Restricted Cash (Tables)

3 Months Ended

Jan. 31, 2023

Restricted Cash.

Summary of Allocation of Restricted Cash

The allocation of restricted cash is as follows (in thousands):

	January 31,		October 31,
	2023		2022
Cash Restricted for Outstanding Letters of Credit (1)	$	4,993	$	4,993
Cash Restricted for PNC Sale-Leaseback Transactions (2)		5,424		5,010
Cash Restricted for Crestmark Sale-Leaseback Transactions (3)		2,896		2,894
Bridgeport Fuel Cell Park Project Debt Service and Performance Reserves (4)		9,441		8,746
Other		1,857		1,346
Total Restricted Cash		24,611		22,989
Restricted Cash and Cash Equivalents – Short-Term (5)		(4,456)		(4,423)
Restricted Cash and Cash Equivalents – Long-Term	$	20,155	$	18,566

(1) Letters of credit outstanding as of January 31, 2023 expire on various dates through August 2028.

(2) Long and short-term reserve that is to be used primarily to fund future module exchanges for operating projects falling under the PNC sale leaseback obligations.

(3) Long and short-term reserve that is to be used primarily to fund future module exchanges and other performance obligations.  

(4) Long and short-term reserves for the Bridgeport Fuel Cell Park Project to fund future module exchanges and other performance requirements.

(5) Short-term restricted cash and cash equivalents are amounts expected to be released and classified as unrestricted cash within twelve months of the balance sheet date.