Note 9. Accrued Liabilities Accrued liabilities as of January 31, 2024 and October 31, 2023 consisted of the following (in thousands): | | | | | | | | | January 31, | | October 31, | | | 2024 | | 2023 | Accrued payroll and employee benefits (1) | | $ | 4,093 | | $ | 7,752 | Consideration payable to a customer (2) | | | 3,958 | | | 3,958 | Accrued service agreement and PPA costs (3) | | | 10,756 | | | 10,742 | Accrued legal, taxes, professional and other | | | 3,516 | | | 3,861 | Accrued liabilities | | $ | 22,323 | | $ | 26,313 |
| (1) | The balance in this account represents accrued payroll, payroll taxes and accrued bonus for both periods. The decrease in the account relates to a decrease in accrued bonus as of January 31, 2024 due to the payout in January 2024 of bonuses earned under the 2023 Management Incentive Plan. |
| (2) | The balance represents the net amount due to Toyota as an accrued liability, which will be reduced over time against billings to Toyota for hydrogen sales under the terms of the Toyota HPPA. |
| (3) | Accrued service agreement costs include loss accruals on service agreements of $9.5 million as of January 31, 2024 and October 31, 2023. The accruals for performance guarantees on service agreements and PPAs were $1.2 million as of January 31, 2024 and October 31, 2023. |
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