v3.26.1
Revenue Recognition
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue
The Company disaggregates revenue from contracts with customers by type of good or service, geographical market, and business line. For the business line disaggregation, the Company considers revenue from its core business to be all revenue generated by activities outside of its Embedded business line. The Company believes that these categories aggregate the payor types by nature, amount, timing, and uncertainty of its revenue streams. The following table summarizes the Company’s disaggregated revenue (in thousands):
Pattern of
Recognition		Three months ended June 30,Six months ended June 30,
2026202520262025
By type of good or service:
ProductPoint-in-time$15,720 $16,621 $30,373 $30,785 
Software and other servicesOver time16,892 6,762 28,769 13,823 
Total revenue$32,612 $23,383 $59,142 $44,608 
By geographical market:
United States$27,591 $17,540 $48,954 $34,579 
International5,021 5,843 10,188 10,029 
Total revenue$32,612 $23,383 $59,142 $44,608 
By business line:
Core business$21,851 $21,387 $42,646 $40,303 
Embedded10,761 1,996 16,496 4,305 
Total revenue$32,612 $23,383 $59,142 $44,608 
Contract Balances
Contract balances represent amounts presented in the condensed consolidated balance sheets when the Company has either transferred goods or services to the customer or the customer has paid consideration to the Company under the contract. These contract balances include trade accounts receivable and deferred revenue. The Company recognizes a receivable when it has an unconditional right to payment, and payment terms are typically 30 to 90 days for sales on credit of product, software, and other services. For the three months ended June 30, 2026 and 2025, the Company recognized $14.3 million and $5.6 million, respectively, of revenue that was included in the deferred revenue balance at the beginning of the period. For the six months ended June 30, 2026 and 2025, the Company recognized $22.2 million and $11.2 million, respectively, of revenue that was included in the deferred revenue balance at the beginning of the period.
Transaction Price Allocated to Remaining Performance Obligations
As of June 30, 2026 and December 31, 2025, the Company had $85.8 million and $99.6 million, respectively, of remaining performance obligations. As of June 30, 2026, the Company expects to recognize 60% of its remaining performance obligations as revenue in the next twelve months and an additional 40% thereafter.