Subsequent Events	12 Months Ended
Oct. 31, 2024
Subsequent Events
Subsequent Events	Note 22. Subsequent Events Global Restructuring On November 15, 2024, the Company announced a global restructuring of its operations in the U.S., Canada and Germany that aims to reduce operating costs, realign resources toward advancing the Company’s core technologies, and protect the Company’s competitive position amid slower-than-expected investments in clean energy. In connection with the restructuring plan, the Company reduced its workforce by approximately 13% or 75 employees in November 2024. The actions under the restructuring plan are expected to be substantially completed by the end of the first quarter of fiscal year 2025. In connection with the restructuring plan and workforce reduction, the Company estimates it will incur aggregate restructuring-related costs and charges of approximately $1.7 million to $2.0 million in cash costs related to severance payments and other employee termination benefits. These charges are expected to be recorded in the first quarter of fiscal year 2025. Groton Tax Equity Financing Transaction During the first quarter of fiscal year 2025, on December 12, 2024 the Company closed on the second annual funding related to the tax equity financing for the Groton Project. The Company achieved all conditions precedent required for the second annual funding from East West Bank under the tax equity financing transaction between the Company and East West Bank and, as a result, the Company received a $4.0 million contribution which will be recorded as noncontrolling interest on the Consolidated Balance Sheets.

Subsequent Events

12 Months Ended

Oct. 31, 2024

Note 22. Subsequent Events

Global Restructuring

On November 15, 2024, the Company announced a global restructuring of its operations in the U.S., Canada and Germany that aims to reduce operating costs, realign resources toward advancing the Company’s core technologies, and protect the Company’s competitive position amid slower-than-expected investments in clean energy. In connection with the restructuring plan, the Company reduced its workforce by approximately 13% or 75 employees in November 2024.

The actions under the restructuring plan are expected to be substantially completed by the end of the first quarter of fiscal year 2025. In connection with the restructuring plan and workforce reduction, the Company estimates it will incur aggregate restructuring-related costs and charges of approximately $1.7 million to $2.0 million in cash costs related to severance payments and other employee termination benefits. These charges are expected to be recorded in the first quarter of fiscal year 2025.

Groton Tax Equity Financing Transaction

During the first quarter of fiscal year 2025, on December 12, 2024 the Company closed on the second annual funding related to the tax equity financing for the Groton Project. The Company achieved all conditions precedent required for the second annual funding from East West Bank under the tax equity financing transaction between the Company and East West Bank and, as a result, the Company received a $4.0 million contribution which will be recorded as noncontrolling interest on the Consolidated Balance Sheets.