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Revenues (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Net Revenues Based On Geography Location

The following tables present the Company’s net revenues disaggregated by geography based on the location of the customer, by product line (in thousands):

 

 

Three Months Ended September 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

21,279

 

 

$

18,889

 

 

$

40,168

 

Europe

 

 

10,392

 

 

 

5,808

 

 

 

16,200

 

Asia Pacific

 

 

17,024

 

 

 

33,623

 

 

 

50,647

 

All other

 

 

737

 

 

 

92

 

 

 

829

 

 

$

49,432

 

 

$

58,412

 

 

$

107,844

 

 

 

Nine Months Ended September 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

60,764

 

 

$

48,426

 

 

$

109,190

 

Europe

 

 

24,893

 

 

 

15,869

 

 

 

40,762

 

Asia Pacific

 

 

46,998

 

 

 

112,686

 

 

 

159,684

 

All other

 

 

2,536

 

 

 

235

 

 

 

2,771

 

 

$

135,191

 

 

$

177,216

 

 

$

312,407

 

 

 

Three Months Ended September 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

21,559

 

 

$

9,303

 

 

$

30,862

 

Europe

 

 

7,101

 

 

 

1,954

 

 

 

9,055

 

Asia Pacific

 

 

14,800

 

 

 

47,704

 

 

 

62,504

 

All other

 

 

456

 

 

 

241

 

 

 

697

 

 

$

43,916

 

 

$

59,202

 

 

$

103,118

 

 

 

Nine Months Ended September 30, 2022

 

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

54,288

 

 

$

32,711

 

 

$

86,999

 

Europe

 

 

19,184

 

 

 

6,951

 

 

 

26,135

 

Asia Pacific

 

 

38,167

 

 

 

139,749

 

 

 

177,916

 

All other

 

 

2,157

 

 

 

379

 

 

 

2,536

 

 

$

113,796

 

 

$

179,790

 

 

$

293,586

 

Summary of Net Revenues Disaggregated by Geography

The following tables present the Company’s net revenues disaggregated by the category of revenue, by product line (in thousands):

 

 

Three Months Ended
September 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

27,748

 

 

$

37,384

 

 

$

65,132

 

Stocking distributors, net of sales allowances

 

 

21,461

 

 

 

9,673

 

 

 

31,134

 

Non-recurring engineering

 

 

223

 

 

 

6,726

 

 

 

6,949

 

Royalties

 

 

 

 

 

4,269

 

 

 

4,269

 

Other

 

 

 

 

 

360

 

 

 

360

 

 

$

49,432

 

 

$

58,412

 

 

$

107,844

 

 

 

 

Nine Months Ended September 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

82,669

 

 

$

134,953

 

 

$

217,622

 

Stocking distributors, net of sales allowances

 

 

51,536

 

 

 

21,070

 

 

 

72,606

 

Non-recurring engineering

 

 

986

 

 

 

11,650

 

 

 

12,636

 

Royalties

 

 

 

 

 

8,745

 

 

 

8,745

 

Other

 

 

 

 

 

798

 

 

 

798

 

 

$

135,191

 

 

$

177,216

 

 

$

312,407

 

 

 

Three Months Ended September 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

29,051

 

 

$

53,033

 

 

$

82,084

 

Stocking distributors, net of sales allowances

 

 

14,288

 

 

 

2,869

 

 

 

17,157

 

Non-recurring engineering

 

 

577

 

 

 

2,249

 

 

 

2,826

 

Royalties

 

 

 

 

 

1,033

 

 

 

1,033

 

Other

 

 

 

 

 

18

 

 

 

18

 

 

$

43,916

 

 

$

59,202

 

 

$

103,118

 

 

 

Nine Months Ended September 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

77,018

 

 

$

162,483

 

 

$

239,501

 

Stocking distributors, net of sales allowances

 

 

35,960

 

 

 

9,715

 

 

 

45,675

 

Non-recurring engineering

 

 

818

 

 

 

5,543

 

 

 

6,361

 

Royalties

 

 

 

 

 

1,995

 

 

 

1,995

 

Other

 

 

 

 

 

54

 

 

 

54

 

 

$

113,796

 

 

$

179,790

 

 

$

293,586

 

Summary of Changes in Contract Assets And Liabilities

The following table presents the changes in certain contract assets and (liabilities) (in thousands):

 

 

September 30, 2023

 

 

December 31, 2022

 

 

Change

 

Short-term deferred revenue and customer prepayments

 

$

(3,618

)

 

$

(13,197

)

 

$

9,579

 

Long-term deferred revenue

 

 

(1,380

)

 

 

(145

)

 

$

(1,235

)

Deferred expenses

 

 

30

 

 

 

577

 

 

$

(547

)

Sales allowances

 

 

(2,553

)

 

 

(1,661

)

 

$

(892

)