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Revenues
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenues

2. Revenues

Nature of Products and Services

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 2020

​

Three Months Ended March 31, 2019

​

    

​

​

    

Software and

    

​

​

    

​

​

    

Software and

    

​

​

​

​

TASER

​

Sensors

​

Total

​

TASER

​

Sensors

​

Total

TASER 7

​

$

15,326

​

$

—

​

$

15,326

​

$

9,954

​

$

—

​

$

9,954

TASER X26P

​

 

11,061

​

 

—

​

 

11,061

​

 

15,872

​

 

—

​

 

15,872

TASER X2

​

 

14,075

​

 

—

​

 

14,075

​

 

13,085

​

 

—

​

 

13,085

TASER Pulse and Bolt

​

 

1,200

​

 

—

​

 

1,200

​

 

670

​

 

—

​

 

670

Single cartridges

​

 

26,625

​

 

—

​

 

26,625

​

 

19,160

​

 

—

​

 

19,160

Axon Body

​

 

—

​

 

12,823

​

 

12,823

​

 

—

​

 

6,445

​

 

6,445

Axon Flex

​

 

—

​

 

1,183

​

 

1,183

​

 

—

​

 

1,224

​

 

1,224

Axon Fleet

​

 

—

​

 

4,775

​

 

4,775

​

 

—

​

 

3,516

​

 

3,516

Axon Dock

​

 

—

​

 

4,951

​

 

4,951

​

 

—

​

 

3,312

​

 

3,312

Axon Evidence and cloud services

​

 

498

​

 

39,154

​

 

39,652

​

 

36

​

 

27,618

​

 

27,654

TASER Cam

​

 

—

​

 

927

​

 

927

​

 

—

​

 

903

​

 

903

Extended warranties

​

 

4,977

​

 

5,458

​

 

10,435

​

 

4,316

​

 

4,930

​

 

9,246

Other

​

 

2,133

​

 

1,996

​

 

4,129

​

 

2,298

​

 

2,471

​

 

4,769

Total

​

$

75,895

​

$

71,267

​

$

147,162

​

$

65,391

​

$

50,419

​

$

115,810

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 

​

​

​

2020

​

​

2019

​

United States

    

$

117,463

    

80

%  

​

$

94,333

    

81

%  

Other countries

​

 

29,699

 

20

​

​

 

21,477

 

19

​

Total

​

$

147,162

 

100

%  

​

$

115,810

 

100

%  

​

Contract Balances

The following table presents our contract assets, contract liabilities and certain information related to these balances as of and for the three months ended March 31, 2020 (in thousands):

​

​

​

​

​

​

    

March 31, 2020

Contract assets, net

​

$

56,252

Contract liabilities (deferred revenue)

​

 

211,713

Revenue recognized in the period from:

​

 

  

Amounts included in contract liabilities at the beginning of the period

​

 

48,465

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2020

​

December 31, 2019

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

Warranty:

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

TASER

​

$

12,963

​

$

15,469

​

$

28,432

​

$

12,716

​

$

16,378

​

$

29,094

Software and Sensors

​

 

10,886

​

 

4,447

​

 

15,333

​

 

9,852

​

 

5,156

​

 

15,008

​

​

 

23,849

​

 

19,916

​

 

43,765

​

 

22,568

​

 

21,534

​

 

44,102

Hardware:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

14,097

​

 

15,901

​

 

29,998

​

 

9,569

​

 

15,468

​

 

25,037

Software and Sensors

​

 

17,142

​

 

36,062

​

 

53,204

​

 

22,235

​

 

33,759

​

 

55,994

​

​

 

31,239

​

 

51,963

​

 

83,202

​

 

31,804

​

 

49,227

​

 

81,031

Services:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

588

​

 

1,293

​

 

1,881

​

 

293

​

 

765

​

 

1,058

Software and Sensors

​

 

64,151

​

 

18,714

​

 

82,865

​

 

63,199

​

 

16,410

​

 

79,609

​

​

$

64,739

​

$

20,007

​

$

84,746

​

$

63,492

​

$

17,175

​

$

80,667

Total

​

$

119,827

​

$

91,886

​

$

211,713

​

$

117,864

​

$

87,936

​

$

205,800

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2020

​

December 31, 2019

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

TASER

​

$

27,648

​

$

32,663

​

$

60,311

​

$

22,578

​

$

32,611

​

$

55,189

Software and Sensors

​

 

92,179

​

 

59,223

​

 

151,402

​

 

95,286

​

 

55,325

​

 

150,611

Total

​

$

119,827

​

$

91,886

​

$

211,713

​

$

117,864

​

$

87,936

​

$

205,800

​

Remaining Performance Obligations

As of March 31, 2020, we had approximately $1.27 billion of remaining performance obligations, which included both recognized contract liabilities as well as amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under Topic 606 as of March 31, 2020. We expect to recognize between 20% - 25% of this balance over the next twelve months, and generally expect the remainder to be recognized over the following five to seven years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses.