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Table of Contents
<br />AMERESCO, INC.
<br />NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
<br />(In thousands, except per share amounts)
<br />EBITDA target. The fair value of the remaining contingent consideration was $1,465 at December 31, 2023. An increase of $705 in the fair value of contingent consideration
<br />was included in selling, general and administrative expenses in our consolidated statements of income during the year ended December 31, 2023. The current portion of the
<br />contingent consideration is included in accrued expenses and other current liabilities and the non -current portion is included in other liabilities on the consolidated balance
<br />sheets.
<br />See Notes 4 and 18 for additional information
<br />16. GEOGRAPHIC INFORMATION
<br />The following table presents our long-lived assets related to our operations by geographic area
<br />Long-lived Tangible Assets
<br />United States
<br />Canada
<br />Europe
<br />Total long-lived assets
<br />As of December 31,
<br />2023 2022
<br />$ 1,670,322 $ 1,162,705
<br />23,549 24,590
<br />12,948 9,937
<br />$ 1,706,819 $ 1,197,232
<br />We attribute revenues to customers based on the location of the customer. The following table presents revenues by geographic region:
<br />Year Ended December 31,
<br />Revenues
<br />United States
<br />Canada
<br />Europe
<br />Total revenues
<br />17.OTHER EXPENSES, NET
<br />The following table presents the components of other expenses, net:
<br />(Gain) loss on derivatives
<br />Interest expense, net of interest income
<br />Amortization of debt discount and debt issuance costs
<br />Foreign currency transaction (gain) loss
<br />Government incentives
<br />Factoring fees
<br />Other expenses, net
<br />97
<br />2023
<br />2022
<br />2021
<br />$ 1,161,775
<br />$ 1,712,326
<br />$ 1,126,141
<br />63,367
<br />53,461
<br />45,782
<br />149,491
<br />58,635
<br />43,774
<br />$ 1,374,633
<br />$ 1,824,422
<br />$ 1,215,697
<br />Year Ended December 31,
<br />2023
<br />2022
<br />2021
<br />$ (1,108)
<br />$ (906)
<br />$ 240
<br />36,169
<br />26,423
<br />14,361
<br />4,201
<br />4,211
<br />2,849
<br />(581)
<br />144
<br />852
<br />(576)
<br />(2,599)
<br />(1,012)
<br />5,844
<br />$ 43,949
<br />$ 27,273
<br />$ 17,290
<br />
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