Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.21.2
Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2021
Revenue Recognition  
Schedule of disaggregated revenue by business group

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

Three Months Ended June 30,

    

2021

    

2020

Microturbine Products

$

8,312

$

6,126

Accessories

77

480

Total Product and Accessories

8,389

6,606

Parts and Service

 

7,693

 

7,587

Total Revenue

$

16,082

$

14,193

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

Three Months Ended June 30,

    

2021

    

2020

Microturbine Products

$

8,312

$

6,126

Accessories

77

480

Total Product and Accessories

8,389

6,606

Parts and Service

 

7,693

 

7,587

Total Revenue

$

16,082

$

14,193

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

Three Months Ended June 30,

    

2021

    

2020

United States

$

7,343

$

7,924

Mexico

 

441

 

1,033

All other North America

 

39

 

50

Total North America

 

7,823

 

9,007

Russia

 

1,257

 

467

All other Europe

2,785

2,625

Total Europe

4,042

3,092

Asia

 

364

 

944

Australia

 

1,411

 

637

All other

 

2,442

 

513

Total Revenue

$

16,082

$

14,193

Schedule of changes in deferred revenue Changes in deferred revenue are as follows (in thousands):

Three Months Ended

 

June 30,

March 31,

2021

2021

FPP Balance, beginning of the period

$

4,765

$

4,864

FPP Billings

 

4,092

 

4,172

FPP Revenue recognized

 

(4,359)

 

(4,271)

Balance attributed to FPP contracts

 

4,498

 

4,765

DSS Program

973

1,417

Deposits

 

1,263

 

957

Deferred revenue balance, end of the period

$

6,734

$

7,139