Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.3
Revenue Recognition (Tables)
6 Months Ended
Sep. 30, 2019
Revenue Recognition  
Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group for the three and six months ended September 30, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

    

September 30, 2019

    

September 30, 2019

    

Microturbine Products

 

$

12,016

 

$

22,102

 

Accessories and Parts

 

 

3,972

 

 

7,959

 

Total Product, Accessories and Parts

 

 

15,988

 

 

30,061

 

Service

 

 

4,752

 

 

9,923

 

Total Revenue

 

$

20,740

 

$

39,984

 

 

Summary of geographic revenue information based on primary operation location of customer

 

Following is the geographic revenue information based on the primary operating location of the Company’s customers for the three and six months ended September 30, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

    

September 30, 2019

    

September 30, 2019

United States

 

$

9,838

 

$

17,467

Mexico

 

 

242

 

 

1,483

All other North America

 

 

79

 

 

752

Total North America

 

 

10,159

 

 

19,702

Russia

 

 

830

 

 

2,285

All other Europe

 

 

4,468

 

 

7,017

Total Europe

 

 

5,298

 

 

9,302

Asia

 

 

921

 

 

2,449

Australia

 

 

468

 

 

2,138

All other

 

 

3,894

 

 

6,393

Total Revenue

 

$

20,740

 

$

39,984

 

Schedule of changes in deferred revenue

 

 

 

 

FPP Balance, beginning of the period

 

$

4,881

FPP Billings

 

 

7,779

FPP Revenue recognized

 

 

(8,177)

Balance attributed to FPP contracts

 

 

4,483

DSS Program

 

 

901

Deposits

 

 

1,827

Deferred revenue balance, end of the period

 

$

7,211