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Prepaid and other current assets (Tables)
12 Months Ended
Dec. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]  
Schedule of Prepaid and Other Current Assets

Prepaid and other current assets consisted of the following:

(in thousands)

 

December 31, 2023

 

 

December 31, 2022

 

Vendor deposits

 

$

6,187

 

 

$

5,085

 

Prepaid expenses

 

 

1,251

 

 

 

3,544

 

Prepaid taxes

 

 

447

 

 

 

163

 

Deferred cost of revenue

 

 

666

 

 

 

 

Surety collateral

 

 

 

 

 

107

 

Other current assets

 

 

5,538

 

 

 

1,405

 

Total

 

$

14,089

 

 

$

10,304

 

 

At December 31, 2023, other current assets included $3.0 million of (i) a short-term interest-bearing loan to a customer, as well as (ii) a non-interest bearing customer advance, both of which are for pre-project construction financing activities. The amounts are secured by customer assets and, additionally, in one case by a financial guarantee.