Commitments and contingencies |
3 Months Ended |
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Mar. 31, 2021 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and contingencies | Commitments and Contingencies We guarantee certain obligations of a former subsidiary of American DG Energy, to EuroSite Power Inc, a former subsidiary of the Company. These guarantees include a payment performance guarantee in respect of collateralized equipment financing loans, with a remaining principal amount outstanding subject to the guarantee at March 31, 2021 of approximately $42,846 due ratably in equal installments through September 2021, and certain guarantees of performance in respect of certain customer contracts. Based on current conditions, we do not believe there to be any amounts probable of payment by us under any of the guarantees and have estimated the value associated with the non-contingent aspect of the guarantees is approximately $7,000 which is recorded as a liability in the accompanying financial statements. |
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- References No definition available.
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- Definition The entire disclosure for commitments, contingencies, and guarantees. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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