Segment Data

9 Months Ended

Sep. 30, 2023

Segment Data

Segment Data

Note 15 - Segment Data

Our operations comprise two reportable segments: the TASER segment and the Software and Sensors segment.

Information relative to our reportable segments was as follows (in thousands):

	Three Months Ended September 30, 2023						Three Months Ended September 30, 2022
			Software and						Software and
	TASER		Sensors		Total		TASER		Sensors		Total
Net sales from products	$	153,375	$	103,068	$	256,443	$	139,267	$	71,131	$	210,398
Net sales from services		9,195		147,963		157,158		5,616		95,740		101,356
Net sales		162,570		251,031		413,601		144,883		166,871		311,754
Cost of product sales		59,746		56,532		116,278		53,422		40,302		93,724
Cost of service sales		1,252		40,799		42,051		—		24,773		24,773
Cost of sales		60,998		97,331		158,329		53,422		65,075		118,497
Gross margin	$	101,572	$	153,700	$	255,272	$	91,461	$	101,796	$	193,257
Research and development	$	15,672	$	61,208	$	76,880	$	13,864	$	45,263	$	59,127

	Nine Months Ended September 30, 2023						Nine Months Ended September 30, 2022
			Software and						Software and
	TASER		Sensors		Total		TASER		Sensors		Total
Net sales from products	$	426,372	$	282,934	$	709,306	$	382,142	$	204,511	$	586,653
Net sales from services		24,890		397,053		421,943		12,687		254,453		267,140
Net sales		451,262		679,987		1,131,249		394,829		458,964		853,793
Cost of product sales		170,297		154,757		325,054		142,510		118,068		260,578
Cost of service sales		2,517		112,183		114,700		—		70,256		70,256
Cost of sales		172,814		266,940		439,754		142,510		188,324		330,834
Gross margin	$	278,448	$	413,047	$	691,495	$	252,319	$	270,640	$	522,959
Research and development	$	46,128	$	173,619	$	219,747	$	37,076	$	128,014	$	165,090