I'm long. Love FCEL. These two paragraphs from the transcript make me reluctant to add here, even though I'm sure FCEL is going higher.
Net loss to common shareholders for fiscal year ended October 31, 2013 was $37.6 million or $0.20 per basic and diluted share. On an adjusted basis, the net loss attributable to common shareholders totaled $36.2 million, or $0.19 per basic and diluted share. This compares to $38.7 million for the comparable prior year period, or $0.23 per basic and diluted share. The financial statements include a non-GAAP reconciliation to illustrate the impact of noncash entries to account for the embedded derivatives in the 8% convertible notes.
EBITDA was negative $24.8 million for fiscal 2013 compared to negative $26.6 million in the prior year. During fiscal 2013, unplanned warranty and aftermarket costs and investments in our European expansion, as well as the Versa acquisition, partially offset the progress made with further cost control, which is why the year-over-year improvement was not larger.