Revenue

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

REVENUE

NOTE 4 REVENUE

The following table is a summary of the Company’s timing of revenue recognition for the three months ended March 31, 2022 and 2021:

	For the Three Months Ended
	March 31,
(Amounts in thousands)	2022		2021
Timing of revenue recognition:
Services and products transferred at a point in time	$	3,131	$	1,896
Services and products transferred over time		98		190
Total revenue	$	3,229	$	2,086

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 months ended March 31, 2022 and 2021:

	For the Three Months Ended
	March 31,
(Amounts in thousands)	2022		2021
Revenue by products and services:
Products	$	3,131	$	1,619
Services		98		467
Total revenue	$	3,229	$	2,086

Revenue by geographic destination consisted of the following for the three months ended March 31, 2022 and 2021:

	For the Three Months Ended
	March 31,
(Amounts in thousands)	2022		2021
Revenue by geography:
North America	$	2,725	$	1,736
International		504		350
Total revenue	$	3,229	$	2,086

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 March 31, 2022 and December 31, 2021, the Company did not have a material 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, 2021	$	3,924
New invoices not yet earned		1,327
Old invoices earned		(631	)
Balance at March 31, 2022	$	4,620