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Revenues
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
The following table disaggregates net revenue by geographic region from contracts with customers based on net revenues generated by subsidiaries within that geographic location (in thousands):
Year Ended December 31, 2023
SensorsWeighing SolutionsMeasurement SystemsTotal
United States$49,998 $55,421 $55,703 $161,122 
United Kingdom3,833 14,980 360 19,173 
Other Europe32,262 38,649 5,430 76,341 
Israel17,772 292 — 18,064 
Asia35,918 13,156 8,861 57,935 
Canada— 30 22,383 22,413 
$139,783 $122,528 $92,737 $355,048 
Year Ended December 31, 2022
SensorsWeighing SolutionsMeasurement SystemsTotal
United States$51,246 $58,076 $52,435 $161,757 
United Kingdom3,481 15,697 572 19,750 
Other Europe31,938 37,490 5,168 74,596 
Israel28,413 470 — 28,883 
Asia37,143 13,974 7,537 58,654 
Canada— 8 18,932 18,940 
$152,221 $125,715 $84,644 $362,580 
Year Ended December 31, 2021
SensorsWeighing SolutionsMeasurement SystemsTotal
United States$39,845 $52,542 $40,095 $132,482 
United Kingdom3,083 16,577 752 20,412 
Other Europe25,859 39,549 2,503 67,911 
Israel22,391 994 — 23,385 
Asia36,683 15,719 7,476 59,878 
Canada— 9 13,842 13,851 
$127,861 $125,390 $64,668 $317,919 

The following table disaggregates net revenue by market sector (in thousands):
Years Ended December 31,
202320222021
Test & Measurement$73,986 $78,406 $64,124 
Avionics, Military & Space38,270 31,399 27,303 
Transportation55,060 55,892 49,562 
Other Markets72,372 79,750 71,577 
Industrial Weighing43,898 52,109 50,626 
General Industrial19,917 21,179 16,771 
Steel51,545 43,845 37,956 
$355,048 $362,580 $317,919 
Contract Assets & Liabilities

Contract assets are established when revenues are recognized prior to a contractual payment due from the customer. When a payment becomes due based on the contract terms, the Company will reduce the contract asset and record a receivable. Contract liabilities are deferred revenues that are recorded when cash payments are received or due in advance of our
performance obligations. Our payment terms vary by the type and location of the products offered. The term between invoicing and when payment is due is not significant.

The outstanding contract assets and liability accounts were as follows (in thousands):
Contract AssetContract Liability
Unbilled RevenueAccrued Customer Advances
December 31, 2022$3,990 $7,983 
December 31, 2023$2,989 $8,712 
(Decrease) Increase$(1,001)$729 
The amount of revenue recognized during the year ended December 31, 2023 that was included in the contract liability balance at December 31, 2022 was $7.3 million.