XML 37 R21.htm IDEA: XBRL DOCUMENT v3.24.1.u1
REVENUES
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUES

 

13. REVENUES

 

For each of the identified periods, revenues can be categorized into the following (in thousands):

          
   Twelve Months Ended 
   December 31, 
   2023   2022 
Product sales  $65,152   $20,347 
Maintenance fees   83    53 
Professional services   146    527 
Shipping and handling   2,308    1,137 
Discounts and allowances   (337)   (69)
Total revenues  $67,353   $21,995 

 

During the year ended December 31, 2023 and 2022, 80% and 62% of revenues were derived from federal, state and local governments, respectively. In addition, 15% of revenues in the year ended December 31, 2023 were international sales compared to 9% in the prior year.

 

At December 31, 2023 and 2022, deferred revenue was $1.2 million and $1.4 million, respectively. These amounts consisted mainly of customer deposits in the amount of $0.7 million and $1.0 million for December 31, 2023 and 2022, respectively and prepaid multi-year maintenance plans for previously sold products which account for $0.5 million and $0.3 million for December 31, 2023 and 2022, respectively, and pertain to services to be provided through 2029. Revenue recognized during the year ended December 31, 2023 and 2022 which pertained to revenue deferred in prior years was $0.4 million and $0.1 million respectively.