Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.3.a.u2
Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 2019
Revenue Recognition  
Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group for the three and nine months ended December 31, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

    

December 31, 2019

    

December 31, 2019

    

Microturbine Products

 

$

7,923

 

$

30,024

 

Accessories and Parts

 

 

4,087

 

 

12,046

 

Total Product, Accessories and Parts

 

 

12,010

 

 

42,070

 

Service

 

 

5,373

 

 

15,296

 

Total Revenue

 

$

17,383

 

$

57,366

 

 

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 nine months ended December 31, 2019 (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

    

December 31, 2019

    

December 31, 2019

United States

 

$

7,030

 

$

24,497

Mexico

 

 

358

 

 

1,841

All other North America

 

 

41

 

 

793

Total North America

 

 

7,429

 

 

27,131

Russia

 

 

1,182

 

 

3,467

All other Europe

 

 

4,060

 

 

11,077

Total Europe

 

 

5,242

 

 

14,544

Asia

 

 

1,162

 

 

3,611

Australia

 

 

1,867

 

 

4,005

All other

 

 

1,683

 

 

8,075

Total Revenue

 

$

17,383

 

$

57,366

 

Schedule of changes in deferred revenue

 

 

 

 

FPP Balance, beginning of the period

 

$

4,881

FPP Billings

 

 

12,595

FPP Revenue recognized

 

 

(12,206)

Balance attributed to FPP contracts

 

 

5,270

Deposits

 

 

791

Deferred revenue balance, end of the period

 

$

6,061