Plug Power Inc.
Reconciliation of Non-GAAP financial measures
(Dollars in 000's except per share amounts)
Reconciliation of Reported Net Loss to Adjusted Net Loss For the three months ended March 31,
2015 2014
Net loss attributable to common shareholders, as reported $ (11,078) $ (75,909)
Change in fair value of common stock warrant liability 1,769 (68,433)
Adjusted net loss $ (12,847) $ (7,476)
Adjusted net loss per share: Basic and diluted $ (0.07) $ (0.06)
Weighted average number of common shares outstanding 173,365,830 133,750,522
Adjusted net loss and adjusted loss per share, basic and diluted, excludes the change in fair value of common stock warrant liability.
Reconciliation of Reported Operating Loss to EBITDAS For the three months ended March 31,
2015 2014
Operating loss, as reported $ (12,762) $ (7,378)
Stock based compensation 1,697 648
Depreciation and amortization 1,084 1,024
EBITDAS $ (9,981) $ (5,706)