| Schedule of disaggregation of revenue by geographic areas |
Revenue for the three months ended June 30, 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
29,344 |
|
$ |
13,933 |
|
$ |
4,121 |
|
$ |
47,398 |
Services |
|
|
3,110 |
|
|
2,257 |
|
|
521 |
|
|
5,888 |
Total |
|
$ |
32,454 |
|
$ |
16,190 |
|
$ |
4,642 |
|
$ |
53,286 |
Revenue for the three months ended June 30, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
37,414 |
|
$ |
11,319 |
|
$ |
3,939 |
|
$ |
52,672 |
Services |
|
|
2,738 |
|
|
1,948 |
|
|
316 |
|
|
5,002 |
Total |
|
$ |
40,152 |
|
$ |
13,267 |
|
$ |
4,255 |
|
$ |
57,674 |
Revenue for the six months ended June 30, 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
53,602 |
|
$ |
22,655 |
|
$ |
7,838 |
|
$ |
84,095 |
Services |
|
|
5,893 |
|
|
3,794 |
|
|
820 |
|
|
10,507 |
Total |
|
$ |
59,495 |
|
$ |
26,449 |
|
$ |
8,658 |
|
$ |
94,602 |
Revenue for the six months ended June 30, 2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
EMEA |
|
APAC |
|
Total |
Products |
|
$ |
65,343 |
|
$ |
19,912 |
|
$ |
6,893 |
|
$ |
92,148 |
Services |
|
|
5,544 |
|
|
3,148 |
|
|
540 |
|
|
9,232 |
Total |
|
$ |
70,887 |
|
$ |
23,060 |
|
$ |
7,433 |
|
$ |
101,380 |
|
| Schedule of disaggregation of revenue |
During the three and six months ended June 30, 2023 and 2022, 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, |
|
|
2023 |
|
2022 |
|
2023 |
|
2022 |
Revenue recognized at a point in time |
|
$ |
47,398 |
|
$ |
52,672 |
|
$ |
84,095 |
|
$ |
92,148 |
Revenue recognized over time |
|
|
5,888 |
|
|
5,002 |
|
|
10,507 |
|
|
9,232 |
Total |
|
$ |
53,286 |
|
$ |
57,674 |
|
$ |
94,602 |
|
$ |
101,380 |
|
| 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):
|
|
|
|
|
|
|
|
|
June 30, |
|
December 31, |
|
|
2023 |
|
2022 |
Americas |
|
$ |
48,875 |
|
$ |
56,145 |
EMEA |
|
|
15,555 |
|
|
16,399 |
APAC |
|
|
5,851 |
|
|
5,874 |
Total long-lived assets |
|
$ |
70,281 |
|
$ |
78,418 |
|