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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Performance Obligations
Deferred revenue is as follows:
(in thousands)September 30, 2024December 31, 2023
Current$28,777 $7,250 
Non-current1,733 4,204 
Total$30,510 $11,454 
The changes in deferred revenue, inclusive of both current and long-term, are as follows:

(in thousands)20242023
Beginning balance - January 1$11,454 $13,584 
Acquired deferred revenue (Note 3)12,391 — 
Recognition of deferred revenue(73,706)(19,074)
Deferral of revenue79,911 17,889 
Impact of foreign currency translation on deferred revenue460 — 
Ending balance - September 30$30,510 $12,399 
Schedule of Disaggregated Revenue
The Company disaggregates revenue from contracts with customers by major product line because the Company believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by contract terms and economic factors.

Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Point in timeOver timePoint in timeOver time
Subscription service$— $59,909 $— $31,363 
Hardware22,650 — 25,824 — 
Professional service5,263 8,932 4,272 7,242 
Total$27,913 $68,841 $30,096 $38,605 
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Point in timeOver timePoint in timeOver time
Subscription service$— $143,160 $— $89,700 
Hardware60,992 — 78,991 — 
Professional service15,977 24,848 16,467 21,656 
Total$76,969 $168,008 $95,458 $111,356