Revenue Recognition (Tables)
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12 Months Ended |
Mar. 31, 2021 |
|---|
| Revenue Recognition |
|
| Schedule of disaggregated revenue by business group |
The following table presents disaggregated revenue by business group (in thousands):
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|
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|
Year Ended March 31,
|
|
|
|
2021
|
|
2020
|
|
Microturbine Products
|
|
$
|
34,121
|
|
$
|
33,790
|
|
Accessories
|
|
|
2,396
|
|
|
1,548
|
|
Total Product and Accessories
|
|
|
36,517
|
|
|
35,338
|
|
Parts and Service
|
|
|
31,119
|
|
|
33,588
|
|
Total Revenue
|
|
$
|
67,636
|
|
$
|
68,926
|
|
| Summary of geographic revenue information based on primary operation location of customer |
|
|
|
|
|
|
|
|
|
|
|
Year Ended March 31,
|
|
|
|
2021
|
|
2020
|
|
Microturbine Products
|
|
$
|
34,121
|
|
$
|
33,790
|
|
Accessories
|
|
|
2,396
|
|
|
1,548
|
|
Total Product and Accessories
|
|
|
36,517
|
|
|
35,338
|
|
Parts and Service
|
|
|
31,119
|
|
|
33,588
|
|
Total Revenue
|
|
$
|
67,636
|
|
$
|
68,926
|
Following is the geographic revenue information based on the primary operating location of the Company’s customers (in thousands):
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|
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|
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|
|
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Year Ended March 31,
|
|
|
|
2021
|
|
2020
|
|
United States
|
|
$
|
32,502
|
|
$
|
31,082
|
|
Mexico
|
|
|
3,931
|
|
|
2,361
|
|
All other North America
|
|
|
321
|
|
|
1,145
|
|
Total North America
|
|
|
36,754
|
|
|
34,588
|
|
Russia
|
|
|
3,577
|
|
|
3,653
|
|
All other Europe
|
|
|
13,659
|
|
|
12,858
|
|
Total Europe
|
|
|
17,236
|
|
|
16,511
|
|
Asia
|
|
|
6,087
|
|
|
4,074
|
|
Australia
|
|
|
3,165
|
|
|
4,559
|
|
All other
|
|
|
4,394
|
|
|
9,194
|
|
Total Revenue
|
|
$
|
67,636
|
|
$
|
68,926
|
|
| Schedule of changes in deferred revenue |
Changes in deferred revenue are as follows (in thousands):
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March 31,
|
|
March 31,
|
|
|
|
|
2021
|
|
2020
|
|
|
FPP Balance, beginning of the period
|
|
$
|
5,342
|
|
$
|
4,882
|
|
|
FPP Billings
|
|
|
16,700
|
|
|
17,004
|
|
|
FPP Revenue recognized
|
|
|
(17,277)
|
|
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(16,544)
|
|
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Balance attributed to FPP contracts
|
|
|
4,765
|
|
|
5,342
|
|
|
DSS Program
|
|
|
1,417
|
|
|
1,831
|
|
|
Deposits
|
|
|
957
|
|
|
1,669
|
|
|
Deferred revenue balance, end of the period
|
|
$
|
7,139
|
|
$
|
8,842
|
|
|