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SEGMENT INFORMATION
9 Months Ended
Sep. 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 September 30, 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

29,615

​

$

9,105

​

$

4,217

​

$

42,937

Services

 

​

2,457

 

​

1,279

 

​

413

 

​

4,149

Total

​

$

32,072

​

$

10,384

​

$

4,630

​

$

47,086

​

Revenue for the three months ended September 30, 2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

17,556

​

$

5,031

​

$

1,362

​

$

23,949

Services

 

​

1,005

 

​

327

 

​

157

 

​

1,489

Total

​

$

18,561

​

$

5,358

​

$

1,519

​

$

25,438

​

Revenue for the nine months ended September 30, 2022

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

​

Total

Products

​

$

94,958

​

$

29,017

​

$

11,110

​

$

135,085

Services

 

​

8,001

 

​

4,427

 

​

953

​

​

13,381

Total

​

$

102,959

​

$

33,444

​

$

12,063

​

$

148,466

​

Revenue for the nine months ended September 30, 2021

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Americas

    

EMEA

    

APAC

    

Total

Products

​

$

33,907

​

$

11,326

​

$

6,587

​

$

51,820

Services

 

​

2,615

 

​

923

 

​

370

 

​

3,908

Total

​

$

36,522

​

$

12,249

​

$

6,957

​

$

55,728

​

​

During the three and nine months ended September 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

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

​

2022

    

2021

    

2022

    

2021

Revenue recognized at a point in time

​

$

42,937

​

$

23,949

​

$

135,085

​

$

51,820

Revenue recognized over time

​

 

4,149

​

 

1,489

​

 

13,381

​

 

3,908

Total

​

$

47,086

​

$

25,438

​

$

148,466

​

$

55,728

​

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):

​

​

​

​

​

​

​

​

​

September 30, 

​

December 31, 

​

​

2022

​

2021

Americas

​

$

59,492

​

$

58,355

EMEA

​

​

15,526

​

​

11,289

APAC

​

​

5,395

​

​

6,861

Total long-lived assets

​

$

80,413

​

$

76,505

​