Revenue Recognition - Topic 606 (Tables)

12 Months Ended

Dec. 31, 2019

REVENUE RECOGNITION - TOPIC 606

Summary of revenue performance obligations

The following is a summary of our revenue performance obligations:

	For the Year Ended December 31,
	2019				2018
(In thousands)	Revenues		Percent of Revenues		Revenues		Percent of Revenues
Revenue recognized over time	$	2,029	3	%	$	4,118	6	%
Revenue recognized at a point in time		57,234	97	%		60,602	94	%
	$	59,263	100	%	$	64,720	100	%

Summary of contract assets and contract liabilities

The following summarizes our contract assets and contract liabilities:

(In thousands)	December 31, 2019		December 31, 2018
Contract assets, included in other current assets	$	2	$	—
Contract liabilities - advance customer payments	$	389	$	366
Contract liabilities - deferred warranty revenue	$	275	$	218

Summary of the amounts reclassified from beginning contract liabilities to revenue

The following summarizes the amounts reclassified from beginning contract liabilities to revenue:

	Year Ended December 31,
(In thousands)	2019		2018
Amounts reclassified from beginning contract liabilities to revenue	$	334	$	354
Amounts reclassified from deferred warranty revenue	213		225
Total	$	547	$	579