Accrued Liabilities

6 Months Ended

Apr. 30, 2023

Accrued Liabilities

Accrued Liabilities

Note 9. Accrued Liabilities

Accrued liabilities as of April 30, 2023 and October 31, 2022 consisted of the following (in thousands):

	April 30,		October 31,
	2023		2022
Accrued payroll and employee benefits (1)	$	6,482	$	8,534
Accrued product warranty cost		314		537
Accrued service agreement and PPA costs (2)		12,580		11,340
Accrued legal, taxes, professional and other		3,497		7,004
Accrued liabilities	$	22,873	$	27,415

(1) The balance in this account represents accrued payroll, payroll taxes and accrued bonus for both periods.  The decrease in the account relates to a decrease in accrued bonus as of April 30, 2023 due to the payout in January 2023 of bonuses earned under the 2022 Management Incentive Plan.

(2) Accrued service agreement costs include loss accruals on service agreements of $7.2 million and $7.3 million as of April 30, 2023 and October 31, 2022, respectively. The accruals for performance guarantees on service agreements and PPAs were $5.3 million and $4.1 million as of April 30, 2023 and October 31, 2022.