Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Revenues for the three months ended March 31, 2020


(in thousands)
Region	North America (1)		EMEA (2)		Latin America (3)		Asia Pacific (4)		Total Revenue
Product
1-MCP based	$	561	$	5,320	$	16,582	$	4,815	$	27,278
Fungicides, waxes, coatings, sanitizers	—		3,873		594		—		4,467
Other*	442		439		355		42		1,278
	$	1,003	$	9,632	$	17,531	$	4,857	$	33,023

Pattern of Revenue Recognition
Products transferred at a point in time	$	581	$	9,203	$	17,439	$	4,815	$	32,038
Services transferred over time	422		429		92		42		985
	$	1,003	$	9,632	$	17,531	$	4,857	$	33,023

Revenues for the three months ended March 31, 2019


(in thousands)
Region	North America (1)		EMEA (2)		Latin America (3)		Asia Pacific (4)		Total Revenue
Product
1-MCP based	$	2,602	$	6,781	$	19,469	$	4,353	$	33,205
Fungicides, waxes, coatings, sanitizers	—		4,887		565		—		5,452
Other*	123		12		139		9		283
	$	2,725	$	11,680	$	20,173	$	4,362	$	38,940

Pattern of Revenue Recognition
Products transferred at a point in time	$	2,290	$	11,074	$	20,143	$	4,329	$	37,836
Services transferred over time	435		606		30		33		1,104
	$	2,725	$	11,680	$	20,173	$	4,362	$	38,940

*Other includes FreshCloud, technical services and sales-type leases related to Tecnidex.

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(1) North America includes the United States and Canada.

(2) EMEA includes Europe, the Middle East and Africa.

(3) Latin America includes Argentina, Brazil, Chile, Costa Rica, Colombia, Dominican Republic, Ecuador, Guatemala, Mexico, Peru and Uruguay.

(4) Asia Pacific includes Australia, China, India, Japan, New Zealand, the Philippines, South Korea, Taiwan and Thailand.

Schedule of changes in contract assets and liabilities

The following table presents changes in the Company’s contract assets and liabilities during the three months ended March 31, 2020 and the year ended December 31, 2019:


(in thousands)	Balance at January 1, 2020		Additions	Deductions	Balance at March 31, 2020
Contract assets:
Unbilled revenue	$	1,666	734	(100)	$	2,300
Contract liabilities:
Deferred revenue	$	1,175	2,539	(835)	$	2,879


(in thousands)	Balance at January 1, 2019		Additions	Deductions	Balance at December 31, 2019
Contract assets:
Unbilled revenue	$	1,956	10,029	(10,319)	$	1,666
Contract liabilities:
Deferred revenue	$	1,280	3,032	(3,137)	$	1,175