Company research
Hyzon Motors Inc.
CIK 1716583Updated Sep 27, 2026
Securities
Name history
Decarbonization Plus Acquisition Corp · through Jul 19, 2021Decarbonization Plus Acquistion Corp · through Sep 22, 2020
DCRB price & chart
Historical security
This listing closed Jul 19, 2021. Live provider charts are shown only for current listings.
In the news
No coverage from other publishers is available.
Recent filings
SCHEDULE 13G/A filing
15-12G filing
Submission of Matters to a Vote of Security Holders · Other Events
Items 5.07, 8.01, 9.01
15-12G/A filing
EFFECT filing
Show 5 more recent filings
Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 191,135,000Source | 374,896,000Source | 530,279,000Source | 226,789,721Source |
| Property, Plant and Equipment, NetUSD | 18,569,000Source | 22,420,000Source | 14,346,000Source | 418,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 112,280,000Source | 60,554,000Source | 445,146,000Source | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 498,000Source | 29,000Source | 2,956,000Source | — |
| Inventory, NetUSD | 28,811,000Source | 35,553,000Source | 20,927,000Source | — |
| Assets, CurrentUSD | 152,523,000Source | 312,854,000Source | 496,145,000Source | — |
| Prepaid Expense and Other Assets, CurrentUSD | 9,335,000Source | 15,365,000Source | 26,852,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 4,741,000Source | 9,181,000Source | 10,265,000Source | — |
| Other Assets, NoncurrentUSD | 6,157,000Source | 15,411,000Source | 4,575,000Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 61,135,000Source | 67,837,000Source | 160,214,000Source | 46,572,838Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 25,000Source | 25,000Source | 25,000Source | — |
| Additional Paid in CapitalUSD | 380,261,000Source | 372,942,000Source | 400,826,000Source | 26,841,231Source |
| Retained Earnings (Accumulated Deficit)USD | -242,640,000Source | -58,598,000Source | -26,412,000Source | -21,842,297Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -514,000Source | -153,000Source | 378,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 130,686,000Source | 307,770,000Source | 374,817,000Source | 5,000,003Source |
| Liabilities and EquityUSD | 191,135,000Source | 374,896,000Source | 530,279,000Source | 226,789,721Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 42,553,000Source | 45,869,000Source | 31,256,000Source | 5,072,192Source |
| Operating Lease, Liability, CurrentUSD | 1,821,000Source | 1,895,000Source | 1,886,000Source | — |
| Accounts Payable, CurrentUSD | — | 13,798,000Source | 7,980,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | 5,733,000Source | 7,492,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 526,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 2,964,000Source | 1,901,000Source | 1,139,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -686,000Source | -711,000Source | -4,752,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 30,116,000Source | 25,587,000Source | 6,770,000Source | 3,572,935Source |
| Deferred Revenue, NoncurrentUSD | — | — | — | 7,900,376Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 526,000Source | — | — |
| Redeemable Noncontrolling Interest, Equity, Common, Carrying AmountUSD | — | — | — | 175,216,880Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -184,026,000Source | -54,513,000Source | -16,893,000Source | -21,622,875Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 4,000,000Source | 3,400,000Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,481,000Source | 5,332,000Source | 30,087,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 475,000Source | -2,888,000Source | 2,971,000Source | — |
| Increase (Decrease) in InventoriesUSD | 4,831,000Source | 32,461,000Source | 20,958,000Source | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | 1,324,257Source |
| Deferred Income Tax Expense (Benefit)USD | — | 526,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -135,606,000Source | -149,097,000Source | -94,307,000Source | -1,644,507Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 188,095,000Source | -216,210,000Source | -20,656,000Source | -225,725,020Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 7,849,000Source | 14,133,000Source | 14,560,000Source | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 180,000Source | 645,000Source | — | — |
| Payments for Repurchase of Common StockUSD | 0Source | 6,446,000Source | 540,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -399,000Source | -14,293,000Source | 546,749,000Source | 227,053,927Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 51,311,000Source | -382,575,000Source | 432,226,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 118,101,000Source | 66,790,000Source | 449,365,000Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -779,000Source | -2,975,000Source | 440,000Source | — |
| Additional Financial Items | ||||
| Deferred Other Tax Expense (Benefit)USD | -500,000Source | — | — | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 14,267,000Source | 2,448,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,100,000Source | -500,000Source | 1,300,000Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 4,200,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | -1,332,000Source | 0Source | -107,000Source | — |
| General and Administrative ExpenseUSD | — | — | — | 5,479,699Source |
| Income (Loss) from Equity Method InvestmentsUSD | -118,000Source | -95,000Source | — | — |
| Income Tax Expense (Benefit)USD | -492,000Source | 526,000Source | — | — |
| Inventory Write-downUSD | 13,049,000Source | 14,322,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -184,042,000Source | -32,186,000Source | -12,141,000Source | -21,622,875Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 16,000Source | -22,327,000Source | -4,752,000Source | — |
| Operating ExpensesUSD | 188,314,000Source | 176,525,000Source | 98,948,000Source | — |
| Operating Lease, Lease IncomeUSD | 0Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 3,501,000Source | 118,812,000Source | 82,135,000Source | — |
| Payments for Repurchase of WarrantsUSD | 0Source | 31,000Source | — | — |
| Payments of Financing CostsUSD | — | — | — | 371,093Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 6,514,500Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | 159,250,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 18,000Source | 44,000Source | 532,000Source | — |
| Restructuring Costs and Asset Impairment ChargesUSD | 7,487,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 295,000Source | 3,726,000Source | — | — |
| Selling, General and Administrative ExpenseUSD | 121,164,000Source | 114,073,000Source | 67,853,000Source | — |
| Operating Income (Loss)USD | -188,019,000Source | -172,799,000Source | -99,028,000Source | -5,479,699Source |
| Other Nonoperating Income (Expense)USD | 3,501,000Source | 118,812,000Source | 82,135,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -184,518,000Source | -53,987,000Source | — | — |
| Income Tax Expense (Benefit)USD | -492,000Source | 526,000Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 16,000Source | -22,327,000Source | -4,752,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -184,042,000Source | -32,186,000Source | -12,141,000Source | -21,622,875Source |
| Earnings Per Share, BasicUSD per share | -0.75Source | -0.13Source | -0.06Source | -21,622,875Source |
| Earnings Per Share, DilutedUSD per share | -0.75Source | -0.13Source | -0.06Source | -4.22Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 244,774,000Source | 248,040,000Source | 203,897,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 244,774,000Source | 248,040,000Source | 203,897,000Source | 5,123,002Source |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 3,977,000Source | 3,704,000Source | 1,140,000Source | — |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 14,267,000Source | 2,448,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,100,000Source | -500,000Source | 1,300,000Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 4,200,000Source | — |
| General and Administrative ExpenseUSD | — | — | — | 5,479,699Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -129,862,000Source | 12,388,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | -118,000Source | -95,000Source | — | — |
| Interest Income (Expense), NetUSD | 9,006,000Source | 2,339,000Source | — | 2,701Source |
| Interest Income, OtherUSD | — | — | — | 2,701Source |
| Operating ExpensesUSD | 188,314,000Source | 176,525,000Source | 98,948,000Source | — |
| Operating Lease, Lease IncomeUSD | 0Source | — | — | — |
| Research and Development ExpenseUSD | 43,729,000Source | 39,132,000Source | 15,461,000Source | — |
| Restructuring and Related Cost, Incurred CostUSD | 7,765,000Source | — | — | — |