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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2022
SEGMENT INFORMATION  
SEGMENT INFORMATION

22. SEGMENT INFORMATION

In its operation of the business, management, including the Company’s chief operating decision maker, who is also Chief Executive Officer, reviews the business as one segment. The Company currently ships its product to markets in the Americas, Europe Middle East and Africa (“EMEA”), and Asia Pacific (“APAC”). Disaggregated revenue data for those markets is as follows (in thousands):

Revenue for the three months ended June 30, 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

37,414

​

$

11,319

​

$

3,939

​

$

52,672

Services

 

​

2,738

 

​

1,948

 

​

316

 

​

5,002

Total

​

$

40,152

​

$

13,267

​

$

4,255

​

$

57,674

​

Revenue for the three months ended June 30, 2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

10,497

​

$

3,769

​

$

3,294

​

$

17,560

Services

 

​

904

 

​

381

 

​

132

 

​

1,417

Total

​

$

11,401

​

$

4,150

​

$

3,426

​

$

18,977

​

Revenue for the six months ended June 30, 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

​

Total

Products

​

$

65,343

​

$

19,912

​

$

6,893

​

$

92,148

Services

 

​

5,544

 

​

3,148

 

​

540

​

​

9,232

Total

​

$

70,887

​

$

23,060

​

$

7,433

​

$

101,380

​

Revenue for the six months ended June 30, 2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

16,350

​

$

6,296

​

$

5,225

​

$

27,871

Services

 

​

1,610

 

​

596

 

​

213

 

​

2,419

Total

​

$

17,960

​

$

6,892

​

$

5,438

​

$

30,290

​

​

During the three and six months ended June 30, 2022 and 2021, the Company recognized the following revenue from service contracts and cloud-based software licenses over time, and hardware and consumable product shipments and subscription software at a point in time (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Six Months Ended

​

​

June 30, 

​

June 30, 

​

​

2022

    

2021

    

2022

    

2021

Revenue recognized at a point in time

​

$

52,672

​

$

17,560

​

$

92,148

​

$

27,871

Revenue recognized over time

​

 

5,002

​

 

1,417

​

 

9,232

​

 

2,419

Total

​

$

57,674

​

$

18,977

​

$

101,380

​

$

30,290

​

The Company’s operations are principally in the United States. The locations of long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, are summarized as follows (in thousands):

​

​

​

​

​

​

​

​

​

June 30, 

​

December 31, 

​

​

2022

​

2021

Americas

​

$

51,300

​

$

58,355

EMEA

​

​

23,038

​

​

11,289

APAC

​

​

5,718

​

​

6,861

Total long-lived assets

​

$

80,056

​

$

76,505

​