Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.22.2.2
Revenue (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregates revenue by timing of goods or services

The following table disaggregates revenue by timing of transfer of goods or services:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

 

(in thousands)

 

Transferred over time

 

$

22,116

 

 

$

18,537

 

 

$

50,276

 

 

$

26,748

 

Transferred at a point in time

 

 

1,481

 

 

 

257

 

 

 

2,261

 

 

 

514

 

Total revenue

 

$

23,597

 

 

$

18,794

 

 

$

52,537

 

 

$

27,262

 
Summary of Changes in Contract Liabilities The following table summarizes changes in contract liabilities during the nine months ended September 30, 2022:

 

 

 

Contract Liabilities

 

 

 

(in thousands)

 

Contract liabilities at December 31, 2021

 

$

19,216

 

Additions to contract liabilities during the period

 

 

47,444

 

Change in provision for contract loss

 

 

(4,762

)

Revenue recognized in the period from:

 

 

 

Amounts included in contract liabilities at the beginning of the period

 

 

(5,962

)

Amounts added to contract liabilities during the period

 

 

(41,061

)

Contract liabilities at September 30, 2022

 

$

14,875

 

 

 

 

 

 

Contract Assets

 

 

 

(in thousands)

 

Contract assets at December 31, 2021

 

$

4,257

 

Additions to contract assets during the period

 

 

753

 

Contract assets at September 30, 2022

 

$

5,010

 

 

Contract assets are classified in “Other current assets”, in the accompanying condensed consolidated balance sheets.