Revenue

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

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):

	Year Ended
	December 31, 2021		December 31, 2020		December 31, 2019
Geographic Markets
Malaysia	$	65	$	83	$	—
USA	84,303		1,631		41,873
PRC	29,712		25,045		2,693
Total	$	114,080	$	26,759	$	44,566
Product or Service
Digital asset management services	$	—	$	—	$	40,700
Digital advertising services and other	231		1,631		1,173
Title and escrow services	72,686		—		—
Electric vehicle products	31,123		19,462		—
Electric vehicle services	204		—		2,693
Combustion engine vehicles	—		5,160		—
Charging, battery and powertrain products	5,886		506		—
Charging, battery and powertrain services	2,645		—		—
Other revenue	1,305		—		—
Total	$	114,080	$	26,759	$	44,566
Timing of Revenue Recognition
Products and services transferred at a point in time	$	110,079	$	26,729	$	3,866
Products and services provided over time	4,001		30		40,700
Total	$	114,080	$	26,759	$	44,566

The following table provides information about client receivables, contract liabilities and contract assets from contracts with customers:

	Year ended
	December 31, 2021		December 31, 2020
Balances from contracts with customers:
Accounts receivable	$	3,338	$	7,400
Deferred revenue	5,392		1,129
Contract assets	2,772		—

In the years ended December 31, 2021, 2020 and 2019, the Company recognized revenue of $0.6 million, $0.5 million, and $0.3 million recorded in deferred revenue as of the beginning of the period.

In the years ended December 31, 2021, 2020 and 2019, the Company recorded grant revenue of $1.3 million, $0.0 million, and $0.0 million in "Other revenue" in the consolidated statements of operations.

In the year ended December 31, 2021 the Company recorded a contract asset of $0.6 million as US Hybrid has an amount due of this amount from a customer contract for which US Hybrid has not yet performed the performance obligations. The Company expects to recognize this revenue of $0.6 million in the year ending December 31, 2022, and at that time will reclassify the contract asset.