XML 60 R26.htm IDEA: XBRL DOCUMENT
v3.20.1

Note 18 - Revenues | 12 Months Ended
--- | ---
Dec. 31, 2019
Notes to Financial Statements |
Revenue from Contract with Customer [Text Block] |
18. |  | Revenues
The following table represents a disaggregation of revenue from contracts with customers. Revenue originating from the following geographic areas for the years ended December 31, 2019 and 2018 consist of:
|  | Year Ended December 31, 2019
|  | (in thousands)
|  | United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment, software and accessories |  | $ | 78,196 |  |  | $ | 10,607 |  |  | $ | 13,359 |  |  | $ | 8,058 |  |  | $ | 110,220 |
Service, maintenance and warranty contracts |  |  | 4,742 |  |  |  | 819 |  |  |  | 313 |  |  |  | 82 |  |  |  | 5,956 |
Total revenues |  | $ | 82,938 |  |  | $ | 11,426 |  |  | $ | 13,672 |  |  | $ | 8,140 |  |  | $ | 116,176 |
|  | Year Ended December 31, 2018
|  | (in thousands)
|  | United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment, software and accessories |  | $ | 79,614 |  |  | $ | 13,690 |  |  | $ | 13,193 |  |  | $ | 8,571 |  |  | $ | 115,068 |
Service, maintenance and warranty contracts |  |  | 4,438 |  |  |  | 832 |  |  |  | 366 |  |  |  | 70 |  |  |  | 5,706 |
Total revenues |  | $ | 84,052 |  |  | $ | 14,522 |  |  | $ | 13,559 |  |  | $ | 8,641 |  |  | $ | 120,774 |
Deferred revenue The Company had approximately $3.9 million and $3.8 million in deferred revenue from service contracts and advance payments as of December 31, 2019 and 2018, respectively . Changes in deferred revenue from service contracts and advance payments from customers during the period were as follows:
|  | Year Ended December 31, 2019
|  | (in thousands)
|  | Service Contracts |  | Customer Advances |  | Total
Balance, beginning of period |  | $ | 1,659 |  |  | $ | 2,161 |  |  | $ | 3,820 |
Deferral of revenue |  |  | 2,152 |  |  |  | 1,095 |  |  |  | 3,247 |
Recognition of deferred revenue |  |  | (2,233 | ) |  |  | (894 | ) |  |  | (3,127 | )
Effect of foreign currency translation |  |  | 9 |  |  |  | - |  |  |  | 9 |
Balance, end of period |  | $ | 1,587 |  |  | $ | 2,362 |  |  | $ | 3,949 |
|  | Year Ended December 31, 2018
|  | (in thousands)
|  | Service Contracts |  | Customer Advances |  | Total
Balance, beginning of period |  | $ | 505 |  |  | $ | - |  |  | $ | 505 |
Addition due to business combination |  |  | 848 |  |  |  | 2,128 |  |  |  | 2,976 |
Deferral of revenue |  |  | 4,305 |  |  |  | 1,210 |  |  |  | 5,515 |
Recognition of deferred revenue |  |  | (3,984 | ) |  |  | (1,177 | ) |  |  | (5,161 | )
Effect of foreign currency translation |  |  | (15 | ) |  |  | - |  |  |  | (15 | )
Balance, end of period |  | $ | 1,659 |  |  | $ | 2,161 |  |  | $ | 3,820 |
Allowance for Doubtful Accounts Allowance for doubtful accounts is based on the Company’s assessment of the collectability of customer accounts. A rollforward of allowance for doubtful accounts is as follows:
|  | Year Ended December 31,
|  | 2019 |  | 2018
|  | (in thousands)
Balance, beginning of period |  | $ | 332 |  |  | $ | 193 |
Addition due to business combination |  |  | - |  |  |  | 103 |
Bad debt expense |  |  | 288 |  |  |  | 25 |
Charge-offs and other recoveries |  |  | (293 | ) |  |  | 12 |
Effect of foreign currency translation |  |  | (2 | ) |  |  | (1 | )
Balance, end of period |  | $ | 325 |  |  | $ | 332 |
Concentrations No customer accounted for more than 10% of the revenues for the years ended December 31, 2019, and 2018. At December 31, 2019 and 2018, no customer accounted for more than 10% of net accounts receivable.

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

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration