SK ecoplant Strategic Investment

6 Months Ended

Jun. 30, 2025

Equity Method Investments and Joint Ventures [Abstract]

The following are the aggregate carrying values of the Korean JV’s assets and liabilities in our condensed consolidated balance sheets, after eliminations of intercompany transactions and balances, as of June 30, 2025, and December 31, 2024 (in

thousands):


	June 30,		December 31,
	2025		2024
Assets
Current assets:
Cash and cash equivalents	$	7,999	$	15,767
Accounts receivable	12,138		2,515
Inventories	11,849		15,020
Prepaid expenses and other current assets	3,906		3,361
Total current assets	35,892		36,663
Property and equipment, net	1,654		1,796
Operating lease right-of-use assets	1,405		1,663
Other long-term assets	44		40
Total assets	$	38,995	$	40,162
Liabilities
Current liabilities:
Accounts payable	$	3,472	$	7,693
Accrued expenses and other current liabilities	1,527		2,154
Operating lease liabilities	516		442
Non-recourse debt	1,478		—
Total current liabilities	6,993		10,289
Operating lease liabilities	800		977
Non-recourse debt	2,956		4,057
Total liabilities	$	10,749	$	15,323

For details of the strategic investment with SK ecoplant, please refer to Part II, Item 8, Note 17 — SK ecoplant Strategic Investment in our 2024 Form 10-K.

Bloom Energy Corp 10-Q