v3.25.1
Revenues
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Nature of Products and Services
The following tables present our revenues by primary product and service offering and reportable segment (in thousands). All periods presented reflect the impact of the Segment Realignment discussed in Note 1.
Three Months Ended March 31, 2025Three Months Ended March 31, 2024
Connected DevicesSoftware and ServicesTotalConnected DevicesSoftware and ServicesTotal
TASER (1)
$195,495 $— $195,495 $164,599 $— $164,599 
Personal Sensors (2)
88,405 — 88,405 68,000 — 68,000 
Platform Solutions (3)
56,996 — 56,996 37,825 — 37,825 
Software and Services — 262,737 262,737 — 189,447 189,447 
Total$340,896 $262,737 $603,633 $270,424 $189,447 $459,871 
(1)'TASER' includes TASER handles, cartridges and related extended warranties.
(2)'Personal Sensors' primarily includes body cameras and accessories, signal sidearm, and related extended warranties.
(3)'Platform Solutions' primarily includes interview room, fleet in-car video, fixed cameras, drones and counter-drone equipment, virtual reality training hardware, and related extended warranties.
The following table presents our revenues disaggregated by geography (dollars in thousands):
Three Months Ended March 31,
20252024
United States$529,383 88 %$391,541 85 %
Other countries74,250 12 68,330 15 
Total$603,633 100 %$459,871 100 %

Contract Balances
The following table presents our contract assets and contract liabilities as of and for the three months ended March 31, 2025 and year ended December 31, 2024 (in thousands):
March 31, 2025December 31, 2024
Contract assets, net$507,258 $487,805
Contract liabilities (deferred revenue)1,009,730 973,640
During the three months ended March 31, 2025 and 2024, revenue recognized from the respective beginning contract liabilities was $272.2 million and $182.5 million, respectively.
Remaining Performance Obligations
As of March 31, 2025, we had approximately $7.7 billion of remaining performance obligations, which included both recognized contract liabilities as well as amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under ASC 606 as of March 31, 2025. We currently expect to recognize between approximately 20% - 25% of this balance over the next 12 months, and expect the remainder to be recognized over the following ten years, subject to risks related to delayed deployments, budget appropriation or other contract cancellation clauses.