Quarterly report pursuant to Section 13 or 15(d)

Disaggregation of Revenue (Tables)

v3.23.1
Disaggregation of Revenue (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue Revenues consisted of the following (in thousands):
For the Three Months Ended March 31,
2023 2022
Recurring revenue
 Software 1,014  1,051 
 Total recurring revenue $ 1,014  $ 1,051 
Non-recurring revenue
 Hardware $ 1,305  $ 820 
 Software 42  410 
 Professional services 743  368 
 Total non-recurring revenue $ 2,090  $ 1,598 
 Total Revenue $ 3,104  $ 2,649 
For the Three Months Ended March 31,
2023 2022
Revenue recognized at a point in time
Indoor Intelligence (1) $ 1,656  $ 820 
SAVES (1) 393  368 
Total $ 2,049  $ 1,188 
Revenue recognized over time
Indoor Intelligence (2) (3) $ 253  $ 577 
SAVES (3) 325  366 
Shoom (3) 477  518 
Total $ 1,055  $ 1,461 
Total Revenue $ 3,104  $ 2,649 
(1) Hardware and Software's performance obligation is satisfied at a point in time where when they are shipped to the customer.
(2) Professional services are also contracted on the fixed fee and time and materials basis. Fixed fees are paid monthly, in phases, or upon acceptance of deliverables. The Company has elected the practical expedient to recognize revenue for the right to invoice because the Company’s right to consideration corresponds directly with the value to the customer of the performance completed to date, in which revenue is recognized over time.
(3) Software As A Service Revenue's performance obligation is satisfied evenly over the service period using a time-based measure because the Company is providing continuous access to its service and service is recognized over time.