XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Revenues (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Summary of Revenue by Product and Service Offering and Geography

The following tables present our revenues by primary product and service offering (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 2020

​

Three Months Ended June 30, 2019

​

    

​

​

    

Software and

    

​

​

    

​

​

    

Software and

    

​

​

​

​

TASER

​

Sensors

​

Total

​

TASER

​

Sensors

​

Total

TASER 7

​

$

11,588

​

$

—

​

$

11,588

​

$

9,298

​

$

—

​

$

9,298

TASER X26P

​

 

9,511

​

 

—

​

 

9,511

​

 

10,382

​

 

—

​

 

10,382

TASER X2

​

 

16,832

​

 

—

​

 

16,832

​

 

14,087

​

 

—

​

 

14,087

TASER Pulse

​

 

2,193

​

 

—

​

 

2,193

​

 

1,118

​

 

—

​

 

1,118

Cartridges

​

 

23,772

​

 

—

​

 

23,772

​

 

19,293

​

 

—

​

 

19,293

Axon Body

​

 

—

​

 

11,844

​

 

11,844

​

 

—

​

 

5,612

​

 

5,612

Axon Flex

​

 

—

​

 

680

​

 

680

​

 

—

​

 

1,623

​

 

1,623

Axon Fleet

​

 

—

​

 

4,098

​

 

4,098

​

 

—

​

 

3,120

​

 

3,120

Axon Dock

​

 

—

​

 

4,055

​

 

4,055

​

 

—

​

 

2,731

​

 

2,731

Axon Evidence and cloud services

​

 

586

​

 

41,891

​

 

42,477

​

 

109

​

 

31,821

​

 

31,930

TASER Cam

​

 

—

​

 

512

​

 

512

​

 

—

​

 

1,044

​

 

1,044

Extended warranties

​

 

5,098

​

 

5,735

​

 

10,833

​

 

4,482

​

 

4,420

​

 

8,902

Other

​

 

910

​

 

1,954

​

 

2,864

​

 

1,803

​

 

1,419

​

 

3,222

Total

​

$

70,490

​

$

70,769

​

$

141,259

​

$

60,572

​

$

51,790

​

$

112,362

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 2020

​

Six Months Ended June 30, 2019

​

    

​

​

    

Software and

    

​

​

    

​

​

    

Software and

    

​

​

​

​

TASER

​

Sensors

​

Total

​

TASER

​

Sensors

​

Total

TASER 7

​

$

26,914

​

$

—

​

$

26,914

​

$

19,252

​

$

—

​

$

19,252

TASER X26P

​

 

20,572

​

 

—

​

 

20,572

​

 

26,254

​

 

—

​

 

26,254

TASER X2

​

 

30,907

​

 

—

​

 

30,907

​

 

27,172

​

 

—

​

 

27,172

TASER Pulse

​

 

3,393

​

 

—

​

 

3,393

​

 

1,788

​

 

—

​

 

1,788

Cartridges

​

 

50,397

​

 

—

​

 

50,397

​

 

38,453

​

 

—

​

 

38,453

Axon Body

​

 

—

​

 

24,667

​

 

24,667

​

 

—

​

 

12,057

​

 

12,057

Axon Flex

​

 

—

​

 

1,863

​

 

1,863

​

 

—

​

 

2,847

​

 

2,847

Axon Fleet

​

 

—

​

 

8,873

​

 

8,873

​

 

—

​

 

6,636

​

 

6,636

Axon Dock

​

 

—

​

 

9,006

​

 

9,006

​

 

—

​

 

6,043

​

 

6,043

Axon Evidence and cloud services

​

 

1,084

​

 

81,045

​

 

82,129

​

 

145

​

 

59,439

​

 

59,584

TASER Cam

​

 

—

​

 

1,439

​

 

1,439

​

 

—

​

 

1,947

​

 

1,947

Extended warranties

​

 

10,075

​

 

11,193

​

 

21,268

​

 

8,798

​

 

9,350

​

 

18,148

Other

​

 

3,043

​

 

3,950

​

 

6,993

​

 

4,101

​

 

3,890

​

 

7,991

Total

​

$

146,385

​

$

142,036

​

$

288,421

​

$

125,963

​

$

102,209

​

$

228,172

​

​

The following table presents our revenues disaggregated by geography (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

​

Six Months Ended June 30, 

 

​

​

2020

​

​

2019

​

​

2020

​

2019

 

United States

    

$

107,547

    

76

%  

​

$

93,594

    

83

%  

​

$

225,010

    

78

%  

$

187,927

    

82

%

Other countries

​

 

33,712

 

24

​

​

 

18,768

 

17

​

​

 

63,411

 

22

​

 

40,245

 

18

​

Total

​

$

141,259

 

100

%  

​

$

112,362

 

100

%  

​

$

288,421

 

100

%  

$

228,172

 

100

%

Contract with Customer, Assets and Liabilities

The following table presents our contract assets, contract liabilities and certain information related to these balances as of and for the six months ended June 30, 2020 (in thousands):

​

​

​

​

​

​

    

June 30, 2020

Contract assets, net

​

$

62,907

Contract liabilities (deferred revenue)

​

 

212,668

Revenue recognized in the period from:

​

 

  

Amounts included in contract liabilities at the beginning of the period

​

 

86,655

​

Contract liabilities (deferred revenue) consisted of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

​

December 31, 2019

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

Warranty:

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

TASER

​

$

13,162

​

$

14,638

​

$

27,800

​

$

12,716

​

$

16,378

​

$

29,094

Software and Sensors

​

 

11,860

​

 

4,021

​

 

15,881

​

 

9,852

​

 

5,156

​

 

15,008

​

​

 

25,022

​

 

18,659

​

 

43,681

​

 

22,568

​

 

21,534

​

 

44,102

Hardware:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

12,626

​

 

13,110

​

 

25,736

​

 

9,569

​

 

15,468

​

 

25,037

Software and Sensors

​

 

20,542

​

 

37,585

​

 

58,127

​

 

22,235

​

 

33,759

​

 

55,994

​

​

 

33,168

​

 

50,695

​

 

83,863

​

 

31,804

​

 

49,227

​

 

81,031

Services:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

528

​

 

921

​

 

1,449

​

 

293

​

 

765

​

 

1,058

Software and Sensors

​

 

70,800

​

 

12,875

​

 

83,675

​

 

63,199

​

 

16,410

​

 

79,609

​

​

​

71,328

​

​

13,796

​

​

85,124

​

​

63,492

​

​

17,175

​

​

80,667

Total

​

$

129,518

​

$

83,150

​

$

212,668

​

$

117,864

​

$

87,936

​

$

205,800

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

​

December 31, 2019

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

TASER

​

$

26,316

​

$

28,669

​

$

54,985

​

$

22,578

​

$

32,611

​

$

55,189

Software and Sensors

​

 

103,202

​

 

54,481

​

 

157,683

​

 

95,286

​

 

55,325

​

 

150,611

Total

​

$

129,518

​

$

83,150

​

$

212,668

​

$

117,864

​

$

87,936

​

$

205,800