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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Summary of Deferred Revenues Deferred revenue as of March 31, 2019 and December 31, 2018 consisted of the following:

 

 

March 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Service activation fees

 

$

2,826

 

 

$

2,813

 

Prepaid services

 

 

8,102

 

 

 

7,816

 

Extended warranty revenues

 

 

847

 

 

 

796

 

 

 

 

11,775

 

 

 

11,425

 

Less current portion

 

 

(5,312

)

 

 

(5,954

)

Long-term portion

 

$

6,463

 

 

$

5,471

 

 

Components of Revenue from Contracts with Customers

The following table summarizes the components of revenue from contracts with customers, as well as revenue recognized under ASC 842:

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

Recurring service revenues

 

$

37,529

 

 

$

36,725

 

Other service revenues

 

 

1,478

 

 

 

1,267

 

Total service revenues

 

 

39,007

 

 

 

37,992

 

Product revenue

 

 

25,822

 

 

 

27,712

 

Total revenue from contracts with customers

 

 

64,829

 

 

 

65,704

 

Revenue recognized under ASC 842

 

 

1,206

 

 

 

2,269

 

Total revenues

 

$

66,035

 

 

$

67,973

 

Summary of carrying and fair values of senior secured notes

The carrying amounts and fair values of the Company’s Senior Secured Notes are shown in the following table:

 

 

 

March 31, 2019

 

 

December 31, 2018

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Carrying

Amount

 

 

Fair

Value

 

Senior Secured Notes

 

$

250,000

 

 

$

257,500

 

 

$

250,000

 

 

$

255,000