Revenue from Contracts with Customers (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Revenue from Contract with Customer [Abstract] |
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| Summary of Product and Service Revenue Disaggregated by Geographic Region |
The following table summarizes the Company’s product and service revenue disaggregated by geographic region, which is determined based on customer location, for the three and six months ended June 30, 2026 and 2025:
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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United States |
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$ |
10,398 |
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$ |
7,751 |
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$ |
18,932 |
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$ |
14,450 |
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Asia |
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1,953 |
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2,050 |
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3,215 |
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5,313 |
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Europe |
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2,310 |
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2,413 |
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4,194 |
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4,659 |
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Other |
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62 |
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76 |
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129 |
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143 |
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Total1 |
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$ |
14,723 |
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$ |
12,290 |
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$ |
26,470 |
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$ |
24,565 |
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1 The table above does not include lease revenue of $1,772 and $1,645 for the three months ended June 30, 2026 and 2025, respectively, and $3,453 and $3,529 for the six months ended June 30, 2026 and 2025, respectively. Substantially all lease revenue originates from the United States. Refer to Note 6, Leases.
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| Summary of Information about Receivables, Contract Assets, Deferred Revenue and Contract Liabilities from Contracts with Customers |
The following table provides information about receivables and contract liabilities from contracts with customers:
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Classification |
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As of
June 30, 2026 |
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As of
December 31, 2025 |
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Accounts receivable, current |
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Accounts receivable, net |
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$ |
6,170 |
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$ |
6,377 |
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Notes receivable, current |
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Notes receivable, net |
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$ |
501 |
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$ |
295 |
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Notes receivable, long-term |
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Notes and other receivables, long-term, net |
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$ |
582 |
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$ |
731 |
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Contract liability, current |
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Deferred revenue |
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$ |
459 |
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$ |
479 |
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Deferred revenue, current |
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Deferred revenue |
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$ |
2,468 |
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$ |
2,595 |
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Deferred revenue, non-current |
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Other long-term liabilities |
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$ |
873 |
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$ |
910 |
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The following table provides information about contract assets from contracts with customers:
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Amount |
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Contract assets as of December 31, 2024 |
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$ |
236 |
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Contract assets recognized |
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307 |
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Payments received |
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(393 |
) |
Write-off due to contract modification |
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(112 |
) |
Contract assets as of June 30, 2025 |
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$ |
38 |
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The following table provides information about deferred revenue and contract liabilities from contracts with customers:
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Amount |
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Deferred revenue and contract liabilities as of December 31, 2025 |
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$ |
3,984 |
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Billings not yet recognized as revenue |
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|
833 |
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Beginning deferred revenue and contract liabilities recognized as revenue |
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(1,017 |
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Deferred revenue and contract liabilities as of June 30, 2026 |
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$ |
3,800 |
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Deferred revenue and contract liabilities as of December 31, 2024 |
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$ |
2,373 |
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Billings not yet recognized as revenue |
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1,982 |
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Beginning deferred revenue and contract liabilities recognized as revenue |
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(1,289 |
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Deferred revenue and contract liabilities as of June 30, 2025 |
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$ |
3,066 |
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| Summary of Allowance for Credit Losses |
The following table summarizes the activity in the allowance for credit losses:
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Amount |
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Accounts receivable, allowance for credit losses as of
December 31, 2025 |
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$ |
62 |
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Change in provision for credit losses |
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17 |
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Write-offs |
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— |
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Accounts receivable, allowance for credit losses as of
June 30, 2026 |
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$ |
79 |
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Accounts receivable, allowance for credit losses as of
December 31, 2024 |
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$ |
105 |
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Change in provision for credit losses |
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(57 |
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Write-offs |
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— |
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Accounts receivable, allowance for credit losses as of
June 30, 2025 |
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$ |
48 |
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| Summary of Allowance for Notes Receivable |
The following table summarizes the activity in the allowance for notes receivable:
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Amount |
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Notes receivable, allowance for credit losses as of
December 31, 2025 |
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$ |
21 |
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Change in provision for credit losses |
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1 |
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Write-offs |
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— |
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Notes receivable, allowance for credit losses as of
June 30, 2026 |
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$ |
22 |
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Notes receivable, allowance for credit losses as of
December 31, 2024 |
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$ |
31 |
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Change in provision for credit losses |
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(7 |
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Write-offs |
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— |
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Notes receivable, allowance for credit losses as of
June 30, 2025 |
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$ |
24 |
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