Registration of securities issued in business combination transactions

SEGMENT INFORMATION

v3.21.2
SEGMENT INFORMATION
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
SEGMENT INFORMATION    
SEGMENT INFORMATION

20. SEGMENT INFORMATION

In its operation of the business, management, including the Company’s chief operating decision maker, who is also Chief Executive Officer, reviews the business as one segment. The Company currently ships its product to markets in the Americas, Europe Middle East and Africa (“EMEA”), and Asia Pacific (“APAC”). Disaggregated revenue data for those markets is as follows (in thousands):

Revenue for the three months ended June 30, 2021

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

10,497

$

3,769

$

3,294

$

17,560

Services

 

904

 

381

 

132

 

1,417

Total

$

11,401

$

4,150

$

3,426

$

18,977

Revenue for the three months ended June 30, 2020

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

613

$

634

$

284

$

1,531

Services

 

282

 

333

 

43

 

658

Total

$

895

$

967

$

327

$

2,189

Revenue for the six months ended June 30, 2021

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

16,350

$

6,296

$

5,225

$

27,871

Services

 

1,610

 

596

 

213

 

2,419

Total

$

17,960

$

6,892

$

5,438

$

30,290

Revenue for the six months ended June 30, 2020

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

1,515

$

2,162

$

548

$

4,225

Services

 

609

 

656

 

84

 

1,349

Total

$

2,124

$

2,818

$

632

$

5,574

During the three and six months ended June 30, 2021 and 2020, the Company recognized the following revenue from service contracts and cloud-based software licenses over time, and hardware and consumable product shipments and subscription software at a point in time (in thousands):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2021

    

2020

    

2021

    

2020

Revenue recognized at a point in time

$

17,560

$

1,531

$

27,871

$

4,225

Revenue recognized over time

 

1,417

 

658

 

2,419

 

1,349

Total

$

18,977

$

2,189

$

30,290

$

5,574

The Company’s operations are principally in the United States. The locations of long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, are summarized as follows (in thousands):

June 30, 

December 31, 

2021

2020

Americas

$

16,031

$

12,160

EMEA

1,712

Total long-lived assets

$

17,744

$

12,160

19. SEGMENT INFORMATION

In its operation of the business, management, including the Company’s chief operating decision maker, who is also Chief Executive Officer, reviews the business as one segment. The Company currently ships its product to markets in the Americas, Europe Middle East and Africa (“EMEA”), and Asia Pacific (“APAC”). Disaggregated revenue data for those markets is as follows (in thousands):

Revenue during the year ended December 31, 2020

    

Americas

    

EMEA

    

APAC

    

Total

Product

$

5,250

$

6,629

$

1,839

$

13,718

Services

 

1,415

 

1,159

 

178

 

2,752

Total

$

6,665

$

7,788

$

2,017

$

16,470

Revenue during the year ended December 31, 2019

    

Americas

    

EMEA

    

APAC

    

Total

Product

$

12,746

$

8,430

$

1,582

$

22,758

Services

 

3,055

 

563

 

63

 

3,681

Total

$

15,801

$

8,993

$

1,645

$

26,439

During the years ended December 31, 2020 and 2019, the Company recognized the following revenue from service contracts and cloud-based software licenses over time, and hardware and consumable product shipments and subscription software at a point in time (in thousands):

Years Ended

December 31, 

    

2020

    

2019

Revenue recognized at a point in time

$

13,718

$

22,758

Revenue recognized over time

 

2,752

 

3,681

Total

$

16,470

$

26,439

The Company’s long-lived assets are substantially all located in the United States where the Company’s primary operations are located.