| Schedule of disaggregation of revenue by geographic areas |
Disaggregated revenue data for those markets is as follows (in thousands): Revenue for the three months ended September 30, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
29,615 |
|
$ |
9,105 |
|
$ |
4,217 |
|
$ |
42,937 |
Services |
|
|
2,457 |
|
|
1,279 |
|
|
413 |
|
|
4,149 |
Total |
|
$ |
32,072 |
|
$ |
10,384 |
|
$ |
4,630 |
|
$ |
47,086 |
Revenue for the three months ended September 30, 2021
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
17,556 |
|
$ |
5,031 |
|
$ |
1,362 |
|
$ |
23,949 |
Services |
|
|
1,005 |
|
|
327 |
|
|
157 |
|
|
1,489 |
Total |
|
$ |
18,561 |
|
$ |
5,358 |
|
$ |
1,519 |
|
$ |
25,438 |
Revenue for the nine months ended September 30, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
94,958 |
|
$ |
29,017 |
|
$ |
11,110 |
|
$ |
135,085 |
Services |
|
|
8,001 |
|
|
4,427 |
|
|
953 |
|
|
13,381 |
Total |
|
$ |
102,959 |
|
$ |
33,444 |
|
$ |
12,063 |
|
$ |
148,466 |
Revenue for the nine months ended September 30, 2021
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
33,907 |
|
$ |
11,326 |
|
$ |
6,587 |
|
$ |
51,820 |
Services |
|
|
2,615 |
|
|
923 |
|
|
370 |
|
|
3,908 |
Total |
|
$ |
36,522 |
|
$ |
12,249 |
|
$ |
6,957 |
|
$ |
55,728 |
|
| Schedule of disaggregation of revenue |
During the three and nine months ended September 30, 2022 and 2021, 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 |
|
Nine Months Ended |
|
|
September 30, |
|
September 30, |
|
|
2022 |
|
2021 |
|
2022 |
|
2021 |
Revenue recognized at a point in time |
|
$ |
42,937 |
|
$ |
23,949 |
|
$ |
135,085 |
|
$ |
51,820 |
Revenue recognized over time |
|
|
4,149 |
|
|
1,489 |
|
|
13,381 |
|
|
3,908 |
Total |
|
$ |
47,086 |
|
$ |
25,438 |
|
$ |
148,466 |
|
$ |
55,728 |
|
| Schedule of long lived assets |
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):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2022 |
|
2021 |
Americas |
|
$ |
59,492 |
|
$ |
58,355 |
EMEA |
|
|
15,526 |
|
|
11,289 |
APAC |
|
|
5,395 |
|
|
6,861 |
Total long-lived assets |
|
$ |
80,413 |
|
$ |
76,505 |
|