Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.21.2
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Net Revenue Disaggregate by Product Category

The following table presents the Company’s net revenue disaggregated by product category:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Smartphones

 

$

2,800

 

 

$

5,684

 

 

$

11,115

 

 

$

18,040

 

Feature Phones

 

 

11,396

 

 

 

8,323

 

 

 

25,735

 

 

 

28,059

 

Scanners

 

 

3

 

 

 

 

 

1,094

 

 

 

Accessories/Other

 

 

246

 

 

 

386

 

 

695

 

 

 

2,058

 

 

 

$

14,445

 

 

$

14,393

 

 

$

38,639

 

 

$

48,157

 

 

Summary of Contract Balances

The following table is a rollforward of contract balances as of September 30, 2021:

 

 

 

Contractual

 

 

 

Liability

 

Balance at, January 1, 2021

 

$

5

 

Recognition of revenue

 

 

(880

)

Addition to deferred revenue

 

 

875

 

Balance at, September 30, 2021

 

$

 

Percentage of Total Revenues

Revenue from customers with concentration greater than 10% in the three and nine months ended September 30, 2021, and 2020 accounted for approximately the following percentage of total revenues:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Customer A

 

21%

 

 

11%

 

 

27%

 

 

*

 

Customer B

 

23%

 

 

28%

 

 

24%

 

 

40%

 

Customer C

 

28%

 

 

11%

 

 

13%

 

 

11%

 

Customer D

 

*

 

 

13%

 

 

*

 

 

10%

 

 

*

Customer revenue did not exceed 10% in the respective period.