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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2025
Revenues [Abstract]  
Summary of Net Revenue by Major Geographic Region

The following table summarizes net revenue by major geographic region:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 (in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

EMEA(1)

 

$

21,569

 

 

$

8,639

 

 

$

51,380

 

 

$

21,426

 

Americas(2)

 

 

7,961

 

 

 

2,940

 

 

 

17,275

 

 

 

8,512

 

APAC

 

 

1,083

 

 

 

2,658

 

 

 

4,852

 

 

 

6,802

 

Total net revenue

 

$

30,613

 

 

$

14,237

 

 

$

73,507

 

 

$

36,740

 

(1)
Our net revenues generated from the Czech Republic, Germany, Italy and the United Kingdom represented 18.9%, 15.5%, 13.1% and 12.7% of our total net revenue for the three months ended September 30, 2025, respectively. Our net revenues generated from Germany, the Czech Republic, the United Kingdom, and Italy represented 17.7%, 17.3%, 12.1%, and 11.8% of our total net revenue for the nine months ended September 30, 2025, respectively.
(2)
Our net revenues generated from the United States represented 23.0% and 20.9% of our total net revenue for the three and nine months ended September 30, 2025, respectively.
Schedule of Summarizes the Changes in Deferred Revenue

The following table summarizes the changes in deferred revenue:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 (in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Balance at the beginning of the period

 

$

1,622

 

 

$

979

 

 

$

1,169

 

 

$

801

 

Deferral of revenue

 

 

4,240

 

 

 

1,732

 

 

 

13,149

 

 

 

6,347

 

Recognition of unearned revenue

 

 

(3,965

)

 

 

(1,481

)

 

 

(12,421

)

 

 

(5,918

)

Balance at the end of the period

 

$

1,897

 

 

$

1,230

 

 

$

1,897

 

 

$

1,230

 

Summary of Changes in Product Warranty Liability

The following table summarizes the changes in product warranty liability:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 (in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Balance at the beginning of the period

 

$

8,127

 

 

$

5,777

 

 

$

5,798

 

 

$

5,632

 

Provision for warranty issued during period

 

 

971

 

 

 

264

 

 

 

2,320

 

 

 

952

 

Changes in estimate

 

 

(596

)

 

 

(233

)

 

 

644

 

 

 

(607

)

Settlements

 

 

(168

)

 

 

(101

)

 

 

(428

)

 

 

(270

)

Balance at the end of the period

 

$

8,334

 

 

$

5,707

 

 

$

8,334

 

 

$

5,707