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

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of disaggregated revenue

The Company determined that disaggregating revenue into these categories achieves the disclosure objective of depicting how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.Revenues for the three months ended June 30, 2022

(in thousands)
Region	North America  (1)	EMEA (2)	Latin America (3)	Asia Pacific (4)	Total Revenues
Product
1-MCP based	$1,604	$5,238	$6,501	$5,808	$19,151
Fungicides, disinfectants and coatings	—	4,505	1,704	93	6,302
Other*	2	—	99	198	299
	$1,606	$9,743	$8,304	$6,099	$25,752
Pattern of Revenue Recognition
Products transferred at a point in time	$1,542	$9,588	$8,069	$6,021	$25,220
Services transferred over time	64	155	235	78	532
	$1,606	$9,743	$8,304	$6,099	$25,752

Revenues for the three months ended June 30, 2021

(in thousands)
Region	North America  (1)	EMEA (2)	Latin America (3)	Asia Pacific (4)	Total Revenues
Product
1-MCP based	$580	$5,434	$5,623	$5,212	$16,849
Fungicides, disinfectants and coatings	—	3,317	999	—	4,316
Other*	235	74	350	100	759
	$815	$8,825	$6,972	$5,312	$21,924
Pattern of Revenue Recognition
Products transferred at a point in time	$588	$8,755	$6,725	$5,218	$21,286
Services transferred over time	227	70	247	94	638
	$815	$8,825	$6,972	$5,312	$21,924

Revenues for the six months ended June 30, 2022

(in thousands)
Region	North America  (1)	EMEA (2)	Latin America (3)	Asia Pacific (4)	Total Revenues
Product
1-MCP based	$3,135	$11,805	$23,040	$11,922	$49,902
Fungicides, disinfectants and coatings	—	10,358	3,824	93	14,275
Other*	316	398	483	267	1,464
	$3,451	$22,561	$27,347	$12,282	$65,641
Pattern of Revenue Recognition
Products transferred at a point in time	$3,198	$22,021	$27,004	$12,161	$64,384
Services transferred over time	253	540	343	121	1,257
	$3,451	$22,561	$27,347	$12,282	$65,641

Revenues for the six months ended June 30, 2021

(in thousands)
Region	North America  (1)	EMEA (2)	Latin America (3)	Asia Pacific (4)	Total Revenues
Product
1-MCP based	$2,344	$10,796	$24,364	$11,176	$48,680
Fungicides, disinfectants and coatings	14	7,863	2,546	—	10,423
Other*	391	473	801	148	1,813
	$2,749	$19,132	$27,711	$11,324	$60,916
Pattern of Revenue Recognition
Products transferred at a point in time	$2,355	$18,663	$27,352	$11,191	$59,561
Services transferred over time	394	469	359	133	1,355
	$2,749	$19,132	$27,711	$11,324	$60,916

*Other includes FreshCloud, technical services and sales-type equipment leases related to AgroFresh Fruit Protection.

(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 six months ended June 30, 2022 and the year ended December 31, 2021:

(in thousands)	Balance at December 31, 2021	Additions	Deductions	Balance at June 30, 2022
Contract assets:
Unbilled revenue	$795	7,030	(5,599)	$2,226
Contract liabilities:
Deferred revenue	$635	2,078	(2,279)	$434

(in thousands)	Balance at December 31, 2020	Additions	Deductions	Balance at December 31, 2021
Contract assets:
Unbilled revenue	$1,484	17,617	(18,306)	$795
Contract liabilities:
Deferred revenue	$1,474	4,123	(4,962)	$635