Extended Maintenance Contracts and Warranty Reserve (Tables)

12 Months Ended

Dec. 31, 2024

Extended Maintenance Contracts and Warranty Reserve

Schedule of accrual for loss contracts

The following table shows the roll forward of balances in the accrual for loss contracts (in thousands):

	Year ended		Year ended
	December 31, 2024		December 31, 2023
Beginning balance	$	137,853	$	81,066
Provision for loss accrual		45,226		85,375
Releases to service cost of sales		(51,578)		(29,713)
Increase to loss accrual related to customer warrants		3,313		971
Foreign currency translation adjustment		(458)		154
Ending balance	$	134,356	$	137,853

Schedule of product warranty reserve

	Year ended		Year ended
	December 31, 2024		December 31, 2023
Beginning balance	$	8,044	$	2,954
Additional provision due to new issuances		8,864		7,599
Adjustments to existing warranty provisions		(4,801)		(2,509)
Releases due to cash receipts		—		—
Ending balance	$	12,107	$	8,044