Accrued Liabilities (Tables)

3 Months Ended

Jan. 31, 2022

Accrued liabilities as of January 31, 2022 and October 31, 2021 consisted of the following (in thousands):


	January 31,		October 31,
	2022		2021
Accrued payroll and employee benefits	$	2,723	$	2,544
Accrued product warranty cost ⁽¹⁾		297		72
Accrued service agreement and PPA costs⁽²⁾		8,667		9,112
Accrued legal, taxes, professional and other ⁽³⁾		14,301		4,371
Accrued liabilities	$	25,988	$	16,099

(1)	The increase in accrued product warranty cost reflects the costs associated with the warranties provided under the POSCO Energy Settlement Agreement. Product warranty expense for the three months ended January 31, 2022 and 2021 was $0.2 million and $0.03 million, respectively.

(2)

Accrued service agreement costs include loss accruals on service agreements of $5.8 million and $6.5 million as of January 31, 2022 and October 31, 2021, respectively. The decrease is the result of realization of losses for the quarter ended January 31, 2022. The accruals for performance guarantees on service agreements and PPAs increased from $2.5 million as of October 31, 2021 to $2.7 million as of January 31, 2022.

(3)	The increase in legal accrual reflects the $10 million payable to Wiley Rein, LLP out of the agreed $24 million related to the Settlement Agreement as $14 million was paid on December 30, 2021.