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Revenues (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Net Revenues Based On Geography Location

The following tables present the Company’s net revenues disaggregated by geography based on the location of the customer, by product line (in thousands):

 

 

Three Months Ended June 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

18,229

 

 

$

15,827

 

 

$

34,056

 

Europe

 

 

6,955

 

 

 

6,034

 

 

 

12,989

 

Asia Pacific

 

 

13,127

 

 

 

45,619

 

 

 

58,746

 

All other

 

 

923

 

 

 

33

 

 

 

956

 

 

$

39,234

 

 

$

67,513

 

 

$

106,747

 

 

 

Six Months Ended June 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

39,485

 

 

$

29,537

 

 

$

69,022

 

Europe

 

 

14,501

 

 

 

10,061

 

 

 

24,562

 

Asia Pacific

 

 

29,974

 

 

 

79,063

 

 

 

109,037

 

All other

 

 

1,799

 

 

 

143

 

 

 

1,942

 

 

$

85,759

 

 

$

118,804

 

 

$

204,563

 

 

 

Three Months Ended June 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

18,668

 

 

$

12,782

 

 

$

31,450

 

Europe

 

 

5,041

 

 

 

2,229

 

 

 

7,270

 

Asia Pacific

 

 

9,846

 

 

 

52,550

 

 

 

62,396

 

All other

 

 

968

 

 

 

102

 

 

 

1,070

 

 

$

34,523

 

 

$

67,663

 

 

$

102,186

 

 

 

Six Months Ended June 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

32,729

 

 

$

23,408

 

 

$

56,137

 

Europe

 

 

12,083

 

 

 

4,997

 

 

 

17,080

 

Asia Pacific

 

 

23,367

 

 

 

92,045

 

 

 

115,412

 

All other

 

 

1,701

 

 

 

138

 

 

 

1,839

 

 

$

69,880

 

 

$

120,588

 

 

$

190,468

 

Summary of Net Revenues Disaggregated by Geography

The following tables present the Company’s net revenues disaggregated by the category of revenue, by product line (in thousands):

 

 

Three Months Ended June 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

24,435

 

 

$

55,556

 

 

$

79,991

 

Stocking distributors, net of sales allowances

 

 

14,338

 

 

 

6,345

 

 

 

20,683

 

Non-recurring engineering

 

 

461

 

 

 

2,796

 

 

 

3,257

 

Royalties

 

 

 

 

 

2,456

 

 

 

2,456

 

Other

 

 

 

 

 

360

 

 

 

360

 

 

$

39,234

 

 

$

67,513

 

 

$

106,747

 

 

 

 

Six Months Ended June 30, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

54,921

 

 

$

97,569

 

 

$

152,490

 

Stocking distributors, net of sales allowances

 

 

30,075

 

 

 

11,397

 

 

 

41,472

 

Non-recurring engineering

 

 

763

 

 

 

4,924

 

 

 

5,687

 

Royalties

 

 

 

 

 

4,476

 

 

 

4,476

 

Other

 

 

 

 

 

438

 

 

 

438

 

 

$

85,759

 

 

$

118,804

 

 

$

204,563

 

 

 

Three Months Ended June 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

23,566

 

 

$

61,979

 

 

$

85,545

 

Stocking distributors, net of sales allowances

 

 

10,908

 

 

 

3,102

 

 

 

14,010

 

Non-recurring engineering

 

 

49

 

 

 

1,908

 

 

 

1,957

 

Royalties

 

 

 

 

 

656

 

 

 

656

 

Other

 

 

 

 

 

18

 

 

 

18

 

 

$

34,523

 

 

$

67,663

 

 

$

102,186

 

 

 

Six Months Ended June 30, 2022

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

47,967

 

 

$

109,450

 

 

$

157,417

 

Stocking distributors, net of sales allowances

 

 

21,672

 

 

 

6,846

 

 

 

28,518

 

Non-recurring engineering

 

 

241

 

 

 

3,294

 

 

 

3,535

 

Royalties

 

 

 

 

 

962

 

 

 

962

 

Other

 

 

 

 

 

36

 

 

 

36

 

 

$

69,880

 

 

$

120,588

 

 

$

190,468

 

Summary of Changes in Contract Assets And Liabilities

The following table presents the changes in certain contract assets and (liabilities) (in thousands):

 

 

June 30, 2023

 

 

December 31, 2022

 

 

Change

 

Short-term deferred revenue and customer prepayments

 

$

(6,620

)

 

$

(13,197

)

 

$

6,577

 

Long-term deferred revenue

 

 

(1,761

)

 

 

(145

)

 

$

(1,616

)

Deferred expenses

 

 

30

 

 

 

577

 

 

$

(547

)

Sales allowances

 

 

(2,571

)

 

 

(1,661

)

 

$

(910

)