v3.23.2
Extended Maintenance Contracts
6 Months Ended
Jun. 30, 2023
Extended Maintenance Contracts  
Extended Maintenance Contracts

4. Extended Maintenance Contracts

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On a quarterly basis, we evaluate any potential losses related to our extended maintenance contracts for fuel cell systems, related infrastructure and equipment that have been sold. The following table shows the roll forward of balances in the accrual for loss contracts, including changes due to the provision for loss accrual, releases to service cost of sales, releases due to the provision for warrants, and foreign currency translation adjustment (in thousands):

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Six Months

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Year

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Ended

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Ended

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June 30, 2023

    

December 31, 2022

Beginning balance

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$

81,066

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$

89,773

Provision for loss accrual

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13,721

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23,295

Releases to service cost of sales

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(13,364)

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(35,446)

Increase to loss accrual related to customer warrants

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499

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3,506

Foreign currency translation adjustment

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13

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(62)

Ending balance

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$

81,935

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$

81,066

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