XML 48 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1
Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregated information is as follows (in thousands):
Year Ended December 31,
202320222021
Major products and service:
Product revenue$42,906 $116,676 $70,657 
Research and development revenue27,237 21,914 34,097 
Total revenues$70,143 $138,590 $104,754 
Primary geographical markets:
Americas
$13,733 $17,000 $23,481 
EMEA
22,907 56,540 20,187 
APAC
33,503 65,050 61,086 
Total revenues$70,143 $138,590 $104,754 
Contract with Customer
The following table presents balances of contract assets, unbilled receivables, contract costs, and contract liabilities (in thousands):
December 31, 2023December 31, 2022
Contract assets$815 $2,116 
Unbilled receivables$9,904 $7,016 
Contract costs$— $19 
Contract liabilities: deferred revenue$10,761 $30,609 
We recognized the following revenues (in thousands):
Year Ended December 31,
Revenue recognized in the period for:20232022
Amounts included in contract liabilities at the beginning of the period:
Performance obligations satisfied$17,937 $2,038 
Changes in the period:
Changes in the estimated transaction price allocated to performance obligations satisfied in prior periods4,165 279 
Performance obligations satisfied from new activities in the period - contract revenue48,041 136,273 
Total revenues$70,143 $138,590 
Performance Obligation, Expected Timing of Satisfaction
The balances in the table below are partially based on judgments involved in estimating future orders from customers subject to the exercise of material rights pursuant to respective contracts (in thousands):
2024202520262027 and ThereafterTotal
Product revenue$10,121 $140 $140 $360 $10,761