XML 51 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Disaggregated information is as follows (in thousands):
Year Ended December 31,
202420232022
Major products and service:
Product revenue$36,786 $42,906 $116,676 
Research and development revenue22,559 27,237 21,914 
Total revenues$59,345 $70,143 $138,590 
Primary geographical markets:
Americas
$21,278 $13,733 $17,000 
EMEA
10,359 22,907 56,540 
APAC
27,708 33,503 65,050 
Total revenues$59,345 $70,143 $138,590 
Schedule of Contract with Customer
The following table presents balances of contract assets, unbilled receivables, and contract liabilities (in thousands):
December 31, 2024December 31, 2023
Contract assets$4,375 $815 
Unbilled receivables$3,208 $9,904 
Contract liabilities: deferred revenue$450 $10,761 
We recognized the following revenues (in thousands):
Year Ended December 31,
Revenue recognized in the period for:20242023
Amounts included in contract liabilities at the beginning of the period:
Performance obligations satisfied$10,121 $17,937 
Changes in the period:
Changes in the estimated transaction price allocated to performance obligations satisfied in prior periods314 4,165 
Performance obligations satisfied from new activities in the period - contract revenue48,910 48,041 
Total revenues$59,345 $70,143 
Schedule of 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):
2025202620272028 and ThereafterTotal
Product revenue$350 $100 $— $— $450