Revenue |
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Jun. 30, 2026 |
Dec. 31, 2025 |
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| Revenue | 11.Revenue The following table summarizes revenue recognized for each respective period, disaggregated by timing of recognition (point-in-time versus over-time) and by type of performance obligation:
Substantially all of the Company’s revenue for the three and six months ended June 30, 2026 and 2025 was derived in Europe. Contract liabilities consist of amounts received prior to satisfying the revenue recognition criteria, which are recorded as deferred revenue in the Company’s consolidated balance sheets. The following table summarizes the changes in deferred revenue:
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The following table summarizes revenue recognized for each respective period, disaggregated by timing of recognition (point-in-time versus over-time) and by type of performance obligation:
Substantially all of the Company’s revenue for the years ended December 31, 2025 and 2024 has been derived in Eastern Europe. Amounts due to the Company for satisfying revenue recognition criteria which have not yet been invoiced are recorded as unbilled revenue in the Company’s consolidated balance sheets. Contract liabilities consist of amounts received prior to satisfying the revenue recognition criteria, which are recorded as deferred revenue in the Company’s consolidated balance sheets. The following table summarizes the changes in deferred revenue:
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