Revenue

9 Months Ended

Sep. 30, 2021

Revenue Disclosure [Abstract]

REVENUE

4. REVENUE

The following table is a summary of the Company’s timing of revenue recognition for the three and nine months ended September 30, 2021 and 2020:  

	Three Months Ended September 30,				Nine months ended September 30,
(Amounts in thousands)	2021		2020		2021		2020
Timing of revenue recognition:
Services and products transferred at a point in time	$	3,979	$	1,941	$	9,348	$	7,056
Services and products transferred over time		136		77		464		457
Total revenue	$	4,115	$	2,018	$	9,812	$	7,513

The Company disaggregates revenue by source and geographic destination to depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

Revenue by source consisted of the following for the three and nine months ended September 30, 2021 and 2020:

	Three Months Ended September 30,				Nine months ended September 30,
(Amounts in thousands)	2021		2020		2021		2020
Revenue by products and services:
Products	$	3,847	$	1,726	$	8,713	$	6,298
Services		268		292		1,099		1,215
Total revenue	$	4,115	$	2,018	$	9,812	$	7,513

Revenue by geographic destination consisted of the following for the for the three and nine months ended September 30, 2021 and 2020:

	Three Months Ended September 30,				Nine months ended September 30,
(Amounts in thousands)	2021		2020		2021		2020
Revenue by geography:
North America	$	3,665	$	1,831	$	7,945	$	6,755
International		450		187		1,867		758
Total revenue	$	4,115	$	2,018	$	9,812	$	7,513

Contract Balances

The Company records contract assets when it has a right to consideration and records accounts receivable when it has an unconditional right to consideration. Contract liabilities consist of cash payments received (or unconditional rights to receive cash) in advance of fulfilling performance obligations. As of September 30, 2021, the Company did not have a contract assets balance.

The following table is a summary of the Company’s opening and closing balances of contract liabilities related to contracts with customers.

(Amounts in thousands)	Total
Balance at December 31, 2020	$	864
Increase		2,190
Balance at September 30, 2021	$	3,054

The amount of revenue recognized in the nine months ended September 30, 2021 that was included in the prior period contract liability balance was $2.2 million. This revenue consisted of services provided to customers who had been invoiced prior to the current year.