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Revenues (Tables)
3 Months Ended
Mar. 31, 2024
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 March 31, 2024

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

20,974

 

 

$

27,186

 

 

$

48,160

 

Europe

 

 

6,857

 

 

 

3,999

 

 

 

10,856

 

Asia Pacific

 

 

12,268

 

 

 

12,052

 

 

 

24,320

 

All other

 

 

493

 

 

 

43

 

 

 

536

 

 

$

40,592

 

 

$

43,280

 

 

$

83,872

 

 

 

Three Months Ended March 31, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

United States

 

$

21,256

 

 

$

13,710

 

 

$

34,966

 

Europe

 

 

7,546

 

 

 

4,027

 

 

 

11,573

 

Asia Pacific

 

 

16,847

 

 

 

33,444

 

 

 

50,291

 

All other

 

 

876

 

 

 

110

 

 

 

986

 

 

$

46,525

 

 

$

51,291

 

 

$

97,816

 

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 March 31, 2024

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

20,810

 

 

$

21,640

 

 

$

42,450

 

Stocking distributors, net of sales allowances

 

 

19,407

 

 

 

9,632

 

 

 

29,039

 

Non-recurring engineering

 

 

375

 

 

 

3,468

 

 

 

3,843

 

Royalties

 

 

 

 

 

8,180

 

 

 

8,180

 

Other

 

 

 

 

 

360

 

 

 

360

 

 

$

40,592

 

 

$

43,280

 

 

$

83,872

 

 

 

Three Months Ended March 31, 2023

 

 

Brick Products

 

 

Advanced Products

 

 

Total

 

Direct customers, contract manufacturers and
   non-stocking distributors

 

$

30,486

 

 

$

42,013

 

 

$

72,499

 

Stocking distributors, net of sales allowances

 

 

15,737

 

 

 

5,052

 

 

 

20,789

 

Non-recurring engineering

 

 

302

 

 

 

2,128

 

 

 

2,430

 

Royalties

 

 

 

 

 

2,020

 

 

 

2,020

 

Other

 

 

 

 

 

78

 

 

 

78

 

 

$

46,525

 

 

$

51,291

 

 

$

97,816

 

 

 

 

 

 

 

Summary of Changes in Contract Liabilities

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

 

 

March 31, 2024

 

 

December 31, 2023

 

 

Change

 

Short-term deferred revenue and customer prepayments

 

$

(2,684

)

 

$

(3,157

)

 

$

473

 

Long-term deferred revenue

 

 

(660

)

 

 

(1,020

)

 

 

360

 

Sales allowances

 

 

(3,130

)

 

 

(3,482

)

 

 

352