Quarterly report [Sections 13 or 15(d)]

Revenue Recognition (Tables)

v3.25.2
Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregated revenue by business group

Three Months Ended June 30,

    

2025

    

2024

Microturbine Products

$

15,366

$

5,262

Accessories

354

161

Total Product and Accessories

15,720

5,423

Parts and Services

7,938

7,837

Total ASC 606 Revenue

$

23,658

$

13,260

Rentals

 

4,213

 

2,383

Total ASC 842 Revenue

4,213

2,383

Total Revenue

$

27,871

$

15,643

 

Schedule of disaggregated revenue by geography based on the primary operating location

Three Months Ended June 30,

    

2025

    

2024

United States

$

22,956

$

8,931

Mexico

 

1,206

492

All other North America

 

119

 

30

Total North America

 

24,281

 

9,453

Europe

2,016

3,424

Asia

 

560

 

502

Australia

 

491

 

1,702

All other

 

523

 

562

Total Revenue

$

27,871

$

15,643

 

Schedule of changes in deferred revenue

   

Three Months Ended June 30,

2025

2024

Opening balance, beginning of the fiscal year

$

13,949

$

11,858

Closing balance, end of the period

$

10,727

$

12,484

Revenue recognized in the period from:

 

Amounts included in deferred revenue at the beginning of the period

$

6,821

$

3,597