Revenue

3 Months Ended

Mar. 31, 2022

Revenue From Contract With Customer [Abstract]

Revenue

3. Revenue

The disaggregation of revenue was as follows:

	Three Months Ended March 31,
	2022		2021
	(in thousands)
Over-time revenue	$	137	$	1,105
Point-in-time revenue		42,492		39,039
Total revenue	$	42,629	$	40,144

Revenue for unsatisfied performance obligations expected to be recognized in the future was $0.1 million as of March 31, 2022 and $6.6 million as of December 31, 2021. The decrease was primarily due to an agreement modification whereby the Company agreed to a $6.2 million cash settlement with one of its customers in exchange for the full, final and immediate termination of certain deferred revenue liabilities. See Note 14—Subsequent Events for additional details. The remaining decrease was due to the recognition of revenue related to amounts that were included in the deferred revenue balance as of December 31, 2021. The revenue recognized consisted of the Company satisfying performance obligations during the normal course of business.

Remaining deferred revenue that is anticipated to be recognized during the succeeding 12-month period is recorded in the current portion of deferred revenue within the condensed consolidated balance sheets.