OTHER NON-CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2024

OTHER NON-CURRENT ASSETS:

Summary of Other Non-Current Assets (In Thousands)

	December 31,
	2024		2023
Net investments in sales-type leases (3)	$	13,226	$	12,196
Unbilled accounts receivable (2)		8,983		1,069
Costs capitalized to obtain revenue contracts (1)		2,385		2,587
Contract assets (1)		617		933
Other		4,302		2,433
Total other non-current assets	$	29,513	$	19,218

(1) See Note 2, Revenue from Contracts with Customers.

(2) See “Accounts Receivable” section of Note 1, “Description of Business and Summary of Significant Accounting Policies.”

(3) The Company had net investments in sales-type leases for its DFI system and CV system assets. The following table summarizes the components of the net investments in sales-type leases in the Consolidated Balance Sheets (in thousands):

	December 31,
	2024		2023
Present value of lease receivables	$	13,238	$	9,460
Less: Contract liability		(3,235)		—
Net lease receivables		10,003		9,460
Unguaranteed residual assets		7,749		4,717
Total net investments in sales-type leases	$	17,752	$	14,177
Reported as:
Current (included in Prepaid expenses and other current assets)	$	4,526	$	1,981
Non-current (inlcuded in Other non-current assets)		13,226		12,196
Total net investments in sales-type leases	$	17,752	$	14,177

Summary for Maturities of Lease Payments Under Sales-type Leases (In Thousands)

Year Ending December 31,	Amount
2025	$	6,769
2026		7,777
2027		1,570
2028		58
Total future sales-type lease payments		16,174
Less: Present value adjustment (a)		(2,936)
Present value of lease receivables	$	13,238

(a) Calculated using the rate implicit in the lease determined for each lease.