Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.22.0.1
Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 2021
Revenue Recognition  
Schedule of disaggregated revenue by business group

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

Nine Months Ended December 31,

    

2021

    

2020

Microturbine Products

$

28,234

$

25,396

Accessories

949

1,176

Total Product and Accessories

29,183

26,572

Parts and Service

 

24,704

 

23,202

Total Revenue

$

53,887

$

49,774

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):

Nine Months Ended December 31,

    

2021

    

2020

United States

$

26,052

$

23,237

Mexico

 

2,142

 

3,017

All other North America

 

480

 

180

Total North America

 

28,674

 

26,434

Russia

 

3,099

 

2,725

All other Europe

8,911

10,780

Total Europe

12,010

13,505

Asia

 

1,755

 

3,455

Australia

 

3,861

 

2,319

All other

 

7,587

 

4,061

Total Revenue

$

53,887

$

49,774

Schedule of changes in deferred revenue

FPP Balance, beginning of the period

$

4,765

FPP Billings

 

13,272

FPP Revenue recognized

 

(13,346)

Balance attributed to FPP contracts

 

4,691

DSS Program

187

Deposits

 

1,280

Deferred revenue balance, end of the period

$

6,158