FuelCell Energy Inc (FCEL)

[Hoghead7]

The most recent quarter that I could find all of the details to. we are going to continue to have an increase in licensing and service because of the increasing amount of age do units and obviously the $10 million licensing agreement with Exxonmobil for Q3.Generation was $1.5 Q1 and $1.9 Q1 2018. Gen will likely be at least $6 million for Q3 due to BP and TS. we did not have either of them for the whole quarter but most of the quarter. so Q4 generation will be even greater. The rest of this post is directly from the q1 2019 earnings report.
Service and license revenues totaled $11.8 million for the first quarter of fiscal 2019 compared to $4.1 million for the first quarter of fiscal 2018.  The increase is primarily due to a higher number of scheduled module replacements under the Company’s service agreements in the first quarter of fiscal 2019, as well as the benefit of the long-term service agreement with Korea Southern Power Company (“KOSPO”) in South Korea entered into during fiscal 2018.    
Generation revenues totaled $1.5 million for the first quarter of fiscal 2019 compared to $1.9 million for the first quarter of fiscal 2018. Revenue was lower primarily due to the timing of plant maintenance in the first quarter of fiscal 2019 compared with the first quarter of fiscal 2018.
Advanced technologies contract revenues totaled $4.5 million for the first quarter of fiscal 2019 compared to $3.1 million for the first quarter of fiscal 2018.  Revenue was higher for the first quarter of fiscal 2019 primarily due to the timing and mix of activity under existing contracts. 
Product revenues decreased $29.5 million for the first quarter of fiscal 2019 compared to the first quarter of fiscal 2018. The decrease is primarily a result of the completion of deliveries in fiscal 2018 under a 20 megawatt (MW) order for a utility project owned by KOSPO