The Company disaggregates its revenue from contracts with customers by geographic region based on the primary billing address of the customer and timing of transfer of goods or services to customers (point-in-time or over time), as it believes it best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. Total revenue for the three months ended June 30, 2025 and 2024, based on the disaggregation criteria described above were as follows (in thousands):


	Three Months Ended June 30,
	2025					2024
	Revenue		% of Revenue			Revenue		% of Revenue
Revenue by primary geographical market:
North America	$	4,707		85	%	$	1,951		97	%
EMEA	$	489		9	%		40		2	%
APAC	$	315		6	%		21		1	%
Total	$	5,511		100	%	$	2,012		100	%

Revenue by timing of recognition:
Recognized at a point in time	$	4,203		76	%	$	1,394		69	%
Recognized over time		1,308		24	%		618		31	%
Total	$	5,511		100	%	$	2,012		100	%

Total revenue for the six months ended June 30, 2025 and 2024, based on the disaggregation criteria described above were as follows (in thousands):


	Six Months Ended June 30,
	2025					2024
	Revenue		% of Revenue			Revenue		% of Revenue
Revenue by primary geographical market:
North America	$	7,864		89	%	$	3,625		88	%
EMEA		541		6	%		269		7	%
APAC		474		5	%		225		5	%
Total	$	8,879		100	%	$	4,119		100	%

Revenue by timing of recognition:
Recognized at a point in time	$	6,684		75	%	$	3,108		75	%
Recognized over time		2,195		25	%		1,011		25	%
Total	$	8,879		100	%	$	4,119		100	%

The revenue recognized at a point in time was related to product revenue and revenue recognized over time was from non-recurring engineering services.

For the three months ended June 30, 2025, three customers accounted for 36%, 16% and 14% of the Company’s revenue, respectively. For the three months ended June 30, 2024, two customers accounted for 46% and 43% of the Company’s revenue, respectively.

For the six months ended June 30, 2025, three customers accounted for 45%, 17% and 10% of the Company’s revenue, respectively. For the six months ended June 30, 2024, two customers accounted for 41% and 40% of the Company’s revenue, respectively.

As of June 30, 2025 and December 31, 2024, the Company had contract assets of $0.6 million and $0.1 million, respectively, included in other current assets. As of December 31, 2024, the Company had contract assets of $0.1 million included in other current assets. As of June 30, 2025, and December 31, 2024, the Company had contract liabilities of $1.0 million and $4.0 million, respectively, included in other current liabilities.

As of June 30, 2025, the total amount of the transaction price allocated to unsatisfied performance obligations for contracts with an original duration greater than one year was $44.7 million, of which approximately 23% is expected to be recognized as revenue over the next 12 months, and the remainder thereafter. Total revenue estimates are based on negotiated contract prices and demand quantities, and could be influenced by risks and uncertainties, including manufacturing or supply chain constraints, modifications to customer agreements, and regulatory changes, among other factors. Accordingly, the actual revenue recognized for the remaining performance obligation in future periods may significantly fluctuate from these estimates.