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Revenue
6 Months Ended
Jun. 30, 2019
Revenue [Abstract]  
Revenue

NOTE 8. REVENUE



As of June 30, 2019, we had a total of $8.2 million of deferred service revenue from our service contracts, $6.7 million of which was recorded as “Deferred service revenue, current” to be recognized over the next year and the remaining $1.5 million was recorded as “Deferred service revenue, non-current” to be recognized in the next 2 to 4 years. Revenue recorded in the three and six months ended June 30, 2019 includes $1.9 million and $4.3 million, respectively, of previously deferred revenue that was included in “Deferred service revenue, current” as of December 31, 2018. Contract assets as of June 30, 2019 and December 31, 2018 were not material.

As of June 30, 2019, we had a total of $0.4 million of deferred commissions included in “Prepaid expenses and other current assets” which is recognized as the related revenue is recognized. Additionally, as a practical expedient, we expense costs to obtain a contract as incurred if the amortization period would have been a year or less.

A summary of our revenue by geographic location for the three and six months ended June 30, 2019 and 2018 is as follows (in thousands): 





 

 

 

 

 

 

 

 

 

 

 

 



Three Months Ended June 30,

 

Six Months Ended June 30,

 



2019

 

2018

 

2019

 

2018

 

North America

$

14,222 

 

$

9,204 

 

$

23,209 

 

$

17,015 

 

Europe (including the Middle East and Africa)

 

3,414 

  

 

3,687 

 

 

6,478 

  

 

7,700 

 

Asia Pacific

 

6,985 

  

 

8,687 

 

 

11,359 

  

 

16,225 

 

Total

$

24,621 

  

$

21,578 

 

$

41,046 

  

$

40,940 

 



A summary of our revenue by category for the three and six months ended June 30, 2019 and 2018 is as follows (in thousands):





 

 

 

 

 

 

 

 

 

 

 



Three Months Ended June 30,

 

Six Months Ended June 30,

(in thousands)

2019

 

2018

 

2019

 

2018

Instrument revenue

$

12,664 

 

$

8,525 

 

$

18,287 

 

$

15,669 

Consumable revenue

 

8,586 

  

 

9,960 

 

 

16,420 

  

 

19,098 

Product revenue

 

21,250 

 

 

18,485 

 

 

34,707 

 

 

34,767 

Service and other revenue

 

3,371 

 

 

3,093 

 

 

6,339 

 

 

6,173 

Total revenue

$

24,621 

 

$

21,578 

 

$

41,046 

 

$

40,940