subsidiary, Sale of Stock [Line Items]
Long-term debt	$ 483,432			$ 526,730	$ 483,432		$ 483,432
Non-recourse debt	$ 454,697			$ 500,899	454,697		$ 454,697
Product
Subsidiary, Sale of Stock [Line Items]
Revenue recognized due to change in variable considerations					8,700
Installation
Subsidiary, Sale of Stock [Line Items]
Revenue recognized due to change in variable considerations					$ 1,300
Accounts Receivable | Customer Concentration Risk
Subsidiary, Sale of Stock [Line Items]
Number of customers | customer	1			1
Accounts Receivable | Customer Concentration Risk | Customer One
Subsidiary, Sale of Stock [Line Items]
Concentration risk, percentage	23%			60%
Sales Revenue, Net | Customer Concentration Risk
Subsidiary, Sale of Stock [Line Items]
Number of customers | customer					2	1	2	2
Sales Revenue, Net | Customer Concentration Risk | Customer One
Subsidiary, Sale of Stock [Line Items]
Concentration risk, percentage					54%	35%	48%	37%
Sales Revenue, Net | Customer Concentration Risk | Customer Two
Subsidiary, Sale of Stock [Line Items]
Concentration risk, percentage					26%		16%	12%
Asia Pacific | Sales Revenue, Net | Geographic Concentration Risk
Subsidiary, Sale of Stock [Line Items]
Concentration risk, percentage					58%	36%	61%	38%
Initial Investment | Class A common stock
Subsidiary, Sale of Stock [Line Items]
Shares sold in offering (in shares) | shares		13,000
Offering price per share (in dollars per share) | $ / shares		$ 26
Option period		30 days
Additional shares sold in offering (in shares) | shares		1,950
Net proceeds from stock offering		$ 371,500
Proceeds from Class A common share offering		16,500
Incremental costs		$ 700
Securities Purchase Agreement | SK Ecoplant
Subsidiary, Sale of Stock [Line Items]
Percent of the volume-weighted average closing price			0.15
Consecutive trading day period | day			20
Net proceeds from stock offering			$ 311,000
Incremental costs			$ 100
Recourse Debt
Subsidiary, Sale of Stock [Line Items]
Long-term debt	$ 287,534			$ 291,831	$ 287,534		$ 287,534
Non-recourse debt	$ 274,742			$ 283,483	$ 274,742		$ 274,742

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Accounts receivable	$ 71,184		$ 87,788
Contract assets	25,768	$ 33,374	25,201	$ 27,745	$ 18,638	$ 3,327
Customer deposits	64,412		64,809
Deferred revenue	$ 103,156		$ 115,476

Revenue Recognition - Contrac_2

Revenue Recognition - Contract Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Contract With Customer, Asset, After Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 33,374	$ 18,638	$ 25,201	$ 3,327
Transferred to accounts receivable from contract assets recognized at the beginning of the period	(21,677)	(11,758)	(21,304)	0
Revenue recognized and not billed as of the end of the period	14,071	20,865	21,871	24,418
Ending balance	$ 25,768	$ 27,745	$ 25,768	$ 27,745

Revenue Recognition - Contrac_3

Revenue Recognition - Contract Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Contract With Customer, Liability, Deferred Revenue [Roll Forward]
Beginning balance	$ 96,377	$ 116,255	$ 115,476	$ 135,578
Additions	248,574	175,423	597,318	541,519
Revenue recognized	(241,795)	(179,808)	(609,638)	(565,227)
Ending balance	$ 103,156	$ 111,870	$ 103,156	$ 111,870

Revenue Recognition - Revenue b

Revenue Recognition - Revenue by Source (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Total revenue from contract with customers	$ 276,147	$ 190,777	$ 688,743	$ 580,539
Total revenue	292,274	207,228	736,549	629,705
Product
Disaggregation of Revenue [Line Items]
Total revenue from contract with customers	213,243	128,550	520,415	413,347
Total revenue	213,243	128,550	520,415	413,347
Installation
Disaggregation of Revenue [Line Items]
Total revenue from contract with customers	22,682	22,172	48,964	53,710
Total revenue	22,682	22,172	48,964	53,710
Service
Disaggregation of Revenue [Line Items]
Total revenue from contract with customers	37,347	39,251	111,012	111,375
Total revenue	37,347	39,251	111,012	111,375
Electricity
Disaggregation of Revenue [Line Items]
Total revenue from contract with customers	2,875	804	8,352	2,107
Electricity revenue	16,127	16,451	47,806	49,166
Total revenue	$ 19,002	$ 17,255	$ 56,158	$ 51,273

Financial Instruments - Cash an

Financial Instruments - Cash and Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Cash and cash equivalents	[1]	$ 492,120	$ 396,035
Restricted cash		177,202	219,079
Cash, cash equivalents and restricted cash		669,322	615,114	$ 319,901	$ 416,710
Cash
Debt Securities, Available-for-sale [Line Items]
Cash, cash equivalents and restricted cash		215,926	318,080
Money market funds
Debt Securities, Available-for-sale [Line Items]
Cash, cash equivalents and restricted cash		$ 453,396	$ 297,034
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Financial Instruments - Restric

Financial Instruments - Restricted Cash (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2019
Variable Interest Entity [Line Items]
Restricted cash, current	[1]	$ 42,104	$ 92,540
Restricted cash, noncurrent	[1]	135,098	126,539
Restricted cash		177,202	219,079
Consolidated Entity, Excluding Consolidated VIE
Variable Interest Entity [Line Items]
Restricted cash, current		41,124	89,462
Restricted cash, noncurrent		117,590	103,300
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Restricted cash, current		980	3,078
Restricted cash, noncurrent		17,508	23,239
Variable Interest Entity, Primary Beneficiary | Power Purchase Agreements Entities
Variable Interest Entity [Line Items]
Restricted cash, current		980	3,078
Restricted cash, noncurrent		17,508	23,239
Variable Interest Entity, Primary Beneficiary | PPA II
Variable Interest Entity [Line Items]
Restricted cash, current		33,300	41,700
Restricted cash, noncurrent		35,700	57,700
Restricted cash		69,000	99,400
Variable Interest Entity, Primary Beneficiary | PPA IIIB
Variable Interest Entity [Line Items]
Restricted cash, current		1,100	1,200
Restricted cash, noncurrent		$ 6,700	$ 6,700
Restricted cash				$ 20,000
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Accounts receivable, derecognized	$ 146.3		$ 146.3		$ 116.3
Cost of factoring	$ 2.5	$ 0	$ 3.7	$ 0

Fair Value - Financial Assets a

Fair Value - Financial Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Total assets	$ 453,396	$ 297,034
Liabilities
Total liabilities	5,838	19,661
Money market funds
Assets
Money market funds	453,396	297,034
Option to acquire a variable number of shares of Class A Common Stock
Liabilities
Derivatives		13,200
Embedded EPP derivatives
Liabilities
Derivatives	5,838	6,461
Level 1
Assets
Total assets	453,396	297,034
Liabilities
Total liabilities	0	0
Level 1 | Money market funds
Assets
Money market funds	453,396	297,034
Level 1 | Option to acquire a variable number of shares of Class A Common Stock
Liabilities
Derivatives		0
Level 1 | Embedded EPP derivatives
Liabilities
Derivatives	0	0
Level 2
Assets
Total assets	0	0
Liabilities
Total liabilities	0	13,200
Level 2 | Money market funds
Assets
Money market funds	0	0
Level 2 | Option to acquire a variable number of shares of Class A Common Stock
Liabilities
Derivatives		13,200
Level 2 | Embedded EPP derivatives
Liabilities
Derivatives	0	0
Level 3
Assets
Total assets	0	0
Liabilities
Total liabilities	5,838	6,461
Level 3 | Money market funds
Assets
Money market funds	0	0
Level 3 | Option to acquire a variable number of shares of Class A Common Stock
Liabilities
Derivatives		0
Level 3 | Embedded EPP derivatives
Liabilities
Derivatives	$ 5,838	$ 6,461

Fair Value - Narrative (Details

Fair Value - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		9 Months Ended
	Aug. 10, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Gain (loss) on derivative		$ 0.1	$ (0.2)	$ 0.6	$ (1.6)
SK Ecoplant | Option To Purchase
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Offering price per share (in dollars per share)	$ 23.05
Net proceeds from stock offering	$ 4.2
SK Ecoplant | Class A common stock | Option To Purchase
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Shares sold in offering (in shares)	13,491,701

Fair Value - Change in Level 3

Fair Value - Change in Level 3 Financial Assets (Details) - Embedded EPP derivatives $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 6,461
Changes in fair value	(623)
Ending balance	$ 5,838

Fair Value - Estimated Fair Val

Fair Value - Estimated Fair Values and Carrying Values for Customer Receivables and Debt Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 14, 2022	Dec. 31, 2021
10.25% Senior Secured Notes due March 2027 | Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage	10.25%		10.25%
2.5% Green Convertible Senior Notes due August 2025 | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage	2.50%		2.50%
7.5% Term Loan due September 2028 | Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage	7.50%	7.50%
6.07% Senior Secured Notes due March 2030 | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage	6.07%
3.04% Senior Secured Notes due June 2031 | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate percentage	3.04%
Net Carrying Value | Notes | 10.25% Senior Secured Notes due March 2027
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	$ 63,194		$ 68,968
Net Carrying Value | Senior Secured Notes | 2.5% Green Convertible Senior Notes due August 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	224,340		222,863
Net Carrying Value | Senior Secured Notes | 6.07% Senior Secured Notes due March 2030
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	68,899		73,262
Net Carrying Value | Senior Secured Notes | 3.04% Senior Secured Notes due June 2031
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	125,999		132,631
Net Carrying Value | Term Loan | 7.5% Term Loan due September 2028
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	0		29,006
Net Carrying Value | Customer financing receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Customer financing receivable	0		45,269
Fair Value | Notes | 10.25% Senior Secured Notes due March 2027
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	59,939		72,573
Fair Value | Senior Secured Notes | 2.5% Green Convertible Senior Notes due August 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	319,822		356,822
Fair Value | Senior Secured Notes | 6.07% Senior Secured Notes due March 2030
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument			83,251
Fair Value | Senior Secured Notes | 3.04% Senior Secured Notes due June 2031
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument			137,983
Fair Value | Term Loan | 7.5% Term Loan due September 2028
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	0		35,669
Fair Value | 6.07% Senior Secured Notes due March 2030 | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	70,085,000
Fair Value | 3.04% Senior Secured Notes due June 2031 | Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument	115,294,000
Fair Value | Customer financing receivable
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Customer financing receivable	$ 0		$ 38,334

Balance Sheet Components - Inve

Balance Sheet Components - Inventories, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 156,163	$ 80,809
Finished goods	61,376	30,668
Work-in-progress	37,356	31,893
Inventory, net	254,895	143,370
Inventory reserves	$ 17,600	$ 13,900

Balance Sheet Components - Prep

Balance Sheet Components - Prepaid Expense and Other Current Assets (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Receivables from employees		$ 7,949	$ 5,463
Prepaid hardware and software maintenance		5,079	3,494
Prepaid managed services		4,291	2,480
Tax receivables		3,259	1,518
Prepaid workers compensation		3,114	5,330
Deposits made		1,425	817
Prepaid deferred commissions		794	724
State incentive receivable		214	427
Other prepaid expenses and other current assets		20,364	10,408
Prepaid expenses and other current assets	[1]	$ 46,489	$ 30,661
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Balance Sheet Components - Prop

Balance Sheet Components - Property, Plant and Equipment (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		$ 1,044,704	$ 960,696
Less: accumulated depreciation		(397,936)	(356,590)
Property, plant and equipment, net	[1]	646,768	604,106
Energy Servers
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		669,606	674,799
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		132,965	110,600
Construction-in-progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		91,301	43,544
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		68,369	52,936
Building
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		49,240	48,934
Computers, software and hardware
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		24,100	21,276
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		$ 9,123	$ 8,607
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Balance Sheet Components - Pr_2

Balance Sheet Components - Property Plant and Equipment, Net Narrative (Details) $ in Thousands	1 Months Ended	3 Months Ended		5 Months Ended	9 Months Ended
	Jun. 30, 2022 USD ($) MW	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	May 31, 2022	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Property Subject to or Available for Operating Lease [Line Items]
Depreciation and amortization		$ 15,500			$ 46,182	$ 40,079
Operating leases, depreciation expense		5,800	$ 5,900		17,300	17,600
Variable Interest Entity, Primary Beneficiary
Property Subject to or Available for Operating Lease [Line Items]
Property, plant and equipment		362,000			362,000		$ 368,000
Accumulated depreciation		$ 153,800			$ 153,800		$ 139,400
Variable Interest Entity, Primary Beneficiary | Old Energy Server | PPA Company IIIA
Property Subject to or Available for Operating Lease [Line Items]
Depreciation and amortization	$ 200
Energy servers power | MW	9.8
Estimated depreciable life	6 months			15 years
Property, plant and equipment
Property Subject to or Available for Operating Lease [Line Items]
Depreciation and amortization			$ 13,300			$ 40,100

Balance Sheet Components - Othe

Balance Sheet Components - Other Long-Term Assets (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Long-term lease receivable		$ 8,131	$ 7,953
Prepaid insurance		7,969	9,534
Deferred commissions		7,229	7,569
Deposits made		2,694	1,923
Prepaid managed services		2,533	3,010
Deferred tax asset		885	954
Investments in subsidiaries		0	1,819
Prepaid and other long-term assets		8,875	8,311
Other long-term assets	[1]	$ 38,316	$ 41,073
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Other Current Liabilities (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Compensation and benefits		$ 30,002	$ 38,222
Sales-related liabilities		10,374	6,040
Delaware grant		9,495	0
Accrued installation		6,032	13,968
Accrued legal expenses		5,513	1,765
Current portion of derivative liabilities		3,053	6,059
Accrued consulting expenses		1,423	1,731
Sales tax liabilities		1,359	1,491
Interest payable		719	2,159
Option to acquire a variable number of shares of Class A Common Stock		0	13,200
Other		34,040	29,503
Accrued other current liabilities	[1]	$ 102,010	$ 114,138
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Outstanding Loans and Securit_3

Outstanding Loans and Security Agreements - Schedule of Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 14, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 492,194		$ 539,669
Current portion of debt	28,735		25,831
Net carrying value, long-term	454,697		500,899
Total	483,432		526,730
Notes | 10.25% Senior Secured Notes due March 2027
Debt Instrument [Line Items]
Unpaid Principal Balance	63,966		70,000
Current portion of debt	12,792		8,348
Net carrying value, long-term	50,402		60,620
Total	$ 63,194		$ 68,968
Interest rate percentage	10.25%		10.25%
Senior Secured Notes | 2.5% Green Convertible Senior Notes due August 2025
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 230,000		$ 230,000
Current portion of debt	0		0
Net carrying value, long-term	224,340		222,863
Total	$ 224,340		$ 222,863
Interest rate percentage	2.50%		2.50%
Senior Secured Notes | 3.04% Senior Secured Notes due June 30, 2031
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 127,736		$ 134,644
Current portion of debt	10,332		9,376
Net carrying value, long-term	115,667		123,255
Total	$ 125,999		132,631
Interest rate percentage	3.04%
Senior Secured Notes | 6.07% Senior Secured Notes due March 2030
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 70,492		73,955
Current portion of debt	5,611		4,671
Net carrying value, long-term	64,288		68,591
Total	$ 69,899		73,262
Interest rate percentage	6.07%
Recourse Debt
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 293,966		300,000
Current portion of debt	12,792		8,348
Net carrying value, long-term	274,742		283,483
Total	$ 287,534		291,831
Term Loan | 7.5% Term Loan due September 2028
Debt Instrument [Line Items]
Unpaid Principal Balance			31,070
Current portion of debt			3,436
Net carrying value, long-term			25,570
Total			29,006
Interest rate percentage	7.50%	7.50%
Non-recourse Debt
Debt Instrument [Line Items]
Unpaid Principal Balance	$ 198,228		239,669
Current portion of debt	15,943		17,483
Net carrying value, long-term	179,955		217,416
Total	$ 195,898		$ 234,899

Outstanding Loans and Securit_4

Outstanding Loans and Security Agreements - Recourse Debt Facilities Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Contractual interest expense	$ 13,099	$ 14,514	$ 41,000	$ 43,798
10.25% Senior Secured Notes due March 2027 | Notes
Debt Instrument [Line Items]
Interest rate percentage	10.25%		10.25%		10.25%
2.5% Green Convertible Senior Notes due August 2025 | Senior Secured Notes
Debt Instrument [Line Items]
Interest rate percentage	2.50%		2.50%		2.50%
Contractual interest expense	$ 1,900	1,900	$ 5,800	5,800
Amortization of debt issuance costs	$ 500	$ 500	$ 1,500	$ 1,500

Outstanding Loans and Securit_5

Outstanding Loans and Security Agreements - Non-recourse Debt Facilities (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
		Jun. 14, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 0	$ 0	$ 4,233	$ 0
Cash and cash equivalents	[1]		492,120		492,120		$ 396,035
Senior Secured Notes | 3.04% Senior Secured Notes due June 2031
Debt Instrument [Line Items]
Debt minimum debt service reserves required			$ 8,000		$ 8,000		8,000
Interest rate percentage			3.04%		3.04%
Senior Secured Notes | 7.5% Term Loan due September 2028
Debt Instrument [Line Items]
Debt minimum debt service reserves required			$ 0		$ 0		3,600
Senior Secured Notes | 7.5% Term Loan due September 2028 | PPA Company IIIA
Debt Instrument [Line Items]
Repayments of debt		$ 30,200
Accrued interest		400
Loss on extinguishment of debt		4,200
Cash and cash equivalents		$ 3,600
Senior Secured Notes | 6.07% Senior Secured Notes due March 2030
Debt Instrument [Line Items]
Debt minimum debt service reserves required			$ 9,500		$ 9,500		$ 9,100
Interest rate percentage			6.07%		6.07%
Term Loan | 7.5% Term Loan due September 2028
Debt Instrument [Line Items]
Interest rate percentage		7.50%	7.50%		7.50%
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Outstanding Loans and Securit_6

Outstanding Loans and Security Agreements - Schedule of Repayments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Long-term Debt, Fiscal Year Maturity [Abstract]
Remainder of 2022	$ 6,755		$ 6,755
2023	28,503		28,503
2024	31,872		31,872
2025	265,494		265,494
2026	39,078		39,078
Thereafter	120,492		120,492
Total	492,194		492,194		$ 539,669
Interest expense	$ 13,100	$ 14,500	$ 41,000	$ 43,800

Derivative Financial Instrume_3

Derivative Financial Instruments - Changes in Fair Value of Derivative Contracts (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ (144,921)	$ 29,614	$ (1,827)	$ 141,019
Net loss (gain) recognized in other comprehensive loss	1,027	1,062	1,774	4,554
Gain recognized in earnings	(100)	200	(600)	1,600
Ending balance	202,373	44	202,373	44
Interest rate swap agreements
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Gain recognized in earnings	0	(35)	0	(105)
Derivative contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	0	12,651	0	15,989
Loss (gain) recognized in other comprehensive loss	0	(264)	0	(2,548)
Amounts reclassified from other comprehensive loss to earnings	0	(499)	0	(1,483)
Net loss (gain) recognized in other comprehensive loss	0	(763)	0	(4,031)
Ending balance	$ 0	$ 11,853	$ 0	$ 11,853

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Rent expense	$ 5,000,000	$ 4,400,000	$ 14,200,000	$ 11,400,000
Financing obligations	443,665,000		443,665,000		$ 461,900,000
Net investment in sales-type leases	$ 0		$ 0		$ 45,268,000

Leases - Operating and Financin

Leases - Operating and Financing Lease Right-of-Use Assets and Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets and Liabilities, Lessee:
Operating lease right-of-use assets, net	$ 114,053	$ 106,660
Current operating lease liabilities	(12,671)	(13,101)
Non-current operating lease liabilities	(122,412)	(106,187)
Total operating lease liabilities	(135,083)	(119,288)
Finance lease right-of-use assets, net	$ 2,692	$ 2,944
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Less: current financing obligations	$ (988)	$ (863)
Non-current finance lease liabilities	(1,899)	(2,157)
Present value of net minimum lease payments	(2,887)	(3,020)
Total lease liabilities	$ (137,970)	$ (122,308)

Leases - Costs (Details)

Leases - Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating lease costs	$ 6,097	$ 3,925	$ 17,962	$ 10,620
Amortization of finance lease right-of-use assets	230	214	750	1,096
Interest expense for finance lease liabilities	53	51	160	296
Total finance lease costs	283	265	910	1,392
Short-term lease costs	538	625	699	951
Total lease costs	$ 6,918	$ 4,815	$ 19,571	$ 12,963

Leases - Weighted Average Remai

Leases - Weighted Average Remaining Lease Terms and Discount Rates (Details)	Sep. 30, 2022	Dec. 31, 2021
Weighted average remaining lease term:
Operating leases	9 years 1 month 6 days	8 years 10 months 24 days
Finance leases	3 years 1 month 6 days	3 years 6 months
Weighted average discount rate:
Operating leases	10%	9.60%
Finance leases	7.60%	7.60%

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Operating Leases
Remainder of 2022	$ 6,365
2023	24,688
2024	23,028
2025	23,504
2026	23,332
Thereafter	54,170
Total minimum lease payments	155,087
Less: amounts representing interest or imputed interest	(20,004)
Present value of lease liabilities	135,083	$ 119,288
Finance Leases
Remainder of 2022	281
2023	1,121
2024	948
2025	461
2026	222
Thereafter	73
Total minimum lease payments	3,106
Less: imputed interest	(219)
Present value of net minimum lease payments	2,887	3,020
Less: current financing obligations	(988)	(863)
Non-current finance lease liabilities	1,899	$ 2,157
Managed Services | Variable Interest Entity, Primary Beneficiary
Finance Leases
Remainder of 2022	10,889
2023	44,124
2024	42,051
2025	41,025
2026	36,426
Thereafter	55,508
Total minimum lease payments	230,023
Less: imputed interest	(128,150)
Present value of net minimum lease payments	101,873
Less: current financing obligations	(16,682)
Non-current finance lease liabilities	$ 85,191

Leases - Sales-Type Leases (Det

Leases - Sales-Type Leases (Details) - USD ($)		Sep. 30, 2022	Dec. 31, 2021
Net Investment in Lease [Abstract]
Lease payment receivables, net		$ 0	$ 44,378,000
Estimated residual value of leased assets (unguaranteed)		0	890,000
Net investment in sales-type leases		0	45,268,000
Less: current portion	[1]	0	(5,784,000)
Non-current portion of net investment in sales-type leases	[1]	$ 0	39,484,000
Current estimated credit losses			$ 100,000
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Leases - Payment to be Received

Leases - Payment to be Received (Details) - Variable Interest Entity, Primary Beneficiary - Portfolio Financing $ in Thousands	Sep. 30, 2022 USD ($)
Lessor, Lease, Description [Line Items]
Remainder of 2022	$ 9,582
2023	37,608
2024	40,067
2025	42,589
2026	43,761
Thereafter	197,868
Total minimum lease payments	$ 371,475

Stock-Based Compensation Expe_3

Stock-Based Compensation Expense and Employee Benefit Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 24,031	$ 20,966	$ 82,938	$ 57,309
Cost of revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	4,982	2,945	13,609	9,749
Research and development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	4,818	5,678	25,113	15,876
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	3,948	4,391	13,528	12,486
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation expense	$ 10,283	$ 7,952	$ 30,688	$ 19,198

Stock-Based Compensation Expe_4

Stock-Based Compensation Expense and Employee Benefit Plans - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Outstanding Options/RSUs, Number of Shares
Outstanding, beginning (in shares)	10,737,295
Exercised (in shares)	(468,821)
Forfeited (in shares)	(42,742)
Expired (in Shares)	(1,229,091)
Outstanding, ending (in shares)	8,996,641	10,737,295
Vested and expected to vest (in shares)	8,985,005
Exercisable (in shares)	8,598,209
Outstanding Options Weighted Average Exercise Price
Outstanding, beginning (in dollars per share)	$ 21.23
Exercised (in dollar per shares)	7.52
Forfeited (in dollars per share)	6.97
Expired (in dollar per shares)	30.38
Outstanding, ending (in dollars per share)	20.77	$ 21.23
Vested and expected to vest (in dollars per share)	20.78
Exercisable (in dollars per share)	$ 21.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Outstanding, remaining contractual life	4 years 9 months 18 days	5 years 2 months 12 days
Outstanding, aggregate intrinsic value	$ 45,054	$ 60,304
Vested and expected to vest, remaining contractual life	4 years 9 months 18 days
Exercisable, remaining contractual life	4 years 8 months 12 days
Vested and expected to vest, aggregate intrinsic value	$ 44,901
Exercisable, aggregate intrinsic value	$ 39,364

Stock-Based Compensation Expe_5

Stock-Based Compensation Expense and Employee Benefit Plans - Stock Options Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Arrangements with Employees and Nonemployees [Abstract]
Unrecognized compensation cost related to unvested stock options	$ 0.8		$ 0.8		$ 6.2
Expense expected to be recognized over remaining weighted-average period			6 months		10 months 24 days
Cash received from stock options exercised			$ 3.6	$ 62.1
Class A common stock
Share-based Arrangements with Employees and Nonemployees [Abstract]
Granted (in shares)	0	0	0	0
Employee Stock Option
Share-based Arrangements with Employees and Nonemployees [Abstract]
Allocated share-based compensation expense	$ 1.2	$ 2.7	$ 6.7	$ 10

Stock-Based Compensation Expe_6

Stock-Based Compensation Expense and Employee Benefit Plans - Stock Award Activity (Details) - Restricted Stock Units	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Number of Awards Outstanding
Unvested balance (in shares) | shares	8,367,664
Granted (in shares) | shares	4,945,001
Vested (in shares) | shares	(2,328,713)
Forfeited (in shares) | shares	(900,629)
Unvested balance (in shares) | shares	10,083,323
Weighted Average Grant Date Fair Value
Unvested balance (in dollars per share) | $ / shares	$ 20.52
Granted (in dollars per share) | $ / shares	19.69
Vested (in dollars per share) | $ / shares	17.59
Forfeited (in dollars per share) | $ / shares	21.76
Unvested balance (in dollars per share) | $ / shares	$ 19.99

Stock-Based Compensation Expe_7

Stock-Based Compensation Expense and Employee Benefit Plans - Stock Awards Narrative (Details) - Restricted Stock Units - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense	$ 18.4	$ 15.8	$ 64.4	$ 40.6
Unrecognized stock-based compensation cost	$ 155.2		$ 155.2		$ 114.9
Expense expected to be recognized over a weighted-average period			2 years 1 month 6 days		2 years 3 months 18 days

Stock-Based Compensation Expe_8

Stock-Based Compensation Expense and Employee Benefit Plans - Number of Shares Available for Grant (Details)	9 Months Ended
	Sep. 30, 2022 shares
Share-based Compensation Arrangement by Share-based Payment Award, Available for Grant [Roll Forward]
Beginning balance (in shares)	24,146,784
Added to plan (in shares)	8,384,460
Granted (in shares)	(4,981,732)
Cancelled/Forfeited (in shares)	2,062,177
Expired (in shares)	(1,196,565)
Ending Balance (in shares)	28,415,124

Stock-Based Compensation Expe_9

Stock-Based Compensation Expense and Employee Benefit Plans - Employee Stock Purchase Plan (Details) - 2018 ESPP - USD ($) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock ownership plan (ESOP), compensation expense	$ 11.2	$ 4.5
Number of shares issued (in shares)	759,744	1,945,305
Number of additional shares authorized (in shares)	12,055,792	1,902,572
Number of common stock reserved for issuance (in shares)	13,840,716	2,544,668
Unrecognized stock-based compensation cost	$ 10.4		$ 9.8
Expense expected to be recognized over a weighted-average period	1 year 1 month 6 days		6 months

Portfolio Financings - Narrativ

Portfolio Financings - Narrative (Details) $ in Thousands				1 Months Ended	2 Months Ended	3 Months Ended		9 Months Ended
		Jun. 14, 2022 MW	Jun. 13, 2022	Jun. 30, 2022 USD ($)	Jun. 13, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) MW	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Variable Interest Entity [Line Items]
Repayment of debt of PPA IIIa								$ 30,212	$ 0
Loss on extinguishment of debt						$ 0	$ 0	4,233	0
Customer financing receivable	[1]					0		0		$ 5,784
Non-current portion of net investment in sales-type leases	[1]					0		0		39,484
Write-off of assets related to PPA IIIa								44,800	0
Depreciation and amortization						15,500		46,182	40,079
Increase in contract assets								567	24,418
Decrease in inventories								(110,797)	(39,953)
Total revenue						292,274	207,228	736,549	629,705
Cost of revenue						241,330	170,345	659,638	500,827
Net cash provided by financing activities								305,211	53,130
Debt extinguishment cost								2,413	0
Electricity
Variable Interest Entity [Line Items]
Total revenue						19,002	17,255	56,158	51,273
Cost of revenue						13,029	11,439	83,819	32,913
Product
Variable Interest Entity [Line Items]
Total revenue						213,243	128,550	520,415	413,347
Cost of revenue						158,176	93,704	393,337	289,889
Installation
Variable Interest Entity [Line Items]
Total revenue						22,682	22,172	48,964	53,710
Cost of revenue						28,333	25,616	57,836	66,756
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Customer financing receivable						0		0		5,784
Non-current portion of net investment in sales-type leases						0		0		39,484
Property, plant and equipment, net						208,208		$ 208,208		$ 228,546
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA
Variable Interest Entity [Line Items]
Energy servers power | MW		9.8						9.8
Repayment of debt of PPA IIIa					$ 30,600
Loss on extinguishment of debt					4,200
Write-off of debt discount					1,800
Make-whole payment					$ 2,400
Net cash provided by financing activities								$ 32,600
Repayments of debt								30,200
Debt extinguishment cost								2,400
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Repayment of debt of PPA IIIa								30,600
Loss on extinguishment of debt								4,200
Cash and cash equivalents decrease from project				$ 17,700
Cash receipts from sale of energy								54,700
Customer financing receivable						5,900		5,900
Non-current portion of net investment in sales-type leases						36,900		36,900
Property, plant and equipment, net						2,200		2,200
Write-off of assets related to PPA IIIa								44,800
Depreciation and amortization								200
Estimated depreciable life		6 months	15 years
Increase in contract assets				5,000
Decrease in inventories								24,100
Increase in other liabilities				$ 4,700
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Electricity | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Write-off of assets related to PPA IIIa								44,800
Depreciation and amortization						0		200
Cost of revenue						0		45,000
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Product | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Cost of revenue						5,700	21,600
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Installation | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Total revenue								1,700	$ 2,500
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Net Product | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Total revenue						12,700	$ 49,600
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Net Installation | PPA 3A Upgrade
Variable Interest Entity [Line Items]
Total revenue						$ 2,100		$ 3,200
Variable Interest Entity, Primary Beneficiary | PPA Company IIIA | Sale Of Project Company | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Variable Interest Entity [Line Items]
Percent interest sold		100%
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Portfolio Financings - Schedule

Portfolio Financings - Schedule of PPA Entities' Assets and Liabilities (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	[1]	$ 492,120	$ 396,035
Restricted cash	[1]	42,104	92,540
Accounts receivable	[1]	71,184	87,789
Customer financing receivable	[1]	0	5,784
Prepaid expenses and other current assets	[1]	46,489	30,661
Total current assets		964,372	806,420
Customer financing receivable	[1]	0	39,484
Restricted cash	[1]	135,098	126,539
Other long-term assets	[1]	38,316	41,073
Total assets		1,902,069	1,725,571
Current liabilities:
Accrued expenses and other current liabilities	[1]	102,010	114,138
Deferred revenue and customer deposits	[1]	98,841	89,975
Non-recourse debt	[1]	15,943	17,483
Total current liabilities		392,727	342,479
Deferred revenue and customer deposits	[1]	68,727	90,310
Non-recourse debt	[1]	179,955	217,416
Total liabilities		1,491,145	1,518,547
Variable Interest Entity, Primary Beneficiary
Current assets:
Cash and cash equivalents		1,265	1,541
Restricted cash		980	3,078
Accounts receivable		3,170	5,112
Customer financing receivable		0	5,784
Prepaid expenses and other current assets		2,766	3,071
Total current assets		8,181	18,586
Property, plant and equipment, net		208,208	228,546
Customer financing receivable		0	39,484
Restricted cash		17,508	23,239
Other long-term assets		1,994	2,362
Total assets		235,891	312,217
Current liabilities:
Accrued expenses and other current liabilities		111	194
Deferred revenue and customer deposits		662	662
Non-recourse debt		15,943	17,483
Total current liabilities		16,716	18,339
Deferred revenue and customer deposits		4,915	5,410
Non-recourse debt		179,955	217,417
Total liabilities		$ 201,586	$ 241,166
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions and Outstanding Related Party (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Total revenue from related parties	$ 12,532	$ 3,333	$ 30,231	$ 8,227
Accounts receivable	12,500		12,500		$ 4,400
Equity Method Investee
Related Party Transaction [Line Items]
Total revenue from related parties	$ 0		$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands			9 Months Ended		12 Months Ended
		Apr. 22, 2019 class_action_case	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2012 USD ($)
Operating Leased Assets [Line Items]
Restricted cash			$ 177,202			$ 219,079
Restricted cash	[1]		42,104			92,540
Restricted cash	[1]		135,098			126,539
Grants receivable							$ 16,500
Delaware grant			9,500			9,500
Number of cases | class_action_case		2
Variable Interest Entity, Primary Beneficiary
Operating Leased Assets [Line Items]
Restricted cash			980			3,078
Restricted cash			17,508			23,239
PPA II | Variable Interest Entity, Primary Beneficiary
Operating Leased Assets [Line Items]
Restricted cash			69,000			99,400
Restricted cash			33,300			41,700
Restricted cash			35,700			57,700
PPA IIIB | Variable Interest Entity, Primary Beneficiary
Operating Leased Assets [Line Items]
Restricted cash					$ 20,000
Restricted cash			1,100			1,200
Restricted cash			6,700			$ 6,700
Pledged assets, term					7 years
Period to meet criteria					5 years
Additional period to fund release					2 years
PPA Company 5
Operating Leased Assets [Line Items]
PPA expenses			1,300	$ 200
NetJets
Operating Leased Assets [Line Items]
Purchase obligation			$ 3,400
[1] We have variable interest entities related to PPAs, which represent a portion of the consolidated balances recorded within these financial statement line items in the condensed consolidated balance sheets (see Note 11 - Portfolio F inancing s ).

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income tax provision	$ 336	$ 158	$ 888	$ 595
Pre-tax loss	$ 60,056	$ 56,504	$ 263,416	$ 144,269
Effective income tax rate	(0.60%)	(0.30%)	(0.30%)	(0.40%)

Net Loss per Share Available _3

Net Loss per Share Available to Common Stockholders - Schedule of Antidilutive Securities (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	30,632,000	19,602,000	29,690,000	21,185,000
Convertible notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	14,187,000	14,187,000	14,187,000	14,187,000
Redeemable convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	10,000,000	0	10,000,000	0
Stock options and awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	6,445,000	5,415,000	5,503,000	6,998,000
Common Class A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	13,491,701

Uncategorized Items - be-202209

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2020-06 [Member]