Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.22.2.2
Revenue Recognition (Tables)
6 Months Ended
Sep. 30, 2022
Revenue Recognition  
Schedule of disaggregated revenue by business group

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

Six Months Ended September 30,

    

2022

    

2021

Microturbine Products

$

19,344

$

16,664

Accessories

426

190

Total Product and Accessories

19,770

16,854

Parts and Service

 

19,657

 

16,424

Total Revenue

$

39,427

$

33,278

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):

Six Months Ended September 30,

    

2022

    

2021

United States

$

25,788

$

15,174

Mexico

 

1,054

 

1,584

All other North America

 

1,229

 

447

Total North America

 

28,071

 

17,205

Russia

 

1,294

 

2,206

All other Europe

5,804

5,612

Total Europe

7,098

7,818

Asia

 

1,199

 

823

Australia

 

2,051

 

3,342

All other

 

1,008

 

4,090

Total Revenue

$

39,427

$

33,278

Schedule of changes in deferred revenue million. Changes in deferred revenue during the six months ended September 30, 2022 are as follows (in thousands):

FPP Balance, beginning of the period

$

4,544

FPP Billings

 

9,698

FPP Revenue recognized

 

(9,632)

Balance attributed to FPP contracts

 

4,610

DSS Program

1,243

Deposits

 

5,748

Deferred revenue balance, end of the period

$

11,601