Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

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

The following table presents disaggregated revenue by business group (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

    

September 30, 2020

    

September 30, 2020

Microturbine Products

 

$

7,047

 

$

13,173

Accessories and Parts

 

 

2,297

 

 

5,107

Total Product, Accessories and Parts

 

 

9,344

 

 

18,280

Service

 

 

5,562

 

 

10,819

Total Revenue

 

$

14,906

 

$

29,099

 

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

The following table presents disaggregated revenue by geography based on the primary operating location of the Company’s customers (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

    

September 30, 2020

    

September 30, 2020

United States

 

$

5,673

 

$

13,597

Mexico

 

 

893

 

 

1,926

All other North America

 

 

50

 

 

100

Total North America

 

 

6,616

 

 

15,623

Russia

 

 

1,631

 

 

2,098

All other Europe

 

 

4,376

 

 

7,001

Total Europe

 

 

6,007

 

 

9,099

Asia

 

 

1,272

 

 

2,216

Australia

 

 

588

 

 

1,225

All other

 

 

423

 

 

936

Total Revenue

 

$

14,906

 

$

29,099

 

Schedule of changes in deferred revenue

 

 

 

 

 

FPP Balance, beginning of the period

 

$

5,342

 

FPP Billings

 

 

7,834

 

FPP Revenue recognized

 

 

(8,400)

 

Balance attributed to FPP contracts

 

 

4,776

 

DSS Program

 

 

902

 

Deposits

 

 

1,641

 

Deferred revenue balance, end of the period

 

$

7,319