12. Revenue

Disaggregation of revenue

The following table provides information about disaggregation of revenue (in thousands):


Major products/services lines
	Three months ended March 31,
	2020		2019
Sales of fuel cell systems	$	14,651	$	1,241
Sale of hydrogen installations and other infrastructure		5,736		1,303
Services performed on fuel cell systems and related infrastructure		6,521		6,343
Power Purchase Agreements		6,496		6,110
Fuel delivered to customers		7,333		6,582
Other		76		—
Net revenue	$	40,813	$	21,579

Contract balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):


	March 31,		December 31,
	2020		2019
Accounts receivable	$	24,437	$	25,448
Contract assets		20,581		13,251
Contract liabilities		45,129		43,480

Contract assets relate to contracts for which revenue is recognized on a straight-line basis, however billings escalate over the life of a contract. Contract assets also include amounts recognized as revenue in advance of billings to customers, which are dependent upon the satisfaction of another performance obligation. These amounts are included within prepaid expenses and other current assets on the accompanying unaudited interim condensed consolidated balance sheets.

The contract liabilities relate to the advance consideration received from customers for services that will be recognized over time (primarily fuel cell and related infrastructure services). Contract liabilities also include advance consideration received from customers prior to delivery of products. These amounts are included within deferred revenue on the accompanying unaudited interim condensed consolidated interim balance sheets.

Significant changes in the contract assets and the contract liabilities balances during the period are as follows (in thousands):



Contract assets	Three months ended
	March 31, 2020
Transferred to receivables from contract assets recognized at the beginning of the period	$	(141)
Revenue recognized and not billed as of the end of the period		7,471
Net change in contract assets		7,330


Contract liabilities	Three months ended
	March 31, 2020
Increases due to cash received, net of amounts recognized as revenue during the period	$	7,442
Revenue recognized that was included in the contract liability balance as of the beginning of the period		(5,793)
Net change in contract liabilities	$	1,649

Estimated future revenue

The following table includes estimated revenue expected to be recognized in the future (sales of fuel cell systems and hydrogen installations are expected to be recognized as revenue within one year; sales of services and PPAs are expected to be recognized as revenue over five to seven years) related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period, excluding provision for common stock warrants as it is not readily estimable as it depends on the valuation of the common stock warrants when revenue is recognized (in thousands):



	March 31,
	2020
Sales of fuel cell systems	$	76,433
Sale of hydrogen installations and other infrastructure		69,440
Services performed on fuel cell systems and related infrastructure		97,530
Power Purchase Agreements		142,002
Other rental income		4,531
Total estimated future revenue	$	389,936

Contract costs

Contract costs consist of capitalized commission fees and other expenses related to obtaining or fulfilling a contract.

Capitalized contract costs at March 31, 2020 and December 31, 2019 were $0.5 million and $0.5, respectively. Expense related to the amortization of capitalized contract costs was not significant for the three months ended March 31, 2020 and 2019.