Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.20.2
Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2020
Revenue Recognition  
Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group for the three months ended June 30, 2020 and 2019 (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

    

2020

    

2019

Microturbine Products

 

$

6,126

 

$

10,086

Accessories and Parts

 

 

2,810

 

 

3,987

Total Product, Accessories and Parts

 

 

8,936

 

 

14,073

Service

 

 

5,257

 

 

5,171

Total Revenue

 

$

14,193

 

$

19,244

 

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 months ended June 30, 2020 and 2019 (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

    

2020

    

2019

United States

 

$

7,924

 

$

7,629

Mexico

 

 

1,033

 

 

1,241

All other North America

 

 

50

 

 

673

Total North America

 

 

9,007

 

 

9,543

Russia

 

 

467

 

 

1,455

All other Europe

 

 

2,625

 

 

2,549

Total Europe

 

 

3,092

 

 

4,004

Asia

 

 

944

 

 

1,528

Australia

 

 

637

 

 

1,670

All other

 

 

513

 

 

2,499

Total Revenue

 

$

14,193

 

$

19,244

 

Schedule of changes in deferred revenue

 

 

 

 

 

FPP Balance, beginning of the period

 

$

5,342

 

FPP Billings

 

 

4,163

 

FPP Revenue recognized

 

 

(4,147)

 

Balance attributed to FPP contracts

 

 

5,358

 

DSS Program

 

 

1,343

 

Deposits

 

 

1,226

 

Deferred revenue balance, end of the period

 

$

7,927