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Revenue Recognition
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Deferred Revenue

Deferred revenue is as follows:
(in thousands)September 30, 2026December 31, 2025
Current$30,997 $25,913 
Non-current2,759 1,841 
Total$33,756 $27,754 

Most performance obligations greater than one year relate to service and support contracts that the Company expects to fulfill within 36 months of the reporting period. The Company expects to fulfill 100% of service and support contracts within 60 months of the reporting period.

The changes in deferred revenue, inclusive of both current and long-term, are as follows:

(in thousands)20262025
Beginning balance - January 1$27,754 $24,695 
Acquired deferred revenue (refer to "Note 3 - Acquisitions")92 809 
Recognition of deferred revenue(119,097)(126,588)
Deferral of revenue125,159 133,788 
Impact of foreign currency translation on deferred revenue(152)991 
Ending balance - September 30$33,756 $33,695 
The above tables exclude customer deposits of $2.6 million and $2.1 million as of September 30, 2026 and 2025, respectively. During the nine months ended September 30, 2026 and 2025, the Company recognized revenue included in deferred revenue at the beginning of each respective period of $24.0 million and $21.5 million.

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, 2026Three Months Ended September 30, 2025
(in thousands)Point in timeOver timePoint in timeOver time
Subscription service$— $85,875 $— $74,763 
Hardware34,372 — 29,895 — 
Professional service7,182 9,679 4,924 9,601 
Total$41,554 $95,554 $34,819 $84,364 

Nine Months Ended September 30, 2026Nine Months Ended September 30, 2025
(in thousands)Point in timeOver timePoint in timeOver time
Subscription service$— $247,788 $— $215,076 
Hardware98,712 — 78,602 — 
Professional service18,606 29,385 13,193 28,575 
Total$117,318 $277,173 $91,795 $243,651