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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2026
Revenues [Abstract]  
Summary of Net Revenue by Major Geographic Region

The following table summarizes net revenue by major geographic region:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 (in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

EMEA(1)

 

$

18,566

 

 

$

18,259

 

 

$

36,088

 

 

$

29,811

 

Americas(2)

 

 

4,280

 

 

 

4,595

 

 

 

9,554

 

 

 

9,314

 

APAC

 

 

2,560

 

 

 

1,201

 

 

 

4,961

 

 

 

3,769

 

Total net revenue

 

$

25,406

 

 

$

24,055

 

 

$

50,603

 

 

$

42,894

 

 

(1)
Our net revenues generated from Germany, the Czech Republic, and Italy represented 22.8%, 15.6% and 12.3% of our total net revenue for the three months ended June 30, 2026, respectively. Our net revenues generated from Germany, the Czech Republic, and Italy represented 22.6%, 20.4% and 10.8% of our total net revenue for the three months ended June 30, 2025. Our net revenues generated from Germany, the Czech Republic, and Italy represented 16.4%, 16.0% and 15.6% of our total net revenue for the six months ended June 30, 2026, respectively. Our net revenues generated from Germany, the Czech Republic, the United Kingdom and Italy represented 19.3%, 16.1%, 11.6% and 10.9% of our total net revenue for the six months ended June 30, 2025, respectively.
(2)
Our net revenues generated from the United States represented 15.8% and 17.8% of our total net revenue for the three and six months ended June 30, 2026, respectively. Our net revenues generated from the United States represented 17.4% and 19.5% of our total net revenue for the three and six months ended June 30, 2025, respectively.
Schedule of Summarizes the Changes in Deferred Revenue

The following table summarizes the changes in deferred revenue:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 (in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Balance at the beginning of the period

 

$

1,344

 

 

$

1,378

 

 

$

1,821

 

 

$

1,169

 

Deferral of revenue

 

 

1,959

 

 

 

5,108

 

 

 

4,016

 

 

 

8,909

 

Recognition of unearned revenue

 

 

(1,990

)

 

 

(4,864

)

 

 

(4,524

)

 

 

(8,456

)

Balance at the end of the period

 

$

1,313

 

 

$

1,622

 

 

$

1,313

 

 

$

1,622

 

Summary of Changes in Product Warranty Liability

The following table summarizes the changes in product warranty liability:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 (in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Balance at the beginning of the period

 

$

9,579

 

 

$

7,324

 

 

$

9,344

 

 

$

5,798

 

Provision for warranty issued during period

 

 

422

 

 

 

986

 

 

 

821

 

 

 

1,349

 

Changes in estimate

 

 

(582

)

 

 

(40

)

 

 

(635

)

 

 

1,240

 

Settlements

 

 

(98

)

 

 

(143

)

 

 

(209

)

 

 

(260

)

Balance at the end of the period

 

$

9,321

 

 

$

8,127

 

 

$

9,321

 

 

$

8,127