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 $0.3 million and $0.4 million in royalties for C200 and C1000 Series system sales during the three months ended December 31, 2015 and 2014, respectively. Carrier earned $0.9 million and $1.2 million in royalties for C200 and C1000 system sales during the nine months ended December 31, 2015 and 2014, respectively. Earned royalties of approximately $0.3 million and $0.4 million were unpaid as of December 31, 2015 and March 31, 2015, respectively, and are included in accrued expenses in the accompanying balance sheets.