Revenue

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

REVENUE

NOTE 5 REVENUE

The following table is a summary of the Company’s timing of revenue recognition for the three and six months ended June 30, 2022 and 2021:

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Amounts in thousands)	2022		2021		2022		2021
Timing of revenue recognition:
Services and products transferred at a point in time	$	2,037	$	2,263	$	3,992	$	3,174
Services and products transferred over time		51		138		149		328
Total revenue	$	2,088	$	2,401	$	4,141	$	3,502

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 six months ended June 30, 2022 and 2021:

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Amounts in thousands)	2022		2021		2022		2021
Revenue by products and services:
Products	$	2,037	$	2,040	$	3,992	$	2,671
Services		51		361		149		831
Total revenue	$	2,088	$	2,401	$	4,141	$	3,502

Revenue by geographic destination consisted of the following for the three and six months ended June 30, 2022 and 2021:

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Amounts in thousands)	2022		2021		2022		2021
Revenue by geography:
North America	$	1,944	$	1,340	$	3,493	$	2,085
International		144		1,061		648		1,417
Total revenue	$	2,088	$	2,401	$	4,141	$	3,502

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 June 30, 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	$	3,415
New invoices not yet earned		1,880
Old invoices earned		(599	)
Balance at June 30, 2022	$	4,696