Quarterly report pursuant to Section 13 or 15(d)

Disaggregation of Revenue (Tables)

v3.22.1
Disaggregation of Revenue (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue Revenues consisted of the following (in thousands):
For the Three Months Ended March 31,
2022 2021
Recurring revenue
 Hardware $ —  $ — 
 Software 2,310  1,460 
 Professional services —  35 
 Total recurring revenue $ 2,310  $ 1,495 
Non-recurring revenue
 Hardware $ 821  $ 814 
 Software 368  311 
 Professional services 1,732  334 
 Total non-recurring revenue $ 2,921  $ 1,459 
 Total Revenue $ 5,231  $ 2,954 
For the Three Months Ended March 31,
2022 2021
Revenue recognized at a point in time
Indoor Intelligence (1) $ 821  $ 814 
Saves (1) 368  311 
Shoom (1) —  — 
Total $ 1,189  $ 1,125 
Revenue recognized over time
Indoor Intelligence (2) (3) $ 3,158  $ 803 
Saves (3) 366  521 
Shoom (3) 518  505 
Total $ 4,042  $ 1,829 
Total Revenue $ 5,231  $ 2,954 
(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 overtime.