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Revenues (Tables)
6 Months Ended
Jun. 30, 2021
Revenues  
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, 2021

​

Three Months Ended June 30, 2020

​

    

​

​

    

Software and

    

​

​

    

​

​

    

Software and

    

​

​

​

​

TASER

​

Sensors

​

Total

​

TASER

​

Sensors

​

Total

TASER 7

​

$

28,128

​

​

—

​

$

28,128

​

$

11,588

​

$

—

​

$

11,588

TASER X26P

​

 

9,569

​

​

—

​

 

9,569

​

 

9,511

​

 

—

​

 

9,511

TASER X2

​

 

16,145

​

​

—

​

 

16,145

​

 

16,832

​

 

—

​

 

16,832

TASER Pulse

​

 

1,701

​

​

—

​

 

1,701

​

 

2,193

​

 

—

​

 

2,193

Cartridges

​

 

46,678

​

​

—

​

 

46,678

​

 

23,772

​

 

—

​

 

23,772

Axon Body

​

 

—

​

​

19,927

​

 

19,927

​

 

—

​

 

11,844

​

 

11,844

Axon Flex

​

 

—

​

​

1,088

​

 

1,088

​

 

—

​

 

680

​

 

680

Axon Fleet

​

 

—

​

​

5,247

​

 

5,247

​

 

—

​

 

4,098

​

 

4,098

Axon Dock

​

 

—

​

​

5,509

​

 

5,509

​

 

—

​

 

4,055

​

 

4,055

Axon Evidence and cloud services

​

 

1,702

​

​

60,367

​

 

62,069

​

 

586

​

 

41,891

​

 

42,477

Extended warranties

​

 

5,857

​

​

8,149

​

 

14,006

​

 

5,098

​

 

5,735

​

 

10,833

Other

​

 

2,748

​

​

5,980

​

 

8,728

​

 

910

​

 

2,466

​

 

3,376

Total

​

$

112,528

​

$

106,267

​

$

218,795

​

$

70,490

​

$

70,769

​

$

141,259

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Six Months Ended June 30, 2021

​

Six Months Ended June 30, 2020

​

    

​

​

    

Software and

    

​

​

    

​

​

    

Software and

    

​

​

​

​

TASER

​

Sensors

​

Total

​

TASER

​

Sensors

​

Total

TASER 7

​

$

62,119

​

​

—

​

$

62,119

​

$

26,914

​

$

—

​

$

26,914

TASER X26P

​

 

19,532

​

​

—

​

 

19,532

​

 

20,572

​

 

—

​

 

20,572

TASER X2

​

 

28,923

​

​

—

​

 

28,923

​

 

30,907

​

 

—

​

 

30,907

TASER Pulse

​

 

3,906

​

​

—

​

 

3,906

​

 

3,393

​

 

—

​

 

3,393

Cartridges

​

 

77,096

​

​

—

​

 

77,096

​

 

50,397

​

 

—

​

 

50,397

Axon Body

​

 

—

​

​

39,683

​

 

39,683

​

 

—

​

 

24,667

​

 

24,667

Axon Flex

​

 

—

​

​

1,993

​

 

1,993

​

 

—

​

 

1,863

​

 

1,863

Axon Fleet

​

 

—

​

​

9,010

​

 

9,010

​

 

—

​

 

8,873

​

 

8,873

Axon Dock

​

 

—

​

​

12,429

​

 

12,429

​

 

—

​

 

9,006

​

 

9,006

Axon Evidence and cloud services

​

 

3,098

​

​

112,661

​

 

115,759

​

 

1,084

​

 

81,045

​

 

82,129

Extended warranties

​

 

11,503

​

​

15,649

​

 

27,152

​

 

10,075

​

 

11,193

​

 

21,268

Other

​

 

5,350

​

​

10,862

​

 

16,212

​

 

3,043

​

 

5,389

​

 

8,432

Total

​

$

211,527

​

$

202,287

​

$

413,814

​

$

146,385

​

$

142,036

​

$

288,421

​

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

​

Six Months Ended June 30, 

 

​

​

2021

​

​

2020

​

​

2021

​

2020

 

United States

    

$

164,908

    

75

%  

​

$

107,547

    

76

%  

​

$

325,294

    

79

%  

$

225,010

    

78

%

Other countries

​

 

53,887

 

25

​

​

 

33,712

 

24

​

​

 

88,520

 

21

​

 

63,411

 

22

​

Total

​

$

218,795

 

100

%  

​

$

141,259

 

100

%  

​

$

413,814

 

100

%  

$

288,421

 

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, 2021 (in thousands):

​

​

​

​

​

​

    

June 30, 2021

Contract assets, net

​

$

118,252

Contract liabilities (deferred revenue)

​

 

300,724

Revenue recognized in the period from:

​

 

  

Amounts included in contract liabilities at the beginning of the period

​

 

111,375

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2021

​

December 31, 2020

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

Warranty:

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

TASER

​

$

12,467

​

$

16,937

​

$

29,404

​

$

11,635

​

$

16,953

​

$

28,588

Software and Sensors

​

 

14,606

​

 

5,493

​

 

20,099

​

 

13,926

​

 

5,025

​

 

18,951

​

​

 

27,073

​

 

22,430

​

 

49,503

​

 

25,561

​

 

21,978

​

 

47,539

Hardware:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

22,408

​

 

11,498

​

 

33,906

​

 

16,314

​

 

14,304

​

 

30,618

Software and Sensors

​

 

30,033

​

 

50,081

​

 

80,114

​

 

25,181

​

 

50,981

​

 

76,162

​

​

 

52,441

​

 

61,579

​

 

114,020

​

 

41,495

​

 

65,285

​

 

106,780

Services:

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER

​

 

1,200

​

 

3,455

​

 

4,655

​

 

996

​

 

1,554

​

 

2,550

Software and Sensors

​

 

106,195

​

 

26,351

​

 

132,546

​

 

95,907

​

 

22,405

​

 

118,312

​

​

​

107,395

​

​

29,806

​

​

137,201

​

​

96,903

​

​

23,959

​

​

120,862

Total

​

$

186,909

​

$

113,815

​

$

300,724

​

$

163,959

​

$

111,222

​

$

275,181

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2021

​

December 31, 2020

​

    

Current

    

Long-Term

    

Total

    

Current

    

Long-Term

    

Total

TASER

​

$

36,075

​

$

31,890

​

$

67,965

​

$

28,945

​

$

32,811

​

$

61,756

Software and Sensors

​

 

150,834

​

 

81,925

​

 

232,759

​

 

135,014

​

 

78,411

​

 

213,425

Total

​

$

186,909

​

$

113,815

​

$

300,724

​

$

163,959

​

$

111,222

​

$

275,181