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Revenue | 6 Months Ended
--- | ---
Jul. 03, 2022
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue Wafer Services Contract In March 2022, we signed a new contract with a significant wafer services customer. Under the contract, orders are non-cancellable and we have an enforceable right to complete the orders and to payment for any finished or in-process wafers plus a reasonable margin. The wafers produced for that customer are highly customized and have no alternative use to us. Control of these wafers is deemed to transfer to the customer over time during the fabrication process, using the same measure of progress toward satisfying the promise to deliver the units to the customer. Consequently, the transaction price is recognized as revenue over time based on actual costs incurred in the fabrication process to date relative to total expected costs to produce all wafers beginning in March 2022. The contract terms and pricing is applicable to all in-process and future wafers. We recorded revenue of $8,230 in the first six months of 2022 to account for recognition of wafer services activities in process at the date the contract was signed. Disaggregated Revenue The following table discloses revenue by product type and the timing of recognition of revenue for transfer of goods and services to customers:
| Three Months Ended July 3, 2022
| Topic 606 Revenue |  |  |  |
| Point-in-Time |  | Over Time |  | Lease Revenue |  | Total Revenue
Wafer Services | $ | 3,519 |  |  | $ | 14,065 |  |  | $ | — |  |  | $ | 17,584 |
Advanced Technology Services |  |  |  |  |  |  |
T&M | — |  |  | 20,000 |  |  | — |  |  | 20,000 |
Fixed Price | — |  |  | 8,656 |  |  | — |  |  | 8,656 |
Other | — |  |  | — |  |  | 1,167 |  |  | 1,167 |
Total Advanced Technology Services | — |  |  | 28,656 |  |  | 1,167 |  |  | 29,823 |
Total revenue | $ | 3,519 |  |  | $ | 42,721 |  |  | $ | 1,167 |  |  | $ | 47,407 |
| Three Months Ended July 4, 2021
| Topic 606 Revenue |  |  |  |
| Point-in-Time |  | Over Time |  | Lease Revenue |  | Total Revenue
Wafer Services | $ | 14,312 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,312 |
Advanced Technology Services |  |  |  |  |  |  |
T&M | — |  |  | 10,692 |  |  | — |  |  | 10,692 |
Fixed Price | — |  |  | 15,018 |  |  | — |  |  | 15,018 |
Other | — |  |  | — |  |  | 1,167 |  |  | 1,167 |
Total Advanced Technology Services | — |  |  | 25,710 |  |  | 1,167 |  |  | 26,877 |
Total revenue | $ | 14,312 |  |  | $ | 25,710 |  |  | $ | 1,167 |  |  | $ | 41,189 |
| Six Months Ended July 3, 2022 |  |  |  |  |  |  |  |
| Topic 606 Revenue |  |  |  |  |  |  |  |  |  |  |  |
| Point-in-Time |  | Over Time |  | Lease Revenue |  | Total Revenue |  |  |  |  |  |  |  |
Wafer Services | $ | 16,724 |  |  | $ | 22,406 |  |  | $ | — |  |  | $ | 39,130 |  |  |  |  |  |  |  |  |
Advanced Technology Services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
T&M | — |  |  | 38,908 |  |  | — |  |  | 38,908 |  |  |  |  |  |  |  |  |
Fixed Price | — |  |  | 15,156 |  |  | — |  |  | 15,156 |  |  |  |  |  |  |  |  |
Other | — |  |  | — |  |  | 2,334 |  |  | 2,334 |  |  |  |  |  |  |  |  |
Total Advanced Technology Services | — |  |  | 54,064 |  |  | 2,334 |  |  | 56,398 |  |  |  |  |  |  |  |  |
Total revenue | $ | 16,724 |  |  | $ | 76,470 |  |  | $ | 2,334 |  |  | $ | 95,528 |  |  |  |  |  |  |  |  |
| Six Months Ended July 4, 2021 |  |  |  |  |  |
| Topic 606 Revenue |  |  |  |  |  |  |  |  |  |
| Point-in-Time |  | Over Time |  | Lease Revenue |  | Total Revenue |  |  |  |  |  |
Wafer Services | $ | 24,331 |  |  | $ | — |  |  | $ | — |  |  | $ | 24,331 |  |  |  |  |  |  |
Advanced Technology Services |  |  |  |  |  |  |  |  |  |  |  |  |
T&M | — |  |  | 21,484 |  |  | — |  |  | 21,484 |  |  |  |  |  |  |
Fixed Price | — |  |  | 41,141 |  |  | — |  |  | 41,141 |  |  |  |  |  |  |
Other | — |  |  | — |  |  | 2,334 |  |  | 2,334 |  |  |  |  |  |  |
Total Advanced Technology Services | — |  |  | 62,625 |  |  | 2,334 |  |  | 64,959 |  |  |  |  |  |  |
Total revenue | $ | 24,331 |  |  | $ | 62,625 |  |  | $ | 2,334 |  |  | $ | 89,290 |  |  |  |  |  |  |
The following table discloses revenue by country as determined based on customer address:
| Three Months Ended |  | Six Months Ended
| July 3, 2022 |  | July 4, 2021 |  | July 3, 2022 |  | July 4, 2021
United States | $ | 38,550 |  |  | $ | 36,612 |  |  | $ | 80,908 |  |  | $ | 80,233 |
United Kingdom | 1,443 |  |  | 2,367 |  |  | 3,224 |  |  | 4,453 |
Canada | 1,864 |  |  | 1,547 |  |  | 3,534 |  |  | 3,156 |
All others | 5,550 |  |  | 663 |  |  | 7,862 |  |  | 1,448 |
| $ | 47,407 |  |  | $ | 41,189 |  |  | $ | 95,528 |  |  | $ | 89,290 |
Deferred Contract Costs We recognized amortization of deferred contract costs in our condensed consolidated statements of operations totaling $399 and $426 for the three months ended July 3, 2022 and July 4, 2021, respectively, and $594 and $977 for the six months ended July 3, 2022 and July 4, 2021, respectively. Contract Assets Contract assets are $26,005 and $16,303 at July 3, 2022 and January 2, 2022, respectively, and are included in accounts receivable, net in our condensed consolidated balance sheets. The contract assets balance at July 3, 2022 includes the impact from the new wafer services contract described above, in which we recorded revenue and contract assets of $8,230 for in-process wafers. Contract Liabilities The contract liabilities and other significant components of deferred revenue are as follows:
| July 3, 2022 |  | January 2, 2022
| Contract Liabilities |  | Deferred Lease Revenue |  | Total Deferred Revenue |  | Contract Liabilities |  | Deferred Lease Revenue |  | Total Deferred Revenue
Current | $ | 19,673 |  |  | $ | 4,666 |  |  | $ | 24,339 |  |  | $ | 16,141 |  |  | $ | 4,667 |  |  | $ | 20,808 |
Long-term | 70,448 |  |  | 8,944 |  |  | 79,392 |  |  | 76,816 |  |  | 11,278 |  |  | 88,094 |
Total | $ | 90,121 |  |  | $ | 13,610 |  |  | $ | 103,731 |  |  | $ | 92,957 |  |  | $ | 15,945 |  |  | $ | 108,902 |
The decrease in contract liabilities from January 2, 2022 to July 3, 2022 was primarily the result of completion of specific performance obligations for our customers. Approximately 8% of our total contract liabilities at January 2, 2022 were recognized in revenue in the first six months of 2022. Approximately 20% of our total contract liabilities at January 3, 2021 were recognized in revenue in the first six months of 2021. Remaining Performance Obligations As of July 3, 2022, we had approximately $88,521 of transaction price allocated to remaining performance obligations that are unsatisfied (or partially satisfied) on contracts with an original expected duration of one year or more, which are primarily related to Advanced Technology Services contracts. We expect to recognize those remaining performance obligations as follows:
Within one year | $ | 18,074 |
From one to two years | 16,483 |
From two to three years | 11,394 |
After three years | 42,570 |
Total | $ | 88,521 |
We do not disclose the value of remaining performance obligations for contracts with an original expected duration of one year or less. Further, we do not adjust the promised amount of consideration for the effects of a significant financing component if we expect, at contract inception, that the period between when we transfer a promised good or service to a customer and when the customer pays for that good or service will be one year or less.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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