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RELATED PARTY TRANSACTIONS
 9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
During the three and nine months ended September 30, 2024, the Company recognized revenue of $4 thousand and $0.5 million, respectively, for reimbursable expenses, sale of energy storage systems, and extended warranty services provided to related parties. During the three and nine months ended September 30, 2023, the Company recognized revenue of $1 thousand and $3 thousand, respectively, for extended warranty services provided to related parties.
As of September 30, 2024, the Company had $40 thousand of deferred revenue for extended warranty services and equipment to related parties and $18 thousand of outstanding accounts receivable from related parties. As of
December 31, 2023, the Company had recorded deferred revenue of $1 thousand for extended warranty services provided to related parties and $29 thousand of outstanding accounts receivable from related parties.
As of September 30, 2024 and December 31, 2023, the Company recorded a non-refundable deposit for future equipment purchases by Honeywell of $14.4 million within non-current deferred revenue. As of December 31, 2023, the Company recorded $0.6 million in current deferred revenue which was subsequently recognized as revenue during the nine months ended September 30, 2024. As of September 30, 2024 and December 31, 2023, the value of the initial Performance Warrant issued to Honeywell was $0.7 million included within other non-current assets in the condensed balance sheets. During the nine months ended September 30, 2024, $27 thousand of the value of the initial Performance Warrant was amortized as an offset to the revenue recognized in the period.