Quarterly report pursuant to Section 13 or 15(d)

Other Current Liabilities

v3.7.0.1
Other Current Liabilities
3 Months Ended
Jun. 30, 2017
Other Current Liabilities  
Other Current Liabilities

14.  Other Current Liabilities

The Company is a party to a Development and License Agreement with Carrier Corporation (“Carrier”) regarding the payment of royalties on the sale of each of the Company’s 200 kilowatt (“C200”) microturbines. Carrier earned $0.2 million in royalties for C200 and C1000 Series system sales during each of the first quarter of Fiscal 2018 and 2017. Earned royalties of approximately $0.2 million and $0.3 million were unpaid as of June 30, 2017 and March 31, 2017, respectively, and are included in accrued expenses in the accompanying balance sheets.