Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.22.4
Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 2022
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,

    

2022

    

2021

Microturbine Products

$

28,201

$

28,234

Accessories

1,572

949

Total Product and Accessories

29,773

29,183

Parts, Service and Rentals

 

29,260

 

24,704

Total Revenue

$

59,033

$

53,887

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

Nine Months Ended December 31,

    

2022

    

2021

Microturbine Products

$

28,201

$

28,234

Accessories

1,572

949

Total Product and Accessories

29,773

29,183

Parts, Service and Rentals

 

29,260

 

24,704

Total Revenue

$

59,033

$

53,887

Schedule of changes in deferred revenue . Changes in deferred revenue during the nine months ended December 31, 2022 are as follows (in thousands):

FPP Balance, beginning of the period

$

4,544

FPP Billings

 

14,624

FPP Revenue recognized

 

(14,296)

Balance attributed to FPP contracts

 

4,872

DSS Program

447

Deposits

 

5,197

Deferred revenue balance, end of the period

$

10,516