v3.25.0.1
Accruals and Provisions
3 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Accruals and Provisions Accruals and Provisions
Accruals mainly represent milestones not yet invoiced for inventory such as, but not limited to, batteries, cubes, and inverters. According to master supply agreements between the Company and suppliers of our inventory, vendor invoices are issued according to contracted billing schedules with certain milestones invoiced after delivery, upon full installation and commissioning of the equipment at substantial completion and final completion project stages. Accruals and provisions consisted of the following:
In thousandsDecember 31, 2024September 30, 2024
Accruals
$438,042 $287,566 
Accruals with related parties
5,874 6,099 
Accruals for software development costs
4,772 10,903 
Provisions for expected project losses
10,731 14,652 
Current portion of warranty accrual
17,566 19,091 
Total
$476,985 $338,311