SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

SEGMENT INFORMATION

Schedule of disaggregation of revenue by geographic areas

Disaggregated revenue data for those markets is as follows (in thousands):

Revenue during the year ended December 31, 2023

	Americas		EMEA		APAC		Total
Products	$	107,000	$	47,015	$	14,076	$	168,091
Services		12,769		7,380		1,458		21,607
Total	$	119,769	$	54,395	$	15,534	$	189,698

Revenue during the year ended December 31, 2022

	Americas		EMEA		APAC		Total
Products	$	124,778	$	48,981	$	16,489	$	190,248
Services		11,324		6,159		1,292		18,775
Total	$	136,102	$	55,140	$	17,781	$	209,023

Revenue during the year ended December 31, 2021

	Americas		EMEA		APAC		Total
Products	$	71,875	$	22,404	$	11,715	$	105,994
Services		4,087		1,693		634		6,414
Total	$	75,962	$	24,097	$	12,349	$	112,408

Schedule of disaggregation of revenue

During the years ended December 31, 2023, 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):

	Years Ended
	December 31,
	2023		2022		2021
Revenue recognized at a point in time	$	168,091	$	190,248	$	105,994
Revenue recognized over time		21,607		18,775		6,414
Total	$	189,698	$	209,023	$	112,408

Schedule of long lived assets

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):

	Years Ended December 31,
	2023		2022
Americas	$	46,390	$	56,145
EMEA		13,320		16,399
APAC		5,853		5,874
Total long-lived assets	$	65,563	$	78,418