Extended Maintenance Contracts

6 Months Ended

Jun. 30, 2023

Extended Maintenance Contracts

Extended Maintenance Contracts

4. Extended Maintenance Contracts

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):

	Six Months		Year
	Ended		Ended
	June 30, 2023		December 31, 2022
Beginning balance	$	81,066	$	89,773
Provision for loss accrual		13,721		23,295
Releases to service cost of sales		(13,364)		(35,446)
Increase to loss accrual related to customer warrants		499		3,506
Foreign currency translation adjustment		13		(62)
Ending balance	$	81,935	$	81,066