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Revenue (Tables)
9 Months Ended
Sep. 30, 2020
Revenue  
Schedule of revenues disaggregated by revenue source, geography and timing of revenue recognition

The following table summarizes the Company's revenues disaggregated by revenue source, geography (based on the Company's business locations), and timing of revenue recognition (in thousands):

Three Months Ended

Nine Months Ended

    

September 30, 2020

    

September 30, 2019

    

September 30, 2020

    

September 30, 2019

    

Geographic Markets

 

  

 

  

 

  

 

  

 

Malaysia

$

33

$

$

42

$

USA

 

480

 

250

 

908

 

41,650

China

 

10,107

 

2,854

 

14,740

 

2,854

Total

$

10,620

$

3,104

$

15,690

$

44,504

Product or Service

 

  

 

  

 

  

 

  

Digital asset management services

$

$

$

$

40,700

Digital advertising services and other

 

480

250

 

908

950

Electric vehicles*

8,872

2,854

9,622

2,854

Combustion engine vehicles*

 

1,268

 

 

5,160

 

Total

$

10,620

$

3,104

$

15,690

$

44,504

Timing of Revenue Recognition

Products transferred at a point in time

$

10,620

$

3,104

$

15,690

$

3,804

Services provided over time

40,700

Total

$

10,620

$

3,104

$

15,690

$

44,504

*   The revenues for the three and the nine months ended September 30, 2020 were recorded on either a Principal or Agency basis, depending on the terms of the underlying transaction, including the ability to control the product and the level of inventory risk taken.The combustion engine vehicles for the three and the nine months ended September 30, 2020 were recorded on a Principal basis because the Company has inventory risk in the transaction.