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Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregated information is as follows (in thousands):
Three Months Ended March 31,
20252024
Primary geographical markets:
EMEA
$3,919 $2,572 
Americas
2,088 7,244 
APAC
1,536 7,257 
Total revenues$7,543 $17,073 
Contract with Customer
The following table presents balances of contract assets, unbilled receivables, and contract liabilities (in thousands):
March 31, 2025December 31, 2024
Contract assets$1,788 $4,375 
Unbilled receivables$3,849 $3,208 
Contract liabilities: deferred revenue$928 $450 
We recognized the following revenues (in thousands):
Three Months Ended March 31,
Revenue recognized in the period for:20252024
Amounts included in contract liabilities at the beginning of the period:
Performance obligations satisfied$250 $371 
Changes in the period:
Changes in the estimated transaction price allocated to performance obligations satisfied in prior periods387 189 
Performance obligations satisfied from new activities in the period - contract revenue6,906 16,513 
Total revenues$7,543 $17,073 
Performance Obligation, Expected Timing of Satisfaction
The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting periods. The estimated revenue does not include contracts with original durations of one year or less, amounts of variable consideration attributable to royalties, or contract renewals that are unexercised as of March 31, 2025.
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 as of March 31, 2025 (in thousands):
Remainder of 2025
20262027
2028 and Thereafter
Total
Product revenue$428 $140 $40 $320 $928