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Deferred Revenue
12 Months Ended
Dec. 31, 2025
Deferred Revenue Disclosure [Abstract]  
Deferred Revenue

Note 13. Deferred Revenue

Deferred revenue, comprising individually immaterial amounts for extended warranties, enhanced product maintenance and advance payments on NRE services contracts, represents contracted revenue that we have not yet recognized.

The following table presents the changes in deferred revenue for the indicated periods (in thousands):

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Balance at beginning of period

$

1,968

 

 

$

1,985

 

Deferral of revenue

 

3,689

 

 

 

2,930

 

Recognition of deferred revenue

 

(3,176

)

 

 

(2,947

)

Balance at end of period

$

2,481

 

 

$

1,968

 

 

During 2025, we recognized $1.8 million revenue which we included in deferred revenue as of December 31, 2024. During 2024, we recognized $1.4 million revenue which we included in deferred revenue as of December 31, 2023.