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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents total revenues by geographic area based on the location products were shipped to and services provided (in thousands):
| Three Months Ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Americas | $ | 13,570 |  |  | $ | 10,931 |  |  | $ | 24,194 |  |  | $ | 20,585 |
Asia and Pacific | 4,566 |  |  | 2,581 |  |  | 10,715 |  |  | 5,465 |
Europe, Middle East and Africa | 8,854 |  |  | 5,884 |  |  | 18,025 |  |  | 10,576 |
Total | $ | 26,990 |  |  | $ | 19,396 |  |  | $ | 52,934 |  |  | $ | 36,626 |
Country that accounted for more than 10% of revenue was as follows:
| Three Months Ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
United States | 47 | % |  | 55 | % |  | 42 | % |  | 55 | %
Sweden | 12 | % |  | — | % |  | 12 | % |  | — | %
Schedule of Contract Liabilities |
| June 30, 2024 |  | December 31, 2023 |  |
Contract liabilities, current |  |  |  |  |
Deferred revenues from licensing arrangements | $ | 6,800 |  |  | $ | 4,723 |  |  |
Other contract liabilities | 7,012 |  |  | 8,162 |  |  |
Contract liabilities, non-current portion |  |  |  |  |
Deferred revenues from licensing arrangements | 1,919 |  |  | 3,997 |  |  |
Other contract liabilities | 1,568 |  |  | 970 |  |  |
Total contract liabilities | $ | 17,299 |  |  | $ | 17,852 |  |  |
The following table provides information about contract liabilities (remaining performance obligations) and the significant changes in the balances three months ended June 30, 2024 and 2023 (in thousands):
| Six Months Ended June 30,
| 2024 |  | 2023
Beginning balance | $ | 17,852 |  |  | $ | 744 |
Contract liabilities acquired in the Velodyne Merger | — |  |  | 8,385 |
Net revenue deferred in the period | 1,085 |  |  | 6,145 |
Revenue recognized that was included in the contract liability balance at the beginning of the period | (1,638) |  |  | (232) |
Ending balance | $ | 17,299 |  |  | $ | 15,042 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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