XML 34 R25.htm IDEA: XBRL DOCUMENT
v3.23.2

Revenue (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Total revenue based on the disaggregation criteria described above, as well as revenue by segment, are as follows (in thousands):
| Three Months Ended June 30,
| 2023 |  | 2022
| Revenue |  | % of Revenue |  | Revenue |  | % of Revenue
Revenue by primary geographical market: |  |  |  |  |  |  |
North America | $ | 13,776 |  |  | 85 | % |  | $ | 8,716 |  |  | 88 | %
Asia Pacific | 393 |  |  | 2 | % |  | 932 |  |  | 9 | %
Europe and Middle East | 2,028 |  |  | 13 | % |  | 284 |  |  | 3 | %
Total | $ | 16,197 |  |  | 100 | % |  | $ | 9,932 |  |  | 100 | %
Revenue by timing of recognition: |  |  |  |  |  |  |
Recognized at a point in time | $ | 9,932 |  |  | 61 | % |  | $ | 1,798 |  |  | 18 | %
Recognized over time | 6,265 |  |  | 39 | % |  | 8,134 |  |  | 82 | %
Total | $ | 16,197 |  |  | 100 | % |  | $ | 9,932 |  |  | 100 | %
Revenue by segment: |  |  |  |  |  |  |
Autonomy Solutions | $ | 9,738 |  |  | 60 | % |  | $ | 4,179 |  |  | 42 | %
ATS | 6,459 |  |  | 40 | % |  | 5,753 |  |  | 58 | %
Total | $ | 16,197 |  |  | 100 | % |  | $ | 9,932 |  |  | 100 | %
| Six Months Ended June 30,
| 2023 |  | 2022
| Revenue |  | % of Revenue |  | Revenue |  | % of Revenue
Revenue by primary geographical market: |  |  |  |  |  |  |
North America | $ | 26,974 |  |  | 88 | % |  | $ | 13,684 |  |  | 81 | %
Asia Pacific | 985 |  |  | 3 | % |  | 2,792 |  |  | 17 | %
Europe and Middle East | 2,747 |  |  | 9 | % |  | 311 |  |  | 2 | %
Total | $ | 30,706 |  |  | 100 | % |  | $ | 16,787 |  |  | 100 | %
Revenue by timing of recognition: |  |  |  |  |  |  |
Recognized at a point in time | $ | 17,290 |  |  | 56 | % |  | $ | 3,339 |  |  | 20 | %
Recognized over time | 13,416 |  |  | 44 | % |  | 13,448 |  |  | 80 | %
Total | $ | 30,706 |  |  | 100 | % |  | $ | 16,787 |  |  | 100 | %
Revenue by segment: |  |  |  |  |  |  |
Autonomy Solutions | $ | 20,411 |  |  | 66 | % |  | $ | 10,077 |  |  | 60 | %
ATS | 10,295 |  |  | 34 | % |  | 6,710 |  |  | 40 | %
Total | $ | 30,706 |  |  | 100 | % |  | $ | 16,787 |  |  | 100 | %
Schedule of Opening and Closing Balances of Contract Liabilities and Significant Changes in Contract Liabilities | The opening and closing balances of contract assets were as follows (in thousands):
| June 30, 2023 |  | December 31, 2022
Contract assets, current | $ | 8,038 |  |  | $ | 15,395 |
Contract assets, non-current | 7,513 |  |  | 2,575 |
Ending balance | $ | 15,551 |  |  | $ | 17,970 |
The significant changes in contract assets balances consisted of the following (in thousands):
| June 30, 2023 |  | December 31, 2022
Beginning balance | $ | 17,970 |  |  | $ | 9,907 |
Amounts billed that were included in the contract assets beginning balance | (8,373) |  |  | (4,228) |
Revenue recognized for performance obligations that have been satisfied but for which amounts have not been billed | 5,954 |  |  | 12,291 |
Ending balance | $ | 15,551 |  |  | $ | 17,970 |
The opening and closing balances of contract liabilities were as follows (in thousands):
| June 30, 2023 |  | December 31, 2022
Contract liabilities, current | $ | 4,143 |  |  | $ | 1,993 |
Contract liabilities, non-current | — |  |  | 1,015 |
Ending balance | $ | 4,143 |  |  | $ | 3,008 |
The significant changes in contract liabilities balances consisted of the following (in thousands):
| June 30, 2023 |  | December 31, 2022
Beginning balance | $ | 3,008 |  |  | $ | 898 |
Revenue recognized that was included in the contract liabilities beginning balance | (1,615) |  |  | (489) |
Increase due to cash received and not recognized as revenue and billings in excess of revenue recognized during the period | 2,750 |  |  | 2,599 |
Ending balance | $ | 4,143 |  |  | $ | 3,008 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration