Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

v3.24.1.u1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2024
SEGMENT INFORMATION  
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 March 31, 2024

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

26,012

$

7,315

$

2,304

$

35,631

Services

 

2,573

 

2,132

 

264

 

4,969

Total

$

28,585

$

9,447

$

2,568

$

40,600

Revenue for the three months ended March 31, 2023

    

Americas

    

EMEA

    

APAC

    

Total

Products

$

24,258

$

8,722

$

3,717

$

36,697

Services

 

2,783

 

1,537

 

299

 

4,619

Total

$

27,041

$

10,259

$

4,016

$

41,316

Schedule of disaggregation of revenue

During the three months ended March 31, 2024 and 2023, 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

March 31, 

2024

    

2023

Revenue recognized at a point in time

$

35,631

$

36,697

Revenue recognized over time

 

4,969

 

4,619

Total

$

40,600

$

41,316

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):

March 31, 

December 31, 

2024

2023

Americas

$

42,088

$

46,390

EMEA

13,299

13,320

APAC

5,376

5,853

Total long-lived assets

$

60,763

$

65,563